Evaluating Tax Cuts - Third Superpower

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Evaluating Tax Cuts

Authored by Michael Pate on August 4th, 2003 at 5:37 PM

Tax cuts can stimulate the economy: Right on, but why not provide tax cuts only to the middle class and poor. They are the ones who kept the wheels on this economy after the stock market crashed by continuing to spend money (DEMAND). The wealthy sheltered their money in bonds, etc. - John Andrew

But, if Dean thinks a temporary, progressive tax cut during a recession is a bad idea, he hasn’t explained why. - Jonathan Chait

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