Quote:
Originally Posted by tater
Who deserves a 1% tax break, a family of 4 paying 200k a year, or a family of 4 paying 5k a year?
All trickle down says is that the higher income family will spend in in ways that more positively impact the economy at large. I tend to agree, since american workers cost more, and hence our local products cost more—a cost the affluent are more able to pay.
|
Except it doesn't work that way. Trickle down economics has never ever been shown to increase any measurable aspect of the economy. If you're so confident in your theoretical increase in spending, then prove it by showing a positive correlation between tax cuts and consumer spending, or tax cuts and GDP, or tax cuts and employment, or tax cuts and business investment, or tax cuts and anything.
You keep harping on the same theory without any evidence. Unless you can show any, it's absolute bunk. Theory is just theory until you can show it to be true through data.