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A comment on Emmanuel Macron presidency prompts French startup boom. Parent comment

Re:Emmanuel Macron presidency prompts French startup boom by astrange on Thursday June 15, 2017 @09:14PM (#14565884)
Tax cuts on the rich don't increase consumer spending, since rich people don't spend all their money (proof: they're rich).

Although this is a popular theory, mostly promoted by the people who don't want to pay taxes.

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Re:Emmanuel Macron presidency prompts French startup boom by quantdev on Friday June 16, 2017 @06:01AM (#14567716)
Tax cuts to the rich increase investable capital, as I said. Trump also proposed tax cuts for everyone else, too, which would increase consumer spending.
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