I received my degree in accounting (not finance or economics),in the mid 80's, before the academic world became so liberal, but what I learned was, keeping taxes at a moderate rate, simulated both corporate investments and consumer spending. I know it is more complex than that, but that is the general model.
Living in farm country, what I DON'T want to see is families losing an inherited family farm just because they can't pay the stinkin' taxes. It's one thing to pass on a business, but another to hand over cash or assets as good as cash. I am more concerned about people not losing their business, and not so much about cash and investment assets. Also a good point about Repubs fighting with each other, taking an all-or-nothing stance, not willing to compromise, and therefore we get nothing.
I received my degree in accounting (not finance or economics),in the mid 80's, before the academic world became so liberal, but what I learned was, keeping taxes at a moderate rate, simulated both corporate investments and consumer spending. I know it is more complex than that, but that is the general model.
Living in farm country, what I DON'T want to see is families losing an inherited family farm just because they can't pay the stinkin' taxes. It's one thing to pass on a business, but another to hand over cash or assets as good as cash. I am more concerned about people not losing their business, and not so much about cash and investment assets.
Also a good point about Repubs fighting with each other, taking an all-or-nothing stance, not willing to compromise, and therefore we get nothing.