Courtesy Flush
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Oct-30-11 09:01 AM
Original message |
This little graphic says what I've been saying all along. |
sarcasmo
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Oct-30-11 09:06 AM
Response to Original message |
1. A great chart, shows how trickle down never works. |
sam11111
(638 posts)
Send PM |
Profile |
Ignore
|
Sun Oct-30-11 09:49 AM
Response to Reply #1 |
6. "more for the Boss means less for you"-- so trickle-down can never happen. End of that theory |
Coyote_Bandit
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Oct-30-11 09:11 AM
Response to Original message |
2. That little graphic ignores at least a couple of things |
|
(1) It assumes that much of that tax saings is re-invested in business when in fact a considerable amount is used to fund consicious consumption and set aside as saviings.
(2) The portion of tax savings that is used to create jobs just might be creating employment opportunities in China - not here in the US.
I'm not defending flat taxes - just pointing out that the graphic is more than a bit misleading and oversimplified.
|
Pab Sungenis
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Oct-30-11 09:22 AM
Response to Reply #2 |
3. The tax code can be written |
|
to not provide a benefit for investments overseas.
|
sam11111
(638 posts)
Send PM |
Profile |
Ignore
|
Sun Oct-30-11 09:27 AM
Response to Original message |
|
Edited on Sun Oct-30-11 09:28 AM by sam11111
(graph is from Wikipedia, on page linked here about 90% of the way down) http://en.m.wikipedia.org/wiki/Income_tax_in_the_United_StatesThe Top Tax Rate - ( its history )
|
sam11111
(638 posts)
Send PM |
Profile |
Ignore
|
Sun Oct-30-11 09:41 AM
Response to Original message |
5. "trickle down" is a flop. Look around you...at 30 years of it. We need Ike's tax again for the Golde |
|
Edited on Sun Oct-30-11 09:45 AM by sam11111
Golden Age again. Jobs, prosperity...'45 - '64.
|
Kablooie
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Oct-30-11 08:26 PM
Response to Original message |
|
But then I have the ability to think. Unfortunately many on the right have lost that ability.
|
DU
AdBot (1000+ posts) |
Thu Apr 18th 2024, 09:15 PM
Response to Original message |