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I've never understood that argument. If anything, it's the other way around: Reduce taxes on the middle class so they buy more cars and iPhones. Reducing tax on

I've never understood that argument. If anything, it's the other way around: Reduce taxes on the middle class so they buy more cars and iPhones. Reducing tax on corporations and the wealthy doesn't do much. Is a rich person going to buy another car if you reduce their taxes?

artsrc 14y ago
There are numerous attempts to measure marginal propensity to spend. They agree that people on lower incomes have a high marginal propensity to spend, and a lower marginal propensity to save.
VMG 14y ago
Corporation != rich person