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General Discussion

Hydra

(14,459 posts)

1. The magical thinking is that there will be some sort of "boom" if the rich have more to spend

Reply to FogerRox (Original post)

Sat Oct 6, 2012, 05:27 PM

Oct 2012

But as usual, there's a weakness- The rich don't want to "spend"...they want to "make" money! Ie: they want to suck more money out of the system with less taxes applied to it.

Why is it that all of the "adults" don't understand this? Are we going to kill the planet to make the rich feel "special"?

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CRS: lower tax rates appear to create greater income disparity. Do not create jobs or GDP growth. [View all] FogerRox Oct 2012 OP

The magical thinking is that there will be some sort of "boom" if the rich have more to spend Hydra Oct 2012 #1

Well said. FogerRox Oct 2012 #2

Latest Discussions»General Discussion»CRS: lower tax rates appe...»Reply #1