Black Mamba
Member
Hey that would actually be a good thing, especially in a sluggish economy. Tax increases (at least those not aimed at extremely high income earners) depress aggregate demand. So if you're going to have a tax increase, it definitely ought to be offset by more spending. Glad to see tea partiers are coming around to increased government spending.
revenue neutral means the new tax that replaces the old tax brings in the same amount of revenues. It has nothing to do with spending. That would be deficit neutral.
Hence the "wat" in the post. What tax is it replacing?