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Could Tax Increases Speed Up the Economy? Democrats Say Yes
New York Times ^
| December 5, 2019
| Jim Tankersley
Posted on 12/09/2019 10:55:26 AM PST by karpov
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Warren wants to punish the "rich" because she and many of her supporters are motivated by envy. Her web site advertises a
Billionaire Tears Mug. Any of her economic justifications are rationalizations after the fact.
1
posted on
12/09/2019 10:55:26 AM PST
by
karpov
To: karpov
2
posted on
12/09/2019 10:56:49 AM PST
by
a fool in paradise
(Recall that unqualified Hillary Clinton sat on the board of Wal-Mart when Bill Clinton was governor)
To: karpov
Al Gore Junior said that $250,000 makes you a millionaire because in 4 years that is a million dollars
3
posted on
12/09/2019 10:57:49 AM PST
by
a fool in paradise
(Recall that unqualified Hillary Clinton sat on the board of Wal-Mart when Bill Clinton was governor)
To: karpov
Expecting tax increases to speed up the economy is like lighting fire to a frame home with expectations that it will improve it and turn it into a brick structure.
4
posted on
12/09/2019 10:57:52 AM PST
by
brownsfan
(Behold, the power of government cheese.)
To: karpov
5
posted on
12/09/2019 10:58:07 AM PST
by
Grampa Dave
(Lincoln: "The Founders did not make America racist or slaver. They inherited it, that way!")
To: karpov
If money is so evil, why do they always want more of it?......................
6
posted on
12/09/2019 10:58:35 AM PST
by
Red Badger
(Against stupidity the gods themselves contend in vain............)
To: Grampa Dave
7
posted on
12/09/2019 10:59:10 AM PST
by
trisham
(Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
To: karpov
Does Warren not understand that people will always invest their money more competently than will government?
8
posted on
12/09/2019 10:59:11 AM PST
by
BenLurkin
(The above is not a statement of fact. It is either opinion or satire. Or both.)
To: karpov
And the devil lies again.
To: a fool in paradise
We have better democrats, now.
10
posted on
12/09/2019 11:00:35 AM PST
by
gundog
( Hail to the Chief, bitches!)
To: karpov
The headline alone demonstrates stupidity gone to seed! Never in history has a tax increase ever sped up an economy! How can anyone imagine making anything healthier, by choking it?!
11
posted on
12/09/2019 11:00:47 AM PST
by
Tucker39
("It is impossible to rightly govern a nation without God and the Bible." George Washington)
To: karpov
“Let the money stay in the rich and it will just sit around gathering interest in a trust fund, yadda yadda.
Spread it around the poor and they’ll spend it on things they need, stimulating the economy, yadda yadda.”
Nothing new year. The Left has been peddling that same old broken record for decades.
12
posted on
12/09/2019 11:00:53 AM PST
by
Buckeye McFrog
(Patrick Henry would have been an anti-vaxxer)
To: a fool in paradise
And 50k a year makes you a millionaire in 20 years.... So you are a millionaire...
To: karpov
I think the reasoning is along the lines of, “We need (illegal) immigrants to boost the economy,” but we need the tax funds to pay for their welfare and educational benefits.
Riiiiight.
To: karpov
Do they have any historic examples to prove their theory? There are many of them to prove the opposite!
15
posted on
12/09/2019 11:01:53 AM PST
by
Real Cynic No More
(Make America Great. Prosecute Dems who break the law!)
To: karpov
You know what else would live up poor people and the middle class? Put a moritorium on immigration, deport the illegals and keep the fed gov out of the economy... and watch what would happen to labor rates ... as if by magic.
16
posted on
12/09/2019 11:02:05 AM PST
by
willyd
(I for one welcome our NSA overlords)
To: a fool in paradise
> Hasnt worked before. <
Yep. But remember that old socialist line: This time it will be different.
Now heres the thing. Different there can mean different, and worse.
17
posted on
12/09/2019 11:02:52 AM PST
by
Leaning Right
( I have already previewed or do not wish to preview this composition.)
To: Red Badger
"If money is so evil, why do they always want more of it?.................." Your comment stands on it own.
18
posted on
12/09/2019 11:03:12 AM PST
by
wildcard_redneck
(If the Trump Administration doesn't prosecute the coup plotters he loses the election in 2020)
To: karpov
The more people are taxed, the less money they have.
The less money they have, the less they can spend and the less they can invest.
Whoever then claims that more taxes taken by the government, the worse the economy gets!
This is simple math, that even a 6 year old can understand;but obviously, lefty adults are incapable of understanding.
To: karpov
Right we can reduce smoking by raising taxes on tobacco but taxing income will increase economic activity?
A person has to be totally brain dead to be a member of the current Democrat Fascist Party
20
posted on
12/09/2019 11:04:38 AM PST
by
MNJohnnie
(They would have to abandon leftism to achieve sanity. Freeper Olog-hai)
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