02-05-2008, 06:24 AM | #21 |
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02-05-2008, 01:58 PM | #22 |
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Yes, after watching the Republicans slobber over each other to see who would destroy the economy the fastest by booting 10M illegals, I'm thinking I'll go with the Dem's on this issue.
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02-05-2008, 02:05 PM | #23 |
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Which ones?
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02-05-2008, 02:59 PM | #24 | |
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"Have we been commanded not to call a prophet an insular racist? Link?" "And yes, [2010] is a very good year to be a Democrat. Perhaps the best year in decades ..." - Cali Coug "Oh dear, granny, what a long tail our puss has got." - Brigham Young |
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02-05-2008, 03:08 PM | #25 | |
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In reality, other principles also influence markets and capital flow in addition to taxation rates, so it's difficult to single out one factor alone to determine market behavior. It seems availability of capital, consumer confidence, taxation rates, status of economy all play significant roles in the development and course of the economy. Increasing taxation rates does not occur in a vacuum, so it's difficult to single out that factor. However, the Laffer curve expresses a concept which should be true in a vacuum.
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02-05-2008, 03:11 PM | #26 | |
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I can tell you one thing for sure. When Guliani said he would cut the corporate tax from 35% to 30% and GROW tax revenues I nearly did a Norcal Cat LMAO! WHAT A FRICKIN IDIOT!! LOL!!! That would mean corporations would grow revenues 17% (real growth above what it would have been with the same 35% tax rate). Sorry dude, not gonna happen. |
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02-05-2008, 03:15 PM | #27 | |
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What I'm saying is not true is that US tax rates now or in the Reagan era were ever such that we were on the right hand side of the curve. Last edited by jay santos; 02-05-2008 at 03:18 PM. |
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02-05-2008, 03:17 PM | #28 | |
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02-05-2008, 03:18 PM | #29 |
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02-05-2008, 03:21 PM | #30 |
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Although I have read many economists agree with you, I'm not certain I agree.
The reason it's impossible to verify is the difficulty of isolating that factor.
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