Excerpt from: Public Comments For Critiqued/Reviewed Business Opportunities
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| April 02, 2008 | | Review by J. Low -- Long time Bob Brinker radio show listener is disappointed in comment on tax cuts | | Review...
Bob Brinker was asked on a recent show whether federal tax cuts stimulate the economy. In spite of many examples dating back to President Kennedy where tax cuts did indeed stimulate the economy and resulted in higher federal tax revenues through growth of the economy, Brinker just used the "appeal to ridicule" logical fallacy to ask the listener whether a zero percent federal tax rate would maximize federal tax revenues.
Of course this ridiculous situation would never happen, and the demonstrated effect of tax rate reductions on increasing federal revenues through growth of the economy was essentially dismissed by a very ignorant Bob Brinker. He apparently does not understand basic economics. In the past, I have heard him blame specific Presidents for the size of the federal budget, when it is clearly Congress that specifies the budget whether the President agrees or not. | | |
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