The Instigator
bmaples02
Pro (for)
The Contender
NathanGimel
Con (against)

tax cuts

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Voting Style: Open Point System: 7 Point
Started: 12/1/2017 Category: Politics
Updated: 1 month ago Status: Debating Period
Viewed: 109 times Debate No: 105441
Debate Rounds (5)
Comments (1)
Votes (0)

 

bmaples02

Pro

I am for tax cuts because the money paid to the US is not necessarily making the best of what american taxpayers are giving them such as using the money for trials that aren't need, or sending money to welfare and people who are to lazy to get jobs. the money should be going to things that matter such as raising military budgets and defense budgets. the money should also start being saved to pay off the great deficit so that we can stop going further into debt. another reason that tax cuts would be good for the US is more people would be able to afford them and be willing to pay them and the more people that are paying taxes the more money the government is going to get. People work hard for their money there is no reason that they should not be entitled to keep their hard earned money so that they can pay for their families well being and other things and ideas that they want to make out of the money they have. tax cuts will also reduce welfare recipients because companies won't be spending as much on taxes so they are going to be able to hire and pay people more than before bringing in great amounts of revenue for the US.
NathanGimel

Con

It"s a nice idea, but in reality, tax cuts will increase the deficit, without giving the US enough growth to compensate for the loss of revenue: for example, the current tax cut on the table in Congress will add more than $1.23 TRILLION to the deficit over ten years, while only boosting economic growth by 0.7% in 2018 " which would not generate anywhere near enough new revenue from growth to compensate for the loss from tax cuts. This from the Tax Policy Center.

A caveat: of course, if taxes were at 50% for everyone in the nation, it would be strangling the country and its people: but that"s simply not the case here, with most taxes being paid by the wealthy, who don"t seem to mind much. The classic middle-class family is sadly in the minority now, and they pay tragically little: the top 20% of earners earn 95% of taxes, with the middle class filling in most of the rest (from the OMB).

And you even say that "money should also start being saved to pay off the great deficit so that we can stop going further into debt", but how does that make sense when you"ll be adding to the debt and deficit with tax cuts, and delaying the necessary pain of actually raising more revenue from the citizens to pay off our massive debt? It"s just kicking the can down the road for votes.

The rest of your arguments I will save for later rounds.

Gimel
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Debate Round No. 5
1 comment has been posted on this debate.
Posted by PointyDelta 1 month ago
PointyDelta
the earth is round. the moon exists. tax cuts don't pay for themselves. enough already
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