The study was done by economists who don't have a political agenda so it suggests that Romney is merely trying to send EVEN more money to the rich. We've had YEARS of low taxes on the wealthy and it hasn't "jump started the economy and created jobs" so why would it do so NOW? All Republican tax plans when studied by economists have the same flaw, helps the rich and hurts the middle class and poor.
Sorry, but you are playing the same game, with way different players. I don't think JFK would say the same today.
Besides, a healthy economy works with cash flow from the top to invest, but also cash flow on the bottom to consume - you don't have the cash flow on the bottom to consume when you are taxing them more, and taxing the rich less... It doesn't work with only one wheel operating.
Precisely. Both wheels need to be working, and proportional resources utilized to operate the military and everything else governmental. Having progressively larger wheels creates an imbalance. And when wealthier people generally put any further gains in their pockets, not the economy. The wealthier beneficiaries do at some point decide they know whats best (for themselves first) and then to try to shape policies that they believe suits themselves. You will rarely hear or see a well to do person asking an economically dis-advantaged person what they think. They feel that priviledge equals intelligence. Maybe in the abstract but not necessarily true.
WHAT? There is a middle class? We had best be rid of it A.S.A.P.! They are already enjoying 8% of the economy. Guess they just can't get enough. Well, there are still a few pensions left to steal, and they still need housing and cars and schools and food and electricity and sometimes gas and gasoline, insurance and licensing fees and a bunch of other stuff, so they can be nickled and dimed (A thousand here, a thousand there...it adds up) to make sure they can never get close to any independent thinking or actions. And they will stay distracted and bamboozled by entertainment, sports, computers and smart phones, and any shiny objects that they see...while the owners of this country continue to go to the bank with the profits they made from others' dreams and toils.
You mean like all those taxes your boy Romney paid ? He created a lot of jobs too, only most of them were overseas...he also destroyed a lot of jobs here, as well as pensions....yep, those rich folks are just God's gift to us po' folks.
sigh... I swear Romney just might be the worst candidate for President ever put in front of us.. I really just can't stand this slime ball. He made his millions by taking the shirt off the middle class' back. He can't remember holding down a fellow student and cutting his hair off. He can't remember when he was CEO of Bain. When asked if he ever paid less than the 13.9% that he paid in the tax returns he did release, he said he didn't know. It goes on and on. This guy is so detached from reality... He really should have just stayed in the business world. He is not fit to run for president and should not be allowed to run for public office. Ugh..
SO Romney earned his money and your jealous,BOO HOO,bedwetter get a job stop whinning. Name me just one job Obama/Biden has created or saved without Tax dollars,Just one?
(Repost) jabberwolf - Since your comment implied that conservatives know economics and democrats do not, why don't you explain to all of us, liberals here, in term of economic theories why cutting tax for the rich will create more jobs Or are you just BS as normally expected from uneducated, uninformed, ignorant conservatives?
Since you bedwetters think paying more taxes is good,why are not the rich Democrats paying more taxes? Bloomberg,Buffet,Pelosi,Obama are all rich if compared to most,and they keep whinning,so why are they not paying more taxes? Nothing is stopping them,nothing at all.Maybe we have a spending problem not a tax problem?
(Cont.) Ex. Firm's demand of labor is derived from the demand of the firm's output. As the demand for the firm's output increases, the firm will hire more workers. There is associated marginal cost and marginal revenue earned for each worker or each unit of labor hired. The firm's profit-maximizing labor demand or the decision to hire a certain number of workers (units of labor) can be determined from the firm's labor demand curve.
Yes, but the fact that the firm has now outsourced most of its labor so it only retains intelectual property here in the states means thos marginal increases due o the increase in sales are occuring elsewhere. As such we have another jobless recovery just like the 90s and early 2000s.
It is essential -- if we have any expectation at all of reaching towards our dream of a vital, living, democracy -- that we recognize: 1) we currently have a political system "of, by, and for the rich"; 2) a vital democracy requires the exclusion of money from politics (why are there so many millionaires in Congress? Is that now a requirement for the job?) Money is King -- no, money is now God. The silliest thing of all, is that most of these folks (commenters included) are probably "christian": but their Master said: "Woe to the capitalist"...
Well is this even news anymore? It sure doesn't sound like news to me. How someone out there has yet to understand that Mitt Romney is solely a candidate of the wealthy, a true plutocrat, goes beyond my understanding of the American society. The sole plan of this man is to cut taxes on the wealthy as he has some delirious idea that it will benefit the American economy, when the wealthy are already the ones taxed the least. We tried this voodoo economics back in the 1980s and not only did it cause a vehement rise in inequality, it also laid the foundation for the current financial crisis. Therefore, the choice is clear: Do you want a plutocrat or a man of the people at 1600 Pennsylvania Avenue come January? http://simonbau.blog.com/2012/06/18/a-plutocrat-and-a-gentleman/
Mitt refuses to provide his tax returns, and that's all I need to know. If he's not trying to hide the fact that he has avoided paying a ton of taxes, why won't he produce his returns?
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Besides, a healthy economy works with cash flow from the top to invest, but also cash flow on the bottom to consume - you don't have the cash flow on the bottom to consume when you are taxing them more, and taxing the rich less... It doesn't work with only one wheel operating.
He made his millions by taking the shirt off the middle class' back. He can't remember holding down a fellow student and cutting his hair off. He can't remember when he was CEO of Bain. When asked if he ever paid less than the 13.9% that he paid in the tax returns he did release, he said he didn't know. It goes on and on. This guy is so detached from reality... He really should have just stayed in the business world. He is not fit to run for president and should not be allowed to run for public office. Ugh..
The sole plan of this man is to cut taxes on the wealthy as he has some delirious idea that it will benefit the American economy, when the wealthy are already the ones taxed the least. We tried this voodoo economics back in the 1980s and not only did it cause a vehement rise in inequality, it also laid the foundation for the current financial crisis. Therefore, the choice is clear: Do you want a plutocrat or a man of the people at 1600 Pennsylvania Avenue come January?
http://simonbau.blog.com/2012/06/18/a-plutocrat-and-a-gentleman/