In response to:

Fiscal Cliff? Tax the Rich

rightmostofthetime Wrote: Nov 10, 2012 9:08 PM
chicaree wrote: "its simply impossible to continue to cut income (taxes) and expect to crawl out of debt." This, folks, is what we're up against--ignorance. Over half this nation doesn't understand that when you cut tax RATES you increase revenue to the feds. And of course, people like Obama are only too happy to further the ignorance.
yachtsman388 Wrote: Nov 10, 2012 10:06 PM
Just imagine how high revenues would go if you cut RATES to zero!
OBAMA-DRAMA Wrote: Nov 10, 2012 10:28 PM
At ZERO tax rates no taxes would be collected.

Think !!
JFKDem Wrote: Nov 10, 2012 10:28 PM
Yet another simplistic extrapolation. Consider the Laffer curve.

But I guess I better used to 4 more years of Obama straw men: Those that want less govt. want no gov't...those want less regulation means wanting dirty air and water, etc.
rightmostofthetime Wrote: Nov 10, 2012 10:34 PM
Idiots. No one is proposing tax rates go to zero. Nice straw man. Doesn't fly with those who have a brain.
MudontheTires Wrote: Nov 10, 2012 11:12 PM
Just imagine how high revenues would go if you cut RATES to zero!

Hey yahtsman: If the rates were cut to zero, all that free capital might enable even an idiot like you to get a job.
OBAMA-DRAMA Wrote: Nov 10, 2012 10:06 PM
Bill904... It is not possible to any longer apply Reagan and Bush II economics on tax policy and such work. The dynamics of our economy has significantly changed during this decade... dis-enabling that which you propose which had formerly worked for Reagan and Bush II.
rightmostofthetime Wrote: Nov 10, 2012 10:47 PM
"It is not possible to any longer apply Reagan and Bush II economics on tax policy and such work. The dynamics of our economy has significantly changed during this decade... "

And what is your basis for that ridiculous statement? The economy is the economy. Did you learn your silliness in an economics class with an idiot Keynesian prof? No doubt.
OBAMA-DRAMA Wrote: Nov 10, 2012 10:58 PM
Bill904... please learn economic theory and principles. Once you have done so then you can join the chorus of economic scholars who agree with what I noted.
rightmostofthetime Wrote: Nov 10, 2012 11:03 PM
As stated in another post, look up the Dunning-Kruger syndrome. It applies to you.
SpaceVegetable Wrote: Nov 11, 2012 4:16 PM
Theory and reality are two different things. Lots of things work great in theory, but fail miserably in the real world, where life is not all rainbows and unicorns.

Barack Obama wants you to know that the rich are out of control.

And I partially agree. It’s a matter of fairness.

After thinking about it for a few years, he has finally figured out that our economic problems have a very simple explanation: There are too many rich people.

I know of at least one too many. The one occupying the White House? Way too rich.

(Editor's note: I'm taking a few days off. I'll see you guys again on Tuesday)

Too many rich people are causing a jobless “recovery.” Having too many rich people caused gas...

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