“One economic theory has been repeated so often for so long in this country that it has become an accepted fact:
Tax cuts spur growth.
Most Americans have gotten so used to hearing this theory that they don’t even question it anymore.
One of our two Presidential candidates is so convinced of the theory that he has built his entire economic plan around it–despite the huge negative impact additional tax cuts would likely have on our debt and deficit.
But is the theory true? Do tax cuts really spur growth?
The answer appears to be “no.” ”
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