(P.S. John McCain needs to retire)
.
What about Marco Rubio?
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(P.S. John McCain needs to retire)
.
Lowering taxes doesn't "free up capital". Same with regulations.
A myth proved over and over again by conservative administration, which lowered taxes and softened regulations.
you are wrong....
Nearly every empirical study of taxes and economic growth published in a peer reviewed academic journal finds that tax increases harm economic growth.
...
This review of empirical studies of taxes and economic growth indicates that there are not a lot of dissenting opinions coming from peer-reviewed academic journals. More and more, the consensus among experts is that taxes on corporate and personal income are particularly harmful to economic growth, with consumption and property taxes less so. This is because economic growth ultimately comes from production, innovation, and risk-taking.
...
In sum, the U.S. tax system is a drag on the economy. Pro-growth tax reform that reduces the burden of corporate and personal income taxes would generate a more robust economic recovery and put the U.S. on a higher growth trajectory, with more investment, more employment, higher wages, and a higher standard of living.
What Is the Evidence on Taxes and Growth? | Tax Foundation
Not wrong at all.
History proves me out.
Reagan lowering taxes on rich folks? Led to raising taxes on the poor and middle class. It also led to massive bailouts of the financial industry.
Part 2: Bush lowering taxes on rich folks? Led to raising taxes on the poor and middle class. It also led to massive bailouts of the financial industry.
You need a new act.
ScreaingEagle -
How do you explain the fact that despite already having the lowest personal tax rates in the developed world, the US regularly has poorer economic growth than countries with much higher tax rates?
Also, as the only country in the developed world without a VAT or GST-type tax, why do you think the US has been so reluctant to move towards tax based on consumption rather than income?
No consumption tax because the libs harp that it would disproportionately affect those with the lowest incomes.
you are wrong....
Not wrong at all.
History proves me out.
Reagan lowering taxes on rich folks? Led to raising taxes on the poor and middle class. It also led to massive bailouts of the financial industry.
Part 2: Bush lowering taxes on rich folks? Led to raising taxes on the poor and middle class. It also led to massive bailouts of the financial industry.
You need a new act.
both Reagan and Bush cut taxes on EVERBODY and growth followed.....i guess you could say it eventuall LED to money-grubbing, big government, tax-raising Dimwits sucking the economy dry of any profits they could rip off the producers....
BO STILL wants more taxes to increase the size of government....are his tax increases and regs helping our economy?....that's one big fat NO....
when Reagan gave amnesty there were enough jobs (due to his economic growth) to absorb the Mexican illegals.....today the illegals are only helping increase the unemployment rate and hollowing out our health and welfare systems...because there is zero economic growth in BO's plans....
ScreaingEagle -
How do you explain the fact that despite already having the lowest personal tax rates in the developed world, the US regularly has poorer economic growth than countries with much higher tax rates?
Also, as the only country in the developed world without a VAT or GST-type tax, why do you think the US has been so reluctant to move towards tax based on consumption rather than income?
we have the highest corporate rates in the world...
ScreaingEagle -
How do you explain the fact that despite already having the lowest personal tax rates in the developed world, the US regularly has poorer economic growth than countries with much higher tax rates?
Also, as the only country in the developed world without a VAT or GST-type tax, why do you think the US has been so reluctant to move towards tax based on consumption rather than income?
No consumption tax because the libs harp that it would disproportionately affect those with the lowest incomes.
You are confusing a flat tax with a consumption tax. They aren't the same. If we changed to a consumption tax, it would penalize those who spent their lives paying income taxes and delaying consumption until retirement.
No consumption tax because the libs harp that it would disproportionately affect those with the lowest incomes.
You are confusing a flat tax with a consumption tax. They aren't the same. If we changed to a consumption tax, it would penalize those who spent their lives paying income taxes and delaying consumption until retirement.
Either way.
It places a disproportional burden on the poor.
Both affect the poor more as their income would be taxed on the 'essentials' than those with higher incomes can easily manage.ScreaingEagle -
How do you explain the fact that despite already having the lowest personal tax rates in the developed world, the US regularly has poorer economic growth than countries with much higher tax rates?
Also, as the only country in the developed world without a VAT or GST-type tax, why do you think the US has been so reluctant to move towards tax based on consumption rather than income?
No consumption tax because the libs harp that it would disproportionately affect those with the lowest incomes.
You are confusing a flat tax with a consumption tax. They aren't the same. If we changed to a consumption tax, it would penalize those who spent their lives paying income taxes and delaying consumption until retirement.
You are confusing a flat tax with a consumption tax. They aren't the same. If we changed to a consumption tax, it would penalize those who spent their lives paying income taxes and delaying consumption until retirement.
Either way.
It places a disproportional burden on the poor.
Actually it doesn't. Poor people generally don't buy food.
Not wrong at all.
History proves me out.
Reagan lowering taxes on rich folks? Led to raising taxes on the poor and middle class. It also led to massive bailouts of the financial industry.
Part 2: Bush lowering taxes on rich folks? Led to raising taxes on the poor and middle class. It also led to massive bailouts of the financial industry.
You need a new act.
both Reagan and Bush cut taxes on EVERBODY and growth followed.....i guess you could say it eventuall LED to money-grubbing, big government, tax-raising Dimwits sucking the economy dry of any profits they could rip off the producers....
BO STILL wants more taxes to increase the size of government....are his tax increases and regs helping our economy?....that's one big fat NO....
when Reagan gave amnesty there were enough jobs (due to his economic growth) to absorb the Mexican illegals.....today the illegals are only helping increase the unemployment rate and hollowing out our health and welfare systems...because there is zero economic growth in BO's plans....
Jumped right over the bailouts did ya?
That's some good jumping.
Both affect the poor more as their income would be taxed on the 'essentials' than those with higher incomes can easily manage.No consumption tax because the libs harp that it would disproportionately affect those with the lowest incomes.
You are confusing a flat tax with a consumption tax. They aren't the same. If we changed to a consumption tax, it would penalize those who spent their lives paying income taxes and delaying consumption until retirement.
The 'poor' would have less 'disposable' income if they had to pay either tax.
As it is, those on food stamps are exempt from paying tax on sodas.
both Reagan and Bush cut taxes on EVERBODY and growth followed.....i guess you could say it eventuall LED to money-grubbing, big government, tax-raising Dimwits sucking the economy dry of any profits they could rip off the producers....
BO STILL wants more taxes to increase the size of government....are his tax increases and regs helping our economy?....that's one big fat NO....
when Reagan gave amnesty there were enough jobs (due to his economic growth) to absorb the Mexican illegals.....today the illegals are only helping increase the unemployment rate and hollowing out our health and welfare systems...because there is zero economic growth in BO's plans....
Jumped right over the bailouts did ya?
That's some good jumping.
well i didn't want to add insult to injury...
Hispanic political leaders say 71% of Hispanic voters voted for Obama.
i'm sure you've heard , the Socialist agenda is saying the Republican party must IGNORE the fact millions of Hispanics came here illegally, FORGET about demanding these people abide by the law, and INVITE them to have the same status as an American.
and if they don't get what they want, they're going to go vote Democrat.
i don't know about the rest of you, but my answer to that is, BYE!
they're trying to blackmail Conservatives.
i'm supposed to be scared that some Republican politician , who didn't do enough about the immigration problem, won't have a job?
threatening to join the Democrat Party Of Evil is going to hurt me?
in 50 years the Democrats will destroy every freaking reason why you came here!
you can tell your grand kids what a hero you are.
(P.S. John McCain needs to retire)
.
Marco Rubio is NOT a Democrat
Neither is Bobby Jindal
the browning of the GOP
That WAS true when unions were formed decades ago. You fail to understand that I wrote "Today's unions". I agree that unions brought us out of the child-labor and sweat shop days. They have gone beyond "fair pay for a day's work" and reasonable benefits to ridiculous wages and pay-for-not-working demands and have made the companies they work for either go out of business or move overseas. The ridiculous lifetime pension plans wherein companies pay 90% of salary until the beneficiary dies and then 70% or so to the surviving spouse have broken the backs of some formerly well run, profitable, job-providing companies. Like I said ... unions have members have slit their own throats by letting their goons demand more than is available.If by some fluke of nature, the union goons back off and cease asking for more than they are worth, stop digging into to profits of a successful company just because they can...then maybe, just maybe there won't be a need to seek the cheap labor that comes across the border begging for relief from squalid conditions in their homeland.So strange. Conservatives will be the first ones bitching about tightening the borders and then they'll be the first ones bitching about finding cheap labor.
Sleaze bag unions are the principle cause of our shipping factories and jobs overseas. The dumbass bastards that join them are slitting their own throats as they buy silk suits, limos and high style living for their "organizers". Today's unions are nothing more than legalized mafia!
And America roars with laughter. Without unions and government, business would have all of us working 12 hours a day for $4 an hour with no benefits. Child labor would be in vogue. The history of labor in this country, when business is unregulated, is one of exploitation.
Unions are a dying breed in the US. They are already on the way out.
You are confusing a flat tax with a consumption tax. They aren't the same. If we changed to a consumption tax, it would penalize those who spent their lives paying income taxes and delaying consumption until retirement.
Either way.
It places a disproportional burden on the poor.
Actually it doesn't. Poor people generally don't buy food.
Hispanic political leaders say 71% of Hispanic voters voted for Obama.
i'm sure you've heard , the Socialist agenda is saying the Republican party must IGNORE the fact millions of Hispanics came here illegally, FORGET about demanding these people abide by the law, and INVITE them to have the same status as an American.
and if they don't get what they want, they're going to go vote Democrat.
i don't know about the rest of you, but my answer to that is, BYE!
they're trying to blackmail Conservatives.
i'm supposed to be scared that some Republican politician , who didn't do enough about the immigration problem, won't have a job?
threatening to join the Democrat Party Of Evil is going to hurt me?
in 50 years the Democrats will destroy every freaking reason why you came here!
you can tell your grand kids what a hero you are.
(P.S. John McCain needs to retire)
.
Either way.
It places a disproportional burden on the poor.
Actually it doesn't. Poor people generally don't buy food.
Why should they when there are dumpsters to be had?