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

To: RMF who wrote (788874)	6/10/2014 2:11:06 AM
From: i-node	Read Replies (1) \| Respond to of 1576143

>> So Carter got a lot of his revenues from VERY wealthy people making more money too. I can't really say who paid those taxes. But it was a good move. The problem is, imo, that he didn't follow it with stimulative tax policy that would cause capital investment. Consistently, targeted credits/deductions which cause investment (not those which cause consumption) are what you want in order to stimulate economic growth. Anything you can do to spur business investment is a good thing. I started my first business right after Reagan took office and was able to get by for a couple years without paying taxes (even as my wife was a making a lot of money). I probably would not have felt like I could have done that without the tax breaks for the investments I was making in my business.