Poor should have less fun, work harder.

Harrekin said:

Are you arguing that lower taxes on the lower and middle classes (currently being RODE due to having an actual income, not ccapital gains) would infact NOT spur more aggregate demand?

What kinda Reptilian are you? The trickle down kind? Trickle down is as retarded as the Free Cheddar scheme economically speaking.

Id argue that capital gains should be taxed the same as income tax...bar the legalese bullshit, they're essentially the same.

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FLAT TAx FlAT TAX!!!!!

Oh wait
Not a single flat tax proposed taxes capital gains at more than 0%

What was I thinking

redivider said:

i have not read a post yet that so clearly describes the fundamental misunderstanding of macro economics the far right has grasped.

GDP is not a measure of profits, its not a measure of investments by the rich or corporations.

it is a measure of AGGREGATE DEMAND. aggregate demand only rises when a lot of people are spending a lot of money. when a lot of people have disposable income, by earning good, solid wages, that increases aggregate demand.

i'll give you rep just for laying out the fundamental flaw of conservative economic theory. thank you.

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The two fundamental flaws of supply side economics are assumptions. They are, the ubiquitous assumption that the beneficiaries of tax cuts will "create jobs" or reinvest in anything that benefits the system and the assumption that increasing supply will have any effect on demand other than decreasing the cost of goods and services.

The only thing that increases the value of labor is cooperation, not competition.

redivider said:

nope. higher wages and steady, reliable employment for 40 years would do more than a single million dollar payment.

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The problem with wages is that the government continues to devalue the dollar by printing more of them. This causes inflation. Otherwise, there would be no need for prices to go up if everything remained the same. An ounce of gold bought a good suit 200 years ago. An ounce of gold still buys a good suit today. The value of the gold and the suit have not changed. The value of the money gets inflated when the government prints more of it.

So what the government is doing right now is devaluing the dollar. The value of food, gas, gold, silver, etc. has not gone up, our dollar has gone down in value.

Taxes are a drag on growth. The more money the government confiscates from business the less profit there is to expand and grow.

You talk about demand as an aggregate. I am speaking of demand on an individual company basis. A local company that makes enough profit can set up a branch elsewhere. This increases that particular companies ability to make sales, etc. Even though there is not strong demand on a global level, successful companies can grow individually. This spurs economic development as more jobs are created, more wages paid, more taxes paid, etc. The fact that a company can take the profit and invest it to get a larger return is what makes the economic difference. Companies produce goods and services which increase the GDP. It has to grow somehow and I dont think you are arguing that government grows the GDP.

Government does not create economic development. If the government takes $1.00 in profit from a company and gives that $1.00 out in welfare that dollar stops economic growth at that point. To get more growth the government has to confiscate more. The government merely skims the profit off of economic development and re-distributes it as goods and services to government employees and the citizens. But it has to take that money to begin with.

ChesusRice said:

FLAT TAx FlAT TAX!!!!!

Oh wait
Not a single flat tax proposed taxes capital gains at more than 0%

What was I thinking

Click to expand...

So the previous ones were flawed, flat tax on capital gains too...let's be fair to everyone.

Ultimately I'd like it like an online game...we're all equal, same consideration under the law...just different levels of "credits".

Harrekin said:

So the previous ones were flawed, flat tax on capital gains too...let's be fair to everyone.

Ultimately I'd like it like an online game...we're all equal, same consideration under the law...just different levels of "credits".

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I like the fact that there is 0 tax on capital gains. There should not be taxes on investment.

Any person in America can invest in the stock market, buy government bonds, invest money in a family business, etc. There is no reason to curb investment.

NLXSK1 said:

An ounce of gold bought a good suit 200 years ago. An ounce of gold still buys a good suit today.

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good job on plagiarizing that from nodrama who undoubtedly plagiarized it from somewhere else.

beenthere said:

You're right, there is no time to waste, why don't you ask yourself why China will soon pass the US in every economic aspect!

I wish more lefties on here would engage in true debate like yourself, I'm getting tired of the adolescents on here copy and pasting cartoons because they lack intellect and moxy to articulate their argument.

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Grandpapy said:

I would assume they didn't figure it in because the cuts in place now aren't working.
And if Chevron announced they have a solar powered battery for the Auto Industry for $100.00 that would bring the price of a car to say $1000.00 then maybe, maybe I could see it working.

Another fact, if you doubled the tax on all the Wealthy, it still isn't as much as I have to pay. I'm sorry but that is unpatriotic. From where I'm sitting it cost 33% to be an "American".
Seriously, there is no more time to waste, China gets a tighter hold everyday.

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Clinton had the Internet, we have no such "pocket rocket". Hench the Chevron statement.

They have 0% tax? Would be my first guess, Nixon my second, Nafta third.

lol I really cant post after 4

NLXSK1 said:

Any person in America can invest in the stock market

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except the huge swath of americans who work and live paycheck to paycheck, hand to mouth. you forgot about them, but you forget about a lot of stuff.

UncleBuck said:

i've paid way more into federal taxes over the years than i've ever gotten back. last year was the very first year in which i got back more than i paid, thank you EITC!

you may want to go wipe the sand out of your vagina, you seem irritated by it.

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I lived on the beach for months, sand never irritated me, it's the freeloaders that make my blood boil.

abandonconflict said:

The only thing that increases the value of labor is cooperation, not competition.

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Is that a Karl Marx quote?

beenthere said:

You're right, there is no time to waste, why don't you ask yourself why China will soon pass the US in every economic aspect!

I wish more lefties on here would engage in true debate like yourself, I'm getting tired of the adolescents on here copy and pasting cartoons because they lack intellect and moxy to articulate their argument.

Click to expand...

YEAH RIGHT.

Your first debate here consisted of goading into a debate about growing because you were afraid to stick to politics in the politics section. You were certain cannabis has no medicinal value. Then you couldn't even hold your own there. Those neon yellow cartel buds just needed nitrogen.

Then yes, cartoons, you were too fucking dumb to allow facts to get through on the debate about trickle down economics. I'm glad you haven't forgotten the cartoons, we have been ridiculing you ever since. Beennowhere, just so you know, you are the laughing stock here, regarded even lower than Illegal Smile.

Get a clue Clayton.

beenthere said:

Is that a Karl Marx quote?

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no, that's Winston Churchill.

beenthere said:

I lived on the beach for months, sand never irritated me, it's the freeloaders that make my blood boil.

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yeah, i get pissed off too when people take $77,731.00 deductions for their dancing horses while the rest of america only gets $1,000 for their human children.

in the case that it wasn't sand inflaming your vagina, i offer this:

abandonconflict said:

YEAH RIGHT.

Your first debate here consisted of goading into a debate about growing because you were afraid to stick to politics in the politics section. You were certain cannabis has no medicinal value. LOL Not once did I ever claim cannabis had no medicinal value, not once! But I do see how a guy with your intellect would not be able to conclude my true argument, perhaps you could take your computer over to your neighbors house and let them explain it to you! Then you couldn't even hold your own there. Those neon yellow cartel buds just needed nitrogen. Cartel buds, 30 years ago, keep going, you're on a roll here! LOL

Then yes, cartoons, you were too fucking dumb to allow facts to get through on the debate about trickle down economics. I'm glad you haven't forgotten the cartoons, we have been ridiculing you ever since. Beennowhere, just so you know, you are the laughing stock here, regarded even lower than Illegal Smile.

Get a clue Clayton.

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Laughing stock, to who, a couple of lazy two bit newbie growers that fly a socialist flag and post cartoons? What a fucking privilege, thank you!
BTW, don't take it out on your poor dog. LOL

UncleBuck said:

yeah, i get pissed off too when people take $77,731.00 deductions for their dancing horses while the rest of america only gets $1,000 for their human children.

in the case that it wasn't sand inflaming your vagina, i offer this:

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Dancing
It's all in perception

beenthere said:

Laughing stock, to who, a couple of lazy two bit newbie growers that fly the socialist and post cartoons? What a fucking privilege, thank you!
BTW, don't take it out on your poor dog. LOL

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Denial ain't a river in Egypt.

You swore up and down it has no medicinal value, even accused thousands of doctors of malpractice.

Keep digging.

UncleBuck said:

yeah, i get pissed off too when people take $77,731.00 deductions for their dancing horses while the rest of america only gets $1,000 for their human children.

in the case that it wasn't sand inflaming your vagina, i offer this:

Click to expand...

We all know the $77k was not a deduction Bucky, you're not fooling anyone on this forum. But you are making it clear you aren't capable of holding a decent debate without lying.

UncleBuck said:

except the huge swath of americans who work and live paycheck to paycheck, hand to mouth. you forgot about them, but you forget about a lot of stuff.

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Why do you think they live paycheck to paycheck and hand to mouth?

Poor financial planning maybe?

If you cannot expect adult individuals to have basic economic skills then we as a country are fucked.

abandonconflict said:

Denial ain't a river in Egypt.

You swore up and down it has no medicinal value, You're full of shit and I can guarantee you, your little punk ass can't back that up.
even accused thousands of doctors of malpractice.

Keep digging.

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Thousands of doctors do prescribe MMJ knowing full well the people they are prescribing to do not need it for medicinal means, the same fucking way doctors prescribe pharmaceuticals by the millions ya stupid lop.

beenthere said:

Thousands of doctors do prescribe MMJ knowing full well the people they are prescribing to do not need it for medicinal means, the same fucking way doctors prescribe pharmaceuticals by the millions ya stupid lop.

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Oh so now you remember insisting cannabis has no medicinal value? You are also certain nobody needs medicine?