Padawanbater2
Well-Known Member
What's the point of pretending to know anything about economics when everything you post shows you don't?What I don't like is singles making less than $25,000/yr. and couples making less than $50,000/yr. won't pay taxes under his plan. That's bullshit. They're the ones receiving benefits and should pay their way just like anyone else.
His reduction in the capital gains tax is reasonable as is the proposal to get rid of the estate and death taxes.
You subscribe to supply-side economics - that is, reduce taxes on the rich (the "job creators") to ensure there are as few restrictions as possible to innovate and hire workers. The problem is our economy shows what creates jobs is demand - people want something, so they buy something, that in turn adds money to the business to hire more workers, decreasing unemployment. In one scenario - supply-side economics, growth is dependent upon people putting money back into the system. In the other - demand-side economics, growth is dependent upon people needing goods/services. So it's pretty simple.. to foster growth, would you rather depend on someone buying back into the system with their own money or the ever-present natural outcome of a consumer economy wherein people need things, and those that produce the things people need are fairly compensated according to the free market?
The choice is obvious..