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83% of tax cuts to top 1%
2001400ex
Member Posts: 29,457
in Tug Tavern
And that's an example of how you lie with statistics.
https://www.washingtonpost.com/amphtml/politics/2018/11/14/does-trump-tax-cut-give-percent-benefits-top-one-percent/?noredirect=on
https://www.washingtonpost.com/amphtml/politics/2018/11/14/does-trump-tax-cut-give-percent-benefits-top-one-percent/?noredirect=on
Comments
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And it should go to them. The top 1% pay 40% of the country’s taxes. While the bottom 90% pay only 29%. But yeah, let’s give the bottom 90% more breaks. Dumbfuck Hondo at it again.
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Did you read the article?greenblood said:And it should go to them. The top 1% pay 40% of the country’s taxes. While the bottom 90% pay only 29%. But yeah, let’s give the bottom 90% more breaks. Dumbfuck Hondo at it again.
Not to mention your view of macroeconomics is fucked. So I'll break it down for you. If you want to cut taxes cause the government has too much money, then you cut from the wealthy. If you want to cut taxes to spur economic growth and create jobs, you give the tax cuts to the middle class. Where they will take the tax cuts and spend every penny. Spending creates growth. -
Why do you feel entitled to the labor of others Hondo?
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Hendo thinks that importing millions of poor and poorly educated immigrants and putting them on welfare is economic genius stuff. Just ask Pelosi. Like Hondo cares about the private business sector.
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Lots of projecting in here.
BTW....I was calling the Democrat a liar in case you can't read. -
Lots of dodging going on here. Why do you feel you have the right to use the government as your muscle in order to extract the wealth earned by others? Why is it since the country's founding have Rats felt that they have an entitlement to the labor of others?2001400ex said:Lots of projecting in here.
BTW....I was calling the Democrat a liar in case you can't read. -
I love that you invoke macroeconomics. Tell me, do you think that investment is an unimportant factor of GDP? Or maybe you feel the multiplier is larger on consumption? I'd love to here your macroeconomic reasoning.2001400ex said:
Did you read the article?greenblood said:And it should go to them. The top 1% pay 40% of the country’s taxes. While the bottom 90% pay only 29%. But yeah, let’s give the bottom 90% more breaks. Dumbfuck Hondo at it again.
Not to mention your view of macroeconomics is fucked. So I'll break it down for you. If you want to cut taxes cause the government has too much money, then you cut from the wealthy. If you want to cut taxes to spur economic growth and create jobs, you give the tax cuts to the middle class. Where they will take the tax cuts and spend every penny. Spending creates growth. -
For investment, it depends on what you are considering investment. And yes, a lot higher percentage of the tax cuts given to the middle class goes back into the economy. Whereas, in an economy the way it's situated now, the majority of tax cuts given to the wealthy are not put back into the economy.UW_Doog_Bot said:
I love that you invoke macroeconomics. Tell me, do you think that investment is an unimportant factor of GDP? Or maybe you feel the multiplier is larger on consumption? I'd love to here your macroeconomic reasoning.2001400ex said:
Did you read the article?greenblood said:And it should go to them. The top 1% pay 40% of the country’s taxes. While the bottom 90% pay only 29%. But yeah, let’s give the bottom 90% more breaks. Dumbfuck Hondo at it again.
Not to mention your view of macroeconomics is fucked. So I'll break it down for you. If you want to cut taxes cause the government has too much money, then you cut from the wealthy. If you want to cut taxes to spur economic growth and create jobs, you give the tax cuts to the middle class. Where they will take the tax cuts and spend every penny. Spending creates growth.
Same with corporations. If our economy was shitty, the corporate tax cuts would go into more investment which would stimulate growth. But where we are at in the economic cycle, corporations are already flush with cash so their best use to create shareholder value was to buy back stock. Rather than invest in new businesses. -
Really? So they put their money into a mattress or do they bury it out in the backyard in mason jars? Watch, this is going to be another Hondo how dare you rely on what I actually said, you're supposed to rely on what I meant to say.
So tell us Hondo what do the wealthy do with the money they get back from tax cuts that keeps it out of the economy?
Cue the Kunt act. -
It's clear you've never had money or known anyone with money.
