The Fall f the United States, The End

[Alan Roehrich]

Originally Posted by Eddies66

Wrong, Cutting taxes for the wealthy often does not translate to increased rates of employment, consumer spending, and government revenues in the long term. Instead, cutting taxes for middle- and lower-income earners will drive the economy through the trickle-up phenomenon. The added income for the wealthy, resulting from tax cuts, will simply increase the growing income inequality in the United States.

Trump and Reagan used it and both tripled the debt.

Again, you gleefully ignore the spending.



NEVER has any form of giving the "lower income" segment any money resulted in economic progress.


The FIRST problem with your baseless theory is that the bottom 40% barely pay ANY federal income taxes of any kind. At most, they pay some federal taxes such as those on fuels. Quite literally, the biggest burdens on "lower classes" are the result of high tax rates on corporations, which substantially increase the cost of goods and services, and the burden of inflation, driven by the government not only spending, but drastically increasing the debt, and quite literally inventing money out of thin air, reducing the value of money in circulation.



If you want to give them a break, reduce the taxes charged to those who make the goods they purchase, thereby reducing the cost of the goods they require to survive. And increasing the amount of production done within the borders, increasing their chance at higher wages.