Lead Thrower,

The one thing you have to watch out for is the definition of " The Rich" used by people who are opposed to not only this tax cut but all tax cuts. You might be suprised at what income level is thrown into this category. All that aside if you multiply your $100 per person by ,1/4 of the United States population, 75 million people you get a pretty big number in the aggregate. So, maybe it is not that bad of a thing in total- which I think is the point.

Ramon vb - agreed that there are plenty of experts on both sides of the coin on this one, but one fact you left out is that the Regan tax cut did increase revenue, the problem was that the spending increased by more. A decrease in spending along with an increase in revenue is needed.

Surecatch - The rates in other countries may be higher but that does not tell the complete story. For example, how do you get to taxable income in those countries? Does a person there get more deductions? In some of these countries that is true and in these cases there effective tax rate is actually lower. Back when our tax system had higher rates, people were allowed more deductions from taxable income. Remember being able to deduct your credit card interest? In addition, the phase outs for itemized deductions were not as low as they are now allowing for more deductions from taxable income than are allowed now. Most wealthy people are phased out of a large percentage of their itemized deductions.

I am not saying a tax cut will pull us out of the slump, but it will, as history has proven, provide an increase in gov't revenue.