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Edited by Ghost4201990:
8/31/2016 10:18:22 PM
7
Want to know why supply-side economics works?
The reason is the way you get more tax revenue is not by raising taxes that is a misnomer the way you make more tax revenue by more people paying taxes you know how you do that? Create more jobs do you know how you create jobs? By letting the investors keep more of their money
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The Laffer Curve is an excellent demonstration of the relationship between tax rates and revenue. A lot of people don't get it, though. There's this weird misconception surrounding wealth; people believe that it's static. If wealth is static, then rich people are rich at other people's expense. If this [i]was[/i] true (it isn't), then how could one possibly support lower taxes or social spending? After all, there's only so much wealth and it's all being hoarded by the rich!
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1 Reply
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1 ReplyWhy don't the people who want to tax the rich more grow a set , grab a gun, and rob a rich person themselves. Don't use the government like a punk.
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9 RepliesI understand the idea behind trickle down economics... Maybe it would work in an ideal world, but it doesn't in ours. http://money.cnn.com/2015/06/15/news/economy/trickle-down-theory-wrong-imf/
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5 RepliesIt doesn't because nothing trickles down past the 1%. Just ask Trump.
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