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Overnight Open Thread

226
Obdicut (Now with 2% less brain)1/03/2010 8:13:21 am PST

re: #217 SixDegrees

The Laffer curve doesn’t actually apply in this circumstance, unless you mean that you think the ‘left’ (whoever they are) are saying that rather than being on the left side of the curve, we’re on the right— which would be a completely reasonable thing to say.

Can you explain how you see the left invoking Reagonomics in any way?

You also haven’t yet explained how you feel the debt negatively affects the economy.

re: #218 lawhawk

A) Products and services are sold at the price the market would bear, so no, corporate taxes are not always passed down to the consumer.

B) I don’t know why you’re talking about corporate taxes anyway.

C)

The fact is that at no time in our nation’s history have so many people not been required to pay any tax at all - nearly 50% of US citizens pay no tax at the end of the year.

Sure, if you ignore American history before the income tax, that is. Also, your sentence was worded incorrectly— you say that many people are not required to pay tax, but what you mean is ‘income tax’. Those people pay money in other taxes.

re: #219 sattv4u2

You asked how the government could create a job. I answered. If you now want an answer of how the government can create thousands of jobs, I also answered that, in the rest of my explanation. If you disagree, that’s fine.

re: #222 Walter L. Newton


Can you explain where you see Reagonomics?