It worked for Reagan, right? And if we decrease taxes, the deficit disappears? How's that working for you so far, with the low, low taxes paid now? Yeah... right.lonewolf wrote:Ah, I see. That's why the deficit increases more than 20% year over year with the President's budget. Makes perfect sense. Increase taxes and the deficit explodes. Could it be that anytime a politician raises taxes, he has every intent to spend them and more?.songsmith wrote:That horrible, Satanic DEBT! Duh.lonewolf wrote: Help what?
songsmith wrote: It would also help prevent future investment bubbles, as easy money is easier to risk.
I couldn't show you a "legit investment expert" because you're the only one who exists, apparently. We both know how this works, I do the research and you poke holes in it using your super-powers. No chance. It's not even necessary... high salaries plus low taxes plus market manipulation equals easy money, which then gets invested in riskier investments. Higher taxes makes investment capital tougher to acquire and pump into risky ventures, forcing smarter investment.lonewolf wrote:Nonsense. Show me one legit investment expert who espouses this. Bubbles create easy money when smart money pulls out right before the bubble bursts. Ever hear of a pump & dump? A bubble is nothing more that a pump & dump on a mass scale.
Greed, fearlessness, ignorance and government encouragement cause bubbles. Smart money just loves big new government programs to exploit.
Government encouragement, lol. Pure fantasy.
songsmith wrote: It would also help working Americans feel better about the gulf between them and the uber-wealthy, and show some fairness of treatment.
Yes. It feels GOOD when everyone is treated fairly. Good to see you finally understand "fairness."lonewolf wrote: Ah, so raising taxes is "feelgood" legislation. Well, alrighty then! I'm glad to see a proponent finally admit to that.
songsmith wrote: In addition, it would prove the hysterics of the rightwing regarding the relationship between taxation and unemployment are completely baseless.
Also really great to see you admit that taxation of the executive class and corporations has little to do with why they aren't hiring American workers. It's a spurious argument perpetrated by the people who benefit the most from government. You've come a long way, I'm really proud of you!lonewolf wrote:Correct! Business cycles, demographics, productivity and GDP, all watered with uncertainty, is more closely correlated to unemployment.