Posted on 11/08/2012 4:15:39 PM PST by mdittmar
how come liberals want higher cigarette taxes to reduce smoking, higher alcohol taxes to reduce drinking, higher gas taxes to save the earth, but think that higher income tax rates have no economic effect ?
here is my challenge to liberals: you want faster economic growth with more jobs, think of what you would do to encourage more people to smoke cigarettes and apply that logic to the entire economy.
CBO = Static Scoring (using baseline budgeting)
=>
UTTERLY MEANINGLESS AND USELESS.
Ah, yes, the CBO — which conveniently said Obamacare would cost less than $1 trillion in the first decade (so it would pass). Then they revised it to $2.6 trillion after the SCOTUS decision. The CBO has zero credibility.
Here's a link to a site that will help with that: http://shopyourpolitics.com/
GROWTH = INFLATION.
Or, fill in the blank, a tax hike for the wealthy won’t kill __________ growth.
Ahem....
I know someone who has been overpaying for many years because it really did not matter much. That stops as of this week. They are going to take every damn deduction there is!
And, like a lot of other people someone is looking to move the business offshore.
Agreed, Inflation is a good reason to plan ahead by saving too. Bernake’s plan to electronically transfer (print) money is as infinite as the National debt and spending.
And business owners will close down, and never come back leaving at best inexperienced entrepreneurs and high unemployment.
They don’t pay taxes based on salary. See Warren Buffet, Denise Rich Mark Anthony.
Nor does the lower class.
Only one class does.
and they will increase spending based on an assumptions of increased revenues.
Guess who gets left holding the bag?
They don’t pay taxes based on salary. See Warren Buffet, Denise Rich Mark Anthony.
Nor does the lower class.
Only one class does.
and they will increase spending based on an assumptions of increased revenues.
Guess who gets left holding the bag?
Taxes are going up on more than just wages.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.