Kansas GOP State Senator asks Congress to learn from Kansas while cutting taxes (user search)
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  Kansas GOP State Senator asks Congress to learn from Kansas while cutting taxes (search mode)
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Author Topic: Kansas GOP State Senator asks Congress to learn from Kansas while cutting taxes  (Read 530 times)
Kingpoleon
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« on: October 22, 2017, 08:38:21 PM »

If Republicans cut taxes and raise spending, it’s “reckless spending or mindless Keynesianism” at best. If they cut spending and raise taxes, it’s “heartless/murderous austerity”.
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Kingpoleon
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Posts: 22,144
United States


« Reply #1 on: October 22, 2017, 10:47:19 PM »

If Republicans cut taxes and raise spending, it’s “reckless spending or mindless Keynesianism” at best. If they cut spending and raise taxes, it’s “heartless/murderous austerity”.

Or maybe supply-side policies are unwarranted in an environment of low inflation, low unemployment and steady GDP growth.

Sure, tax cuts right now doesn’t sound like a good idea. But if they went for an across the board tax hike of 5%, raising Medicare/Social Security eligibility to 70, cutting welfare(besides SNAP/HUD) by 20%, and a federal VAT of 5-10%, the left would go crazy. It would be too complex for most to argue beyond “Balancing the budget shouldn’t require cutting funds to the poor and elderly.”
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