Quote:
Originally Posted by SmokeyTheBear
if you give money to rich people they wont spend it and thus the gov doesn't get it back. If you give it to poor people the money gets spent, taxed and re-taxed until it makes its way back to some rich guy
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I'm often curious how true this is. I just have a hard time believing that all of these "rich" people are sticking all of their money into a savings account and earning 1%. Even if they stick that money into bonds or CDs it still contributes to the economy.