What you economic illiterates don't comprehend!

Discussion in 'Politics' started by healthmyths, Nov 10, 2017.

  1. Kosh
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    Kosh Gold Member Supporting Member

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    Post your proof of your 90% number!

    You far left drones have shown you do not understand how the government spending works, especially when you cite SS and Medicare.

    Many programs can be cut and ended. End payments to companies that can survive without government assistance.

    That example has been used for many years and the far left response has been that Conservatives want to kill big bird.

    However Big Bird is now on HBO..
     
  2. The Derp
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    The Derp Silver Member

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    And why do they do that? Because they don't get taxed on investing the money back into the company. Ergo, higher corporate income taxes encourage business investment to avoid those taxes on profits. So thanks for proving to everyone the exact purpose and justification for high corporate taxes.

    But that's not the same thing as a businessperson closing their business before the end of the year because they made too much profit.
     
  3. Spare_change
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    Spare_change Gold Member

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    Nice try .... take two unrelated facts and attempt to create an ad hominem argument.

    The repatriated money creates enough taxable income to offset the "loss" (in quotes, because at 40%, you weren't going to see a nickel of tax income).

    The state tax deduction you so valiantly defend is only an issue in over-taxed states. Very few of the vaunted middle class actually itemize their taxes in the first place.

    Let me put a twist on it ... why should people in low-tax states be forced to subsidize people in high-tax states? (Let me explain that: If you live in a high-tax state, you get a greater deduction for the same income than someone in a low-tax state.) In fact, 9 states have no income tax at all. Why are they being penalized? You don't seem worried about THOSE middle class workers.

    The compromise measure - which you can count on being the one in the final bill - says that everyone gets a state tax deduction up to a set amount ($10K right now). This tends to offset the preferential treatment for CA, NY, NJ, etc.

    Clearly, limiting this tax deduction will ratchet up pressure on high-tax states to lower their taxes. Sounds like a win-win for the middle class to me.
     
  4. Spare_change
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    Spare_change Gold Member

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    I LOVE IT!!!

    Their FAIR SHARE! Every time a liberal talks about taxation, they start yapping about FAIR SHARE.

    Of course, they conveniently ignore the 40%-50% who pay NOTHING. How can NOTHING be your fair share?

    FAIR SHARE is simply leftist-code for "give me your money so I don't have to contribute mine".
     
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  5. Spare_change
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    Spare_change Gold Member

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    Ignorance abounds.
     
  6. The Derp
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    The Derp Silver Member

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    Look, I'll concede that it's not 90%. But that still leaves the question of what would you cut unanswered. I expect you to lazily and sloppily just say an arbitrary amount because it's obvious you have no specific ideas because you're as lazy person.


    In relation to what? How so? What do you mean? Try using a different Russian-to-English internet translator.


    So you can't even name one program. That's because you're just posturing on this issue. You obviously are just a third-rate propagandist. You should be able to rattle off a list of what you'd cut if you've given it as much thought as you claim. But you can't do that because you are inadequate and insecure in the facts. So all we get is posturing. You have about as much depth as my cat's litter box.


    Yeah, and you know why? Sesame Street had to be sold to HBO because you cut its funding. Now, unless you have HBO or Amazon Prime, you can't have your kid watch it. Now, you may hate Sesame Street personally because they don't represent the troglodyte mouth-breathing, child-molesting Conservatives...so you think it's a good thing moving a public service show to a pay TV entity. But most people see the public good in what Sesame Street does. Don't worry...once you Conservatives are flushed from power, the funding will return and Sesame Street will be available to everyone, not just those whose parents can afford HBO or Amazon Prime.
     
  7. The Derp
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    The Derp Silver Member

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    So why do that many pay no taxes? BECAUSE YOU CUT THEIR TAXES, REMEMBER?????

    So you cut taxes, then complain about the increase on the burden on the wealthy as a result, and your solution is to...cut taxes?

    Your taxation argument is just a circle-jerk, with you voluntarily eating the cracker.
     
  8. Spare_change
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    Spare_change Gold Member

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    Now, there's a piece of perverted logic .... amazing.

    Wrong, but amazing.

    In 40 years of business, 31 as a business owner, I can honestly say that the only time taxes ever became an issue is when we were deciding where to relocate or build a new branch. I have never - and I mean, never - made a decision in which taxes was the deciding factor - to include how much profit will be declared each year. (In fact, taxes have nothing to do with profit determination - well, no more than the price of toilet paper in the headquarters building. They are a cost of doing business --- nothing more, nothing less).

    I am continuously amazed at how little the average American knows about business. Your ignorance abounds.
     
  9. my2¢
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    my2¢ So it goes. Supporting Member

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    I would eliminate the corporate tax rate but not corporate taxes. Since corporations pass their expenses along to consumer I'm not very high on corporate taxes. I'm also not a fan of corporate lobbying and political contributions. Thus I'd like to see each corporation pay in tax a dollar-for-dollar amount equal to what it spends directly and indirectly to twist the arms of those at a local, state and federal level.
     
  10. Spare_change
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    Spare_change Gold Member

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    Ooh! Ooh! Ask me! Ask me!

    I'll be delighted to tell you what should be cut.

    But, be careful what you ask for.
     

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