Page 44 of 44 FirstFirst ... 34424344
Results 431 to 432 of 432

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

  1. #431
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 01:43 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,606

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

    Quote Originally Posted by The Mark View Post
    Personally, I think there's a balance point between higher and lower tax rates.

    Too high, and you reduce revenues - too low, and the same occurs.

    From another angle, IMO overly high taxes have other negative effects beyond reducing revenue yet taxes which are low enough to reduce revenue may have positive effects.


    Edit: Thus, IMO, it's best to err on the side of lower taxes, if you're unsure.
    You forget one factor that figures greatly into the welfare socialists' mindset that has nothing to do with economic efficiency or increased tax revenues or job growth.

    Its a proven fact that higher tax rates are craved by these people out of their warped sense of "fairness" which essentially involves afflicting the rich or using the tax code to punish those who were born with talent, ambition or prosperous parents

  2. #432
    Sporadic insanity normal.


    The Mark's Avatar
    Join Date
    Sep 2005
    Location
    Pennsylvania
    Last Seen
    Today @ 01:51 AM
    Gender
    Lean
    Independent
    Posts
    19,736

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

    Quote Originally Posted by TurtleDude View Post
    You forget one factor that figures greatly into the welfare socialists' mindset that has nothing to do with economic efficiency or increased tax revenues or job growth.

    Its a proven fact that higher tax rates are craved by these people out of their warped sense of "fairness" which essentially involves afflicting the rich or using the tax code to punish those who were born with talent, ambition or prosperous parents
    That may well be, although I have know way of being as sure of it as you appear to be.

    Still, anyone who thinks that is way too illogical for me to agree with.
    Education.

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

Page 44 of 44 FirstFirst ... 34424344

Posting Permissions

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