let's go back to pre-Bush tax cuts.
That way, we ALL get to share, not just the one per-centers.
And we end the extension of UE thereby making it worthwhile to see employment, rather than UNemployment.
After a few months, then suggest Congress take a look at a new flat tax and a new way to subsidize employment RATHER THAN pay UNemployment.
See how that works?
They won't look at a flat tax, they are in the process of becoming one percenters themselves. You know how much money is spent on gaining a Congressional seat. They don't do it to be Patriots.
Austerity cuts work this way. First you cut, then you figure out how to cut expenses.
If your household is underwater, you cut to stop the bleeding. Then when to want to add back things you feel you need, you find ways to add.You also find ways to possibly increase income. But first, stop the bleeding.
BTW,once business see what they're in store for, uncertainty disappears.
They go back to doing business.
They go back to hiring.
The cycle turns.
Then, the "household" has more money to do with.
It's not trickle down,it's trickle up.
It would be to your benefit to read the Grace Commission report. Income taxes extracted under threat of violence do not go to run the government. Instead it's the mechanism to pay the international gangbanksters the usury they charge for creating money out of nothing and the other bondholders....if there's anything left after that, it goes to "transfer payments", which through the same threat of violence government takes your money and gives it to others they deem more worthy of it.
They put the income tax in place in preparation for the Federal Reserve Act, all in 1913. Congressman McFadden stood in the well of the House and asked his contemporaries to consider how they were going to explain the income tax to the people back home when the government had a surplus.