Why do Republicans continue to lie about Trickle Down neo-liberal economics?

A

Amadeus

Verified User
More importantly, why does the Republican base (and yes, even the Democratic base) continue to buy into it? This will be what -- the third time? -- trying massive tax cuts. They don't pay for themselves, and thus balloon the debt. They didn't work under Lord Raygun, they didn't work under Bush, and they're not going to work under Trump. All they do is increase the wealth disparity between the rich and the poor (formerly the middle class).

Any theories on why the people are stupid enough to believe that tax cuts for the super rich will generate wealth for the middle class and below? I laugh at the pittance that the middle class will receive under these tax cuts.
 
They worked great under Reagan. Take a look at GDP growth then compared to today.

The issue is politicians choose not to cut spending.
 
Money is power.

When all the money is at the top of the food chain, we get Donald dump for president.

When people stop believing that tax cuts put money in their pockets we can then begin real reform.

By real reform, I mean the wealthy paying all the back taxes they owe since Reagan.

They, racist white wing republican men have been stealing from this country and blaming Blacks for it for so long, its a wonder if white American will ever see it or believe it.
 
Amadeus said:
More importantly, why does the Republican base (and yes, even the Democratic base) continue to buy into it? This will be what -- the third time? -- trying massive tax cuts. They don't pay for themselves, and thus balloon the debt. They didn't work under Lord Raygun, they didn't work under Bush, and they're not going to work under Trump. All they do is increase the wealth disparity between the rich and the poor (formerly the middle class).

Any theories on why the people are stupid enough to believe that tax cuts for the super rich will generate wealth for the middle class and below? I laugh at the pittance that the middle class will receive under these tax cuts.
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a married couple who make $54,000 a year will have a $24,000 itemized deduction, $6000 in exemptions for a net taxable income of $24.000 at a taxable rate of 0%......what is the disparity ratio between "you don't pay no income taxes" and whatever rate the rich pay?.......(facts are so fucking inconvenient)......
 
TTQ64 said:
Money is power.

When all the money is at the top of the food chain, we get Donald dump for president.

When people stop believing that tax cuts put money in their pockets we can then begin real reform.

By real reform, I mean the wealthy paying all the back taxes they owe since Reagan.

They, racist white wing republican men have been stealing from this country and blaming Blacks for it for so long, its a wonder if white American will ever see it or believe it.
Click to expand...

did you know that rich black people have to pay a higher tax rate than rich white people?.....
 
Amadeus said:
More importantly, why does the Republican base (and yes, even the Democratic base) continue to buy into it? This will be what -- the third time? -- trying massive tax cuts. They don't pay for themselves, and thus balloon the debt. They didn't work under Lord Raygun, they didn't work under Bush, and they're not going to work under Trump. All they do is increase the wealth disparity between the rich and the poor (formerly the middle class).

Any theories on why the people are stupid enough to believe that tax cuts for the super rich will generate wealth for the middle class and below? I laugh at the pittance that the middle class will receive under these tax cuts.
Click to expand...

Didn’t B Hussein Yobabymama raise taxes? Did income inequality go down?

BTW I don’t care about income inequality
 
Amadeus said:
More importantly, why does the Republican base (and yes, even the Democratic base) continue to buy into it? This will be what -- the third time? -- trying massive tax cuts. They don't pay for themselves, and thus balloon the debt. They didn't work under Lord Raygun, they didn't work under Bush, and they're not going to work under Trump. All they do is increase the wealth disparity between the rich and the poor (formerly the middle class).

Any theories on why the people are stupid enough to believe that tax cuts for the super rich will generate wealth for the middle class and below? I laugh at the pittance that the middle class will receive under these tax cuts.
Click to expand...

The ONLY policy the right cares about - and I mean the people in charge - is moving to plutocracy. That's it. Everything else they do is to get power to do it, including pandering to voters to get votes for power. Let that sink in.

Knowing that, it makes since they'll use any snake oil they can to sell plutocracy. Leaving why voters fall for it, which in a word is ignorance - met by the propaganda and advertising machine of the right to push the con. They fall for it.
 
TTQ64 said:
Money is power.

When all the money is at the top of the food chain, we get Donald dump for president.

When people stop believing that tax cuts put money in their pockets we can then begin real reform.

By real reform, I mean the wealthy paying all the back taxes they owe since Reagan.

They, racist white wing republican men have been stealing from this country and blaming Blacks for it for so long, its a wonder if white American will ever see it or believe it.
Click to expand...

Spot on.
 
Craig234 said:
The ONLY policy the right cares about - and I mean the people in charge - is moving to plutocracy. That's it. Everything else they do is to get power to do it, including pandering to voters to get votes for power. Let that sink in.

Knowing that, it makes since they'll use any snake oil they can to sell plutocracy. Leaving why voters fall for it, which in a word is ignorance - met by the propaganda and advertising machine of the right to push the con. They fall for it.
Click to expand...

Any recommendations on how we can import the Californian economic model to the country as a whole to have extreme wealth along with the highest poverty rate?
 
cawacko said:
As a liberal are going to lead and pay your back taxes since the '80's?
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As a progressive and an American I am happy to pay fair taxes for the good of the country - that's actual patriotism, not boycotting the NFL because players protest.
 
Craig234 said:
As a progressive and an American I am happy to pay fair taxes for the good of the country - that's actual patriotism, not boycotting the NFL because players protest.
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I have no clue what the second portion of your statement has to do with anything but you liked her comment that white people should pay back taxes going back to the '80's. So you owe about 30 - 35 years of taxes which for most people would be their entire net worth. You going to step up and pay that?
 
cawacko said:
Any recommendations on how we can import the Californian economic model to the country as a whole to have extreme wealth along with the highest poverty rate?
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California's not the problem, it's more the solution though we need to do more to reduce poverty. Republicans are fighting only for plutocracy. California does have right-wing areas pulling it down but mostly it's great.
 
cawacko said:
I have no clue what the second portion of your statement has to do with anything but you liked her comment that white people should pay back taxes going back to the '80's. So you owe about 30 - 35 years of taxes which for most people would be their entire net worth. You going to step up and pay that?
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Like I said, I'm happy to pay fair taxes. It's not practical to ask people to come up with 30 years of taxes at once, but we should roll back tax rates to pre-Reagan and perhaps temporarily increase them a bit to get back to more equality.

There's nothing better our country can do than to restore our more balanced tax rates and lower inequality and increase investments in the country following a democratic (small and large d) public-interest agenda like infrastructure and education.
 
Craig234 said:
California's not the problem, it's more the solution though we need to do more to reduce poverty. Republicans are fighting only for plutocracy. California does have right-wing areas pulling it down but mostly it's great.
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Highest poverty rate in the country and huge economic inequality. That's the goal nation wide?
 
Craig234 said:
Like I said, I'm happy to pay fair taxes. It's not practical to ask people to come up with 30 years of taxes at once, but we should roll back tax rates to pre-Reagan and perhaps temporarily increase them a bit to get back to more equality.

There's nothing better our country can do than to restore our more balanced tax rates and lower inequality and increase investments in the country following a democratic (small and large d) public-interest agenda like infrastructure and education.
Click to expand...

That's her belief which she has stated a handful of times and you just gave the thumbs up too. You are correct it's not feasible or practical.
 
No. CA has a lot more good than bad, and the good is the national goal - not our right-wing areas or the poverty that exists. We're the wealthiest state in the nation, leading in key industries from tech to entertainment to being the top agricultural state and a top dairy state. It's why our economy is bigger per capita than other states', dwarfing red states to whom we subsidize with our tax dollars for their poor, while our state has people with healthcare unlike red states. Overall we're doing great.
 
cawacko said:
That's her belief which she has stated a handful of times and you just gave the thumbs up too. You are correct it's not feasible or practical.
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I'm referring to paying the higher tax rates from before Reagan. If she means to pay all the difference now at once - no, I don't think that's close to practical or a good idea.
 
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