Trickle down and big Goverment?

Discussion in 'Politics' started by Mercor, Oct 18, 2008.

  1. Specifically, Obama wants to raise taxes on income, capital gains, and dividends for families earning more than $250,000 annually. Under his plan, the top two marginal tax rates will increase from 33 to 36 percent and from 35 to 39.6 percent, while both the capital-gains tax and dividend tax will rise from 15 to 20 percent. According to the plan, the extra revenues generated by these tax increases will be redistributed to lower- and middle-income people through a hodge-podge of refundable tax credits.

    For years we hear about the failure of trickle down. Meaning, reducing taxes on the investment class does not work its way down in the form of dynamtic economic growth and more jobs.

    Yet these same people promote more federal control of wealth into one goverment entity. From there they practice their own form of trickle down, checks to the poor.

    How can trickle down fail with individuals who create wealth and work with the federal goverment that creates no wealth?
  2. It worked for Henry Ford, T-Model. Read my friend, READ
  3. ..."How?" ...he writes on the publicly funded Internet...