" It might seem counterintuitive, but does a lower tax rate on investment create more investment? Or less?
If you desire to have X dollars in the future, you might invest less if you your return goes from 8% to 9% because of a tax cut. You invest less and spend more of your current income." -redkay
Why is this a bad thing? I end up with the same amount put away and have a couple extra bucks to spend which would further stimulate the economy.
Unless you're suggesting I can't be trusted to manage my own finances and will end up with less money saved because its cheaper to save?
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"Goddammit, Swearengen, I don't trust you as far as I could th'ow you, but I enjoy the way you lie."
I don't typo often, but when I do, I blame Swype.