ttystikk
Well-Known Member
That's a regressive tax, hurts poor more than rich- which is the exact problem we're trying to solve, not make worse.
White people, particularly men:
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ThickStemz
Well-Known Member
Why?
In your mind is the purpose of taxes to raise revenue for the government or should the purpose be to be fair and to be social engineering?
Because any historical analysis of the capital gains rate will show that when the rates go down the revenue goes up.
Obviously there is a point at which below the total revenue will decline.
But if capital gains rates are 40% the government gets less revenue than when the rates are 30%. Its easy enough to Google this and see.
So what is the reason you want to cost the government so much revenue by raising the cap gains rate?
UncleBuck
Well-Known Member
a trait is genetically determined you moron. racism is not a genetic behavior, it is learned.
stop trying to use words and just make those subway sandwiches. it is your highest calling in life.
UncleBuck
Well-Known Member
i love how you root for a regressive tax that punishes low wage people like you while giving a complete pass to higher wage folks like me.
that said, i am against it because i don't think you even understand what you are rooting for here.
UncleBuck
Well-Known Member
more historical revisionism, eh bignbushy?
i guess they don't allow your co-workers at subway to use their phones, otherwise they would have debunked pretty much 99% of the bullshit you spew as if it were fact.
ThickStemz
Well-Known Member
I never said it was a trait of humans..
It's a trait of human societies. Its a meme.
Are you completely unfamiliar with memetic theory? Richard Dawkins?
Ideas spread throughout human society and replicate similarly to genetic mutations. Its well documented and my terminology is correct.
ThickStemz
Well-Known Member
Historical fact.
When the cap gains rate Is high revenue from that tax is lower...
If you lower the cap gains tax rate the government actually collects more revenue from that tax.
http://www.taxpolicycenter.org/statistics/historical-capital-gains-and-taxes
Above is raw data. Showing annual revenue and what the cap gains tax was for any one year. Its clear to any one that just raising the rate doesnt generate more revenue...
And here is some educated people saying the same thing.
http://www.forbes.com/sites/realspin/2013/09/09/to-raise-the-capital-gains-tax-rate-is-to-not-raise-capital-gains-taxes/#8dc1035119da
High capital gains rates will only result in less revenue to the federal government. Raising it just to say FU to the rich helps no one. It hurts everyone. We can't afford to raise capital gains tax rates.
UncleBuck
Well-Known Member
no. a trait is genetically determined. something that is genetically determined applies to the individual, not the whole.
what you are trying to say i that there is some genetically determined cause of racism in human societies. that is purely and simply false on every level, from the genetic component to the fallacy of composition you are attempting.
racism is a learned behavior. some people learn it, and some societies employ it. but that does not make it a trait of humans, nor could it even be a trait of human societies.
you really suck at actual debate. you should stick to making sandwiches at subway. that type of work is simple, and does not require you to attempt to apply your critical thinking abilities, which are clearly lacking due to your heroin abuse.
UncleBuck
Well-Known Member
i will even cite your own graph, which is incomplete, to prove you wrong.
there is no correlation on this graph between the two items being shown.
if you were to synchronize that graph with recessions and booms, it would show a strong correlation.
you are an idiot, through and through.
subway sandwiches.
ThickStemz
Well-Known Member
I never mentioned genetics. You did. I'm talking about memetics. It borrows language from genetics becuaer Dawkins used it as an allusion to explain how ideas move through a society.
While racism is a learned behaviour in the individual, it is an inevitable part of human society. Once someone has that idea "hey were better than those people" the genie is out of the bottle.
You are either too dumb to understand memetics, or not honest enough to have a discussion.
ThickStemz
Well-Known Member
Talk about quote mining...i will even cite your own graph, which is incomplete, to prove you wrong.
there is no correlation on this graph between the two items being shown.
if you were to synchronize that graph with recessions and booms, it would show a strong correlation.
you are an idiot, through and through.
subway sandwiches.
You pull one little segment out of there.. I didn't even mention the graph. The graph is irrelevant. The first link is the real important one.
Any time the cap gains rates climb over about 28% revenue generated by those taxes actually falls.
When the tax rate falls below about 30% the income goes up.
There are very few years where that is not the case.
Flaming Pie
Well-Known Member
No deductions. 10% effective tax rate for everyone.
ttystikk
Well-Known Member
Yeah, that just makes sure poor people get hit harder.
Why not offer tax breaks that phase out as income rises instead of the other way around?
UncleBuck
Well-Known Member
yes you did. do you even know what a trait is? go look it up, subway sandwich maker.
it's actually not.
UncleBuck
Well-Known Member
capital gains revenue correlates with crashes and booms in the market, and nothing else.
sorry if your own citation makes you look like a dumbass. blame yourself for being a dumbass.
and get back to making those subway sandwiches.
Flaming Pie
Well-Known Member
How about no taxes for those at poverty level but no return either? If they could guarantee that rich folks couldn't deduct millions of tax dollars off I think it would be worth it. More money in each paycheck for the poorer and no deductions for the rich?
UncleBuck
Well-Known Member
I love how flat taxers inevitably offer progressive taxation when they realize the error of flat tax.
We already have a progressive tax.
ttystikk
Well-Known Member
Perhaps, but the big picture is still pretty damned regressive.
Flaming Pie
Well-Known Member
I love how critical of people you are. Keep shutting down discussions with your negativity.