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Thread: Do You Want Higher Taxes?

  1. #111
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    Re: Do You Want Higher Taxes?

    Quote Originally Posted by Badmutha View Post
    Not as much........fewer jobs = fewer people paying income tax......taxes were cut and job growth spurred....and the tax pool grew.
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    Except that cuts in income tax rates lead to less income tax revenue, as per above. Thanks for playing.

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    Re: Do You Want Higher Taxes?

    Quote Originally Posted by evanescence View Post
    This entire economy is not dependent on the super rich investors (the investors I am referring to). I am not referring to small business entrepreneurs here. Also, please quit pretending like the being wealthy automatically equals higher intelligence. Often times, it's the luck of the draw.
    Oh I bet there is a rather strong correlation between high earners and high intelligence. Luck has far less to do with it but that erroneous assumption makes it far easier to justify imposing confiscatory taxes on "lucky people" than talented ones.



  3. #113
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    Re: Do You Want Higher Taxes?

    Quote Originally Posted by upsideguy View Post
    Except that cuts in income tax rates lead to less income tax revenue, as per above. Thanks for playing.
    and more tax revenue means less money in the hands of those who earned it and more money to be wasted by a wasteful government



  4. #114
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    Re: Do You Want Higher Taxes?

    Quote Originally Posted by upsideguy View Post
    Yep, you get it.... see above.

    Its nice to actually have knowledgeable players playing the game.
    thanks dude.

  5. #115
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    Re: Do You Want Higher Taxes?

    Quote Originally Posted by Thunder View Post
    thanks dude.
    I'll second that - it is nice to have people on here who can back up what they are saying with actual data instead of speculation
    Last edited by MusicAdventurer; 07-16-11 at 10:50 PM.

  6. #116
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    Re: Do You Want Higher Taxes?

    Quote Originally Posted by TurtleDude View Post
    and more tax revenue means less money in the hands of those who earned it and more money to be wasted by a wasteful government

    Your buddies around here have been arguing cutting taxes raises revenue.

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    Re: Do You Want Higher Taxes?

    Quote Originally Posted by winston53660 View Post
    Your buddies around here have been arguing cutting taxes raises revenue.
    lol.........

  8. #118
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    Re: Do You Want Higher Taxes?

    Leave it to a neocon start a thread in the poll forum and forget to put the poll..

    Nice one..

    Nobody wants a tax increase.. We all just want everyone to pay their fair share.. If you think GE paying ZERO taxes is fair then you have either rockes in your head or a well lubed butt!!

  9. #119
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    Re: Do You Want Higher Taxes?

    Quote Originally Posted by winston53660 View Post
    Your buddies around here have been arguing cutting taxes raises revenue.
    sometimes they do sometimes they don't and in many cases they can do both depending on the time

    what tax increases do (when applied only to the rich) is to give dems cover when they want to spend more and to pander to class envy. Raising taxes on everyone-especially those other than the rich can have an edifying use that could cause the masses to be less enthralled with massive government spending but such hikes would probably cause the enactors to lose elections as well



  10. #120
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    Re: Do You Want Higher Taxes?

    Quote Originally Posted by DemonMyst View Post
    Leave it to a neocon start a thread in the poll forum and forget to put the poll..

    Nice one..

    Nobody wants a tax increase.. We all just want everyone to pay their fair share.. If you think GE paying ZERO taxes is fair then you have either rockes in your head or a well lubed butt!!
    what about the 47% who get all the citizenship benefits of the top 5% yet they pay NO federal income taxes.

    and GE paid plenty of taxes on profits obtained in other nations. they also paid tons of payroll taxes on their domestic workers.



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