We all would. But it has nothing to do with this discussion.
It has a lot to do with people who argue the rich pay too many taxes and ignore how much income they take.
We all would. But it has nothing to do with this discussion.
Flawed premise. We can cap the pay of those people by refusing to purchase those products.Fuck you, you little socialist authoritarian dictator.
You wanna cap the pay of movie stars, athletes, fashion designers, Zuckerberger, Buffet, Soros, Obama, Clinton and Gates too?![]()
The argument is for handing huge tax breaks to the wealthiest, to the detriment of the middle class...solely because they fund start ups. (They don't).What makes you think there won't be demand?
Which gave birth to many of the gimmicks that crashed the economy. People devised ways to get rich quick on Wall St, instead of investing for the long term on start ups.
There are multiple factors, and the Fed is only one. Low tax rates on the rich affect inequality greatly.
Hah! I've been on other boards with Big Dog for a lot of years. For some reason, I keep him around so I can get the feel for the mentality in Appalachia. Often to my own detriment.Althea, did I just get my ignore list closer to yours when I added bigdog?
It has a lot to do with people who argue the rich pay too many taxes and ignore how much income they take.

What crash of 2000? The .com bubble bursting led to the start of the recession, exacerbated by Bush's tax cuts and increased spending. The market tanked after 9/11, which was not due to any real policy failures at that moment.Which time? The economic collapse in 2000-2002 was due to the panic over y2k. Add in the irrational exuberance Greenspan mentioned with regards to the nonsense of 'its a new economy, earnings don't matter' and we had the bubble burst. (obviously 9/11 prolonged the downturn).
2008 was largely driven by the incessant need of politicians to 'get more homeowners than ever before' and the repeal of Glass Steagall. Both Clinton and Bush contributed to the home ownership and we all know Clinton, along with the Rep Congress, killed Glass Steagall. That, not the cap gains tax cuts, led to the 2008 downturn.
All that said, your comment has NOTHING to do with the FACT that Clintons dropping of the cap gains tax rate was a massive give away to the RICH. The exact opposite of what the poster I responded to was pretending.
Hah! I've been on other boards with Big Dog for a lot of years. For some reason, I keep him around so I can get the feel for the mentality in Appalachia. Often to my own detriment.
and the biggest giveaway to the rich was done by Clinton.
The argument is for handing huge tax breaks to the wealthiest, to the detriment of the middle class...solely because they fund start ups. (They don't).
If the middle class has no income, there won't be any demand. Wanna jump start the economy? Put those huge tax savings ($5k-$10k/year) into the hands of the middle class. The money gets spent, and ends up in the hands of the wealthy anyway.
Just because you didn't see me, doesn't mean I didn't see youI luv exposing your racial hatred of Whites. And I never saw you until a few months ago when I joined JPP.
You see, in liberal lalaland, racial hatred of whites is pc! ... they call it identity politics instead of the racism and bigotry against whites, Christians, and masculinity that is at its core.
Flawed premise. We can cap the pay of those people by refusing to purchase those products.
Not so for insurance CEOs, Big Pharma CEOs, Big Oil CEOs, etc.
Just because you didn't see me, doesn't mean I didn't see you
Time passes...was it you who used a Salinger avatar 'back in the day'?
I hate and am ashamed of whites like him, they give the rest of us a bad name.Just because you didn't see me, doesn't mean I didn't see you
Time passes...was it you who used a Salinger avatar 'back in the day'?
Incorrect on all counts. Average family gets $1000/year, and the wealthy get billions. AMT will be gone...saving trump millions per year.Again... pretending that this is a huge tax break to the rich is precisely why you are being called out for being dishonest.
The increase in standard deduction and the increase in the lower tax brackets will greatly benefit the low and middle income families. Putting more money in their pockets that they can in turn spend. (and they will spend it) You increase the standard deduction from $6k to $12k... that is 2-3 grand per family right there.
Under current law, the 15% bracket starts at just under $31k for a married couple (assuming they both use standard deduction). Under the proposal from the House, the 12% bracket would extend to $90k for a married couple (again assuming the new standard deduction of $24k is used). That is roughly another $1800 in that families pockets.
The nonsense that liberals spew forth every time there is a tax cut is that it is just hand outs to the wealthy is nonsense.
Add in the corporate tax cut (one of the most regressive taxes we have) and you have yet more benefit to the lower and middle income families.
Ya, I remember all those Republicans voting against it... oh wait, 1 of 51 'no' votes was a Republican... and all those Democrats for the Bush tax for the rich, and for keeping them when they expired... uh, no, Republicans are the pro-plutocracy party.
Typical of socialism 
which is exactly What trump is trying to do ignoramus.The argument is for handing huge tax breaks to the wealthiest, to the detriment of the middle class...solely because they fund start ups. (They don't).
If the middle class has no income, there won't be any demand. Wanna jump start the economy? Put those huge tax savings ($5k-$10k/year) into the hands of the middle class. The money gets spent, and ends up in the hands of the wealthy anyway.
No other President would have been elected if he didn't show his taxes.
The GOPigs already knew they were going to steal the election from the American people.
This entire illegal Presidency is a sham. People need to stop treating it as if it's legit.