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  I totally disagree with that. Just giving money away to the poorest will achieve nothing at all for the economy. Far more effective to cut income taxes and better still corporate taxes as that will be more likely to generate the economic activity needed, but public spending must be cut more deeply rather that to debase the currency. Cutting the top rate of tax will result in an increase in tax revenues and that is why that one must be done. I have explained before how and why that happens.

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