The GOP tax bill would be very bad for the economy.

Better yet, let me say it another way.
A 'robust economy' would be one in which ALL consumers (individuals/families) were consuming within the means of their (individual/family members) income production provided them, allowing those who have no production income to live within the means individuals/charitable organizations are willing and able to provide them of their own free will.

 

And that would be your private "definition".

 

The liberal has learned no less than 125 times the difference between statutory rate (42%) and effective rate(25%).

The effective rate is the rate you get by avoiding the statutory rate. You avoid the statutory by moving to China or Ireland. Shall we go for 126?? See why we have to be 100% positive that liberalism is based in pure ignorance. Is any other conclusion logical?

 

The statutory rate has changed little from before the crash, and it is reduced to the effective rate by applying deductions, credits, etc. to income. Moving to China, Ireland, or the Cayman Islands ELIMINATES taxation as long as the profits remain there. It seems your explanation was based on pure ignorance, not mine.

 

As opposed to yours.

 

I didn't offer a definition of a "robust economy". Pay attention.

 

No need, when it obviously differs from my definition.

 

Just remember, the issue isn't the deficit, it's the increasing disparity of income and wealth that's the issue.

 

They don't pay Federal Income taxes. However, they still pay more in tax (state, local, sales, excise, property etc)... as a proportion of their income than the top 20%.

 

Yep, totally agree, which is why people need to understand that a large deficit, in itself, isn't the issue.

 

1) bottom 50% should pay their fair share of Federal revenue too
2) yes they pay higher % of their income for state local but they are also the benificiaires of all the govt spending on all levels so in the end have become leeches on the rich dragging our country down as they are taught not to contribute but rather to leech.
3) in a fair society every citizen contributes an equal amount, not a percent of his income thus encouraging him to feel leeching is good and he is entitled to it.

 

deficit is amount of waste so paying off waste decreases our standard of living. Imagine paying off a house you couldn't live in. Thats what we are doing thanks to all the liberal waste.

 

They do.

 

if so why so afraid to present evidence

 

"deficit is amount of waste". Ok, then the Republican budget which conservatives estimate will add $1 trillion to the debt, is waste. So too trump's wall which will add $18 billion to the debt. Good to know you agree.

 

It's not needed. Everyone is aware of the ability to pay. And I presented proof that most in the bottom half pay federal taxes and you made up excuses and objections, so it isn't worth my time to "prove" it to you again.

 

in fact bottom 50% paid 2.7% of revenue while top 1% alone payed 44%

High-Income Americans Paid the Majority of Federal Taxes. In 2013, the bottom 50 percent of taxpayers (those with AGIs below $36,841) earned 11.49 percent of total AGI. This group of taxpayers paid approximately $34 billion in taxes, or 2.78 percent of all income taxes in 2013.

 

True.......... you mentioned in a discussion one time that about seventy percent of the world currency reserve is in US dollars.

I don't think that the USA can be replaced as the primary engine of economic growth in the world........ and we need to begin looking at how to use that position in a manner that is more so win - win - win - win - win........ because the corrupt political leaders and bureaucrats in other nations......... cannot yet look very far past their own self interest to plan on how to benefit the very poor........ but Americans have been trying hard to assist the extremely poor for centuries.

 

Bobbins! The US ultimately failed to support the post-war International Trade Organisation, ensuring that GATT/WTO guaranteed trade relations in favour of the rich 'north' and to the long term detriment of developing countries.

 

ability for whom to pay whom?????

 

so??? it is not secret that bottom 50% of Americans half pay only 2.7% of federal revenue while top 1% pay s whopping 44% of federal revenue.

 

yes with biggest success in China as China adopted Republican capitalism and instantly eliminated 40% of all
the poverty on the planet.

 

But.... I lived in a third world nation for over a year and I know that Ecuador could be an economic powerhouse if it were not for the fact that corruption........ is taken for granted...... by their political and economic elite.

But there is some good news....... the people are beginning to fight back.....
http://www.politicalforum.com/index.php?threads/ecuador-could-become-another-venezuela.497280/

Ecuador could become another Venezuela.....

 

Even that is tosh! Corruption is actively encouraged through trade divides. Influence costs are a big problem for developing countries (as resource exploitation is so lucrative for Western multinational). Crikey, even the World Bank has admitted that- due to resource exploitation (and quite alien to traditional free trade theory)- developing country populations are made worse off from trade.

 

I am impressed by their Green Wall too!

It seems like a much more practical solution than a carbon tax in some form.

I was told by an expert on environmental science that one nation on earth has experienced COOLING in their climate since 1950. That nation was Israel and I don't think that it is a coincidence...... that Israel, on a per capita basis, plants more trees than any other nation. They also desalinate huge quantities of salt water for agriculture, reforestation projects and for towns experiencing drought.

Plants and trees seem to have a stabilizing effect on the climate.

https://news.nationalgeographic.com/2017/04/china-great-green-wall-gobi-tengger-desertification/


China's 'Great Green Wall' Fights Expanding Desert