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Any dollar you spend, is a dollar of revenue you just iced from becoming profit.
But not a dollar of trancient taxes.
From the perspective of lifetime income, a dollar of housing wealth is the same as a dollar of stockmarket wealth.
That is, a dollar of dividends generated the same individual income tax liability as did a dollar of wages.
A dollar of farm output takes four or five times as much energy to produce as a dollar of manufactured goods, says John Baffes of the World Bank.
The Romer-Bernstein report acknowledges that "a dollar of infrastructure spending is more effective in creating jobs than a dollar of tax cuts".
The Obama administration has never claimed that a dollar of savings somehow counts twice.
For every extra dollar of output, the world cranks out more than a dollar of debt.
Americans require 50% more energy to produce a dollar of GDP than any other industrialised country.
With tax at 35%, a dollar of such deductions saves a company 35 cents.
"We never had a dollar of state funding go to our core programming," he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com