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1. time shifting monies or deferring taxes is a decent way of stimulating the economy, it creates more available income. Available income (also for high income self employed people) is more likely to be used for like consumer goods, cars, televisions, boats and hookers.
2. Now can anyone explain to me how cutting capital gains taxes or cutting income taxes for wealthy small business owners "creates jobs"?
It creates more incentive for the small business owner to grow his business since he feels he could get a better return than putting the money in the mattress
cap gains: it creates more opportunity to invest in real estate (which is really where we need stimuli)(again a possibility to avoid paying taxes on investment is a big plus)
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