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Thread: Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax Plan

  1. #101
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    Re: Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax P

    Quote Originally Posted by RenoCon View Post
    Yea, its not really about raising government revenues anyway. It will all be spent trying keep the new elites in power while they dole out breadcrumbs to their "temporary" servants. The real goal is to punish those darn rich people that make us so envious.
    Punish? By raising their Taxes to what they paid under Bush's first year? 39%?

    Reupblicans sure can't do the math. 39% of $250,000 and above is a LOT more take home than 28% on $25,000. Sides, Romney wants to end taxes for people who just close businesses, take their pension plans, and do not actually have an income from it, just "capital gains".
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

  2. #102
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    Re: Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax P

    Quote Originally Posted by TurtleDude View Post
    your existence is not a just claim on the wealth of others. when people get stuff they don't have to pay for they keep demanding more and more. and one day the wealthy won't have any more wealth to be looted and the dependent addicts will revolt

    and after that, there wont be as many dependent mouths to feed or as many people who are able to feed them

    Golden Geese have wings and if they are plucked too hard they tend to fly away


    How much more money do you think the rich get on their investment portfolios because the government gives the oil companies subsidies? Because the government uses their defense contractors for all their DOD budgets?

    You sure have a screwy idea about government assistance.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

  3. #103
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    Re: Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax P

    Quote Originally Posted by TurtleDude View Post
    If you actually did some research you would find that such confiscatory rates only applied to a very small group rather than several million that you want to loot. and the loopholes and deductions were far higher.

    Your posts are obviously based on some sort of irrational hatred of people who do better than you do-sound economic reasoning has no relationship to your silly rants
    What about their looting of the deficit by paying republicans to get them tax cuts?
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

  4. #104
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    Re: Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax P

    Quote Originally Posted by Muddy Creek View Post
    I haven't been proven wrong. I showed proof of my position. That's being factually correct.
    Your whole position hinges on whether Obama made his statement, as The Weekly Standard reported. I have shown that he did. Therefore, this isn't some kind of "republican campaign tactic to smear the President", to use your words. No...in fact, this is the result of Obama, himself, spinning a Professor's study to achieve his own ends. And he got caught.

    Sucks to be Obama, eh?
    TANSTAAFL

    “An armed society is a polite society.”
    ― Robert A. Heinlein, Beyond This Horizon

  5. #105
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    Re: Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax P

    Quote Originally Posted by Mycroft View Post
    Your whole position hinges on whether Obama made his statement, as The Weekly Standard reported. I have shown that he did. Therefore, this isn't some kind of "republican campaign tactic to smear the President", to use your words. No...in fact, this is the result of Obama, himself, spinning a Professor's study to achieve his own ends. And he got caught.

    Sucks to be Obama, eh?
    The Weekly Standard alleged an email they never produced. I never trusted the carnie alley at carnivals. I saw it was rigged with showing things that did not exist. Apparently, you're a carnie alley kinda guy, willing to believe in the existence of an email never shown.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

  6. #106
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    Re: Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax P

    Quote Originally Posted by Muddy Creek View Post
    The Weekly Standard alleged an email they never produced. I never trusted the carnie alley at carnivals. I saw it was rigged with showing things that did not exist. Apparently, you're a carnie alley kinda guy, willing to believe in the existence of an email never shown.
    Dude...I GAVE you the link to Obama's statement. Did you even read it? Your strawman got slapped down and you won't admit it. Don't you find that a bit pathetic?
    TANSTAAFL

    “An armed society is a polite society.”
    ― Robert A. Heinlein, Beyond This Horizon

  7. #107
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    Re: Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax P

    Quote Originally Posted by 274ina View Post
    Ask the people in 1944 that had 94% taxes.......the rich did not leave, every one was fine........

    Then look at 50's 60 's 70's......all high taxes......
    Because the rich didnt pay 94% of their income in taxes. Tax rates are paid on certain income brackets, so that 94% was only on income above 200k (about 2.5 million today). All of their income below 2.5 million was a lower rate, so their MARGINAL rate was less than 40%. Once you add in all the deductions of the time, it was even less.

    Additionally, what the next 60 years shows is that no matter what the rates are set at, the govt takes in about the same amount of revenue, 18% of GDP.

  8. #108
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    Re: Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax P

    Quote Originally Posted by Mycroft View Post
    Dude...I GAVE you the link to Obama's statement. Did you even read it? Your strawman got slapped down and you won't admit it. Don't you find that a bit pathetic?
    Only link I see is the Weekly Standard article that doesn't reveal the email.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

  9. #109
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    Re: Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax P

    Quote Originally Posted by Muddy Creek View Post
    Only link I see is the Weekly Standard article that doesn't reveal the email.
    sigh...

    Here it is again: Romney’s tax plan adds up to a middle class tax hike — Barack Obama
    TANSTAAFL

    “An armed society is a polite society.”
    ― Robert A. Heinlein, Beyond This Horizon

  10. #110
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    Re: Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax P

    Quote Originally Posted by Mycroft View Post
    This is a comment on Romney's tax plan...NOT Harvey Rosen, as your Weekly Standard talked about.

    Apples and oranges don't make for a good discussion.

    Explain yourself.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

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