Quote:
Originally Posted by Baraka_Guru
Do you think Obama and his team haven't already thought of that? Maybe they're banking on the idea that people will reduce their taxable income by investing into the economy. Maybe that's a part of his plan to bolster the economy: more money in the hands of the middle class and more investment in the national economy by the wealthy avoiding increased taxes.
It's all about incentives.
I dunno. I just thought of that.
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You know, my knowledge of real economic issues and theories is nothing compared to many around here, let alone in the world at-large. However, isn't assuming that the wealthy will invest their money in the economy the definition of trickle-down economics, which so many seem to disagree with?
Obviously I could be misunderstanding this, so if I am, please be kind