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If we get a significant percentage of the freeloaders that do not pay income taxes, currently in the range of 46% of the US population, then those of us who do pay taxes can have our taxes reduced since more people are paying their share.
I learned years ago that I cannot continually borrow money and borrow my way to prosperity. Neither can Obama.
Read more: http://www.tfproject.org/tfp/tilted-...#ixzz0vyVr2Lw9
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Again... I hate to point out that I'm a conservative but the Reagan supply-side economics only work in healthy economies. For the last 30 years the middle and lower class have seen 0 sum in income increase... it hasn't even kept up with inflation. The top 10% have seen a 200% increase, the top 1% have seen even more. Why would you try to soak money out of people who have none to spare and not ask for more from whom are simply letting it sit in the bank?
Don't tell me it's about re-investment, every study EVER has shown the reduction in money multiplication the higher up the ladder you go. An extra $2k to those in the lower and middle class are almost immediately spent... where the extra $2k in the upper class simply sits in the bank unused.