Tax Cuts Steal Democracy

But you gotta start off with demand. .

I have instructed you 13 times now demand is 100000% natural. People naturally demand food clothing and shelter and always have. Nothing changes until Republican geniuses invent or supply things to satisfy natural demand.

An economy moves forward based on how fast the inventions or efficiencies are generated or supplied. Thats were the term supply side economics came from !!1+1=2
 
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The Great Depression didn't happen because stocks went up.
The Great Depression didn't happen because stocks went down.

LOL!


That doesn't mean you get to point to slow growth at old tax rates to prove anything about new tax rates.

??? The slow growth happened immediately after the Bush Tax Cuts were passed in 2001. So using the Conservative rhetoric of business looking ahead, forecasting tax rates and adjusting their behavior thus, would seem to indicate that businesses knew this tax cut was a sham...hence the poor growth for 2001 and 2002.



So the economic growth for 2003 was attributed to the housing market, which Bush was attributing to his tax cuts. Ergo, the inevitable collapse of that housing market was a result of the tax cuts which caused the housing market to grow in the first place. So the growth during Bush is attributed to the housing bubble produced by the tax cuts, that would eventually pop and crater the economy. So tax cuts cratered the economy. Which is what they do in addition to manufacturing deficits we were promised would disappear because "tax cuts pay for themselves", right?


I know, blaming shrinking tax revenues on something besides the bubble collapse. Weak excuse.

The dotcom bubble collapsed in 2000. The recession in 2001 ended by November of that year. GDP growth for 2001 was still positive. So what's the excuse for two consecutive years (really more if you remove the housing bubble from the economy) of shitty growth? We were sold the promise that tax cuts "pay for themselves" and create all this growth that we'd be so awash in revenues, we wouldn't know what to do with them. If you're now saying that tax cuts do not pay for themselves, then that completely undermines your argument that they create growth. If they did create growth, then they would pay for themselves. But they don't. So here we are...


That time, it was because of Capital Gains Tax Cuts. Interesting theory. Tell me more!

Just open the link and read the study for yourself. Or go to Business Insider's link that summarizes it. Here's what those researchers say (since I know you're too lazy to open links):

We infer from the findings in this study that the volatility left, after controlling for every known determinant, reflects the influence of the 1997 capital gains tax rate cut. Stock return volatility was substantially greater after 1997. Furthermore, firms most affected by the rate reduction showed the greatest change in volatility. Specifically, non-dividend paying firms had a greater increase in volatility than dividend-paying firms and firms with large unrealized capital losses experienced a greater increase in volatility than firms with small unrealized losses.

In short, the NYU Study showed the Capital Gains Tax Cut was the reason for the stock volatility that would culminate in the 2000 bubble pop. So if we hadn't cut taxes, there would most likely not have been a dotcom bubble.

The slow growth happened immediately after the Bush Tax Cuts were passed in 2001.

Bush signed the tax cuts into law in June 2001. The recession started in March 2001.

And they were phased in. Do you know how incentives work?

would seem to indicate that businesses knew this tax cut was a sham...hence the poor growth for 2001 and 2002.

When the tax cuts were fully implemented in 2003, were they still a sham?

So the economic growth for 2003 was attributed to the housing market

Who attributed it to the housing market? Any backup?
What percentage of the economy is housing? Flesh out the numbers.

Ergo, the inevitable
collapse of that housing market was a result of the tax cuts which caused the housing market to grow in the first place.

That's funny!!
All the other housing market bubbles around the world, were they also caused by tax cuts that would inevitably lead to collapse?

Link?

We were sold the promise that tax cuts "pay for themselves" and create all this growth that we'd be so awash in revenues

You said middle class tax cuts are revenue neutral and cause no growth.

If you're now saying that tax cuts do not pay for themselves

I never claimed they did, except for capital gains.

then that completely undermines your argument that they create growth. If they did create growth, then they would pay for themselves.

They create growth, they partially pay for themselves.
Win-win.

Stock return volatility was substantially greater after 1997

Volatility? Awesome! You claimed it caused the bubble.
Try again?
 
If no one has any money to spend, now, why do you feel Obama did an awesome job?

I never said he did or didn't. What I've said is that Conservatives undermined economic recovery for political purposes. The states that embraced Obama did better than those who didn't. And we can see that play out in Kansas right now.

BTW - Q1 GDP growth for 2017 was just 0.7%. So demand isn't there, despite Trump being in office and the Conservatives controlling DC.


Flint was caused by bottled water?
If you get a chance, please list all your current medications.
I fear you have a drug interaction that is cutting your IQ in half. And you had none to spare to begin with.

Conservatives sought to push people to the private sector by deliberately undermining public works. They're now trying to give Nestle water in Michigan that would otherwise go to citizens.

The states that embraced Obama did better than those who didn't.

Is that why things are so great in Illinois?

BTW - Q1 GDP growth for 2017 was just 0.7%. So demand isn't there

I already explained what happens when companies are started and hire.
What happens when companies expand hiring and increase wages.
Why do you keep claiming there is no demand? Doesn't demand increase when wages do?
Doesn't demand increase when people are optimistic about future economic prospects?

Your claims appear to be those of a very young person with no real world experience.

Conservatives sought to push people to the private sector by deliberately undermining public works.

So Flint wasn't caused by bottled water. Thanks!

They're now trying to give Nestle water in Michigan that would otherwise go to citizens


Someone wants to give public water to Nestle? That's awful. Show me.
 
Taxes reduce profits.

Right, but they don't eliminate profits. What you all have failed to articulate is how increased profits translate to increased demand, unless you apply trickle-down theory. So is that what you're doing?


Keep taxes high, and you just increase motivation to hide profits and shield them from taxation. It's as if pro-taxers never account for human behavior.

The average effective corporate tax rate in this country is about 12.4%. So it's already low. By contrast, the average effective individual tax rate is about 17.4%. So if corporations are people, shouldn't they pay taxes like people?

The average effective corporate tax rate in this country is about 12.4%.


But how could a company pay less than 35% on their net profit?
Please explain.
 
Tax Cuts do a lot of things; increase deficits, explode debts, hurt wage growth...but in concert with unlimited campaign contributions, they actually steal our democracy. The average politician spends about 80% of their time raising money. And from whom are they generally raising the most money? From wealthy donors. And what benefits wealthy donors? Tax cuts. Here are some handy charts showing the extent of the theft of wealth and democracy by the 1% and their Conservative and Neo-Liberal enablers. Since the Reagan tax cuts, working people’s share of the benefits from increased productivity took a sudden turn down:

4700012209_18276d0c46.jpg


This resulted in intense concentration of wealth at the top:

4700060215_0477b289de.jpg


And forced working people to spend down savings to get by:

4700643546_80a3d84fef.jpg


Which forced working people to go into debt: (total household debt as percentage of GDP)

4700668450_970ffe0d65.jpg


None of which has helped economic growth much: (12-quarter rolling average nominal GDP growth.):

4700714208_cc79961841.jpg


So the conclusion? Trump and the Conservatives' "tax reform" is just more of the same we've heard from them since 1980, and is just a thinly veiled attempt to redistribute wealth from the middle and bottom to the top.

Tax Cuts do a lot of things; increase deficits, explode debts, hurt wage growth

How do tax cuts hurt wage growth?
Financing more debt means less disposable income.

I agree, we need massive cuts in government spending.
 
Tax Cuts do a lot of things; increase deficits, explode debts, hurt wage growth...but in concert with unlimited campaign contributions, they actually steal our democracy. The average politician spends about 80% of their time raising money. And from whom are they generally raising the most money? From wealthy donors. And what benefits wealthy donors? Tax cuts. Here are some handy charts showing the extent of the theft of wealth and democracy by the 1% and their Conservative and Neo-Liberal enablers. Since the Reagan tax cuts, working people’s share of the benefits from increased productivity took a sudden turn down:

4700012209_18276d0c46.jpg


This resulted in intense concentration of wealth at the top:

4700060215_0477b289de.jpg


And forced working people to spend down savings to get by:

4700643546_80a3d84fef.jpg


Which forced working people to go into debt: (total household debt as percentage of GDP)

4700668450_970ffe0d65.jpg


None of which has helped economic growth much: (12-quarter rolling average nominal GDP growth.):

4700714208_cc79961841.jpg


So the conclusion? Trump and the Conservatives' "tax reform" is just more of the same we've heard from them since 1980, and is just a thinly veiled attempt to redistribute wealth from the middle and bottom to the top.
Back in 1776 the tax rate on the US citizen was around 3% and the people rose up and went to war with the punishing government. Today many sheeple pay well over 33% of their hard earned income to a suppressing government just so they can redistribute it to lazy liberal mother fuckers who don't want to work so they can survive. Every time the liberals start campaigning they HOWL how Social Security is going bankrupt and the evil R's want to take it away, yet you never hear from the Libtards, that WELFARE is going bankrupt, because working people pay into the SS system, expecting something back when they retire, those that sit on their liberal sorry asses, expect something but never contribute into it. Liberals hate this country, they hate everyone who works, and really could care less about those that don't do anything, except continue to vote for the same people who give them free stuff. That right there is the "TRUE" stealing of "Democracy". What I earn should be mine not someone elses who didn't earn it. A good liberal is a dead liberal, please abort more liberals in planned parenthood.

View attachment 121451
Our defense spending has increased by a factor of 50 and you're complaining that the tax rate increase by factor 10.
 
Tax Cuts do a lot of things; increase deficits, explode debts, hurt wage growth...but in concert with unlimited campaign contributions, they actually steal our democracy. The average politician spends about 80% of their time raising money. And from whom are they generally raising the most money? From wealthy donors. And what benefits wealthy donors? Tax cuts. Here are some handy charts showing the extent of the theft of wealth and democracy by the 1% and their Conservative and Neo-Liberal enablers. Since the Reagan tax cuts, working people’s share of the benefits from increased productivity took a sudden turn down:

4700012209_18276d0c46.jpg


This resulted in intense concentration of wealth at the top:

4700060215_0477b289de.jpg


And forced working people to spend down savings to get by:

4700643546_80a3d84fef.jpg


Which forced working people to go into debt: (total household debt as percentage of GDP)

4700668450_970ffe0d65.jpg


None of which has helped economic growth much: (12-quarter rolling average nominal GDP growth.):

4700714208_cc79961841.jpg


So the conclusion? Trump and the Conservatives' "tax reform" is just more of the same we've heard from them since 1980, and is just a thinly veiled attempt to redistribute wealth from the middle and bottom to the top.
Back in 1776 the tax rate on the US citizen was around 3% and the people rose up and went to war with the punishing government. Today many sheeple pay well over 33% of their hard earned income to a suppressing government just so they can redistribute it to lazy liberal mother fuckers who don't want to work so they can survive. Every time the liberals start campaigning they HOWL how Social Security is going bankrupt and the evil R's want to take it away, yet you never hear from the Libtards, that WELFARE is going bankrupt, because working people pay into the SS system, expecting something back when they retire, those that sit on their liberal sorry asses, expect something but never contribute into it. Liberals hate this country, they hate everyone who works, and really could care less about those that don't do anything, except continue to vote for the same people who give them free stuff. That right there is the "TRUE" stealing of "Democracy". What I earn should be mine not someone elses who didn't earn it. A good liberal is a dead liberal, please abort more liberals in planned parenthood.

View attachment 121451
Our defense spending has increased by a factor of 50 and you're complaining that the tax rate increase by factor 10.

defense spending is obviously too low given recent defeats and inability to shoot down Iranian and North Korean nukes aimed at us!! Unless of course gutless liberals want to go to war against North Korea and Iran??
 
Back in 1776 the tax rate on the US citizen was around 3% and the people rose up and went to war with the punishing government.

Ummm...no, they revolted because of a tax on tea, not income. 1776 is also 240+ years ago, and the problems of the 18th century are not the same problems we face in the 21st century. You wouldn't treat cancer with leeches, would you? So why would you apply 18th-century thinking to 21st-century problems? It doesn't make a whole lot of sense.

Every time the liberals start campaigning they HOWL how Social Security is going bankrupt and the evil R's want to take it away, yet you never hear from the Libtards, that WELFARE is going bankrupt, because working people pay into the SS system, expecting something back when they retire, those that sit on their liberal sorry asses, expect something but never contribute into it.

First, liberals do not howl that SS is going bankrupt, Conservatives do. And it's not "going bankrupt". SS can still pay full benefits out until 2030, which is 13 years away. Hardly an immediate problem. Secondly, if you are going to make the argument that SS is going bankrupt and needs to be fixed, the simple solution is to just remove the cap on taxable SS income, that way everyone pays the same % of their income into SS. Right now, the cap is around $120K/yr. That covers up to about 90% of all workers. Once you surpass $120K in income, none of it is taxed for SS. That doesn't make a lot of sense, does it? By just removing the cap on taxable SS income, you extend SS's solvency by decades. As far as welfare goes, the biggest welfare queens are red state legislatures who take the welfare block grant (reformed by Conservatives in the 90's) and apply as much as they can of that block grant to the deficits caused by their taxation policies. All red states do that, but some are worse than others. Kansas, for example, cut taxes, saw its deficits and debt spike, saw its credit downgraded at least twice, cut education spending, raided the Highway Fund, and raided as much of the Welfare block grant that was legally allowed, and still couldn't balance its budget. It's not welfare that's bankrupt, it's red states who use the welfare to paper over the deficits caused by their tax policies who are the ones "bankrupt" here. The Conservative proposal that didn't even get a vote in the House would have changed Medicaid to a block grant as well, which means red staters would use that block grant not for health care, but to paper over the holes in their budgets created by their poor taxation and economic policies.

if you are going to make the argument that SS is going bankrupt and needs to be fixed, the simple solution is to just remove the cap on taxable SS income, that way everyone pays the same % of their income into SS.

If you double, for instance, the tax a rich guy pays into SS, you have to double, basically, the benefit he receives. That would seem to make the problem worse, not better.
Why don't the liberals ever say that Welfare is going bankrupt? Because liberals love to scare the begezus out of the old people who worked hard and had to have their money FORCED into their government retirement. Poor people don't contribute shit to Welfare so have nothing to lose. But demand everything.

 
Tax Cuts do a lot of things; increase deficits, explode debts, hurt wage growth...but in concert with unlimited campaign contributions, they actually steal our democracy. The average politician spends about 80% of their time raising money. And from whom are they generally raising the most money? From wealthy donors. And what benefits wealthy donors? Tax cuts. Here are some handy charts showing the extent of the theft of wealth and democracy by the 1% and their Conservative and Neo-Liberal enablers. Since the Reagan tax cuts, working people’s share of the benefits from increased productivity took a sudden turn down:

4700012209_18276d0c46.jpg


This resulted in intense concentration of wealth at the top:

4700060215_0477b289de.jpg


And forced working people to spend down savings to get by:

4700643546_80a3d84fef.jpg


Which forced working people to go into debt: (total household debt as percentage of GDP)

4700668450_970ffe0d65.jpg


None of which has helped economic growth much: (12-quarter rolling average nominal GDP growth.):

4700714208_cc79961841.jpg


So the conclusion? Trump and the Conservatives' "tax reform" is just more of the same we've heard from them since 1980, and is just a thinly veiled attempt to redistribute wealth from the middle and bottom to the top.
Back in 1776 the tax rate on the US citizen was around 3% and the people rose up and went to war with the punishing government. Today many sheeple pay well over 33% of their hard earned income to a suppressing government just so they can redistribute it to lazy liberal mother fuckers who don't want to work so they can survive. Every time the liberals start campaigning they HOWL how Social Security is going bankrupt and the evil R's want to take it away, yet you never hear from the Libtards, that WELFARE is going bankrupt, because working people pay into the SS system, expecting something back when they retire, those that sit on their liberal sorry asses, expect something but never contribute into it. Liberals hate this country, they hate everyone who works, and really could care less about those that don't do anything, except continue to vote for the same people who give them free stuff. That right there is the "TRUE" stealing of "Democracy". What I earn should be mine not someone elses who didn't earn it. A good liberal is a dead liberal, please abort more liberals in planned parenthood.

View attachment 121451
Our defense spending has increased by a factor of 50 and you're complaining that the tax rate increase by factor 10.
War on poverty cost
The War on Poverty has cost $22 trillion -- three times more than what the government has spent on all wars in American history. Federal and state governments spend $1 trillion in taxpayer dollars on America's 80 means-tested welfare programs annually.
The War on Poverty Has Cost $22 Trillion - NCPA
ncpa.org/sub/dpd/index.php?article_id=25288
 
Yup. We should cut individual taxes to 12%. That would be cool.

But you said taxes are too high. So you're contradicting yourself all over the place.

You may as well just put me on ignore now since we know that's where you're headed.
1. Of course taxes are too high. That why we should CUT them. Did you miss that part?
2. I don't put anyone on ignore.
 
Tax cuts steal democracy? The more you cut taxes the more the people have power and the less government has power. Therefore tax cuts protect and secure democracy rather then steal it.this is something a child could understand but not a liberal.
 
Tax cuts steal democracy? The more you cut taxes the more the people have power and the less government has power. Therefore tax cuts protect and secure democracy rather then steal it.this is something a child could understand but not a liberal.
Moonbattery: Psychiatrist Confirms: Liberalism Is a Mental Disorder
Based on strikingly irrational beliefs and emotions, modern liberals relentlessly undermine the most important principles on which our freedoms were founded. Like spoiled, angry children, they rebel against the normal responsibilities of adulthood and demand that a parental government meet their needs from cradle to grave.
Without Uncle Sugar there to take care of them, if any program is lowered or done away with, then that could mean people like Julia might not have Uncle Sugar there to take care of them. It is a mental disorder.


 
Tax cuts steal democracy? The more you cut taxes the more the people have power and the less government has power. Therefore tax cuts protect and secure democracy rather then steal it.this is something a child could understand but not a liberal.
Moonbattery: Psychiatrist Confirms: Liberalism Is a Mental Disorder
Based on strikingly irrational beliefs and emotions, modern liberals relentlessly undermine the most important principles on which our freedoms were founded. Like spoiled, angry children, they rebel against the normal responsibilities of adulthood and demand that a parental government meet their needs from cradle to grave.
Without Uncle Sugar there to take care of them, if any program is lowered or done away with, then that could mean people like Julia might not have Uncle Sugar there to take care of them. It is a mental disorder.



This is true. Liberalism is about leaching it encourages the leechor and the leechee not to work And thus ultimately destroys our country. This is how the Soviet union in Communist China Slowly starved of 120 million to death
 
Taxes reduce profits.

Right, but they don't eliminate profits. What you all have failed to articulate is how increased profits translate to increased demand, unless you apply trickle-down theory. So is that what you're doing?


Keep taxes high, and you just increase motivation to hide profits and shield them from taxation. It's as if pro-taxers never account for human behavior.

The average effective corporate tax rate in this country is about 12.4%. So it's already low. By contrast, the average effective individual tax rate is about 17.4%. So if corporations are people, shouldn't they pay taxes like people?

The average effective corporate tax rate in this country is about 12.4%.


But how could a company pay less than 35% on their net profit?
Please explain.
Employers get a tax break for labor costs; Labor does not get a tax break for labor costs.
 
Tax Cuts do a lot of things; increase deficits, explode debts, hurt wage growth...but in concert with unlimited campaign contributions, they actually steal our democracy. The average politician spends about 80% of their time raising money. And from whom are they generally raising the most money? From wealthy donors. And what benefits wealthy donors? Tax cuts. Here are some handy charts showing the extent of the theft of wealth and democracy by the 1% and their Conservative and Neo-Liberal enablers. Since the Reagan tax cuts, working people’s share of the benefits from increased productivity took a sudden turn down:

4700012209_18276d0c46.jpg


This resulted in intense concentration of wealth at the top:

4700060215_0477b289de.jpg


And forced working people to spend down savings to get by:

4700643546_80a3d84fef.jpg


Which forced working people to go into debt: (total household debt as percentage of GDP)

4700668450_970ffe0d65.jpg


None of which has helped economic growth much: (12-quarter rolling average nominal GDP growth.):

4700714208_cc79961841.jpg


So the conclusion? Trump and the Conservatives' "tax reform" is just more of the same we've heard from them since 1980, and is just a thinly veiled attempt to redistribute wealth from the middle and bottom to the top.

Tax Cuts do a lot of things; increase deficits, explode debts, hurt wage growth

How do tax cuts hurt wage growth?
Financing more debt means less disposable income.

I agree, we need massive cuts in government spending.
The right wing always claims that, but they never seem to advance a "second wave" whenever it is about the drug war.

Don't "hate on the poor"; abolish the drug war, instead.
 
Tax Cuts do a lot of things; increase deficits, explode debts, hurt wage growth...but in concert with unlimited campaign contributions, they actually steal our democracy. The average politician spends about 80% of their time raising money. And from whom are they generally raising the most money? From wealthy donors. And what benefits wealthy donors? Tax cuts. Here are some handy charts showing the extent of the theft of wealth and democracy by the 1% and their Conservative and Neo-Liberal enablers. Since the Reagan tax cuts, working people’s share of the benefits from increased productivity took a sudden turn down:

4700012209_18276d0c46.jpg


This resulted in intense concentration of wealth at the top:

4700060215_0477b289de.jpg


And forced working people to spend down savings to get by:

4700643546_80a3d84fef.jpg


Which forced working people to go into debt: (total household debt as percentage of GDP)

4700668450_970ffe0d65.jpg


None of which has helped economic growth much: (12-quarter rolling average nominal GDP growth.):

4700714208_cc79961841.jpg


So the conclusion? Trump and the Conservatives' "tax reform" is just more of the same we've heard from them since 1980, and is just a thinly veiled attempt to redistribute wealth from the middle and bottom to the top.
Back in 1776 the tax rate on the US citizen was around 3% and the people rose up and went to war with the punishing government. Today many sheeple pay well over 33% of their hard earned income to a suppressing government just so they can redistribute it to lazy liberal mother fuckers who don't want to work so they can survive. Every time the liberals start campaigning they HOWL how Social Security is going bankrupt and the evil R's want to take it away, yet you never hear from the Libtards, that WELFARE is going bankrupt, because working people pay into the SS system, expecting something back when they retire, those that sit on their liberal sorry asses, expect something but never contribute into it. Liberals hate this country, they hate everyone who works, and really could care less about those that don't do anything, except continue to vote for the same people who give them free stuff. That right there is the "TRUE" stealing of "Democracy". What I earn should be mine not someone elses who didn't earn it. A good liberal is a dead liberal, please abort more liberals in planned parenthood.

View attachment 121451
Our defense spending has increased by a factor of 50 and you're complaining that the tax rate increase by factor 10.
Interesting point. Wartime tax rates must be considered both necessary and proper, during real times of war, or merely for prosecuting the general warfare and any given, common offense.

Why does our commander in chief, believe we can lower taxes on the one percent, during alleged times of war?

We have a Commerce Clause in our supreme law of the land.
 
Last edited:
Tax Cuts do a lot of things; increase deficits, explode debts, hurt wage growth...but in concert with unlimited campaign contributions, they actually steal our democracy. The average politician spends about 80% of their time raising money. And from whom are they generally raising the most money? From wealthy donors. And what benefits wealthy donors? Tax cuts. Here are some handy charts showing the extent of the theft of wealth and democracy by the 1% and their Conservative and Neo-Liberal enablers. Since the Reagan tax cuts, working people’s share of the benefits from increased productivity took a sudden turn down:

4700012209_18276d0c46.jpg


This resulted in intense concentration of wealth at the top:

4700060215_0477b289de.jpg


And forced working people to spend down savings to get by:

4700643546_80a3d84fef.jpg


Which forced working people to go into debt: (total household debt as percentage of GDP)

4700668450_970ffe0d65.jpg


None of which has helped economic growth much: (12-quarter rolling average nominal GDP growth.):

4700714208_cc79961841.jpg


So the conclusion? Trump and the Conservatives' "tax reform" is just more of the same we've heard from them since 1980, and is just a thinly veiled attempt to redistribute wealth from the middle and bottom to the top.
Back in 1776 the tax rate on the US citizen was around 3% and the people rose up and went to war with the punishing government. Today many sheeple pay well over 33% of their hard earned income to a suppressing government just so they can redistribute it to lazy liberal mother fuckers who don't want to work so they can survive. Every time the liberals start campaigning they HOWL how Social Security is going bankrupt and the evil R's want to take it away, yet you never hear from the Libtards, that WELFARE is going bankrupt, because working people pay into the SS system, expecting something back when they retire, those that sit on their liberal sorry asses, expect something but never contribute into it. Liberals hate this country, they hate everyone who works, and really could care less about those that don't do anything, except continue to vote for the same people who give them free stuff. That right there is the "TRUE" stealing of "Democracy". What I earn should be mine not someone elses who didn't earn it. A good liberal is a dead liberal, please abort more liberals in planned parenthood.

View attachment 121451
Our defense spending has increased by a factor of 50 and you're complaining that the tax rate increase by factor 10.

defense spending is obviously too low given recent defeats and inability to shoot down Iranian and North Korean nukes aimed at us!! Unless of course gutless liberals want to go to war against North Korea and Iran??
Are you advocating for wartime tax rates?
 
Back in 1776 the tax rate on the US citizen was around 3% and the people rose up and went to war with the punishing government.

Ummm...no, they revolted because of a tax on tea, not income. 1776 is also 240+ years ago, and the problems of the 18th century are not the same problems we face in the 21st century. You wouldn't treat cancer with leeches, would you? So why would you apply 18th-century thinking to 21st-century problems? It doesn't make a whole lot of sense.

Every time the liberals start campaigning they HOWL how Social Security is going bankrupt and the evil R's want to take it away, yet you never hear from the Libtards, that WELFARE is going bankrupt, because working people pay into the SS system, expecting something back when they retire, those that sit on their liberal sorry asses, expect something but never contribute into it.

First, liberals do not howl that SS is going bankrupt, Conservatives do. And it's not "going bankrupt". SS can still pay full benefits out until 2030, which is 13 years away. Hardly an immediate problem. Secondly, if you are going to make the argument that SS is going bankrupt and needs to be fixed, the simple solution is to just remove the cap on taxable SS income, that way everyone pays the same % of their income into SS. Right now, the cap is around $120K/yr. That covers up to about 90% of all workers. Once you surpass $120K in income, none of it is taxed for SS. That doesn't make a lot of sense, does it? By just removing the cap on taxable SS income, you extend SS's solvency by decades. As far as welfare goes, the biggest welfare queens are red state legislatures who take the welfare block grant (reformed by Conservatives in the 90's) and apply as much as they can of that block grant to the deficits caused by their taxation policies. All red states do that, but some are worse than others. Kansas, for example, cut taxes, saw its deficits and debt spike, saw its credit downgraded at least twice, cut education spending, raided the Highway Fund, and raided as much of the Welfare block grant that was legally allowed, and still couldn't balance its budget. It's not welfare that's bankrupt, it's red states who use the welfare to paper over the deficits caused by their tax policies who are the ones "bankrupt" here. The Conservative proposal that didn't even get a vote in the House would have changed Medicaid to a block grant as well, which means red staters would use that block grant not for health care, but to paper over the holes in their budgets created by their poor taxation and economic policies.

if you are going to make the argument that SS is going bankrupt and needs to be fixed, the simple solution is to just remove the cap on taxable SS income, that way everyone pays the same % of their income into SS.

If you double, for instance, the tax a rich guy pays into SS, you have to double, basically, the benefit he receives. That would seem to make the problem worse, not better.
Why don't the liberals ever say that Welfare is going bankrupt? Because liberals love to scare the begezus out of the old people who worked hard and had to have their money FORCED into their government retirement. Poor people don't contribute shit to Welfare so have nothing to lose. But demand everything.


dear, don't "hate on the poor" for being better at tax avoidance, than Mr. Trump.

don't complain, be Patriotic.
 
Tax Cuts do a lot of things; increase deficits, explode debts, hurt wage growth...but in concert with unlimited campaign contributions, they actually steal our democracy. The average politician spends about 80% of their time raising money. And from whom are they generally raising the most money? From wealthy donors. And what benefits wealthy donors? Tax cuts. Here are some handy charts showing the extent of the theft of wealth and democracy by the 1% and their Conservative and Neo-Liberal enablers. Since the Reagan tax cuts, working people’s share of the benefits from increased productivity took a sudden turn down:

4700012209_18276d0c46.jpg


This resulted in intense concentration of wealth at the top:

4700060215_0477b289de.jpg


And forced working people to spend down savings to get by:

4700643546_80a3d84fef.jpg


Which forced working people to go into debt: (total household debt as percentage of GDP)

4700668450_970ffe0d65.jpg


None of which has helped economic growth much: (12-quarter rolling average nominal GDP growth.):

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So the conclusion? Trump and the Conservatives' "tax reform" is just more of the same we've heard from them since 1980, and is just a thinly veiled attempt to redistribute wealth from the middle and bottom to the top.
Back in 1776 the tax rate on the US citizen was around 3% and the people rose up and went to war with the punishing government. Today many sheeple pay well over 33% of their hard earned income to a suppressing government just so they can redistribute it to lazy liberal mother fuckers who don't want to work so they can survive. Every time the liberals start campaigning they HOWL how Social Security is going bankrupt and the evil R's want to take it away, yet you never hear from the Libtards, that WELFARE is going bankrupt, because working people pay into the SS system, expecting something back when they retire, those that sit on their liberal sorry asses, expect something but never contribute into it. Liberals hate this country, they hate everyone who works, and really could care less about those that don't do anything, except continue to vote for the same people who give them free stuff. That right there is the "TRUE" stealing of "Democracy". What I earn should be mine not someone elses who didn't earn it. A good liberal is a dead liberal, please abort more liberals in planned parenthood.

View attachment 121451
Our defense spending has increased by a factor of 50 and you're complaining that the tax rate increase by factor 10.
War on poverty cost
The War on Poverty has cost $22 trillion -- three times more than what the government has spent on all wars in American history. Federal and state governments spend $1 trillion in taxpayer dollars on America's 80 means-tested welfare programs annually.
The War on Poverty Has Cost $22 Trillion - NCPA
ncpa.org/sub/dpd/index.php?article_id=25288
I have to question those numbers; because, our wars on crime, drugs, and terror are not under defense spending.
 

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