Look at this issue from an economic standpoint. The preferred Republican (and neo-liberal) method of economic investment is to give steep tax cuts to the rich (like the Bush taxes) or corporate tax cuts. These make a return to the economy of $0.30 to every tax dollar spent. On the other hand, for each dollar given in unemployment benefits and food stamps, the economy receives about $1.70 back**. So, in short, when tax breaks are given to the rich, we lose money. When they are given to poor people who need to buy stuff quickly and cannot hoard their wealth, the economy is stimulated and actually creates wealth. So, again, who are the wealth creators?
Posted on: Mon, 05 Aug 2013 02:00:30 +0000
Trending Topics
Recently Viewed Topics
© 2015