Author Topic: The economy seems to do well when the tax rate for top incomes is higher.  (Read 2261 times)

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Offline CC27

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rucky Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Thu Dec-09-10 06:37 AM
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The economy seems to do well when the tax rate for top incomes is higher.
   
But I'd like to be able to explain why it works that way.

Anybody know? Is it because they use that extra income to influence government in their favor, and that influence is usually short-sighted and tends to be at the expense of the rest of us?

But they're still rich, and the laws allow them to spend their money that way. Without a tax break, they'll still spend their money that way. So it's possible that the relationship between upper-bracket taxation and the economy is spurious. What's really driving this economy into the hole is the influence that money is able to buy.

All these battles we're fighting seem to be heads of the Hydra, and what really needs to be controlled - the big battle we should be spending all of our energy to fight - is preventing money from influencing policy. It forces representatives to fight with zeal against the people's interest, then it's used to keep those politicians in positions of power election after election.

We've seem to come to accept that this is the way things run, but the practice is indefensible and unethical, if not downright criminal. Tax policy alone won't control this. We need transparency, accountability & then follow-through with justice.

DUmp is very boring this morning.

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Offline franksolich

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #1 on: December 09, 2010, 09:24:35 AM »
DUmp is very boring this morning.

Yeah, it is pretty boring over there this morning.

I was there for about an hour, an hour and a half, and the only excitement I noticed was that my fellow alum Skins has now designated the ex-journalist Helen Thomas as "the person who shall not be named" on Skins's island.

But getting back to the rickety primitive's question, the economy did pretty damned good, if not excellent, between January 20, 2001 and January 3, 2007, when taxes weren't so high.
apres moi, le deluge

Milo Yiannopoulos "It has been obvious since 2016 that Trump carries an anointing of some kind. My American friends, are you so blind to reason, and deaf to Heaven? Can he do all this, and cannot get a crown? This man is your King. Coronate him, and watch every devil shriek, and every demon howl."

Offline jukin

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #2 on: December 09, 2010, 09:33:14 AM »
No DUchebag, the economy does well when the republicans have control of the congress.
When you are the beneficiary of someone’s kindness and generosity, it produces a sense of gratitude and community.

When you are the beneficiary of a policy that steals from someone and gives it to you in return for your vote, it produces a sense of entitlement and dependency.

Offline CC27

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #3 on: December 09, 2010, 09:39:07 AM »
Yeah, it is pretty boring over there this morning.

I was there for about an hour, an hour and a half, and the only excitement I noticed was that my fellow alum Skins has now designated the ex-journalist Helen Thomas as "the person who shall not be named" on Skins's island.

But getting back to the rickety primitive's question, the economy did pretty damned good, if not excellent, between January 20, 2001 and January 3, 2007, when taxes weren't so high.

I thought they would be gitty over the dream act. Guess not huh Frank?

Offline franksolich

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #4 on: December 09, 2010, 09:42:06 AM »
I thought they would be gitty over the dream act. Guess not huh Frank?

I'm not sure; when the primitives on Skins's island get like this--sort of muted, discussing only boring routine topics, usually that means something.

Usually that means the mass subconscious of the primitives is aware a Great Discombobulation is about to happen, and so like decent and civilized people, they're waiting, the primitives holding their breath in fear and dread, and we holding our breath in anticipation of much merriment.
apres moi, le deluge

Milo Yiannopoulos "It has been obvious since 2016 that Trump carries an anointing of some kind. My American friends, are you so blind to reason, and deaf to Heaven? Can he do all this, and cannot get a crown? This man is your King. Coronate him, and watch every devil shriek, and every demon howl."

Offline CC27

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #5 on: December 09, 2010, 09:43:49 AM »
I'm not sure; when the primitives on Skins's island get like this--sort of muted, discussing only boring routine topics, usually that means something.

Usually that means the mass subconscious of the primitives is aware a Great Discombobulation is about to happen, and so like decent and civilized people, they're waiting, the primitives holding their breath in fear and dread, and we holding our breath in anticipation of much merriment.

Interesting. The calm before the storm.

Offline NHSparky

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #6 on: December 09, 2010, 11:29:36 AM »
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The economy seems to do well when the tax rate for top incomes is higher.

Such as when, DUmmies?  Examples, please.
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Offline Ralph Wiggum

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #7 on: December 09, 2010, 11:36:58 AM »
Yeah, it is pretty boring over there this morning.

I was there for about an hour, an hour and a half, and the only excitement I noticed was that my fellow alum Skins has now designated the ex-journalist Helen Thomas as "the person who shall not be named" on Skins's island.

What????  What happened with that?  Something to do with the old bag bashing Israel again I'd suspect.
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Offline Wineslob

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #8 on: December 09, 2010, 11:42:08 AM »
One wonders as with other memes, when the "rich" one will run out of steam.

Soon I would hope.
“The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced, if the nation doesn't want to go bankrupt. People must again learn to work, instead of living on public assistance.”

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Offline franksolich

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #9 on: December 09, 2010, 11:51:04 AM »
What????  What happened with that?  Something to do with the old bag bashing Israel again I'd suspect.

It's sprinkled in quite a few places here-and-there, but is obvious in the ATA forum.

Some primitives, especially the hateful anti-Semitic violently-crumbling primitive, are pretty upset about it.

No mention of Helen Thomas on Skins's island.

And thus that makes the list two: the old hag and franksolich as being non grata there.

Some company I got, I guess.

apres moi, le deluge

Milo Yiannopoulos "It has been obvious since 2016 that Trump carries an anointing of some kind. My American friends, are you so blind to reason, and deaf to Heaven? Can he do all this, and cannot get a crown? This man is your King. Coronate him, and watch every devil shriek, and every demon howl."

Offline Wineslob

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #10 on: December 09, 2010, 11:57:39 AM »
How does it feel to be special, Frank?      :-)
“The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced, if the nation doesn't want to go bankrupt. People must again learn to work, instead of living on public assistance.”

        -- Marcus Tullius Cicero, 55 BC (106-43 BC)

The unobtainable is unknown at Zombo.com



"Practice random violence and senseless acts of brutality"

If you want a gender neutral bathroom, go pee in the forest.

Offline GOBUCKS

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #11 on: December 09, 2010, 01:11:25 PM »
And thus that makes the list two: the old hag and franksolich as being non grata there.

Some company I got, I guess.

Well, hell, coach, think of how it must make Helen feel!
At least she wasn't responsible for the alleged death of a DUmp hero!

(You know, if you could give Helen a five-day beard and one of those muzzie headrags, she'd be a dead ringer for Arafat.)

Offline DumbAss Tanker

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #12 on: December 09, 2010, 01:21:01 PM »
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rucky Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Thu Dec-09-10 06:37 AM
Original message
The economy seems to do well when the tax rate for top incomes is higher.

That's probably because you have as much difficulty understanding "Cause and effect relationship" as the rest of your DUmmie companeros.
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Offline Randy

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #13 on: December 09, 2010, 04:51:40 PM »
It's sprinkled in quite a few places here-and-there, but is obvious in the ATA forum.

Some primitives, especially the hateful anti-Semitic violently-crumbling primitive, are pretty upset about it.

No mention of Helen Thomas on Skins's island.

And thus that makes the list two: the old hag and franksolich as being non grata there.

Some company I got, I guess.



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Offline Attero Dominatus

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #14 on: December 09, 2010, 05:00:40 PM »
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rucky Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Thu Dec-09-10 06:37 AM
Original message
The economy seems to do well when the tax rate for top incomes is higher.

If there was a fine for that level of stupidity, the nation would be out of debt in no time!
Those who would trade their liberty for temporary security will get neither. --Benjamin Franklin.

Offline true_blood

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #15 on: December 09, 2010, 07:08:11 PM »
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rucky Donating Member (1000+ posts)  Thu Dec-09-10 06:37 AM
Original message
The economy seems to do well when the tax rate for top incomes is higher. But I'd like to be able to explain why it works that way.
Anybody know? Is it because they use that extra income to influence government in their favor, and that influence is usually short-sighted and tends to be at the expense of the rest of us?
This post by the DUmmie is an EPIC FAIL. :lmao: :lmao:

Offline Wineslob

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Re: The economy seems to do well when the tax rate for top incomes is higher.
« Reply #16 on: December 10, 2010, 10:10:21 AM »
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rucky Donating Member (1000+ posts)  Thu Dec-09-10 06:37 AM
Original message
The economy seems to do well when the tax rate for top incomes is higher. But I'd like to be able to explain why it works that way.
Anybody know? Is it because they use that extra income to influence government in their favor, and that influence is usually short-sighted and tends to be at the expense of the rest of us?




I-can't-think-any-other-way................God these people are Epic Fail at so many levels.
“The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced, if the nation doesn't want to go bankrupt. People must again learn to work, instead of living on public assistance.”

        -- Marcus Tullius Cicero, 55 BC (106-43 BC)

The unobtainable is unknown at Zombo.com



"Practice random violence and senseless acts of brutality"

If you want a gender neutral bathroom, go pee in the forest.