3 ms·
Politically speaking, one thing pisses me off the most. > Trump added 6.7T in 4 years That debt was "paid for with tax cuts". And a lot of Republicans still t
by dragontamer 4y ago
Politically speaking, one thing pisses me off the most.
> Trump added 6.7T in 4 years
That debt was "paid for with tax cuts". And a lot of Republicans still think that cutting taxes is the best way to reduce the debt. I can almost assure you that we're going to hear more about Laffer Curves and tax cuts to solve this debt issue as the debate moves on.
Its been over 20 years, maybe over 30 years now... of this crappy argument, pretending that tax cuts improve our financial situation.
- lesuorac 4y agoYeah funny thing about the Laffer Curve is that the optimal rate is actually rather high ~70%. https://en.wikipedia.org/wiki/Laffer_curve https://en.wikipedia.org/wiki/Laffer_curve