infinity ag said:
BusterAg said:
infinity ag said:
Im Gipper said:
I think it should just go to CEO's
They are the drivers of this economy and country, both morally and fiscally.
That is what Reagan did with his brain-dead idea of trickle down economics.
Empty spear throwing and name calling.
What was the worst part of trickle-down economics? What was the worst policy decision Regan made in that regard. Where was he wrong?
Do you agree that it was a good idea to reduce the top marginal income tax rate in 1979?
Because that and killing inflation were pretty good economic policies.
I didn't call Reagan names. The name calling was for his his economy policy.
The worse part of trickle down economics is to give tax breaks to corps and to trust them enough that they will invest it back in a way that will create jobs and help the poor/middle classes. That did not happen to the level promised.
Trust anyone is a bad idea. You have to create regulations and penalize people for not following them. We had lax rules for H1B so we have situations where Indian companies file up to 80 H1B petitions for a single person. Trust no one.
We aren't talking about H1B's. Don't derail.
Do you think that lowering the highest marginal personal income tax rate from the highs in 1970's was good or bad policy, or completely irrelevant?
As for how much US companies invested in themselves, how would you go about measuring that? Do you have a statistic that you would like to recommend? I'm interested in the data that you are relying on to come to your conclusion.
It takes a special kind of brainwashed useful idiot to politically defend government fraud, waste, and abuse.