@Leon Said 
https://in.reuters.com/article/2012/08/07/us-usa-campaign-obama-robinhood-idINBRE87603320120807
To be honest, I don't know why people think that
trickle down economics is the golden solution to a robust economy. It does give corporations more profit, yes, but there is no guarantee it will result in more hires rather than just a pocketing of the money, especially now that they have seen how much they can profit without the hires the past few years.
But either way, eliminating tax breaks to the poor and middle class will only ensure smaller corporate profits due to less spending money coming from the consumer base, probably nullifying the corporate tax breaks at best and creating another recession at worst, likely resulting somewhere in between. Do we really need this?
But what do I know, as I'm no economist. Just my two cents.
This talking point was echoing all over the socialist/liberal media blogosphere. Of course, as usual, it bogus by at least 9 ways to next weekend.
I'm very happy with Romney as Robin Hood, who, btw, robbed from the rich (Sheriff/government) to give the taxes back to the people made poor by his pillage.
NOBODY pays taxes but the individual. Corporate/business taxes, as some have already pointed out, just route the money through different channels so the liberals can demagogue conservatives and class/wealth envy, and so they can pander to the economically dumbed-down (courtesy of our fine government schools).
It's obvious that a significant number of people would rather stick it to the wealthy than try to become wealthy themselves. A rising tide lifts all boats, unless people are jumping out of their canoes to drill holes in the yachts.
Aug 08, 2012 @ 11:02:06
