errantgeek
Posts: 156
Joined: 6/20/2011 Status: offline
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quote:
ORIGINAL: mnottertail I don't see that, people are hurting now, want this shit fixed now, this is not going to be an implied if you vote for me today, I will fix this next session, having not fixed it this one. Yeah, but that's the thing. The GOP won't fix the economy if they end up in power, they'll just end up putting the government further in corporate pockets and stacking the political and legal deck. Tell the American populace they're unleashing the market and ensuring free trade, et cetera. quote:
Too bad think progress uses the same coverup as all the leftie idealogues. Tax RATES dont reflect EFFECTIVE taxes after changes in deductions, credits etc. I would love for you to explain this. Despite consistent marginal and effective tax cuts over the last 60 years, federal revenue has maintained a slightly downward trend that drops sharply in 2001 (Bush tax cut 1)with a marginal increase between 2003-7. Meanwhile, income taxes show a slightly upward trend until 2001 and again, drops sharply with the same marginal increase between 2003-7. Corporate taxes, on the other hand, show a continual downward trend through the entire period. Face it, you can't bullshit your way out of this with the Laffer curve. Your very own thought experiment demonstrates at the very least the Bush tax cuts amount to undertaxation. Yet, the GOP still vehemently argues America is overtaxed in direct contradiction of its own underlying economic theory.
< Message edited by errantgeek -- 6/30/2011 10:20:53 AM >
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