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

To: combjelly who wrote (821302)	12/7/2014 2:49:02 PM
From: i-node	2 Recommendations Recommended By gamesmistress Taro Read Replies (1) \| Respond to of 1584755

>> Actually, you have. You have on many occasions have stated that all tax cuts are good. Yes, I have argued that, which is an entirely different thing. I have argued that all tax cuts are good. But never that all tax cuts are stimulative. It is not my belief that to be "good" a tax cut must be "stimulative". Anything that keeps money in the hands of people who earned it is better than putting it in the hands of government which will squander it. That doesn't mean it will automatically stimulate the economy to cut taxes. Tax cuts designed to be stimulative must increase investment. Reduced capital gains taxes are stimulative. Accelerated depreciation and writeoff of other capital expenses can be stimulative. Credits for investment are stimulative. Increasing EITC, which is simply consumed, are not stimulative. Because the amount spent on cuts is spent and gone. Investment causes economic growth. The federal government is, in practically all cases, the worst possible allocator of resources. You do not understand these concepts and I have no interest in arguing it with you again.