Cutting taxes for the rich is not a "rising tide"

[edhopper]

I am sick and tired of that metaphor. All cutting taxes for the top does is make them richer, decrease revenue, and definitely not bringing economic growth to anyone else.
A better analogy would be letting millionaires with bigger and bigger yatchs take up more and more space on the docks, pushing out the smaller boats.

[guillaumeb]

1. a rising tide indeed lifts all boats

but when most people have no boat the rising tide drowns them.


My take on how the saying should read.

[salin]

2. less making the pie higher (W said something like that) and more like empowering the 1% to play

King of the Hill - and knock everyone else off of the hill.

[randome]

3. Yes it does -in limited, targeted circumstances.

Republicans aren't smart enough to understand this. They think every problem is a nail to be hammered with tax cuts.
[hr][font color="blue"][center]Everything is a satellite to some other thing.[/center][/font][hr]

[edhopper]

4. My point is

Cutting taxes doesn't make the 'tide rise'.

Spending on infrastructure would.

[randome]

5. Hell, yeah, infrastructure spending would create a true economic boom!

Everyone is just kicking that particular can down the road for the 'next guy' to worry about.
[hr][font color="blue"][center]No squirrels were harmed in the making of this post. Yet.[/center][/font][hr]

[vi5]

6. Strengthening unions does..

When unions are strong and prosperous the country follows and that tide rises and lifts all boats.

When the wealthy get their tax cuts, the tide does not rise.

It would be nice if we had a political party that still fought for unions and making them stronger instead of both parties tripping over each other to make rich people happy.

[edhopper]

7. Well said. nt

[Gothmog]

8. This saying is based on the false premise that tax cuts to the rich stimulate the economy

That premise is clearly false and this saying is simply wrong

[edhopper]

9. Exactly.