Economic Stimulus: Tax Cuts vs Government Spending

[dmek25]

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

[Schneed10]

Originally Posted by dmek25

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.

[Trample the Elderly]

It really doesn't matter anymore. They're going to do what they want to do regardless. Governments never stop spending and rarely give tax cuts. So screw it. I was thinking, if you can't beat them might as well join them. Can I have a house now? Can I have a new car? I'd also like my social security and some spending money. How about another rebate. I'll promise to spend it, because I'm a good little consumer. And all of you smart people sure know how to do things better than me. Shaz-am!