[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.