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Originally posted by BattlingNelson View PostYeah pretty sure. It was stated by the Congressional Budget office.
The CBO underestimated Obamacare by HALF. Anyone with that record has zero credibility.
Originally posted by BattlingNelson View PostThe Congressional Research Service couldn't find any empirical evidence supporting the notion that tax-cuts for the highest earners has ever resulted in higher revenues and/or economic growth. They analysed the US economy from 1945 to 2010.
The two tax cuts I've cited didn't fall under that category. Reagan cut ALL income tax brackets, and the Clinton CG affected anyone who had stock, regardless of their tax bracket.
Originally posted by BattlingNelson View PostSo again. Show me some evidence for your bold claim that tax cuts increases revenue. A simple unproven theory doesn't cut it sorry.
You're mo dummy, and I felt this was common knowledge.
But I'll do it. Give me a bit though, please.
When I do prove revenue went up as I said, I must ask, what will your response be then?
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Originally posted by 1bad65 View PostI need a source with credibility.
The CBO underestimated Obamacare by HALF. Anyone with that record has zero credibility.
Two problems here; 1) This is from Congress, so it's not very credible or neutral, 2) I didn't assert "tax cuts for the highest earners".
The two tax cuts I've cited didn't fall under that category. Reagan cut ALL income tax brackets, and the Clinton CG affected anyone who had stock, regardless of their tax bracket.
Really?!?
You're mo dummy, and I felt this was common knowledge.
But I'll do it. Give me a bit though, please.
When I do prove revenue went up as I said, I must ask, what will your response be then?
Sidenote: During Reagans years in office, the US debt raised spectacularly. I'm a fan of Reagan and don't care about the US domestic situation so it's just a bonus infor for you. PS: I don't know why I bother telling you as I know you'll somehow dismiss it.
Take a walk. Fire your shotguns at some percieved criminals or whatever it is you do when you want to have a great day.
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Simple....ITS MUCH MORE COMPLICATED THAT THAT.
The data I posted shows that there is no correlation between tax cuts and revenue increases PERIOD. There are times where tax cuts decrease revenue. There are times where tax INCREASES increase revenue. You have spent too long listening to the right wing entertainers. You get obliterated when faced with economics 101.
You really should be ashamed of yourself presenting such complete crap as factual.
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Originally posted by 1bad65 View PostI need a source with credibility.
The CBO underestimated Obamacare by HALF. Anyone with that record has zero credibility.
Two problems here; 1) This is from Congress, so it's not very credible or neutral, 2) I didn't assert "tax cuts for the highest earners".
The two tax cuts I've cited didn't fall under that category. Reagan cut ALL income tax brackets, and the Clinton CG affected anyone who had stock, regardless of their tax bracket.
Really?!?
You're mo dummy, and I felt this was common knowledge.
But I'll do it. Give me a bit though, please.
When I do prove revenue went up as I said, I must ask, what will your response be then?
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Originally posted by BattlingNelson View PostDon't bother. You're thick. Don't let factual evidence get in the way of a pre-made opinion.
Sidenote: During Reagans years in office, the US debt raised spectacularly. I'm a fan of Reagan and don't care about the US domestic situation so it's just a bonus infor for you. PS: I don't know why I bother telling you as I know you'll somehow dismiss it.
Take a walk. Fire your shotguns at some percieved criminals or whatever it is you do when you want to have a great day.
Btw. I’m 100 percent pro Israel.. I’m a spic Jew, and I make zero excuses for my beliefs.
Change da record.
You are a non American, yet you follow US politics, right?
You speak better English than Americans, not a great achievement, and you have the secret to gun control?
Ok... correct me if I’m wrong before we proceeed..
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Originally posted by BattlingNelson View PostDon't bother. You're thick. Don't let factual evidence get in the way of a pre-made opinion.
And I am following the factual evidence. Revenue actually nearly doubled over the 1980s.
Here, though you say you don't care I do prove my claims:
https://www.heritage.org/taxes/report/the-real-reagan-economic-record-responsible-and-successful-fiscal-policy
Originally posted by BattlingNelson View PostSidenote: During Reagans years in office, the US debt raised spectacularly.
It rose. Again, the problem was spending rose even faster.
It's like running a household deficit and you get a $5k per year raise. If you raise your spending by $7k, your deficits are higher, and you darn sure can't blame your raise for it.
Originally posted by BattlingNelson View PostI'm a fan of Reagan and don't care about the US domestic situation so it's just a bonus infor for you. PS: I don't know why I bother telling you as I know you'll somehow dismiss it.
I dismiss nothing, except insults and other nonsense.
As you see, I present source citations when asked. If you have any yourself to show revenue was a cause of the Reagan deficits, I'm all ears.....
Originally posted by BattlingNelson View PostTake a walk. Fire your shotguns at some percieved criminals or whatever it is you do when you want to have a great day.
And I've never had to shoot at anyone. I hope I never have to either.
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Originally posted by HOUDINI563 View PostSimple....ITS MUCH MORE COMPLICATED THAT THAT.
Then explain what caused the Reagan boom and revenues almost doubling.
Dont say "nuh-uh" over and over, make a case....
Originally posted by HOUDINI563 View PostThe data I posted shows that there is no correlation between tax cuts and revenue increases PERIOD.
But I've asked what the correlation was above, and we shall see what you present.....
Originally posted by HOUDINI563 View PostThere are times where tax cuts decrease revenue.
And cite actual numbers.
No "but it would have been higher with a higher tax rate" nonsense.
I want to see real decreases.
Originally posted by HOUDINI563 View PostThere are times where tax INCREASES increase revenue.
Originally posted by HOUDINI563 View PostYou have spent too long listening to the right wing entertainers. You get obliterated when faced with economics 101.
I learned this by living life and observing.
I lived through the booming 80s. I saw Clinton's Cap Gains cuts expanding the high tech industry with vastly increased investment.
I want those proven policies enacted again.
Originally posted by HOUDINI563 View PostYou really should be ashamed of yourself presenting such complete crap as factual.
I sourced. And it wasn't opinion pieces, unlike yours. Dont forget that.
If anyone should be embarrassed it should be you guys parroting the talking points the people who called you "stupid" fed you.
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