Stimulus To Solve Unemployment???

[EdwardBaiamonte]

Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nation’s economic growth.

of course thats 100% idiotic and libcommie as if economic growth comes from the poor and low earners. Look at the top 10 venture capital firms in America, for example, and ask yourself if the venture capital that started Google Twitter Facebook Intel etc. came from the poor and low income folks or wealthy and top earners.


See why we have to be 1000% positive that liberalism is based in pure and perfect ignorance.

ONCE MORE BUBBA

"The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”
Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study - Forbes

Myth #3: Lower taxes are the best way to grow the economy.
No one likes paying higher taxes. But do lower taxes actually spur economic growth? Bruce Bartlett, an economist in the Reagan administration, has compared tax rates in various rich countries in 1979 to each country's growth rate since then. His conclusion? There's virtually no correlation. Recent US history backs this up too.

Myth #6: If you unshackle the rich, they'll rev up the economy.
Think of this as the supermyth—the one underlying so many other fallacies. But here's a pesky fact neither corporate America nor the GOP establishment is trumpeting: After-tax corporate profits are currently at an all-time high. The problem businesses face isn't lack of cash but rather a lack of confidence that consumer demand will pick up in the future. So they're not expanding or hiring at the rate they should be.

Charts 6 Big Economic Myths Debunked Mother Jones


STUDY: These Charts Show There's Almost No Correlation Between Tax Rates and GDP

These Charts Show There s Probably No Correlation Between Tax Rates and GDP - Business Insider


Capital Gains Tax Rates and Economic Growth (or not)

If you read the editorial page of the Wall Street Journal (or surf around the nether regions of Forbes.com), you may come to the conclusion that no aspect of tax policy is more important for economic growth than the way we tax capital gains. You’d be wrong

Capital Gains Tax Rates and Economic Growth or not - Forbes

of course thats 100% idiotic and libcommie as if economic growth comes from the poor and low earners. Look at the top 10 venture capital firms in America, for example, and ask yourself if the venture capital that started Google Twitter Facebook Intel etc. came from the poor and low income folks or wealthy and top earners.


See why we have to be 1000% positive that liberalism is based in pure and perfect ignorance.

 

[EdwardBaiamonte]

Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nation’s economic growth.

of course thats 100% idiotic and libcommie as if economic growth comes from the poor and low earners. Look at the top 10 venture capital firms in America, for example, and ask yourself if the venture capital that started Google Twitter Facebook Intel etc. came from the poor and low income folks or wealthy and top earners.


See why we have to be 1000% positive that liberalism is based in pure and perfect ignorance.[/QUOTE]


ONCE MORE BUBBA

"The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”
Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study - Forbes

Myth #3: Lower taxes are the best way to grow the economy.
No one likes paying higher taxes. But do lower taxes actually spur economic growth? Bruce Bartlett, an economist in the Reagan administration, has compared tax rates in various rich countries in 1979 to each country's growth rate since then. His conclusion? There's virtually no correlation. Recent US history backs this up too.

Myth #6: If you unshackle the rich, they'll rev up the economy.
Think of this as the supermyth—the one underlying so many other fallacies. But here's a pesky fact neither corporate America nor the GOP establishment is trumpeting: After-tax corporate profits are currently at an all-time high. The problem businesses face isn't lack of cash but rather a lack of confidence that consumer demand will pick up in the future. So they're not expanding or hiring at the rate they should be.

Charts 6 Big Economic Myths Debunked Mother Jones


STUDY: These Charts Show There's Almost No Correlation Between Tax Rates and GDP

These Charts Show There s Probably No Correlation Between Tax Rates and GDP - Business Insider


Capital Gains Tax Rates and Economic Growth (or not)

If you read the editorial page of the Wall Street Journal (or surf around the nether regions of Forbes.com), you may come to the conclusion that no aspect of tax policy is more important for economic growth than the way we tax capital gains. You’d be wrong

Capital Gains Tax Rates and Economic Growth or not - Forbes[/QUOTE]

of course thats 100% idiotic and libcommie as if economic growth comes from the poor and low earners. Look at the top 10 venture capital firms in America, for example, and ask yourself if the venture capital that started Google Twitter Facebook Intel etc. came from the poor and low income folks or wealthy and top earners.


See why we have to be 1000% positive that liberalism is based in pure and perfect ignorance.[/QUOTE]

 

[EdwardBaiamonte]

Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nation’s economic growth.

of course thats 100% idiotic and libcommie as if economic growth comes from the poor and low earners. Look at the top 10 venture capital firms in America, for example, and ask yourself if the venture capital that started Google Twitter Facebook Intel etc. came from the poor and low income folks or wealthy and top earners.


See why we have to be 1000% positive that liberalism is based in pure and perfect ignorance.[/QUOTE][/QUOTE]