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How can lowering tax rates for wealthy people help stimulate the economy? (For the guy bitching about no logical discussions).?
I was really hoping to discuss economics....perhaps another day. I wish you all a good night.
6 Answers
- SamLv 65 years agoFavorite Answer
I love you. I mean, I love me some personal tax cuts and I am by no means wealthy, but that dude is an a--hole and he gotta go.
- Anonymous5 years ago
Lowering tax rates for the wealthy to help stimulate the economy is a lie put about by the wealthy. Lowering tax rates just encourages them to buy more villas in Spain and Italy and shove the rest into a tax haven. Not much stimulating the economy there.
- Anonymous5 years ago
It's called supply side economics.
The theory is that money that is not taken as tax may be invested and stimulate economic growth
- ?Lv 65 years ago
It never has as far as I'm aware. In fact, it's partially responsibly for the Bush recession.
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- EdwardLv 75 years ago
It leaves more money for expansion,training,research an development..an more big ticket buying..
