re: #290 Aceofwhat?
what theory?
because Pigovian taxation effects are as real as apple pie. unless that’s not the theory you mean…
in the 90s, clinton raised taxes significantly, and republican theorists predicted economic disaster. in fact, the 90s saw a powerful economic expansion
in the 00s, bush passed a significant tax cut in order to “stimulate the economy”, but in fact the economy of the 00s was lukewarm at best
QED, the theory of ‘taxes up, economy down - taxes down, economy up’ has been shown to be false
[x]