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trotsky

(49,533 posts)

1. People who make under $250k...

Reply to ProSense (Original post)

Tue Jul 10, 2012, 08:50 AM

Jul 2012

(even those making at the very upper range of that) generally spend most of their income. That's what our economy continues to need is demand-side economics. Put more money in the hands of the spenders - business investments will follow the money, and jobs will result. Not the other way around as the supply-side liars have been telling us for 30 years.

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Highlight:

Should the tax cuts be extended? [View all] ProSense Jul 2012 OP

People who make under $250k... trotsky Jul 2012 #1

Economically, It Might be Better to End Them All On the Road Jul 2012 #2

Especially in an election year n/t Nevernose Jul 2012 #8

+1 savalez Jul 2012 #10

An across-the-board increase in taxes on 1/1/2013 would be contractionary. dawg Jul 2012 #3

End all with a caveat: ProSense Jul 2012 #4

I'm for returning to a progressive tax structure Johonny Jul 2012 #7

I love this plan - TBF Jul 2012 #9

That $250,000 cut off is way too high, RC Jul 2012 #5

Agree, especially ProSense Jul 2012 #6