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Wed Aug 12, 2020, 09:16 PM

John Harwood: Trump turns supply-side fantasy up to 11







Trump turns supply-side fantasy up to 11 by claiming he could eliminate payroll tax and finance Social Security through surge of general tax revenues produced by economic growth

this would be a toxic political argument if anyone took the presidentís words seriously


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Reply John Harwood: Trump turns supply-side fantasy up to 11 (Original post)
highplainsdem Aug 12 OP
underpants Aug 12 #1
yonder Aug 12 #2
Claustrum Aug 12 #3

Response to highplainsdem (Original post)

Wed Aug 12, 2020, 09:20 PM

1. This reminds me of salesmen's compensation

Very often salesmen are paid commission on the sale not on actual profit. The idea here is just to encourage them to sell sell sell. Itís funny how theyíll promise anything regardless of the actual outcome.

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Response to highplainsdem (Original post)

Wed Aug 12, 2020, 09:44 PM

2. "...surge of tax revenues produced by economic growth"

What a novel concept, why hasn't that been tried before?


If needed, here it is:

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Response to highplainsdem (Original post)

Wed Aug 12, 2020, 11:04 PM

3. errrr did the tax cut pay for itself yet?

So on top of that, it will now pay for ss any day now?

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