bk1983
Off too Kuwait..
- Oct 17, 2008
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The losses come out of the taxpayers pocket.
OK, so do prices alter consumption or not?
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The losses come out of the taxpayers pocket.
OK, so do prices alter consumption or not?
You just argued that there will be no change in economic behavior therefore there would be no reason to cut workforces nor any impact on the motivation for green technologies.
You really need to pick your position and quit flip flopping. It makes your arguments very confusing...
How much did the price of gas alter consumption ? Not very much. Why--we HAVE to buy it.
So far, though, the worsening economy appears to be an even stronger curb on driving as consumers hunker down and businesses contract. The U.S. Energy Information Administration expects full-year gasoline demand to fall 3% this year, which would mark the sharpest annual decline since 1980. And though gasoline prices continue to sink, forecasters expect demand to fall again next year.
Even those who can afford to drive more are holding back over fears of a prolonged recession, or the possibility that prices will ricochet upward again
You are wrong, price of gas went up and consumption went down.
Gas Prices Spiral Down to Near $2 - WSJ.com
How much did the price of gas alter consumption ? Not very much. Why--we HAVE to buy it.
not NEARLY enough to make a dent. Gas prices didn't plummet 50% due to decrease in demand.
not NEARLY enough to make a dent. Gas prices didn't plummet 50% due to decrease in demand.
Expensive fuel and a weakening economy cut into demand for oil beginning in mid-July, sending the price of oil - and petroleum products like gasoline - into a tailspin.
The sharpest decline in 28 years is not a "dent"?
Sorry but you are wrong again, you need to understand the issues you talk about. Lack of consumption or demand is exactly what caused the price to deflate.
...The beat goes on...
Will Business Learn to Love the Carbon Tax? <I>Is it redistribution of wealth?</I>
"...Consistent with promises made during the campaign, and motivated by the need for revenue, the Obama transition team has made enactment of a cap-and-trade system for greenhouse gas emissions a top priority..."
I am baffled by people's inability to see that every tax dollar taken by the government is a dollar that cannot be spent by the public.
When less money is available for people and businesses to spend and invest, business growth slows down and people have less money not more.
How on earth can anyone say higher taxes result in more growth and prosperity?
Excuse me but I said that a carbon tax would not result in less use of carbon producing fuel. I never said anything about economic behavior. that's your line.
Increasing taxes while expecting companies at the same time to invest in new and expensive technologies will result in following:
The costs of taxes AND capital improvements will be passed on to consumers resulting in the maximum price increases that the market will bear AND any cost increases to business that can't be passed on to the consumer will result in reduction of labor forces, less expansion and less R&D into new technologies and capital improvements.
Maybe you wouldn't get confused if you didn't attribute your argument to me and then say I contradict myself.
I am baffled by people's inability to see that every tax dollar taken by the government is a dollar that cannot be spent by the public.
When less money is available for people and businesses to spend and invest, business growth slows down and people have less money not more.
How on earth can anyone say higher taxes result in more growth and prosperity?
Speculators---think speculators. Do you think it was a damn coincidence that the market crashed and oil dropped at the same time ?
The decrease in global energy demand resulted in rapid and substantial reduction in crude oil and other energy prices. As a result, projections for both energy demand and prices are considerably lower than last months
I am baffled by people's inability to see that every tax dollar taken by the government is a dollar that cannot be spent by the public.
When less money is available for people and businesses to spend and invest, business growth slows down and people have less money not more.
How on earth can anyone say higher taxes result in more growth and prosperity?
I am baffled by people's inability to see that every tax dollar taken by the government is a dollar that cannot be spent by the public.
When less money is available for people and businesses to spend and invest, business growth slows down and people have less money not more.
How on earth can anyone say higher taxes result in more growth and prosperity?
So now you are arguing that taxes remove capital from circular flow? Government is not zero sum and is part of circular flow. Transferring capital from the private sector to public sector will only reduce the economy if the capital is not used. Use of capital is not a problem with government...
Economic behavior dictates the amount of carbon based fuels produced and used. Production is based on consumption therefore if a tax will not alter consumption it will not alter production and therefore economic behavior. The position you are arguing is false...and purely nonsense.
And if you are having trouble following--a company that sells the same amount of goods and services at the same YoY rate after a price increase as before a price increase see the sames amount of capitalization from profits therefore has no reason to change it's behavior. Why on earth would you lay someone off or invest less when your growth curve is unaltered?
So now you are arguing that taxes remove capital from circular flow? Government is not zero sum and is part of circular flow. Transferring capital from the private sector to public sector will only reduce the economy if the capital is not used. Use of capital is not a problem with government...