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by croon 3080 days ago
> I am interested in seeing where this goes. if we do see wage growth from it, it provides evidence to a lot of questions about how the cost of healthcare was squeezing out our wages. if it doesnt, then a lot of complaints about corporations will have a lot more evidence.

Spoiler alert: It's a remake. Trickle-down doesn't work.

Investing significant money in businesses doesn't create more work. Increasing demand creates more work. How do you do that? You put more money into the hands of consumers, which is the opposite of what this bill did.

1 comments

from what I am told, my taxes were lowered - thus you would be factually wrong. but I'll wait and see if that is true when I fill out my taxes.

beyond that, I have seen me and many others see immediate returns. your position is already starting from a hole, but I am a wait and see kind of person.

I hope it works out, you should too, unless you are one of those people who just want to see the world burn types.

> from what I am told, my taxes were lowered

Are you in the bracket of a typical American taxpayer or the bracket of a typical HN-er?

> I am a wait and see kind of person.

We've been slashing taxes on corporations and the wealthy since the Reagan era under the trickle down philosophy, but we're still waiting for that money to actually trickle down: https://www.epi.org/productivity-pay-gap/

If 50 years isn't a long enough experiment for you, what is?