Kansas tax cuts killing the state...
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If they manufacture overseas. But lets be honest here. Most companies don't go overseas because of tax alone. They go overseas because of the combination of taxes and labor costs. If I can save $10/hour with a 2,000 employee manufacturing plant in Mexico vs the US, that's roughly 52 million dollars a year in savings. We could charge zero taxes, and it's hard to make up that difference.salemcoog said:
Crisped.greenblood said:Many of these guys think tax breaks increase jobs. It's true to some extent, but not enough to sustain it. Ideally you want a combination of tax breaks with increased opportunities because of market growth. People get hired, overseas, when businesses can't keep up with demand.
For instance, if I hire two people and I can keep up with jobs, tax breaks will only go into my pocket. But if market growth calls for a needed expansion, tax breaks gives me more flexibility to hire additional people. If I'm cash poor I might not be able to keep up with new demand and waste growth opportunities. It's a balance we need. -
Laffer? Isn't he the fraud who came up with trickle down economics? Next...
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It's funny that when it's money going from the rich to the poor it's inciting class hatred but when it's the rich rigging the rules in their favor it's fine. When the rich fuck over the poor, when they destroy the middle class, that's cool. Ask the rich to give more because they have more and it's a war.Sledog said:* You cannot bring about prosperity by discouraging thrift.
* You cannot strengthen the weak by weakening the strong.
* You cannot help little men by tearing down big men.
* You cannot lift the wage earner by pulling down the wage payer.
* You cannot help the poor by destroying the rich.
* You cannot establish sound security on borrowed money.
* You cannot further the brotherhood of man by inciting class hatred.
* You cannot keep out of trouble by spending more than you earn.
* You cannot build character and courage by destroying men's initiative and independence.
* You cannot help men permanently by doing for them what they can and should do for themselves.
But here's the bigger problem with this diatribe, you call it the brotherhood of man (should be siblinghood of people) and then you refer to the poor as little and weak. You refer to the rich as big and strong. You imply that poor people lack the character of the rich because they're not rich. Brother, those are fighting words and it sounds like you are the one that wants the war. -
allpurpleallgold said:
It's funny that when it's money going from the rich to the poor it's inciting class hatred but when it's the rich rigging the rules in their favor it's fine. When the rich fuck over the poor, when they destroy the middle class, that's cool. Ask the rich to give more because they have more and it's a war.Sledog said:* You cannot bring about prosperity by discouraging thrift.
* You cannot strengthen the weak by weakening the strong.
* You cannot help little men by tearing down big men.
* You cannot lift the wage earner by pulling down the wage payer.
* You cannot help the poor by destroying the rich.
* You cannot establish sound security on borrowed money.
* You cannot further the brotherhood of man by inciting class hatred.
* You cannot keep out of trouble by spending more than you earn.
* You cannot build character and courage by destroying men's initiative and independence.
* You cannot help men permanently by doing for them what they can and should do for themselves.
But here's the bigger problem with this diatribe, you call it the brotherhood of man (should be siblinghood of people) and then you refer to the poor as little and weak. You refer to the rich as big and strong. You imply that poor people lack the character of the rich because they're not rich.BrotherSibling, those are fighting words and it sounds like you are the one that wants the war. -
Male sibling, can you spare a dime?dnc said:allpurpleallgold said:
It's funny that when it's money going from the rich to the poor it's inciting class hatred but when it's the rich rigging the rules in their favor it's fine. When the rich fuck over the poor, when they destroy the middle class, that's cool. Ask the rich to give more because they have more and it's a war.Sledog said:* You cannot bring about prosperity by discouraging thrift.
* You cannot strengthen the weak by weakening the strong.
* You cannot help little men by tearing down big men.
* You cannot lift the wage earner by pulling down the wage payer.
* You cannot help the poor by destroying the rich.
* You cannot establish sound security on borrowed money.
* You cannot further the brotherhood of man by inciting class hatred.
* You cannot keep out of trouble by spending more than you earn.
* You cannot build character and courage by destroying men's initiative and independence.
* You cannot help men permanently by doing for them what they can and should do for themselves.
But here's the bigger problem with this diatribe, you call it the brotherhood of man (should be siblinghood of people) and then you refer to the poor as little and weak. You refer to the rich as big and strong. You imply that poor people lack the character of the rich because they're not rich.BrotherSibling, those are fighting words and it sounds like you are the one that wants the war. -
Non gender specific non traditional tribal unit member
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"Member" has phallic implications.RaceBannon said:Non gender specific non traditional tribal unit member
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I didn't even read the thread - all I know is Kansas is one of, if not the most fucked up state in this union. Bunch of fucking mouthbreathing lying motherfuckers, not unlike the Seattle City Council but I digress.
That place is F-U-C-K-E-D.
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The problem is that they teach in schools and promote economic thought that would work if you were playing legos and there were no variables involved. I majored in econ and it's all theory of how shit should work if the world was a test lab. Austrian economics or it's all bullshit.HeretoBeatmyChest said:Paywall. Its written by some supply side hacks so I doubt its truthful.
Heres the other side which confirms my suspicion:
http://www.kansascity.com/opinion/opn-columns-blogs/yael-t-abouhalkah/article58549653.html
Tax cuts are always great but these supply side economists are like religious zealots. They think tax cuts are the #1 answer and the only answer to everything. They were proclaiming how great the Bush economy was (private sector growth was actually the worst ever, weaker than Obama) literally a year before it fell off a cliff. -
+1DugtheDoog said:
The problem is that they teach in schools and promote economic thought that would work if you were playing legos and there were no variables involved. I majored in econ and it's all theory of how shit should work if the world was a test lab. Austrian economics or it's all bullshit.HeretoBeatmyChest said:Paywall. Its written by some supply side hacks so I doubt its truthful.
Heres the other side which confirms my suspicion:
http://www.kansascity.com/opinion/opn-columns-blogs/yael-t-abouhalkah/article58549653.html
Tax cuts are always great but these supply side economists are like religious zealots. They think tax cuts are the #1 answer and the only answer to everything. They were proclaiming how great the Bush economy was (private sector growth was actually the worst ever, weaker than Obama) literally a year before it fell off a cliff.
Loved my Econ major, taught me critical thinking and analysis skills, but the underlying assumption of rational behavior doesn't exist in the world. If I could go back in time I'd add in some behavioral economics.
