Taxes and cuts

Posted12/25/2017 1:00 AM

Well, the party of "trickle down" economics has passed their new tax bill. According to this economic theory, "trickle down" tax cuts pay for themselves. The rich get more money. They then create new jobs. With the new jobs, the government gets more tax revenue so there's no new debt.

So if that's true, then why is it that the "trickle down" economics folks are already talking about making cuts in other areas to pay for these new tax cuts.

So correct me if I'm wrong. Both of the above can't be true. Either one is incorrect, or the other is incorrect.

For me it's simple. I will do everything in my power to insure that those pushing the two above ideas never get elected to any office ever again.

Walter O'Brien


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