CrusaderFrank
Diamond Member
- May 20, 2009
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Progressives Explain the Economy #1: How High taxes create jobs
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You raise taxes, then hand out unemployment checks and EBT cards....Economic stimulus 101!Progressives Explain the Economy #1: How High taxes create jobs
You want that in crayon?
You want that in crayon?
Yeah...When do I get my free shit?What actually happens is:
Higher taxes => more spending on entitlements, payoffs, wasted programs in crony's districts=>lack of good working infastructure is kept unfunded so as to be used again fas an excuse to increase taxes more=>jobs go over seas to escape taxes=> jobs lost => more entitlements
need more?
Higher Taxes => Higher Revenue => Repair, Restore, Create infrastructure => Jobs => Private Business Makes Use of Infrastructure => Goods faster to Market => Safe and Trusted Markets => More Private Revenue
Need more?
Higher Taxes => Higher Revenue =>
Repair, Restore, Create infrastructure => Jobs => Private Business Makes Use of Infrastructure => Goods faster to Market =>
Safe and Trusted Markets
=> More Private Revenue
You want that in crayon?
Whatever is most comfortable for you
Higher Taxes => Higher Revenue => Repair, Restore, Create infrastructure => Jobs => Private Business Makes Use of Infrastructure => Goods faster to Market => Safe and Trusted Markets => More Private Revenue
Need more?
Is that "You didn't built that!" School of Economic Thought?
So countries with roads and bridges are the most prosperous?
You want that in crayon?
Whatever is most comfortable for you
Keyboard works.
What's CF's theory on this?
Defense - Paid with by magic.
Infrastructure - Paid with by magic.
Court houses - Paid with by magic.
Bridges and Roads - Paid with by magic.
===or====
Somalia rules?
Not sure. Whether you are more of a hobbit theory kind of guy or an anarchist...
Whatever is most comfortable for you
Keyboard works.
What's CF's theory on this?
Defense - Paid with by magic.
Infrastructure - Paid with by magic.
Court houses - Paid with by magic.
Bridges and Roads - Paid with by magic.
===or====
Somalia rules?
Not sure. Whether you are more of a hobbit theory kind of guy or an anarchist...
I just read 40 posts by Progressives pining openly for the days of 70 -90% tax rates, including Noble Prize Economist (LOL) Krugman and was wondering if any of you could explain how and why this works
Higher Taxes => Higher Revenue => Repair, Restore, Create infrastructure => Jobs => Private Business Makes Use of Infrastructure => Goods faster to Market => Safe and Trusted Markets => More Private Revenue
Need more?
Is that "You didn't built that!" School of Economic Thought?
So countries with roads and bridges are the most prosperous?
Higher Taxes => Higher Revenue =>
Not always. In fact, sometimes the exact opposite happens. Raise rates, lower revenue. But for purposes of this discussion, let's assume you are correct and revenues actually increase following an increase in tax rates...
Repair, Restore, Create infrastructure => Jobs => Private Business Makes Use of Infrastructure => Goods faster to Market =>
First, the federal government has no authority to "repair, restore, create infrastructure", but for purposes of this argument, let's assume you're including states in your assessment...
Tell us exactly how goods will get to market faster. Fewer potholes to negotiate?
Safe and Trusted Markets
So fewer potholes makes markets safe and trusted? Hmm...
=> More Private Revenue
Really? Let's get this straight: You're saying if we take more money from our most productive citizens, run it through government bureaucracies, then spend it on infrastructure...more private revenue will be realized?
Wow.
I guess Jerry Brown's train will make everyone rich!