Ideally the impetus to cut taxes would be as a response to a recession to get the economy moving. Im not advocating cuts for cuts sake.
Ideally the impetus to cut taxes would be as a response to a recession to get the economy moving. Im not advocating cuts for cuts sake.
Lauchs@lemmy.world 1 day ago
Ahhhh, gotchya, sorry missed that!
Though, I think tax cuts are fine to spur demand (especially targeted at lower income levels) though I’m a little hesitant about cutting spending. I’m in the camp that feels deficit spending is okay, maybe even desirable for things like recessions and wars. Spending cuts usually act as a drag on growth so if your goal is to heat up an economy, cutting taxes AND spending seems counter productive…