So Republicans are planning to explode the deficit in order to cut taxes on the wealthy. Nobody should be surprised -- but many are, Why? 1/
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Wealth creation is not spurred by government spending. The money must be taken from elsewhere. Wealth creation in the economy.
That's simply not true. When properly managed, every dollar of tax money put into an economy results in anywhere from $1.50-2.50 in growth.
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Look at it like this, Will: Imagine a person who takes home $10 million in a year, after taxes. Milk still costs $5. Gas is still $3/gal. 1/
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So they end up putting 90% of that money in savings. They sock it away. That removes that money from circulation in the economy. 2/
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After socking it away then scream about inheritance tax. So heirs that didn't earn it don't have to pay a gift tax. Greed one of the 7
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Interestingly, many of the Founders of this country wanted to ban inheritance altogether. They saw it as an "artificial aristocracy."
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The transfer of wealth is decidedly not wealth creation. Not even close. http://www.nationalreview.com/article/228760/job-creation-snow-job-thomas-sowell …
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We have history to look at now. Can you please show us one time when taxes were lowered on the wealthy and it spurred more good jobs?
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This is a good explanation here. But like Paul said, there are zero serious honest republicans so it wasn’t worth explaining it to Will.
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I'm only aware of like 3 honest Democrats... Jimmy Carter, Tulsi Gabbard, and... Nevermind. 2. I know of 2.
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Or if invested into Early Childhood Education, a ROI of as much as $8-12, per the Mpls Fed a bit over a decade ago
:https://www.minneapolisfed.org/publications/fedgazette/early-childhood-development-economic-development-with-a-high-public-return …Dziękujemy. Twitter skorzysta z tych informacji, aby Twoja oś czasu bardziej Ci odpowiadała. CofnijCofnij
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Dziękujemy. Twitter skorzysta z tych informacji, aby Twoja oś czasu bardziej Ci odpowiadała. CofnijCofnij
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Wydaje się, że ładowanie zajmuje dużo czasu.
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