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Dec 14, 2018
11:08:56am
mik3 All-American
I understand there are dynamic effects, and lowering tax rates will have an
effect on economic activity. I just doubt that, for example, the round of stock buybacks--which receive favorable tax treatment--financed by the tax cut are a great argument for saying the tax cut spurred enough investment to compensate for the lower rates.

But you're right, it's not a given, just as much as SO's arguments aren't a given. But I think the two of us are having too much fun butting heads to be rational.
mik3
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mjo
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Dani Rojas
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mik3
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