Carl Spackler
Well-Known Member
Tell me again how the liberals will tax us back into prosperity?? I keep getting confused by using logic vs. emotion and class envy.
Ok. Liberals will tax the rich in order to stop our debt from building up. Simple enough?Tell me again how the liberals will tax us back into prosperity?? I keep getting confused by using logic vs. emotion and class envy.
Are you old enough to remember the Reagan presidency? He reduced taxes, and the end result was that the tax system became waaaaaay MORE progressive, tax revenues to the federal government doubled, and full employment. Sure seems like it works to me!Austerity? Trickle down? less is more (cutting taxes generate revenue)?
I understand the anecdotal arguments as justifications for these ideas... The problem is that - so far - I've seen no hard evidence to support any of those arguments. So now is your chance...
Where is the proof?
Are you old enough to remember the Reagan presidency? He reduced taxes, and the end result was that the tax system became waaaaaay MORE progressive, tax revenues to the federal government doubled, and full employment. Sure seems like it works to me!
Total debt was $4 trillion by the end of his presidency. Very cheap by todays standards, if you want to blame Reagan.And Reagan drove the debt and deficit up more I believe than any other president up to that time.
I don't suppose it matters that what you're saying isn't true.Are you old enough to remember the Reagan presidency? He reduced taxes, and the end result was that the tax system became waaaaaay MORE progressive, tax revenues to the federal government doubled, and full employment. Sure seems like it works to me!
glad you saw that tooI don't suppose it matters that what you're saying isn't true.
It is absolutely true. With less punityive tax rates, it became beneficial for rich people to put their money to work rather than shelter it. That creates both jobs and tax revenues.I don't suppose it matters that what you're saying isn't true.
I work for myself...my problem is when others don't take the money that they make off the backs of others and not put the money back in the USA...sheltering your money in offshore accounts seem to be the American way now..hell I called BOA the other day and the bastards had me talking to someone in India...I'm now in the process of moving my accounts to another bank(s)..outsourcing seems to be the way for your larger corporations....but how would you know you enjoy working for the rich..classicIt is absolutely true. With less punityive tax rates, it became beneficial for rich people to put their money to work rather than shelter it. That creates both jobs and tax revenues.
Tell me, honestly, is it that you hate rich people? Does the idea of some rich guy owning a company where you have to go work, offend you? Just an honest question. Personally, if my working to make some rich guy richer gives me the means to care for my family, I'm grateful. I don't blame someone for being rich. I wish I was. Maybe someday I will be? You never know...
But it didn't have that effect. You can't just say things and have them come true because they sound good. Tax revenues were pretty much the same when Reagan entered office and when he left office. What got bigger is debt.It is absolutely true. With less punityive tax rates, it became beneficial for rich people to put their money to work rather than shelter it. That creates both jobs and tax revenues.
No. I just hate it when people state things as facts that are not facts.Tell me, honestly, is it that you hate rich people?
No. Own my own business. That doesn't apply to me.Does the idea of some rich guy owning a company where you have to go work, offend you?
That's nice. However that doesn't change the fact that what you said wasn't true.Just an honest question. Personally, if my working to make some rich guy richer gives me the means to care for my family, I'm grateful. I don't blame someone for being rich. I wish I was. Maybe someday I will be? You never know..
Well I've looked it up before and know it's not true. You can't show me proof of something that isn't true.LOL okay if I dig up the data showing that it is indeed true, will it matter in the least or will you just fluff it off?
I see... because I do not agree with you, then I have no right to be here. So typical, for a leftist...Uncultivated-
1. (of land) Not used for growing crops.
2. (of a person) Not highly educated.
both of these definition of your names means you have no business on a grow site nor in the political forum...judging by the name you chose lets us know all we need...you have now been moved to the joke area...enjoy
LOL that's what I thought.Well I've looked it up before and know it's not true. You can't show me proof of something that isn't true.
If the rich actually paid their fair share I wouldn't have any problem with them. Why do you defend the rich when they of all people don't need your help? It is the poor who need help, why not defend them?It is absolutely true. With less punityive tax rates, it became beneficial for rich people to put their money to work rather than shelter it. That creates both jobs and tax revenues.
Tell me, honestly, is it that you hate rich people? Does the idea of some rich guy owning a company where you have to go work, offend you? Just an honest question. Personally, if my working to make some rich guy richer gives me the means to care for my family, I'm grateful. I don't blame someone for being rich. I wish I was. Maybe someday I will be? You never know...
Total debt was $4 trillion by the end of his presidency. Very cheap by todays standards, if you want to blame Reagan.
But the real blame is with congress. After the tax "cuts", the economy took off. I say "cuts", because what was cut was the tax rates. Actual tax revenues to the federal government skyrocketed. Tax revenues grew at 10-12%, year after year, for the rest of his presidency and beyond. So why did the debt go up? Because congress increased spending by MORE! If they could have kept spending increased to inflation rate, or even 2-3 times the inflation rate, we would've been in great shape, with no debt to speak of. But no, they had to increase spending by more like 15-20% annually. Why? Because a congressmen's power comes from spending money.
So again, tax "cuts" increased tax revenues. If you insist I'll go and find you the data from the IRS itself, although most people who argue politics like this have seen it before. Therefore kinda hard to blame tax cuts for deficit, isn't it?