Please humor me here and tell me how this braindead fucking crook’s systematic slashing of anything that would yield him or his cronies money would yield benefits for the nation. I want you to defend this scummy cunt with something substantive, because I’ve yet to see a single one of you do it. You can’t do it. You just make empty statements and skirt knowledge of reality and policy.
What stupid fuckin shit were you fed your whole life to wind up regurgitating this shit? Tell me about trickle down economics too you fucking clowns lol
You dont want a conversation, you just want to yell at the wind. But I am just telling you the fact that cutting taxes doesnt slow the economy or fuel inflation. The “experts” claim things, and its up to us to refute those claims. If you wish to yell about how trump kicked you puppy I dont give a shit.
I understand what you are saying, but it just reallocates the money to different organizations. I would say that tax cuts could be tending to more deflationary because it allows people to be more productive and create more products. Although I think it gets nuanced with how this all relates to the debt and bonds, but I would guess its all a wash with regards to inflation.
And I appreciate that you are not just another angry person that just wants to yell about trump and how me disagreeing with “experts” makes me a MAGA.
When you lower taxes for working class people they tend to spend more which contributes to inflation. Probably small businesses too. But if you lower taxes on the ultra wealthy and big business then I would agree that wouldn’t cause inflation because they would just keep that money and like you said that’s wealth redistribution, even if it is just making the rich richer.
I would disagree with this in that the rich and businesses dont just keep the money in a scrooge mcduck vault, they put it into a variety of things that is not direct consumption spending but is spending. I think there are too many variable to confidently say what would happen, but I dont think its a significant difference when it comes to inflation.
Well he and congress at the time permanently cut taxes for the rich and raised them for the middle class and poor so does that speed up or slow down the economy and does it fuel or resist inflation?
Cause it’s pretty fuckin clear to me that taxing the rich less and the poor more isn’t a good strategy for a healthy society.
I am in favor of less taxes for everyone and thus less spending in the government. This goes to the idea of “trickle down” economics, which on a side note was never an actual thing. Less taxes are better on every level, but the question should be how much do we need for a functioning society.
Cable monster I think you’re debating in good faith and for that I thank you. But you’ve got a lot of deprogramming to do - your opinions seem very implanted instead of individually formed. I
once believed less taxes and less government spending was an inherently good thing because I was told those things. With a bit of independent research, growing up and leaving the house that watched daily conservative programming, I learned that trickle down economics don’t make any sense and that reducing taxes and government spending isn’t simply good or bad - it’s dependent on what services we feel we no longer need provided by the government.
So your statement of less taxes being better on every level is false from my understanding of the world. And just like you, I’ll provide no sources, because I’m matching your effort here. The reason you’re getting down votes and the reason I can confidently say you’re simply wrong in some of these elements, is because these ideas are easily disproven with a bit of thinking, a bit of research in the real world, and it can upset people when someone holds such wrong opinions attempts to share them on the Internet without first supporting their statements.
Idk if this helps but I’ll continue to respond as long as you continue to come off as not a bot or someone looking to simply stir the pot.
I understand what you are saying, but it is a fact that beyond basic safety and infrastructure, higher taxes equals less growth. Trickle down is not a thing and was never a thing, it was a propaganda term used to attack lower taxes. You can believe that we should have taxes for a variety of things (and I would agree) but the government just makes this less efficient by its strucutral nature.
The reason I am getting downvotes is because this place is full of people that are tribal and get mad when you disagree. I feel like I have a pretty good basis of knowledge for this; I worked for the government, I worked as a company that worked with the government, and now I am forced to follow their rules which literally makes my whole town worse and poorer.
That’s my point, higher taxes does not mean less growth - you have a flawed understanding of taxes and economic growth. The government could take your tax money and convert the overwhelming majority of it towards meaningful services that a private company would have no incentive to be efficient about. That’s what free market capitalism does, it finds services and then chokes out competition until the system is inefficient at using resources.
You can look at healthcare as a great example. The US spends more money on healthcare than most other countries and yet achieves worse results than the overwhelming majority of other countries. This is explicitly because healthcare is privatized in the US and prioritizes economic growth over providing a service. Other governments prioritize providing good healthcare and when government run provide better service and a cheaper price point. So if you live in the US you have worse living conditions because your government doesn’t tax you more.
This same concept applies to transportation, Internet service (and often other utilities), elder care, housing, food. The government’s “structural nature” doesn’t mean much, every company is structured and just as inefficient. The difference is companies have an express intent to make more money, not provide better products or services unless that guarantees more money. What we see in an unregulated economy, which would require taxes to prevent, is companies find it easier to monopolize their market than provide better products/services. Governments on the other hand have the express intent to govern by the will of the people with power. In a good system this is the vast majority of constituents and not just the top 1% of wealth owners.
Your experiences with working for government or company or small town are not invalid but you have to understand that your experience is miniscule compared to the number of experiences out there. This is called anecdotal evidence. You can have all the anecdotal evidence and experience you’d like, but it’s meaningless when compared with the whole world’s experience which can only be measured using real world data - scientific conclusions or at least ones relying on some methodology. Because most governments implore 10s of thousands of people over hundreds of departments and locations, you simply couldn’t experience a meaningful amount. So you have to build your opinions not based on your limited experiences but based on data.
Cutting taxes does slow the economy, if done improperly. Economic growth does not purely come from the Private Sector, but can come from public spending on infrastructure and other public utilities. Same with Inflation.
Cutting taxes doesnt slow the economy or fuel inflation.
Please humor me here and tell me how this braindead fucking crook’s systematic slashing of anything that would yield him or his cronies money would yield benefits for the nation. I want you to defend this scummy cunt with something substantive, because I’ve yet to see a single one of you do it. You can’t do it. You just make empty statements and skirt knowledge of reality and policy.
What stupid fuckin shit were you fed your whole life to wind up regurgitating this shit? Tell me about trickle down economics too you fucking clowns lol
You dont want a conversation, you just want to yell at the wind. But I am just telling you the fact that cutting taxes doesnt slow the economy or fuel inflation. The “experts” claim things, and its up to us to refute those claims. If you wish to yell about how trump kicked you puppy I dont give a shit.
When people pay more taxes they have less money to spend and they avoid purchases that they would have made otherwise.
Edit I didn’t down vote you, I’m open to hearing your reasoning
I understand what you are saying, but it just reallocates the money to different organizations. I would say that tax cuts could be tending to more deflationary because it allows people to be more productive and create more products. Although I think it gets nuanced with how this all relates to the debt and bonds, but I would guess its all a wash with regards to inflation.
And I appreciate that you are not just another angry person that just wants to yell about trump and how me disagreeing with “experts” makes me a MAGA.
When you lower taxes for working class people they tend to spend more which contributes to inflation. Probably small businesses too. But if you lower taxes on the ultra wealthy and big business then I would agree that wouldn’t cause inflation because they would just keep that money and like you said that’s wealth redistribution, even if it is just making the rich richer.
I would disagree with this in that the rich and businesses dont just keep the money in a scrooge mcduck vault, they put it into a variety of things that is not direct consumption spending but is spending. I think there are too many variable to confidently say what would happen, but I dont think its a significant difference when it comes to inflation.
Well he and congress at the time permanently cut taxes for the rich and raised them for the middle class and poor so does that speed up or slow down the economy and does it fuel or resist inflation?
Cause it’s pretty fuckin clear to me that taxing the rich less and the poor more isn’t a good strategy for a healthy society.
I am in favor of less taxes for everyone and thus less spending in the government. This goes to the idea of “trickle down” economics, which on a side note was never an actual thing. Less taxes are better on every level, but the question should be how much do we need for a functioning society.
Why? Why are taxes bad? Why is government spending bad?
Yes, Trickle Down Economics is just as false as a waterfall flowing upwards.
Why? You left this claim open and unsupported.
Again, why? None of your claims are supported by anything, just opinions randomly ascribed.
Cable monster I think you’re debating in good faith and for that I thank you. But you’ve got a lot of deprogramming to do - your opinions seem very implanted instead of individually formed. I
once believed less taxes and less government spending was an inherently good thing because I was told those things. With a bit of independent research, growing up and leaving the house that watched daily conservative programming, I learned that trickle down economics don’t make any sense and that reducing taxes and government spending isn’t simply good or bad - it’s dependent on what services we feel we no longer need provided by the government.
So your statement of less taxes being better on every level is false from my understanding of the world. And just like you, I’ll provide no sources, because I’m matching your effort here. The reason you’re getting down votes and the reason I can confidently say you’re simply wrong in some of these elements, is because these ideas are easily disproven with a bit of thinking, a bit of research in the real world, and it can upset people when someone holds such wrong opinions attempts to share them on the Internet without first supporting their statements.
Idk if this helps but I’ll continue to respond as long as you continue to come off as not a bot or someone looking to simply stir the pot.
I understand what you are saying, but it is a fact that beyond basic safety and infrastructure, higher taxes equals less growth. Trickle down is not a thing and was never a thing, it was a propaganda term used to attack lower taxes. You can believe that we should have taxes for a variety of things (and I would agree) but the government just makes this less efficient by its strucutral nature.
The reason I am getting downvotes is because this place is full of people that are tribal and get mad when you disagree. I feel like I have a pretty good basis of knowledge for this; I worked for the government, I worked as a company that worked with the government, and now I am forced to follow their rules which literally makes my whole town worse and poorer.
That’s my point, higher taxes does not mean less growth - you have a flawed understanding of taxes and economic growth. The government could take your tax money and convert the overwhelming majority of it towards meaningful services that a private company would have no incentive to be efficient about. That’s what free market capitalism does, it finds services and then chokes out competition until the system is inefficient at using resources.
You can look at healthcare as a great example. The US spends more money on healthcare than most other countries and yet achieves worse results than the overwhelming majority of other countries. This is explicitly because healthcare is privatized in the US and prioritizes economic growth over providing a service. Other governments prioritize providing good healthcare and when government run provide better service and a cheaper price point. So if you live in the US you have worse living conditions because your government doesn’t tax you more.
This same concept applies to transportation, Internet service (and often other utilities), elder care, housing, food. The government’s “structural nature” doesn’t mean much, every company is structured and just as inefficient. The difference is companies have an express intent to make more money, not provide better products or services unless that guarantees more money. What we see in an unregulated economy, which would require taxes to prevent, is companies find it easier to monopolize their market than provide better products/services. Governments on the other hand have the express intent to govern by the will of the people with power. In a good system this is the vast majority of constituents and not just the top 1% of wealth owners.
Your experiences with working for government or company or small town are not invalid but you have to understand that your experience is miniscule compared to the number of experiences out there. This is called anecdotal evidence. You can have all the anecdotal evidence and experience you’d like, but it’s meaningless when compared with the whole world’s experience which can only be measured using real world data - scientific conclusions or at least ones relying on some methodology. Because most governments implore 10s of thousands of people over hundreds of departments and locations, you simply couldn’t experience a meaningful amount. So you have to build your opinions not based on your limited experiences but based on data.
Cutting taxes does slow the economy, if done improperly. Economic growth does not purely come from the Private Sector, but can come from public spending on infrastructure and other public utilities. Same with Inflation.
This is a misunderstanding of how Taxation works.