Re: [ANSI] Trump or Harris?
By: halian to Denn on Fri Aug 09 2024 05:22 pm
False. Trump's tax cuts disproportionately negatively affected the lower & middle class, with the bottom 60 percent of households receiving an average tax cut of $500 in 2025 under them, compared to more than $60k for the top 1 percent. His tax cuts, on top of Bush's from 2001 and 2003 (most of which were made permanent in 2012), have eroded the US' revenue base from 19.5% of GDP at the turn of the XXI c. to 16.3% in the years immediately following them.
I think a classical conservative would consider that effect a success. I'd rather have the population administrate that 3.2% difference of the GDP than a government known not to represent the will of the people (and yes, there is some study that shows the federal government is consistently bad at taking actions the population wants, which is very bad when you consider the government is supposed to represent the will of the people).
Also, if you live in the real world, trickle down is totally a thing. It is not as beautiful as politicians paint it, but I can guarantee you it is much easier to make a living selling stuff as a minorist when people with more money than you have more disposable income.
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