How does raising taxes boost the Economy? #Obama?

[Pepsi]

Okay, so I know in general how taxes can stimulate the Economy.

So, we have to things. The Economy, and the Government. Government acts like the middle-man a bit, passing regulations, subsidies, etc, between consumer and producer of the economy.

If someone like car sells fail in the economy because, let's say, their are no roads, plus no transportation of goods, the economy might be slack a bit. But if the Government does its middle-man jobs of taxes, and uses that money to build roads, voila! They just boosted the economy.

But the problem now is, our Government rarely does that anymore. All the obvious economical boosters have been taken care of, and the tax revenue is used a lot simply to maintain what we have. Sometimes a small road will be added, but it's not too common.

So now, we have TONS of leftover money. Education is really the main thing that taxes are spent on to boost the economy now. Despite education growing, tax revenue is still way more than enough to support it. Same with medicare. You may think since medicare may seem slack at sometimes, that there isn't enough tax money for it, but that's not so. There's just not enough tax money allocated towards it.

So, if we have extra revenue, what is it spent on?

http://www.slate.com/blogs/the_slatest/2...ation.html

IT'S WASTED.

Look it up! Wait, also watch this video. Obama's vacations is only an example of millions. Here's a video of trillions:

http://www.youtube.com/watch?v=GYNVNhB-m0o

In a sense, the Government isn't really part of the Economy, but the affect it a lot. They're like, as I said, the middle-man between consumer and producer. When the Government takes money out of the Economy via taxations, they're supposed to use it wisely to boost the Economy. But when you take the money out of the economy and WASTE it, especially with these "federal bailouts," IT'S GONE. Spending money overseas is literally giving the economy away. When the Government takes tax dollars and wastes them overseas, especially with the wars in Iraq (still going on, despite what you believe) and Afghanistan, it's hurtful to the economy.

Now, some people say, "oh, they're only taking it from the rich."

NEWSFLASH. The rich don't want to lose their money either! Personally, I feel the rich are taxes TOO much.

The rich are going to do everything in their power to keep their money. Higher lawyers, sue others, cut back on proper disposal of wastes, which leads to external costs.
Do you know what external costs are? Have you ever taken an economics class?

External costs = YOU.

You can't just raise the tax on the rich and not have to worry. Raising the tax on the rich will eventually come back around to YOU.

(I know this isn't Twitter, I just added the hash tag to indicate what I was referencing)