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US state lowers taxes AND increases income? (25Aug11)

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Uploaded by on Aug 29, 2011

The US state of Texas is supposedly booming compared to others, as the state embarks on a plan of lower taxes to get more people to work, and get businesses moving. This is complete alien concept to those that just increase taxes and carry on spending (like US President Obama).

Recorded from BBC 10pm News, 25 August 2011.

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  • If they vote for lower taxes, and less public services. Who are we to bitch about it?

  • hes definitely right, lower taxes & economic freedom IS the only way forward... but rick perry is a moron! someone like ron paul has a far far better grip on economics.

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  • US has the lowest tax rates in the developed world. So yeah, lower them some more, then you can really repay your debts.

  • US Has the lowest tax rates in the world. So yeah, lower them some more, that'll fix it.

  • @LuckyLuke199 lol....in alot of ways it is.

  • @mrdk216 Sounds like London is a better place to be poor and a worse place to be a taxpayer.

  • @LuckyLuke199 yup london is a better place to be poor...you will recieve more help from the government..i think thats what they mean..here u can get child benefit income support disability allowance tax credits housing benefits..and so on...which may not b offered by the texan government.

  • you cant pin everything on low tax more jobs, what happens when there is a downturn? the government debt will be MASSIVE. You need a good balance.

  • What bullshit. Do the research and you'll see that the "Texas Miracle" is more like a mirage.

  • Worked when Kennedy did it.

  • @JenniferHL3 Well Obama did try the stimulus and that obviously didn't work.

  • @LuckyLuke199

    There are better places to be poor.

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