Quote:
Originally Posted by fishbones
I figured as a business owner you'd understand that all debts aren't bad. Tax cuts are put in place to get people spending. This increases GNP, which helps offset the lost revenue from the tax cuts. As I mentioned before, cutting government spending also helps offset the lost tax revenue. Tax cuts put more money into the hands of the people who are going to spend it, while throwing stimulus money at big corporations and banks just drains more money from the economy.
|
Again you're putting words into my mouth.