tax cuts for wealthy dont stimulate the economy:study

[TakeAStepBack]

It's like trying to teach a fucking lizard financing.

I'd like to see her budgets and financials on her rental properties.

They would probably be pure comedy gold.

TM has rental properties?

 

[Truthmatters]

Which tax cuts stimulate the economy? | Tax Break



“Almost all of the stimulative effect of tax cuts,” Zidar found, “results from tax cuts for the bottom 90 percent. A one percent of GDP tax cut for the bottom 90 percent results in 2.7 percentage points of GDP growth over a two-year period. The corresponding estimate for the top 10 percent is 0.13 percentage points and is insignificant statistically.”

Owen M. Zidar, a graduate economics student at the University of California at Berkeley

 

[Lonestar_logic]

It's like trying to teach a fucking lizard financing.

I'd like to see her budgets and financials on her rental properties.

They would probably be pure comedy gold.

TM has rental properties?

Just her brain.

It's rented to Joe Biden when she's not using it.

 

[Truthmatters]

this guy has an economics education.

You gave a biased blog spot

 

[Rat in the Hat]

I'd like to see her budgets and financials on her rental properties.

They would probably be pure comedy gold.

TM has rental properties?

Just her brain.

It's rented to Joe Biden when she's not using it.

And it's still never been used.

 

[Truthmatters]

this is how you people treat all sceince.

 

[DiamondDave]

this guy has an economics education.

You gave a biased blog spot

budget surplus
Definition
The amount by which a government's, company's, or individual's income exceeds its spending over a particular period of time.

As shown by the ACTUAL NUMBERS, THIS HAS NOT HAPPENED SINCE 1957...

Government - Historical Debt Outstanding - Annual 2000 - 2010
Government - Historical Debt Outstanding - Annual 1950 - 1999

FACT

Game, set, match, championship

 

[Truthmatters]

your ideas are historically failed ideas.


they dont make sense

 

[Rat in the Hat]

this is how you people treat all sceince.

What are you trying to spell, "science" or "seance"??

 

[TakeAStepBack]

Sceince? I thought it was seance your type was practicing.

 

[Lonestar_logic]

this guy has an economics education.

You gave a biased blog spot

He's not biased?

 

[TakeAStepBack]

Lair!!!

 

[Rat in the Hat]

your ideas are historically failed ideas.


they dont make sense

Your ideas are hysterically funny ideas.

They don't make sense.

 

[Truthmatters]

this guy has an economics education.

You gave a biased blog spot

He's not biased?

says you


Hes also NOT an economist

 

[Dick Tuck]

But raising taxes on them will make the economy soar won't it? lol

Actually it would. Instead of pissing away money on frivolous crap, the rich would become more inclined to maintain and grow their wealth for long term gains. That would result in more jobs for everyone else, and increase consumers that will add to the wealth of all.

 

[TakeAStepBack]

Is econoomics a hard science or a social science, TM?

 

[Lonestar_logic]

Which tax cuts stimulate the economy? | Tax Break



“Almost all of the stimulative effect of tax cuts,” Zidar found, “results from tax cuts for the bottom 90 percent. A one percent of GDP tax cut for the bottom 90 percent results in 2.7 percentage points of GDP growth over a two-year period. The corresponding estimate for the top 10 percent is 0.13 percentage points and is insignificant statistically.”

Owen M. Zidar, a graduate economics student at the University of California at Berkeley

Owen M. Zidar

About me


I'm an Economics Ph.D. student at UC Berkeley focusing on public finance and labor economics. I recently worked at the Council of Economic Advisers on housing, finance, and tax policy.


I'm interested in fiscal policy issues such as the economic impacts of taxing the rich, the labor market effects of countercyclical investment subsidies, and the links between taxation and job creation. Methodologically, I am interested in using microeconometric approaches to address macroeconomic issues, especially in public finance.

 

[TakeAStepBack]

But raising taxes on them will make the economy soar won't it? lol

Actually it would. Instead of pissing away money on frivolous crap, the rich would become more inclined to maintain and grow their wealth for long term gains. That would result in more jobs for everyone else, and increase consumers that will add to the wealth of all.

What?

You guys should really take an econ class or two....hell, it should be mandatory for any LOLberal.

 

[Soggy in NOLA]

and a study means nothing to them if it doesnt give their preconcieved notions believabilty

Considering you lack the basics of first grade level spelling, why would anybody take a fucking abject moron like you serious?

 

[Lonestar_logic]

this guy has an economics education.

You gave a biased blog spot

He's not biased?

says you


Hes also NOT an economist

It was a question you idiot not a statement. Notice the little "?" at the end.