Supply side economics is an epic failure for 99%

  • Thread starter Thread starter Guns Guns Guns
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Ha ha!

You have changed my mind!

We should keep 'epic fail' for everyone who needs tired and stale phrases to express themselves!
 

Well, if the purpose of an economic system is to increase the wealth of its participants, from the chart, it has been an ovwerwhelming success. Incomes have increased for all. Somehow, I suspect you thought the purpose of an economic system was to equalize income
 
Well, if the purpose of an economic system is to increase the wealth of its participants, from the chart, it has been an ovwerwhelming success. Incomes have increased for all. Somehow, I suspect you thought the purpose of an economic system was to equalize income

I don't suspect you of stupidity, you have proven it, since you think that's what I said.
 
Since I made no assertions about what you "said", we can see where it is the stupidity is concentrated

Yes, and it's gracious of you to admit it.

Well, if the purpose of an economic system is to increase the wealth of its participants, from the chart, it has been an ovwerwhelming success. Incomes have increased for all. Somehow, I suspect you thought the purpose of an economic system was to equalize income
 
Why is there no detail on the old chart. Poor people don't want you to know there always have been rich and they have always done better. Just like king in platoon said. Rich been fucking over the poor, always have always will.
 
Why is there no detail on the old chart. Poor people don't want you to know there always have been rich and they have always done better. Just like king in platoon said. Rich been fucking over the poor, always have always will.

So your views on life are based on quotes from old movies?
 
Legion troll u retard. I am on the occupy side. Except I have solutions instead of whining.
Democrats don't want it though u troll it's an oligarchy and they are getting as rich as the republicans. Auditors and regulators piss in their pants in front of powerfull execs and politicians. The sec needs FBI type power and pay to give them the backbone and mandate to ass fuck the white collar crimes. Madhoff, Enron, worldcom had pencil neck accountants like mean screaming from a tiny cubicle while some crony political circliist rants how the sky is blue and excepts enrons Xmas party invite. Ok rant over
 
No. It did seem that you wanted to make one, but didnt have the nads to do so

I did make one, but you don't have the brains to understand it. Not my problem.

I have yet to see anyone — not even when capital gains rates were 39.9 percent in 1976-77 — shy away from a sensible investment because of the tax rate on the potential gain.

People invest to make money, and potential taxes have never scared them off.

And to those who argue that higher rates hurt job creation, I would note that a net of nearly 40 million jobs were added between 1980 and 2000.

You know what’s happened since then: lower tax rates and far lower job creation.


http://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html
 
I did make one, but you don't have the brains to understand it. Not my problem.

I have yet to see anyone — not even when capital gains rates were 39.9 percent in 1976-77 — shy away from a sensible investment because of the tax rate on the potential gain.

People invest to make money, and potential taxes have never scared them off.

And to those who argue that higher rates hurt job creation, I would note that a net of nearly 40 million jobs were added between 1980 and 2000.

You know what’s happened since then: lower tax rates and far lower job creation.


http://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html

Afraid I dont know what you are babbling on about now fool. I pointed out that incomes rose across all income sectors
 
This whole idea that taxes stifle job creation is absurd on the face of it. People create jobs to make money. They don't create jobs out the kindness of their heart. The more taxes, the higher the tax rate, the more people are going to think up ways to make money; ie: create jobs. Before someone comes along with the asinine argument that if taxes were 100% there would be plenty of jobs obviously people have to realize a profit. However, the smaller the profit, the harder people are going to work at making money because that's the reason they are in business; to make money, not to provide a job for someone else.

It's the poor who need help, the tax breaks, to start a business. Once it is going they do not require further incentive to expand. The money they earned and the potential for more will provide plenty of incentive.
 
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