(None of this, by the way, is stopping supply-side fanatics from arguing government needs to cut taxes on big corporations in order to spur the recovery. Their argument is absurd on its face. Big companies don’t know what to do with all their cash they have as it is. They aren’t investing it in new plant and equipment and new jobs. So why should the government cut their taxes and enlarge their cash hoards even more?)
Ah, that's the Robert B. Richhhhhhhhha that I remember.
This is where I also depart from Robert B. RiCCHCHHHCHHC on this issue. If taxes are cut across the board it not only cuts the taxes of the wealthy and large corporations it also cuts the taxers of the middle class and the working poor. Particularly if they cut the payroll taxes.
If the Congress had decided to eliminate the SS and Medicare taxes for nine months last year instead of giving trillion dollar payoff to their Democrat friends, the economy would already be advancing by leaps and bounds. The reason they would never do it is that people would find out how much government actually costs.