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GOP censors non-partisan study about taxes - 11/2/2012 8:46:52 AM   
Fightdirecto


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The Nonpartisan Study On High-Income Tax Cuts The GOP Doesn’t Want You To Read
quote:

The nonpartisan Congressional Research Service (CRS) issued a report in September that showed that CUTTING TAX RATES FOR THE WEALTHIEST AMERICANS DID NOT SPUR ECONOMIC OR JOB GROWTH, refuting a key Republican justification for the party’s continued obsession with maintaining the tax cuts for the wealthy they passed in 2003. But when Senate Republicans aired seemingly minor complaints about it, the agency quietly withdrew the report, even as its economic team advised it to stand firm.

THE REPORT...FOUND THAT TAX CUTS FOR THE RICH SPURRED INCOME INEQUALITY, NOT ECONOMIC GROWTH. “There is not conclusive evidence, however, to substantiate a clear relationship between the 65-year steady reduction in the top tax rates and economic growth,” the report stated. “However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”

The withdrawal came after Republicans like Senate Minority Leader Mitch McConnell (KY) aired minor quibbles about language the report used that he viewed as “politically freighted,” the New York Times reports:

quote:

Senate Republican aides said they protested both the tone of the report and its findings. Aides to Mr. McConnell presented a bill of particulars to the research service that included objections to the use of the term “Bush tax cuts” and the report’s reference to “tax cuts for the rich,” which Republicans contended was politically freighted.


Republicans on the Senate Finance Committee also aired methodological questions about the study, a spokesperson told the New York Times. But a Times source inside the CRS said that the report was pulled even as its top economic team, including the study’s author, stood by its finding. Outside economists, like Vice President Biden’s former adviser Jared Bernstein, said the study was methodologically sound and that the GOP attack on it “sounds to me like a complete political hit job.”

Despite Republican efforts to block the findings of the CRS study, others have shown similar results. Even Republicans have admitted in the past that the Bush tax cuts didn’t spur the job and economic growth the party promised, and if nonpartisan studies aren’t enough, history makes the same case. Since Republicans began instituting supply-side policies under President Reagan, growth has lagged and income inequality has surged as the wealthiest Americans make more money while paying less in taxes.

You must never tell people the truth when the truth conflicts with your propaganda.


_____________________________

"I swore never to be silent whenever and wherever human beings endure suffering and humiliation. We must always take sides. Neutrality helps the oppressor, never the victim. Silence encourages the tormentor, never the tormented.””
- Ellie Wiesel
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RE: GOP censors non-partisan study about taxes - 11/2/2012 8:52:29 AM   
subspaceseven


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Facts?????the GOP cares little about FACTS.....

as no one commented yesterday..hope yours get more comments...Though I'm sure the GOP supporters will choose to be silent like their leader at the moment

http://www.collarchat.com/m_4284798/tm.htm

< Message edited by subspaceseven -- 11/2/2012 8:55:26 AM >

(in reply to Fightdirecto)
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RE: GOP censors non-partisan study about taxes - 11/2/2012 9:24:03 AM   
tj444


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Imo, there are multiple factors that go into job growth.. really rich people look at the world and opportunities around the globe.. if they find better opportunities elsewhere then that is where the jobs will grow.. not to mention, less govt regulation in many other countries, lower taxes in other countries, even tax holidays (like Ireland did), wage rates, education of workers, access to other markets, etc etc.. taxes are one factor, but not the only factor.. btw, for me, govt regulation is a big consideration..

And once an entreprenuer or really rich person sets up business in a different country, imo, they will rarely come back to the headaches of setting up business in the US.. So you have lost those jobs forever, along with future jobs.. the US is finding that out now.. JMO

btw, from what i have seen & read, its small business that has done the job creating in the last 4 years in the US..

Why Can't Chuck Get His Business Off the Ground? http://www.youtube.com/watch?v=YQscE3Xed64&feature=plcp

Can the Government Make Entrepreneurs Do Useless Things For No Reason? http://www.youtube.com/watch?v=aJU8l4SebYA&feature=plcp

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RE: GOP censors non-partisan study about taxes - 11/2/2012 9:29:44 AM   
subspaceseven


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Yea I guess 65 years of FACTS are meaningless

Yea whatever

Facts other than Faux news

The Tax Policy Center paper that sparked this discussion found that Romney's plan couldn't work because his tax rate cuts would provide $86 billion more in tax relief to people making over $200,000 than Romney could recoup by eliminating tax expenditures for that group. That means his plan is necessarily a tax cut for the rich, so if Romney keeps his promise not to grow the deficit, he'll have to raise taxes on the middle class.

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RE: GOP censors non-partisan study about taxes - 11/2/2012 9:35:21 AM   
tj444


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dont vote for him then..

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As Anderson Cooper said “If he (Trump) took a dump on his desk, you would defend it”

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RE: GOP censors non-partisan study about taxes - 11/2/2012 9:39:02 AM   
subspaceseven


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never planned on it, as Obama has done everything to help create jobs while Mitch's (GOP) one goal was to "make him a 1 term President" fuck the people political party is first

yea us..................... fuck them

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RE: GOP censors non-partisan study about taxes - 11/2/2012 12:13:18 PM   
cloudboy


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quote:

You must never tell people the truth when the truth conflicts with your propaganda.


WOW. McConnell is such an asshole. He even looks evil.....

< Message edited by cloudboy -- 11/2/2012 12:15:06 PM >

(in reply to Fightdirecto)
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