- Apr 1, 2011
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Quote the Clean Air Act where it says that.I do not. The point is that the language of the Clean Air Act, which Congress DID pass, DOES authorize the EPA to address CO2 pollution at the grid level*.
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Quote the Clean Air Act where it says that.I do not. The point is that the language of the Clean Air Act, which Congress DID pass, DOES authorize the EPA to address CO2 pollution at the grid level*.
I assume you were alive in the 50s and 60s. The maximum tax rate during that period was 91%. GDP grew at an AVERAGE of 5% and as high as 8.5%.
The decision in EPA v West Virginia had nothing to do with the Constitution. The question was whether or not Congress, in the language of the Clean Air Act of 1965, had empowered the EPA to address power plant pollution issues at the grid-level.
That the court chose to act on a measure that wasn't going to be used is simply evidence supporting my contention that it was political theater.
The claim that taxes increase economic growth is too absurd for words to describe.Higher growth is caused by higher top tax rates?
Any research to back up your theory?
I do not. The point is that the language of the Clean Air Act, which Congress DID pass, DOES authorize the EPA to address CO2 pollution at the grid level*.
From the Syllabus:BTW, the language in the decision never uses the term "grid level," so I don't know what the hell you are talking about.
Tons of it I suspect. Do you reject the numbers I've provided or are you just expressing the distress they create in your weltsicht?Higher growth is caused by higher top tax rates?
Any research to back up your theory?
The clean air act is not a climate act. Is it too much to ask for a climate act?If you read either of the opinions, you will find I am correct as to what Biden intended to do. This whole SCOTUS action was political theater as they were ruling against a plan that had never been enforced and which the current administration had already announced would not be enforced. The majority opinion states that the EPA CAN impose limits on CO2, they just can't do so at "the grid level" but must do so facility by facility. Congress has already given the EPA permission to do what it was doing. It is only SCOTUS that thinks otherwise.
Tons of it I suspect. Do you reject the numbers I've provided or are you just expressing the distress they create in your weltsicht?
What theory? That trickle-down economics haven't succeeded in doing anything but making the rich richer and the poor poorer? That the rich should pay their share of taxes for reasons both ethical and economical? I don't recall actually presenting any theories. Just data and some heartfelt personal opinions.Why would I reject actual, real-world numbers?
It's just your silly theory that I'm mocking.
What theory? That trickle-down economics haven't succeeded in doing anything but making the rich richer and the poor poorer? That the rich should pay their share of taxes for reasons both ethical and economical? I don't recall actually presenting any theories. Just data and some heartfelt personal opinions.
I believe that the tax structure used in the 50s and 60s was more fair and seems to have at least enabled desirable economic trends. Trickle-down economics makes the rich richer because that is its central purpose. It makes the poor poorer because that is where the money comes from to make the rich richer. Your last comment is deceptive, though I couldn't say whether you intended that or not. The problem is that the rich of the 50s and 60s are not the rich of today. Those in the past paid more of THEIR income in taxes than do those of today. That's what I think needs doing. But then, I'm no economist. That's why I don't have any theories to put forward. Just observations and opinions.What theory?
You don't believe in a theory that higher taxes cause higher growth?
That's a relief.
That trickle-down economics haven't succeeded in doing anything but making the rich richer and the poor poorer?
How does it do that?
That the rich should pay their share of taxes for reasons both ethical and economical?
The rich pay a higher share of federal income taxes than they did in 1970, or 1960, or 1950.
Higher growth is caused by higher top tax rates?
Any research to back up your theory?
What he doesn't realize is that no one paid the maximum rate. There were so many loopholes and tax shelters it was unbelievable. For instance, ALL interest on consumer loans and credit cards was totally deductible. The rich could deduct the interest and maintenece on as many houses, RVs and boats that they desired as long as they had a bedroom, bathroom and kitchen to qualify as a residence. The first time I itemized my taxes I was amazed at the number of deductions.Higher growth is caused by higher top tax rates?
Any research to back up your theory?
Former President Barack Obama is expressing his disappointment with a new Supreme Court ruling that could severely limit the authority of the Environmental Protection Agency.
"No challenge poses a greater threat to our future than a changing climate," Obama wrote on Twitter after the decision was made public Thursday. "Every day, we're feeling the impact of climate change, and today's Supreme Court decision is a major step backward."
In a 6-3 decision, SCOTUS concluded that the EPA does not have authority to regulate carbon emissions from existing power plants, making it more difficult to achieve environmental goals and decelerate climate change.
Barack Obama Calls Supreme Court's EPA Ruling 'Major Step Backward' for Stopping Climate Change
After SCOTUS limited the EPA's power in a ruling Thursday, Obama urged Congress to support Biden's climate initiatives in order to prevent future environmental collapsenews.yahoo.com
Comment:
This is a recurring problem.
The Democrat Party abuses their power.
The EPA is under the Executive Branch.
They cannot make laws.
The politization of the government agencies started under Barry the Magnificent.
This is a dangerous erosion of our constitutional republic form of government.
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What he doesn't realize is that no one paid the maximum rate. There were so many loopholes and tax shelters it was unbelievable. For instance, ALL interest on consumer loans and credit cards was totally deductible. The rich could deduct the interest and maintenece on as many houses, RVs and boats that they desired as long as they had a bedroom, bathroom and kitchen to qualify as a residence. The first time I itemized my taxes I was amazed at the number of deductions.
I believe that the tax structure used in the 50s and 60s was more fair and seems to have at least enabled desirable economic trends. Trickle-down economics makes the rich richer because that is its central purpose. It makes the poor poorer because that is where the money comes from to make the rich richer. Your last comment is deceptive, though I couldn't say whether you intended that or not. The problem is that the rich of the 50s and 60s are not the rich of today. Those in the past paid more of THEIR income in taxes than do those of today. That's what I think needs doing. But then, I'm no economist. That's why I don't have any theories to put forward. Just observations and opinions.
I see that folks that don't want to talk about SCOTUS, the EPA and CO2 have managed to derail this discussion.
We need a Constitutional Amendment mandating that no one named Thomas, Barret, Kavanaugh, Alito or Gorsuch are allowed to sit on the Supreme Court. Roberts is okay.