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Thread: 538: The GOP Tax Cuts Are Even More Unpopular Than Past Tax Hikes

  1. #21
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    Re: 538: The GOP Tax Cuts Are Even More Unpopular Than Past Tax Hikes

    Quote Originally Posted by MTAtech View Post
    I don’t see what you see regarding median family income. The basic story of postwar America is one of big gains in the first generation, near-stagnation in the second and after, with fluctuation due to the business cycle. And Reagan did not break that pattern:


    Here is a different view. No Virginia, tax cuts don’t make miracles happen.

    https://www.newsmax.com/finance/stre.../10/id/629286/

    Posting Krugman gets you no where.

    I have to make a correction it was 4K dollars not 4%.

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    Re: 538: The GOP Tax Cuts Are Even More Unpopular Than Past Tax Hikes

    Quote Originally Posted by ludin View Post
    Posting Krugman gets you no where.
    Yet posting Newsmax does?
    Freedom of speech is not freedom from criticism.

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    Re: 538: The GOP Tax Cuts Are Even More Unpopular Than Past Tax Hikes

    Quote Originally Posted by Kobie View Post
    Yet posting Newsmax does?
    I have seen both sides post newmax so there is no skewed opinion unlike krugman.

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    Re: 538: The GOP Tax Cuts Are Even More Unpopular Than Past Tax Hikes

    Quote Originally Posted by AlbqOwl View Post
    Well while the OP I believe seriously distorts what the tax bill is and will do, I remember how unpopular the Reagan tax reform was as the Democrats were characterizing that in the same way back then. It had about 15% public approval. But, once it was ushered in, we enjoyed the longest period of sustained growth in a peacetime economy that this nation had ever seen.

    I am pretty sure the GOP in Congress know what they are doing and anticipate much the same kind of results. It always takes a few months for any tax reform to kick in with whatever affect it will have on the economy so we will see.
    lots on the left are wealth vandals. they think they should be rich because "they are smarter" than conservative wealthy folks" but when they realize they aren't going to be rich, they want the government to take more and more from those who are
    Quote Originally Posted by jet57 View Post
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    Re: 538: The GOP Tax Cuts Are Even More Unpopular Than Past Tax Hikes

    Quote Originally Posted by ludin View Post
    I have seen both sides post newmax so there is no skewed opinion unlike krugman.
    Krugman's a whore who traded being serious objective academic to a propagandist for the welfare socialist state.
    Quote Originally Posted by jet57 View Post
    Yeah; a shotgun IS a rifle; it uses a different load.
    Quote Originally Posted by jet57 View Post
    I'm smart on the gun issue and what we need to do about it.

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    Re: 538: The GOP Tax Cuts Are Even More Unpopular Than Past Tax Hikes

    Quote Originally Posted by TurtleDude View Post
    lots on the left are wealth vandals. they think they should be rich because "they are smarter" than conservative wealthy folks" but when they realize they aren't going to be rich, they want the government to take more and more from those who are
    From one of my favorite books. Soul of fire by terry goodkind.

    Profit' is a dirty word only to the leeches of the world. They want it seen as evil, so they can more easily snatch what they did not earn."

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    Re: 538: The GOP Tax Cuts Are Even More Unpopular Than Past Tax Hikes

    Quote Originally Posted by ludin View Post
    They kicked and howled over the Reagan tax reforms but the end result is that everyone was better off.
    Median income rose 4K dollars. People from lower quintiles jumped two or three.

    Amazing what happens when more people have more money in their pockets. Not to mention the government brought in more money because of it.
    Remind me again what Ronald Reagan did to the national debt?
    Quote Originally Posted by Lord of Planar View Post
    I don't claim to be an expert, but I probably know more than everyone in this forum debating the topic.
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    Re: 538: The GOP Tax Cuts Are Even More Unpopular Than Past Tax Hikes

    Quote Originally Posted by ludin View Post
    They kicked and howled over the Reagan tax reforms but the end result is that everyone was better off.
    Median income rose 4K dollars. People from lower quintiles jumped two or three.

    Amazing what happens when more people have more money in their pockets. Not to mention the government brought in more money because of it.
    And the cost of living went up 5 times faster than the medium income. It shift the wealth from them middle class to the ultra rich.
    Quote Originally Posted by gfm7175 View Post
    There is no such thing as "fields of science". Science does not consist of "fields". It consists of falsifiable theories.

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    Re: 538: The GOP Tax Cuts Are Even More Unpopular Than Past Tax Hikes

    Quote Originally Posted by ludin View Post
    https://www.newsmax.com/finance/stre.../10/id/629286/

    Posting Krugman gets you no where.

    I have to make a correction it was 4K dollars not 4%.
    I noticed the increase was the best in the Clinton years. Gosh, imagine that.
    Quote Originally Posted by gfm7175 View Post
    There is no such thing as "fields of science". Science does not consist of "fields". It consists of falsifiable theories.

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    Re: 538: The GOP Tax Cuts Are Even More Unpopular Than Past Tax Hikes

    Quote Originally Posted by AlbqOwl View Post
    Well while the OP I believe seriously distorts what the tax bill is and will do, I remember how unpopular the Reagan tax reform was as the Democrats were characterizing that in the same way back then. It had about 15% public approval. But, once it was ushered in, we enjoyed the longest period of sustained growth in a peacetime economy that this nation had ever seen.

    I am pretty sure the GOP in Congress know what they are doing and anticipate much the same kind of results. It always takes a few months for any tax reform to kick in with whatever affect it will have on the economy so we will see.


    Oh is that why Reagan had to raise taxes over and over again. As did bush senior.

    He is the that realized trickle down is a scam that caused his recession and lost him the presidency. Remember the phrase "VOODOO ECONOMICS"?

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