|
We had this discussion in early 2000s. Stated back then with numerous examples - a tax cut creates a short term economic boom followed by economic downturns. What happened? We got the usual and predictable recession since the rich got tax breaks.
All we need do is restore the fair and economically healthy taxes once paid in the 1990s. That is only difficult when a political agenda hype government welfare to the richest.
What happened when the rich stopped paying their fair share? We have the recession as predicted by history and predicted when tax cuts were being advocated in The Cellar in the early 2000s.
How to create jobs? Stop heavily taxing those who create jobs. Tax the people who do not create the jobs - the richest. We know that is when an economy is prosperous. We know from a decade of history that welfare to the rich only makes bigger deficits and economics downturns. As demonstrated by history. As predicted. And as it happened. Simply restore what works by ignoring the political agenda. An agenda that pays word games and Limbaugh logic by relabeling no welfare as a tax increase.
|