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jerrykelt's comments:

on Tax and Stimulate

I keep hearing that tax cuts will stimulate the economy. I have to say that this is the lamest excuse I have ever heard. Investing in the economy by hiring new employees and creating new businesses are both deductible. The only thing that gets taxed is the money that is kept. This country is home to half the world's billionaires. Obviously the tax rate is not prohibitively high. To those whom much is given much is expected. Why is the group most capable of supporting the society that gave them the opportunities in which they succeeded not more obligated to support it? The last time I checked $50 million jets and houses were not a significant part of the economy.

posted 4 years, 3 months ago
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