Should The Rich Be Required To Pay Higher Taxes In the US?

[thanatos144]

yes, the wealthiest should be taxed according to their capital wealth under any form of Capitalism. It is the Capital Way.

That's the communist way dummy.

Sent from my SM-G386T1 using Tapatalk

 

[danielpalos]

yes, the wealthiest should be taxed according to their capital wealth under any form of Capitalism. It is the Capital Way.

That's the communist way dummy.

Sent from my SM-G386T1 using Tapatalk

don't be so silly, dear. it cannot be the communist way since socialism requires social forms of worth, not necessarily capital forms of worth. are you declaiming Capitalism in our Republic?

 

[Dad2three]

Weird, ONE POLL EVER from ANY UHC nation that wants US style H/C?

Must be because of the "failure" of the socialized systems right Bubs?

Yep, the US system is the best for those WITH money!

Feb 23, 2015 - "Medical tourism" refers to traveling to another country for medical care. It's estimated that up to 750,000 US residents travel abroad for care ...


CDC Features - Medical Tourism

Haha yes they would be in favor bc it's a utilitarian system, good of many outweighs the good of the few. So that poll would win every time...it also displays mob rule at it's finest. But those who need specialized treatment would vote for the us system hands down. And we do have socialized medicine in the US, so take a poll of the VA and see what system the veterans prefer...it's not going to be the VA. And what's the VA's excuse...we just need a few billion more dollars. So it literally pays in our system to be bad at your job.

That doesn't mean there are not any abuses in our system. Ask yourself why VRE is such a huge nosocomial infection in our hospitals, then look up PPI's and what they do, and why doctors prescribe them to essentially every patient who comes in the doors in an inpatient facility. Then look at how much PPI's cost per pill, and whose making the money off of that.

MOB RULE? From the guy positing Switzerland it's direct democracy as a libertarian wonderland? Buba, Bubba, Bubba


Vets don't like the VA? LOL


April 16, 2014 Independent 2013 Survey Shows Veterans Highly Satisfied with VA Care Higher rating than Private-Sector Hospitals on Average

WASHINGTON -- The American Customer Satisfaction Index (ACSI), an independent customer service survey, ranks the Department of Veterans Affairs (VA) customer satisfaction among Veteran patients among the best in the nation and equal to or better than ratings for private sector hospitals. The 2013 ACSI report assessed satisfaction among Veterans who have recently been patients of VA’s Veterans Health Administration (VHA) inpatient and outpatient services. ACSI is the nation’s only cross-industry measure of customer satisfaction, providing benchmarking between the public and private sectors.

In 2013, the overall ACSI satisfaction index for VA was 84 for inpatient care and 82 for outpatient care, which compares favorably with the U.S. hospital industry (scores of 80 and 83, respectively). Since 2004, the ACSI survey has consistently shown that Veterans give VA hospitals and clinics a higher customer satisfaction score, on average, than patients give private sector hospitals.



News Releases - Office of Public and Intergovernmental Affairs



Without the right wing memes, what do you have Bubs?

Ah really, bc I work with a former VA nurse and have a family full of marines (all 4 uncles served, one died in nam, 3 of 6 of their sons currently serve) on my moms side, all that say a very different story other than satisfaction. And ASCI is like the restaurant polls that they give to their happy customers...and there is a big difference in satisfaction when your paying for it VS when it's free, but you don't hear that control being taken into consideration when they do these polls.

ANYTHING on your MYTH of Switzerland being a libertarian paradise? How about on LBJ demand side tax cuts????


NOTHING HUH? lol

I'm not against demand side tax cuts!!! That's what I've been saying all along. Supply tax cuts also help...however I believe that they should be equal, not negligible. You want to cry about companies moving overseas, but push policies that drive them overseas more. And with the help of LBJs great society, how many more blacks are now dependent on the government?

And the biggest difference between private h/c and socialized h/c is that when there is wrong doing on the private side...those people go to prison and loose business ... When there's wrong doing with the VA, it's a slap on the wrist and more funding.

Yeah, false equivalencies, how wonderful *shaking head*



SUPPLY SIDE HELPS? WHEN DOES IT KICK IN BUBS?

Drive them overseas? Oh right the lowest EFFECTIVE tax rates on corps for 40 years? Horrible. Couldn't be CONservative "free trade" AS we gutted taxes on those job creators right?

Yep, the rights war on the war on poverty has worked better than the lefts war on poverty Bubs

 

[Dad2three]

Weird, ONE POLL EVER from ANY UHC nation that wants US style H/C?

Must be because of the "failure" of the socialized systems right Bubs?

Yep, the US system is the best for those WITH money!

Feb 23, 2015 - "Medical tourism" refers to traveling to another country for medical care. It's estimated that up to 750,000 US residents travel abroad for care ...


CDC Features - Medical Tourism

Haha yes they would be in favor bc it's a utilitarian system, good of many outweighs the good of the few. So that poll would win every time...it also displays mob rule at it's finest. But those who need specialized treatment would vote for the us system hands down. And we do have socialized medicine in the US, so take a poll of the VA and see what system the veterans prefer...it's not going to be the VA. And what's the VA's excuse...we just need a few billion more dollars. So it literally pays in our system to be bad at your job.

That doesn't mean there are not any abuses in our system. Ask yourself why VRE is such a huge nosocomial infection in our hospitals, then look up PPI's and what they do, and why doctors prescribe them to essentially every patient who comes in the doors in an inpatient facility. Then look at how much PPI's cost per pill, and whose making the money off of that.

MOB RULE? From the guy positing Switzerland it's direct democracy as a libertarian wonderland? Buba, Bubba, Bubba


Vets don't like the VA? LOL


April 16, 2014 Independent 2013 Survey Shows Veterans Highly Satisfied with VA Care Higher rating than Private-Sector Hospitals on Average

WASHINGTON -- The American Customer Satisfaction Index (ACSI), an independent customer service survey, ranks the Department of Veterans Affairs (VA) customer satisfaction among Veteran patients among the best in the nation and equal to or better than ratings for private sector hospitals. The 2013 ACSI report assessed satisfaction among Veterans who have recently been patients of VA’s Veterans Health Administration (VHA) inpatient and outpatient services. ACSI is the nation’s only cross-industry measure of customer satisfaction, providing benchmarking between the public and private sectors.

In 2013, the overall ACSI satisfaction index for VA was 84 for inpatient care and 82 for outpatient care, which compares favorably with the U.S. hospital industry (scores of 80 and 83, respectively). Since 2004, the ACSI survey has consistently shown that Veterans give VA hospitals and clinics a higher customer satisfaction score, on average, than patients give private sector hospitals.



News Releases - Office of Public and Intergovernmental Affairs



Without the right wing memes, what do you have Bubs?

Ah really, bc I work with a former VA nurse and have a family full of marines (all 4 uncles served, one died in nam, 3 of 6 of their sons currently serve) on my moms side, all that say a very different story other than satisfaction. And ASCI is like the restaurant polls that they give to their happy customers...and there is a big difference in satisfaction when your paying for it VS when it's free, but you don't hear that control being taken into consideration when they do these polls.

ANYTHING on your MYTH of Switzerland being a libertarian paradise? How about on LBJ demand side tax cuts????


NOTHING HUH? lol

Oh and there is no such thing as a paradise, wether it's by socialism or libertarianism...but the Swiss are doing undeniable better than their neighbors. And that's equality by opportunity, not equality by control.

So NO, SWITZERLAND ISN'T A LIBERTARIAN STATE. Thanks for agreeing, using monopolies, protectionist policy, MOB RULE, mandatory military service, etc ISN'T libertarian!

 

[sakinago]

Haha yes they would be in favor bc it's a utilitarian system, good of many outweighs the good of the few. So that poll would win every time...it also displays mob rule at it's finest. But those who need specialized treatment would vote for the us system hands down. And we do have socialized medicine in the US, so take a poll of the VA and see what system the veterans prefer...it's not going to be the VA. And what's the VA's excuse...we just need a few billion more dollars. So it literally pays in our system to be bad at your job.

That doesn't mean there are not any abuses in our system. Ask yourself why VRE is such a huge nosocomial infection in our hospitals, then look up PPI's and what they do, and why doctors prescribe them to essentially every patient who comes in the doors in an inpatient facility. Then look at how much PPI's cost per pill, and whose making the money off of that.

MOB RULE? From the guy positing Switzerland it's direct democracy as a libertarian wonderland? Buba, Bubba, Bubba


Vets don't like the VA? LOL


April 16, 2014 Independent 2013 Survey Shows Veterans Highly Satisfied with VA Care Higher rating than Private-Sector Hospitals on Average

WASHINGTON -- The American Customer Satisfaction Index (ACSI), an independent customer service survey, ranks the Department of Veterans Affairs (VA) customer satisfaction among Veteran patients among the best in the nation and equal to or better than ratings for private sector hospitals. The 2013 ACSI report assessed satisfaction among Veterans who have recently been patients of VA’s Veterans Health Administration (VHA) inpatient and outpatient services. ACSI is the nation’s only cross-industry measure of customer satisfaction, providing benchmarking between the public and private sectors.

In 2013, the overall ACSI satisfaction index for VA was 84 for inpatient care and 82 for outpatient care, which compares favorably with the U.S. hospital industry (scores of 80 and 83, respectively). Since 2004, the ACSI survey has consistently shown that Veterans give VA hospitals and clinics a higher customer satisfaction score, on average, than patients give private sector hospitals.



News Releases - Office of Public and Intergovernmental Affairs



Without the right wing memes, what do you have Bubs?

Ah really, bc I work with a former VA nurse and have a family full of marines (all 4 uncles served, one died in nam, 3 of 6 of their sons currently serve) on my moms side, all that say a very different story other than satisfaction. And ASCI is like the restaurant polls that they give to their happy customers...and there is a big difference in satisfaction when your paying for it VS when it's free, but you don't hear that control being taken into consideration when they do these polls.

ANYTHING on your MYTH of Switzerland being a libertarian paradise? How about on LBJ demand side tax cuts????


NOTHING HUH? lol

Oh and there is no such thing as a paradise, wether it's by socialism or libertarianism...but the Swiss are doing undeniable better than their neighbors. And that's equality by opportunity, not equality by control.

So NO, SWITZERLAND ISN'T A LIBERTARIAN STATE. Thanks for agreeing, using monopolies, protectionist policy, MOB RULE, mandatory military service, etc ISN'T libertarian!

How is it mob rule when they are a republic? And yes mandatory military service is a libertarian idea IF YOUR A NEUTRAL COUNTRY. Being neutral does not mean you never get attacked, which is why it is the responsibility of the citizens to be prepared to defend the country. And they can serve with confidence of not getting involved in any foreign wars.

And I, again, never said they were perfect...just that they have more libertarian policies than their neighbors and are doing quite well for themselves

 

[sakinago]

Haha yes they would be in favor bc it's a utilitarian system, good of many outweighs the good of the few. So that poll would win every time...it also displays mob rule at it's finest. But those who need specialized treatment would vote for the us system hands down. And we do have socialized medicine in the US, so take a poll of the VA and see what system the veterans prefer...it's not going to be the VA. And what's the VA's excuse...we just need a few billion more dollars. So it literally pays in our system to be bad at your job.

That doesn't mean there are not any abuses in our system. Ask yourself why VRE is such a huge nosocomial infection in our hospitals, then look up PPI's and what they do, and why doctors prescribe them to essentially every patient who comes in the doors in an inpatient facility. Then look at how much PPI's cost per pill, and whose making the money off of that.

MOB RULE? From the guy positing Switzerland it's direct democracy as a libertarian wonderland? Buba, Bubba, Bubba


Vets don't like the VA? LOL


April 16, 2014 Independent 2013 Survey Shows Veterans Highly Satisfied with VA Care Higher rating than Private-Sector Hospitals on Average

WASHINGTON -- The American Customer Satisfaction Index (ACSI), an independent customer service survey, ranks the Department of Veterans Affairs (VA) customer satisfaction among Veteran patients among the best in the nation and equal to or better than ratings for private sector hospitals. The 2013 ACSI report assessed satisfaction among Veterans who have recently been patients of VA’s Veterans Health Administration (VHA) inpatient and outpatient services. ACSI is the nation’s only cross-industry measure of customer satisfaction, providing benchmarking between the public and private sectors.

In 2013, the overall ACSI satisfaction index for VA was 84 for inpatient care and 82 for outpatient care, which compares favorably with the U.S. hospital industry (scores of 80 and 83, respectively). Since 2004, the ACSI survey has consistently shown that Veterans give VA hospitals and clinics a higher customer satisfaction score, on average, than patients give private sector hospitals.



News Releases - Office of Public and Intergovernmental Affairs



Without the right wing memes, what do you have Bubs?

Ah really, bc I work with a former VA nurse and have a family full of marines (all 4 uncles served, one died in nam, 3 of 6 of their sons currently serve) on my moms side, all that say a very different story other than satisfaction. And ASCI is like the restaurant polls that they give to their happy customers...and there is a big difference in satisfaction when your paying for it VS when it's free, but you don't hear that control being taken into consideration when they do these polls.

ANYTHING on your MYTH of Switzerland being a libertarian paradise? How about on LBJ demand side tax cuts????


NOTHING HUH? lol

I'm not against demand side tax cuts!!! That's what I've been saying all along. Supply tax cuts also help...however I believe that they should be equal, not negligible. You want to cry about companies moving overseas, but push policies that drive them overseas more. And with the help of LBJs great society, how many more blacks are now dependent on the government?

And the biggest difference between private h/c and socialized h/c is that when there is wrong doing on the private side...those people go to prison and loose business ... When there's wrong doing with the VA, it's a slap on the wrist and more funding.

Yeah, false equivalencies, how wonderful *shaking head*



SUPPLY SIDE HELPS? WHEN DOES IT KICK IN BUBS?

Drive them overseas? Oh right the lowest EFFECTIVE tax rates on corps for 40 years? Horrible. Couldn't be CONservative "free trade" AS we gutted taxes on those job creators right?

Yep, the rights war on the war on poverty has worked better than the lefts war on poverty Bubs

False equivalencies? so it's solely because of free trade that allows companies to move overseas?

And again what is your solution? To force companies to stay in the states?

 

[Dad2three]

MOB RULE? From the guy positing Switzerland it's direct democracy as a libertarian wonderland? Buba, Bubba, Bubba


Vets don't like the VA? LOL


April 16, 2014 Independent 2013 Survey Shows Veterans Highly Satisfied with VA Care Higher rating than Private-Sector Hospitals on Average

WASHINGTON -- The American Customer Satisfaction Index (ACSI), an independent customer service survey, ranks the Department of Veterans Affairs (VA) customer satisfaction among Veteran patients among the best in the nation and equal to or better than ratings for private sector hospitals. The 2013 ACSI report assessed satisfaction among Veterans who have recently been patients of VA’s Veterans Health Administration (VHA) inpatient and outpatient services. ACSI is the nation’s only cross-industry measure of customer satisfaction, providing benchmarking between the public and private sectors.

In 2013, the overall ACSI satisfaction index for VA was 84 for inpatient care and 82 for outpatient care, which compares favorably with the U.S. hospital industry (scores of 80 and 83, respectively). Since 2004, the ACSI survey has consistently shown that Veterans give VA hospitals and clinics a higher customer satisfaction score, on average, than patients give private sector hospitals.



News Releases - Office of Public and Intergovernmental Affairs



Without the right wing memes, what do you have Bubs?

Ah really, bc I work with a former VA nurse and have a family full of marines (all 4 uncles served, one died in nam, 3 of 6 of their sons currently serve) on my moms side, all that say a very different story other than satisfaction. And ASCI is like the restaurant polls that they give to their happy customers...and there is a big difference in satisfaction when your paying for it VS when it's free, but you don't hear that control being taken into consideration when they do these polls.

ANYTHING on your MYTH of Switzerland being a libertarian paradise? How about on LBJ demand side tax cuts????


NOTHING HUH? lol

Oh and there is no such thing as a paradise, wether it's by socialism or libertarianism...but the Swiss are doing undeniable better than their neighbors. And that's equality by opportunity, not equality by control.

So NO, SWITZERLAND ISN'T A LIBERTARIAN STATE. Thanks for agreeing, using monopolies, protectionist policy, MOB RULE, mandatory military service, etc ISN'T libertarian!

How is it mob rule when they are a republic? And yes mandatory military service is a libertarian idea IF YOUR A NEUTRAL COUNTRY. Being neutral does not mean you never get attacked, which is why it is the responsibility of the citizens to be prepared to defend the country. And they can serve with confidence of not getting involved in any foreign wars.

And I, again, never said they were perfect...just that they have more libertarian policies than their neighbors and are doing quite well for themselves

Why mob rule? You posited it in the UHC debate Bubs, remember? lol

So FORCING someone into military service IS libertarian? Wow such individual freedom Bubs?


Yep, Switzerland LOVES that socialist policies alright!

 

[Dad2three]

MOB RULE? From the guy positing Switzerland it's direct democracy as a libertarian wonderland? Buba, Bubba, Bubba


Vets don't like the VA? LOL


April 16, 2014 Independent 2013 Survey Shows Veterans Highly Satisfied with VA Care Higher rating than Private-Sector Hospitals on Average

WASHINGTON -- The American Customer Satisfaction Index (ACSI), an independent customer service survey, ranks the Department of Veterans Affairs (VA) customer satisfaction among Veteran patients among the best in the nation and equal to or better than ratings for private sector hospitals. The 2013 ACSI report assessed satisfaction among Veterans who have recently been patients of VA’s Veterans Health Administration (VHA) inpatient and outpatient services. ACSI is the nation’s only cross-industry measure of customer satisfaction, providing benchmarking between the public and private sectors.

In 2013, the overall ACSI satisfaction index for VA was 84 for inpatient care and 82 for outpatient care, which compares favorably with the U.S. hospital industry (scores of 80 and 83, respectively). Since 2004, the ACSI survey has consistently shown that Veterans give VA hospitals and clinics a higher customer satisfaction score, on average, than patients give private sector hospitals.



News Releases - Office of Public and Intergovernmental Affairs



Without the right wing memes, what do you have Bubs?

Ah really, bc I work with a former VA nurse and have a family full of marines (all 4 uncles served, one died in nam, 3 of 6 of their sons currently serve) on my moms side, all that say a very different story other than satisfaction. And ASCI is like the restaurant polls that they give to their happy customers...and there is a big difference in satisfaction when your paying for it VS when it's free, but you don't hear that control being taken into consideration when they do these polls.

ANYTHING on your MYTH of Switzerland being a libertarian paradise? How about on LBJ demand side tax cuts????


NOTHING HUH? lol

I'm not against demand side tax cuts!!! That's what I've been saying all along. Supply tax cuts also help...however I believe that they should be equal, not negligible. You want to cry about companies moving overseas, but push policies that drive them overseas more. And with the help of LBJs great society, how many more blacks are now dependent on the government?

And the biggest difference between private h/c and socialized h/c is that when there is wrong doing on the private side...those people go to prison and loose business ... When there's wrong doing with the VA, it's a slap on the wrist and more funding.

Yeah, false equivalencies, how wonderful *shaking head*



SUPPLY SIDE HELPS? WHEN DOES IT KICK IN BUBS?

Drive them overseas? Oh right the lowest EFFECTIVE tax rates on corps for 40 years? Horrible. Couldn't be CONservative "free trade" AS we gutted taxes on those job creators right?

Yep, the rights war on the war on poverty has worked better than the lefts war on poverty Bubs

False equivalencies? so it's solely because of free trade that allows companies to move overseas?

And again what is your solution? To force companies to stay in the states?

Why is it so black and white with your "solely" free trade crap?

Of course not.


BUT IT IS GOV'T POLICY THAT ALLOWS OFFSHORING OF US JOBS (as the money IS in the US) via POLICIES ,that are mainly CONservative/GOP

Force Companies? You mean REQUIRE THEM TO BUILD HERE IF THE WANT O HAVE ACCESS TO THE #1 GDP IN THE WORLD? How horrible to have that type of policy, AGAIN!

HINT, CONservative policy ONLY works for the "job creators", be it safety laws, environment, labor, tax, or other PUBLIC POLICY! YES, GOV'T POLICY INFLUENCES WHERE THE JOBS ARE, ONLY A DISHONEST POS OR CON DISAGREES!

 

[thanatos144]

yes, the wealthiest should be taxed according to their capital wealth under any form of Capitalism. It is the Capital Way.

That's the communist way dummy.

Sent from my SM-G386T1 using Tapatalk

don't be so silly, dear. it cannot be the communist way since socialism requires social forms of worth, not necessarily capital forms of worth. are you declaiming Capitalism in our Republic?

Holy shit you are stupid. No wonder you are a progressive

Sent from my SM-G386T1 using Tapatalk

 

[Boss]

yes, the wealthiest should be taxed according to their capital wealth under any form of Capitalism. It is the Capital Way.

So... If the government showed up at your house today and they started taking 40% of all that you own... furniture, appliances, cars, toys, clothes, food, etc. You would be okay with that? Somehow, I don't think you would be. However, to a homeless person living in a cardboard box, you have more than you deserve. You're a rich fucker who needs to pay your fair share.

Confiscating wealth is NOT capitalism, it is THEFT by TYRANNY!

 

[Dad2three]

yes, the wealthiest should be taxed according to their capital wealth under any form of Capitalism. It is the Capital Way.

So... If the government showed up at your house today and they started taking 40% of all that you own... furniture, appliances, cars, toys, clothes, food, etc. You would be okay with that? Somehow, I don't think you would be. However, to a homeless person living in a cardboard box, you have more than you deserve. You're a rich fucker who needs to pay your fair share.

Confiscating wealth is NOT capitalism, it is THEFT by TYRANNY!

Weird, it worked pretty well 1932-1980, we still had rich right? You know a HEAVY progressive tax?

 

[danielpalos]

yes, the wealthiest should be taxed according to their capital wealth under any form of Capitalism. It is the Capital Way.

That's the communist way dummy.

Sent from my SM-G386T1 using Tapatalk

don't be so silly, dear. it cannot be the communist way since socialism requires social forms of worth, not necessarily capital forms of worth. are you declaiming Capitalism in our Republic?

Holy shit you are stupid. No wonder you are a progressive

Sent from my SM-G386T1 using Tapatalk

nothing but fallacy as any form of equal capital work for equal capital pay? No wonder you are allegedly, conservative.

 

[danielpalos]

i look at it as a "market based metric" under our form of Capitalism; when the wealthiest declaim wartime tax rates for wartime social Powers delegated to our legislators.

 

[Boss]

Weird, it worked pretty well 1932-1980, we still had rich right? You know a HEAVY progressive tax?

What worked pretty well? Fucking 90% income tax rates? No... those didn't work! You see, when incomes are taxed that high, very few earn incomes that big. The point is, if no one is earning an income in that bracket, you can raise it to 500%... it's not going to generate revenue.

If you raise top marginal rates back up to 90% or even 70%... the effect will be fewer incomes in that bracket. The result will be less revenue. Why do you idiotically believe people are just going to sit there and have government confiscate 70-90% of their incomes? Ain't gunna happen, buddy!

 

[Dad2three]

Weird, it worked pretty well 1932-1980, we still had rich right? You know a HEAVY progressive tax?

What worked pretty well? Fucking 90% income tax rates? No... those didn't work! You see, when incomes are taxed that high, very few earn incomes that big. The point is, if no one is earning an income in that bracket, you can raise it to 500%... it's not going to generate revenue.

If you raise top marginal rates back up to 90% or even 70%... the effect will be fewer incomes in that bracket. The result will be less revenue. Why do you idiotically believe people are just going to sit there and have government confiscate 70-90% of their incomes? Ain't gunna happen, buddy!

REALLY? So Reagan/Dubya lowering tax rates brought in more revenues huh? PERHAPS TELL ECONOMISTS ABOUT THAT BUBS

There IS a left AND right to Laffer's curve you know?

• The top U.S. income tax rate is currently well below best estimates of the optimal rate for revenue maximization.
• Recent research implies a revenue-maximizing top effective federal income tax rate of roughly 68.7 percent. This is nearly twice the top 35 percent effective marginal ordinary income tax rate that prevailed at the end of 2012, and 27.5 percentage points higher than the 41.2 percent rate in 2013.2 This would mean a top statutory income tax rate of 66.1 percent, 26.5 percentage points above the prevailing 39.6 percent top statutory rate.

http://www.epi.org/publication/raising-income-taxes/


PERCENT OF GDP, REVENUES (INCOME/CORP) WERE HIGHEST WHEN WE HAD HIGHER RATES


Historical Source of Revenue as Share of GDP

"Paul Krugman shows that the Laffer Curve is simply wrong. The facts are that cutting taxes for the middle and lower classes tend to provide more money for the real economy as their money is required for "survival", whereas cutting taxes for the wealthy tends to provide more money for speculation as their money is discretionary. The problem with this is that our economy is matured and has already moved into financialization as production has failed to provide the returns on investment that the wealthy demand. Thus we tend toward developing bubbles rather than real growth as we have also moved production off-shore to increase profit due to lower labor costs.

The Laffer Curve has more to do with growing wealth of the wealthy than real growth for the economy overall. Therefore, growth in tax revenue due to tax cuts on the wealthy are due more to an increase in their wealth from speculation whereas when due to cuts for the middle and lower classes tend to be from actual business transactions."

 

[Dad2three]

Weird, it worked pretty well 1932-1980, we still had rich right? You know a HEAVY progressive tax?

What worked pretty well? Fucking 90% income tax rates? No... those didn't work! You see, when incomes are taxed that high, very few earn incomes that big. The point is, if no one is earning an income in that bracket, you can raise it to 500%... it's not going to generate revenue.

If you raise top marginal rates back up to 90% or even 70%... the effect will be fewer incomes in that bracket. The result will be less revenue. Why do you idiotically believe people are just going to sit there and have government confiscate 70-90% of their incomes? Ain't gunna happen, buddy!

"The Laffer curve per se is self-evident. At some point higher tax rates will inhibit GDP enough to start reducing total tax revenue, and at some point lowering tax rates will also reduce total tax revenue.

Conclusion: the ideal tax rate is somewhere between 0% and 100%


That part is true...and, by itself, meaningless until you determine where the actual sweet spot is on the curve.




The lie and the fraud is where they actually peg the upper tax rate. The Laffer crew gives this long winded pedantic explanation of the basic curve theory and then goes ahead and sets the tax rates where they damn well please and suppress any evidence of the actual revenue consequences.

They wave the curve theory around and then they switch it with an arbitrary set of tax rates with no relation to the real sweet spot whatsoever.

The Lafter curve explain-and-switch is faster than the eye."

• The top U.S. income tax rate is currently well below best estimates of the optimal rate for revenue maximization.

• Recent research implies a revenue-maximizing top effective federal income tax rate of roughly 68.7 percent. This is nearly twice the top 35 percent effective marginal ordinary income tax rate that prevailed at the end of 2012, and 27.5 percentage points higher than the 41.2 percent rate in 2013.2 This would mean a top statutory income tax rate of 66.1 percent, 26.5 percentage points above the prevailing 39.6 percent top statutory rate.

• Tax reform that broadens the tax base and minimizes tax avoidance opportunities actually increases the revenue-maximizing top marginal tax rate. This means that base-broadening tax reform and higher marginal rates should be seen as complements, not substitutes.

A review of the economic research on the effects of raising ordinary income tax rates: Higher revenue, unchanged growth, and uncertain but potentially large reductions in the growth of inequality | Economic Policy Institute

HOW WEIRD, LOOK AT THOSE OLD EFFECTIVE RATES:

 

[dblack]

I think the tax code should be used as a way to scapegoat and punish people who fall out of favor with the majority.

 

[Boss]

Weird, it worked pretty well 1932-1980, we still had rich right? You know a HEAVY progressive tax?

What worked pretty well? Fucking 90% income tax rates? No... those didn't work! You see, when incomes are taxed that high, very few earn incomes that big. The point is, if no one is earning an income in that bracket, you can raise it to 500%... it's not going to generate revenue.

If you raise top marginal rates back up to 90% or even 70%... the effect will be fewer incomes in that bracket. The result will be less revenue. Why do you idiotically believe people are just going to sit there and have government confiscate 70-90% of their incomes? Ain't gunna happen, buddy!

"The Laffer curve per se is self-evident. At some point higher tax rates will inhibit GDP enough to start reducing total tax revenue, and at some point lowering tax rates will also reduce total tax revenue.

Conclusion: the ideal tax rate is somewhere between 0% and 100%


That part is true...and, by itself, meaningless until you determine where the actual sweet spot is on the curve.




The lie and the fraud is where they actually peg the upper tax rate. The Laffer crew gives this long winded pedantic explanation of the basic curve theory and then goes ahead and sets the tax rates where they damn well please and suppress any evidence of the actual revenue consequences.

They wave the curve theory around and then they switch it with an arbitrary set of tax rates with no relation to the real sweet spot whatsoever.

The Lafter curve explain-and-switch is faster than the eye."

• The top U.S. income tax rate is currently well below best estimates of the optimal rate for revenue maximization.

• Recent research implies a revenue-maximizing top effective federal income tax rate of roughly 68.7 percent. This is nearly twice the top 35 percent effective marginal ordinary income tax rate that prevailed at the end of 2012, and 27.5 percentage points higher than the 41.2 percent rate in 2013.2 This would mean a top statutory income tax rate of 66.1 percent, 26.5 percentage points above the prevailing 39.6 percent top statutory rate.

• Tax reform that broadens the tax base and minimizes tax avoidance opportunities actually increases the revenue-maximizing top marginal tax rate. This means that base-broadening tax reform and higher marginal rates should be seen as complements, not substitutes.

A review of the economic research on the effects of raising ordinary income tax rates: Higher revenue, unchanged growth, and uncertain but potentially large reductions in the growth of inequality | Economic Policy Institute

HOW WEIRD, LOOK AT THOSE OLD EFFECTIVE RATES:

My chart clearly shows where our problem lies.
...We need to decrease the level of stupid!

 

[Dad2three]

I think the tax code should be used as a way to scapegoat and punish people who fall out of favor with the majority.

Or as I posit, get max revenues from those Chinese/Mexico "job creators" IF they don't want to hire in the USA

 

[Dad2three]

Weird, it worked pretty well 1932-1980, we still had rich right? You know a HEAVY progressive tax?

What worked pretty well? Fucking 90% income tax rates? No... those didn't work! You see, when incomes are taxed that high, very few earn incomes that big. The point is, if no one is earning an income in that bracket, you can raise it to 500%... it's not going to generate revenue.

If you raise top marginal rates back up to 90% or even 70%... the effect will be fewer incomes in that bracket. The result will be less revenue. Why do you idiotically believe people are just going to sit there and have government confiscate 70-90% of their incomes? Ain't gunna happen, buddy!

"The Laffer curve per se is self-evident. At some point higher tax rates will inhibit GDP enough to start reducing total tax revenue, and at some point lowering tax rates will also reduce total tax revenue.

Conclusion: the ideal tax rate is somewhere between 0% and 100%


That part is true...and, by itself, meaningless until you determine where the actual sweet spot is on the curve.




The lie and the fraud is where they actually peg the upper tax rate. The Laffer crew gives this long winded pedantic explanation of the basic curve theory and then goes ahead and sets the tax rates where they damn well please and suppress any evidence of the actual revenue consequences.

They wave the curve theory around and then they switch it with an arbitrary set of tax rates with no relation to the real sweet spot whatsoever.

The Lafter curve explain-and-switch is faster than the eye."

• The top U.S. income tax rate is currently well below best estimates of the optimal rate for revenue maximization.

• Recent research implies a revenue-maximizing top effective federal income tax rate of roughly 68.7 percent. This is nearly twice the top 35 percent effective marginal ordinary income tax rate that prevailed at the end of 2012, and 27.5 percentage points higher than the 41.2 percent rate in 2013.2 This would mean a top statutory income tax rate of 66.1 percent, 26.5 percentage points above the prevailing 39.6 percent top statutory rate.

• Tax reform that broadens the tax base and minimizes tax avoidance opportunities actually increases the revenue-maximizing top marginal tax rate. This means that base-broadening tax reform and higher marginal rates should be seen as complements, not substitutes.

A review of the economic research on the effects of raising ordinary income tax rates: Higher revenue, unchanged growth, and uncertain but potentially large reductions in the growth of inequality | Economic Policy Institute

HOW WEIRD, LOOK AT THOSE OLD EFFECTIVE RATES:

View attachment 49589

My chart clearly shows where our problem lies.
...We need to decrease the level of stupid!

Got it, YOU don't like scientific studies and data points. I'm shocked that a Randian cultist wouldn't like that?? lol