Pro-Growth Tax Cuts Reduce Burden On the Rich. Trump's Didn't

There’s little to no growth in tax cuts for middle and poor earners. It’s sad something so obvious requires stating, but the obvious requires stating in modern times as supply-siders unwittingly embrace Keynesian theory.

We see the above first and foremost in the belief expressed by supply-side types that government spending is inflationary. Government spending is a massive tax as all forms of centralized control of resources are, but it logically couldn’t cause prices to rise via “excess demand” as supply siders now claim.

 

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