Reply #20: Tax cuts stimulate the economy [View All]

[Qutzupalotl]

Bull. They might help Neiman-Marcus and Lexus, but not much else. The rich aren't launching new businesses and hiring new workers. It's voodoo economics, as Bush's father once said. Trickle down. Didn't work in the 80's, isn't working now. How does that quote go? "Doing the same thing and expecting different results is the definition of insanity."

The federal government has shifted the burden of supporting public schools to the states. The states are unable to pass a tax increase, leaving the schools strapped.

Tax cuts and loopholes for corporations are even worse. Corporations make their stock price go up by laying off workers, who are now doing the jobs of two or three people--making "productivity" go up, at least on paper. The less that corporations pay in taxes, the more us insignificant people have to pay.

I'd like to see Grover Norquist's ego shrunk down so small that he drowns himself in the bathtub.