4 ms·
If there is no corresponding tax cut, there will be a recession or depression. Even if there is a tax cut, there is no guarantee that money won’t be used for ot
by 7e 2y ago
If there is no corresponding tax cut, there will be a recession or depression. Even if there is a tax cut, there is no guarantee that money won’t be used for other things (to buy assets, save, or pay down debt).
- whoisthemachine 2y agoA tax cut probably won't do a lot to help people who aren't making taxable income.
- locopati 2y agoWhy would you cut taxes when you're trying to reduce a deficit? Especially taxes on the wealthy and on corporations?
- ben_w 2y agoTo avoid a self-induced recession comparable to the covid pandemic.
- JohnTHaller 2y agoConsidering Trump and Musk are actively killing the CFPB, which was put in place after the last time the 2008 great recession, it'll likely be sooner and worse than people think.