Econ 101 for Obamites

You're dealing with stupid people who believe that the federal government IS the US economy

You're dealing with people that aren't interested in fixing anything. Just destroying capitalism and anyone who supports it.

Yes..because "fixing" capitalism involves starting unfunded wars over oil.

The "fix" was in..alrighty.

And yet the OP did not claim that with this thread.


How about addressing the point of the thread. That is: federal government receipts are generally static whether the top tier tax rates are high or low. IOW, raising taxes does nothing to garner more income for the government.
 
If your bullshit was legit, then the Govt should just take all the money fromt the private sector and distribute as they see fit to have the best economic system....I believe they call that communism, idiot.

Market-oriented research. This means they have an outcome they desire and THEN they sift through the facts to support a preordained conclusion.

To hell with supply side nonsense.

A demand-side cut rests on the Keynesian theory that public consumption spurs economic activity. Government puts money in people's hands, as a temporary measure, so that they'll spend it. A supply-side cut sees business investment as the key to growth. Government gives money to businesses and wealthy individuals to invest, ultimately benefiting all Americans. Back in the early 1960s, tax cutting was as contentious as it is today, but it was liberal demand-siders who were calling for the cuts and generating the controversy.
Ryan on Kennedy (and Reagan) (Oh: and the One He Didn
 
You're dealing with stupid people who believe that the federal government IS the US economy
Yes, I realize that. Their World begins and ends with a Centralized federal gov't Those of us in the private sector who earn our living, non-union, are the enemy, only to be demonized and taxed to death to pay for their entitlements and cushy public sector union jobs and FAT pensions.
So, it appears, you are envious of others and have a poor paying job with few benefits. Rather than being personally responsible and getting an education or training which would improve your lot in life you would rather bring everyone else down to your level.hat in a nutshell is today's Reagan Republican.

It be easier for those of us in the private sector to make more money and save for our retirement if we weren't taxed at every turn.
 
You're dealing with people that aren't interested in fixing anything. Just destroying capitalism and anyone who supports it.

Yes..because "fixing" capitalism involves starting unfunded wars over oil.

The "fix" was in..alrighty.

And yet the OP did not claim that with this thread.


How about addressing the point of the thread. That is: federal government receipts are generally static whether the top tier tax rates are high or low. IOW, raising taxes does nothing to garner more income for the government.

This takes only part of an argument (tax hikes) out of an economic theory.

To recap, Pence said that, "Anybody who is familiar with the historical data from the IRS knows that raising income tax rates will likely actually reduce federal revenues." Actually, the historical data doesn't show that. Experts said the economic theory Pence is drawing from doesn't apply in the current situation, and an increase in tax rates would not cause tax revenues to decline. So we rate his statement False. - PolitiFact | Mike Pence says raising taxes lowers tax revenues
 
Look at the crappe that happened under W's tax rates (a step too far), and of course the cronyism and corruption meltdown (typical and iconic of Pub economies). What we need now is an end to pandering to the bloated rich voodoo has produced, and help for the nonrich and infrastructure, that voodoo has ignored.

That's not communism or a new entitlement attitude, Rush/Beck/Pub dupes, that's fact.
 
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The tax experts we spoke with agreed with Stockman. In this climate, raising the top tax rates from 35 to 39.6 percent would increase revenues. The effect Pence is talking about would not happen at this level of taxation, they said.

"There is some rate at which it would be true," said Roberton Williams of the nonpartisan Tax Policy Center. "But I don't think there are any established economists who would argue that we're near that."

"At current tax rates, most tax increases will increase revenues, at least in the short and medium run," said Brian Riedl of the conservative Heritage Foundation. "The caveat is that in a fragile economy, it can be unpredictable."

"There is no real dispute among economists that broad-based federal income tax cuts reduce revenue (except when tax rates are much higher than they are now)," said Alan D. Viard of the conservative American Enterprise Institute. "Revenue is lower than it would be without the Bush tax cuts -- liberal and conservative economists are in accord on this question."

To recap, Pence said that, "Anybody who is familiar with the historical data from the IRS knows that raising income tax rates will likely actually reduce federal revenues." Actually, the historical data doesn't show that. Experts said the economic theory Pence is drawing from doesn't apply in the current situation, and an increase in tax rates would not cause tax revenues to decline. So we rate his statement False.

PolitiFact | Mike Pence says raising taxes lowers tax revenues
 
We wouldn't have to depend on foreign oil if the libs would let us dig up our own oil yet Obama let's Europe take our oil.
 
So....the Bush Tax Cuts that obamination kept in place until last week caused the mortgage and banking messes that blew up when Bush was sitting in the White House???

You are so fucking stupid.

If that was true, then why did obamination keep those EVIL tax cuts in place until last week.....oh we were so lucky to avoid another housing and banking disaster because granny's taxes were "too low."

Look at the crappe that happened under W's tax rates (a step too far), and of course the cronyism and corruption meltdown (typical and iconic of Pub economies). What we need now is an end to pandering to the bloated rich voodoo has produced, and help for the nonrich and infrastructure, that voodoo has ignored.

That's not comunism or a new entitlement attitude, Rush/Beck/Pub dupes, that's fact.
 
You libs constantly talk out both sides of your mouth. The rich hide their money and don't pay taxes so let's raise their taxes so they can still pay the same rate by hiding more of their money.
 
You're dealing with people that aren't interested in fixing anything. Just destroying capitalism and anyone who supports it.

Yes..because "fixing" capitalism involves starting unfunded wars over oil.

The "fix" was in..alrighty.

And yet the OP did not claim that with this thread.


How about addressing the point of the thread. That is: federal government receipts are generally static whether the top tier tax rates are high or low. IOW, raising taxes does nothing to garner more income for the government.

I do apologize for upsetting the Obamites with facts.

They're little mushy brains always explode when facts are posted, and the usual deflections and demonizations result.
 
Obamaroids

You should get that treated.

0030573286810_180X1801_zpsdc14ec8a.jpg


:thup:

:DDoes the new Obumnoid care cover it?
 
Oh yeah, a liberal op-ed means it must be true.

Strange the BUUUUUUUSH TAX CUTS brought in RECORD REVENUES to the US Treasury before the economy got hammered by the mortgage and banking disasters that had liberal fingerprints on them going back to Jimmy Carter.

You see moron, when tax rates are low enough....you stimulate investors to put more money into the economy which spurs on growth. More jobs = more income taxes.

Your strategy of taxing whatever jobs are left after you crushed economic growth doesn't bring in the level of revenues when the economy is growing jobs and jobs. oh, eventually you strangle the economy with high regulations and taxes to the point where the economy is losing job and losing people in the work force after they just give up....see today's economy under the black messiah.

chart2_lg.ashx



The tax experts we spoke with agreed with Stockman. In this climate, raising the top tax rates from 35 to 39.6 percent would increase revenues. The effect Pence is talking about would not happen at this level of taxation, they said.

"There is some rate at which it would be true," said Roberton Williams of the nonpartisan Tax Policy Center. "But I don't think there are any established economists who would argue that we're near that."

"At current tax rates, most tax increases will increase revenues, at least in the short and medium run," said Brian Riedl of the conservative Heritage Foundation. "The caveat is that in a fragile economy, it can be unpredictable."

"There is no real dispute among economists that broad-based federal income tax cuts reduce revenue (except when tax rates are much higher than they are now)," said Alan D. Viard of the conservative American Enterprise Institute. "Revenue is lower than it would be without the Bush tax cuts -- liberal and conservative economists are in accord on this question."

To recap, Pence said that, "Anybody who is familiar with the historical data from the IRS knows that raising income tax rates will likely actually reduce federal revenues." Actually, the historical data doesn't show that. Experts said the economic theory Pence is drawing from doesn't apply in the current situation, and an increase in tax rates would not cause tax revenues to decline. So we rate his statement False.

PolitiFact | Mike Pence says raising taxes lowers tax revenues
 
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So....the Bush Tax Cuts that obamination kept in place until last week caused the mortgage and banking messes that blew up when Bush was sitting in the White House???

You are so fucking stupid.

If that was true, then why did obamination keep those EVIL tax cuts in place until last week.....oh we were so lucky to avoid another housing and banking disaster because granny's taxes were "too low."

Look at the crappe that happened under W's tax rates (a step too far), and of course the cronyism and corruption meltdown (typical and iconic of Pub economies). What we need now is an end to pandering to the bloated rich voodoo has produced, and help for the nonrich and infrastructure, that voodoo has ignored.

That's not comunism or a new entitlement attitude, Rush/Beck/Pub dupes, that's fact.

No, dumbass, that was Pub cronyism and corruption that caused the meltdown. Reaganist tax rates and screwing with the workers caused the worst rich/poor gap and upward social mobility ever, and lack of demand.
 

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