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Friday, September 17, 2010

RE: Bush Tax Cuts

Let us assume that you are correct about the choice that the business owner will make. Doesn't this make you doubt the efficacy of trickle down economics for improving the condition of non-business owning, working-class Americans? Assuming that the business owner is already operating with employees that he can live without, would providing him with additional tax breaks cause him to hire new employees? Perhaps the business owner will just use the extra money to pay off his yacht.

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