Do Tax Cuts Lead to Economic Growth? (user search)
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  Do Tax Cuts Lead to Economic Growth? (search mode)
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Author Topic: Do Tax Cuts Lead to Economic Growth?  (Read 5690 times)
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« on: September 28, 2012, 02:45:41 PM »

Some specifically targeted cuts sometimes help stimulating growth. The idea that they are always the magic formula for growth is just plain stupid.

I bolded the two key words.  In complex systems how often can a gross one way adjustment ALWAYS have a substantial desirable effect?  I mean even a ten year old could tell us the answer.  The question is what kind of tax cuts and where are we on the curve.  A marginal tax rate of 90% on people making $80+K can probably be cut and result in generally positive things.  A guy with $200 million in the bank and raking in $20 million in retirement and only paying 13%... well cutting that guy's taxes probably isn't going to result in any sort of substantial benefit to the country as a whole.
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