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Everybody gets a tax cut?

Started Oct-3 by HWPeeler (HPeeler); 77 views.
HWPeeler (HPeeler)

From: HWPeeler (HPeeler)

Oct-3

But somehow the government has more money and decreases its debt? Something doesn't add up here. What am I missing?

Haven't you heard?

Trickle-down economics!  It's all the rage now-a-days.

Too bad it's a myth.

Cheers,

Jenifer

Clothahump

From: Clothahump

Oct-6

HWPeeler (HPeeler) said...

But somehow the government has more money and decreases its debt? Something doesn't add up here. What am I missing?

Tax cuts are wonderful.  But if they aren't matched with government spending cuts, then we just go into the red.  The spending cuts are more important, in the long run, than the tax cuts.

HWPeeler (HPeeler)

From: HWPeeler (HPeeler)

Oct-6

Clothahump said:

government spending cuts,

Agree. Just a different topic.

albatler

From: albatler

Oct-6

the soviets had trickle up economics...

if the plebes didn't produce, no one had any wealth..

RGoss99

From: RGoss99

Oct-19

Another way of looking at it, if everybody gets fair taxcut, the increased money i circulatiion would result in inflatio to the extent that in networth,would be an inres of zero. but with an increase in national debt requiring more taxes i the future.

HWPeeler (HPeeler)

From: HWPeeler (HPeeler)

Oct-19

That looks like it could happen.

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