Opinion of Trickle-Down Economics (user search)
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  Opinion of Trickle-Down Economics (search mode)
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Question: Go.
#1
Good idea
 
#2
Bad idea
 
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Total Voters: 30

Author Topic: Opinion of Trickle-Down Economics  (Read 4853 times)
KeeptheChange
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Posts: 146


« on: February 15, 2010, 04:40:38 PM »

A good idea that was never carried far enough.  While I consider the Libertarians to be close allies of mine when it comes to dismantling government, I do support major tax breaks for both the wealthy and for business.  When we take care of those who employ the rest of us, they in turn, take care of us.  Also, then tend to use the money awarded them via tax cuts or business grants/abatements, etc. to create new wealth.

The liberal model, though honorably intentioned, is to let wealth trickle up.  The Robin Hood approach has never worked and it never will.  Just look at how the New Deal prolonged the recession and accomplished nothing positive.  Ever since that gigantic fiasco, indolent Americans have become addicted to handouts.
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KeeptheChange
Rookie
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Posts: 146


« Reply #1 on: February 19, 2010, 02:44:51 PM »

A principal that would make america and americans VERY prosperous if it could be allowed to work with out interferance.  The problem with it is the democRAT party would derail it every chance they get and any legislation to make trickle down or supply side work would be bogged down by liberals who would tack on all kind of pork.


This is not some idea supported by a bunch of nuts people.  It is backed by leading economists and people like Reagan and kemp.  why not give it a chance?

Could you be more specific?  Do you want tax cuts for the middle class, or the upperclass?  Do you want tax cuts and grants for corporations and businesses?  The past 8 Bush years were pretty good for corporations, did you agree with those policies?  Do you think Middle Class workers have any chance at all to rise up?

I can't speak for Coburn, but I would like to respond if that's okay.  Wink


Taxation is theft.  For the purpose of practicality and national defense, I am willing to accept an across the board, one percent tax on sales or income, or both if someone can persuade me it's really necessary.  This business of taxing the most productive, beneficial members of a society while rewarding leeches and indolent no-accounts is exactly what will eventually turn this country into another Somalia or Haiti. Hannity said it best the other day, "We should reward success and punish failure. Instead, our culture coddles, enables and excuses failure while punishing success."

I have already published on this forum a list of program and entitlement cuts that would make such a tax cut possible, so I see no need to repeat it here unless specifically asked.

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