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  1. #51
    Thailand Expat Farangrakthai's Avatar
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    Quote Originally Posted by harrybarracuda View Post
    If you look historically, the greatest economic growth comes when tax is at its highest.
    ok: you are snaff.

    go on then, harry:

    when was the us growth the highest while the tax was the highest?

  2. #52
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    Quote Originally Posted by Farangrakthai View Post
    ok: you are snaff.

    go on then, harry:

    when was the us growth the highest while the tax was the highest?
    Can you not fucking read graphs then?

  3. #53
    Thailand Expat tomcat's Avatar
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    Quote Originally Posted by harrybarracuda View Post
    Can you not fucking read graphs then?
    I assume this is rhetorical...

  4. #54
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    Quote Originally Posted by Farangrakthai View Post
    my point is that business tax cuts will boost the economy and help the chances for republicans in the next election
    You would be a fucking idiot to think so. The whole fallacy of trickle down is that by cutting taxes on business they will have more money to invest in expanding thereby creating jobs. The problem with that is that corporations have been raking in record profits for well over a decade now. So in theory they should have been already that being that they are already flush with cash.

    Instead they have been buying back stock to inflate their share prices rather than creating jobs. It will be no different with a tax cut. This is just a money grab for the super rich.

    BTW the economy is already healthy and growing thanks to Obama.

    Quote Originally Posted by Farangrakthai View Post
    when was the us growth the highest while the tax was the highest?
    During the Eisenhower administration. The rich were taxed at 91% and the middle class was the strongest in American history and the quality of life was as well.
    Last edited by bsnub; 15-11-2017 at 10:58 AM.

  5. #55
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    Quote Originally Posted by Farangrakthai View Post
    midterms are usually a "yay" or "nay" on the president, which is why republicans did so well after 2 years of obama (negative campaigning works well in mid-terms).
    The party not in the Executive historically almost always gains seat in the House and Senate in the mid-terms.

    It's like clockwork.

  6. #56
    Thailand Expat Farangrakthai's Avatar
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    Quote Originally Posted by harrybarracuda View Post
    Can you not fucking read graphs then?
    why do you think trillions of cash belonging to u.s corporations are parked off-shore then?

    anyways, harry: if/when corporate tax rates and small business tax rates are lowered and then the gdp rises higher than obama could have dreamed of,

    trump (former obama) supporters in the rust belt won't be looking at your chart in 2020.


  7. #57
    I am not in Jail AntRobertson's Avatar
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    Quote Originally Posted by bsnub
    You would be a fucking idiot to think so. The whole fallacy of trickle down is that by cutting taxes on business they will have more money to invest in expanding thereby creating jobs. The problem with that is that corporations have been raking in record profits for well over a decade now. So in theory they should have been already that being that they are already flush with cash.
    Trickle down must meet the definition of insanity by this stage: repeating the same thing over and over and expecting different results.

  8. #58
    Thailand Expat Farangrakthai's Avatar
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    Quote Originally Posted by AntRobertson View Post
    Trickle down must meet the definition of insanity by this stage: repeating the same thing over and over and expecting different results.
    as usual, you're misinformed, ant: trickle down means cutting the tax rate on the highest earners and then the benefits will trickle down in the economy to the middle class, etc.

    the only problem with your theory that this republican tax reform plan is "trickle down" is that the top rate is not reduced.

    take a moment to read more than just the headlines, ant.




    House Republicans plan to keep 39.6 percent top rate, but other key details unresolved

    House Republicans plan to keep 39.6 percent top rate

    The plan would keep the current top individual tax rate on very high incomes, according to one person who attended a meeting with House Speaker Paul Ryan on the tax plan Wednesday. The Republican framework agreed to with the Trump administration allowed for the possibility of the tax-writing committees keeping the top rate in place to raise revenue for the package and to limit tax cuts for high-earners.

  9. #59
    I am not in Jail AntRobertson's Avatar
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    The only problem with your post is that it has nothing to do with mine and the post it was in response to.

  10. #60
    Thailand Expat Farangrakthai's Avatar
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    Quote Originally Posted by AntRobertson View Post
    The only problem with your post is that it has nothing to do with mine and the post it was in response to.
    that's right because corporate rates aren't part of "trickle down economics", are they?

  11. #61
    I am not in Jail AntRobertson's Avatar
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    Go back; read the quoted portion of the text; read my response to it; try again.

  12. #62
    Thailand Expat Farangrakthai's Avatar
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    Ok, you are inventing a new definition of trickle down economics.

    As you were.

  13. #63
    I am not in Jail AntRobertson's Avatar
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    ...or just keep on chasing yourself down your own rabbit-hole.

  14. #64
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    Quote Originally Posted by Farangrakthai View Post
    that's right because corporate rates aren't part of "trickle down economics", are they?
    Of course they are you utter spastic. Your stupidity boggles the mind.

  15. #65
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    Quote Originally Posted by Farangrakthai View Post
    why do you think trillions of cash belonging to u.s corporations are parked off-shore then?
    To avoid paying as much tax as possible, you dick.

    They are inherently greedy, it's their job.


    anyways, harry: if/when corporate tax rates and small business tax rates are lowered and then the gdp rises higher than obama could have dreamed of,

    trump (former obama) supporters in the rust belt won't be looking at your chart in 2020.


    You sound exactly like a Trumpanzee who believes this shit.

    History on the other hand tells us that Republicans are at best bad for the economy and at worst a complete fucking disaster.

    Attached Images Attached Images

  16. #66
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    This is about the mid-term elections, Harry. Now, your showing graphs of red and blue Presidents.

  17. #67
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    They just can't help themselves. (Although they are trying to!).

    Senate Republican leaders moved Tuesday to include a repeal of the Affordable Care Act’s individual mandate in their tax bill, a major change of strategy as they try to accomplish two of their top domestic priorities in a single piece of legislation.
    They also announced that the individual tax cuts in the plan would be made temporary, expiring at the end of 2025 to comply with Senate rules limiting the impact of legislation on the long-term deficit. A corporate tax cut, reducing the rate from 35 to 20 percent, would be left permanent.
    The changes introduce volatile variables into what was already a challenging political enterprise for Republicans. And it’s unclear whether they will help or hurt the bill’s chances.
    https://www.washingtonpost.com/busin...74d_story.html

  18. #68
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    ^ Yes, repealing the Obamacare individual tax mandate is in the tax bill.

    I'd like to see polling data on what the voters think.

  19. #69
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    Quote Originally Posted by Grampa View Post
    This is about the mid-term elections, Harry. Now, your showing graphs of red and blue Presidents.
    The topic is the tax bill and its effects CP.

    If you can't keep up, shut up.

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