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Republicans want to pay off the deficit and debt by lowering taxes?

If I had a morgage, could I pay it off by making less money? I don't get it?

A government does not make a profit. It only collects money through taxes. Taxes are imposed on spending, personal income, company income, and goods such as property. If taxes are decreased, this will stimulate the economy. People will have more money to spend and therefore companies will make more money of people buying their products. The reason they will have more money to spend is because less money is taken from them by taxes. When many people go out and spend more money or produce more revenue or buy more property, they pay taxes on all this stuff. The percentage taxed may be lower (from lowering taxes), but more money will be moving through the economy.

Imagine a tax rate of 10%, and a taxable amount of money in the economy of one million dollars. The government gets $100,000.

Imagine the tax rate is decreased to 5%. Imagine that spending and income increases as a result. Let's say it increases taxable money to two and a half million dollars. This means the government gets $125,000, more than when the tax rate was 10%.

This is a very basic example of how the math works on lower tax rates. Stimulating business by having more money to work with in the economy creates productivity which in turn creates more money, and that's more money that can be taxed.