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And TM goes into full meltdown mode.
And there it is!
the "your a poopy pants defense".
these people are full of shit and could not recognise a facts if it was tattooed into their abdula oblingota
Find your own damn links, I gave you the sources. Do your own damn research.
The idea that you know more than Dr Art Laffer about these things...priceless!
Dr laffer is a partisan hack you asshole.
Now you cant provide ANY links can you?
Now why do you believe in shit that is only stated on partisan hack sites?
Hack sites like the WSJ and public statements from California State Controller John Chiang? Whatever.
so is that an admission you cant find real facts to back your claim that revenues fall when taxes rise?
Now PROVE taxes cause fewer revenues liked you claimed
Educate yourself...if that's possible. Plenty of examples. If you can actually read better than you write, try this one:
[ame=http://www.amazon.com/The-End-Prosperity-Higher-Economy--If/dp/B0064XGGVE/ref=sr_1_2?ie=UTF8&qid=1357921124&sr=8-2&keywords=Arthur+Laffer]The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen: Arthur B. Laffer, Stephen Moore, Peter Tanous: Amazon.com: Books[/ame]
You can also look to when we raised tax rates in the early 90s and guess what? It didn't raise any tax revenues...that's the point. In 1989, federal revenues were 19.3% of GDP. In 1991, after the tax rate hikes, revenues slipped to 19.1%. According to the WSJ, the rich in particular paid LESS taxes after the rates where raised - $6.5 billion less! The WSJ report stated "81% of the revenues expected from the 1990 budget deal failed to materialize"
Or, you could look to your own damn state! In the first month after the passage of Prop 30, revenue was DOWN. California State Controller John Chiang has announced that "total state revenue for the month of November 2012 fell $806.8 million, or 10.8%, below budget."
Oops, not off to a good start.
TM has no clue of the fact that all of the taxation and over regulation going on this loony bin is causing employers, large medium and small, to pack up and boogie, thereby taking thousands of well paid taxpayers with 'em.yea but your a fucki ng liar who still refuses to back up with fact your claim that taxes cause revenue decreases.
Take that up with your state's Controller and the WSJ. I cited cases in which higher tax rates lead to less revenue. There are several more in Laffer's book. You can deny all you like, those are the facts.
And please, stop spamming my profile. It's just silly.
this is why your party is dying.
You people just lap up whatever your rold by the right and dont give a shit if they are lying to you to get your fucking money.
good god people
Well, isn't that special......I guess that makes up for the state now losing one of it's biggest employers, Chevron, who's pulling up stakes and fleeing this loony bin.There is not a car assembly line left in California and New England
Guess again...
Tesla Motors | Premium Electric Vehicles
They just hit the benchmark of making 100 cars in a day up from 5 per day.
And now another huge employer, Intel, is chirping about fleeing this loony bin.
Look, you drunken stooge......The fact of the matter is, Employers of all sizes are fleeing this state in droves, thereby taking thousands of well paid taxpayers with them......When businesses flee, or just close up shop altogether, due to over TAXATION and regulation, it leads to huge losses in revenue to the state.There is NO basis in fact that proves taxes decrease revenues.
NONE
What this says to me is that the "facts" to fully support either side simply are not there. Since real life situations are unique and the same exact conditions are unlikely to be present in every situation, nobody knows for certain what will actually happen, only what could happen.
Not For long.Well, isn't that special......I guess that makes up for the state now losing one of it's biggest employers, Chevron, who's pulling up stakes and fleeing this loony bin.Guess again...
Tesla Motors | Premium Electric Vehicles
They just hit the benchmark of making 100 cars in a day up from 5 per day.
And now another huge employer, Intel, is chirping about fleeing this loony bin.
You might want to check your facts. Chevron is still headquartered in San Ramon. The moved 800, mostly technical positions, to Houston.
See what happens shortly after Bush tax cuts went into effect in late 2001?PROOVE your assertion with FACTS assholes
Hopefully she'll read it BEFORE she starts seeing double, and the room starts to spin.See what happens shortly after Bush tax cuts went into effect in late 2001?PROOVE your assertion with FACTS assholes
Now, pay attention to what happened in 2007 when the GOP lost control of Congress.
