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Originally Posted by justabubba
nice attempts to change the topic folks ... the economy is going down the toilet. car repos are just a recent added indicator
of course the right wing crazies will continue to chant the mantra "tax cut" as the solution to any problem we face. that tax cut for the rich is what ties this to your boy, the shrub
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Cutting taxes stimulates the economy because people who have been waiting to invest in something or buy something when it previously would not have been worth it because of the taxes go out and invest and spend.
I can't see why liberals continue to deny history. When Clinton increased the capital gains tax early in his presidency, government revenues went down. When he decreased the capital gains tax, government revenues went up. When Bush cut the capital gains tax, government revenues went up. The Democrats know this. Proof, skip to 3:40.