How does not raising taxes increase revenue?

[Riftaxe]

Maybe I just don't understand multidimensional chess?

Oh well, hopefully they will release a draft of the "deal" that they reached, before the final vote.

[adhd_what_huh]

1. loop holes are spending in the tax code. By removing the

loop holes you increase revenue

[WCGreen]

2. the idea is that by raising taxes you diminish the economic activity since the

amount of the tax is taken out of the economic stream.

The economic theory of the multiplier effect is each dollar spent multiplies as it travels through the revenue streams of the private sector causing more economic activity and therefor, theoretically, increases the taxable events and so tax revenues are increased.

[Autumn]

3. Like this, someday, the Bush/Obama tax cuts for the wealthy

will expire, that will increase revenue. So I have been told. Of course we were assured they would not be extended but they were. So it's a real possibility they will be extended again. republicans find something that works they stick with it.

[LonePirate]

4. Multi-dimensional chess is what the Kool-aid drinkers spout to convince themselves Obama is right

I'm not buying the argument or comparison any longer.