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How will tax cuts for the wealthy benefit all Americans ?
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Nov 26, 2016 11:49:39   #
Glaucon
 
Larry the Legend wrote:
The biggest d**g on the US economy is the outrageous taxes paid by everyone. The US is, by far, the most heavily-taxed economy in the world. Don't think so? Read this:

http://theeconomiccollapseblog.com/archives/a-list-of-97-taxes-americans-pay-every-year

Now, this list is not complete. There are many more. Add in the cost of literally hundreds of thousands of stifling regulations and nonsensical statutes and is it any wonder that the businesses are all headed to foreign lands? There are literally trillions of US dollars sitting overseas because the owners refuse to hand over 70% of it to the Federal government in order to repatriate it. Does anyone blame them? I know I don't.
The biggest d**g on the US economy is the outrageo... (show quote)


What are some of those "thousands of stifling regulations and nonsensical statutes?" I have heard these talking points over and over, but no one has said what they are. A recent talking points were that Hillary is crooked and Obama lies. So far, no evidence of Hillary being crooked or Obama telling a lie, but those talking points travel on.

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Nov 26, 2016 11:58:26   #
Super Dave Loc: Realville, USA
 
Glaucon wrote:
What are some of those "thousands of stifling regulations and nonsensical statutes?" I have heard these talking points over and over, but no one has said what they are. A recent talking points were that Hillary is crooked and Obama lies. So far, no evidence of Hillary being crooked or Obama telling a lie, but those talking points travel on.


If you really believe everyone that liked their medical plan kept their medical plan, B******i was caused by a video, and Hillary's speeches were worth $300,000.00, then you're stupid as a toadstool.

I don't think you are. I think you're pretending.

Reply
Nov 26, 2016 11:59:02   #
Glaucon
 
Super Dave wrote:
I've made no black/white arguments.

Limited government doesn't mean no government.

The constitution's articles define the government's power, and the Bill of Rights (which take precedence in any conflict) limit's those powers, giving all of the remaining power to the states and to the people. Some of the following amendments muddy the water, but the bulk of American's rights still legally exist.

Taxation should be implored to fund that which people cannot do for themselves. Every $0.01 in taxation is a loss of someone's liberty. It should never happen except when necessary for the health of the Republic.
I've made no black/white arguments. br br Limited... (show quote)


You seem to believe you have found all t***h and you have no need to consider your positions and factoids when some of us call bulls**t.

Our government is limited, but each individual cannot always have his very own way. Democracy is messy and only dictatorships can be really neat and efficient. I prefer our messy, confusing democracy to the alternative.

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Nov 26, 2016 12:00:28   #
Glaucon
 
Super Dave wrote:
I've made no black/white arguments.

Limited government doesn't mean no government.

The constitution's articles define the government's power, and the Bill of Rights (which take precedence in any conflict) limit's those powers, giving all of the remaining power to the states and to the people. Some of the following amendments muddy the water, but the bulk of American's rights still legally exist.

Taxation should be implored to fund that which people cannot do for themselves. Every $0.01 in taxation is a loss of someone's liberty. It should never happen except when necessary for the health of the Republic.
I've made no black/white arguments. br br Limited... (show quote)


You make black/white arguments and are apparently unaware of it. Read some of your posts.

Reply
Nov 26, 2016 12:09:31   #
moldyoldy
 
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)


T***h
Australia: 28.5%, however some specialized entities are taxed at lower rates.[13]
Canada: Federal 11%, or Federal 15% plus provincial 1% to 16%. Note: the rates are additive.[14]
Hong Kong: 16.5%[15]
Ireland: 12.5% on trading (business) income, and 25% on non-trading income.[16]
New Zealand: 28%
Singapore: 17% from 2010, however a partial exemption scheme may apply to new companies.[17]
United Kingdom: 20% to 21% for 2014–2015.[18]
United Kingdom: 20% for 2016[19]
United States: Federal 15% to 35%.[20] States: 0% to 10%, deductible in computing Federal taxable income. Some cities: up to 9%, deductible in computing Federal taxable income. The Federal Alternative Minimum Tax of 20% is imposed on regular taxable income with adjustments.

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Nov 26, 2016 12:12:10   #
Glaucon
 
Super Dave wrote:
If you really believe everyone that liked their medical plan kept their medical plan, B******i was caused by a video, and Hillary's speeches were worth $300,000.00, then you're stupid as a toadstool.

I don't think you are. I think you're pretending.


I won't go into it, again, but the one "example" of an Obama "lie" would not meet any normal person's definition of a lie. I am not sure that Obama knew that some medical plans failed to meet minimum standards at the time he made that statement. No one ever said that the video was THE cause of the B******i mess, but there was evidence it was part of the cause. Black/white argument, here? If I were offered $300,000 to give a lecture I would probably take the offer although my speech might be worth more or less that that amount. Sarah Palin's daughter who got knocked up twice is being paid $35.000 per speech to for speeches about not having sex before marriage. Now that is a lot for a very little from someone of no stature.

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Nov 26, 2016 12:12:47   #
permafrost Loc: Minnesota
 
Super Dave wrote:
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 h**es 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.
Rich people take their money to places that encour... (show quote)



Dave,

American Farmers.... The family farm was given the death knell by Reagan s "freedom to farm" program. That opened the way for the corporate farms that produce the vast majority of our food these days. Cow farts, that was a joke chuckled over by the on the ground inspectors. Was picked up and now is in the bible of conservative knowledge.. You all think that was gospel..

Government inspectors are over worked and given impossible goals because congress has refused requests for funding and staffing as needed by a growing food industry.

Banks forced to give loans??? What a foolish statement.. As soon as banks got past the long existing regulations, they tossed out bad loans as fast as the could write them. Then those loans whent into the derivative market and banks made money by losing money..

Yet you would leave bank to make those types of decisions with not regulations to slow them down? Lord help this nation...

Reply
 
 
Nov 26, 2016 12:16:45   #
Glaucon
 
moldyoldy wrote:
T***h
Australia: 28.5%, however some specialized entities are taxed at lower rates.[13]
Canada: Federal 11%, or Federal 15% plus provincial 1% to 16%. Note: the rates are additive.[14]
Hong Kong: 16.5%[15]
Ireland: 12.5% on trading (business) income, and 25% on non-trading income.[16]
New Zealand: 28%
Singapore: 17% from 2010, however a partial exemption scheme may apply to new companies.[17]
United Kingdom: 20% to 21% for 2014–2015.[18]
United Kingdom: 20% for 2016[19]
United States: Federal 15% to 35%.[20] States: 0% to 10%, deductible in computing Federal taxable income. Some cities: up to 9%, deductible in computing Federal taxable income. The Federal Alternative Minimum Tax of 20% is imposed on regular taxable income with adjustments.
T***h br Australia: 28.5%, however some specialize... (show quote)


Keep in mind that none of those countries have military bases in approximately one thousand sites around the world and that costs money we can either borrow from China or raise our own taxes. We have several wars going on as I write this and wars aren't cheap. We all ready up to our asses indebt because we have been letting our debt pile up rather that taxing ourselves for the things most of you apparently want.

Reply
Nov 26, 2016 12:17:07   #
Super Dave Loc: Realville, USA
 
Glaucon wrote:
You seem to believe you have found all t***h and you have no need to consider your positions and factoids when some of us call bulls**t.

Our government is limited, but each individual cannot always have his very own way. Democracy is messy and only dictatorships can be really neat and efficient. I prefer our messy, confusing democracy to the alternative.
What are you talking about?
Yes, I think I'm right when I say something of a factual nature... Duh... Just because I don't agree with something doesn't mean I don't consider it.

A great example is your post where you say there's no evidence of Obama telling a lie or Hillary being corrupt... That doesn't take long to consider. It's obviously click-bait.

Dictatorships are what happens when government gets too powerful. Dictatorships do not occur when government is properly limited.

Reply
Nov 26, 2016 12:21:11   #
permafrost Loc: Minnesota
 
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)



Don,

Your and economist, yket you did not look at trumps tax plan..it will give himself, business and people of his wealth great reductions and raise the national debt over 4 trillion dollars.

Clinton for her credit, would incrase the natl debt, about 250 billion dollars

Reagan and the tax act of 1984 was, among other things, sold as a solution to the SS problems created by the then coming rush of retirements. But it did not go to SS, Reagan stole that money and put it in the general fund because his tax reduction to the rich left the country unable to pay its bill.

deregulation made possible the Bush recession from which we are only the last few years recovering from.

It astounds me that you claim a background in economics and make these claims..

Reply
Nov 26, 2016 12:21:15   #
Glaucon
 
Super Dave wrote:
What are you talking about?
Yes, I think I'm right when I say something of a factual nature... Duh... Just because I don't agree with something doesn't mean I don't consider it.

A great example is your post where you say there's no evidence of Obama telling a lie or Hillary being corrupt... That doesn't take long to consider. It's obviously click-bait.

Dictatorships are what happens when government gets too powerful. Dictatorships do not occur when government is properly limited.
What are you talking about? br Yes, I think I'm r... (show quote)


Your last sentence is accurate and is supported by evidence and common sense, the rest of you post, not at all.

Reply
 
 
Nov 26, 2016 12:22:03   #
Big Bass
 
Coos Bay Tom wrote:
I want to know. It has never worked before. Post here


There are only three ways to get rich quick: 1) Inherit it
2) Win it in a lottery
3) Embezzle it.
If you are rich and you wish to stay rich, or become richer, you must invest your wealth. If you do, say, invest in a company, you need that company to grow, so your investment grows. The bigger it grows, the more people you employ, so the unemployed who get one of new jobs is now a tax-paying worker, instead of a draw on the system. (For simplicity, say he was drawing $20,000 unemployment, and now pays $10,000 in income tax. That's $30,000 for the government!) This new worker now has a disposable income and can spread his new money around on a new car, house, etc. These new car companies, home builders, home-appliance makers, etc. are now growing and need more workers, and so on, and so on....
Along comes a nasty liberal/c*******t government and slaps on very high taxes on rich people. The rich take their money out of the country and invest it in external tax-havens, where it does no good whatsoever to this country. But it does make the tax-haven country get fuller employment and therefore very competitive on the world market.
The moral of this story? NEVER V**E FOR A LIBERAL/C*******T GOVERNMENT!!

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Nov 26, 2016 12:22:56   #
Nuclearian Loc: I live in a Fascist, Liberal State
 
[quote=PeterS]>>snip<<

California besting Texas in creating jobs, economic growth

quote]

For the millions of I******S, it don't count. We talking about AMERICAN citizens.

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Nov 26, 2016 13:04:08   #
Larry the Legend Loc: Not hiding in Milton
 
Well, if that which governs least governs best, then, by extension, that which governs not at all governs best of all. Can anyone tell me one thing that government (any government) does, that private individuals operating in a free market cannot improve upon? Just one single solitary thing is all I ask.

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Nov 26, 2016 13:24:03   #
Super Dave Loc: Realville, USA
 
Larry the Legend wrote:
Well, if that which governs least governs best, then, by extension, that which governs not at all governs best of all. Can anyone tell me one thing that government (any government) does, that private individuals operating in a free market cannot improve upon? Just one single solitary thing is all I ask.


National Defense.

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