Yes, and your point? 50% of American families or individual wage earners rent or don't own a home. why didn't they benefit from the Bush tax cuts?Kushinator;1062063870]One of the most tax advantageous activities is owning a home! So bring on your evidence to the contrary!
Aw, so now you move the goalposts, so it is now non home owners didn't benefit as much as home owners from the Bush tax cuts? Spendable income increases with tax cuts and that affects human behavior thus economic growth.Not necessarily. It's just that they did not benefit nearly as much as those people who owned homes and had a short (but immense) wealth effect. You know, the types that typically take 20 years. Only this one occurred in a matter of 3.
Please respond to my posts individually in the future, otherwise, i will no longer respond to any of your posts. Thanks in advance.