re: #7 Rightwingconspirator
And leaves out an important option-Leave the middle class tax charts alone. Raise taxes on those top 2%ers. Raise corporate taxes a bit, or close loopholes.
Remember, I attempt to keep as simple as possible.
Did you have any problem with any of the 5 scenarios or the projected probable results?
You offer another situation, but you stop at the head of the stretch, i.e., you don’t finish.
You didn’t offer a projected most probable result.
Did you understand the purpose of the original piece?
You offered: Raise taxes on those top 2%ers. Raise corporate taxes a bit
There should be a negligible effect upon demand, a negligible effect upon employment, and should have a positive effect upon the deficit.
Your scenario would affect the stock market in two ways; net earnings would be lower, but confidence in our budget situation would be improved, thus there should be a slight negative effect upon stock pricing.
If that projection is probable, do you believe that scenario to be superior to #5?
mz