ozzmdj
Senior Member
This could be in the thread soak the rich loose the rich
Unemployment tops 10 percent in 16 states in June
![dig :dig: :dig:](/styles/smilies/dig.gif)
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Soaking the rich by taxation has damned little to do with the current unemployment, sport.
For your theory to be right, the rate of taxation on the rich would have had to be rising to explain the current state of affairs.
Given that the rate of taxation on the rich has been going down for the last thirty years, your theory is worse than worthless, it's completely specious.
Soaking the rich by taxation has damned little to do with the current unemployment, sport.
For your theory to be right, the rate of taxation on the rich would have had to be rising to explain the current state of affairs.
Given that the rate of taxation on the rich has been going down for the last thirty years, your theory is worse than worthless, it's completely specious.
These states are some of the highest taxes and regulations in the country SPORT. No one wants to start new business there.....and are moving existing business to more capitalist friendly states. GET A CLUE![]()
I think the 10% unemployment rate is just the beginning. I'm sure there is more to come.
[The 15% figure for Michigan is bullshit. It's close to 20.
/QUOTE]
I don't know what the official unemployment rate is here in Northwestern Illinois but I know it's pretty high - especially in Rockford.
This is the weirdest recession I've ever seen. Unemployment is slightly above 10% in the city I live in, yet everywhere I go, I see people spending money like crazy. Everyday on my way home from work I pass a fairly large mall. I can see about half the parking lot from the highway. The parking lot is full everyday. It's just weird.
Soaking the rich by taxation has damned little to do with the current unemployment, sport.
For your theory to be right, the rate of taxation on the rich would have had to be rising to explain the current state of affairs.
Given that the rate of taxation on the rich has been going down for the last thirty years, your theory is worse than worthless, it's completely specious.
These states are some of the highest taxes and regulations in the country SPORT. No one wants to start new business there.....and are moving existing business to more capitalist friendly states. GET A CLUE![]()
Soaking the rich by taxation has damned little to do with the current unemployment, sport.
For your theory to be right, the rate of taxation on the rich would have had to be rising to explain the current state of affairs.
Given that the rate of taxation on the rich has been going down for the last thirty years, your theory is worse than worthless, it's completely specious.
These states are some of the highest taxes and regulations in the country SPORT. No one wants to start new business there.....and are moving existing business to more capitalist friendly states. GET A CLUE![]()
The exodus from Michigan has little to do with the tax rate. In addition, there are huge tax breaks available for businesses wanting to relocate to Michigan.
I say this as someone who has relocated to and started a business in Michigan in the last 12 months.
These states are some of the highest taxes and regulations in the country SPORT. No one wants to start new business there.....and are moving existing business to more capitalist friendly states. GET A CLUE![]()
The exodus from Michigan has little to do with the tax rate. In addition, there are huge tax breaks available for businesses wanting to relocate to Michigan.
I say this as someone who has relocated to and started a business in Michigan in the last 12 months.
Sometimes low taxation and regulations aren't enough. Many times they aren't enough! MI is a mess right now and people know it. When auto boom was going on, the liberals in MI were taxing people like liberals normally do. Now that Detroit is a complete mess they are trying to lure business with lower regulations and taxes. Its a mess right now, but I guarantee Detroit makes a rebound within the next 5-8 yrs. Reasons:
(1) Population, although shrinking, is still there!
(2) The Unions are losing power that they will never get back! Libs don't want to say it, but they are a big culprit in the fall of the Big Three
(3) The minimum value of a home in Detroit is $18K! Even in nice good "White" neighborhoods you can get a home for cheap. That has attracted people who do regional outside sales from their home, writers or people who are able to work from there homes. I know an IT guy at my company moved to Detroit (sold his place in Chicago making $50K on it, would have been $150K a few years back) and bought a place outright for $30K in a nice neighborhood! He works from home and is making the same salary! A little move like that made him a wealthy man!
(4) Corporate Property, including large factories, are available to amazingly cheap prices. Dirt cheap. With not to mention a large amount of out of work laborers that might still be around
(5) Lower taxation and lower regulations do attract businessmen!
Soaking the rich by taxation has damned little to do with the current unemployment, sport.
For your theory to be right, the rate of taxation on the rich would have had to be rising to explain the current state of affairs.
Given that the rate of taxation on the rich has been going down for the last thirty years, your theory is worse than worthless, it's completely specious.
These states are some of the highest taxes and regulations in the country SPORT. No one wants to start new business there.....and are moving existing business to more capitalist friendly states. GET A CLUE![]()
Soaking the rich by taxation has damned little to do with the current unemployment, sport.
For your theory to be right, the rate of taxation on the rich would have had to be rising to explain the current state of affairs.
Given that the rate of taxation on the rich has been going down for the last thirty years, your theory is worse than worthless, it's completely specious.
Soaking the rich by taxation has damned little to do with the current unemployment, sport.
For your theory to be right, the rate of taxation on the rich would have had to be rising to explain the current state of affairs.
Given that the rate of taxation on the rich has been going down for the last thirty years, your theory is worse than worthless, it's completely specious.
This is the weirdest recession I've ever seen. Unemployment is slightly above 10% in the city I live in, yet everywhere I go, I see people spending money like crazy. Everyday on my way home from work I pass a fairly large mall. I can see about half the parking lot from the highway. The parking lot is full everyday. It's just weird.
Soaking the rich by taxation has damned little to do with the current unemployment, sport.
For your theory to be right, the rate of taxation on the rich would have had to be rising to explain the current state of affairs.
Given that the rate of taxation on the rich has been going down for the last thirty years, your theory is worse than worthless, it's completely specious.
These states are some of the highest taxes and regulations in the country SPORT. No one wants to start new business there.....and are moving existing business to more capitalist friendly states. GET A CLUE![]()
Exactly and they prove that Obamaism won't work.