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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (425948)10/14/2008 12:13:27 PM
From: Road Walker  Read Replies (2) | Respond to of 1574261
 
The middle class and wealthy have to work harder and earn less for it, so incentive craters, further slamming productivity.

What if you cut taxes to the middle class?

It isn't rocket science. You cannot give away money and expect the economy to get better.

Unless you give it to the rich?



To: i-node who wrote (425948)10/14/2008 12:20:14 PM
From: combjelly2 Recommendations  Read Replies (2) | Respond to of 1574261
 
"When you increase taxes and give the money to the poor, you drag the entire country down."

Right. Because the poor just waste the money on things like food. What economy can function on commerce?



To: i-node who wrote (425948)10/14/2008 12:44:49 PM
From: tejek  Read Replies (1) | Respond to of 1574261
 
When you cut taxes, you trigger investment which triggers jobs and helps everyone.

Then why were the job gains after the Bush tax cuts so anemic and so low paying? Why are we back in recession already? How long did you guys think you could fool Americans about trickle down?