The new version of poverty

#176
#176
BigPapaVol said:
Of course it's fair. We don't do it, but there is no fairness in progressive taxes. The ridiculous notion that it is tells just how indoctrinated you are in the "rights" of Americans. Fairness would mean same rate for everyone, period.
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The Constitution specifies a uniform tax rate. Progressive tax rates are straight out of the Communist Manifesto.

If the left were serious about taxation, they wouldn't differentiate between Hollywood stars and pharmaceutical executives.
 
#177
#177
volinbham said:
bam the problem I have with your argument is that while you want the middle class to grow your solution is to slow growth among the upper class.

making the rich less rich may close the income gap but it doesn't do so by improving the lot of the middle class unless you want to grow entitlements for the middle class.

If you favor growing entitlements to the middle class as a way to create growth there then I disagree strongly that it will work.
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I don't believe my argument would hamper upper class growth, I just don't see it, if it did at all, the middle class would make up for it.
 
#178
#178
volinbham said:
the graph also shows we are at or above the real revenue per capita peak with lower tax rates.

so what's the argument for higher rates? they can't be linked to growth since real revs both grew and shrank with the same higher rates. in fact, real revenues fell almost back to levels prior to Clinton's tax hike.
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I'm pointing out that higher taxes don't hamper economic growth, or if you wanted to look at it in another perspective you could see Countercyclical policies in action in the 90s.
 
#180
#180
BigPapaVol said:
Of course it's fair. We don't do it, but there is no fairness in progressive taxes. The ridiculous notion that it is tells just how indoctrinated you are in the "rights" of Americans. Fairness would mean same rate for everyone, period.
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Even if you despise progressive taxes, they are the automatic stabilizers needed.
 
#181
#181
MG1968 said:
The Constitution specifies a uniform tax rate. Progressive tax rates are straight out of the Communist Manifesto.

If the left were serious about taxation, they wouldn't differentiate between Hollywood stars and pharmaceutical executives.
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Okay, Glenn. :eek:lol:
 
#182
#182
bam15 said:
Okay, Glenn. :eek:lol:
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laugh all you want, douche. Point out the passage in the US Constitution that calls for a progressive tax rate.

in Marx's 10 Pillars of Communism, a heavy progressive tax rate is second only to the abolition of private property.
 
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#183
#183
bam15 said:
Even if you despise progressive taxes, they are the automatic stabilizers needed.
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the what? Automatic what? Progressive tax code is porgressive gobbledygook speak for wealth redistro.
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#184
#184
bam15 said:
I'm pointing out that higher taxes don't hamper economic growth, or if you wanted to look at it in another perspective you could see Countercyclical policies in action in the 90s.
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You're pointing out dead wrong. Almost any Euro 50 year history can help you with a case study.
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#185
#185
bam15 said:
I don't believe my argument would hamper upper class growth, I just don't see it, if it did at all, the middle class would make up for it.
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When has the upper class ever suffered and the middle class prospered simultaneously.

Your classist tripe is just awful.
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#186
#186
BigPapaVol said:
You're pointing out dead wrong. Almost any Euro 50 year history can help you with a case study.
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Progressive taxes lessen the impact of the business cycle, I don't care what you say.

It's countercyclical policy at work.
 
#188
#188
bam15 said:
Progressive taxes lessen the impact of the business cycle, I don't care what you say.

It's countercyclical policy at work.
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That is absolutely crap. You don't have to care what I say. It's the work of politicians selling a program to Paul because Peter can't stop it.
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#190
#190
BigPapaVol said:
When has the upper class ever suffered and the middle class prospered simultaneously.

Your classist tripe is just awful.
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Your mythical society is something straight out of the pages of Atlas Shrugged.
 
#192
#192
bam15 said:
Your mythical society is something straight out of the pages of Atlas Shrugged.
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Cute quips don't hide that you're lost. You've bought some serious Eurocentric drivel from someone and are awfully proud.

Not surprisingly, you can't answer the question. You seem to know history when you're regurgitating something someone else pointed out for you and it makes a liberal point, however poorly, for you.
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#193
#193
BigPapaVol said:
Cute quips don't hide that you're lost. You've bought some serious Eurocentric drivel from someone and are awfully proud.

Not surprisingly, you can't answer the question. You seem to know history when you're regurgitating something someone else pointed out for you and it makes a liberal point, however poorly, for you.
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his user title, "Krugmanite" should explain everything. He follows the ramblings of a so-called economist who's never once worked in the real world.
 
#194
#194
bam15 said:
Good, because I won't.
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Obviously. You want to be regaled with large paragraphs of prose littered with textbook jargon. I'm not into it, but I'll assure you that I've spent my share of time playing that game and studyig under some of or nation's foremost economic minds. I find your game weak.
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#195
#195
MG1968 said:
his user title, "Krugmanite" should explain everything. He follows the ramblings of a so-called economist who's never once worked in the real world.
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He worked for your precious Reagan administration if it makes you feel any better.
 
#196
#196
BigPapaVol said:
Cute quips don't hide that you're lost. You've bought some serious Eurocentric drivel from someone and are awfully proud.

Not surprisingly, you can't answer the question. You seem to know history when you're regurgitating something someone else pointed out for you and it makes a liberal point, however poorly, for you.
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No more lost than you, my friend.

Eurocentric drivel :eek:lol:

It wouldn't hamper upper class growth, and if it did, the middle class would be growing in part to the reduction in the enormous gap. The stabilizers would counter act the fluctuations any ways.
 
#197
#197
BigPapaVol said:
Obviously. You want to be regaled with large paragraphs of prose littered with textbook jargon. I'm not into it, but I'll assure you that I've spent my share of time playing that game and studyig under some of or nation's foremost economic minds. I find your game weak.
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I thought your education didn't matter, and I can assure you, countercyclical policy isn't textbook jargon. Considering your education under the nation's foremost economic minds, your diatribes and quips are slightly disturbing.
 
#198
#198
bam15 said:
No more lost than you, my friend.

Eurocentric drivel :eek:lol:

It wouldn't hamper upper class growth, and if it did, the middle class would be growing in part to the reduction in the enormous gap. The stabilizers would counter act the fluctuations any ways.
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What the he'll does that mean?

Middle class suffers when the big boys pay more taxes, period. Either in near term jobs or long term investment. There is no argument. None. I don't know the rest of the crap you're saying, especially the absurdity about progressive taxation being intentionally countercyclical. What a croc.
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#199
#199
bam15 said:
I thought your education didn't matter, and I can assure you, countercyclical policy isn't textbook jargon. Considering your education under the nation's foremost economic minds, your diatribes and quips are slightly disturbing.
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You failed to tell me anything coutercyclical - because it's garbage. Progressive taxation is certainly not. If you're trying to make some senseless argument about efficiency of funds in the hands of certain groups, that's patently stupid.

It's not about my education. It's about the fact tgat I know you have ni idea what you're talking about. You simply like to regurgitate crap you've read on some blog or in a textbook.
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#200
#200
BigPapaVol said:
What the he'll does that mean?

Middle class suffers when the big boys pay more taxes, period. Either in near term jobs or long term investment. There is no argument. None. I don't know the rest of the crap you're saying, especially the absurdity about progressive taxation being intentionally countercyclical. What a croc.
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Sorry, I fundamentally disagree.

Automatic countercyclical policies lessen the impact of the business cycle, and dampen fluctuations in real GDP.
 
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