"I helped create the GOP tax myth. Trump is wrong. Tax cuts don't equal growth."

Discussion in 'Economics & Trade' started by Cigar, Sep 28, 2017.

  1. james M

    james M Banned

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    let's never forget that it is liberals who are totally irresponsible and killed 40 Balanced Budget Amendments to the Constitution. Why? They cease to exist if they cant buy votes by always promising more welfare.
     
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  2. Diuretic

    Diuretic Well-Known Member

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    Why risk it? There's plenty of capital there, no need to risk it, just use it.
     
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  3. Diuretic

    Diuretic Well-Known Member

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    Who actually causes growth? No, it's what actually causes growth.
     
  4. Kode

    Kode Well-Known Member

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    Yup. Good post. Here's more that arrived in my email just today: http://bit.ly/2g2LE3Q
     
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  5. JakeJ

    JakeJ Well-Known Member Past Donor

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    It is impossible to read the OP's link without subscribing to the Washington Post or opening up your computer to a million pop-ups and hacking.
     
  6. james M

    james M Banned

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    Growth is caused by invention of new products in capitalistic environment.
     
  7. james M

    james M Banned

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    because the billionaire wants more just as the poor man does.
     
  8. james M

    james M Banned

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    Yes, a Balanced Budget Amendment does this but Democrats kill them because they depend on more and more spending to buy more and more votes for more and more welfare.
     
  9. Econ4Every1

    Econ4Every1 Well-Known Member

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    No, at the Federal Level taxes is how you reduce inflation pressure. When inflation is low and the Fed is having a hard time meeting it's 2% inflation target, taxes simply remove savings and make things worse.

    Having said that, you are right in how money is spent matters, just remember that the government isn't limited by tax collection, it's limited by inflation.
     
  10. FreshAir

    FreshAir Well-Known Member Past Donor

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    tax cuts do no timprove the economy, corportations hiring Americans improves the economy

    what we need to do is raise the tax of all corps by 20%, then offer a 20% tax cuts for those that use more then 90% American labor

    if during the Bush years corps had outsourced IT, Customer service jobs, ect... to India... they would not of been booming years

    information is power, Corporation are giving it to other countries

    American corps are doing worse then not kneeling for a flag, they are selling out the middle class, will Trump care? will Trump call them SOB's
     
    Last edited: Oct 9, 2017
  11. james M

    james M Banned

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    of course they do. If your family gets a tax cut they can buy a new car. Do you understand?
     
  12. james M

    james M Banned

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    absurd. American labor is too expensive so few would buy what they made and the economy would collapse.
    Do you understand?

    there is no free lunch. If American labor is to succeed is must be competitive not rely on govt manipulation which does not make them competitive.
     
    Last edited: Oct 10, 2017
  13. james M

    james M Banned

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    wrong of course, corporations must leave to be competitive and survive. Liberal govt forces them off shore with liberal unions taxes and regulations. Do you understand?
     
  14. james M

    james M Banned

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    wrong of course taxes are used to fund govt programs. inflation is controled by what they call the Fed. Do you understand?
     
    Last edited: Oct 10, 2017
  15. james M

    james M Banned

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    you have fiscal and monetary policy confused. I suggest Econ 101 for you. govt spending is limited by tax collection and household spending is limited by income. if you remember that you will not get too confused.
     
    Last edited: Oct 10, 2017
  16. FreshAir

    FreshAir Well-Known Member Past Donor

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    republicans want Americans to be paid 3rd world wages, that is their answer?

    foreign outsourcing is a national security threat and should be treated as such

    India pretty much controls most of the Corporations IT nowadays, tell me that is not a national security risk

    information is power, and were handing it over to India on a silver platter
     
    Last edited: Oct 10, 2017
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  17. james M

    james M Banned

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    why would they want that? the more they get paid the more they buy from rich Republicans. You make no sense. Care to try again?
     
  18. james M

    james M Banned

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    agreed so to you want to stop liberals policies that cause outsourcing: liberal unions taxes deficits regulations
     
  19. james M

    james M Banned

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    National security risk is north korea Iran Pakistan Russia China with nuclear missiles ISIS with chemical weapons, russia with Putin.

    India is way down any list.
     
  20. FreshAir

    FreshAir Well-Known Member Past Donor

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    republicans borrow and spend, democrats tax and spend.....
     
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  21. james M

    james M Banned

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    absurd of course Republicans have introduced 30 Balanced Budget Amendments and each has been killed by Democrats
     
  22. FreshAir

    FreshAir Well-Known Member Past Donor

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    my bad, I meant tax cuts for the rich, of course tax cuts for the middle class help the economy

    bottom up works, trickle down doesn't

    the the middle class have money, they buy stuff, jobs are created so the rich can get that money

    if you give that money to the rich, no jobs created as they already have the money
     
    Last edited: Oct 10, 2017
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  23. FreshAir

    FreshAir Well-Known Member Past Donor

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    Bush Jr double the debt and crashed the economy
     
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  24. james M

    james M Banned

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    so?? he would have introduced a BBA had there been any support for it.
     
  25. james M

    james M Banned

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    how could it help if they pay almost no taxes. Top 1% pay 42 of taxes and they are the inventor class. Get it now.
     

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