bigfoot21075
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Let's see if it bring a tingle up Chris Mathew's leg
Right after Nancy, Chuck, Schiff and Nadler finish their prison terms for treasonWhen’s trump up for war crimes ?
Right after Obama for when he executed an American Citizen with no trial, hearing or representation at all. Or after Hillary and her self sponsored proxy war in Yemen, or after she sold Russia 20% of our uranium in exchange for a $150,000,000 donation to the Clinton Crime Syndicate and a $500,00 speaking fee for Slick Willy..... Ooops, my mistake, that last one was just treason, not a war crime.When’s trump up for war crimes ?
Asher Edleman the Bernie SOCIALIST??????? THAT explains a LOT!!!!Yeah, I prefer people who understand the concept of velocity of money.
Asher Edelman, understands that the rich are hoarding, not investing in the economy. That hoarding consists of refusal to pay a livable wage to many, which in turn allows less consumer spending. The working and middle class spend 100% of their incomes while the wealthiest spend 5% or less and that leaves growth stagnant. Trickle down economics has never worked for us. We've proven this time and time again that giving rich people money and telling everyone they'll spread it around has never happened. The flip side, increasing wages and spending money on the people who literally spend their entire income is a fundamental fact that it stimulates the economy and is somehow a radical idea.
You have to understand, some people have never worked in the real world (like Bernie Sanders) and think money grows on trees. There is a never ending supply and when you run out of it, just raise taxes and it magically appears.Asher Edleman the Bernie SOCIALIST??????? THAT explains a LOT!!!!
https://news.artnet.com/art-world/asher-edelman-gordon-gekko-endorses-sanders-447437
It's amazing to me how government revenues usually INCREASE when taxes are cut due to businesses doing better, but then many politicians think they will increase revenues by raising taxes. Either they haven't studied economics and history, or they don't care.You have to understand, some people have never worked in the real world (like Bernie Sanders) and think money grows on trees. There is a never ending supply and when you run out of it, just raise taxes and it magically appears.
This is called the Laffer Curve. Basically, increasing tax rates would increase revenue up to a certain point then it would produce diminishing returns. The theory is that decreasing tax rates would spur growth and increase revenue after that peak was hit. Best way to think of it is as a bell curve with tax rates on the bottom and revenue on the side. At a rate of 0 and 100 there will be no revenue. Obviously, it will vary with some sweet spots in-between that will maximize revenue but there are many factors. The problem is people treat this as linear in which lower tax rates = higher revenue.It's amazing to me how government revenues usually INCREASE when taxes are cut due to businesses doing better, but then many politicians think they will increase revenues by raising taxes. Either they haven't studied economics and history, or they don't care.
CBO studies are laughable. The swamp at work.This is called the Laffer Curve. Basically, increasing tax rates would increase revenue up to a certain point then it would produce diminishing returns. The theory is that decreasing tax rates would spur growth and increase revenue after that peak was hit. Best way to think of it is as a bell curve with tax rates on the bottom and revenue on the side. At a rate of 0 and 100 there will be no revenue. Obviously, it will vary with some sweet spots in-between that will maximize revenue but there are many factors. The problem is people treat this as linear in which lower tax rates = higher revenue.
The CBO did an analysis of the effects of income tax rates on the budget. Rates had a negligible affect except that lowering rates lowered revenue, which impacted our budget. Evidence showed lower rates stimulated the economy enough to offset reduced revenue was virtually nonexistent.
Who hasn't studied economics or history?
Coming from the guy who doesn't know what a Ponzi scheme is, lol. I'm sure you loved the CBO when they challenged Clinton and Obama tho. Both Republicans and Democrats in congress have used it to assert congressional authority over presidential overreach and removal of the CBO would weaken congress and their ability to challenge policy proposals. Fact is you don't like anything you disagree with.CBO studies are laughable. The swamp at work.