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Old 09-17-2012, 08:47 PM
Thepaindispenser Thepaindispenser is offline
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Join Date: Aug 2012
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We don't live in a vacuum, tax cuts and increases are just one of many factors that need to be taken in context. Clinton's growth was an Internet bubble economy. Something tells me the bursting of the internet fake economy bubble, 9/11, and the housing crisis had a lot more to do with the declining economy than tax cuts. That chart only goes back to 1990. What about JFK's and Reagan's tax cuts? What about that today's economy is a true global economy that has never been seen before where capital and labor can easily be shifted to tax friendlier nations? How does raising taxes stimulate growth?
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