• NotMyOldRedditName@lemmy.world
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    7 days ago

    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.

    • baines@lemmy.cafe
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      7 days ago

      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

      • NotMyOldRedditName@lemmy.world
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        7 days ago

        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?

        • baines@lemmy.cafe
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          7 days ago

          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

          • NotMyOldRedditName@lemmy.world
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            7 days ago

            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!