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Originally posted by Did you just call me Coltrane?
Real Question: Why do supply-siders only emphasize tax cuts for the upper classes? Wouldn't a middle-class tax cut be more beneficial for the economy as a whole (and in the long run)? Both for the middle and upper classes? Or is that more of a deman-side theory? The middle-class is the class that spends all of their money on stupid conspicuous goods, so wouldn't we want them to buy more of these?
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I'm not sure your facts are right on consumptive spending, but even if they are, the rich also invest, which is even more important in a supply-side model.
But I don't think emphasis on tax cuts for the rich is really where it's at. It's emphasis of tax cuts at the highest rates, which is where the rich are. I don't think you'd see this group arguing for an inverted tax system.
