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PLEASE STOP QUOTING SHEMP
We're past that now. Yes, cutting taxes on people who will spend the money (read: low income people) does stimulate the economy.
Now can anyone explain to me how cutting capital gains taxes or cutting income taxes for wealthy small business owners "creates jobs"?
This is what republicans are arguing the stimulus bill should be about. Let's cut taxes for investors and small business owners because that will "create jobs"....I fail to see the correlation.
For whatever reason, the republicans are actually against the tax rebates to low income workers.
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