So you’ve tweeted an opinion article from economists connected to past GOP Presidents. Trickle down doesn’t work Orrin. Just admit this one’s for Wall Street.
Top economists: the Senate Finance Committee tax proposal will lift the economy, could boost GDP 3-4 percent long term. http://on.wsj.com/2k1FgeR #taxreform
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This is a bald-faced lie, coupled w/an intentional misrepresentation. Nearly all economists agree this bill will do no such thing. Of course Murdoch’s WSJ would say otherwise. Plus, even if true, a 3-4% addition =/= 3-4% GDP growth which is what you’re trying to sell.
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Wait... the entire logic of this piece is: reduced cost results in increased demand? That's not how supply and demand works.
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If the demand for capital is constrained by the cost of capital, then why isn't the super rich already meeting that demand? If lowering the cost of capital makes it easier for the demand to be met. Why only give the super rich the means to meet that demand?
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If we allowed people to decide if they "wanted" to pay for auto insurance the price of auto insurance would sky rocket for the rest of us paying for coverage...so why are u trying to kill ACA???????
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Such bull. Remember that ol' 'Adult conversation' about the deficit that you all wanted to have a couple years ago?
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Most analysis show this will raise taxes for the poor and those making <100,000. The debt will increase and next you will want to cut Medicare Social Security and other benefits. Let’s be honest
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