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Thread: Warren Buffet: 'Trickle Down' Theory Doesn't Work

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by Catawba View Post
    The tax rates for the wealthy I have seen proposed are not even as high as they were under the Republican presidents, Eisenhower, Nixon, and Ford.
    What does that have to do with anything?


    Oh, and before I forget, the balance point I spoke of changes constantly, due to the vast number of variables involved.
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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by Catawba View Post
    The tax rates for the wealthy I have seen proposed are not even as high as they were under the Republican presidents, Eisenhower, Nixon, and Ford.
    The population was a lot lower during those President's and the budgets weren't 3.8 trillion dollars like Obama has proposed. You continue to ignore that there are only so many dollars that the people have, if you raise Federal taxes that is going to hurt your state as more will leave it. Maybe that is what you want,a strong central govt. to take care of you

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by Catawba View Post
    So are you ready to place your bet based on 1 poll out of 23?
    My bet is that the American people will correct the problem in November and kick the socialist outof the office. You and far too many others ignore the facts and make your decisions based upon the rhetoric.Not sure what it is about liberalism and all the failures that creates your kind of loyalty

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by The Mark View Post
    What does that have to do with anything?
    I shows that the proposed tax rates are lower than in the past, under conservative leadership.

    Oh, and before I forget, the balance point I spoke of changes constantly, due to the vast number of variables involved.
    I prefer the presidents plan of targeted tax cuts for those that actually invest in jobs in this country as opposed to the GOP candidates plan to give huge tax cuts to those that are rich, whether the invest in American jobs or not.

    That didn't help the last decade we did it.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by Conservative View Post
    My bet is that the American people will correct the problem in November and kick the socialist outof the office. You and far too many others ignore the facts and make your decisions based upon the rhetoric.Not sure what it is about liberalism and all the failures that creates your kind of loyalty
    How about a friendly wager then, whichever one of us wins, gets to pick an avatar for the other to display for 6 months? Deal? After all, you've got your one poll in your pocket.

    How about it, deal?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by Catawba View Post
    I shows that the proposed tax rates are lower than in the past, under conservative leadership.
    What proposed tax rates? I was speaking in general terms, not about any specific law/bill/whatever.

    And I sure as hell wasn’t focusing on any one political or ideological entity.


    Quote Originally Posted by Catawba View Post
    I prefer the president’s plan of targeted tax cuts for those that actually invest in jobs in this country as opposed to the GOP candidates plan to give huge tax cuts to those that are rich, whether the invest in American jobs or not.

    That didn't help the last decade we did it.
    I get the distinct impression that you’re responding to something you inferred I said, rather than what I actually said.

    Because that statement is completely unrelated to that which it was in response to.
    Education.

    Sometimes I think we're alone. Sometimes I think we're not. In either case, the thought is staggering. ~ R. Buckminster Fuller

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by The Mark View Post
    What proposed tax rates? I was speaking in general terms, not about any specific law/bill/whatever.

    And I sure as hell wasn’t focusing on any one political or ideological entity.


    I get the distinct impression that you’re responding to something you inferred I said, rather than what I actually said.

    Because that statement is completely unrelated to that which it was in response to.
    So you are not talking about our tax system?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by Catawba View Post
    So you are not talking about our tax system?
    I was talking about taxes in general.

    Anywhere, anywhen.


    I was thinking specifically about the US tax system at the time, since that's what I have the most experience with.
    Education.

    Sometimes I think we're alone. Sometimes I think we're not. In either case, the thought is staggering. ~ R. Buckminster Fuller

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by The Mark View Post
    I was talking about taxes in general.

    Anywhere, anywhen.


    I was thinking specifically about the US tax system at the time, since that's what I have the most experience with.
    Who's plan do you prefer?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by Catawba View Post
    Who's plan do you prefer?
    I don't know enough about the various plans out there to make a call.

    Haven't been paying much attention lately.


    That's the trouble with politics these days, you almost need to spend several hours a day just keeping track of things, and frankly I can think of many things I'd rather be doing.


    But I digress.


    I'm not sure any of the various plans out there fit my idea of "what should be".

    As I'm a fiscal libertarian/conservative, in general terms...

    And the Democrat party is progressive/liberal fiscally…and so are the republicans...I think.

    Progressivism…that word keeps popping up…usually connected with policies and such that I disagree with, it seems.

    I just don’t know…
    Education.

    Sometimes I think we're alone. Sometimes I think we're not. In either case, the thought is staggering. ~ R. Buckminster Fuller

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