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To: kjam22
Actually, one can have both lower prices and greater income, at the same time, but not by taxing the economy at the same overall rate. Lower the overall tax rate and provide incentives to increase supply (the demand must not be burdened however by taxation) and the economy will grow. In a growing economy we get two things at a minimum, more supply and more income. I think there was a guy who was President once where the term "Reaganomics" was coined. Funny thing, JFK proved it also, and so has GWB, now only if we can get congress to keep the tax cuts in place.
34 posted on 09/28/2005 1:26:03 PM PDT by Final Authority
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To: Final Authority

I agree with this.... It's pretty rough on the federal deficit because we know for certain that they are not going to cut spending :).... but yeah pumping money into the system in that way will have the effect. Myself, I don't worry that much about the deficit. But I know many do...


36 posted on 09/28/2005 1:29:11 PM PDT by kjam22
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