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HHusky
Member Posts: 23,898
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http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf
We find that major reforms reducing taxes on the rich lead to higher income inequality as
measured by the top 1% share of pre-tax national income. The effect remains stable in the
medium term. In contrast, such reforms do not have any significant effect on economic growth
and unemployment. (emphasis mine)
You're welcome.
We find that major reforms reducing taxes on the rich lead to higher income inequality as
measured by the top 1% share of pre-tax national income. The effect remains stable in the
medium term. In contrast, such reforms do not have any significant effect on economic growth
and unemployment. (emphasis mine)
You're welcome.
Comments
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So the International Institute for Inequalities was able to successfully validate their own trademark hypothesis.HHusky said:http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf
We find that major reforms reducing taxes on the rich lead to higher income inequality as
measured by the top 1% share of pre-tax national income. The effect remains stable in the
medium term. In contrast, such reforms do not have any significant effect on economic growth
and unemployment. (emphasis mine)
You're welcome.
That settles it. -
Imbecile. If people want to read a partisan analysis of economics, they can always look at the drivel that Paul Krugman produces. You're thought of as the gimp from pulp fiction around these parts.HHusky said:http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf
We find that major reforms reducing taxes on the rich lead to higher income inequality as
measured by the top 1% share of pre-tax national income. The effect remains stable in the
medium term. In contrast, such reforms do not have any significant effect on economic growth
and unemployment. (emphasis mine)
You're welcome.
Emphasis mine. -
Well, dazzler you have been asked this dozens of times but you never get around to answering the question. How does Bill Gates's wealth effect a middle class school teacher? A oil worker? A postman? Don't hurt yourself. During the Trump administration the US middle class was having a record increase in real income. Of course, that's not what really concerns leftards. Those people who are better off vote for more prosperity. Can't have that. Thus you leading the cheerleading for putting tens of millions of regular people out of work while increasing the wealth of Zuckerberg and Bezos. Congrats.HHusky said:http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf
We find that major reforms reducing taxes on the rich lead to higher income inequality as
measured by the top 1% share of pre-tax national income. The effect remains stable in the
medium term. In contrast, such reforms do not have any significant effect on economic growth
and unemployment. (emphasis mine)
You're welcome.
PS Be sure to ignore legal and illegal immigration that increases the number of poor people in the US. -
Hardhat always righthardhat said:
Imbecile. If people want to read a partisan analysis of economics, they can always look at the drivel that Paul Krugman produces. You're thought of as the gimp from pulp fiction around these parts.HHusky said:http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf
We find that major reforms reducing taxes on the rich lead to higher income inequality as
measured by the top 1% share of pre-tax national income. The effect remains stable in the
medium term. In contrast, such reforms do not have any significant effect on economic growth
and unemployment. (emphasis mine)
You're welcome.
Emphasis mine. -
I was a PM on early Microsoft offices back in the day. Bill Gates had more money than me then. He has even more money than me now. Income gap has GROWN!!!
What should we do? -
Cancel billionaires. Raise taxes super high. Studies by left wing think tanks show this works every time.RaceBannon said:I was a PM on early Microsoft offices back in the day. Bill Gates had more money than me then. He has even more money than me now. Income gap has GROWN!!!
What should we do? -
Despite the fact that 2019 was my best year financially in my entire life, little did I know how bad I had it on account of the Wealth Gap between me and Mark Zuckerberg increasing.RaceBannon said:I was a PM on early Microsoft offices back in the day. Bill Gates had more money than me then. He has even more money than me now. Income gap has GROWN!!!
What should we do? -
Get vaccinated.RaceBannon said:I was a PM on early Microsoft offices back in the day. Bill Gates had more money than me then. He has even more money than me now. Income gap has GROWN!!!
What should we do?
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2020 will be even better. When I got out of college in the early 90's, making $30,000 a year was pretty damn good. Kids coming out of college today with lame degrees are still making $30,000/yr. But how much was rent back then vs. today? Most young people are brainwashed into believing what dipshits like the dazzler have to sell and little do they understand what the future has in store for them. My 3 kids should survive because they're all conservatives.SFGbob said:
Despite the fact that 2019 was my best year financially in my entire life, little did I know how bad I had it on account of the Wealth Gap between me and Mark Zuckerberg increasing.RaceBannon said:I was a PM on early Microsoft offices back in the day. Bill Gates had more money than me then. He has even more money than me now. Income gap has GROWN!!!
What should we do? -
such reforms do not have any significant effect on economic growth
and unemployment
You girls seem awfully ready to abandon the argument you all made in favor of lowering taxes on "job creators". I don't know how to make my reason for posting any more more explicit than what I've already emphasized. I appreciate your many concessions though. -
You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
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You just reposted the same bullshit and expect something different?HHusky said:such reforms do not have any significant effect on economic growth
and unemployment
You girls seem awfully ready to abandon the argument you all made in favor of lowering taxes on "job creators". I don't know how to make my reason for posting any more more explicit than what I've already emphasized. I appreciate your many concessions though.
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Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
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Race can't do it.RaceBannon said:
You just reposted the same bullshit and expect something different?HHusky said:such reforms do not have any significant effect on economic growth
and unemployment
You girls seem awfully ready to abandon the argument you all made in favor of lowering taxes on "job creators". I don't know how to make my reason for posting any more more explicit than what I've already emphasized. I appreciate your many concessions though. -
Cowards like you think that raising taxes on 'the rich' will bring about great success. For reasons that are obvious to everyone but you, the call for higher taxes will just result in more taxes on paychecks. That means the little people the crying liberals want to help would see their taxes go up to fund all the great plans progressives want. A lot of people on the boreds are interested in serious tax reform and can have a grown up conversation about it. If you want to stay at the kids table and yell 'tax the rich, i'm right' go for it.HHusky said:
Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
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At present we can't even pay for our commitments. Borrowing the money isn't along term winner.hardhat said:
Cowards like you think that raising taxes on 'the rich' will bring about great success. For reasons that are obvious to everyone but you, the call for higher taxes will just result in more taxes on paychecks. That means the little people the crying liberals want to help would see their taxes go up to fund all the great plans progressives want. A lot of people on the boreds are interested in serious tax reform and can have a grown up conversation about it. If you want to stay at the kids table and yell 'tax the rich, i'm right' go for it.HHusky said:
Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
Your team has repeatedly lowered taxes on the rich, promising "trickle down" benefits that weren't realized. Baby steps: at this point it would be significant progress for you to admit that no further tax cuts for the rich are justified. Then we can talk about who should actually pay more. -
What team am I on again, little man? If I'm on the team for tax fairness and less partisanship, sure. You just keep pushing the tired Bernie bro arguments. I didn't argue in favor of cuts, you started this by posting a pile of shit from an obviously biased source. I am arguing that most people that call for raising taxes don't realize that truly wealthy people aren't going to see their taxes increase, and that it's much easier for a government to increase taxes on the little people.HHusky said:
At present we can't even pay for our commitments. Borrowing the money isn't along term winner.hardhat said:
Cowards like you think that raising taxes on 'the rich' will bring about great success. For reasons that are obvious to everyone but you, the call for higher taxes will just result in more taxes on paychecks. That means the little people the crying liberals want to help would see their taxes go up to fund all the great plans progressives want. A lot of people on the boreds are interested in serious tax reform and can have a grown up conversation about it. If you want to stay at the kids table and yell 'tax the rich, i'm right' go for it.HHusky said:
Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
Your team has repeatedly lowered taxes on the rich, promising "trickle down" benefits that weren't realized. Baby steps: at this point it would be significant progress for you to admit that no further tax cuts for the rich are justified. Then we can talk about who should actually pay more.
-
The whole fucking point was the effect of tax cuts on the rich. So other than whooshing yourself, what were you hoping to accomplish here?hardhat said:
What team am I on again, little man? If I'm on the team for tax fairness and less partisanship, sure. You just keep pushing the tired Bernie bro arguments. I didn't argue in favor of cuts, you started this by posting a pile of shit from an obviously biased source. I am arguing that most people that call for raising taxes don't realize that truly wealthy people aren't going to see their taxes increase, and that it's much easier for a government to increase taxes on the little people.HHusky said:
At present we can't even pay for our commitments. Borrowing the money isn't along term winner.hardhat said:
Cowards like you think that raising taxes on 'the rich' will bring about great success. For reasons that are obvious to everyone but you, the call for higher taxes will just result in more taxes on paychecks. That means the little people the crying liberals want to help would see their taxes go up to fund all the great plans progressives want. A lot of people on the boreds are interested in serious tax reform and can have a grown up conversation about it. If you want to stay at the kids table and yell 'tax the rich, i'm right' go for it.HHusky said:
Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
Your team has repeatedly lowered taxes on the rich, promising "trickle down" benefits that weren't realized. Baby steps: at this point it would be significant progress for you to admit that no further tax cuts for the rich are justified. Then we can talk about who should actually pay more. -
No, the point was for you to read a shitty left wing talking point, think that it proves something, and then post it. Then you were mocked for it. That summarizes the history of what you do here.HHusky said:
The whole fucking point was the effect of tax cuts on the rich. So other than whooshing yourself, what were you hoping to accomplish here?hardhat said:
What team am I on again, little man? If I'm on the team for tax fairness and less partisanship, sure. You just keep pushing the tired Bernie bro arguments. I didn't argue in favor of cuts, you started this by posting a pile of shit from an obviously biased source. I am arguing that most people that call for raising taxes don't realize that truly wealthy people aren't going to see their taxes increase, and that it's much easier for a government to increase taxes on the little people.HHusky said:
At present we can't even pay for our commitments. Borrowing the money isn't along term winner.hardhat said:
Cowards like you think that raising taxes on 'the rich' will bring about great success. For reasons that are obvious to everyone but you, the call for higher taxes will just result in more taxes on paychecks. That means the little people the crying liberals want to help would see their taxes go up to fund all the great plans progressives want. A lot of people on the boreds are interested in serious tax reform and can have a grown up conversation about it. If you want to stay at the kids table and yell 'tax the rich, i'm right' go for it.HHusky said:
Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
Your team has repeatedly lowered taxes on the rich, promising "trickle down" benefits that weren't realized. Baby steps: at this point it would be significant progress for you to admit that no further tax cuts for the rich are justified. Then we can talk about who should actually pay more.
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And yet how many fucking jobs did Bill Gates et al reluctantly create you fucking hackHHusky said:
Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
Why are you expecting anyone to take your bullshit seriously?
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Cut spending hackHHusky said:
At present we can't even pay for our commitments. Borrowing the money isn't along term winner.hardhat said:
Cowards like you think that raising taxes on 'the rich' will bring about great success. For reasons that are obvious to everyone but you, the call for higher taxes will just result in more taxes on paychecks. That means the little people the crying liberals want to help would see their taxes go up to fund all the great plans progressives want. A lot of people on the boreds are interested in serious tax reform and can have a grown up conversation about it. If you want to stay at the kids table and yell 'tax the rich, i'm right' go for it.HHusky said:
Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
Your team has repeatedly lowered taxes on the rich, promising "trickle down" benefits that weren't realized. Baby steps: at this point it would be significant progress for you to admit that no further tax cuts for the rich are justified. Then we can talk about who should actually pay more.
The economy was responding quite nicely to the Trump approach until the Chi Coms and democrat governors decided to destroy it
Go fuck yourself -
It wasn't an opinion piece, madam. It was a study.hardhat said:
No, the point was for you to read a shitty left wing talking point, think that it proves something, and then post it. Then you were mocked for it. That summarizes the history of what you do here.HHusky said:
The whole fucking point was the effect of tax cuts on the rich. So other than whooshing yourself, what were you hoping to accomplish here?hardhat said:
What team am I on again, little man? If I'm on the team for tax fairness and less partisanship, sure. You just keep pushing the tired Bernie bro arguments. I didn't argue in favor of cuts, you started this by posting a pile of shit from an obviously biased source. I am arguing that most people that call for raising taxes don't realize that truly wealthy people aren't going to see their taxes increase, and that it's much easier for a government to increase taxes on the little people.HHusky said:
At present we can't even pay for our commitments. Borrowing the money isn't along term winner.hardhat said:
Cowards like you think that raising taxes on 'the rich' will bring about great success. For reasons that are obvious to everyone but you, the call for higher taxes will just result in more taxes on paychecks. That means the little people the crying liberals want to help would see their taxes go up to fund all the great plans progressives want. A lot of people on the boreds are interested in serious tax reform and can have a grown up conversation about it. If you want to stay at the kids table and yell 'tax the rich, i'm right' go for it.HHusky said:
Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
Your team has repeatedly lowered taxes on the rich, promising "trickle down" benefits that weren't realized. Baby steps: at this point it would be significant progress for you to admit that no further tax cuts for the rich are justified. Then we can talk about who should actually pay more. -
"It was a study". That's precious. No one takes you seriously.HHusky said:
It wasn't an opinion piece, madam. It was a study.hardhat said:
No, the point was for you to read a shitty left wing talking point, think that it proves something, and then post it. Then you were mocked for it. That summarizes the history of what you do here.HHusky said:
The whole fucking point was the effect of tax cuts on the rich. So other than whooshing yourself, what were you hoping to accomplish here?hardhat said:
What team am I on again, little man? If I'm on the team for tax fairness and less partisanship, sure. You just keep pushing the tired Bernie bro arguments. I didn't argue in favor of cuts, you started this by posting a pile of shit from an obviously biased source. I am arguing that most people that call for raising taxes don't realize that truly wealthy people aren't going to see their taxes increase, and that it's much easier for a government to increase taxes on the little people.HHusky said:
At present we can't even pay for our commitments. Borrowing the money isn't along term winner.hardhat said:
Cowards like you think that raising taxes on 'the rich' will bring about great success. For reasons that are obvious to everyone but you, the call for higher taxes will just result in more taxes on paychecks. That means the little people the crying liberals want to help would see their taxes go up to fund all the great plans progressives want. A lot of people on the boreds are interested in serious tax reform and can have a grown up conversation about it. If you want to stay at the kids table and yell 'tax the rich, i'm right' go for it.HHusky said:
Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
Your team has repeatedly lowered taxes on the rich, promising "trickle down" benefits that weren't realized. Baby steps: at this point it would be significant progress for you to admit that no further tax cuts for the rich are justified. Then we can talk about who should actually pay more. -
Come see HH struggle in every thread.
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So you didn't read it.hardhat said:
"It was a study". That's precious. No one takes you seriously.HHusky said:
It wasn't an opinion piece, madam. It was a study.hardhat said:
No, the point was for you to read a shitty left wing talking point, think that it proves something, and then post it. Then you were mocked for it. That summarizes the history of what you do here.HHusky said:
The whole fucking point was the effect of tax cuts on the rich. So other than whooshing yourself, what were you hoping to accomplish here?hardhat said:
What team am I on again, little man? If I'm on the team for tax fairness and less partisanship, sure. You just keep pushing the tired Bernie bro arguments. I didn't argue in favor of cuts, you started this by posting a pile of shit from an obviously biased source. I am arguing that most people that call for raising taxes don't realize that truly wealthy people aren't going to see their taxes increase, and that it's much easier for a government to increase taxes on the little people.HHusky said:
At present we can't even pay for our commitments. Borrowing the money isn't along term winner.hardhat said:
Cowards like you think that raising taxes on 'the rich' will bring about great success. For reasons that are obvious to everyone but you, the call for higher taxes will just result in more taxes on paychecks. That means the little people the crying liberals want to help would see their taxes go up to fund all the great plans progressives want. A lot of people on the boreds are interested in serious tax reform and can have a grown up conversation about it. If you want to stay at the kids table and yell 'tax the rich, i'm right' go for it.HHusky said:
Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
Your team has repeatedly lowered taxes on the rich, promising "trickle down" benefits that weren't realized. Baby steps: at this point it would be significant progress for you to admit that no further tax cuts for the rich are justified. Then we can talk about who should actually pay more.
But you've got an opinion! -
It's complete garbage. Just like you.HHusky said:
So you didn't read it.hardhat said:
"It was a study". That's precious. No one takes you seriously.HHusky said:
It wasn't an opinion piece, madam. It was a study.hardhat said:
No, the point was for you to read a shitty left wing talking point, think that it proves something, and then post it. Then you were mocked for it. That summarizes the history of what you do here.HHusky said:
The whole fucking point was the effect of tax cuts on the rich. So other than whooshing yourself, what were you hoping to accomplish here?hardhat said:
What team am I on again, little man? If I'm on the team for tax fairness and less partisanship, sure. You just keep pushing the tired Bernie bro arguments. I didn't argue in favor of cuts, you started this by posting a pile of shit from an obviously biased source. I am arguing that most people that call for raising taxes don't realize that truly wealthy people aren't going to see their taxes increase, and that it's much easier for a government to increase taxes on the little people.HHusky said:
At present we can't even pay for our commitments. Borrowing the money isn't along term winner.hardhat said:
Cowards like you think that raising taxes on 'the rich' will bring about great success. For reasons that are obvious to everyone but you, the call for higher taxes will just result in more taxes on paychecks. That means the little people the crying liberals want to help would see their taxes go up to fund all the great plans progressives want. A lot of people on the boreds are interested in serious tax reform and can have a grown up conversation about it. If you want to stay at the kids table and yell 'tax the rich, i'm right' go for it.HHusky said:
Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
Your team has repeatedly lowered taxes on the rich, promising "trickle down" benefits that weren't realized. Baby steps: at this point it would be significant progress for you to admit that no further tax cuts for the rich are justified. Then we can talk about who should actually pay more.
But you've got an opinion! -
HHusky said:
So you didn't read it.hardhat said:
"It was a study". That's precious. No one takes you seriously.HHusky said:
It wasn't an opinion piece, madam. It was a study.hardhat said:
No, the point was for you to read a shitty left wing talking point, think that it proves something, and then post it. Then you were mocked for it. That summarizes the history of what you do here.HHusky said:
The whole fucking point was the effect of tax cuts on the rich. So other than whooshing yourself, what were you hoping to accomplish here?hardhat said:
What team am I on again, little man? If I'm on the team for tax fairness and less partisanship, sure. You just keep pushing the tired Bernie bro arguments. I didn't argue in favor of cuts, you started this by posting a pile of shit from an obviously biased source. I am arguing that most people that call for raising taxes don't realize that truly wealthy people aren't going to see their taxes increase, and that it's much easier for a government to increase taxes on the little people.HHusky said:
At present we can't even pay for our commitments. Borrowing the money isn't along term winner.hardhat said:
Cowards like you think that raising taxes on 'the rich' will bring about great success. For reasons that are obvious to everyone but you, the call for higher taxes will just result in more taxes on paychecks. That means the little people the crying liberals want to help would see their taxes go up to fund all the great plans progressives want. A lot of people on the boreds are interested in serious tax reform and can have a grown up conversation about it. If you want to stay at the kids table and yell 'tax the rich, i'm right' go for it.HHusky said:
Rich people don't think of themselves as "job creators". For reasons that are obvious, they aren't motivated by creating jobs and do so reluctantly, if at all.hardhat said:You failed to make any points other than shitpoasting a link to something and pretending you did a mic drop. I’m sure job creators seek your advice on economic policy.
Your team has repeatedly lowered taxes on the rich, promising "trickle down" benefits that weren't realized. Baby steps: at this point it would be significant progress for you to admit that no further tax cuts for the rich are justified. Then we can talk about who should actually pay more.
But you've got an opinion!
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Anti-rich organization says tax cuts for the rich don’t work and don’t create jobs.
Stunning news, Krusty. Honk honk.
