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CBO: Tax Cuts LEAST Stimulative for Economy

Started by The_President
over 15 years ago
Posts: 2412
Member since: Jun 2009
Discussion about
Interesting report from some shadowy organization calling itself the "Congressional Budget Office." Apparently they are not controlled by Rupert Murdoch or the Tea Party, so they have the audacity to print FACTS! And if you look at their FACTS, they found that tax cuts are the LEAST stimulative thing you can do for the economy. The most stimulative? Infastructure investment. Followed by aid to te states. Followed by tax credits for lower and middle income households. And all the way at the bottom is "reudcing income taxes in 2011." http://www.cbo.gov/ftpdocs/108xx/doc10803/01-14-Employment.pdf
Response by alanhart
over 15 years ago
Posts: 12397
Member since: Feb 2007

Another left-wing lie, given that US tax cuts are extremely stimulative for Brazil, India and China

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