A massive tax cut for the wealthy will crash the economy

[ProfessorPlum]

It always does. If we don't take money away from those at the top and re-circulate it through people at the bottom and middle (who end up trading it for goods and services to those at the top again), then that money just stagnates, disappears from the economy, or is used to blow up investment bubbles that also crash and wreck the economy.

[Nay]

1. That's the ultimate aim of this bunch. They can use their money to buy our land, etc., out

from under us (I'm including public lands in this statement), and to drive most of us to penury and homelessness. Which will result in widespread death, but that's OK with them, too. They know the environmental reckoning is coming and population reduction is a good thing.

[ProudMNDemocrat]

2. According to Republicans, the RICH pay too much in taxes.....

while the Poor and Middle Class pay way too little.

So what is the answer? Take away the buying power of the Poor and Middle Class. Take away the tax deductions as well and redistribute the money to the top from the bottom, and stow that money overseas in Tax Havens to AVOID paying taxes. Works every time. Just ask Reagan economic holdovers and George W. Bush.

[haveahart]

3. That's what they want. The "economy" is for working dolts like us. "Wealth" is for the non-working

non-earned income people who will have their wealth no matter what the economy does. They don't care if people don't have jobs, don't have healthcare, don't have money. In fact, they go out of their way to make sure they don't. The 1% will never go broke so they don't really give a damn. A bad economy only gets in the way of their greed, not their wealth.

[ProfessorPlum]

7. that's true

[HughBeaumont]

4. Wait until the mass firings start to happen, just as they did after Bewsh II's first tax cut.

There's never been a time in modern history when mass firings following a tax cut DIDN'T happen.

You're giving corporations and the wealthy all this free money without them having to put back in their businesses or hire workers? They're taking that deal ALL day long. And these idiot Reagan-fellating asshole Schtroumpf voters fall for this Laffer-lympics Snake Oil every SINGLE time!!

[kacekwl]

5. Just for you and me.

They will be fine. Will also make it easier to privateers to come in a take over.

[Willie Pep]

6. More speculation will result.

Then another crash. Then people will sit around scratching their heads asking "why did this happen?" and nothing will change because the Republicans will try to blame some weak, unpopular group like they did during the last recession when they tried to pin the blame on minority homeowners and sadly millions of Americans will agree with them.