The Gospel of Supply Side Jesus

Alex · 06-05-2006, 02:02 PM

Unfortunately, as a political football supply side economics has come to mean simply 'tax cuts' and the idea that some tax cuts can spur further economic growth which will still produce similar or higher tax revenues than without the tax
cuts.

Which is an idea with some (but limited) merit but which over time has come to be the idea that cutting any tax by any size will have the same impact. This is nonsense.

06-05-2006, 02:02 PM	#27
Alex . Join Date: Feb 2005 Posts: 13,354	Unfortunately, as a political football supply side economics has come to mean simply 'tax cuts' and the idea that some tax cuts can spur further economic growth which will still produce similar or higher tax revenues than without the tax cuts. Which is an idea with some (but limited) merit but which over time has come to be the idea that cutting any tax by any size will have the same impact. This is nonsense.
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