Quote:
Originally posted by Tyrone Slothrop
If you cut taxes for the poor and middle class, the tax cuts pay for themselves eventually by promoting growth.
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Depends on where you are on the Laffer Curve. Cutting taxes ten percent when you are taxing the citizenry up to forty percent (when you combine all taxes) of their income makes sense. But isn't TaxWonk talking about cutting Federal taxes in half? Actually I don't think TaxWonk is actually proposing cutting federal taxes in half, I just don't think I understand completely what he is proposing.