Quote:
Originally Posted by RainMaker
Isn't this what we have? Businesses don't pay taxes and are above the law. How much more can you give them?
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Yeah, I would say it is what we have. It's also why we have less than 4% unemployment and very strong GDP growth over the past 6-7 years. That doesn't mean everyone is doing great, but it does mean we have a strong economy.
Quote:
Originally Posted by stevew
Poor people get money and spend it on goods and services which directly stimulate jobs/businesses.
Businesses get tax cuts, buy back their own stocks and pay out bonuses. This impacts virtually nothing other than padding the accounts of stockholders.
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Over 50% of Americans are "stockholders" in some fashion. So, the market increasing helps their bottom line. Also, increase money to businesses means more job creation, more spending on R&D and eventually more competition in the marketplace. Both of your examples above help the economy.