The radicalization of the left

[AntonToo]

LOL yea ok. JFK idea of proper marginal tax rate was 60%

LOL. Yeah, ok. Here is JFK on record talking about how tax cuts improve a stagnant economy. A concept that would get him labeled as a “racist” and a “fascist” by you nut jobs today:

Ignoramus, the marginal tax rate is currently 30% bellow JFK's rate.

Tax cut from 90 to 60% is NOT like a tax cut from 30 to 20%...though of course that needs to be explained ot the tax-cut-good! sophsticates on the right.

 

[P@triot]

Ignoramus, the marginal tax rate is currently 30% bellow JFK's rate.

You act like that statement should mean something. It doesn’t. Except those ignorant leftists who have been defeated with facts but can’t accept it so they feel the need to post something.

When President Trump cut taxes - revenues to the federal government hit all-time highs. At the same time, we have astounding 3.7% unemployment and record low unemployment in the African-American community (which has you racists so pissed off that it’s comical). And on top of all of that, we’ve hit record highs in the market.

Only an ignorant asshole would attempt to argue with those results. But...the left is made up of a legion of ignorant assholes.

 

[P@triot]

Tax cut from 90 to 60% is NOT like a tax cut from 30 to 20%...though of course that needs to be explained ot the tax-cut-good! sophsticates on the right.

Losing weight from 300lbs to 225lbs is NOT like losing weight from 200lbs to 175lbs.

You’re right. The weight loss from 200 to 175 is even more impressive and results in optimum health. And since our economy is experiencing record low unemployment, record high market numbers, and record high tax revenues to the federal government, we’re clearly close to optimum tax rates.

Sad that unsophisticated ignorant leftists need something so basic explained to them.

 

[BULLDOG]

Ignoramus, the marginal tax rate is currently 30% bellow JFK's rate.

You act like that statement should mean something. It doesn’t. Except those ignorant leftists who have been defeated with facts but can’t accept it so they feel the need to post something.

When President Trump cut taxes - revenues to the federal government hit all-time highs. At the same time, we have astounding 3.7% unemployment and record low unemployment in the African-American community (which has you racists so pissed off that it’s comical). And on top of all of that, we’ve hit record highs in the market.

Only an ignorant asshole would attempt to argue with those results. But...the left is made up of a legion of ignorant assholes.

So why has the national debt jumped a trillion dollars since Trump became president? We're up to more than 22 trillion dollars now.

You might note that the total real revenues, after adjustment for inflation, etc fell, and compared to CBO projections for the same period without the tax bill, they fell a lot.

 

[AntonToo]

Ignoramus, the marginal tax rate is currently 30% bellow JFK's rate.

You act like that statement should mean something. It doesn’t. Except those ignorant leftists who have been defeated with facts but can’t accept it so they feel the need to post something.

When President Trump cut taxes - revenues to the federal government hit all-time highs. At the same time, we have astounding 3.7% unemployment and record low unemployment in the African-American community (which has you racists so pissed off that it’s comical). And on top of all of that, we’ve hit record highs in the market.

Only an ignorant asshole would attempt to argue with those results. But...the left is made up of a legion of ignorant assholes.

None of the ignorant bullshit you just posted even begins to address in ANY WAY the fact that JFK favored tax rates much much higher than they are right now.

If a politician proposed those rates today you would without a doubt call him/her a socialist.


As a side discussion:

Revenues are in fact down from where they should've been. When you do the most basic 4% adjustment for inflation and normal 2% REAL growth we are down by over 250 billion.

It may seem amazing to you rightwing kooks to learn, but the most basic thing that happens when people pay less taxes is government collecting less revenues.

Uneployment has been falling since 2010, from 10% to 4.2% at the end of 2017 without any new tax-cuts, but gosh, if it goes down another 0.5% then it's definetly the tax cuts

 

[AntonToo]

Tax cut from 90 to 60% is NOT like a tax cut from 30 to 20%...though of course that needs to be explained ot the tax-cut-good! sophsticates on the right.

Losing weight from 300lbs to 225lbs is NOT like losing weight from 200lbs to 175lbs.

You’re right. The weight loss from 200 to 175 is even more impressive and results in optimum health.

Dumbass, the equivalent point is that weight loss being good IS NOT AN ABSOLUTE CONCEPT, jsut as tax-cutting being good or bad is not an absolute, but is relative to where tax rates are at.

Weightloss is is only good IF you are overweight. If you are underweight it is obviously unhealthy.

In the very same way, there is a HEALTHY level of taxation that results in reasonable burden on taxpayers and sufficient revenues to meet the spending levels.

Tax-cutting in a low unemployment economy while posting trillion dollar deficits is OBVIOUSLY not fucking healthy. DUH

 

[P@triot]

So why has the national debt jumped a trillion dollars since Trump became president? We're up to more than 22 trillion dollars now.

Yeah, and over $10 trillion of that is due to Barack Obama alone. You celebrated the entire time. But now you’re suddenly fiscally conservative? Give me a break.

The debt continues to climb because the Dumbocrats are greedy and lazy. They created unconstitutional communist programs like Social Security, Medicare, Medicaid, Obamacare, etc. which are completely unsustainable.

 

[P@triot]

The left condemns a beautiful Chinese American girl (Kathy Zhu) from an immigrant family who loves America and worships Ilhan Omar, who hates America.

President Trump has exposed the left. They are angry, violent, anti-liberty, unhinged, fascist lunatics.

 

[P@triot]

It may seem amazing to you rightwing kooks to learn, but the most basic thing that happens when people pay less taxes is government collecting less revenues.

If you understood basic economics, you would realize that as taxes decrease, the pool of people taxed drastically increases. Hence the increased revenues to the government.

 

[BULLDOG]

So why has the national debt jumped a trillion dollars since Trump became president? We're up to more than 22 trillion dollars now.

Yeah, and over $10 trillion of that is due to Barack Obama alone. You celebrated the entire time. But now you’re suddenly fiscally conservative? Give me a break.

The debt continues to climb because the Dumbocrats are greedy and lazy. They created unconstitutional communist programs like Social Security, Medicare, Medicaid, Obamacare, etc. which are completely unsustainable.

Obama didn't crash the economy. He saved it.

 

[AntonToo]

It may seem amazing to you rightwing kooks to learn, but the most basic thing that happens when people pay less taxes is government collecting less revenues.

If you understood basic economics, you would realize that as taxes decrease, the pool of people taxed drastically increases. Hence the increased revenues to the government.

It does not "drastically increases", stop pedling baseless bullshit.

Most obvoius example would be cutting tax-rates to 0.1% - you aren't nuts enough to tell me that you think revenues won't decrease...are you?

Most economists peg the point of deminishing returns on marginal tax rate (inflection point on Laffer curve) to be somewhere around 50-60%.

 

[P@triot]

Obama didn't crash the economy. He saved it.

No snowflake, he collapsed it. If he had "saved" it - the American people wouldn't have given him the ass-kicking of a lifetime in the 2010 midterm elections (where he lost 69 seats in Congress alone, and hundreds all across the United States in state and local elections).

 

[P@triot]

Most obvoius example would be cutting tax-rates to 0.1% - you aren't nuts enough to tell me that you think revenues won't decrease...are you?

The Laffer Curve shows that they would decrease because that's too extreme. Just like the 50% - 60% lie you keep pushing is too extreme. The sweet spot is between 10% - 20%.

Hell, MaObama and the Dumbocrats pushed taxes almost to 40% and the bottom fell out of the economy. It's at 24% now for those making between $165,001 to $315,000 and we have one of the strongest economies in U.S. history with record revenues to the federal government.

That unequivocally proves right there alone that you're 50% - 60% is pure bullshit. Obama was lower than that and we had a terrible economy. Trump went much lower and we're almost hitting on all cylinders.

 

[AntonToo]

Most obvoius example would be cutting tax-rates to 0.1% - you aren't nuts enough to tell me that you think revenues won't decrease...are you?

The Laffer Curve shows that they would decrease because that's too extreme.

Dummy, Laffer Curve is a GENERAL CONCEPT that at SOME POINT revenue collection inflects as the tax rates go up. It does not specifically say at what rates it inflects and therefore CAN'T show any such thing.

Economists belive that we are somewhere in the R1 (liberals) and R2 (conservatives) at our current tax rates.

 

[AntonToo]

Hell, MaObama and the Dumbocrats pushed taxes almost to 40% and the bottom fell out of the economy.

Again you need to stop spreading bullshit, marginal tax rate was raised in 2012, which was followed by solid growth.

Further, current marginal tax rate IS STILL 37%. You are going to tell us that 2% marginal tax rate is the difference between economy's floor flalling out and "Trump boom"? How fucking stupid can you get?

 

[P@triot]

Again you need to stop spreading bullshit, marginal tax rate was raised in 2012, which was followed by solid growth.

Dumb ass, the "solid growth" was the result of conservative policy across the nation. Like states going to NO income tax at all. 0.00%.

Like all liberals, you can't think beyond powerful, centralized, federal government. You have absolutely no concept of government at other levels or how their policies affect jobs, GDP, growth, etc. In other words, like all liberals, you have absolutely no concept of basic economics.

 

[P@triot]

Further, current marginal tax rate IS STILL 37%. You are going to tell us that 2% marginal tax rate is the difference between economy's floor flalling out and "Trump boom"? How fucking stupid can you get?

I just proved that was a lie. Here it is again, dumb ass: It's at 24% now for those making between $165,001 to $315,000 and we have one of the strongest economies in U.S. history with record revenues to the federal government.

 

[AntonToo]

Further, current marginal tax rate IS STILL 37%. You are going to tell us that 2% marginal tax rate is the difference between economy's floor flalling out and "Trump boom"? How fucking stupid can you get?

I just proved that was a lie. Here it is again, dumb ass: It's at 24% now for those making between $165,001 to $315,000 and we have one of the strongest economies in U.S. history with record revenues to the federal government.

Helpless dummy, marginal tax rate means a tax rate in the highest bracket. And yes, it is IN FACT 37%, applying to 600k+ mfj.

 

[AntonToo]

Again you need to stop spreading bullshit, marginal tax rate was raised in 2012, which was followed by solid growth.

Dumb ass, the "solid growth" was the result of conservative policy across the nation. Like states going to NO income tax at all. 0.00%.

Like all liberals, you can't think beyond powerful, centralized, federal government. You have absolutely no concept of government at other levels or how their policies affect jobs, GDP, growth, etc. In other words, like all liberals, you have absolutely no concept of basic economics.

What conservative policies caused 2014-2015 boom?

Higher local minimum wages maybe?


You are so fucking crazy and hopped up on partisan cool-aid it’s thought to keep up.

 

[P@triot]

What conservative policies caused 2014-2015 boom?

First of all, there was no “boom” in 2014 - 2015. Barack Obama became the only president in U.S. history to not have at least a single year of 3% GDP growth or better. That’s a fact. Barack Obama’s unconstitutional Executive Orders ensured no “boom”.

Higher local minimum wages maybe?

No state income taxes (saving a fortune for businesses and giving consumers more purchasing power), energy development (such as fracking in North Dakota, Texas, etc.), elimination of costly and senseless regulations, and more.