When being Fiscally Conservative means Raising Taxes

by Elsewhere 31 Replies latest social current

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  beksbks

  Lowering taxes has achieved nothing in the last hundred years, other than bubble and bust. It's all there to be looked at, and yet still some cling to the Reagan/Rand/Laffer/etc. fantasy. However, raising taxes on the top percentile, with strong regulations and encouraging a thriving middle class with unions and manufacturing, has been a proven model. But it's not popular to those greedy and controlling. Like the Neocons. The middle class was getting too strong, too powerful. They were the ones with the education and the wherewithal for social demands. Best make sure we wipe them out, keep them in their place.

  Look it up.
• 

  Justitia Themis

  Lower Bill Gates taxes and he will spend some, but save most of it.

  Where does the money go? Where does all of it go? Does Bill Gates stuff it in a mattress? Where does the money go, and what does it do when it gets there?

  It doesn't matter where it goes. What matters is that most of it doesn't get put back into circulation to shift the aggregate demand curve to the right and to increase GDP.