Republicans have a poor understanding of economics. They should have no place in making policy

[The Rabbi]

. "More money in the hands of consumers" is nonsense.

Rabbit, do you not EVER get tired of being both stupid and wrong?

Hey, Zeke. Show me where that's ever worked. It failed with the Ford rebate. It failed with the Bush rebate. It failed with the Obama stimulus and cash for clunkers etc. It's failed every time it's been tried.
You're just looking for Big Daddy to buy your Blatz, aintcha?

 

[The Rabbi]

The tax cuts help where they do because they encourage people to work more and earn more.

Hell rabbit. YOU claim 47% or some number of tax payers don't pay any tax now.
How is cutting taxes for almost 1/2 the working population going to do anything? They already don't pay taxes. They get to keep all their earning. (according to you)

You'll have to explain your convoluted logic in giving those that pay no taxes a tax break.

And rabbit, being the middle class person that I am, my taxes are already low. About 15% actual. If you gave me another tax cut, it wouldn't make any difference in the amount I spend.

You are full of shit rabbit.

Hey, Zeke. You're middle class all right: Half way between homeless and welfare dependent.
Yes, 40% of income earners not only dont pay taxes, they get back mroe than they paid. SO that leaves the other 60%, who are high income earners. They are high income earners because they are the most productive. So getting them to work more will produce more gains.
Now, I know you think execs sit around and drink coffee and dream about playing golf, but corporate execs are not Obama. The truth is they work very hard and long hours. But the more they work, the more opportunity is created for others.
See, Zekester, it's not a zero sum thing--they've got and you dont. It's a "we're all in this together" thing. The more top earners earn, the more bottom earners earn as well. I realize that goes against your class warfare brainwashing and at this stage of alcoholism you probably can't think too good. But it's simply true and has been tested and found true.

 

[Dad2three]

. "More money in the hands of consumers" is nonsense.

Rabbit, do you not EVER get tired of being both stupid and wrong?

Hey, Zeke. Show me where that's ever worked. It failed with the Ford rebate. It failed with the Bush rebate. It failed with the Obama stimulus and cash for clunkers etc. It's failed every time it's been tried.
You're just looking for Big Daddy to buy your Blatz, aintcha?

Tax cuts can provide an economic stimulus that can help create jobs when the cuta are aimed at the right people, and contrary to republican beliefs, the right people are NOT the super rich. You have to aim the tax cuts only at those who will SPEND the money. Giving more to the super rich will just create bigger bank accounts in the Cayman Islands.


CBO Director Demolishes GOP's Stimulus Myth

Under questioning from skeptical Republicans, the director of the nonpartisan (and widely respected) Congressional Budget Office was emphatic about the value of the 2009 stimulus. And, he said, the vast majority of economists agree.

In a survey conducted by the University of Chicago Booth School of Business, 80 percent of economic experts agreed that, because of the stimulus, the U.S. unemployment rate was lower at the end of 2010 than it would have been otherwise.

"Only 4 percent disagreed or strongly disagreed," CBO Director Douglas Elmendorf told the House Budget Committee. "That," he added, "is a distinct minority."

 

[zeke]

The tax cuts help where they do because they encourage people to work more and earn more.

Hell rabbit. YOU claim 47% or some number of tax payers don't pay any tax now.
How is cutting taxes for almost 1/2 the working population going to do anything? They already don't pay taxes. They get to keep all their earning. (according to you)

You'll have to explain your convoluted logic in giving those that pay no taxes a tax break.

And rabbit, being the middle class person that I am, my taxes are already low. About 15% actual. If you gave me another tax cut, it wouldn't make any difference in the amount I spend.

You are full of shit rabbit.

Hey rabbit. You explain how giving tax cuts to the 47% you claim pays no taxes will do anything.

And after you do that, I'll tell you about the time in this country when wages were rising and consumer spending drove the economy and we were the envy of the world in economic achievement. Even with tax rates higher than today.

But you first.

 

[The Rabbi]

The tax cuts help where they do because they encourage people to work more and earn more.

Hell rabbit. YOU claim 47% or some number of tax payers don't pay any tax now.
How is cutting taxes for almost 1/2 the working population going to do anything? They already don't pay taxes. They get to keep all their earning. (according to you)

You'll have to explain your convoluted logic in giving those that pay no taxes a tax break.

And rabbit, being the middle class person that I am, my taxes are already low. About 15% actual. If you gave me another tax cut, it wouldn't make any difference in the amount I spend.

You are full of shit rabbit.

Hey rabbit. You explain how giving tax cuts to the 47% you claim pays no taxes will do anything.

And after you do that, I'll tell you about the time in this country when wages were rising and consumer spending drove the economy and we were the envy of the world in economic achievement. Even with tax rates higher than today.

But you first.

Hey, Zeke. Put down the Blatz and read my post, dumbshit.

 

[Dad2three]

The tax cuts help where they do because they encourage people to work more and earn more.

Hell rabbit. YOU claim 47% or some number of tax payers don't pay any tax now.
How is cutting taxes for almost 1/2 the working population going to do anything? They already don't pay taxes. They get to keep all their earning. (according to you)

You'll have to explain your convoluted logic in giving those that pay no taxes a tax break.

And rabbit, being the middle class person that I am, my taxes are already low. About 15% actual. If you gave me another tax cut, it wouldn't make any difference in the amount I spend.

You are full of shit rabbit.

Hey, Zeke. You're middle class all right: Half way between homeless and welfare dependent.
Yes, 40% of income earners not only dont pay taxes, they get back mroe than they paid. SO that leaves the other 60%, who are high income earners. They are high income earners because they are the most productive. So getting them to work more will produce more gains.
Now, I know you think execs sit around and drink coffee and dream about playing golf, but corporate execs are not Obama. The truth is they work very hard and long hours. But the more they work, the more opportunity is created for others.
See, Zekester, it's not a zero sum thing--they've got and you dont. It's a "we're all in this together" thing. The more top earners earn, the more bottom earners earn as well. I realize that goes against your class warfare brainwashing and at this stage of alcoholism you probably can't think too good. But it's simply true and has been tested and found true.

Look at the Reagan presidency when he said giving tax breaks to the rich and big business would spur growth. He was dead wrong, trickle down economics did not work, and he ended up promoting tax hikes. If anyone is not paying their fair share in this ecomomy it is the rich

How can a party continue to exist and thrive if it jettisons every fact that does not fit its worldview? The GOP is a JOKE, and a bad one, at that!

STUDY: These Charts Show There's Almost No Correlation Between Tax Rates and GDP

These Charts Show There s Probably No Correlation Between Tax Rates and GDP - Business Insider


Capital Gains Tax Rates and Economic Growth (or not)

If you read the editorial page of the Wall Street Journal (or surf around the nether regions of Forbes.com), you may come to the conclusion that no aspect of tax policy is more important for economic growth than the way we tax capital gains. You’d be wrong

http://www.forbes.com/sites/leonard...l-gains-tax-rates-and-economic-growth-or-not/

 

[zeke]

See, Zekester, it's not a zero sum thing--they've got and you dont. It's a "we're all in this together" thing. The more top earners earn, the more bottom earners earn as well.

You live in either a 1. lie or 2. a fantasy world.

You understand why everyone says that about you. Right? It is because you have no PROOF of what you say.
Top earners have been killing it for a few years.

Are you really so ******* stupid that you think lower wage earners are seeing their incomes grow greatly?

 

[zeke]

Hey, Zeke. You're middle class all right: Half way between homeless and welfare dependent.

Dude, I will bet you all the money you think you have that I am what I say I am.
Wanna take the bet? If not, shut the **** up.

We can figure out how you can get me your money later. If you wanna bet that is. It's put up or shut up time.

 

[The Rabbi]

See, Zekester, it's not a zero sum thing--they've got and you dont. It's a "we're all in this together" thing. The more top earners earn, the more bottom earners earn as well.

You live in either a 1. lie or 2. a fantasy world.

You understand why everyone says that about you. Right? It is because you have no PROOF of what you say.
Top earners have been killing it for a few years.

Are you really so ******* stupid that you think lower wage earners are seeing their incomes grow greatly?

Not this time, thanks to the oppressive policies of Democrats in taxation and regulation. Thanks for pointing that out.

 

[The Rabbi]

Hey, Zeke. You're middle class all right: Half way between homeless and welfare dependent.

Dude, I will bet you all the money you think you have that I am what I say I am.
Wanna take the bet? If not, shut the **** up.

We can figure out how you can get me your money later. If you wanna bet that is. It's put up or shut up time.

I'll bet you're a drunk piece of trailer trash witha grade school education. Prove me wrong with some intelligent posts.

 

[zeke]

Not this time, thanks to the oppressive policies of Democrats in taxation and regulation. Thanks for pointing that out.

You double down on stupid don't cha.

Oppressive policy blah blah blah. ******* ultra rich have never had it so good and it has been that way for a few years now.

And you want to put forth the bullshit claim that somehow it is the Dems fault that low wage earning have been flat for years.

Like I said rabbit. You double down on stupid.

You wanna take my bet?

 

[The Rabbi]

Not this time, thanks to the oppressive policies of Democrats in taxation and regulation. Thanks for pointing that out.

You double down on stupid don't cha.

Oppressive policy blah blah blah. ******* ultra rich have never had it so good and it has been that way for a few years now.

And you want to put forth the bullshit claim that somehow it is the Dems fault that low wage earning have been flat for years.

Like I said rabbit. You double down on stupid.

You wanna take my bet?

Who has controlled tax and regulatory policies for the last 6 years, Zeke? Is it the GOP? Is Bush still president?

 

[zeke]

I'll bet you're a drunk piece of trailer trash witha grade school education. Prove me wrong with some intelligent posts.

So you don't have the balls to put your money where your mouth is?
I am not surprised. ******* punk ass stupid rabbit.

 

[The Rabbi]

I'll bet you're a drunk piece of trailer trash witha grade school education. Prove me wrong with some intelligent posts.

So you don't have the balls to put your money where your mouth is?
I am not surprised. ******* punk ass stupid rabbit.

You lose, I win.

 

[Dad2three]

Not this time, thanks to the oppressive policies of Democrats in taxation and regulation. Thanks for pointing that out.

You double down on stupid don't cha.

Oppressive policy blah blah blah. ******* ultra rich have never had it so good and it has been that way for a few years now.

And you want to put forth the bullshit claim that somehow it is the Dems fault that low wage earning have been flat for years.

Like I said rabbit. You double down on stupid.

You wanna take my bet?

Who has controlled tax and regulatory policies for the last 6 years, Zeke? Is it the GOP? Is Bush still president?

Forgot the Dems had a super majority in the Senate for a TOTAL of 24 days in 2009, AS Dubya/GOP's 'job creator' policies were tanking the US economy? GOPers took the House in 2010 remember?

Misrepresentations, Regulations and Jobs
By Bruce Bartlett

Republicans favor tax cuts for the wealthy and corporations, but these had no stimulative effect during the George W. Bush administration and there is no reason to believe that more of them will have any today. And the Republicans’ oft-stated concern for the deficit makes tax cuts a hard sell.
These constraints have led Republicans to embrace the idea that government regulation is the principal factor holding back employment. They assert that Barack Obama has unleashed a tidal wave of new regulations, which has created uncertainty among businesses and prevents them from investing and hiring.

No hard evidence is offered for this claim; it is simply asserted as self-evident and repeated endlessly throughout the conservative echo chamber.

....As one can see, the number of layoffs nationwide caused by government regulation is minuscule and shows no evidence of getting worse during the Obama administration. Lack of demand for business products and services is vastly more important.

http://economix.blogs.nytimes.com/2011/10/04/regulation-and-unemployment/?_r=0

 

[Oldstyle]

You simply make my case for me that Kennedy saw tax cuts as a way to stimulate the economy...that remains the truth whether you call them "supply side cuts" or "demand side cuts", which is nothing more than semantics.

Tell you what dude. Lets run the top rates back up to 90% and cut it back down to 70% (all this for the very top top earners) and then we will see if you are correct. You good with that?

The problem you'd run into of course is that people earning in the top rate aren't stupid (hence why they are IN the top rate) and will be doing everything they can to protect themselves from your attempts to take their money. I would predict that any attempt to raise the top rate to 90% would simply result in those with investment capital shifting said capital into some form of tax free investment the result of which would be a marked dampening of the overall economy.

If THAT is what you're looking for, Zeke...then by all means raise that rate up!

 

[The Rabbi]

You simply make my case for me that Kennedy saw tax cuts as a way to stimulate the economy...that remains the truth whether you call them "supply side cuts" or "demand side cuts", which is nothing more than semantics.

Tell you what dude. Lets run the top rates back up to 90% and cut it back down to 70% (all this for the very top top earners) and then we will see if you are correct. You good with that?

The problem you'd run into of course is that people earning in the top rate aren't stupid (hence why they are IN the top rate) and will be doing everything they can to protect themselves from your attempts to take their money. I would predict that any attempt to raise the top rate to 90% would simply result in those with investment capital shifting said capital into some form of tax free investment the result of which would be a marked dampening of the overall economy.

If THAT is what you're looking for, Zeke...then by all means raise that rate up!

Zeke has trouble thinking beyond Stage One. Hell, he has problems getting to stage One.
The issue with a lot of libs is they never had positions of authority, never started or ran businesses, never worked in higher levels of corporate life. Therefore they have no idea what goes into those jobs. They think anyone can just walk in and do them. We had a thread from Swimexpert where he claimed that people who started or ran successful businesses werent smart. It's amazing.

 

[Oldstyle]

Dad can't seem to grasp the fact that while the term "trickle down" exists...it simply doesn't exist for economists. It's a pejorative. Something used by lay people opposed to Supply Side theory to put forth an image that doesn't in fact exist in the real world. Profit does not trickle down...profit in fact trickles UP!

 

[The Rabbi]

Dad can't seem to grasp the fact that while the term "trickle down" exists...it simply doesn't exist for economists. It's a pejorative. Something used by lay people opposed to Supply Side theory to put forth an image that doesn't in fact exist in the real world. Profit does not trickle down...profit in fact trickles UP!

Again people who have never started or run businesses have some strange ideas. They dont imagine that the owner is the very dead last person to get paid in any enterprise.

 

[Oldstyle]

Not this time, thanks to the oppressive policies of Democrats in taxation and regulation. Thanks for pointing that out.

You double down on stupid don't cha.

Oppressive policy blah blah blah. ******* ultra rich have never had it so good and it has been that way for a few years now.

And you want to put forth the bullshit claim that somehow it is the Dems fault that low wage earning have been flat for years.

Like I said rabbit. You double down on stupid.

You wanna take my bet?

Who has controlled tax and regulatory policies for the last 6 years, Zeke? Is it the GOP? Is Bush still president?

Forgot the Dems had a super majority in the Senate for a TOTAL of 24 days in 2009, AS Dubya/GOP's 'job creator' policies were tanking the US economy? GOPers took the House in 2010 remember?

Misrepresentations, Regulations and Jobs
By Bruce Bartlett

Republicans favor tax cuts for the wealthy and corporations, but these had no stimulative effect during the George W. Bush administration and there is no reason to believe that more of them will have any today. And the Republicans’ oft-stated concern for the deficit makes tax cuts a hard sell.
These constraints have led Republicans to embrace the idea that government regulation is the principal factor holding back employment. They assert that Barack Obama has unleashed a tidal wave of new regulations, which has created uncertainty among businesses and prevents them from investing and hiring.

No hard evidence is offered for this claim; it is simply asserted as self-evident and repeated endlessly throughout the conservative echo chamber.

....As one can see, the number of layoffs nationwide caused by government regulation is minuscule and shows no evidence of getting worse during the Obama administration. Lack of demand for business products and services is vastly more important.

http://economix.blogs.nytimes.com/2011/10/04/regulation-and-unemployment/?_r=0

I love when you liberals bring up how few days Democrats had their Super Majorities. 24 "working days" sounds like such a small amount...doesn't it? But let's put that in context. In an average year the Congress averages a little over 130 "working days" out of 365 days in a year! 24 working days is actually a rather long time. Yet during all of that time they controlled everything...the Democrats basically did two things legislatively...they passed ObamaCare and they passed the Obama Stimulus neither one of which did diddly to put Americans in the Private Sector back to work.