Stimulus by Tax Cut

By Thomas Macauley on
I am recently persuaded that it is not the corporate tax cuts PER SE that make for successful trickle-down. Permanent corporate/capital tax cuts are the most demonstrable part of pro-growth policies which DO encourage loosening of purse strings which is then helped along by those tax cuts. Obama is not pro-growth and not offering predictability so profits are held onto and not re-invested. He offers tax and cost increases and more rules. Omen: “Tell Vladmir I will have more flexibility after the election”

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