Tips Tax Cuts On Business Income Aggregate Demand
It is amazing really, that The Obama Administration has kept one of their very important promises. Barack Obama promised there would be no new tax cuts for the rich, and there really haven’t been any. In fact there have been no significant tax cuts for anyone. Most of the poor folks never paid any taxes anyway, and I’m specifically talking about tax cuts on business income aggregate demand. Right now 50% of Americans don’t pay any income tax. And yet they collect a lot of social services and benefits from the federal government which are actually paid for by …