President Bush likes to lie about tax cuts, implying that they will magically boost revenues if they help the economy. Disagreeing with the economics is like disagreeing with gravity, sir, it doesn't make it true.
The irony is that if we know we're going to increase the deficit to provide economic stimulus, why not put it in the pockets of those who would provide the most? The poor.
1 comment:
Here is another source on whether tax cuts pay for themselves based on the Reagan years. Yeah, this is definitely a shell game...
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