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How will tax cuts for the wealthy benefit all Americans ?
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Nov 25, 2016 21:51:11   #
Coos Bay Tom (a regular here)
 
I want to know. It has never worked before. Post here
 
Nov 25, 2016 22:09:07   #
Mr Bombastic
 
Coos Bay Tom wrote:
I want to know. It has never worked before. Post here


How does taxing the rich help anyone? That has never worked before. However, if you lower taxes for everyone, get rid of all those burdensome regulations, and cut government spending, everyone benefits. All those regulations and high taxes are forcing business overseas. How does that help anyone? Look at what Texas is doing. They have created more new jobs than anyone. What they have done is create an environment that is friendly to business. The rest of America should take notice.
Nov 25, 2016 22:28:37   #
Super Dave (a regular here)
 
Coos Bay Tom wrote:
I want to know. It has never worked before. Post here

Simple as I can make it:

1. Jobs improve the economy. Unemployment hurts the economy.

2. Poor people don't create jobs. People with money to invest in capitol do.

3. Therefore, turning rich people into poor people decreases jobs, increases welfare, and destroys the economy.

Clear enough?
Nov 25, 2016 23:31:15   #
moldyoldy (a regular here)
 
Super Dave wrote:
Simple as I can make it:

1. Jobs improve the economy. Unemployment hurts the economy.

2. Poor people don't create jobs. People with money to invest in capitol do.

3. Therefore, turning rich people into poor people decreases jobs, increases welfare, and destroys the economy.

Clear enough?


Rich people have been hoarding all those extra profits, and storing it offshore.
Small business people are creating jobs.
Deregulation gets us poison food from china.
Fewer inspectors also helps t kill us.
Regulations were put in place for a reason.
We let the banks get away from regulations and it almost destroyed the country.
Nov 26, 2016 01:00:26   #
PeterS (a regular here)
 
Mr Bombastic wrote:
How does taxing the rich help anyone? That has never worked before. However, if you lower taxes for everyone, get rid of all those burdensome regulations, and cut government spending, everyone benefits. All those regulations and high taxes are forcing business overseas. How does that help anyone? Look at what Texas is doing. They have created more new jobs than anyone. What they have done is create an environment that is friendly to business. The rest of America should take notice.


>>snip<<

California besting Texas in creating jobs, economic growth

http://www.politifact.com/texas/statements/2016/aug/17/julian-castro/julian-castro-says-california-besting-texas-creati

>>end<<

California creates jobs and Texas steals jobs. And our effective corporate tax rate is 12.6%, among the lowest in the world. You are spouting conservative myths and nothing more. The principle reason for moving jobs overseas is that the American worker average's $25 an hour and foreign workers average $3 an hour. You could eliminate all taxes and regulation and business would still relocate overseas. The only way to be competitive overseas is for foreign workers to make more or for US workers to make less. Which would you prefer it be...
Nov 26, 2016 01:09:37   #
PeterS (a regular here)
 
Super Dave wrote:
Simple as I can make it:

1. Jobs improve the economy. Unemployment hurts the economy.

2. Poor people don't create jobs. People with money to invest in capitol do.

3. Therefore, turning rich people into poor people decreases jobs, increases welfare, and destroys the economy.

Clear enough?


But people won't invest unless demand is there and by the number of Air Jordans on poor peoples feet even they provide demand. And you have to understand that we tax income not wealth. Taxing a millionaire 50% still leaves him millions and far from being poor...
 
Nov 26, 2016 01:14:29   #
PeterS (a regular here)
 
moldyoldy wrote:
Rich people have been hoarding all those extra profits, and storing it offshore.
Small business people are creating jobs.
Deregulation gets us poison food from china.
Fewer inspectors also helps t kill us.
Regulations were put in place for a reason.
We let the banks get away from regulations and it almost destroyed the country.


Regulations reguarding the environment are what conservatives are trying to eliminate and below is a photo of the air quality in a city in China. Now tell me, when trying to breath that air who's experiencing the burden--business or human beings...

http://www.coresponsibility.com/wp-content/uploads/2016/06/air-pollution_cropped.jpg
Nov 26, 2016 01:15:57   #
PeterS (a regular here)
 
Mr Bombastic wrote:
How does taxing the rich help anyone?
How do you think we pay for that military you conservatives are so in love with?
Nov 26, 2016 01:45:33   #
Super Dave (a regular here)
 
moldyoldy wrote:
Rich people have been hoarding all those extra profits, and storing it offshore.
Small business people are creating jobs.
Deregulation gets us poison food from china.
Fewer inspectors also helps t kill us.
Regulations were put in place for a reason.
We let the banks get away from regulations and it almost destroyed the country.

Rich people take their money to places that encourage it, not places that punish them for bringing money.
Small businesses are targeted by liberals because the owners are rich compared to welfare recipients. They are punished for hiring people with ridiculous regulations and taxes.
We get good from China because the government hates American farmers and runs then out of business with taxation and purposely counterproductive regulations ranging from regulating cow farts to actions such as cutting their water off to save snails.
Government inspectors are inefficient in part because they are hired based on color, sexual proclivity instead of ability, and can't be fired for poor performance because they're unionized.
Fannie Mae, Freddie Mac, and threats of criminal prosecution from the government forced banks to loan money to people that could not pay the mortgage, and that sent the real estate market down the tubes. The country itself was never in danger of being destroyed by it, Drama Queen.
Nov 26, 2016 02:00:03   #
EconomistDon
 
Coos Bay Tom wrote:
I want to know. It has never worked before. Post here


Who, other than Hillary, said anything about tax cuts for the wealthy? Trump is talking about tax cuts for business, not individual income taxes. There is a pretty big difference there. Corporate taxes are 35 percent on corporate income above $335,000. That is tied for the sixth highest rate in the world out of 86 nations.

You say lowering corporate taxes never worked before, but it did. Apparently you were not around during the Reagan years. Reagan's "Tax Act of 1984" lowered corporate rates and Reagan's administration rolled back stifling regulations. It was called supply-side economics, and it turned around the worst economic crash since the Great Depression. Inflation and unemployment rates were both in double digits when Reagan took office. It was given a new term - stagflation - because inflation kept going up as unemployment went up. They usually run in opposite directions. Supply-side economics turned the economic freight train around, launching the longest, strongest economic expansion in the nation's history.

Coos, you need to clear your head of the garbage that Hillary spouted during the campaign and "listen" to what Trump is saying.
Nov 26, 2016 02:30:09   #
Coos Bay Tom (a regular here)
 
EconomistDon wrote:
Who, other than Hillary, said anything about tax cuts for the wealthy? Trump is talking about tax cuts for business, not individual income taxes. There is a pretty big difference there. Corporate taxes are 35 percent on corporate income above $335,000. That is tied for the sixth highest rate in the world out of 86 nations.

You say lowering corporate taxes never worked before, but it did. Apparently you were not around during the Reagan years. Reagan's "Tax Act of 1984" lowered corporate rates and Reagan's administration rolled back stifling regulations. It was called supply-side economics, and it turned around the worst economic crash since the Great Depression. Inflation and unemployment rates were both in double digits when Reagan took office. It was given a new term - stagflation - because inflation kept going up as unemployment went up. They usually run in opposite directions. Supply-side economics turned the economic freight train around, launching the longest, strongest economic expansion in the nation's history.

Coos, you need to clear your head of the garbage that Hillary spouted during the campaign and "listen" to what Trump is saying.
Who, other than Hillary, said anything about tax c... (show quote)
I voted for Reagan twice. Carter raised the interest rates to bring in money to the central bank. I was in the Carpenters Union and work became scarce in Klamath Falls where I lived. I never listened much to Hillary--She doesn't "inspire" me. Trump gets a person excited--says what you want to hear. I guess that's how he won. What I am concerned about is our future. The government collects revenue and that is how we get things done. Less government fund ability-- less gets done.
 
Nov 26, 2016 05:16:37   #
reconreb
 
Coos Bay Tom wrote:
I want to know. It has never worked before. Post here


Less money taken from economy by the wasteful fed. the more money circulating in economy , Tax cuts are across the board , you will get tax cut and you will spend that money the same as corp. America , seems like a no brainer ..
Nov 26, 2016 06:07:03   #
badbob85037 (a regular here)
 
What do you mean it's never worked before? When you lower taxes it puts more money into the economy. That allows more goods to be bought which in turn produces more jobs. Though taxes are lower you now have more people paying them so government is happy, people with jobs happy, and the people buying the goods are happy. The only ones not happy are Progressives and libtards who are only happy when they are promoting one of their sick agendas or pulling the wings off flies.
Nov 26, 2016 06:29:51   #
Coos Bay Tom (a regular here)
 
badbob85037 wrote:
What do you mean it's never worked before? When you lower taxes it puts more money into the economy. That allows more goods to be bought which in turn produces more jobs. Though taxes are lower you now have more people paying them so government is happy, people with jobs happy, and the people buying the goods are happy. The only ones not happy are Progressives and libtards who are only happy when they are promoting one of their sick agendas or pulling the wings off flies.
Most of our goods now come from China--That is not making me happy
Nov 26, 2016 06:33:15   #
Coos Bay Tom (a regular here)
 
PeterS wrote:
>>snip<<

California besting Texas in creating jobs, economic growth

http://www.politifact.com/texas/statements/2016/aug/17/julian-castro/julian-castro-says-california-besting-texas-creati

>>end<<

California creates jobs and Texas steals jobs. And our effective corporate tax rate is 12.6%, among the lowest in the world. You are spouting conservative myths and nothing more. The principle reason for moving jobs overseas is that the American worker average's $25 an hour and foreign workers average $3 an hour. You could eliminate all taxes and regulation and business would still relocate overseas. The only way to be competitive overseas is for foreign workers to make more or for US workers to make less. Which would you prefer it be...
>>snip<< br br California besting Tex... (show quote)
Very good and truthful article

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