Tax Cuts For The Poor And Middle Class -- Not The Rich -- Create Jobs, Research Shows

[Manonthestreet]

Another staggering display of ignorance.

 

[Marxist]

Another staggering display of ignorance.

You could barely form your post, it was quite hard to read, now tell me, what relevance it has other then the typical nuttery.

 

[peach174]

If you are over 30 and all you are qualified for is a MW job (and you aren't special needs, and most of those can also make over MW) then you more than likely have made some very poor life decisions. So obviously you should be rewarded with pay worth more than the added value you create due to your labor...

So, essentially, fuck them, despite the cost of living, the hard life of growing up in poverty for many people, the cost of college, children to raise, medical conditions, etc..

Not "fuck them", Don't coddle them. If you pay them more than they are worth, they will be stuck in that half assed dead end job, and nothing will be solved. Why should I subsidize someone's poor life choices?

They aren't being paid more then what they are worth, you do understand capitalism relies on not paying laborers what they are worth? How will they get out of being stuck if they're not getting help or getting paid a livable wage, yet alone a wage to go to college, pay for kids.. Yeah, ignore most of my post and just yell out poor life choices, like you know anything about poverty.

Capitalism does rely on paying good laborers what they are worth. This is a lefty lie.
If you have a good worker you want to keep them and you give them raises as they do a good job.

No, inherently, the capitalist cannot pay the laborer what he is worth in regards to what is produced, this would undermine the capitalist's profit, of course, I cannot expect someone who has more then likely never read Marx's critique of capitalism to understand anything about this. Yeah, bullshit, it's why most capitalists hate laws to raise wages, opposed child labor laws, love going to third world countries and places like china/india, even for service jobs, to pay people way less then what they are worth. Yeah, "good worker" as in first world countries, and the raises are shitty these days, for most middle class workers.

You obviously have never run a business.
Raises are shitty these days because growth is shitty.

 

[peach174]

Another staggering display of ignorance.

You could barely form your post, it was quite hard to read, now tell me, what relevance it has other then the typical nuttery.

Most of the rest of us had no problem with reading and understanding it.

 

[PredFan]

Everything targeted at the bottom works its way to the top. It's time for wage increases targeted at the very bottom. That is the one thing that will jump start this economy the fastest.

Tax Cuts For The Poor And Middle Class -- Not The Rich -- Create Jobs Research Shows


-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 400 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

"One Percenter"? What's that? How much of your brain you use?

The poor don't pay taxes idiot, you can't cut their taxes.

Progressives are such epic idiots.

 

[Marxist]

Everything targeted at the bottom works its way to the top. It's time for wage increases targeted at the very bottom. That is the one thing that will jump start this economy the fastest.

Tax Cuts For The Poor And Middle Class -- Not The Rich -- Create Jobs Research Shows


-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 400 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

"One Percenter"? What's that? How much of your brain you use?

The poor don't pay taxes idiot, you can't cut their taxes.

Progressives are such epic idiots.

Their are different kinds of taxes, and this also talks about the middle class

 

[PredFan]

Everything targeted at the bottom works its way to the top. It's time for wage increases targeted at the very bottom. That is the one thing that will jump start this economy the fastest.

Tax Cuts For The Poor And Middle Class -- Not The Rich -- Create Jobs Research Shows


-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 400 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

"One Percenter"? What's that? How much of your brain you use?

The poor don't pay taxes idiot, you can't cut their taxes.

Progressives are such epic idiots.

Their are different kinds of taxes, and this also talks about the middle class

Yeah no shit. It's just a stupid argument. The economy can't be improved nor can jobs be created by cutting taxes on people who don't pay taxes. It's epic level stupidity.

 

[Marxist]

Everything targeted at the bottom works its way to the top. It's time for wage increases targeted at the very bottom. That is the one thing that will jump start this economy the fastest.

Tax Cuts For The Poor And Middle Class -- Not The Rich -- Create Jobs Research Shows


-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 400 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

"One Percenter"? What's that? How much of your brain you use?

The poor don't pay taxes idiot, you can't cut their taxes.

Progressives are such epic idiots.

Their are different kinds of taxes, and this also talks about the middle class

Yeah no shit. It's just a stupid argument. The economy can't be improved nor can jobs be created by cutting taxes on people who don't pay taxes. It's epic level stupidity.

Read what he posted In the article. Jesus.

 

[PredFan]

Everything targeted at the bottom works its way to the top. It's time for wage increases targeted at the very bottom. That is the one thing that will jump start this economy the fastest.

Tax Cuts For The Poor And Middle Class -- Not The Rich -- Create Jobs Research Shows


-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 400 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

"One Percenter"? What's that? How much of your brain you use?

The poor don't pay taxes idiot, you can't cut their taxes.

Progressives are such epic idiots.

Their are different kinds of taxes, and this also talks about the middle class

Yeah no shit. It's just a stupid argument. The economy can't be improved nor can jobs be created by cutting taxes on people who don't pay taxes. It's epic level stupidity.

Read what he posted In the article. Jesus.

Ok, read it. It says nothing about cutting taxes to the poor, so the title is false. Some of those things I agree with, but very little of that actually is what the OP seems to think it is.

 

[Marxist]

Everything targeted at the bottom works its way to the top. It's time for wage increases targeted at the very bottom. That is the one thing that will jump start this economy the fastest.

Tax Cuts For The Poor And Middle Class -- Not The Rich -- Create Jobs Research Shows


-Base Federal tax for corporations at 30% of revenue.

-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.

-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

-Companies with 400 employees or less, employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

-Adjust Social Security and private/public retirement and pension payments using 1970-2015 price structure.

-Remove the FICA limit.

-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years which will eliminate inflation.

-Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

-Make inversion illegal.

"One Percenter"? What's that? How much of your brain you use?

The poor don't pay taxes idiot, you can't cut their taxes.

Progressives are such epic idiots.

Their are different kinds of taxes, and this also talks about the middle class

Yeah no shit. It's just a stupid argument. The economy can't be improved nor can jobs be created by cutting taxes on people who don't pay taxes. It's epic level stupidity.

Read what he posted In the article. Jesus.

Ok, read it. It says nothing about cutting taxes to the poor, so the title is false. Some of those things I agree with, but very little of that actually is what the OP seems to think it is.

The poor still pay taxes on things...

 

[Manonthestreet]

Another staggering display of ignorance.

You could barely form your post, it was quite hard to read, now tell me, what relevance it has other then the typical nuttery.

Quite simply you are Kirbying money out of peoples pockets due to govt policy of artificially driving up energy which drives up everything you purchase and then can't figure out why poverty is increasing and try to point the finger at someone else, employer, as a perp.

 

[Marxist]

Another staggering display of ignorance.

You could barely form your post, it was quite hard to read, now tell me, what relevance it has other then the typical nuttery.

Quite simply you are Kirbying money out of peoples pockets due to govt policy of artificially driving up energy which drives up everything you purchase and then can't figure out why poverty is increasing and try to point the finger at someone else, employer, as a perp.

Yeah, the governments energy policies.. SUREEEEEE, that's obviously the only factor... You should feel bad.

 

[Manonthestreet]

Another ignorant post. Circle jerk govt model.

 

[Marxist]

Another ignorant post. Circle jerk govt model.

Post your evidence.

 

[Manonthestreet]

Alrdy did.... Economy was always based on affordable energy, food, and, housing, govt policies have deliberately inflated all three.

 

[Marxist]

Alrdy did.... Economy was always based on affordable energy, food, and, housing, govt policies have deliberately inflated all three.

Yeah, evidence for any of what you're saying.

 

[PredFan]

"One Percenter"? What's that? How much of your brain you use?

The poor don't pay taxes idiot, you can't cut their taxes.

Progressives are such epic idiots.

Their are different kinds of taxes, and this also talks about the middle class

Yeah no shit. It's just a stupid argument. The economy can't be improved nor can jobs be created by cutting taxes on people who don't pay taxes. It's epic level stupidity.

Read what he posted In the article. Jesus.

Ok, read it. It says nothing about cutting taxes to the poor, so the title is false. Some of those things I agree with, but very little of that actually is what the OP seems to think it is.

The poor still pay taxes on things...

Those are the same things the rich pay taxes on. Cigarettes, gas, beer, wine, etc.

 

[Marxist]

Their are different kinds of taxes, and this also talks about the middle class

Yeah no shit. It's just a stupid argument. The economy can't be improved nor can jobs be created by cutting taxes on people who don't pay taxes. It's epic level stupidity.

Read what he posted In the article. Jesus.

Ok, read it. It says nothing about cutting taxes to the poor, so the title is false. Some of those things I agree with, but very little of that actually is what the OP seems to think it is.

The poor still pay taxes on things...

Those are the same things the rich pay taxes on. Cigarettes, gas, beer, wine, etc.

More then just that. Re read the article while thinking of history.

 

[Londoner]

Welcome to the primary contradiction of capitalism.

Suppliers want the cheapest possible operating costs, so their natural inclination is to drive down labor costs. ["Supply Side" economics, which took hold in the 80s, was committed to removing all tax, regulatory and cost-of-labor burdens on capital. This was done because suppliers, by the late 70s, had been crippled by 40 years of New Deal Liberalism, with its high taxes, strict regulations and trade policies that prevented the full utilization of cheap 3rd world labor. Reagan - and later Clinton - fixed this not only through tax and regulatory reform, but opening up trade so that our suppliers could shed the high cost of U.S. Labor for cheap Chinese sweatshops]

Here is the contradiction: The low labor costs of post-Carter capitalism made it harder for workers (i.e., consumers) to buy what the supplier brought to market. Put another way: how do you sustain the consumption Main Street businesses require in the face of falling wages and slashed benefits and the loss of jobs to China & the 3rd world?

Answer: debt. Credit cards. Subprimes. We created a culture of borrowing to make up for lost jobs, diminished wages and an end to the progressive tax policies that subsidized affordable education for the working and middle classes.

Put simply: Reagan lead our transition from wage-based consumption to debt-based consumption.

The problem of solving the contradictions of capitalism with debt is that consumers can't borrow forever. Indeed, after 30 years of concentrated borrowing (to support the concentrated accumulation on top), the middle class is too indebted to fulfill the demand requirements of economic growth. This condition of over-indebtedness is currently being solved by higher levels of debt and more toxic asset bubbles.

(It gets worse. When you use debt to fund consumption ... what happens when you run out of solvent consumers? Answer: you must loan money to insolvent consumers; you must find borrowers wherever they can be found. To keep consumption and economic growth going, you start loaning money to homeless people, dead people, illegal aliens and pets. You create every manor of loan to pump money into a zombie economy.)

[Just as the Achilles Heel of Demand-Side economics is inflation, the Achilles Heel of Supply Side economics is a failure of consumer demand. If you fix that failure with too much debt, the economy eventually blows up. We swallowed poison in 1980]

 

[Marxist]

Welcome to the primary contradiction of capitalism.

Suppliers want the cheapest possible operating costs, so their natural inclination is to drive down labor costs. ["Supply Side" economics, which took hold in the 80s, was committed to removing all tax, regulatory and cost-of-labor burdens on capital. This was done because suppliers, by the late 70s, had been crippled by 40 years of New Deal Liberalism, with its high taxes, strict regulations and trade policies that prevented the full utilization of cheap 3rd world labor. Reagan - and later Clinton - fixed this not only through tax and regulatory reform, but opening up trade so that our suppliers could shed the high cost of U.S. Labor for cheap Chinese sweatshops]

Here is the contradiction: The low labor costs of post-Carter capitalism made it harder for workers (i.e., consumers) to buy what the supplier brought to market. Put another way: how do you sustain the consumption Main Street businesses require in the face of falling wages and slashed benefits and the loss of jobs to China & the 3rd world?

Answer: debt. Credit cards. Subprimes. We created a culture of borrowing to make up for lost jobs, diminished wages and an end to the progressive tax policies that subsidized affordable education for the working and middle classes.

Put simply: Reagan lead our transition from wage-based consumption to debt-based consumption.

The problem of solving the contradictions of capitalism with debt is that consumers can't borrow forever. Indeed, after 30 years of concentrated borrowing (to support the concentrated accumulation on top), the middle class is too indebted to fulfill the demand requirements of economic growth. This condition of over-indebtedness is currently being solved by higher levels of debt and more toxic asset bubbles.

(It gets worse. When you use to consumer debt to fund consumption ... what do you do when you run out of solvent consumers? Answer: you must loan money to insolvent consumers; you must find borrowers wherever they can be found. To keep consumption and economic growth going, you start loaning money to homeless people, dead people, illegal aliens and pets. You create every manor of loan to pump money into an zombie economy that lacks the wage-fundamentals of solvent consumption.)

[Just as the Achilles Heel of Demand-Side economics is inflation, the Achilles Heel of Supply Side economics is a failure of consumer demand. If you handle that failure by the toxic expansion of consumer debt, the economy eventually blows up. We swallowed poison in 1980]

I'd recommend you watch the video in my signature, capitalism is filled with contradictions.