How'd that work out for us in Oct 1929?
And, given how much we've cut taxes in the last 8 years, how has that worked out for us in Oct. 2008?
The tax cuts and the Great Depression have nothing in common. It's like getting into a massive car accident and noticing that your no longer has the new car smell.
Actually this I agree with. I seriously doubt cutting taxes some extremely minor amount on the middle class is going to jumpstart the economy.
Having an extra $750 or an extra $1000 x millions of people will.
Neither do I think that raising taxes some minor amount on the wealthy is going to solve the debt crises OR jumpstart the economy, either.
Cadidly, I don't think either candidate has a plan that will actually fix the economy.
Obama is raising taxes on the rich by............................................. 3%. Look out Great Depression!