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Romney`s Tax Plan

Finally a website that breaks it down.

submitted by: madest
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Hits: 9334 | Favorites: 3 | Emailed: 1 | Rating: 2.9 | Category: News & Politics | Date: 10/16/2012
 
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Cajun247
Male, 18-29, Southern US
 10282 Posts
Thursday, October 18, 2012 1:40:57 PM
and almost certainly well below the theoretical optimum rate for revenue production


Except taxes were higher post-FDR admins and the govt did not have increased revenues. Moving right along.

[quote]except that we would presently be in a DEFLATIONARY meltdown if it weren't for the US Federal Reserve (and other national banks) doing everything short of giving away cash to prevent it.[/quote]

We`re hardly at risk for that.

comp_wizard
Male, 18-29, Eastern US
 195 Posts
Thursday, October 18, 2012 11:04:04 AM
I'd worry about hyperinflation, except that we would presently be in a DEFLATIONARY meltdown if it weren`t for the US Federal Reserve (and other national banks) doing everything short of giving away cash to prevent it.

As for Laffer curves, keep in mind that the current US tax rate is the lowest in history, and almost certainly well below the theoretical optimum rate for revenue production.

5Cats
Male, 50-59, Canada
 25750 Posts
Wednesday, October 17, 2012 10:44:24 PM
"ONLY" 5 TRILLION!!!
LOLZ!
That's what you have said on several other threads @HolyGod: Don`t even TRY to deny it!
LMAO...

"Not 6 trillion, it`s just 5 trillion! Bush is, like, totally at fault!" =@HG

5Cats
Male, 50-59, Canada
 25750 Posts
Wednesday, October 17, 2012 10:41:37 PM
He is the first president ever to not achieve what he said he planned to do.

BUT @HG: Obama IS THE FIRST to ring up 6 TRILLION IN DEBT in just 4 years! Or 8 years, or EVER!
Admit it, this is true! You can "split hairs" and try to claim "ONLY 5 TRILLION" but it's still #1!
Obama is #1! (In fail!)

[quote]Obama`s not so bad.[/quote]
@madest:
Hitler`s not so bad...
Stalin`s not so bad...
Pol Pot`s not so bad...

Hey! This is EASY! No wonder people become libtards, it requires NO thinking at all!


AvatarJohn
Male, 30-39, Southern US
 1004 Posts
Wednesday, October 17, 2012 10:09:30 PM
It's not a zero sum game, people. It`s simple. It`s called the Laffer Curve. Look it up. It works every time.

On the other hand, do you want 5 trillion more debt and more double-digit unemployment with gas at $10/gallon? If Obama is elected, we have 18-24 months, tops, before total economic collapse. Hyperinflation, 25%+ unemployment, riots, martial law, complete government collapse and possible civil war. You like self punishment, Gerry? Go ahead and vote for THAT!

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