Aren't you talking about the same group of people there? I didn't realize only Buffett and Soros and his pals owned stocks.
a conclusion reflected in papers issued by both the Congressional Budget Office and the Treasury Department.
There's a hell of a source for you.
But the claim was made that a cut in corporate taxes would result in a reduction in the prices that corporations charge. And the paper notes that corporations are more likely to direct the cost savings to things that improve their stock and bond prices. That may benefit individuals who own those investments, no doubt about that. But it does nothing to help the individual buying their goods. The corporate tax cut Cain proposes will help businesses and investors an a number of ways. It will not result in large scale reductions in the price we pay for goods on a daily basis.
There's a hell of a source for you.
Then by all means please direct me to studies that show that reductions in corporate tax rates result in price reductions for consumers. Europe went through a whole rash of tax reductions in the last decade - Ireland alone slashed their rates by 50%. Surely you can find evidence that such reductions resulted in price reductions can't you?
ping to #273.