France cutting taxes

[detbuch]

The overall French tax cut is 3 times higher for businesses than for households (in order to boost the economy).

[spence]

Originally Posted by detbuch

The overall French tax cut is 3 times higher for businesses than for households (in order to boost the economy).

Cutting taxes can be stimulative, the issue is that it's not always stimulative or not always sound fiscal policy. I'm not sure what the point is other than Macron seems to think it's the right fiscal or political thing to do given current economic conditions.

[detbuch]

Originally Posted by spence

Cutting taxes can be stimulative, the issue is that it's not always stimulative or not always sound fiscal policy. I'm not sure what the point is other than Macron seems to think it's the right fiscal or political thing to do given current economic conditions.

Yes . . . exactly . . . . I think. You've certainly proposed enough possible generalities that you must be right . . . or at least not wrong.

Of course, the indefinite nature of your thesis, leaves the opposition party the option to refer to some of your specific uncertain possibilities--that is, to claim, using whatever variables that can be mustered by a sympathetic "economist," that the tax cuts are NOT sound fiscal policy . . . and not really stimulative . . . even if they appear to be . . . because they are actually remnants of previous administration policy . . . and will actually, when your policy kicks in, totally collapse the economy.