I feel much better now. LOLIf tax rates are cut, history has proven over and over again that revenues increase. No I'm not kidding, I'm stating fact. Anything else?
In other words, high tax rates that many people avoid paying do not necessarily bring in as much revenue to the government as lower tax rates that more people are in fact paying, when these lower tax rates make it safe to invest their money where they can get a higher rate of return in the economy than they get from tax-exempt securities. The facts are plain: There were 206 people who reported annual taxable incomes of one million dollars or more in 1916. But, as the tax rates rose, that number fell drastically, to just 21 people by 1921. Then, after a series of tax rate cuts during the 1920s, the number of individuals reporting taxable incomes of a million dollars or more rose again to 207 by 1925.25 Under these conditions, it should not be surprising that the government collected more tax revenue after tax rates were cut. Nor is it surprising that, with increased economic activity following the shift of vast sums of money from tax shelters into the productive economy, the annual unemployment rate from 1925 through 1928 ranged from a high of 4.2 percent to a low of 1.8 percent.26
FACT
He has issues ... let’s try ant get him upset.DIDO
Thanks for 9 more red x's, a red x from you equals a winner to me. That's new math. Are you afraid to open your damn mouth?
ReallyCopied straight from the Heritage Foundation. Not fact at all.
Me too.... just fighting their class or income envy though, the losers unite club. The "kick a better off than me" club.I feel much better now. LOL
DIDO
Thanks for 9 more red x's, a red x from you equals a winner to me. That's new math. Are you afraid to open your damn mouth?
Here’s the problem...
You post an article that rips ‘trickle-down’ economics, then you post stuff like this that seems to support the trickle-down.
You have to be able to comprehend what you are reading, (you don't) not read into it what you want it to say.
I like to get them from these clowns, When they agree with me, I've failed miserably.dude stop hogging red X's.
Link, or you’re lyingReally
U.S. Bureau of the Census, Historical Statistics of the United States: Colonial Times to 1970 (Washington: Government Printing Office, 1975), Part 1, p. 126.eally. You're wrong once again. Nice try though
Link or not, it's the truth. But her you go little buddy. tsowell.com/images/Hoover%20Proof.pdfLink, or you’re lying
You and @bbsam who gave you the Winner badge don't read well, the RED word above kinda changes what you wanted it to say.From your post:
"Sowell states that "no such theory has been found in even the most voluminous and learned histories of economic theories." That's from a scholar who has published extensively in the history of economic thought. Several years ago, Sowell, in his syndicated column, challenged anyone to name an economist from any economic school of thought who had actually advocated a "trickle down" theory. To date, no one has quoted any economist who ever advocated such a theory. Trickle down is a nonexistent theory. Those who use it simply argue against a caricature rather than confront an argument actually made."
"Despite the facts that Sowell has marshaled, they will continue to use trickle down theory and "tax cuts for the rich" demagoguery, even though they now have hard evidence to the contrary, because they can count on widespread gullibility and inability to do critical thinking..."
Maybe you're the one who didn't read it.
Good job, smh, give all your money to the government, ward off the next crash.Tax cuts, boom, bubble, crash.
That's the history of tax cuts.
FACT
I've gotta disagree with that, he's already upset, and well past issues. Doesn't have balls enough to make a stand in writing, so he hides behind a red X. It's coming soon (the x), such a pussX.He has issues ... let’s try ant get him upset.
I'm gonna build an addition with them.dude stop hogging red X's.
Less than 3 minutes, the can follow me around as much as he likes, here kitty, kitty, kitty, got that dido, pussx.I've gotta disagree with that, he's already upset, and well past issues. Doesn't have balls enough to make a stand in writing, so he hides behind a red X. It's coming soon (the x), such a pussX.
Which was it clown?Link, or you’re lying