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Alright, so lets start it off by saying some morons think that republicans said don't tax the rich and it will "trickle" down benefits to the regular folk.
The WORST PRESIDENT EVER AKA OBAMA even parroted this lie like the filthy commie scum he is.
Now, Thomas Sowell, a well respected Economist challenged anyone to PROVE any real economist or president made this claim and to date no one has provided proof.
But commie dipshit Obama spouts it......hmmm....
Ok, so back on track. Here is a theory.
This means that we lower the taxes even for the rich and corporations and there would actually be more economic growth and taxes collected----which idiots might think is contradictory.
Ok, so this is a theory that can be tested.
Well, it has been tested 4 TIMES all with the SAME RESULTS.
The effect on economy was increase rate of rate of growth, increased revenue received by the government, the rich actually paid more taxes even though it was "tax cuts for the rich" and the rich paid a higher percentage of all taxes.
SO IT WORKS.
Well, who did it? 1) bush, 2) reagan, 3) kennedy, 4) andrew melon in 20s
NOTICE JFK on there and he was a democrat. Back then there was no partisan difference on taxes. Way to go dems!!!
One in depth example:
in the early 20s tax rate on top income was 73% and people making over 100k paid 30% of all taxes
by the end of the 20s tax rate cut to 24% on the top incomes and peole making over 100k paid 65% of all taxes
The truth is if you tax the rich and corporations they will not pay it. They put their money into tax exempt securities.
But if you want symbolic tax hike to get votes then you can pretend that taxing the rich extra is a good thing (thanks again dems!)
But don't listen to me, listen to an expert
Uh oh, I wonder if the democrats would call him a mediocre (racist term), even though he grew up in Harlem and worked his way to where he is and is very brilliant and successful----you know how much the dems hate that.
The WORST PRESIDENT EVER AKA OBAMA even parroted this lie like the filthy commie scum he is.
Now, Thomas Sowell, a well respected Economist challenged anyone to PROVE any real economist or president made this claim and to date no one has provided proof.
But commie dipshit Obama spouts it......hmmm....
Ok, so back on track. Here is a theory.
This means that we lower the taxes even for the rich and corporations and there would actually be more economic growth and taxes collected----which idiots might think is contradictory.
Ok, so this is a theory that can be tested.
Well, it has been tested 4 TIMES all with the SAME RESULTS.
The effect on economy was increase rate of rate of growth, increased revenue received by the government, the rich actually paid more taxes even though it was "tax cuts for the rich" and the rich paid a higher percentage of all taxes.
SO IT WORKS.
Well, who did it? 1) bush, 2) reagan, 3) kennedy, 4) andrew melon in 20s
NOTICE JFK on there and he was a democrat. Back then there was no partisan difference on taxes. Way to go dems!!!
One in depth example:
in the early 20s tax rate on top income was 73% and people making over 100k paid 30% of all taxes
by the end of the 20s tax rate cut to 24% on the top incomes and peole making over 100k paid 65% of all taxes
The truth is if you tax the rich and corporations they will not pay it. They put their money into tax exempt securities.
But if you want symbolic tax hike to get votes then you can pretend that taxing the rich extra is a good thing (thanks again dems!)
But don't listen to me, listen to an expert
Uh oh, I wonder if the democrats would call him a mediocre (racist term), even though he grew up in Harlem and worked his way to where he is and is very brilliant and successful----you know how much the dems hate that.
