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Old 02-02-2009, 04:31 PM   #15
Schneed10
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Join Date: Feb 2005
Location: Newtown Square, PA
Age: 46
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Re: Economic Stimulus: Tax Cuts vs Government Spending

Quote:
Originally Posted by dmek25 View Post
unless alot of stiff rules and regulations follow those tax cuts, im against them. corporate greed is at an all time high. handing those C.E.O's more money, without a checks and balance system, turns into a big joke. just look at wall street, and all of the bonuses that followed the bailout
The CEO bonuses and corporate greed are kind of an unrelated issue to tax cuts, but you still make a good point. You could direct the tax cuts/rebates to the bottom 95% of earners in the country. That would keep the money out of the hands of the very rich. It's the bottom 95% who would be most likely to spend it.

The very rich (the top 5%) would be most likely to hoard the money, doing very little to kickstart the economy.
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