Comments by "Scott Franco" (@scottfranco1962) on "Lower Taxes, Higher Revenue | 5 Minute Video" video.

The real situation is not that nobody will work if overtaxed (they would try). When government tries to take too much out of the economy, it gets sicker and sicker and starts to die. Government is like a tick that gets bigger and bigger and starts to take so much blood from its host that it cannot survive. And both die.
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The issue is that government agencies will do ANYTHING to protect their jobs. Reagan came into office with the idea that you had to cut the budget of federal agencies to get them to shrink, like you cut off blood to a tumor. And it worked. The second part of that equation was that government can and will spend every dollar that it gets in taxes and then some. Thus you have to cut taxes FIRST before cutting budgets. Government will never willingly leave money on the table it has got through taxes. Did the Reagan revolution increase the debt? you betcha. Government continued to overspend even with the cuts. But by the end of the 1980's and into the 1990's, the economy was growing at such a rate, and the government was NOT growing at such a rate, that by the end of the century the budget balanced and even went into surplus, which of course the democrats took credit for. That's probably the last surplus budget I will see out of the government in my lifetime. Perhaps yours too.
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