So when those tax cuts were sold to us as stimulative you knew better? All the more reason to drop the shit. Many years now we have done much to save the wealthy on their tax bills all in the name of economic stimulus and job creation, if some other government program had added to the deficit and accomplished so little you would hate it.
Exactly right.
And it didn't happen.
What did happen was economic collapse, wage stagnation..
And the rich got a heck of alot richer.
As I just proved to you with case studies of 4 American Presidents - it happened everytime it has been tried.
But you are such a pathetic ideologue you can't swallow the truth.
LOL
Read up on what Gladstone did in England over 100 years ago:
'Gladstone helped abolish more than 1,000 about 95% of Britains tariffs. Then in 1865, Gladstone brought the income tax down to an astonishing 1.66%. The British income tax had been 10% during the Napoleonic Wars and 6.6% during the Crimean War.
What was the secret of Gladstones extraordinary tax cuts? As the Austrian economist Joseph Schumpeter explained, in Gladstones view the most important thing was to remove fiscal obstructions to private activity. It was necessary to keep public expenditure low
this means the reduction of the functions of the state to a minimum.
The more Gladstone cut the cost of government, the more people prospered. In 1859, British imports were £179 million, and exports were £155 million. A decade later, British imports soared to £279 million, while exports hit £237 million. Historian Asa Briggs hailed this as an age of improvement and noted how Gladstone took pains to emphasize the effect of taxation not only on enjoyment but on employment. Economic historian Charles More added, The improved living standards of manual workers were paralleled by improved living standards for the middle class and the very rich.
Two Of The All-Time Greatest Successes In Cutting Taxes And Spending - Forbes
Educate yourself, swallow.
THEN post.