Re: Obama Understands Economics in Spite of Himself
"Karl Swenson" <[email protected]>
| Newsgroups | gmane.music.dadl.ot |
|---|---|
| Message-ID | <000e01cb9a49$c3c9bf20$4b5d3d60$@com> |
Which will likely raise prices and thus reduce revenue on the consumer end? -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Bruce Geerdes Sent: Sunday, December 12, 2010 1:52 PM To: DADL (off topic) Subject: Re: [DADL-OT] Obama Understands Economics in Spite of Himself > Did you catch that? "[T]o lower rates and raise revenues." It is the reality of that negative correlation - and not a desire to comfort the rich at the expense of the poor - that lies behind the proposal to keep the Bush tax cuts in place on higher incomes. Not necessarily. Another way, and the way I understood that they are pursuing, is to lower rates but take away a lot of current deductions and loopholes, thus raising revenue. -- dadl-ot mailing list http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us http://news.gmane.org/gmane.music.dadl.ot -- dadl-ot mailing list http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us http://news.gmane.org/gmane.music.dadl.ot