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Professor MD

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Professor MD

Re: Sarmad post# 77219

Sunday, 03/08/2009 11:05:21 PM

Sunday, March 08, 2009 11:05:21 PM

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Dear Sarmad. Re: It is one thing to decide how to distribute taxes. It is another to pretend taxes can be cut for everyone, and run deficits while in full employment.

Deficit can be paid back by increasing the Gross National product (GNP). GNP can be increased by increasing productivity per worker. Increased productivity requires investment by business owners. Net income after tax by business owners is the source of efficient investment.
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