Re: Virginia is giving Amazon millions in tax breaks for HQ2, does this mean VA Democrats support "trickle down" economics?
Posted by:
Pelosi's insane 3x multiplier
()
Date: November 14, 2018 08:33AM
Bueller, bueller...??? Wrote:
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> Ahh, it's more direct than "trickle down".
>
> It's more like "pass through"...see, new workers
> getting paid an average of $150k pay taxes on
> that, DIRECTLY back to the gov...which in turn
> gets spent as the gov sees fit, either on
> projects, or more gov workers, or social programs,
> etc.
>
> You can argue until you're blue in the face
> whether or not gov spends money correctly, which
> is not the point. The point is that the money gets
> to the government directly in form of taxes.
>
> Sure there may be some hop for related "trickle
> down" but the majority of the pay off in return
> for concessions is direct tax revenue.
>
> Trickle down economics is not as direct, and some
> believe, doesn't happen in all cases.
>
> Now, can anyone tell me what the reference to
> "Bueller" is above, other than it is from the
> movie of the same name?
>
> It has something to do with something that sounds
> like "laugher"...
>
> Maybe I'll tell you later if I see people are
> really trying to figure it out.
Sadly, you're too stupid to see that your own post supports the premise of 'trickle down'. When new money (in this case, new employees making decent money) becomes available, it is spent on something. Be it housing, groceries, starbucks, lunches, cars or whatever, the new money trickles into the economy. The more money (in this case, higher paid employees) that is available, the more they higher paid employees will buy and spend, 'trickling down' into restaurants, clothing retailers, barristas, bars, theaters, clubs, etc. This requires those establishments to either hire more people or to pay their employees more (because they now have more choices on where to work). Only a blind partisan thinks it's good for government to have more to 'trickle down' but not the private sector. Of course trickle down doesn't happen in all cases, be that with either private or public revenue.