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View Diary: Occupy the tax code: why taxing the rich will make the economy soar (79 comments)

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  •  The way to increase gross investment (3+ / 0-)
    Recommended by:
    elwior, kyril, Kickemout

    is to increase demand. I.e., increase spending. No business will expand unless they see a need to. They're not in it for charity.

    We are all in the same boat on a stormy sea, and we owe each other a terrible loyalty. -- G.K. Chesterton

    by Keith Pickering on Fri Dec 30, 2011 at 03:44:47 PM PST

    [ Parent ]

    •  true (0+ / 0-)

      and right now probably the best form of spending is on basic infrastructure and public services. I didn't follow the part your argument about why that sort of governmen spending isn't better in the long run than say spending on individual goods by people making upper-middle incomes.

      Michael Weissman UID 197542

      by docmidwest on Fri Dec 30, 2011 at 05:21:34 PM PST

      [ Parent ]

      •  I didn't say it was ... (1+ / 0-)
        Recommended by:
        elwior

        Though it might be, especially considering our infrastructure is in sad shape. Japan tried to infrastructure-spend its way out of the 1990's slump, but since their infrastructure was already pretty new, they just ended up building bridges to nowhere.

        But really, that's a fairly small detail, IMHO. Let's just get us moving forward first, and worry about the speedometer reading later.

        We are all in the same boat on a stormy sea, and we owe each other a terrible loyalty. -- G.K. Chesterton

        by Keith Pickering on Fri Dec 30, 2011 at 05:40:30 PM PST

        [ Parent ]

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