TAX CUTS: THEOLOGY, FACTS & TOTALLY F**KED

THE MYTH


Do tax cuts stimulate the economy?

Yes. Tax cuts allow people to keep more of their own money therefore they have more to invest and spend into the economy and more money to start business and create jobs therefore also helping to stimulate the economy
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I think when people take a look back at this moment in our economic history, they'll recognize tax cuts work. They have made a difference.
George W. Bush

In 1922, a series of rate cuts began. Down to 56%, 46%, and finally, in 1925, it went down to 25%.

The stock market took off. There was a boom. But the boom was a bubble.

It was followed by the Great Crash of 1929.

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