Andylusion
Platinum Member
Just answer this question. I get that you don’t like the democrat party approach to economics, but are you really going to tell me the GOP does it better? Revenue pays for government spending. You get that right? That is its inherent function. Can taxes be too high? Yeah obviously, but the solution isn’t to cut taxes and spend like normal or more. That’s just stupidity and that is what republicans do.Lol their economies are small relatively speaking. You’re basically saying that they should be economic shitholes because they have smaller economies than California. That’s just stupid. Obviously the population size alone of these states makes them qualified to have good economies. They simply don’t because republicans tax cut and spend economic policies do not make any sense.Not only are those red states small economies, they have have big deficits and high poverty rates. Those economic pitfalls could be avoided regardless of how big their economies are.Well yes...... that is *MY* point.
A: You claimed that Republicans and Democrats are different, because Democrats tax people to pay for stuff. Then you have an entire state that is on the verge of bankruptcy, and yet has the highest taxes in the country.
That proves your claim false.
B: You claimed that California has one of the largest economies in the world. True. But that makes *MY* point. Mississippi and Alabama do not have massive economies. That's my point. Wouldn't you expect a State with a GDP of barely $230 Billion, to have more debt, than a state that has a GDP of $3.1 Trillion? Yes you would. Certainly with Democraps in control of a state that has $600 Billion in tax revenue a year, compared to Alabama with $40 Billion, they should be able to pay for stuff without going deeply into debt.
Think about it... California collects in one month, more tax revenue than Alabama does in a year. Yet California is over half a trillion dollars in debt.
Remember *YOU* claimed Democraps were better because they proposed ways to pay for spending. I didn't make any claim either way... you did. Evidence is a bit contrary to that claim.
Which changes nothing of what I said.
Further, to claim that it is just as easy to avoid an economic pitfall, when your economy is only $40 Billion, instead of $3.1 Trillion, is ridiculous.
You dumb democraps, are such partisan bigots. So if I posted a thread "You can just as easily void economic pitfalls on minimum wage at Wendy's, as CEO of Walmart" you would come on there in complete agreement?
Of course not.
And more poor people in poor states with small economies? Brilliant Holmes. Any other words of wisdom, Captain Economist?
I never claimed they were sh!tholes. You did that. I don't have any problem with them having a small economy. Have you been to Alabama? I have. There are plenty of people that love that life style. Food is cheap. Rent is cheap. Sure they make very little, but it takes very little to live.
Yeah, they won't have all the flashy houses we have in richer states. My own condo, is like a luxury NYC apartment, compared to what they have. But they are fine with what they have. They don't need the big jobs, with the big pay, and all the bling bling, of the left-wing elitest "we're better than you" mentality.
Only the arrogant left, looks at that, and calls of them sh!tholes. This is why Trump won by the way. You keep putting down everyone that doesn't live like you do, and then scream and whine when someone like Trump, slaps you people around.
Lastly, you are absolutely bonkers, if you think that if only Mississippi jacked up taxes, and spending, that you could turn it into California. You must be a mental patient, if you think that's the case.
There is no example, anywhere in world history, that government came in, and regulated, taxed, and spent their way into prosperity.
In fact, even California itself, isn't an example. California, like all states, started off utterly poor. Government didn't show up, with high taxes, massive regulations, and then spent their way into wealth. They became wealthy from economic growth, the gold rushes, and investment, plus Ocean-port access with trade.
Then after already being wealthy, left-wing government increased tax-spend, and regulation policies, that now have California on the verge of bankruptcy.
Better? Yes. I do believe they do it better. Better than Democrats, yes, by far.
Yes revenue pays for spending. The problem is, tax rates do not equal revenue. You can only change the rates, not the revenue. Higher rates, can, and do, often result in less revenue.
Greece is a perfect example of this. They jacked up rates so high, that people stopped paying the tax.
This is why after Reagan cut taxes, the revenue into the government doubled in 10 years. By the way, even Calvin Coolidge in the 1920s, said the reason he was cutting tax rates, was specifically to increase revenue.
You can even go back farther in time, and in the 1800s, the US government increased tariffs on imports, specifically because they knew it would reduce imports, and lower revenue into the government. They knew it would reduce tax revenue, to increase tax rates on imported goods.
This is exactly why the GOP is better than the DNC. They actually understand this.
Again the Yacht tax actually lowered the amount of taxes from yachts, because it wrecked the yacht building industry.
The high taxes in MD, resulted in fewer millionaires showing up on tax rolls.
Millionaires Go Missing
One-third of the millionaires have disappeared from Maryland tax rolls.
Amazon was going to build a massive HQ in NY, and AOC and the Democrats made endless demands that they pay for this and pay for that, and they pulled the plug. No tax revenue at all. Zero.
And by the way, why did Amazon even look into getting an HQ outside Seattle? Because of the Seattle head count tax. The head count tax, drove Amazon to have alternative head quarters, in order that if the head count tax hit them hard, they could leave.
Reagan remember, was originally a Democrat. He became a Republican specifically because of his experience with high taxes. He was working in the movie industry, and with 70% tax rates, he found it pointless to work. So he would do movies until his pay reached the top marginal rate, and they he would simply stop, and spend the rest of the year living on his ranch riding horses.
All people are the same way. This is why millionaires disappeared from the MD tax rolls, when they applied the higher top marginal tax. They simply sheltered their money, or left the state, or stopped working.
Regardless, this is why all your taxes usually have a short term gain, traded for a long term pain. The wealth tax was a huge hit in France, until all the wealthy people packed up their jobs, their businesses, their wealth, and left for Luxembourg and Belgium. Same is true of Venezuela. The higher taxes worked wonders until all the wealthy Venezuelans left for Spain, Argentina and even the US.
Again, consistently your system has never worked. Never. Not once. You can say "our plans our better", but the fact is in all human history your plans have been tried and failed. They are not better. You can say "they'll pay for it", but they never do.
Again, if they do... why is California broke? And California is broke... yeah it has the largest GDP, but that doesn't mean anything, one one single state owes over half a trillion dollars. They are broke. There's a reason why in the early 2000s, California sent a delegation to the Federal Government asking all the tax payers of the entire country, to bail out California by guaranteeing California debt.
Mississippi and Alabama, did not send delegations asking the tax payers to guarantee their debt. Only California did that. You system does not work. Period.