Would killing the economy help the poor?

[Mr. dB]

Doesn't mean they shouldn't contribute...

So it's more important to you that the people who have no money "contribute", than it is that we actually do something that would affect the bottom line?

If we're looking for increased tax revenue, seems to me like we should be looking to collect it from the people who have money. We can go after 50% of the people who control 1% of the wealth, or we can go after 1% of the people who control 42% of the wealth. I wonder which one would actually affect the deficit in some meaningful way?

 

[ledhead]

Reasoning about what?

1) Fact of the matter is that corporations and wealthy individuals are paying a lower effective rate today (and have been over the past few years) than at almost any time previously.

2) Saying the Bush tax cuts made the economy grow every quarter is like saying that me brushing my teeth has helped me fight cancer. I brush my teeth twice a day, and I dont have cancer. Ergo, brushing fights cancer!

Plus, suggesting that Bush presided over an economic boom shows a lack of even a basic understanding of not only economic growth (not measured by GDP numbers, which includes government spending....hence the "growth" over the past 18 months) but just an ignorance of history in general.

Bush Lead During Weakest Economy in Decades - washingtonpost.com

Because I'm too lazy to write a paper for you right now.

PS - Im no fan of the man, but to date Obama has created more private sector jobs than Bush did during his entire presidency.

Reasoning to your distorted thinking, your thinking is perfectly warped. You live under a tradition instead of reality, you live under the thinks of others, not your own. I woudn't live under the impact and influence of what you call civilization for all the money in the world.

Yeah, by all means don't write an essay, I will rip it to shreds inside of 2 minutes.

Here's my ignorance of history. My Primary Source Trumps your Secondary Source.



http://HeritageFoundation:SettingtheRecordStraight:ClintonHikesSlowedGrowthBushCutsPromotedRecovery


Let me know if you want a lesson on the economic booms of the 20's and 80's and a lesson on the Great Depression, I'm close to an expert on them eras...

 

[75th]

lol

And uber lol @ quoting the Heritage Foundation.

Theres a reason that not even plunkey would argue that the economy boomed under Bush.

/thread

 

[mrplunkey]

So it's more important to you that the people who have no money "contribute", than it is that we actually do something that would affect the bottom line?

If we're looking for increased tax revenue, seems to me like we should be looking to collect it from the people who have money. We can go after 50% of the people who control 1% of the wealth, or we can go after 1% of the people who control 42% of the wealth. I wonder which one would actually affect the deficit in some meaningful way?

False choice. Those two aren't mutually exclusive.

But I do like your attitude toward taxation in general. They're definitely "going after" people these days. And people are checking out of the system at record rates. That 1% that controls the wealth will be deploying said wealth in a more globally dispersed (and difficult to tax) way.

 

[ledhead]

lol

And uber lol @ quoting the Heritage Foundation.

Theres a reason that not even plunkey would argue that the economy boomed under Bush.

/thread

Lol.. Well theres charts and maps... what more do you want? I guess the Washington Post is a better source, right? Whatever then...

 

[miplank]

Lol

 

[75th]

Lol

loollool

Can anybody tell me wtf this means:

"Reasoning to your distorted thinking, your thinking is perfectly warped. You live under a tradition instead of reality, you live under the thinks of others, not your own. I woudn't live under the impact and influence of what you call civilization for all the money in the world."

 

[ledhead]

loollool

Can anybody tell me wtf this means:

"Reasoning to your distorted thinking, your thinking is perfectly warped. You live under a tradition instead of reality, you live under the thinks of others, not your own. I woudn't live under the impact and influence of what you call civilization for all the money in the world."

Yeah, it means you are a moron..

 

[miplank]

U mad?

 

[75th]

U mad?

Ya he mad.