[vorotato]

The wealthy don't need to find loopholes, they are constructed by our lawmakers. An uneven playing field is damaging to the free market.

This is a bad thing. That money won't disappear. It'll get spent or invested (either directly or indirectly by a bank if saved)

Tax cuts are bad. Stop saying they're good. The wealthy have money to affect political decisions because they can afford lobbyists, so it's the not-so-wealthy who have a marginalized impact.

[vorotato]

Seriously your argument is that the wealthy spend money? You know who spends money even better? The government, the government literally spends all the money. By your argument we should be giving as much money to the government as possible as they will spend, or invest it.

[r00fus]

No the wealthy don't spend money - that's the problem. They take the money and move it offshore or into a tax shelter and it gets invested and sits.

Compare to someone who's poor - they spend most of their take-home pay on daily needs that spur the economy.

Cutting taxes for the rich only gives them more money - trickle-down theory has been proven to not work, and in fact the biggest net return for governments is to simply hand out cash (qualified as welfare/food stamps or unqualified like universal income) - that gets the government like 1.7x the amount handed out in tax receipts inbound as the cash passes through the economy.