@aaronpeiser ya sure, put the blame on Clinton, bush only had 8 years to fix/repair the damage, but continue the wall street/bank deregulation that allow them to go gambling with the WORLD future. You do know that the world crisis have been triggered by them ? There would have been no issue with country's debt if they didn't had to bail out the banks.
@moestietabarnak I really don't get where you're going with the Iphone. I really hope you arn't claiming the wealthy person should buy poor people Iphones... Take a look at the unemployment data at the BLS. The tax cuts in 2001 and 2003 help steady the economy after 9/11 and the dot-com bubble. Unfortunately by 2008, the housing crisis began thanks to the Clinton administrations policies: google "clinton fannie mae new york times" for the first link
@moestietabarnak Give me one legitimate example where it's been discredited... You're completely ignoring the late 1980s where we reduced taxes and in fact INCREASED tax revenue. What do you think happens when that wealthy person buys that Iphone? That purchase price provide's Apple's employees their own income. Which they spend allowing the cycle to continue and continue. And what do you think the wealthy man does with the rest of their earnings? Hide it in a sock drawer?
@aaronpeiser What is bogus is that cut taxes create jobs, it's been discredited in the last 30 years. ultra-riches doesn't creates jobs. ok, let rephrase that, super wealthy doesn't create as much jobs as a strong middle class, an extra billion to a rich investor doesn't create demands like an extra $1000 to a million peoples do. And THAT is a big part of the economy, Demand side drive the economy better than the supply side.
@moestietabarnak Citing very specific examples of people that might act differently is irrelevant. If only a few leave, we still lose jobs. This overly stretched argument of yours that taxes somehow encourage investment and job creation is complete bogus. Listen, people live for themselves, regardless of how wealthy or poor they are. Fortunately, allowing people to freely pursue their self interests instead of taxing it, also allows you yours via the basic principles of production.
@moestietabarnak Ok, usually I'm not one to nitpick grammar over content, but I'm seriously having trouble decrypting that. If you're talking about the loopholes that exist in the tax system, we actually completely agree in that sense. That needs to be dealt with and it's a mess for incentives. Ryan's plan actually did address this, eliminating them almost completely, allowing instead everyone's taxes to be lowered, however liberals simply are not ready to make the serious cuts.
and they'll lose their business in the US to someone willing to do business there.
a US' constitutional lawyer have no business in India, a US doctor may not want to do medicine in Panama, Plenty of people that got rich BECAUSE they are in the US, those that don't need to be in the US, are already gone unless they want to stay with the family. Even at 50% taxes, What 100 million $ taxes when you STILL have $100 million to live on, you are really not feeling it except for the 'mine,mine,mine'
@aaronpeiser look, Taxes heaven ALREADY exist .. if they don't want to pay taxes, they ,should be there ALREADY. There OTHER reasons for them to stay. Like, who know, A JOB Maybe ? friend or family ? or maybe government services and security is better than Somalia's one?
Riches should pay MORE than the poor, because they have MORE mean, and MORE services. Police protect more the riches than the poor you know *(or you don't?)
Bottom lines, it's blackmail and you get screwed if you fall for it
@moestietabarnak Listen, read it or not, I've supplied the proof you need to see why you are wrong.
aaronpeiser 6 months ago
@aaronpeiser ya sure, put the blame on Clinton, bush only had 8 years to fix/repair the damage, but continue the wall street/bank deregulation that allow them to go gambling with the WORLD future. You do know that the world crisis have been triggered by them ? There would have been no issue with country's debt if they didn't had to bail out the banks.
moestietabarnak 6 months ago
@moestietabarnak I really don't get where you're going with the Iphone. I really hope you arn't claiming the wealthy person should buy poor people Iphones... Take a look at the unemployment data at the BLS. The tax cuts in 2001 and 2003 help steady the economy after 9/11 and the dot-com bubble. Unfortunately by 2008, the housing crisis began thanks to the Clinton administrations policies: google "clinton fannie mae new york times" for the first link
aaronpeiser 7 months ago
@aaronpeiser tell me, those bush's tax cut created how many jobs ?
\
the wealthy person buy ONE (or five) iphone .. not MILLIONS like the middle class do (whom are being slaughtered right now)
moestietabarnak 7 months ago
@moestietabarnak Give me one legitimate example where it's been discredited... You're completely ignoring the late 1980s where we reduced taxes and in fact INCREASED tax revenue. What do you think happens when that wealthy person buys that Iphone? That purchase price provide's Apple's employees their own income. Which they spend allowing the cycle to continue and continue. And what do you think the wealthy man does with the rest of their earnings? Hide it in a sock drawer?
aaronpeiser 7 months ago
@aaronpeiser What is bogus is that cut taxes create jobs, it's been discredited in the last 30 years. ultra-riches doesn't creates jobs. ok, let rephrase that, super wealthy doesn't create as much jobs as a strong middle class, an extra billion to a rich investor doesn't create demands like an extra $1000 to a million peoples do. And THAT is a big part of the economy, Demand side drive the economy better than the supply side.
Poor doesn't buy iphone or go to the restaurant.
moestietabarnak 7 months ago
@moestietabarnak Citing very specific examples of people that might act differently is irrelevant. If only a few leave, we still lose jobs. This overly stretched argument of yours that taxes somehow encourage investment and job creation is complete bogus. Listen, people live for themselves, regardless of how wealthy or poor they are. Fortunately, allowing people to freely pursue their self interests instead of taxing it, also allows you yours via the basic principles of production.
aaronpeiser 7 months ago
@moestietabarnak Ok, usually I'm not one to nitpick grammar over content, but I'm seriously having trouble decrypting that. If you're talking about the loopholes that exist in the tax system, we actually completely agree in that sense. That needs to be dealt with and it's a mess for incentives. Ryan's plan actually did address this, eliminating them almost completely, allowing instead everyone's taxes to be lowered, however liberals simply are not ready to make the serious cuts.
aaronpeiser 7 months ago
and they'll lose their business in the US to someone willing to do business there.
a US' constitutional lawyer have no business in India, a US doctor may not want to do medicine in Panama, Plenty of people that got rich BECAUSE they are in the US, those that don't need to be in the US, are already gone unless they want to stay with the family. Even at 50% taxes, What 100 million $ taxes when you STILL have $100 million to live on, you are really not feeling it except for the 'mine,mine,mine'
moestietabarnak 7 months ago
@aaronpeiser look, Taxes heaven ALREADY exist .. if they don't want to pay taxes, they ,should be there ALREADY. There OTHER reasons for them to stay. Like, who know, A JOB Maybe ? friend or family ? or maybe government services and security is better than Somalia's one?
Riches should pay MORE than the poor, because they have MORE mean, and MORE services. Police protect more the riches than the poor you know *(or you don't?)
Bottom lines, it's blackmail and you get screwed if you fall for it
moestietabarnak 7 months ago