What happens when you excessivily tax people?

None of the scenarios involve increasing gov revenues to cover the huge deficeit Barry keeps expanding.

You cannot tax your way out of this, they have to STOP SPENDING.

Starting with Barrycare.

If they want reform, then do reform, make insurance companies cover all and cap the rates while allowing interstate sales and comprehensive tort reform.

THAT is ALL that is needed, not 'public options' and other sundry Barryish mumbo jumbo.

The only mumbo jumbo is your post.

The public option will save money in the long run.

And the vast majority of the National Debt was created by Reagan and Bush lowering taxes for the rich.
Imbecile.
 
In the 1980’s Ronald Reagan ushered in a new era in American economics as he cut the top tax bracket from 70% down to 50% and then down again to 28%. In order to get support for doing this from the people, and also from politicians, a very crafty set of lies were produced. As David Stockman, then Reagan’s budget director, put it: giving small tax cuts across the board to all brackets was simply a “Trojan Horse” that was used to get approval for the huge top tax bracket cuts. “Trickle-Down” was a term used by Republicans that meant giving tax cuts to the rich. Stockman explains that:

"It's kind of hard to sell 'trickle down,' so the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory."

"Yes, Stockman conceded, when one stripped away the new rhetoric emphasizing across-the-board cuts, the supply-side theory was really new clothes for the unpopular doctrine of the old Republican orthodoxy."

"…the Reagan coalition prevailed again in the House and Congress passed the tax-cut legislation with a final frenzy of trading and bargaining. Again, Stockman was not exhilarated by the victory. On the contrary, it seemed to leave a bad taste in his mouth, as though the democratic process had finally succeeded in shocking him by its intensity and its greed. Once again, Stockman participated in the trading -- special tax concessions for oil -- lease holders and real-estate tax shelters, and generous loopholes that virtually eliminated the corporate income tax. Stockman sat in the room and saw it happen."

"'Do you realize the greed that came to the forefront?' Stockman asked with wonder. 'The hogs were really feeding. The greed level, the level of opportunism, just got out of control.'"

The Education of David Stockman 1981:

Trickle Down economics was a Trojan Horse
That marked the end of the middle class in America.
Up until Reagan one income could support a family and buy a home.
 
In the 1980’s Ronald Reagan ushered in a new era in American economics as he cut the top tax bracket from 70% down to 50% and then down again to 28%. In order to get support for doing this from the people, and also from politicians, a very crafty set of lies were produced. As David Stockman, then Reagan’s budget director, put it: giving small tax cuts across the board to all brackets was simply a “Trojan Horse” that was used to get approval for the huge top tax bracket cuts. “Trickle-Down” was a term used by Republicans that meant giving tax cuts to the rich. Stockman explains that:

"It's kind of hard to sell 'trickle down,' so the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory."

"Yes, Stockman conceded, when one stripped away the new rhetoric emphasizing across-the-board cuts, the supply-side theory was really new clothes for the unpopular doctrine of the old Republican orthodoxy."

"…the Reagan coalition prevailed again in the House and Congress passed the tax-cut legislation with a final frenzy of trading and bargaining. Again, Stockman was not exhilarated by the victory. On the contrary, it seemed to leave a bad taste in his mouth, as though the democratic process had finally succeeded in shocking him by its intensity and its greed. Once again, Stockman participated in the trading -- special tax concessions for oil -- lease holders and real-estate tax shelters, and generous loopholes that virtually eliminated the corporate income tax. Stockman sat in the room and saw it happen."

"'Do you realize the greed that came to the forefront?' Stockman asked with wonder. 'The hogs were really feeding. The greed level, the level of opportunism, just got out of control.'"

The Education of David Stockman 1981:

Trickle Down economics was a Trojan Horse
That marked the end of the middle class in America.
Up until Reagan one income could support a family and buy a home.
Up until Barry Chimpola* was the biggest deficet maker, Barry blew him out of the water.

Talking about Reagan when you have Barry doubling the previous highest in only a year is ludicrous.

*edit: Chissy is too stupid to grasp that chimpola refers to Geroge W Bush, like all morons he assumed it was a racial insult to Barry the dickhead. Just another thing he is wrong about.
 
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Only the middle class, bub, only the middle class.

no Bub, it is a country wide average.

They don't get that by attacking the rich they are destroying the middle class.

It's just basic economics that if all the money is held by the top 2 or 3%, then no one else has any money to spend. It's what brought on the Great Depression.

With the enormous Republican tax cuts for the rich, it was the middle class that had to take up that slack. You can't pay for two wars and all the other necessities it takes to run a country, including a strong military, without it somehow being paid for.

The Republican theory that only rich people make jobs and only rich people know how to spend and rich people will invest because they are rich, is just that. A theory. Not a shred of evidence. Just a Republican theory. Completely made up with no supporting data, other than, it just "seems" that way.
 
In the 1980’s Ronald Reagan ushered in a new era in American economics as he cut the top tax bracket from 70% down to 50% and then down again to 28%. In order to get support for doing this from the people, and also from politicians, a very crafty set of lies were produced. As David Stockman, then Reagan’s budget director, put it: giving small tax cuts across the board to all brackets was simply a “Trojan Horse” that was used to get approval for the huge top tax bracket cuts. “Trickle-Down” was a term used by Republicans that meant giving tax cuts to the rich. Stockman explains that:

"It's kind of hard to sell 'trickle down,' so the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory."

"Yes, Stockman conceded, when one stripped away the new rhetoric emphasizing across-the-board cuts, the supply-side theory was really new clothes for the unpopular doctrine of the old Republican orthodoxy."

"…the Reagan coalition prevailed again in the House and Congress passed the tax-cut legislation with a final frenzy of trading and bargaining. Again, Stockman was not exhilarated by the victory. On the contrary, it seemed to leave a bad taste in his mouth, as though the democratic process had finally succeeded in shocking him by its intensity and its greed. Once again, Stockman participated in the trading -- special tax concessions for oil -- lease holders and real-estate tax shelters, and generous loopholes that virtually eliminated the corporate income tax. Stockman sat in the room and saw it happen."

"'Do you realize the greed that came to the forefront?' Stockman asked with wonder. 'The hogs were really feeding. The greed level, the level of opportunism, just got out of control.'"

The Education of David Stockman 1981:

Trickle Down economics was a Trojan Horse
That marked the end of the middle class in America.
Up until Reagan one income could support a family and buy a home.
Up until Barry Chimpola was the biggest deficet maker, Barry blew him out of the water.

Talking about Reagan when you have Barry doubling the previous highest in only a year is ludicrous.

No, making racist comments about the president is ludicrous.

Obama had to provide a stimulus to keep us out of a depression.

The government must alway be the demand of last resort.
 
It's just basic economics that if all the money is held by the top 2 or 3%, then no one else has any money to spend. It's what brought on the Great Depression.

With the enormous Republican tax cuts for the rich, it was the middle class that had to take up that slack. You can't pay for two wars and all the other necessities it takes to run a country, including a strong military, without it somehow being paid for.

The Republican theory that only rich people make jobs and only rich people know how to spend and rich people will invest because they are rich, is just that. A theory. Not a shred of evidence. Just a Republican theory. Completely made up with no supporting data, other than, it just "seems" that way.
Where the hell did you learn this "basic economics"? :lol:
 
no Bub, it is a country wide average.

They don't get that by attacking the rich they are destroying the middle class.

It's just basic economics that if all the money is held by the top 2 or 3%, then no one else has any money to spend. It's what brought on the Great Depression.

With the enormous Republican tax cuts for the rich, it was the middle class that had to take up that slack. You can't pay for two wars and all the other necessities it takes to run a country, including a strong military, without it somehow being paid for.

The Republican theory that only rich people make jobs and only rich people know how to spend and rich people will invest because they are rich, is just that. A theory. Not a shred of evidence. Just a Republican theory. Completely made up with no supporting data, other than, it just "seems" that way.

There was no theory.

It was just made up as an excuse to lower to top tax rate.

David Stockman admitted as much.
 
It's just basic economics that if all the money is held by the top 2 or 3%, then no one else has any money to spend. It's what brought on the Great Depression.

With the enormous Republican tax cuts for the rich, it was the middle class that had to take up that slack. You can't pay for two wars and all the other necessities it takes to run a country, including a strong military, without it somehow being paid for.

The Republican theory that only rich people make jobs and only rich people know how to spend and rich people will invest because they are rich, is just that. A theory. Not a shred of evidence. Just a Republican theory. Completely made up with no supporting data, other than, it just "seems" that way.
Where the hell did you learn this "basic economics"? :lol:
during recess.
 
What happens when you Excessively Tax People?????

SafeLink Wireless is a government supported program
that provides a free cell phone and airtime each
month for income-eligible customers.

https://www.safelinkwireless.com/EnrollmentPublic/Home.aspx

I've heard the commercials on the radio for that and everytime I hear it I wonder why we are providing free cell phones to income-eligible customers. It is not like they need them for emergencies or anything like that. How many emergencies can they be in during a month and not have access to someone elses cell phone or a land line?

It is more wealth redistribution and uncalled for.

Can't have those crack dealers without any verifiable income without a phone now, can we? Not saying that all income-eligible customers are crack dealers but I'll bet some are.

Immie
 
What happens when you Excessively Tax People?????

SafeLink Wireless is a government supported program
that provides a free cell phone and airtime each
month for income-eligible customers.

https://www.safelinkwireless.com/EnrollmentPublic/Home.aspx

I've heard the commercials on the radio for that and everytime I hear it I wonder why we are providing free cell phones to income-eligible customers. It is not like they need them for emergencies or anything like that. How many emergencies can they be in during a month and not have access to someone elses cell phone or a land line?

It is more wealth redistribution and uncalled for.

Can't have those crack dealers without any verifiable income without a phone now, can we? Not saying that all income-eligible customers are crack dealers but I'll bet some are.

Immie

I'm sure our Guest Workers :rolleyes::rolleyes::rolleyes::rolleyes::rolleyes: will make good use of them.
 
I missed that commerical because they haven't delivered my entitlement HD TV. What is the holdup?
 
I think they are now switching from Plasma to LCD, as soon as General Electric gives The Federal Government permission.
 
I missed that commerical because they haven't delivered my entitlement HD TV. What is the holdup?

I believe the hold up to be trying to find a rich person who has not been 'Taxed Enough Already".

Don't tell anyone, but they are hiding on the Democratic side of the Aisle. The product of wage manipulation and Social Engineering. Maybe We can institute a special Union Tax???:lol::lol::lol::lol::lol: One day the Dems. will wake up to find that the only resource left to fund the Hordes they created, are Unionized Government Workers.:eek::eek::eek: The More than Equal, funding the banned, punished, disenfranchised, and the proletarian. The next phase will be the work camps. Then, the ovens, and the mass graves.
 

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