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Old 06-07-2012, 04:34 PM
roflwaffle roflwaffle is offline
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Join Date: Dec 2007
Posts: 58
It can, but it's kinda rare, and largely a function of income. The lower you go the more tax cuts work, since poor people generally have to spend all the money they get. Otoh, tax cuts for the wealthier, and even the upper end of middle income, generally don't do much. The only exception is when interest rates are super high and the economy is ready to grow, in which case cutting taxes can free up money for investment, but that isn't the case now given how low the prime rate is.
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