View Poll Results: Doesn't a middle class tax cut also benefit the rich?

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Thread: Doesn't a middle class tax cut also benefit the the Rich?

  1. #1
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    Doesn't a middle class tax cut also benefit the the Rich?

    Doesn't a middle class tax cut (AGI up to $250K) also benefit the the Rich?

    Options:

    Yes
    No
    I don't know.


  2. #2
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    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by pbrauer View Post
    Doesn't a middle class tax cut (AGI up to $250K) also benefit the the Rich?

    Options:

    Yes
    No
    I don't know.
    I'll vote Yes when the poll posts.

    I figure it's Trickle-Up Economics. ;-)
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by MaggieD View Post
    I'll vote Yes when the poll posts.

    I figure it's Trickle-Up Economics. ;-)
    Yup. I'm all in favor of that.

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    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Theoretically speaking, there are no tax cuts that hurt anyone within reason. So yes, the "rich" would benefit from a middle-class tax cut just like the middle-class would benefit from a rich tax cut.

    The only difference is the size of the externality involved.

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    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by Gipper View Post
    Theoretically speaking, there are no tax cuts that hurt anyone within reason. So yes, the "rich" would benefit from a middle-class tax cut just like the middle-class would benefit from a rich tax cut.

    The only difference is the size of the externality involved.
    Care to identify the externality?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Doesn't a middle class tax cut also benefit the the Rich?

    In some ways it hurts the rich. The middle class supply most of the votes in this country and use most of the government resources. Giving them a tax break leads to the middle class believing they can continue to support reckless spending politicians because their taxes won't be raised.



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    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by TurtleDude View Post
    In some ways it hurts the rich. The middle class supply most of the votes in this country and use most of the government resources. Giving them a tax break leads to the middle class believing they can continue to support reckless spending politicians because their taxes won't be raised.
    Interesting. Giving tax cuts to the wealthy does not create a signal that they can continue to support reckless spending? How convenient.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by TurtleDude View Post
    In some ways it hurts the rich. The middle class supply most of the votes in this country and use most of the government resources. Giving them a tax break leads to the middle class believing they can continue to support reckless spending politicians because their taxes won't be raised.
    Reckless spending like starting two wars?


  9. #9
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    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by Goldenboy219 View Post
    Interesting. Giving tax cuts to the wealthy does not create a signal that they can continue to support reckless spending? How convenient.
    the rich pay a large chunk of the money that funds the government. THey already know the high cost of government spending

    Try again



  10. #10
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    Re: Doesn't a middle class tax cut also benefit the the Rich?

    Quote Originally Posted by pbrauer View Post
    Reckless spending like starting two wars?
    The one that both parties voted for? the war on poverty which was started almost entirely by your side has cost us trillions more than the wars. and unlike wars that tend to be finite costs, the war on poverty was a malignancy that continues to cost us as the legions of dependent addicts continue to breed more dependent addicts



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