That’s fair, but ‘can’ doesn’t always mean it will, and I imagine most of these cases come down to politics?
What if Paxton loses? Also are you saying that everyone with lets say > $100 million is personally spending more money that will harm the economy rather than just regular spending which helps it?
Not taxing them in hopes they will spend more is wrong, but the do spend.
And not everyone is as bad as Musk when it comes to this and there are counterparts to him supporting the other side in similar (but maybe not as much) ways.
in case you were reading and already replying to what I wrote, i made a meaningful edit with net negative/very little. My bad on that one. Sorry if I put you down the wrong path on a reply!
Trickle down as a reason to lower taxes doesnt work.
It doesn’t mean that things still dont go down.
This isnt about should we or should we not tax them. Yes we should tax them.
no i’m saying money isnt some magical positive in the economic sheet, not all expenditure is the same
money spent can actually hurt economies
ie lobbying for tariffs is the classic example
That’s fair, but ‘can’ doesn’t always mean it will, and I imagine most of these cases come down to politics?
What if Paxton loses? Also are you saying that everyone with lets say > $100 million is personally spending more money that will harm the economy rather than just regular spending which helps it?
Not taxing them in hopes they will spend more is wrong, but the do spend.
And not everyone is as bad as Musk when it comes to this and there are counterparts to him supporting the other side in similar (but maybe not as much) ways.
again decades of study on this topic
not new, outliers im sure exist but as a rule bad
rather we just eat them to be sure
Decades on trickle down economics as a reason to keep taxes low yes.
Decades of studies on how much people spend in general with no relation or links to their taxes?
im confused on the separation here
im talking about trickledown as again part of the individual billionaire but its just one way they distort markets
in case you were reading and already replying to what I wrote, i made a meaningful edit with net negative/very little. My bad on that one. Sorry if I put you down the wrong path on a reply!