Kernen accused both parties of promoting harmful populist economic ideas, arguing that tax breaks for corporations do not simply benefit the wealthy, but rather provide jobs across the economy.
Pancotti challenged Kernen's assertions, emphasizing that tax breaks for corporations lead to significant income for top households, thus, tax policy isn't as simple as cutting taxes for the wealthy.
Kernen argued fiercely that corporations, being the main job providers, ought not to be penalized with increased taxes, stressing the role of private sector in supporting government employment.
Pancotti raised concerns about the weaknesses of trickle-down economics, indicating that simply assuming benefits flow from the wealthy to the working class could be misleading.
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