Tax Cuts Really Having An Effect
Finally, from the Conference Board earlier this week — “Between 2002 and 2006, the percentage of U.S. households with discretionary income increased from 52.1 percent (57 million households) to 63.5 percent (73 million households).”
The author also notes how the MSM is all over it.
November 11th, 2007 at 12:20 pm
A much less cumbersome way to provide evidence for that point would be linking to a graph of disposable income per capita. http://www.bea.gov/briefrm/percapin.htm
But even then you’re really only attacking a strawman since no one (to the best of my knowledge) is arguing that tax cuts can never have short term benefits. The question generally raised by fiscal conservatives is: what are the long term consequences of lowering taxes during a protracted war, if there is already a very large public debt?