by: the Common Constitutionalist
Have you noticed how it is typical of anyone and everyone either in government, or pundits who work for or report on those in government, to judge and score everything on a static basis?
The static model is that if we raise people’s taxes, the government will take in more money. Never do they figure on the dynamic response to a tax increase. Some will just pay it, while some will seek to shelter their money – and others will lose their jobs because of the increase, and therefore not pay the increase – and so on. As such we end up with a net loss, not gain in revenue.
The same goes for tax cuts. The people who whine about tax cuts always do so by judging the outcome statically, or as a zero sum game. If there is a winner, there must be loser – an equal and opposite reaction, which is never the case. They can’t, or won’t, comprehend the dynamism that tax cuts actually increase revenue.
And now the left, the establishment right, and the pundits who serve them are using the same argument for illegal immigration, not to mention tugging on our heart strings.
Charles Krauthammer did just that on the O’Reilly Factor 3 days ago. He told Bill O’Reilly that once you build a wall and get the “flow of illegals down to a trickle” – at that point “what do you do about the 11 million illegal immigrants living here.”