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Tax cuts and political suicide : Comments
By Everald Compton, published 11/5/2016The facts are that every tax cut has created some more billionaires, but few jobs down on Struggle Street. The trickle down effect has never ever trickled down.
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Tax cut by $1, economy stimulated by 100 cents
Tax increase by $1 economy stimulated by 60 cents.
You cannot tax your self to prosperity.
Yes I agree with infrastructure spending, but reduce the Public service to pay for it. Start with the office of Human rights, the federal education department (since schools are run by state govts)
all uni degrees in socialism and reduce the ABC.
Billions saved to go to build infrastructure.