Wednesday, August 10, 2011

How will the re-institution of the "Bush tax cuts" help our nations deficit?

It won't at all! Considering around 60% of the corporate elite in American society inherit their wealth, the economy would only transgress if the tax cuts were to be reinstated. The American economy is a consumer economy that depends on the middle cl to purchase materials and would falter if the burden was shifted to the everyday American. What incentive would someone whose filthy rich invest the money from the tax-cut into their business instead of putting in their own bank?

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