The deadly Supply Side Wreckanomics Always strikes again

[merrill]

The deadly Supply Side Wreckanomics strikes again ....... big bank failures, USA jobs going to communists and fascist dictators, home loan scams putting millions out of work and 24/7 tax breaks for the wealthy and corporate welfare which does not translate into economic growth ===== it does stick taxpayers with the Supply Side Wreckanomic bailouts.....

Arthur Laffer's Anti-Stimulus Curve Ball is a Foul | TIME.com

Time Magazine
https://business.time.com/2012/08/09/ar ... is-a-foul/
Aug 9, 2012 — In other words, Laffer is getting laughed off the economic stage. In his WSJ piece, Laffer sets out a simple enough argument: In the current

 

[whitehall]

What's the opposite of tax breaks for the wealthy? Socialism?

 

[EMH]

Supply side is cutting taxes AND SPENDING.

That was done in the 1990s, and the result was a booming economy, a budget surplus, and low end wage inflation.

W did not do that. W cut taxes and MASSIVELY INCREASED GOVERNMENT SPENDING ACROSS THE BOARD. The result of that was a depression and President homO...

 

[merrill]

What's the opposite of tax breaks for the wealthy? Socialism?

Socialism works for everyone it also works for capitalism BECAUSE it keeps money flowing from
all walks of life. Socialism is not free all taxpayers make a contribution thus all taxpayers deserve to get some back say twice a year.

Tax breaks for the wealthy and big corporations never
pays back. Rich people sit on the money instead of
circulating the money to help keep all employed which
pays back throughout the economy.

 

[Donald H]

Supply side is cutting taxes AND SPENDING.

That was done in the 1990s, and the result was a booming economy, a budget surplus, and low end wage inflation.

W did not do that. W cut taxes and MASSIVELY INCREASED GOVERNMENT SPENDING ACROSS THE BOARD. The result of that was a depression and President homO...

True enough but point A on the Laffer curve proved to be close to 80% taxation, at which taxing less brought in more revenue to government.

 

[The Sage of Main Street]

Socialism works for everyone it also works for capitalism BECAUSE it keeps money flowing from
all walks of life. Socialism is not free all taxpayers make a contribution thus all taxpayers deserve to get some back say twice a year.

Tax breaks for the wealthy and big corporations never
pays back. Rich people sit on the money instead of
circulating the money to help keep all employed which
pays back throughout the economy.

Hereditary Power Is the True Outline of History

The biggest tax break of all, which Preppy Progressives never get upset about, is allowing any inheritance over $100,000. Limiting that, and completely abolishing trust funds, would get rid of the need for any other taxes.