Fred J. McCall wrote:
frank wrote:
:
:Bull****. Take a decent economics course, if they offer any anymore.
:
I have a degree in the field, Frank. You're an idiot.
:
:Progressive income tax with higher rates for richest is the way to go.
:Flat tax is worst on the poor. Hell everybody agreed on that until
:these stupid Republicans under Reagan took over.
:
Wrong. Progressive taxes are the MOST distortive to market forces.
Flat taxes distort the least and hence are the way to go.
If 'everyone agreed' until Reagan, why did JFK make taxes much less
regressive (and thereby stimulate both the economy and government tax
receipts)?
Me! Me! I know! Pick me!
Um, because they started at different initial conditions, ALEX?
I really hate the dishonest NeoCon/Republican One-Size-Fits-All approach
to life ("Takes all the mystery out of it.").
PLEASE someone remail this so Fred can see it - she has pretty much
killfiled anyone who disagrees with her, ostrich that she is.
:You know under Eisenhower, tax rate was 91% for some of the highest
:brackets?
Yes, and you know JFK changed that because it was ****ing up the
economy so badly, right?
Yeah, so why did Reagan mess with the economy by lowering taxes, then?
:You know some of them actually complained to the Treasury
:Secretary, and his response was, pay your damn taxes, you can afford
:it. You are gaining the largess due to what this country provides for
:you. From infrastructure to safe means to park your funds.
Cite? I think you're lying again.
You don't get economic value out of the interstate highway system?
People who ship more goods do not get a disproportional advantage from
the same system? You need a cite for that?
:The only people advocating a flat tax are the super rich who would
:make a killing on it
You're lying again.
"Only" is hyperbole - there are some uneducated folks who are not rich
who have been convinced by their NeoCon handlers to believe it, also.
Half point to Fred.
its only income and they would not count investments as income).
You're lying again.
No, he is just describing one such plan. In fact, most flat tax plans I
have seen do give steep discounts or free rides to capital gains, earned
disproportionately by people with the most disposable income (both as
"working" compensation and as investments).
:Why the hell is Forbes so gung ho on it?
Because he actually understand what you do not; non-flat taxes on
income distort the economy.
But flat-taxes also distort the economy. ANY economic activity, whether
by private, semi-private, or public agents, "distorts the economy," by
your definition, so what was your point? What gain do you actually
expect to see from a flat tax? You have never actually stated any, just
your view that it would not "distort the economy" somehow. What
BENEFITS are there in a flat tax? What drawbacks are there in a flat
tax? An honest debater would list several in each category, since there
are many in each category.
:To
:help the middle class? Hell no. He has no clue how you live. Neither
:does McCain or his wife. Anybody got a quarter mil earrings for the
:wife lately? Thought not. Well, you can thank the Reagan / Bush tax
:cuts for them getting richer and richer and ****ing away more than
:you'd pay on a house for ear candy.
Jealousy is SO ugly, Frank.
Jealousy? Methinks you should peruse a dictionary before you next put
finger to keyboard.
You and your "eat the rich; the poor are
tough and stringy" crowd make me nauseous. Where do you think the
jobs come from?
Small businesses trying to make a go of it in a big business world and
government. That is the record of the Bush plan; the losses come mainly
from big businesses shipping jobs overseas for tax breaks and small
businesses shopping out manufacturing to overseas facilities. The US
needs approximately 250,000 NET new jobs per month JUST TO STAY EVEN -
the Bush economy hasn't even met THAT goal more than a time or two...
Yet their "stimulus plans" have cost the country trillions of dollars,
not even factoring in the war. Those tax cuts sure have been wonderful...
:Look at how many people are millionaires or billionaires. And how many
:Americans have lost their jobs or houses? These tax cuts are killing
:the US
Now go look at who is paying the taxes, Frank...
Now, not too many people, which is why the deficit and the debt have
ballooned under the current administration, EVEN WITH people taking
equity out of their homes (which are NOW losing value) so they could get by.
Face it Fred, your plan has screwed the country - and you want MORE of
it. Just what DO you do that you want to screw your neighbors so much?
.................................................. .................
Poor Frank, can't even get to the level of being killfiled by Fred.
Keep trying - if you put enough rational information out there, Fred
will have no choice but to killfile you. Think of it as a badge of honor.
.................................................. .................
Dan