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Originally posted by Gattigap
Ah, hope. Eternal hope.
It also means what he actually said -- that the tax cuts brought in less revenue than the prior tax rate structure would've brought in over the last 6 years.
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If the tax cuts brought in any growth they will eventually pay for themsevles. Do you understand that. The Supply Side argument is bogus if the tax cuts bring in absolutely no growth. Some, but very few economists, argue that. But once you admit that the tax cut brought in growth then you have agreed the tax cut work. This is basic math. It is not that complicated.
Quote:
Originally posted by Gattigap
Careful, Spanky. Bush would like to agree with you more than anyone else, yet even Bush has proclaimed that in the long run, we're all dead.
etft -- t.s.
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The Supply Side argument is that tax cuts bring growth. The anti supply side argument is that tax cuts don't lead to growth. Once you have agreed with the first sentence the argument is over.
