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Re: Economy and that scary "R" word
Quote:
Originally Posted by Schneed10
You're getting the tax cuts and tax rebates confused. The rebate was the one-time $300 check. Which I agree, amounts to a hill of beans in the long run.
However the tax cuts have been in place all along. We're all paying less taxes every pay period, especially the wealthy, because of the tax cuts. That is the move that made such a good impact on our economy.
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How has it been good for the economy? We are spending more money than we generate. I'm no economist but my take is that you don't give a tax cut without a balanced budged and a surplus.
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