What Was Jeb Thinking? (user search)
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  What Was Jeb Thinking? (search mode)
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Author Topic: What Was Jeb Thinking?  (Read 1786 times)
Maxwell
mah519
Atlas Star
*****
Posts: 28,459
Germany


Political Matrix
E: -6.45, S: -6.96

« on: November 05, 2015, 04:44:59 PM »

George Pataki would be doing a lot better than Jeb Bush if he had Jeb Bush money.
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Maxwell
mah519
Atlas Star
*****
Posts: 28,459
Germany


Political Matrix
E: -6.45, S: -6.96

« Reply #1 on: November 05, 2015, 06:21:15 PM »

Tax cuts stimulate economic growth, that is basic economics. However, it stimulates growth for those whose taxes are cut - and that has not been centered on anyone but the wealthy for a long long time, which explains wage growth for the wealthy at the expense of stagnation for the middle class.
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Maxwell
mah519
Atlas Star
*****
Posts: 28,459
Germany


Political Matrix
E: -6.45, S: -6.96

« Reply #2 on: November 05, 2015, 06:46:05 PM »

Tax cuts stimulate economic growth, that is basic economics. However, it stimulates growth for those whose taxes are cut - and that has not been centered on anyone but the wealthy for a long long time, which explains wage growth for the wealthy at the expense of stagnation for the middle class.

Tax cuts stimulate growth only up to a point, you have diminishing returns the lower the overall rates go.

This is also correct.
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