Beta Key Giveaway Week 3: Winners have been selected!

Page 7 of 7 FirstFirst ...
5
6
7
  1. #121
    Titan Lenonis's Avatar
    Join Date
    Jan 2011
    Location
    Chicago, IL
    Posts
    12,008
    Quote Originally Posted by Tijuana View Post
    Calling other posters dumb, doesn't make you more right. Just sayin...
    I'm not calling the poster dumb. Hence the "it's" rather than "you're". I'm calling the argument dumb. It's the same trickle down nonsense that we've had decades of evidence that it doesn't work. To think that business would create a national infrastructure worthy of anything out of the goodness of their heart is ridiculous.

    Cutting corporate taxes solves a number of problems, despite the tantrums of Democrats. It's a global economy, and having the highest tax rate in the world, is inferior to having a competitive rate.
    Please learn the difference between nominal and effective and try again. We don't have the highest effective tax rate in the world and no business cares about nominal rates.

    When you give people money, particularly those not living hand to mouth, they will most often spend that money on making more money. It's undeniable that growth ensues from cutting corporate taxes.
    You also apparently need to learn the difference between corporate and personal taxes.
    Quote Originally Posted by Jeezy911 View Post
    I am usually so far ahead of the game I sometimes feel like Nostradamus. Go look at my predictions for the election 6 months prior.
    Quote Originally Posted by Jeezy911 View Post
    I was indeed wrong about Moore.
    PSA - Theinquisition is SuperTony51 who issued death threats on these forums.
    And saving for awesomeness

  2. #122
    Quote Originally Posted by Lenonis View Post
    I'm not calling the poster dumb. Hence the "it's" rather than "you're". I'm calling the argument dumb. It's the same trickle down nonsense that we've had decades of evidence that it doesn't work. To think that business would create a national infrastructure worthy of anything out of the goodness of their heart is ridiculous.

    Please learn the difference between nominal and effective and try again. We don't have the highest effective tax rate in the world and no business cares about nominal rates.

    You also apparently need to learn the difference between corporate and personal taxes.
    1. Trickle down is not an economic theory. It has never been suggested, by any politician. Ever. It's a pejorative, and it's inaccurate. The KEY to supply side economics, is that the working class gets more money in their pocket, so they can spend it. This is why every GOP tax plan cuts taxes on the working class. NO tax plan of Democrats cuts the taxes of the working class (or anyone, for that matter). The entire point of supply side economics, is to put money back in the economy, out of the hands of government waste and abuse.

    2. I have not heard anyone suggest that corporations would create infrastructure out of the goodness of their hearts. Toll bridges are not built as charity, they are built to collect the toll. Obviously.

    3. You seem to be unaware of the things you have to qualify for, in order to get to effective rate land. Spoiler alert: without lobbying, you are excluded. If you are not a giant corporation, you are excluded. Having the lowest effective rate did nothing for my business, that qualified for zero of the goodies that make the rate effective. Your notion that no business cares about the tax rates they are actually paying is ludicrous. So what if GE gets a huge deduction? How does that help businesses that don't qualify for the give away deduction? I mean, come on man. Think this through to the end.

    4. With all due respect, I just don't think you understand. Corporations are owned by shareholders, aka people. Cutting corporate tax instantly makes every business more profitable. They get to keep more money now. What will with they do with that money? They will either re-invest in their company, creating growth. Or, they will give it out to shareholders, who will then re-invest it in other businesses, creating growth. If any part of your understanding can be helped by me, it's this: The favorite thing in the whole wide world that rich people like to do with money, is use it to make more money. That's just human nature.

    Lastly, why do you have to be so vitriolic? Just speak your mind. There is no need to insult people, and call them names, just because they disagree.

  3. #123
    Titan Lenonis's Avatar
    Join Date
    Jan 2011
    Location
    Chicago, IL
    Posts
    12,008
    Quote Originally Posted by Tijuana View Post
    I just don't think you understand.
    You know what...given how much misinformation is in your post (supply side economics is defined by giving tax cuts to the middle class...what??) I can only come to the conclusion you are intentionally arguing in bad faith.

    I neither have the time nor inclination to deal with your big bag of lies, especially when it's intentional.

    Fortunately for me reality is on my side and the last several decades refutes just about everything you posted.
    Quote Originally Posted by Jeezy911 View Post
    I am usually so far ahead of the game I sometimes feel like Nostradamus. Go look at my predictions for the election 6 months prior.
    Quote Originally Posted by Jeezy911 View Post
    I was indeed wrong about Moore.
    PSA - Theinquisition is SuperTony51 who issued death threats on these forums.
    And saving for awesomeness

  4. #124
    Quote Originally Posted by Lenonis View Post
    You know what...given how much misinformation is in your post (supply side economics is defined by giving tax cuts to the middle class...what??) I can only come to the conclusion you are intentionally arguing in bad faith.

    I neither have the time nor inclination to deal with your big bag of lies, especially when it's intentional.

    Fortunately for me reality is on my side and the last several decades refutes just about everything you posted.
    If you can't refute what I have said with facts or arguments, I guess you can always resort to baseless insults.

    Here read up. Learn what supply side is really about, if you won't take my word for it. The point is to spur growth via consumer spending, that resulted from people having lower taxes to pay. If you don't cut the taxes of the actual consumers, obviously this won't work. Hence EVERY GOP tax plan, includes tax cuts to all of the brackets.

    https://en.wikipedia.org/wiki/Supply-side_economics

  5. #125
    The Insane Breccia's Avatar
    Join Date
    Oct 2010
    Location
    NY, USA
    Posts
    16,722
    Quote Originally Posted by Tijuana View Post
    The point is to spur growth via consumer spending, that
    Sorry to interrupt, but Trump is still making waves with that gas tax, which is the opposite of spurring consumer spending. Specifically, both sides of this issue (party irrelevant) seem unwilling to accept that Trump has walked away from the gas tax, because Trump can't keep his story straight on anything.

    Trump has delighted transportation groups and infuriated conservatives with his latest show of support for a federal gas tax, but advocates on both sides of the issue say they aren’t taking his calls too seriously.

    They say the president’s tendency to flip positions on a dime — and the tough political reality of raising the gas tax — suggests it would be foolish to put too much faith in the White House putting significant political weight behind the issue.

    “My first thought was, will this last 30 minutes or 3 days or 30 days?” said Marcia Hale, president of Building America's Future, who supports raising the gas tax.

    “It doesn’t cost him anything to say we’re looking at everything,” said Grover Norquist, president of Americans for Tax Reform, an influential anti-tax group that has enormous sway over the Republican Party.

    Trump’s latest endorsement came during a bipartisan meeting Wednesday at the White House, where Trump said he could get behind a 25-cent gas tax hike to pay for his newly released infrastructure plan.

    Trump’s apparent willingness to touch what has long been considered the “third rail” in politics has baffled some on Capitol Hill.

    Raising federal fuel taxes — which hasn’t been done in over two decades — would be a herculean lift in Congress, where conservatives have repeatedly drawn a red line over the issue.

    Yet Trump, who has bent the GOP party to his own will on other issues, has repeatedly entertained the idea.

    He first signaled openness to a gas tax hike in an interview with Bloomberg last spring, though the administration was quick to walk the comments back.

    Trump also mused about a 50-cent gas tax during a private meeting with lawmakers a few months ago, according to The Washington Post, while his economic adviser Gary Cohn has pitched a lower increase to some members of Congress.

    Most recently, Trump said “several times” during a meeting with lawmakers that he could back a 25-cent fuel tax increase, according to Sen. Tom Carper (D-Del.), who attended the meeting following the White House’s infrastructure roll out. Others familiar with the meeting said the suggestion was more of an off-the-cuff remark than a serious policy position.
    Yep, that's a fifty cent gas tax right there. It's next to the 25 cent increase that this thread is about. Pretty sure driving up the prices that much -- can you imagine fifty cents more per gallon? -- kills a lot of the voluntary demand.

    Sorry to interrupt, please continue describing Trump's ability to handle basic economic principles. I'm sure he learned it at Trump U. between his fifth and sixth bankruptcies. Say, how's the dollar doing? Still dropping? That's neat.

  6. #126
    Elemental Lord ringpriest's Avatar
    Join Date
    Sep 2011
    Location
    The Pearl
    Posts
    8,954
    Quote Originally Posted by Breccia View Post
    I posted in another thread, the WH saw the immediate hue and cry from, well, everyone, and starting What He Meant Was-ing.

    So, it was over in a couple hours. Trump said something monumentally stupid and incompetent, and his handlers explained that those things he said didn't mean those things he said. Same tune, different verse.
    If I didn't know better, I'd think that the "President" of the United States was just an actor playing a role for reality television, who occasionally goes off script and the show-runners have to correct it in post-production.
    "In today’s America, conservatives who actually want to conserve are as rare as liberals who actually want to liberate. The once-significant language of an earlier era has had the meaning sucked right out of it, the better to serve as camouflage for a kleptocratic feeding frenzy in which both establishment parties participate with equal abandon" (Taking a break from the criminal, incompetent liars at the NSA, to bring you the above political observation, from The Archdruid Report.)

  7. #127
    Quote Originally Posted by Breccia View Post
    Sorry to interrupt, but Trump is still making waves with that gas tax, which is the opposite of spurring consumer spending. Specifically, both sides of this issue (party irrelevant) seem unwilling to accept that Trump has walked away from the gas tax, because Trump can't keep his story straight on anything.



    Yep, that's a fifty cent gas tax right there. It's next to the 25 cent increase that this thread is about. Pretty sure driving up the prices that much -- can you imagine fifty cents more per gallon? -- kills a lot of the voluntary demand.

    Sorry to interrupt, please continue describing Trump's ability to handle basic economic principles. I'm sure he learned it at Trump U. between his fifth and sixth bankruptcies. Say, how's the dollar doing? Still dropping? That's neat.
    Wow, Trump is just trying his best to fuck over everyone.

    Dontrike/Shadow Priest/Black Cell Faction Friend Code - 5172-0967-3866

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •