"if tax cuts for the wealthy and more money for the rich led to job creation, we would be drowning in jobs"
Continuing to pretend that we don't, effectively, have a world corporate oligarchy is just not helping.
ATTENTION SHEEPLE! GAY MARRIAGE, WOMEN'S UTERUSES, PERSECUTION OF CHRISTIANS, THESE ARE VASTLY MORE IMPORTANT THAN OVERPOPULATION, CLIMATE CHANGE, RUNAWAY DEBT, POISONOUS FOOD, CLEAN WATER AND CLEAN AIR.
THANK YOU FOR YOUR COOPERATION. NOW YOU ARE FREE GET BACK TO FOX AND MSNBC.
Ok I turned the bullhorn off. Oh look at them all going like good little sheeple.
"if tax cuts for the wealthy and more money for the rich led to job creation, we would be drowning in jobs"
Imagination was given to man to compensate him for what he is not, and a sense of humor was provided to console him for what he is.- Oscar Wilde
I swear I'll hate the fucking GOP until the day I'm rich! -bdr
Check out:
Budleydorights Big sealed Box Bursting with Big Beautiful BlueBerry Buds! http://www.rollitup.org/grow-journal...erry-coco.html
and i hate how taxes stop businesses from growing, every time a business guy makes an extra 50g he also gets punched into a higher %tax range. so instead of opening another shop, he must pay higher taxes to the government... so that they can ummmm spend it wisely![]()
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taxes don't keep businesses from growing. that line of thinking is pure LOL and lets me know you have no idea how a business operates.
you know what my father in law, who owns several businesses, says about returning to clinton era tax levels? he says you'd have to be stupid to turn down an extra $100k because of $4k more taxes. and it's true.
businesses grow if there is demand for the product. the economy as a whole grows when aggregate demand increases. aggregate demand accounts for more than two thirds of our economy.
so when you put an effective tax raise on the middle class, the powerhouse behind aggregate demand, in order to give a tax break to a business that pays the lowest effective tax rate in the world, you are simply shipping money to the top, not growing business.
of course, if you bleat fox news talking points in super-simplified fashion like you do, this would never occur to you.
I agree, that's a big problem. I consider it less wise to give an already rich business subsidies than invest in a new technology.
It's amazing how few know the difference between an investment and a handout. NASA was an investment that is still paying big dividends to the private sector, nice to see how the repay the US taxpayers who made it. Moving everthing offshore?
Check out:
Budleydorights Big sealed Box Bursting with Big Beautiful BlueBerry Buds! http://www.rollitup.org/grow-journal...erry-coco.html
With all due respect Bucky, it sounds like your father in-law is as ignorant as you when it comes to taxes.
Look at the figures he uses, an extra 100k in income only nets him $4k in more tax liability? Are you friggin serious, Hell, just a week ago you were trying to convince us all you were paying an effective rate of 25% on only $28k a year, now your father in-law tells you you'd pay 4% on an extra $100k, you're either the dumbest resident know it all on RIU, or a straight up liar.
Get your fact straight Bucky, a business owner with an average taxable income of $200,000 annually that makes an extra $100k the following year, his tax liability will go up approximately $25,000. That would make his effective rate on that extra income around 25%, the same effective rate you paid on 1/4 of the income. LOL
Only a retard would do a ten minute Wikipedia search on how to run a business, then turn around and give critique.
Before you tell another poster he has no idea how a business runs, you may want to know yourself.![]()
With all due respect Bucky, it sounds like your father in-law is as ignorant as you when it comes to taxes.
Look at the figures he uses, an extra 100k in income only nets him $4k in more tax liability? Are you friggin serious, Hell, just a week ago you were trying to convince us all you were paying an effective rate of 25% on only $28k a year, now your father in-law tells you you'd pay 4% on an extra $100k, you're either the dumbest resident know it all on RIU, or a straight up liar.
Get your facts straight Bucky, if a business owner with an average taxable income of $200,000 makes an extra $100k the following year, his tax liability will go up approximately $25,000. That would make his effective rate on that extra income around 25%, the same effective rate you paid on 1/4 of the income. LOL
Only a retard would do a ten minute Wikipedia search on how to run a business, then turn around and give critique.
Before you tell another poster he has no idea how a business runs, you may want to know yourself.
I know it's tough to keep track of all the lies you tell Bucky, but don't you worry, I'll be helping you with that.![]()
Last edited by beenthere; 06-04-2012 at 12:44 AM.
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