How Quickly will State and Local Income Taxes go up?

[Toddsterpatriot]

The more the GOP scumbags cut taxes on the rich, the more states and localities raise taxes and that kill the non rich.

The GOP cut of Federal taxes has no impact on local and state tax collections. Moron.

There are secondary effects. Immediate effect is that Fed revenues are down and deficits are up, but down the line Federal spending on grants, education, healthcare and social safety nets will get cut and states will have to pick up the tab....and the WAY states pick up their revenue is usually through much more regressive taxation that puts more burden on mid-to-low income households

There would be secondary effects, if the Feds ever reduced spending.....anywhere.

They already have, dunce, the last 35 years, thanks GOP and silly doops.

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

 

[william the wie]

The more the GOP scumbags cut taxes on the rich, the more states and localities raise taxes and that kill the non rich.

The GOP cut of Federal taxes has no impact on local and state tax collections. Moron.

There are secondary effects. Immediate effect is that Fed revenues are down and deficits are up, but down the line Federal spending on grants, education, healthcare and social safety nets will get cut and states will have to pick up the tab....and the WAY states pick up their revenue is usually through much more regressive taxation that puts more burden on mid-to-low income households

There would be secondary effects, if the Feds ever reduced spending.....anywhere.

They already have, dunce, the last 35 years, thanks GOP and silly doops.

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

The more the GOP scumbags cut taxes on the rich, the more states and localities raise taxes and that kill the non rich.

The GOP cut of Federal taxes has no impact on local and state tax collections. Moron.

There are secondary effects. Immediate effect is that Fed revenues are down and deficits are up, but down the line Federal spending on grants, education, healthcare and social safety nets will get cut and states will have to pick up the tab....and the WAY states pick up their revenue is usually through much more regressive taxation that puts more burden on mid-to-low income households

There would be secondary effects, if the Feds ever reduced spending.....anywhere.

They already have, dunce, the last 35 years, thanks GOP and silly doops.

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

The more the GOP scumbags cut taxes on the rich, the more states and localities raise taxes and that kill the non rich.

The GOP cut of Federal taxes has no impact on local and state tax collections. Moron.

There are secondary effects. Immediate effect is that Fed revenues are down and deficits are up, but down the line Federal spending on grants, education, healthcare and social safety nets will get cut and states will have to pick up the tab....and the WAY states pick up their revenue is usually through much more regressive taxation that puts more burden on mid-to-low income households

There would be secondary effects, if the Feds ever reduced spending.....anywhere.

They already have, dunce, the last 35 years, thanks GOP and silly doops.

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

And unfunded or underfunded state liabilities have been increasing faster than revenues in the mostly blue states since the original S& L Housing bubble when Volcker broke the back of inflation by bankrupting the main source of mortgages. Then Clinton started the housing bubble that gave Erik Estrada a second career in informercials. when that went belly up in 2000-2003 Bush the RINO launched the mother of all housing bubbles. And state houses around the country loved that goose that laid golden eggs and for the most part competed is who could be the most reckless of then all.

 

[Flopper]

There are secondary effects. Immediate effect is that Fed revenues are down and deficits are up, but down the line Federal spending on grants, education, healthcare and social safety nets will get cut and states will have to pick up the tab....and the WAY states pick up their revenue is usually through much more regressive taxation that puts more burden on mid-to-low income households

There would be secondary effects, if the Feds ever reduced spending.....anywhere.

They already have, dunce, the last 35 years, thanks GOP and silly doops.

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

There are secondary effects. Immediate effect is that Fed revenues are down and deficits are up, but down the line Federal spending on grants, education, healthcare and social safety nets will get cut and states will have to pick up the tab....and the WAY states pick up their revenue is usually through much more regressive taxation that puts more burden on mid-to-low income households

There would be secondary effects, if the Feds ever reduced spending.....anywhere.

They already have, dunce, the last 35 years, thanks GOP and silly doops.

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

There are secondary effects. Immediate effect is that Fed revenues are down and deficits are up, but down the line Federal spending on grants, education, healthcare and social safety nets will get cut and states will have to pick up the tab....and the WAY states pick up their revenue is usually through much more regressive taxation that puts more burden on mid-to-low income households

There would be secondary effects, if the Feds ever reduced spending.....anywhere.

They already have, dunce, the last 35 years, thanks GOP and silly doops.

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

And unfunded or underfunded state liabilities have been increasing faster than revenues in the mostly blue states since the original S& L Housing bubble when Volcker broke the back of inflation by bankrupting the main source of mortgages. Then Clinton started the housing bubble that gave Erik Estrada a second career in informercials. when that went belly up in 2000-2003 Bush the RINO launched the mother of all housing bubbles. And state houses around the country loved that goose that laid golden eggs and for the most part competed is who could be the most reckless of then all.

Unfunded or underfunded state liabilities usually means that someday, someone is not going get their full retirement benefit or state lawmakers will have to increase contributions and/or taxes.

Government borrowing has a built in limit. As the loan balances in relation to a states ability to pay becomes too high lenders will demand higher and higher interest. As interest expense rises, the state is forced to curtain lending or increase taxes, possibly both.

 

[francoHFW]

There are secondary effects. Immediate effect is that Fed revenues are down and deficits are up, but down the line Federal spending on grants, education, healthcare and social safety nets will get cut and states will have to pick up the tab....and the WAY states pick up their revenue is usually through much more regressive taxation that puts more burden on mid-to-low income households

There would be secondary effects, if the Feds ever reduced spending.....anywhere.

They already have, dunce, the last 35 years, thanks GOP and silly doops.

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

 

[Toddsterpatriot]

There would be secondary effects, if the Feds ever reduced spending.....anywhere.

They already have, dunce, the last 35 years, thanks GOP and silly doops.

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

 

[francoHFW]

They already have, dunce, the last 35 years, thanks GOP and silly doops.

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

Of course he tripled the debt and had the S and L bubble while it was working... Since then our our infrastructure and middle class have fallen apart. Gorbachov won the Cold War idiot. But thanks for the stupid propaganda...

 

[Toddsterpatriot]

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

Of course he tripled the debt and had the S and L bubble while it was working... Since then our our infrastructure and middle class have fallen apart. Gorbachov won the Cold War idiot. But thanks for the stupid propaganda...

Of course he tripled the debt

Awesome economy, won the Cold War and added $1.6 trillion to the debt.
Just awful!!

Obama had the weakest recovery since WWII, made us weaker around the world, but only added $9.3 trillion to the debt.

 

[Flopper]

They already have, dunce, the last 35 years, thanks GOP and silly doops.

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

The top tax rate rose in 1950-53 to 92% and GDP was 8.7%, 8.1%, & 4.1% respectively. Those rates remained for 14 years till 1964 For those 14 years the average GDP growth rate average was 4.03%.

The top tax rate dropped to 70% in 1964 and remained till 1981. During those 17 years the average GDP growth rate was 3.54%.

The top tax rate began a gradual fall from 70% in 1981 to 28% in 1988. During those 8 years the average GDP growth rate was 3.46%.

In this century top tier tax rates have been in 30's for 17 years and the average GDP growth rate was only 1.8%, the lowest for any 17 year period since the great depression.

Republicans make a very good argument that cutting taxes spurs investments and leads to high growth but that theory doesn't match reality. After major drops in top tier tax rates, we have seen GDP average growth rates for the following years drop from 4.03% to 3.5% to 3.46% to 1.8%.

 

[francoHFW]

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

Of course he tripled the debt and had the S and L bubble while it was working... Since then our our infrastructure and middle class have fallen apart. Gorbachov won the Cold War idiot. But thanks for the stupid propaganda...

Of course he tripled the debt

Awesome economy, won the Cold War and added $1.6 trillion to the debt.
Just awful!!

Obama had the weakest recovery since WWII, made us weaker around the world, but only added $9.3 trillion to the debt.

That's how much it costs 2 avoid a depression. And we had the best economy in the world the whole time Obama was there. Hard to have a strong recovery when the whole world is f*****, dupe. The GOP is a disaster, dingbat.

 

[francoHFW]

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

The top tax rate rose in 1950-53 to 92% and GDP was 8.7%, 8.1%, & 4.1% respectively. Those rates remained for 14 years till 1964 For those 14 years the average GDP growth rate average was 4.03%.

The top tax rate dropped to 70% in 1964 and remained till 1981. During those 17 years the average GDP growth rate was 3.54%.

The top tax rate began a gradual fall from 70% in 1981 to 28% in 1988. During those 8 years the average GDP growth rate was 3.46%.

In this century top tier tax rates have been in 30's for 17 years and the average GDP growth rate was only 1.8%, the lowest for any 17 year period since the great depression.

Republicans make a very good argument that cutting taxes spurs investments and leads to high growth but that theory doesn't match reality. After major drops in top tier tax rates, we have seen GDP average growth rates for the following years drop from 4.03% to 3.5% to 3.46% to 1.8%.

Much more and we'll be a Banana Republic. Just like GOP greedy billionaires want...

 

[Toddsterpatriot]

The Federal government spends less than it did in 1983?

Have you always been stupid?

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

The top tax rate rose in 1950-53 to 92% and GDP was 8.7%, 8.1%, & 4.1% respectively. Those rates remained for 14 years till 1964 For those 14 years the average GDP growth rate average was 4.03%.

The top tax rate dropped to 70% in 1964 and remained till 1981. During those 17 years the average GDP growth rate was 3.54%.

The top tax rate began a gradual fall from 70% in 1981 to 28% in 1988. During those 8 years the average GDP growth rate was 3.46%.

In this century top tier tax rates have been in 30's for 17 years and the average GDP growth rate was only 1.8%, the lowest for any 17 year period since the great depression.

Republicans make a very good argument that cutting taxes spurs investments and leads to high growth but that theory doesn't match reality. After major drops in top tier tax rates, we have seen GDP average growth rates for the following years drop from 4.03% to 3.5% to 3.46% to 1.8%.

The top tax rate rose in 1950-53 to 92% and GDP was 8.7%, 8.1%, & 4.1% respectively.

It's true, world wars that wipe out your competition tend to boost GDP while your competition rebuilds.

 

[Toddsterpatriot]

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

Of course he tripled the debt and had the S and L bubble while it was working... Since then our our infrastructure and middle class have fallen apart. Gorbachov won the Cold War idiot. But thanks for the stupid propaganda...

Of course he tripled the debt

Awesome economy, won the Cold War and added $1.6 trillion to the debt.
Just awful!!

Obama had the weakest recovery since WWII, made us weaker around the world, but only added $9.3 trillion to the debt.

That's how much it costs 2 avoid a depression. And we had the best economy in the world the whole time Obama was there. Hard to have a strong recovery when the whole world is f*****, dupe. The GOP is a disaster, dingbat.

That's how much it costs 2 avoid a depression.

The recession ended in June 2009. Moron.

 

[francoHFW]

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

Of course he tripled the debt and had the S and L bubble while it was working... Since then our our infrastructure and middle class have fallen apart. Gorbachov won the Cold War idiot. But thanks for the stupid propaganda...

Of course he tripled the debt

Awesome economy, won the Cold War and added $1.6 trillion to the debt.
Just awful!!

Obama had the weakest recovery since WWII, made us weaker around the world, but only added $9.3 trillion to the debt.

That's how much it costs 2 avoid a depression. And we had the best economy in the world the whole time Obama was there. Hard to have a strong recovery when the whole world is f*****, dupe. The GOP is a disaster, dingbat.

That's how much it costs 2 avoid a depression.

The recession ended in June 2009. Moron.

After a huge injection of bailouts and assistance in in unemployment and Welfare for victims. Only cost 7 trillion dollars or so here, another 7 trillion in Europe, and places that couldn't afford it are still in depression. See Africa, South America, Middle East Etc. That's by the technical definition.

Another great job by the GOP. Every time they get their way for 8 years there is a huge corrupt bubble.

 

[Wry Catcher]

Q. What happened to Trump's promise, a single page with simple math and lower taxes?










A. Surprise, he lied.

 

[francoHFW]

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

The top tax rate rose in 1950-53 to 92% and GDP was 8.7%, 8.1%, & 4.1% respectively. Those rates remained for 14 years till 1964 For those 14 years the average GDP growth rate average was 4.03%.

The top tax rate dropped to 70% in 1964 and remained till 1981. During those 17 years the average GDP growth rate was 3.54%.

The top tax rate began a gradual fall from 70% in 1981 to 28% in 1988. During those 8 years the average GDP growth rate was 3.46%.

In this century top tier tax rates have been in 30's for 17 years and the average GDP growth rate was only 1.8%, the lowest for any 17 year period since the great depression.

Republicans make a very good argument that cutting taxes spurs investments and leads to high growth but that theory doesn't match reality. After major drops in top tier tax rates, we have seen GDP average growth rates for the following years drop from 4.03% to 3.5% to 3.46% to 1.8%.

The top tax rate rose in 1950-53 to 92% and GDP was 8.7%, 8.1%, & 4.1% respectively.

It's true, world wars that wipe out your competition tend to boost GDP while your competition rebuilds.

The war also wiped out overseas demand 4 our product. The good old days were fueled By higher taxes on the rich, investment in the non-rich and infrastructure, doubling the minimum wage, the GI Bill and so much education. All the things the GOP has blocked the last 35 years.

A couple more decades of this BS and we will be a totally brainwashed banana Republic. Great job GOP and silly dupes.

 

[Toddsterpatriot]

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

The top tax rate rose in 1950-53 to 92% and GDP was 8.7%, 8.1%, & 4.1% respectively. Those rates remained for 14 years till 1964 For those 14 years the average GDP growth rate average was 4.03%.

The top tax rate dropped to 70% in 1964 and remained till 1981. During those 17 years the average GDP growth rate was 3.54%.

The top tax rate began a gradual fall from 70% in 1981 to 28% in 1988. During those 8 years the average GDP growth rate was 3.46%.

In this century top tier tax rates have been in 30's for 17 years and the average GDP growth rate was only 1.8%, the lowest for any 17 year period since the great depression.

Republicans make a very good argument that cutting taxes spurs investments and leads to high growth but that theory doesn't match reality. After major drops in top tier tax rates, we have seen GDP average growth rates for the following years drop from 4.03% to 3.5% to 3.46% to 1.8%.

The top tax rate rose in 1950-53 to 92% and GDP was 8.7%, 8.1%, & 4.1% respectively.

It's true, world wars that wipe out your competition tend to boost GDP while your competition rebuilds.

The war also wiped out overseas 4 our product. The good old days were fueled By higher taxes on the rich, investment in the non-rich and infrastructure, doubling the minimum wage, the GI Bill and so much education. All the things the GOP has blocked the last 35 years.

A couple more decades of this BS and we will be a totally brainwashed banana Republic. Great job GOP and silly dupes.

The war also wiped out overseas 4 our product.

Are you kidding? Everybody was buying our stuff, even if we had to lend them money to do it.

The good old days were fueled By higher taxes on the rich,

Bullshit. If you think any rich people paid anything close to 90%, you're dumber than I first suspected.

investment in the non-rich and infrastructure,

Our massive welfare state isn't "investing in the non-rich"? LOL!

All the things the GOP has blocked the last 35 years.

If they'd have blocked those things, we'd have a lot less than $21 trillion in debt.

A couple more decades of this BS and we will be a totally brainwashed banana Republic.

Based on you, it's too late, you morons already outnumber the rest of us.

 

[Toddsterpatriot]

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

Of course he tripled the debt and had the S and L bubble while it was working... Since then our our infrastructure and middle class have fallen apart. Gorbachov won the Cold War idiot. But thanks for the stupid propaganda...

Of course he tripled the debt

Awesome economy, won the Cold War and added $1.6 trillion to the debt.
Just awful!!

Obama had the weakest recovery since WWII, made us weaker around the world, but only added $9.3 trillion to the debt.

That's how much it costs 2 avoid a depression. And we had the best economy in the world the whole time Obama was there. Hard to have a strong recovery when the whole world is f*****, dupe. The GOP is a disaster, dingbat.

That's how much it costs 2 avoid a depression.

The recession ended in June 2009. Moron.

After a huge injection of bailouts and assistance in in unemployment and Welfare for victims. Only cost 7 trillion dollars or so here, another 7 trillion in Europe, and places that couldn't afford it are still in depression. See Africa, South America, Middle East Etc. That's by the technical definition.

Another great job by the GOP. Every time they get their way for 8 years there is a huge corrupt bubble.

After a huge injection of bailouts

Yup. Most of which were already in place before Obama arrived.

 

[Flopper]

It's not what the government spends that's important. It's the difference between revenue and spending that we need to be concerned about.

It's not what the government spends that's important.

I disagree.

It's the difference between revenue and spending that we need to be concerned about.

I'd prefer spending of 17% of GDP with revenue of 16% of GDP over spending and revenue
balanced at 24% of GDP.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

The top tax rate rose in 1950-53 to 92% and GDP was 8.7%, 8.1%, & 4.1% respectively. Those rates remained for 14 years till 1964 For those 14 years the average GDP growth rate average was 4.03%.

The top tax rate dropped to 70% in 1964 and remained till 1981. During those 17 years the average GDP growth rate was 3.54%.

The top tax rate began a gradual fall from 70% in 1981 to 28% in 1988. During those 8 years the average GDP growth rate was 3.46%.

In this century top tier tax rates have been in 30's for 17 years and the average GDP growth rate was only 1.8%, the lowest for any 17 year period since the great depression.

Republicans make a very good argument that cutting taxes spurs investments and leads to high growth but that theory doesn't match reality. After major drops in top tier tax rates, we have seen GDP average growth rates for the following years drop from 4.03% to 3.5% to 3.46% to 1.8%.

The top tax rate rose in 1950-53 to 92% and GDP was 8.7%, 8.1%, & 4.1% respectively.

It's true, world wars that wipe out your competition tend to boost GDP while your competition rebuilds.

That does not explain the fall in GDP grow rates over 17 years following the top tax rate drop from 92% to 70% in 1964, nor the gdp growth rates after the Reagan tax cuts, and it certainly does not explain our current 18 years of top tax rates in 30's with average GDP growth of only 1.8%.

 

[francoHFW]

Of course he tripled the debt and had the S and L bubble while it was working... Since then our our infrastructure and middle class have fallen apart. Gorbachov won the Cold War idiot. But thanks for the stupid propaganda...

Of course he tripled the debt

Awesome economy, won the Cold War and added $1.6 trillion to the debt.
Just awful!!

Obama had the weakest recovery since WWII, made us weaker around the world, but only added $9.3 trillion to the debt.

That's how much it costs 2 avoid a depression. And we had the best economy in the world the whole time Obama was there. Hard to have a strong recovery when the whole world is f*****, dupe. The GOP is a disaster, dingbat.

That's how much it costs 2 avoid a depression.

The recession ended in June 2009. Moron.

After a huge injection of bailouts and assistance in in unemployment and Welfare for victims. Only cost 7 trillion dollars or so here, another 7 trillion in Europe, and places that couldn't afford it are still in depression. See Africa, South America, Middle East Etc. That's by the technical definition.

Another great job by the GOP. Every time they get their way for 8 years there is a huge corrupt bubble.

After a huge injection of bailouts

Yup. Most of which were already in place before Obama arrived.

The stimulus was 800 billion in bailouts 4 Main Street. More than bush's tarp.

 

[francoHFW]

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell, like the last 35 years. Spending half as much on infrastructure is a bad idea. Cutting federal aid to the states ditto. Raising taxes and fees, and cutting things like federal aid to public universities and high schools ditto. Allowing the minimum wage to fester ditto, Dupe.

And when the GOP cuts the top tax rate from 70% to 50% to 30%, everything goes to hell

Killing inflation, massive GDP growth, won the Cold War....yeah, everything went to hell......DERP!

The top tax rate rose in 1950-53 to 92% and GDP was 8.7%, 8.1%, & 4.1% respectively. Those rates remained for 14 years till 1964 For those 14 years the average GDP growth rate average was 4.03%.

The top tax rate dropped to 70% in 1964 and remained till 1981. During those 17 years the average GDP growth rate was 3.54%.

The top tax rate began a gradual fall from 70% in 1981 to 28% in 1988. During those 8 years the average GDP growth rate was 3.46%.

In this century top tier tax rates have been in 30's for 17 years and the average GDP growth rate was only 1.8%, the lowest for any 17 year period since the great depression.

Republicans make a very good argument that cutting taxes spurs investments and leads to high growth but that theory doesn't match reality. After major drops in top tier tax rates, we have seen GDP average growth rates for the following years drop from 4.03% to 3.5% to 3.46% to 1.8%.

The top tax rate rose in 1950-53 to 92% and GDP was 8.7%, 8.1%, & 4.1% respectively.

It's true, world wars that wipe out your competition tend to boost GDP while your competition rebuilds.

The war also wiped out overseas 4 our product. The good old days were fueled By higher taxes on the rich, investment in the non-rich and infrastructure, doubling the minimum wage, the GI Bill and so much education. All the things the GOP has blocked the last 35 years.

A couple more decades of this BS and we will be a totally brainwashed banana Republic. Great job GOP and silly dupes.

The war also wiped out overseas 4 our product.

Are you kidding? Everybody was buying our stuff, even if we had to lend them money to do it.

The good old days were fueled By higher taxes on the rich,

Bullshit. If you think any rich people paid anything close to 90%, you're dumber than I first suspected.

investment in the non-rich and infrastructure,

Our massive welfare state isn't "investing in the non-rich"? LOL!

All the things the GOP has blocked the last 35 years.

If they'd have blocked those things, we'd have a lot less than $21 trillion in debt.

A couple more decades of this BS and we will be a totally brainwashed banana Republic.

Based on you, it's too late, you morons already outnumber the rest of us.

The rich paid more I said s*******, investing in the non rich is cheap college and training, like the GI Bill, and our minimum wage should be at least$12. Stupid dupe.