Proof that tax cuts work.

The nation’s budget deficit will drop to $205 billion in the fiscal year that ends in September, less than half of what it was at its peak in 2004, according to new White House estimates.

Tax cuts give businesses and individuals more money, meaning more people can work and contribute to the treasury with their tax money.

It also means the businesses have more revenue to be taxed. The small businessman, especially, is helped by tax cuts as he is usually taxed at the individual rate. If his taxes are raised he has to either raise his product price or lay off workers.

We need to encourage the Congress to make permanent the tax cuts that are set to expire in 2010 and the current Congress intends to allow to expire. The “experiment” has once again been proved.