Subscribe to:
Post Comments (Atom)
-
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a... -
Gavin Newsom's insane new executive order commands Californians to stay in their homes "until further notice" "except as...
Socialism is like a pot luck
The latest product of the American public education system, I presume: Sure, socialism is just like a pot luck. You would have e...
4 comments:
Given that more than a 1/3 of the stimulious package was tax cuts can we conclude that tax cuts are now not a stimulious to the economy?
Even if by "tax cuts" you mean cash handouts to consumers who don't even pay taxes, your statement would be a logical fallacy.
You may conclude that this Porkulus was an ill-advised epic failure except to the special interests who profited, but that doesn't tell you anything about well-designed, broad-based tax cuts which nearly all economists would agree are stimulative.
Tax cuts? Do you mean like the tax cut to private jet manufacturers that Obama signed then turned around and demonized?
Maybe you mean the extension to the existing tax rates? I suppose if you think the government allowed private citizens to keep more of its money then you could consider that a tax cut.
W.C., thanks for the link.
And were they technically tax cuts or just credits because I don't think there were any actual changes to the tax code, correct?
Post a Comment