Page 104 of 212 FirstFirst ... 45494102103104105106114154204 ... LastLast
Results 1,031 to 1,040 of 2119

Thread: Obama: No Deal Without Tax Hikes

  1. #1031

  2. #1032
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Today @ 01:48 PM
    Gender
    Lean
    Conservative
    Posts
    57,082

    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Boo Radley View Post
    I take a second job. And having been in that situation, that is exactly what I would do. A two pronged approach attacks the problem better than limiting your options.
    i agree with your solution. the way out of this mess is greater growth and the resultant job creation. fortunately, we have an entire history of economic recoveries to study if we want to learn how to do that. for example, if we had matched the 1982 recovery rate, today annual per-capita income would be $4,154 higher than before the recession—that's an extra $16,600 for a family of four—and some 15.7 million more Americans would have jobs. That's enough jobs to employ 100% of the 13.5 million Americans currently classified as unemployed. In addition, we would have provided jobs for 30% of both the 2.4 million discouraged or marginally attached workers and the 4.8 million who have totally dropped out of the work force since January 2008.



    now : what did we do different in '82?

  3. #1033
    Banned
    Join Date
    May 2011
    Location
    Huntsville, AL
    Last Seen
    03-03-17 @ 10:28 AM
    Gender
    Lean
    Conservative
    Posts
    13,813

    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by American View Post
    Look, I understand how you feel, but let's nut go nuts. He's socialist, not marxist. Although pinko commie is a fun phrase.
    No. He is a Marxist. He is conspiratorial. He uses the government against the people. He believes in wealth redistribution. He has seized some sectors of the economy and uses vast bureaucracies to stifle and control everything. His agenda is the centralization of power and control over everything in the equivalent of the dictatorship of the proletariat. The closest match is Marxism. I actually prefer Regain's term, Statist. But no one would understand just how evil and anti-American that is.

  4. #1034
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by cpwill View Post
    i agree with your solution. the way out of this mess is greater growth and the resultant job creation. fortunately, we have an entire history of economic recoveries to study if we want to learn how to do that. for example, if we had matched the 1982 recovery rate, today annual per-capita income would be $4,154 higher than before the recession—that's an extra $16,600 for a family of four—and some 15.7 million more Americans would have jobs. That's enough jobs to employ 100% of the 13.5 million Americans currently classified as unemployed. In addition, we would have provided jobs for 30% of both the 2.4 million discouraged or marginally attached workers and the 4.8 million who have totally dropped out of the work force since January 2008.



    now : what did we do different in '82?
    You do realize 82 isn't the only year to study. I've shown in the past that we've done well with high tax rates and low tax rates, and that we've done poorly with both. I've also linked earlier in this that there is noevidence that tax cuts produce jobs, or that tax increases hurt jobs. Too often your side on this makes what is called a causal relationship error. Not to mention the cherry picking of data.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  5. #1035
    Sage
    sangha's Avatar
    Join Date
    Jul 2011
    Location
    Lower Hudson Valley, NY
    Last Seen
    09-17-17 @ 05:48 PM
    Gender
    Lean
    Independent
    Posts
    59,990

    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Taylor View Post
    Haha, where do you keep finding this crap?
    • Are we supposed to believe that a 38.6% tax creates almost no jobs, but a 39.6% tax creates huge amounts of jobs?
    • That 35% is the magic number for no jobs, and 28-31% will get you some jobs?

    And what's up with these ranges anyway?
    • Why do you bother to but the 38.6% number on the chart (in effect for one year) -- and not put the 92% tax bracket on the chart, which was in effect for two years?
    • Is it because at 92% tax, there was negative job growth (-1.0), so you hide that in a 90+ category?
    • You wouldn't be using ranges for the high income tax brackets because you know that job creation goes up predictably with a few blips during recessions, and by averaging out over long periods of time you're guaranteed a nice, high value... nahh, couldn't be.

    Why 1950-2010?
    • Is it because including the 63% and 73% tax brackets from the 1930's and the pitiful growth associated with that period would destroy the illusion you're trying to put together?


    Those folks at the Center for American Progress are a real class act.
    You don't seem to understand the argument that is being made. No one here is arguing that high taxes creates job. The chart merely rebuts the wingnut notion that low tax rates create jobs. Why do you think the chart is labelled "Lower taxes on the rich don't lead to job growth"??
    Last edited by sangha; 07-15-11 at 08:59 PM.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  6. #1036
    Sage
    sangha's Avatar
    Join Date
    Jul 2011
    Location
    Lower Hudson Valley, NY
    Last Seen
    09-17-17 @ 05:48 PM
    Gender
    Lean
    Independent
    Posts
    59,990

    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Boo Radley View Post
    You do realize 82 isn't the only year to study. I've shown in the past that we've done well with high tax rates and low tax rates, and that we've done poorly with both. I've also linked earlier in this that there is noevidence that tax cuts produce jobs, or that tax increases hurt jobs. Too often your side on this makes what is called a causal relationship error. Not to mention the cherry picking of data.
    The problem is, whenever the facts are pointed out, it confuses some people so much, they think you're saying that high tax rates create jobs. They think saying "low tax rates don't create jobs" implies that "high tax rates do create jobs"
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  7. #1037
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    The problem is, whenever the facts are pointed out, it confuses some people so much, they think you're saying that high tax rates create jobs. They think saying "low tax rates don't create jobs" implies that "high tax rates do create jobs"
    It will give you a headche if you listen to it too long. I recommend a coffee break periodically.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  8. #1038
    Sage
    Taylor's Avatar
    Join Date
    Aug 2009
    Location
    US
    Last Seen
    Today @ 01:12 PM
    Lean
    Undisclosed
    Posts
    6,170

    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    You don't seem to understand the argument that is being made. No one here is arguing that high taxes creates job. The chart merely rebuts the wingnut notion that low tax rates create jobs. Why do you think the chart is labelled "Lower taxes on the rich don't lead to job growth"??
    The chart is a complete mess, the data has been doctored to imply something, but it can't be used to draw any conclusions.

  9. #1039
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 10:58 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,606

    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    You don't seem to understand the argument that is being made. No one here is arguing that high taxes creates job. The chart merely rebuts the wingnut notion that low tax rates create jobs. Why do you think the chart is labelled "Lower taxes on the rich don't lead to job growth"??
    actually some have argued that higher taxes create more government jobs (which I don't see as a benefit)

    so other than providing an excuse for the dems to spend more and appealing to class envy what do higher taxes do?



  10. #1040
    Sage
    sangha's Avatar
    Join Date
    Jul 2011
    Location
    Lower Hudson Valley, NY
    Last Seen
    09-17-17 @ 05:48 PM
    Gender
    Lean
    Independent
    Posts
    59,990

    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Taylor View Post
    The chart is a complete mess, the data has been doctored to imply something, but it can't be used to draw any conclusions.
    So you've given up on your ridiculously unsubstantiated claim that someone was arguing that high tax rates create jobs?
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

Posting Permissions

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