Quote:
Originally Posted by Azure
Closer to 42% actually.
Tax cuts are a different story though. I'm strictly talking about government investment in a variety of different projects designed to directly create jobs.
I'm not even sure that tax cuts were the right move. During a time of recession people are notorious for saving money. Companies do it even more, i.e. the $1.3 trillion in cash that they're sitting on.
Sure, it gives consumers in a break, and in theory I like the idea of a tax cut to power the economy, but I don't think a stimulant planned designed around cutting taxes to 'repower' the American economy would work.
The US tax laws need readjusting, not constant cutting/adding.
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I guess that after reading your many posts I'm still confused what you would do, specifically.