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Does it? Even pre-pandemic, I don’t think the massive Trump tax cut had the effect they claimed it would in employment (or much of anything else really). I coul
by bigmattystyles 5y ago
Does it? Even pre-pandemic, I don’t think the massive Trump tax cut had the effect they claimed it would in employment (or much of anything else really). I could also argue that done right, fuller government coffers yields to more government spending and, if done right, which I grant you is a big stipulation, creates many more jobs, blue collar ones too.
- mikestew 5y agoGuess my post needed sarcasm tags because it seems you're attempting to refute my point, which was that America only says it values work. But as famously pointed out by Warren Buffet that his secretary pays more in tax than he does[0], it is obvious what America really values: asset holders, not workers. [0] Buffet's secretary pays a higher rate on earned income than Buffet does on capital gains.