I have to tell you, Tom, it has been shown over decades that almost every time taxes are cut, government revenue increases. Likewise, raising taxes decreases revenue. Why? Because corporations and the wealthy are able to take advantage of tax laws to reduce the tax they spend either by using tax shelters, which have been installed over the years by predominantly Democrat congresses or, in the case of large corporations, by moving all or part of their operations off shore, or both. Government spending has always resulted in inflation which hurts mostly the middle and lower classes. Not only that, taxing of the extreme upper class reaches only a small percentage of total income. The only sensible way to raise tax money is with evenly distributed taxing. Government has usually ignored this because "taxing the rich" sounds good to those who are not rich (class envy). Politicians, of both stripes, are interested in pleasing their constituents. If you tax something you get less of it, if you reduce taxes or subsidize something, you get more of it. Maybe term limits would have some positive effect on this practice.

What a perfect Biden Policy.
So sit back and watch our Groceries, our Economic Pressure, and Pricing go up to the next level of suffering under the Bidenomic Policy,
(Another Biden Failed Policy For Sure.)●
We will pay much more for everything, as this is all passed on to Consumers.

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pegw, you are the most stupid one that occupies this OPP space!

Here are the facts about Tesla.
Tesla annual income taxes for 2023 were $-5.001B, a 541.78% decline from 2022.

Tesla annual income taxes for 2022 were $1.132B, a 61.95% increase from 2021.

Tesla annual income taxes for 2021 were $0.699B, a 139.38% increase from 2020.

For Elon Muck alone, he paid $11 billion for tax year 2021.
https://americansfortaxfairness.org/musks-11-billion-tax-bill-big-news-just-10-wealth-increase-far-year/

Your Bidens, the Barack, and the Clintons pay zero. At the same time, they steal. As they corrupt the government system. They don't produce. They take money away from the people, the taxpayers. Are you so STUPID to earn where money comes from?

Find that out from Congress and read the book of Peter Schweizer "Red Handed", "The Clinton Cash", "Profiles of Corruption", "Secret Empires". These people I mentioned are all the powers that run behind that corrupt the system. [/i]