3 ms·

(1) Nonsense. (2) Trickle down economics doesn't work. I would also like to add that a luxury tax is very different than taxing rich people. I am not a fan of

• Spivak 10y ago
  In response to (2) pretend that we weren't talking about wealthy people exclusively. If we were arguing about putting money in the hands of individuals to grow demand would you still disagree?
• paulddraper 10y ago
  > Trickle down economics doesn't work. Trickle up economics (is that what you call a luxury tax?) doesn't work. > August 1993, the Congress decided to eliminate the “luxury tax” since it did not achieve its main objective...According to the tax's critics, these revenues were disappointing and unsatisfactory and also negatively impacted the incomes of the sellers of the luxury items.
  • muninn_ 10y ago
    Yes the luxury tax is foolish. I Made that comment