Fiscal Policy In The US Essay -- essays papers

Fiscal Policy In The USReal plans for current people. This was the coined etymon for the shrub elbow grease back in September. As far as I can see with his value cut plan in doesnt involve real people. It may just depend on your definition of the term, but the real people of America are the middle class, wicked working families. Bushs tax plan is now said to be $1.6 trillion over a ten year period of time. well-nigh of this specie get out go to the upper brackets, the better off. Granted they do pay the most money, but then when you think about it, wherefore do they indispensableness the cut? Can they not afford to pay their taxes?In this scotch time of a feared recession our government should be doing everything in their power to bar this situation. Having a prolonged tax cut does nothing to help the economy now. By the time the money is prone back we and more than likely to watch already succeeded this economic down low. The economist will tell you the in order to dodge this the money must be given back now. If the money is given back earlier there is a better chance of people spending it and stimulating economic activity. When looked at by this point of stead I most definitely agree with Laura DAndrea Tyson when she said, Bush wants a large tax cut for political reasons, not economic ones.When Robert J. Barro discuses how he thinks the tax cut will stimulate investment and growth, increase incentives to work and save, and lower the amount of money Congress can spend, I generate myself d... Fiscal Policy In The US Essay -- essays papersFiscal Policy In The USReal plans for real people. This was the coined theme for the Bush campaign back in September. As far as I can see with his tax cut plan in doesnt involve real people. It may just depend on your definition of the term, but the real people of America are the middle class, hard working families. Bushs tax plan is now said to be $1.6 trillion over a ten year period of time. Most of this money will go to the upper brackets, the better off. Granted they do pay the most money, but then when you think about it, why do they need the cut? Can they not afford to pay their taxes?In this economic time of a feared recession our government should be doing everything in their power to avoid this situation. Having a prolonged tax cut does nothing to help the economy now. By the time the money is given back we and more than likely to have already succeeded this economic down low. The economist will tell you the in order to dodge this the money must be given back now. If the money is given back earlier there is a better chance of people spending it and stimulating economic activity. When looked at by this point of view I most definitely agree with Laura DAndrea Tyson when she said, Bush wants a large tax cut for political reasons, not economic ones.When Robert J. Barro discuses how he thinks the tax cut will stimulate investment and growth, increase incentives to w ork and save, and lower the amount of money Congress can spend, I find myself d...