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Dawson Leery

(19,348 posts)
Sat Nov 18, 2017, 08:03 PM Nov 2017

Supply-Side Tax Cuts are a political strategy, not economic policy.

https://www.bunkhistory.org/resources/1407?related=1213&relationship_name=ANOTHER%20ANGLE

"Some Republicans have gotten so cocky about their supply side political strategy that they flirt with discarding their rhetorical concern about deficits altogether. As Mark Walker, Republican of North Carolina and chairman of the Republican Study Committee explained, deficits are a “great talking point when you have an administration that’s Democrat-led.” Today? “It’s a little different now that Republicans have both houses and the administration.”

The verdict is essentially in on supply-side tax cuts – they don’t pay for themselves, and the economic benefits they offer skew heavily toward the top of the income distribution. The deficits they create, meanwhile, consistently put “fiscally responsible” Democrats on the defense, forcing them to make difficult choices between valued social programs and in doing, dividing their base. At the same time, Republicans deliver gratuitous tax cuts for their own base."
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Supply-Side Tax Cuts are a political strategy, not economic policy. (Original Post) Dawson Leery Nov 2017 OP
faith based ekonomikks. believe in saint ronny. pansypoo53219 Nov 2017 #1
Tax cuts for the rich do not work Gothmog Nov 2017 #2
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