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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (206003)	10/26/2012 1:36:28 PM
From: cnyndwllr	Respond to of 541481

Sam, lowering the payroll tax rate as opposed to the income tax rate is more stimulative. The payroll tax lowering puts a few more dollars in consumers pockets every month...the pockets of people making up to the max payroll tax rate. It's more progressive and people are more willing to spend small amounts each month as opposed to saving a lump, yearly sum that they'd get at the end of the year. Not good politics but good economics. Good politics would be to do what Bush did and send a few hundred dollar check with the notation, "look what I've done for you." Ed