Reply #65: I like to say there actually is a real "trickle down economics", but it's not the Reaganite crap...

[JHB]

...it's what we had before then, when high marginal taxes imposed a "top line" for the well-heeled to factor into their financial decisions, not just the bottom line. They had to make real investments, not siphon off huge amounts of cash all at once, to keep large chunks of it from going to Uncle Sam.

The current system encourages liquidation and speculation, not real investment.


If you want to buld an incubator, you usually need to put a top on it. It's not very efficient if it lets all the heat out.