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I’ve heard Obama speaking about taxing the rich, why hasn’t he?
If the rich are taxed harder they’ll start working more. At the same time the government can use the extra tax income to employ people, building roads,bridges etc. maintain buidlings. Then they can employ construction workers and increase the demand.
The tricke-down concept dosen’t work since the rich aren’t spending money to keep the demand up. With more taxes the rich will also start working more.
You've defined the problem. Trickle Down doesn't work nor was it ever supposed to work. As Reagan's own budget director, David Stockman, said it was a "Trojan Horse".
You want good, sustained economic growth? Then establish "Trickle UP Economics". If you put more money in the hands of the poor and middle class they will spend it and create the demand that, in turn, the wealthy can make money by producing the goods in demand.
It's a win-win situation.
ROTF
Trickle Up Econcomics = Soak the Rich
If the poor or middle class want more money, they can get it.
So what's stopping them ?
You've defined the problem. Trickle Down doesn't work nor was it ever supposed to work. As Reagan's own budget director, David Stockman, said it was a "Trojan Horse".
You want good, sustained economic growth? Then establish "Trickle UP Economics". If you put more money in the hands of the poor and middle class they will spend it and create the demand that, in turn, the wealthy can make money by producing the goods in demand.
It's a win-win situation.
holy smokes...
Yep... he's right. What do people do with their money? I'll give you a minute.... OK, times up. They spend it. When money gets spent...someone makes a profit.
Just in case you didn't know this... Profits and sales are good for a business. You want to create more wealth in THIS country? Pay the people more...they will be the ones to get this economy rolling... it's called INVESTING.... Taking less now for more in the future... that's what big business DOESN'T do these days..... they want it all now(with a golden Parachute to save their greedy asses when they end up running a business into the ground, no less).
Supply side economics(trickle down) was a waste of 30+ years of our lives. All it did was fuck the whole country over.
holy smokes...
Yep... he's right. What do people do with their money? I'll give you a minute.... OK, times up. They spend it. When money gets spent...someone makes a profit.
Just in case you didn't know this... Profits and sales are good for a business. You want to create more wealth in THIS country? Pay the people more...they will be the ones to get this economy rolling... it's called INVESTING.... Taking less now for more in the future... that's what big business DOESN'T do these days..... they want it all now(with a golden Parachute to save their greedy asses when they end up running a business into the ground, no less).
Supply side economics(trickle down) was a waste of 30+ years of our lives. All it did was fuck the whole country over.
well who the hell stopped you from going out and starting your own business and paying your employers, $100 a hour...let us know how long you stay in business
Of course the Rich don't pay their "fair share' and really need to pay more.
Guess with the 47% who pay no Fed taxes they have to get more money somewhere else.
Wonder what happens when the 47% turn into 50% and beyond??
Yep... he's right. What do people do with their money? I'll give you a minute.... OK, times up. They spend it. When money gets spent...someone makes a profit.
Just in case you didn't know this... Profits and sales are good for a business. You want to create more wealth in THIS country? Pay the people more...they will be the ones to get this economy rolling... it's called INVESTING.... Taking less now for more in the future... that's what big business DOESN'T do these days..... they want it all now(with a golden Parachute to save their greedy asses when they end up running a business into the ground, no less).
Supply side economics(trickle down) was a waste of 30+ years of our lives. All it did was fuck the whole country over.
well who the hell stopped you from going out and starting your own business and paying your employers, $100 a hour...let us know how long you stay in business
Hyperbole much?
Guess with the 47% who pay no Fed taxes they have to get more money somewhere else.
well who the hell stopped you from going out and starting your own business and paying your employers, $100 a hour...let us know how long you stay in business
Hyperbole much?
and you blowhard a lot..
Or they'll just make changes so they don't need as many people & lay them off so that'll help take care of additional taxes they need to pay.
Guess with the 47% who pay no Fed taxes they have to get more money somewhere else.
The 47% are the poor, uneducated, unemployed - you know, "your" class, assbrain.
Hyperbole much?
and you blowhard a lot..
Not at all.. heterosexual here... I do carpet munching very well though, thank you very much
Yes, you backwoods inbred moron, they do.
Oh, so sorry, you mouth-breathing, undereducated, welfare-case inbred. I am still not seeing where 70% of Americans want to raise taxes.
In the meantime, have you whipped out your checkbook and sent the Fed more money or do you need an executive order from King Barry?
70% of Americans want to raise taxes? Where did you pull that out of? Your fat ass? Hey - if you feel the need to send the government more money, stroke them a fucking check asswipe. Go for it...
Yes, you backwoods inbred moron, they do.
I guess we should all just surrender and admit that we are all just slaves to this Federal Government...forget the WE THE PEOPLE..it was good while it lasted.
You know the difference between a vacuum cleaner and a Harley?
You can fit 2 dirtbags on a Harley.
Fuck off, pussy.
By the way, oh ignorant one, I don't make 250K a year, but thanks for asking.
So, why hasn't President Obama done what 70% of Americans want him to do? Because he's had the single most obstructionist Congress in HISTORY.
By the way, oh ignorant one, I don't make 250K a year, but thanks for asking.
We know, asswipe, we know.
Make sure you Supersize my #3 when I show up at noon today, ok??
And don't be out of ketchup either, inbreeder.
So, why hasn't President Obama done what 70% of Americans want him to do? Because he's had the single most obstructionist Congress in HISTORY.
Gee, Wytch...why didn't President Obama raise taxes when he had super majorities in Congress?
What economic noobs like you can't bring yourselves to admit is that raising taxes in a weak economy is something that even liberal Keynesian economists know is a recipe for a weaker economy. President Obama didn't raise taxes when he easily could have because it was bad economic policy. He extended the Bush tax cuts because he knew that if he didn't that his already flailing economy would go right down the old crapper. All this hot air from him about wanting to raise them now? It's all political Kabuki theatre because he knows the GOP led House will do the responsible thing and vote down any tax increases. The whole "obstructionist Congress" is nothing more than election year bullshit designed to get Obama re-elected...it has NOTHING to do with reality. Everytime you progressive lemmings start the "raise taxes!!!" chorus you play right along.
I did just file my taxes (that I pay more of than others in my wage bracket) and my adjusted gross income is slightly over 70K.
By the way, oh ignorant one, I don't make 250K a year, but thanks for asking.
We know, asswipe, we know.
Make sure you Supersize my #3 when I show up at noon today, ok??
And don't be out of ketchup either, inbreeder.
And who takes over your job scrubbing toilets while you're out to lunch?
