Republics

[Fife]

https://pjmedia.com/instapundit/292232/

Is anyone willing to deny the conflicts under which state employees / beneficiaries suffer when it comes to voting?

Anyone?


Compare, e.g., This is exactly the concern the Founding Fathers had.

[Martin Hash]

Not that I disagree but so what? Rich people reliably vote for lower taxes. Politics has always been a game of self interest.

[DBTrek]

Lower taxes can result in higher overall tax revenues, so the government should probably be thanking them.


(They can also *not* result in more revenues depending on what is being taxed, of course)

[Martin Hash]

Bullshit. (But what do I know?)

[Martin Hash]

The Debt is $21 trillion. Off-book Fed accounts are almost $40 trillion. How lower tax rates “balance” anything is demonstably false but I’m sure someone more famous than me says otherwise.

[DBTrek]

Bullshit. (But what do I know?)

You apparently don’t know that lower prices drive higher demand? Or that more cheeseburgers sell at $1.99 than at $2.01? So if a 10% tax rate on cheeseburgers is “cut” by 1% dropping the overall price then more cheeseburgers will be sold (and taxed) as a result.

It’s elementary economics - lowering taxes can fuel more (taxed) transactions by dropping prices. Other taxes may not fuel more taxable activity, so it’s a mixed bag. But to believe that all tax cuts harm government coffers is a rather thoughtless position, no?

[Speaker to Animals]

It is not that simple.

[Fife]

Not that it really matters when spending is unchecked, but . . .




Yes, it's that simple, when it comes to revenue. However, knowing where you are on the curve at any given time . . . well, that's tricky.

[Speaker to Animals]

Not that it really matters when spending is unchecked, but . . .




Yes, it's that simple, when it comes to revenue. However, knowing where you are on the curve at any given time . . . well, that's tricky.

It's nearly impossible to tell when you reached the point of diminishing returns. Not that we are anywhere near that point right now. Get real. We could raise taxes quite a lot and still increase revenues.

This is the part where the neocons and libertards that ruined the GOP constantly fuck up. Just stick to the ridiculous spending. You can win on that issue. Lowering taxes for the wealthy is a fucking loser.

This is an area where both sides are right. Raise taxes and lower expenditures. End the national debt for good.

[DBTrek]

Simple is the belief that tax revenues always move in the same direction as tax rates.

To borrow from the oft-used minimum wage talking point, if tax rates don’t impact tax revenues why not just tax everything at 1000%?

Just raise minimum wage to $100 an hour an tax at 1000%, everybody gets rich, all government programs funded, right?

/shrug