Talk:Kemp-Roth Tax Cut

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Who initated this bill, and was it part of thr Presidents plan?

Is it just coincidence that this page has the exact same words: http://www.tutorgig.com/encyclopedia/getdefn.jsp?keywords=Kemp-Roth_Tax_Cut

???

[edit] =

Well, someone was copying! It does look like "tutorgig" is pulling from Wikipedia since not all of the links lead to real pages at tutorgig, and ones that do are also copies of Wikipedia (minus the graphics!).

I changed the structure of the page since one paragraph was too bulky, and changed some of the wording to be more precise.

Kemp and Roth originally proposed an across the board tax cut in 1977. Various bills in Congress were submitted but it was not until Reagan endorsed the tax cuts as part of his 1980 platform did they have a chance of passing.

Stupendous Man 04:07, 2004 Feb 16 (UTC)


Just a question: what is the controversy over whether or not the tax cuts increased govt. revenue? Wouldn't this be a fairly easy thing to check out? I'm not advocating here, just saying it needs a better explanation. Meelar 03:52, 16 Feb 2004 (UTC)

[edit] ==

The problem is that there were a number of tax changes and not all government revenues can be tied to a specific tax.

For example, income taxes increased after the tax cuts, and at a faster rate than prior to the tax cuts. Proponents point to that as proof that the tax cuts worked. Critics maintain that the economy improved (but not due to the tax cuts) and thus income taxes increased, and some critics claim that revenues would have been even higher without the rate cuts.

There have been studied, such as lawrence Lindsey's The Growth Experiment, but it's virtually impossible to isolate a specific reason for revenue increases/decreases.

Other taxes, such as the capital gains tax, are easier to isolate and analyze.


Stupendous Man 04:07, 2004 Feb 16 (UTC)


Got it. If you don't mind, I'll merge that into the article. Meelar 04:09, 16 Feb 2004 (UTC)