Kudlow's Law and Our Poor Economy

[The Rabbi]

I started a sole proprietorship whose product was information with nothing but sweat equity and myself as an employee. I didn't need capital for any of it.

So you walked door to door and let the folks know. Fascinating.

Of course you'd think that because that's all you're qualified to do. I was actually doing something that was so bleeding edge that my comfort level wouldn't allow it long-term. Fun experience though.

Dodge that question.
Sorry but standing at the red light with a bucket is not bleeding edge.

 

[The Rabbi]

No cause and effect EVER proven, but go ahead and try.

How about we lower the cap gains tax to ZERO? Then show us how much MORE cap gains revenue you would collect.

lol

Every time the rate has been lowered, it has produced more revenue. Every time it has been raised it produces less revenue. Are you disagreeing withObama?
A zero rate would produce the most benefit to the economy.

That's not cause and effect.

After the Clinton tax increase in 1993, revenues went up. By your own argument, that PROVES that raising taxes increases revenues.

After the Clinton tax increase in 1993, revenues went up.

Clinton raised the cap gains tax? Are you sure?

I'd have said that if I meant to say that.

Are you now narrowing your opinion of tax cuts to claim that ONLY cap gains tax cuts increase revenues?

NO OTHER TAX CUTS DO, in your opinion?

I'd have said that if I meant to say that.

Rabbi said capital gains, you changed the topic to Clinton's tax increases. Why?

Are you now narrowing your opinion of tax cuts to claim that ONLY cap gains tax cuts increase revenues?

Historically, a cut in the caps gain rate has increased the caps gains dollars collected by government.

NO OTHER TAX CUTS DO, in your opinion?

Historically, a reduction in the income tax has only been partially offset by increased economic activity.
Because I believe the increased activity is more important than the revenue to government, I'm fine with that.

He changed it because Carbonated is a moron. He cannot separate capital gains from capital from taxes from revenue from deficit from mushu pork.

 

[The Rabbi]

If there are no consumers to buy the product how does the business begin and why would it?

Show me a place with no consumers.

 

[SwimExpert]

Accounting for Dummies Third Edition Audiobook John A. Tracy Audible.com

Rabbi bobbles the snap...he shanks it! A horrible punt by Rabbi that goes out of bounds for a 24 yard net punt. For a professional punter like Rabbi...folks that is quite possibly the worst punt I have ever seen in my life.

Translation: I am really really stupid.
Yes, you are, I;m afraid. Why not post in threads where you actually know something and can contribute, savvy?

You still haven't answered the question. Probably because you can't answer.

Where does the capital come from?

Sources of business capital dougsguides

You're really terrified of having to concede my point, aren't you? You must be, because you're desperately doing everything you can to not answer my question.

Where does the capital come from? Did it grow on a tree?

I understand why supply side propaganda is so attractive to you. It's because it appeals to your limited mental capacity which is only able to operate in one dimensional and linear systems. But at the end of the day it is nothing more than a poor attempt to rationalize your agenda to promote an economy catering to already existing wealth.

 

[JoeNormal]

I started a sole proprietorship whose product was information with nothing but sweat equity and myself as an employee. I didn't need capital for any of it.

So you walked door to door and let the folks know. Fascinating.

Of course you'd think that because that's all you're qualified to do. I was actually doing something that was so bleeding edge that my comfort level wouldn't allow it long-term. Fun experience though.

Dodge that question.
Sorry but standing at the red light with a bucket is not bleeding edge.

I'm not going to divulge too much to anyone on this board - unless you want to go first. What kind of a job do (did?) you have that that would turn you so mindlessly neoliberal?

 

[The Rabbi]

Accounting for Dummies Third Edition Audiobook John A. Tracy Audible.com

Rabbi bobbles the snap...he shanks it! A horrible punt by Rabbi that goes out of bounds for a 24 yard net punt. For a professional punter like Rabbi...folks that is quite possibly the worst punt I have ever seen in my life.

Translation: I am really really stupid.
Yes, you are, I;m afraid. Why not post in threads where you actually know something and can contribute, savvy?

You still haven't answered the question. Probably because you can't answer.

Where does the capital come from?

Sources of business capital dougsguides

You're really terrified of having to concede my point, aren't you? You must be, because you're desperately doing everything you can to not answer my question.

Where does the capital come from? Did it grow on a tree?

I understand why supply side propaganda is so attractive to you. It's because it appeals to your limited mental capacity which is only able to operate in one dimensional and linear systems. But at the end of the day it is nothing more than a poor attempt to rationalize your agenda to promote an economy catering to already existing wealth.

Wow doubling down on stupid is a really bad move.
IN point of fact it is irrelevant where capital comes from. If you tax it, in the form of cap gains tax, you get less of it, and therefore less growth. This is exactly what we've seen. I havent answered your question because it is irrelevant and trolling.
My agenda is to promote an economy where everyone can get ahead. Your agenda is to look stupid. I'd have to say in all honesty you are more successful than I am.

 

[Iceweasel]

I started a sole proprietorship whose product was information with nothing but sweat equity and myself as an employee. I didn't need capital for any of it.

So you walked door to door and let the folks know. Fascinating.

Of course you'd think that because that's all you're qualified to do. I was actually doing something that was so bleeding edge that my comfort level wouldn't allow it long-term. Fun experience though.

Dodge that question.
Sorry but standing at the red light with a bucket is not bleeding edge.

I'm not going to divulge too much to anyone on this board - unless you want to go first. What kind of a job do (did?) you have that that would turn you so mindlessly neoliberal?

You're still dodging the point. You said you started a business with no capital, which is bullshit. You used technology if you were supplying information even if you did 100% online. You needed a play to stay, computer, utilities, license with the city and state (if you were legal).

 

[SwimExpert]

IN point of fact it is irrelevant where capital comes from.

In other words, people should just accept what you are claiming. We'll unravel a series of recurring events into a linear model, arbitrarily choose the event you want as the starting point, and we'll swallow whatever magic pill you choose for us.

Rabbi, you really should look into a cerebral cortex transplant, because you are severely lacking cognitive ability. Economic activity is not linear. Hell, almost nothing in life is linear. I know that complex issues are difficult for 200cc of brain capacity, but you really should try a little bit harder.

 

[The Rabbi]

IN point of fact it is irrelevant where capital comes from.

In other words, people should just accept what you are claiming. We'll unravel a series of recurring events into a linear model, arbitrarily choose the event you want as the starting point, and we'll swallow whatever magic pill you choose for us.

Rabbi, you really should look into a cerebral cortex transplant, because you are severely lacking cognitive ability. Economic activity is not linear. Hell, almost nothing in life is linear. I know that complex issues are difficult for 200cc of brain capacity, but you really should try a little bit harder.

Translation: WHHAAHH! I didnt get to play the game I want.
Hint: go start another thread.
Kudlow's Law rules!

 

[The Rabbi]

I started a sole proprietorship whose product was information with nothing but sweat equity and myself as an employee. I didn't need capital for any of it.

So you walked door to door and let the folks know. Fascinating.

Of course you'd think that because that's all you're qualified to do. I was actually doing something that was so bleeding edge that my comfort level wouldn't allow it long-term. Fun experience though.

Dodge that question.
Sorry but standing at the red light with a bucket is not bleeding edge.

I'm not going to divulge too much to anyone on this board - unless you want to go first. What kind of a job do (did?) you have that that would turn you so mindlessly neoliberal?

You're still dodging the point. You said you started a business with no capital, which is bullshit. You used technology if you were supplying information even if you did 100% online. You needed a play to stay, computer, utilities, license with the city and state (if you were legal).

And he had to pay for all of those things at some point.

 

[JoeNormal]

I started a sole proprietorship whose product was information with nothing but sweat equity and myself as an employee. I didn't need capital for any of it.

So you walked door to door and let the folks know. Fascinating.

Of course you'd think that because that's all you're qualified to do. I was actually doing something that was so bleeding edge that my comfort level wouldn't allow it long-term. Fun experience though.

Dodge that question.
Sorry but standing at the red light with a bucket is not bleeding edge.

I'm not going to divulge too much to anyone on this board - unless you want to go first. What kind of a job do (did?) you have that that would turn you so mindlessly neoliberal?

You're still dodging the point. You said you started a business with no capital, which is bullshit. You used technology if you were supplying information even if you did 100% online. You needed a play to stay, computer, utilities, license with the city and state (if you were legal).

I made a consulting deal to stay on with a company for six months and in return, they'd give me some very expensive equipment along with my salary to start my own business. I didn't have to go out and take out a loan or sign the company away to venture capitalists.

It's interesting though that you bring up the infrastructure and framework of society that are needed to do much of anything in our advanced, technological world. Aren't you afraid of being accused of saying 'you didn't built that'?

 

[JoeNormal]

IN point of fact it is irrelevant where capital comes from.

In other words, people should just accept what you are claiming. We'll unravel a series of recurring events into a linear model, arbitrarily choose the event you want as the starting point, and we'll swallow whatever magic pill you choose for us.

Rabbi, you really should look into a cerebral cortex transplant, because you are severely lacking cognitive ability. Economic activity is not linear. Hell, almost nothing in life is linear. I know that complex issues are difficult for 200cc of brain capacity, but you really should try a little bit harder.

I admire your willingness to try and get Rabbi to see the myriad inconsistencies in his worldview but it ain't gonna happen. The best exchange I ever saw never even brought up any of those issues. It merely hammered home the point that the attitude that Rabbi oozes is one of constipation. He's probably been walking funny and had bloody stools ever since.

 

[The Rabbi]

So you walked door to door and let the folks know. Fascinating.

Of course you'd think that because that's all you're qualified to do. I was actually doing something that was so bleeding edge that my comfort level wouldn't allow it long-term. Fun experience though.

Dodge that question.
Sorry but standing at the red light with a bucket is not bleeding edge.

I'm not going to divulge too much to anyone on this board - unless you want to go first. What kind of a job do (did?) you have that that would turn you so mindlessly neoliberal?

You're still dodging the point. You said you started a business with no capital, which is bullshit. You used technology if you were supplying information even if you did 100% online. You needed a play to stay, computer, utilities, license with the city and state (if you were legal).

I made a consulting deal to stay on with a company for six months and in return, they'd give me some very expensive equipment along with my salary to start my own business. I didn't have to go out and take out a loan or sign the company away to venture capitalists.

It's interesting though that you bring up the infrastructure and framework of society that are needed to do much of anything in our advanced, technological world. Aren't you afraid of being accused of saying 'you didn't built that'?

Bingo Took capital to start it.

 

[The Rabbi]

IN point of fact it is irrelevant where capital comes from.

In other words, people should just accept what you are claiming. We'll unravel a series of recurring events into a linear model, arbitrarily choose the event you want as the starting point, and we'll swallow whatever magic pill you choose for us.

Rabbi, you really should look into a cerebral cortex transplant, because you are severely lacking cognitive ability. Economic activity is not linear. Hell, almost nothing in life is linear. I know that complex issues are difficult for 200cc of brain capacity, but you really should try a little bit harder.

I admire your willingness to try and get Rabbi to see the myriad inconsistencies in his worldview but it ain't gonna happen. The best exchange I ever saw never even brought up any of those issues. It merely hammered home the point that the attitude that Rabbi oozes is one of constipation. He's probably been walking funny and had bloody stools ever since.

Translation: I really cannot refute anything he said.
No, you cant. You can just complain about it.

 

[Iceweasel]

I made a consulting deal to stay on with a company for six months and in return, they'd give me some very expensive equipment along with my salary to start my own business. I didn't have to go out and take out a loan or sign the company away to venture capitalists.

It's interesting though that you bring up the infrastructure and framework of society that are needed to do much of anything in our advanced, technological world. Aren't you afraid of being accused of saying 'you didn't built that'?

The fact that the equipment was given to you don't alter the fact they were purchased, you're in denial. Yes, we all pay for infrastructure, some more than other of course. That's one of the reasons why we pay taxes. Another that says I didn't build my business is a full on retard and doesn't know what they are talking about. It's just socialist propaganda.

I invested the capital, risk and labor. You did too but you lied about it and pretended equipment in a business deal wasn't capital.

 

[JoeNormal]

Of course you'd think that because that's all you're qualified to do. I was actually doing something that was so bleeding edge that my comfort level wouldn't allow it long-term. Fun experience though.

Dodge that question.
Sorry but standing at the red light with a bucket is not bleeding edge.

I'm not going to divulge too much to anyone on this board - unless you want to go first. What kind of a job do (did?) you have that that would turn you so mindlessly neoliberal?

You're still dodging the point. You said you started a business with no capital, which is bullshit. You used technology if you were supplying information even if you did 100% online. You needed a play to stay, computer, utilities, license with the city and state (if you were legal).

I made a consulting deal to stay on with a company for six months and in return, they'd give me some very expensive equipment along with my salary to start my own business. I didn't have to go out and take out a loan or sign the company away to venture capitalists.

It's interesting though that you bring up the infrastructure and framework of society that are needed to do much of anything in our advanced, technological world. Aren't you afraid of being accused of saying 'you didn't built that'?

Bingo Took capital to start it.

I said sweat equity. You're going to count that as capital? I guess that's one way to consider yourself correct.

 

[JoeNormal]

I made a consulting deal to stay on with a company for six months and in return, they'd give me some very expensive equipment along with my salary to start my own business. I didn't have to go out and take out a loan or sign the company away to venture capitalists.

It's interesting though that you bring up the infrastructure and framework of society that are needed to do much of anything in our advanced, technological world. Aren't you afraid of being accused of saying 'you didn't built that'?

The fact that the equipment was given to you don't alter the fact they were purchased, you're in denial. Yes, we all pay for infrastructure, some more than other of course. That's one of the reasons why we pay taxes. Another that says I didn't build my business is a full on retard and doesn't know what they are talking about. It's just socialist propaganda.

I invested the capital, risk and labor. You did too but you lied about it and pretended equipment in a business deal wasn't capital.

I see. So the guy who finds driftwood on the shore and then hand polishes it so he can sell it is a slave to capital too I guess.

 

[SwimExpert]

I admire your willingness to try and get Rabbi to see the myriad inconsistencies in his worldview but it ain't gonna happen.

I aspire toward no such lofty goal. Rabbi is merely the cheddar biscuits that sate my appetite while I'm waiting for a good meal.

 

[JoeNormal]

I admire your willingness to try and get Rabbi to see the myriad inconsistencies in his worldview but it ain't gonna happen.

I aspire toward no such lofty goal. Rabbi is merely the cheddar biscuits that sate my appetite while I'm waiting for a good meal.

LOL, fair enough.

 

[Iceweasel]

I see. So the guy who finds driftwood on the shore and then hand polishes it so he can sell it is a slave to capital too I guess.

No you don't see. If you are doing it under the table you are running an illegal business and cheating the government out of taxes. But that's what liberals do, rules are for others to follow.

Following your line of thought, if infrastructure built by tax dollars amounts to partial ownership as in "we built your business" then we also built your house or apartment and there's no such thing as personal property rights.