Are Tax Cuts the Best Way to Stimulate Growth?

I feel like both of you are kind of talking past each other. Tax cuts can work, but it depends who they’re aimed at. If you cut taxes for middle-income households, they’re more likely to spend the extra money that boosts demand pretty quickly. But if the cuts mainly benefit large corporations, there’s no guarantee that translates into wage growth or hiring. Sometimes it just ends up in retained earnings or stock buybacks.