To BO it's all about 'fairness", not solutions

[tap4154]

Two things are very clear; when the CG tax rate is increased, the CG revenue generated is not increased. When CG tax rate is reduced, there is a great increase in CG revenue generated.

Anyone that can't see that needs to just STFU and move on to a Kim Kardashian thread!

 

[NYcarbineer]

A flat tax would solve the whole "fairness" issue. One tax rate for all.

.

The flat tax 'fairness' wrongly assumes that the first dollar a person earns is no more valuable to him than the millionth dollar he earns.

 

[bripat9643]

Thanks for proving Gibson was right!

When the CG tax rate is lowered, revenue increases!

this chart does NOT show what you clam in the OP

why does it merely have spikes and then retank during the low rates?

Because investors know the higher tax rates are coming. They sell off all their winners as a result.

 

[GuyPinestra]

We already tried right wing "give everything to the rich" fiscal plans for decades, they never worked.

Everyone pays their fair share democratic plans have been proven to work.

The problem with THAT idea is that 'everyone pays' excludes half the nation.

 

[tap4154]

this chart does NOT show what you clam in the OP

why does it merely have spikes and then retank during the low rates?

Because investors know the higher tax rates are coming. They sell off all their winners as a result.

Libs don't seem to think investors and rich folks have brains. Libs don't realize that they keep on top of these things, and adjust accordingly. Just like the folks moving out of California for lower tax and less-regulated states to live and do business in. Libs think they can increase tax rates as much as they wish, and folks will just stay and pay them, and keep on hiring and investing. Libs are FUCKING MORONS.

 

[Truthmatters]

because we set it that way to keep from having debters prisons

 

[Truthmatters]

why does it merely have spikes and then retank during the low rates?

Because investors know the higher tax rates are coming. They sell off all their winners as a result.

Libs don't seem to think investors and rich folks have brains. Libs don't realize that they keep on top of these things, and adjust accordingly. Just like the folks moving out of California for a lower tax and less-regulated states to live and do business in. Libs think they can increase tax rates as much as they wish, and folks will just stay and pay them, and keep on hiring and investing. Libs are FUCKING MORONS.

Why does it then tank under the low rates again?

they are spikes and DONT prove that raising these rates ALWAYS leads to long term revenue drops.

Your theory is not shown by the facts

 

[tap4154]

Because investors know the higher tax rates are coming. They sell off all their winners as a result.

Libs don't seem to think investors and rich folks have brains. Libs don't realize that they keep on top of these things, and adjust accordingly. Just like the folks moving out of California for a lower tax and less-regulated states to live and do business in. Libs think they can increase tax rates as much as they wish, and folks will just stay and pay them, and keep on hiring and investing. Libs are FUCKING MORONS.

Why does it then tank under the low rates again?

they are spikes and DONT prove that raising these rates ALWAYS leads to long term revenue drops.

Your theory is not shown by the facts

Are you an adult human being, or is the dog in the avatar posting?

 

[Truthmatters]

the chart does NOT back your accertions

 

[Truthmatters]

from 1975 to 1980 the revenues rise under the 35% until they dip back after they are lowered.

You claimed it only did one thing when you rise the rate.

You lied and now your lying in the face of facts

 

[Truthmatters]

this chart does NOT show what you clam in the OP

why does it merely have spikes and then retank during the low rates?

Because investors know the higher tax rates are coming. They sell off all their winners as a result.

look at the chart

 

[Truthmatters]

http://www.econlib.org/library/Enc/art/lfHendersonCEE2_figure_004.jpg


check out this chart.

it is NOT as the right claims it is

Thanks for proving Gibson was right!

When the CG tax rate is lowered, revenue increases!

this chart does NOT show what you clam in the OP

yes lying about the information is not going to fly

 

[Stephanie]

I really wish he would stop using the word fair, it's grating.

and i wish fairness would stop offending people on the right.

do you think that the 'sacrifice' should be shared or should it all be dumped on the people who can afford it least?

LOL, I bet you "share" and "sacrifice" all that lawyers salary..
good grief, you and Obama take people in country for idiots. But as we see MANY of his base takes his shit seriously

 

[Truthmatters]

the claim on the right about caplital gains taxes is bullshit

 

[tap4154]

the claim on the right about caplital gains taxes is bullshit

Say that 1,000 more times, and maybe it'll become true LOL!!!

And you're calling Charlie Gibson a liar?

Sorry that you can't understand charts, but I'm done with you, fido.


CHARLIE GIBSON: And in each instance, when the rate dropped, revenues from the tax increased. The government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down. So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?

 

[Rozman]

There is no getting away from it the Libs love high taxes.
The Righties love fair taxes.

 

[jillian]

Raising tax rates provides a small short-lived spike in revenue, then things level back out as folks find shelter, and make other adjustments, which usually lead to less jobs.

So as you can see in the chart, when the top rate was slashed, revenue stayed fairly constant as well because we had more jobs and economic activity, and a larger tax base.

"Trickle down", but it's far more than a trickle.

Trickle down is a proven failure:

You might want to read this instead of relying on misinformation and disinformation.

http://www.dpcc.senate.gov/files/documents/CRSTaxesandtheEconomy Top Rates.pdf

 

[jillian]

There is no getting away from it the Libs love high taxes.
The Righties love fair taxes.

funny... near as i can tell.. the righties don't want ANY taxes...and don't want to pay for their wars and don't want to pay for the federal government to do anything but wage war.

so how about a little honesty?

thanks.

 

[tap4154]

All higher tax rates do is suppress economic growth and jobs.

No matter what the tax rate is, revenue remains pretty constant.

So, if you want to further suppress economic growth and jobs, raise tax rates. But you won't see any increased revenue, except perhaps in the first year, and more folks will be unemployed and on various entitlements, taking even more revenue away, and increasing our national debt.

 

[Rozman]

Barrack Obama and the Democrats job is to go after successful people.
They need to be brought to their knees so they will have to depend on big government.
Nothing drives Democrats more insane then people being able to be successful and wealthy.