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To: American Spirit who wrote (27177)5/31/2004 5:40:27 PM
From: WaynersRespond to of 81568
 
Its silly to say that there is no trickle down in the form of new jobs because if you make money and don't invest it wisely, you're money is gone. So where does the money go by the rich, stuck in a mattress somewhere. Do they bury itunder the floorboards? No! The money is invested where it is available for use to start or expand businesses and hire workers to support that growth. The money may got to a bank where it is lent to support the buying of homes, businesses etc. It may be directly investment to hire new workers, buy machines, replace existing machines, expand facilities.



To: American Spirit who wrote (27177)6/1/2004 12:42:07 AM
From: Patricia TrincheroRead Replies (1) | Respond to of 81568
 
Right...............lowered Fed taxes mean that the state taxes increase. The money has to come from somewhere and unless you cut expenses you can't go on forever lowering taxes.

The money doesn't trickle down...........it gushes over to offshore tax shelters.