Well now...what do we have here?
Tax cuts are stimulative?
Of course they are, as history has proven over and over again. Now, not the kind of tax "credit" that obama put in his Failed Stimulus, that netted the average recipient $13 dollar a week.
Reagan's tax cuts, Bush's tax cuts BOTH resulted in increased revenues to the Treasury, which means more people were paying taxes, which means more people were working, which means more businesses were hiring.
Bernanke Says Extending Bush's Tax Cuts Would Maintain Economic Stimulus - Bloomberg
Quote:
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Bernanke Says Extending Bush's Tax Cuts Would Maintain Economic Stimulus
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This is the LAST thing obama/pelosi/reid wanted to hear.
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