"As far as those huge tax breaks and subsidies go. them people will [Bleeeeep!] more money in taxes then you will ever make. They put alot into the economy. Wealthy people pay a higher percentage of taxes already. without the wealthy your taxes would be much higher."
1. if you can prove that you will be the richest economist in history
2.you are also placing great value in "economic growth" when the value should be placed on "economic strength"
consider the flooowing allegory of your statement:
so if a rich guy has a 100 dollars and instead of taxing him $20 he gets a tax break and is only taxed $10.......so your saying he has an extra $10 to spend and make the economy "grow". so he buys a boat for $9 bucks and spends $1 on sales tax....
the boat maker that sold the boat made 3 dollars on the boat and pays $1 in taxes on it.......
so you have given back ten dollars in tax breaks and thru trickle down you have gotten back two dollars.
you guys that spew this theory have never thought it thru......the rich dont take their money and go and build factories that employ americans that can then go and spend......they build factories in CHINA
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"time is but the stream I go a-fishing in"- Henry David Thoreau