Smellin Coffee said:
sword said:
Smellin Coffee said:
Thanks for these posts, sword. You continue to prove the money is going to those who already are making money instead of targeting the majority of those who have none or struggle the most.
Employee bonuses and pay raises, by default, must go to those who are employed. When you have a tax cut it will almost always benefit those who pay taxes over those who do not. The unemployed and underemployed need good paying jobs not more handouts. Higher pay and lower unemployment is another byproduct of corporate tax cuts. Did you skip basic economics in high school? Do you want our country to be like Venezuela or Cuba?
So you make my point. The poorest don't benefit. I'm talking about disabled. I'm talking about elderly. I'm talking about children of single parents. I'm talking about what happens to foster kids when they grow out of the system.
So yes, you have proven my point. The people who need it most aren't getting it. Hence, "trickle down" is not an efficient means to help those who need it most.
How can a tax cut benefit those who pay no taxes?
Under the Reagan tax cuts the economy caught fire, and revenue to the federal government doubled.
You will see that charitable giving and government assistance expenditures also went up significantly. Those in need always do better when the economy is strong. What they need most is good paying jobs, not more handouts.