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You’re describing targeted tax breaks and incentives as industrial development policy, which can work. I’m talking about broad tax cuts for the rich, including
by api 2y ago
You’re describing targeted tax breaks and incentives as industrial development policy, which can work. I’m talking about broad tax cuts for the rich, including those in areas that do not have such problems.
These tax cuts are apparently to be paid for by deficit spending, which is insane. There is no way you could cut enough from the US budget to pay for them without winding down the entire US military and cutting things like Medicare and social security that people have paid into their entire lives. That’s wrong, and will cause riots.