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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (115610)1/16/2016 1:41:22 PM
From: Elroy Jetson1 Recommendation

Recommended By
3bar

  Read Replies (1) | Respond to of 219933
 
Yep. Some cranks still believe increased public debt used to lower taxes greatly increases economic growth.

But Ronald Reagan proved this concept to be false. — It didn't work for Juan Peron in Argentina and it's not going to work for China either.

Yet this defective concept remains so alluring that Donald Trump has recycled this scheme which won't die as a way to further reduce income tax rates for those earning more than $450k annually from 39% to 25%




To: elmatador who wrote (115610)1/16/2016 2:05:17 PM
From: 3bar  Read Replies (1) | Respond to of 219933
 
Excellent ! Tks for that . Was wondering where/when it would be a factor .