Faun
Diamond Member
- Nov 14, 2011
- 123,759
- 79,313
LOLLOLOLOLa) none of that touches on whether or not tax cuts increase tax revenue. They don’t.I already did, ya lying con. The housing bubble. It was already growing rapidly but began exploding at some point in 2003, going full retard in 2004.
So, you are suggesting that the increase in revenue was due to the housing bubble? OK, maybe we can agree on that. We could also say that.........the Clinton expansion was due to the dot com bubble, couldn't we? We could also say that.........the Reagan expansion was due to pent up demand, and now lower interest rates too, couldn't we?
Now I bet you think I am trying to set you up on this one, but that is NOT true. All of the questions in my last sentence could easily be construed as accurate, and probably closer to the truth then many on either side want to admit.
But here is the deal-----------> WHY, yes WHY if these questions are accurate, are they even CLOSE to accurate?
ANSWER-------->Because all invested money that is not stupid, takes the path of least resistance. PLEASE POGO, read that previous sentence again!
Regardless of if Republican or Democrat, our economy is touched by what our politicians think, then enact. If lobbyists, or government officials want you to buy something, they promote it through a tax savings. EXAMPLE----------> If I pay 1000 bucks for rent a month, but if I buy a place it costs 1075 a month........but the government gives me a 75 buck tax break while my property rises in value, I am a damn fool not to buy. Can I have an amen?
You see Pogo, I am not an advocate for tax breaks perse', unless the tax breaks allow fair and equal access to allow YOU to decide what YOU want to buy by fair price, and not a falsely lowered price, because of government mandate on what they THINK you ought to buy, thus giving you a break on the product(s) of their choice that they think are good for you.
This interference by the government, causes bubbles. We seen it with housing. the dot com, and autos after the clunkers program. All done in good theory, but in actual practice, absolutely terrible!
All these failed programs from our BRILLIANT leaders from BOTH political entities; where did the actual money come from? Same place our tax break money came from, from us!
POGO, I do not agree with you on much of anything, do I? And yet, you taking YOUR money and deciding what to do with it, is a far better economic signal to all of us, then letting the government decide what YOU should buy by giving breaks for certain consumables, sending everyone watching a false economic signal.
This is NOT just a Democratic problem, it is BOTH political entities.
So you ask, what has this got to do with tax cuts? Good question!
ANSWER-------------> If we allow you to do what YOU want to do without greasing the skids towards what anyone wants, then you will do what is best for you. The more money we allow you to make those decisions with, the stronger the signal to everyone. It shows in the numbers!
This means that if YOU want more beef, I need to invest in MORE BEEF! If you want more chicken, then chicken farms it is.
But, if I allow the government to subsidize chicken when you really want beef, I have done you no service.
Why?
Because if I invest in beef, the price will fall, meaning YOU get what you want by me reading the real and accurate signals.
Why?
Because by all of us investing, the amount of beef will rise, meaning at some point, the supply will exceed the demand forcing the price down, meaning you eventually get what you want. Price supports by government, skew this relationship, and you get an over abundance of chicken!
So by allowing you to keep as much of your money as possible, it helps quickly inform me of what you really want as far as products. That makes me wealthy. You too, if you care to participate!
So what you want for dinner POGO? Chicken? Steak? Are you a vegetarian and want green beans and rice? Use your tax break to buy stuff, and I promise that not only will you have it, the price will come down as we invest in it, to make a profit-) Follow our lead, and like it or not, you will be more wealthy too.
b) I’m not Pogo. You’re so far gone, you don’t even know who you’re talking to, even though you’re clicking reply to my posts — which should have offered you a huge clue.Lying doesn’t help you at all. Your own links showed that federal income tax revenues declined in 1982, 1983, 2001, 2002 and 2003. That would not have been the case had tax cuts generated tax revenue.Revenue streams down 2001...down 2002...down2003
GEEZ wonder why...hmmm... 2001.. RECESSION that started under Clinton, dot.com bust, on and yea $9 Trillion in losses between dot.com,recession and something happened 9/11?
View attachment 171870
Health, no offense intended,
but my whole thing is that "the past gives us a blueprint for the future." We can debate on the policies of Reagan, Kennedy, Coolidge, Clinton, and Bush Jr. What we actually have from history is.........what worked........and what did not! The numbers prove this out.
There is no longer a question of if the receipts to the treasury went down or not. It is right there in the historical numbers.
Now the left will always try and put forth the question/notion of what the numbers would be IF the rates were not cut. But you can NOT prove, or disprove a question that has no facts in evidence, now can you! If we tried to explain that it would have been worse, or much worse; we would be no better than Democrats trying to spin our view. Then it would become spin V spin, which one do you like more, yes!
So my whole thing is to insure the Left does not get to LIE! I will accept their supposition on "what might have happened" and debate that with them mano-e-mano, but will NEVER allow them to lie about the factual outcome of the policies that were actually invoked. As long as we all do that, the Left has a huuuuuuuge problem.
Personally, I do not think part of the Leftist posters on here are aware of the actual facts. Some of the other Leftist posters on here are AWARE of the actual facts, but try and rally the troops through obfuscation of the numbers, keeping them unaware on the Democratic plantation through propaganda.
FACTS are the enemy of the left! While probably NOT being popular, I must say that they are "not always wrong," just most of the time, lol! Facts do not belong to a political party, they belong to reality. Facts do not care who created them.......Republican or Democrat............just that they are facts!
When a Leftist comes up with a fact that proves their point, then to argue is to lose credibility. They are NOT always wrong. EXAMPLE--------> The Kennedy tax cuts did great! We should argue that position? To do so, makes us look like fools, yes?!?!?!?!?!
To argue that the Bill Clinton economy sucked it out is also a losing position. But, to correlate WHY it was a good economy, and what caused it, is a WINNING position!
In essence, what I am saying kinda long winded is----------> History teaches all things! Until re-enacting history and what works, the Left hasn't a leg to stand on until it fails. At that time, they have a case. So far, they have no case, no matter how hard they try! At some time in the near, or far future, it may change, who knows. But until that time, continue to refute them with facts of the past. Without past success, we have no blueprint, just theory. That is what they are selling, THEORY! We tried it with Obama, and now we revert with Trump. As long as we do BETTER with reverting, the Left has a deep hole to dig out of, and that is the absolute truth!
So let me get this straight, everyone watching?
Reagan enacted the tax cut in 1981, yes......or no?
So, in 1981 the income was-------->285,917 billion, yes or no?
In 1982, the income was------------->297,744 billion, yes or no?
So which is higher? Is it 285, or is it 297, lol.
In 1986, Reagan second phase went in, YES or NO?
Now in 1986, income was--------follow me here in your feeble mind--------->348,959. Yes or no?
In 1987, income to the feds was---------->392,557.
Now I know it is difficult for you Fauny, but which is higher?
-)
And so, in 2003, the Bush tax cuts were moved all forward to take effect, YES or NO!
In 2003 the income to the Fed was.......wait for it-------->793,699 billion. Yes or no!
In 2004, AFTER the cuts, the income to the Fed was------->808,959, yes or no!
Now then, is what came in for 2004 greater than, or less than what came in for 2003?
Your new name is, Fauny-Baloney-)
You lose, because EVERY government chart shows this, lol. Try again Boseaphus.
Here is the chart folks. For Leftists, your hero, Fauny-E-Baloney, just got his Leftist ass handed to him on a silver platter!
Federal Tax Revenue by Source, 1934 - 2018 - Tax Foundation
Moron....
You only looked at "Individual Income Taxes." We're talking about federal income tax revenues and you omit corporate income tax revenues..
At least you finally figured out not to include state and local tax revenues.
And at least you finally figured out not to include other taxes besides income taxes.
And at least you finally figured out I'm not Pogo.
Sucks to be you to have your ass kicked by someone you think of as feeble minded.
You lost as all the charts show. POGO, Head with antlers with nothing between them, Sciencesucks, SnakyJakey, all the same. You got HOSED, you lose, now go away and make some peanut butter sandwiches in your parents basement, you wet behind the ears little Antifah Leftist-)
You're deranged.
You proved me right when I said income tax revenues fell in 1982, 1983, 2001, 2002 and 2003.
You posted two sources...
1981 $347,054
1982 $346,951
1983 $325,960
2000: $1,211,751
2001: $1,145,414
2002: $1,006,389
2003: $925,477
1982 $346,951
1983 $325,960
2000: $1,211,751
2001: $1,145,414
2002: $1,006,389
2003: $925,477
1981: 347.05
1982: 346.95
1983: 325.96
2000: 1211.75
2001: 1145.41
2002: 1006.39
2003: 925.48
1982: 346.95
1983: 325.96
2000: 1211.75
2001: 1145.41
2002: 1006.39
2003: 925.48
You realize how retarded you are if I'm feeble minded and I'm kicking your ass with your own sources, right?