Shemp,
So you advocate lowering income tax rates. At what rate of
income is tax revenue maximized ? Please don't insult our intelligence by
suggesting 0%.
-Mainstream
--- In [email protected], "ShempMcGurk" <shempmcg...@...> wrote:
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> --- In [email protected], off_world_beings <no_reply@> wrote:
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> [snip]
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> >
> > That's peanuts. Am I right you are therefore against the Bush tax cuts
> > for the rich because of this scenario?
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> No, that is precisely why I am FOR the tax cuts for the HIGHER tax brackets
> (which, yes, affect the rich).
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> Lowering the higher tax brackets INCREASED tax revenue.
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> The problem was lowing the lower tax brackets which DECREASED tax revenues.
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> > That would have made this figure
> > smaller per person,
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> No, the opposite would have happened. You know not of what you speak.
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> > and the rich, who are experts at avoiding taxes by
> > all legal means, would hardly notice any significant difference if those
> > tax cuts were repealled. Problem solved, debt paid.
> >
> > Bush left us with a national debt of 11.3 trillion dollars, plus he hid
> > the cost of the Afghanistan and Iraq wars.
> >
> > The national debt clock today shows 12.5 trillion, and Obama had the war
> > costs put on the books properly.
> >
> > So what's your point again Shemp? I don't get it.
> >
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> Keep reading the post over and over again until you do.
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> > OffWorld
> >
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