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re: Thank you Donald Trump
Posted on 4/5/16 at 2:11 pm to BHMKyle
Posted on 4/5/16 at 2:11 pm to BHMKyle
quote:
The rich person paid 100x the amount in taxes as the poor person? How is that not fair?
Because their income is more than 100x the poor person in many cases.
Now if the consumption taxes aren't even- for example something like a luxury car is taxed at 20 times the rate of a $20k sedan- then it has the possibility to be fair.
2
Posted on 4/5/16 at 2:14 pm to cardboardboxer
Bull crap. Everyone pay the same percentage. No loopholes. No credits.
Flat tax.
That way the producers can produce
Flat tax.
That way the producers can produce
Posted on 4/5/16 at 2:25 pm to Pinche Cabron
quote:
That way the producers can produce
What's stopping them from producing now?
The higher taxes they don't already pay?
Posted on 4/5/16 at 2:32 pm to boogiewoogie1978
They are producing. They will produce more if they have less tax burden.
Posted on 4/5/16 at 2:59 pm to cardboardboxer
quote:
Because their income is more than 100x the poor person in many cases.
Yuck. If you and I were to have typical bar banter about politics, I have a feeling it would end with a bloody fist fight at Sonic.
Posted on 4/5/16 at 3:11 pm to Pinche Cabron
Not necessarily. They'll produce more when there is more demand for whatever it is they are producing. Lowered tax burden doesn't guarantee that demand. Lower tax burden for the consumers is a better argument for creating demand for products.
Posted on 4/5/16 at 3:22 pm to The Spleen
quote:
Not necessarily. They'll produce more when there is more demand for whatever it is they are producing. Lowered tax burden doesn't guarantee that demand. Lower tax burden for the consumers is a better argument for creating demand for products.
Ding ding ding. There is also an argument that lowering tax burdens on primary industries can stimulate the overall economy.
Posted on 4/6/16 at 8:41 am to boogiewoogie1978
quote:
What's stopping them from producing now?
The higher taxes they don't already pay?
This is a load of crap.
**86% of all income taxes are paid by the richest 25% of income earners
**The top 50% pay 97% of all income taxes
That means the bottom half of all earners in this country pay a COMBINED 3% of all income taxes. To pretend that the rich don't pay taxes is completely absurd, and it defies reality.
This post was edited on 4/6/16 at 8:47 am
Posted on 4/6/16 at 8:45 am to BHMKyle
But wait, all the libtards are fixin' to jump on you
Posted on 4/6/16 at 8:46 am to The Spleen
quote:
They'll produce more when there is more demand for whatever it is they are producing. Lowered tax burden doesn't guarantee that demand.
This is ridiculous. If I start a company, and I earn $200,000 in one year... I'll likely end up paying around $76,000 in federal and state taxes. That's before all the sales taxes, property taxes, etc. that I will also end up paying that year.
That means there is less money in my pocket to grow my business. If I could keep an extra $20,000 of MY MONEY then I can use that to expand my business... which allows me to hire more people, etc.
Posted on 4/6/16 at 8:48 am to BHMKyle
But Kyle, didn't you get the memo - you owe everyone a bunch of free stuff!
Posted on 4/6/16 at 9:01 am to BHMKyle
quote:
If I start a company
You're not starting a company unless you determine there is demand for whatever is you'll be offering.
quote:
I earn $200,000 in one year... I'll likely end up paying around $76,000 in federal and state taxes
I never said the corporate tax rate didn't need to be lowered. I think it does. It doesn't impact a company's decision to produce as much as demand and market conditions do. If your hypothetical company had the opportunity to expand production and increase income to $400,000, you're not going to forego that expansion because of the higher taxes you'll have to pay. And lowering the tax rate won't influence you to expand production if there's no demand in the market for expanded production.
Posted on 4/6/16 at 4:51 pm to BHMKyle
quote:
**The top 50% pay 97% of all income taxes
That's because the wealthiest 160,000 families have as much as the poorest 145 million families. Those numbers you use are misleading. With the type of income inequality of course they are going to pay more taxes.
Posted on 4/12/16 at 6:00 am to RogerTheShrubber
quote:
TT9 is a hoping for Hillary, which should tell you a hell of a lot.
Anyone hoping for Hillary, is either fooled or a moron. Hell, all the democrats I work with can't stand her. The two best options this cycle would've been:
Jim Webb
John Kasich
Both moderates who would compromise on both sides of the aisle. But no lets keep the division strong in America.
Posted on 4/12/16 at 6:28 am to TT9
Im so sorry Alabama didn't pan out for you. We will be sure to pay our taxes on time so you can feed your family.
Posted on 4/12/16 at 8:31 pm to RogerTheShrubber
quote:
TT9 is a hoping for Hillary, which should tell you a hell of a lot.
As if being a Gump isn't enough reason to hate him.
Posted on 4/13/16 at 7:14 am to lsusteve1
Posted on 4/13/16 at 7:52 am to The Spleen
I never said the corporate tax rate didn't need to be lowered. I think it does. It doesn't impact a company's decision to produce as much as demand and market conditions do. If your hypothetical company had the opportunity to expand production and increase income to $400,000, you're not going to forego that expansion because of the higher taxes you'll have to pay. And lowering the tax rate won't influence you to expand production if there's no demand in the market for expanded production.
Spoken like a true liberal who has no idea how the real world works. If businesses are getting taxed at such a high rate, less businesses are inclined to take on the inherent RISK of expansion. Thus, the overall economy stagnates.
Why do Democrats never acknowledge that when the evil Ronald Reagan lowered tax rates, overall federal revenues went up?
Posted on 4/13/16 at 9:53 am to SoFla Tideroller
quote:
Ronald Reagan lowered tax rates, overall federal revenues went up?
The noted Republican John F Kennedy did the same thing.
Posted on 4/13/16 at 9:53 am to SoFla Tideroller
quote:
Spoken like a true liberal who has no idea how the real world works. If businesses are getting taxed at such a high rate, less businesses are inclined to take on the inherent RISK of expansion. Thus, the overall economy stagnates.
Why do Democrats never acknowledge that when the evil Ronald Reagan lowered tax rates, overall federal revenues went up?
So. I inherently agree with this because of the Laffer Curve... but I don't like it when my fellow conservatives act as if this paradigm is permanent. You can't KEEP lowering taxes and expect that same phenomena to occur. Once you've beaten the Laffer Curve, there isn't another curve to beat. Taxes are always a negative, but they can be at a level were there impact is minimized and market forces can dominate.
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