fireworks with Trump in DC

[detbuch]

Originally Posted by wdmso

Thats been my point all along he doesn't have the Maturity to be POTUS but no one has an issue with it as long he gives them something they want ... like lowering the corporate tax rate the fact are trickle down economics dont work .. and hows he paying for this ?

Since you conveniently avoided answering the question " If you truly believe that "trickle down" doesn't work, then why on earth are you for government trickle down policy?", you should absolutely read this entire article by Thomas Sowell regarding the bogus notion of "Trickle Down theory of economics":

http://www.tsowell.com/images/Hoover%20Proof.pdf

There is no such theory. This fabricated notion of "trickle down" is used in trying to discredit the proven connection between lowering tax rates, including and especially for the wealthy, and the following increase in federal tax revenue. How successful this ruse is in convincing those who don't know the real history, nor how economy and taxation work together, is demonstrated by how you refer to the trickle down theory and confidently state that it doesn't work.

If you're interested in the truth of the matter rather than regurgitating false political talking points, please read the whole article.

[wdmso]

Originally Posted by detbuch

Since you conveniently avoided answering the question " If you truly believe that "trickle down" doesn't work, then why on earth are you for government trickle down policy?", you should absolutely read this entire article by Thomas Sowell regarding the bogus notion of "Trickle Down theory of economics":

http://www.tsowell.com/images/Hoover%20Proof.pdf

There is no such theory. This fabricated notion of "trickle down" is used in trying to discredit the proven connection between lowering tax rates, including and especially for the wealthy, and the following increase in federal tax revenue. How successful this ruse is in convincing those who don't know the real history, nor how economy and taxation work together, is demonstrated by how you refer to the trickle down theory and confidently state that it doesn't work.

If you're interested in the truth of the matter rather than regurgitating false political talking points, please read the whole article.

https://www.thebalance.com/trickle-d...t-work-3305572

Trickle-down economics says that Reagan's lower tax rates should have helped people in all income levels. In fact, the opposite occurred. Income inequality worsened. Between 1979 and 2005, after-tax household income rose 6 percent for the bottom fifth. That sounds great until you see what happened for the top fifth. Their income increased by 80 percent. The top 1 percent saw their income triple. Instead of trickling down, it appears that prosperity trickled up.

is that a talking point ? no those are the facts... funny how your the only one here that posts the Truth .

[scottw]

Originally Posted by wdmso

Income inequality worsened.

after-tax household income rose 6 percent for the bottom fifth. That sounds great so you're saying everyone's income went up

doesn't income have more to do with the motivation and drive of the individual than government policy? and that would be directly affected by opportunity available and a vibrant economy with as much money flowing through it as possible?....the idea with "trickle down" was/is that there was more money moving through the free market economy as opposed to more money controlled and doled out through government agencies and coffers...I don't think there was ever any promise of "Income Equality"....whether the individual takes advantage of that or not is up to them....I guess if you are locked into a job where your pay scale and advancement opportunity is pre-determined it would not matter either way except to complain that others are getting "richer"

[spence]

Originally Posted by scottw

doesn't income have more to do with the motivation and drive of the individual than government policy? and that would be directly affected by opportunity available and a vibrant economy with as much money flowing through it as possible?....the idea with "trickle down" was/is that there was more money moving through the free market economy as opposed to more money controlled and doled out through government agencies and coffers...I don't think there was ever any promise of "Income Equality"....whether the individual takes advantage of that or not is up to them....I guess if you are locked into a job where your pay scale and advancement opportunity is pre-determined it would not matter either way except to complain that others are getting "richer"

What a crock.