NYcarbineer
Diamond Member
An economy needs a flow of money. If that money collects in any one place it pinches off that flow of money. Giving tax breaks on money already sitting around doing nothing will only mean more money sitting sitting doing nothing while the rest of the economy has less money to operate.
The wealth I was allowed to keep after GWB tax breaks in 2003 did not sit around
its up to about 35,000 now and I make less than 100,000, actually taxable less than 75,000
You were only allowed to keep that money because GWB decided not to pay the bills.