Toddsterpatriot
Diamond Member
It did a good job of drowning any kind of counter argument you thought you were going to have now didn't it?That's because they don't. A tax increase causes prices to rise.
I already did that through the vulture chart.
The vulture chart proved I didn't get higher after tax income? How do you figure that?
I admitted that tax cuts are of no consequential benefit to me because of the increased prices on goods and services.
You failed to prove the claim that tax cuts cause prices to rise.It is very much connected, because wages have been flat for the last forty years, as evidenced by the Vulture chart. What good is a tax cut when wages stay flat, and goods and services go up? The end result is that the consumer went no where. Simple math can figure that out for us. There is nothing insane about that logic. It's just simple logic and math.If prices go up, what higher after tax income did you get? You're back to where you were right? Your questions are nonsensical as always.That's because they don't. A tax increase causes prices to rise.
I never said tax cuts cause prices to go up. You did. I said, when prices of goods and services go up, the tax cut is of no consequence to me. Prices for goods and services may go up as a result of a tax cut because companies and businesses recognize the tax income increase. I wouldn't know. That's up to them.I was just stating a fact that happened this time with the so called higher income tax benefit. Personally I never got an added tax income benefit last year.
And by the way, this isn't what my thread is about. Why don't you start one?
Tax hikes cause prices to raise. I never saw where he said anything but that.
Tax cuts cause prices to decline. I never saw where said anything but that.
Based on a higher prices for goods and services and flat wages, tax cuts have zero meaning for consumers
You said this, correct? That is insane. Since the prices of goods and services are in no way connected to my payroll taxes, me having more of the money I rightfully earned, will always have "meaning" to me a consumer.
Why would you think otherwise?
wages have been flat for the last forty years, as evidenced by the Vulture chart.
View attachment 238822
You need a chart without such a crappy scale to better prove your point.
No, a poorly scaled chart didn't impact my argument about tax cuts increasing my after tax income.