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re: GOP tax document reveals plan for massive tax cuts, preserves key deductions

Posted on 9/27/17 at 11:53 am to
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 9/27/17 at 11:53 am to
quote:

90proof, you spent months on here 4 years ago arguing in favor of Romney's tax plan

i don't remember that, but i don't really doubt it either

to be honest, i bought into Paul Ryan's presence on the ticket as an endorsement of Roadmap-style long-term spending reform being part of the Romney package

although i took issue with claims that there is 0 impact on GDP growth from structural tax changes, i don't believe that i ever bought into the "tax cuts pay for themselves through faster growth" theory. spending reductions were always going to be needed
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69491 posts
Posted on 9/27/17 at 11:54 am to
Lowering public spending by a dollar in order to get a dollar increase in private spending is net 0 for economy
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