Why tax cuts don't create business growth.

Discussion in 'Political Opinions & Beliefs' started by ImNotOliver, Jan 1, 2018.

  1. Windigo

    Windigo Banned

    Joined:
    Jul 8, 2008
    Messages:
    15,026
    Likes Received:
    1,139
    Trophy Points:
    113
    Bull! Your posts in this thread show a total ignorance of basic tax law. You don't have a company.
     
  2. ImNotOliver

    ImNotOliver Well-Known Member

    Joined:
    Mar 29, 2014
    Messages:
    14,692
    Likes Received:
    6,643
    Trophy Points:
    113
    Actually not. We could be having an intelligent conversation but you seem to be stuck in everyone on the left is a socialist silliness. Go ahead and have that ignorant conversation with yourself.
     
  3. ImNotOliver

    ImNotOliver Well-Known Member

    Joined:
    Mar 29, 2014
    Messages:
    14,692
    Likes Received:
    6,643
    Trophy Points:
    113
    Apparently you are incapable of a counter argument. But then that has always been the case.
     
  4. Baff

    Baff Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    9,641
    Likes Received:
    2,003
    Trophy Points:
    113
    Great.
    More money for no extra work.

    That is an increased incentive to work.
    An increased incentive to invest.
     
  5. navigator2

    navigator2 Banned

    Joined:
    Nov 14, 2016
    Messages:
    13,960
    Likes Received:
    9,411
    Trophy Points:
    113
    You continue to spout leftist drivel such as "corporate taxes don't run off domestic companies abroad", "more money in my pocket disincentivizes production",and "progressive taxes equalizes society", it does not.
    Corporations are really pass through shells to which distributions to owners, investors, and employees are made. The less they are taxed, the more those are enriched. Investors and employees spend these funds directly into the economy, fueling more growth and more tax dollars to the federal coffers. There is nothing intelligent about your ruse.
     
    JakeJ and Hoosier8 like this.
  6. JakeJ

    JakeJ Well-Known Member Past Donor

    Joined:
    May 5, 2015
    Messages:
    27,360
    Likes Received:
    8,062
    Trophy Points:
    113
    That's nonsensical as the total costs of the guitars does not even come close to the value of the tax deduction.

    Only an idiot spends $1 for the purpose of saving 38 cents.
     
    navigator2 likes this.
  7. ImNotOliver

    ImNotOliver Well-Known Member

    Joined:
    Mar 29, 2014
    Messages:
    14,692
    Likes Received:
    6,643
    Trophy Points:
    113
    I wonder why it is that whenever I look into the economic data supplied by the US government that it always disagrees with conservative claims. It might be that conservative economic ideology is so out of whack with reality that conservatives have to lie to support it?
     
  8. navigator2

    navigator2 Banned

    Joined:
    Nov 14, 2016
    Messages:
    13,960
    Likes Received:
    9,411
    Trophy Points:
    113
    Unless they really love smashing guitars on stage. :grin:
     
    JakeJ likes this.
  9. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,390
    Likes Received:
    37,754
    Trophy Points:
    113
    Well then I suppose you have made a point that they "Must" be hypocrites by this very admission :)
     
  10. ImNotOliver

    ImNotOliver Well-Known Member

    Joined:
    Mar 29, 2014
    Messages:
    14,692
    Likes Received:
    6,643
    Trophy Points:
    113
    The point being if my company pays less taxes, I make more money with no more effort. Why would I work harder?
     
  11. navigator2

    navigator2 Banned

    Joined:
    Nov 14, 2016
    Messages:
    13,960
    Likes Received:
    9,411
    Trophy Points:
    113
    I'm always amused that Warren Buffet is a big mouthed lib who whines his tax rates are too low. Funny, IRS auditors were in Bershire's offices for about 8 years and slapped them with 1 billion in back taxes.
    Dilly dilly!! :roflol:
     
  12. navigator2

    navigator2 Banned

    Joined:
    Nov 14, 2016
    Messages:
    13,960
    Likes Received:
    9,411
    Trophy Points:
    113
    Because your wife is spending every penny you saved from the cuts. :p (pun intended, she's pumping up the economy)
     
  13. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,390
    Likes Received:
    37,754
    Trophy Points:
    113
    The best part is, from time to time the left allow themselves to slip up stating fakes and facts and yet they "STILL" follow them blindly ;)

    Dilly DILLY!
     
    Last edited: Jan 16, 2018
    navigator2 likes this.
  14. ImNotOliver

    ImNotOliver Well-Known Member

    Joined:
    Mar 29, 2014
    Messages:
    14,692
    Likes Received:
    6,643
    Trophy Points:
    113
    One of the lies conservatives like to tell is that all the rich people are Republicans. Yet when one looks into it one finds at least half lean liberal.


    Conservatives also like to lie that everyone on the left is a socialist.

    It isn't that people on the left are hypocrites. It is more that conservatives like to make up their own facts, which explains the confusion of conservatives.
     
  15. navigator2

    navigator2 Banned

    Joined:
    Nov 14, 2016
    Messages:
    13,960
    Likes Received:
    9,411
    Trophy Points:
    113
    The sound of Buffet just whooshed right over your head. Shocked I say. Shocked!!!! :eek:
     
  16. Sanskrit

    Sanskrit Well-Known Member

    Joined:
    Feb 12, 2014
    Messages:
    17,082
    Likes Received:
    6,711
    Trophy Points:
    113
    It's possible that their "business" is a government contractor, not a legitimate private sector business. As long as the "contractor" part of the gov-edu-union-contractor-grantee-trial lawyer-MSM Complex can keep selling $4 plastic forks and 10,000 other ripoffs of the taxpayer, they really don't care what the tax rate is, they will still come out on top of the scam. Government contracting has grown at least 500% and likely much more since the 1980s. More taxes just means a bigger prospective trough.

    They will never admit this, but instead make all kinds of nonsense claims about tax policy, rates, private sector business, the rich, the poor, the middle class, and other miscellaneous hokum. See OP's posts in this thread and elsewhere for examples.
     
    Last edited: Jan 16, 2018
  17. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,390
    Likes Received:
    37,754
    Trophy Points:
    113
    Leftist work ethics 101 :) Not bad really, generally it's "Why would I work" if I can draw <insert social program here> LMFAO.
     
    navigator2 likes this.
  18. ImNotOliver

    ImNotOliver Well-Known Member

    Joined:
    Mar 29, 2014
    Messages:
    14,692
    Likes Received:
    6,643
    Trophy Points:
    113
    I'll have to have fun with you silly conservatives another time. But now I've got a business to run.
     
  19. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,390
    Likes Received:
    37,754
    Trophy Points:
    113
    Actually, everyone knows there are rich liberals, we just get a kick out them telling their lemmings how the "The Rich" are taking advantage of them, and they walk right off the cliff without even giving that a single thought :)

    Eyes wide shut :)
     
    Last edited: Jan 16, 2018
    navigator2 likes this.
  20. Sanskrit

    Sanskrit Well-Known Member

    Joined:
    Feb 12, 2014
    Messages:
    17,082
    Likes Received:
    6,711
    Trophy Points:
    113
    Has time to necro their own two week old dead thread, yet doesn't have time to defend all the inaccurate nonsense they posted in it because "I've got a business to run."

    Yep, leftist. Checks out.
     
    Last edited: Jan 16, 2018
  21. CourtJester

    CourtJester Well-Known Member

    Joined:
    Apr 1, 2013
    Messages:
    27,769
    Likes Received:
    4,921
    Trophy Points:
    113
    That is because it is nonsense. The overwhelming amount of stock, about 80% is owned by the rich.
     
  22. CourtJester

    CourtJester Well-Known Member

    Joined:
    Apr 1, 2013
    Messages:
    27,769
    Likes Received:
    4,921
    Trophy Points:
    113
    Regan increased government spending by 2.5 percent a year as well as tripling the federal debt. Not a strong endorsement of his tax cuts.
     
    Last edited: Jan 16, 2018
  23. Sanskrit

    Sanskrit Well-Known Member

    Joined:
    Feb 12, 2014
    Messages:
    17,082
    Likes Received:
    6,711
    Trophy Points:
    113
    Wrong. 80% of -public- equity, .02% of the companies in the country, may be owned by the rich, but equity in the other 29,995,000 private businesses, 99% of U.S. companies, is most definitely -not- 80% owned by "the rich."

    Pick a less out of context leftist liestat next time if you want to fool anyone with actual business experience.
     
    navigator2 likes this.
  24. Sanskrit

    Sanskrit Well-Known Member

    Joined:
    Feb 12, 2014
    Messages:
    17,082
    Likes Received:
    6,711
    Trophy Points:
    113
    Wrong again. Not surprised. Reagan had a Democrat controlled Congress to deal with, and the 1980s tax reforms were revenue neutral, not just "tax cuts." Moreover, in light of the fact that those reforms were so successful that they have been around through 5 subsequent Administrations without much change made them no longer "his tax cuts" decades ago. They are today, simply and accurately, federal tax policy. Reasonable adults do not call Social Security "FDR's Social Security" or Medicare "LBJ's Medicare." There are no "Reagan tax cuts" and haven't been for many years.
     
    Last edited: Jan 16, 2018
  25. ButterBalls

    ButterBalls Well-Known Member

    Joined:
    Dec 2, 2016
    Messages:
    51,390
    Likes Received:
    37,754
    Trophy Points:
    113
    So then your position is that of damn the 20% in a feeble attempt to ruin the rich, well that's interesting LOLOL
     

Share This Page