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Turd.FergusonBasically Rand Paul stated he would abolish tax codes and make a flat 14% tax rate. How the fuck is that possible. I know the neighbors up north all pay around 15%, but they also only have to guard one border, they have an exponentially smaller military, and their Universal Healthcare does not cover any prescriptions etc. I'm just curious as to how he would do this (considering he has no power to do so) and wondering if any of you knew more about it than I did.
S.J.WRand Paul is a libertarian. Meaning he believes in free market, low taxes, personal responsibility. 14% flat tax rate is pretty stupid. Any person with two braincells to rub together knows a progressive tax rate is a much better option. But the question then is how much should the rich pay as tax?
S.J.WRand Paul is a libertarian. Meaning he believes in free market, low taxes, personal responsibility. 14% flat tax rate is pretty stupid. Any person with two braincells to rub together knows a progressive tax rate is a much better option. But the question then is how much should the rich pay as tax?
ck0belskiLibertarians are far too idealistic. I mean, do you really believe that the average citizen will want to repair deteriorating infrastructure just because of a 14% flat tax? No! People always need incentives to do that kind of work, which is why a portion of our taxes are allocated to that sector. If you abolish progressive tax, you idealize the people, which is a dangerous game.
/end cynical rant
_Fluffy_A member posted this a while back
https://www.newschoolers.com/videos/watch/773032/The-Rich-Are-Taxed-Enough--Debate--Intelligence-Squared-U-S-
If you know who Robert Reich is then you understand how valuable his words are. The last time the country ran a surpluss was under his watch.
_Fluffy_A member posted this a while back
https://www.newschoolers.com/videos/watch/773032/The-Rich-Are-Taxed-Enough--Debate--Intelligence-Squared-U-S-
If you know who Robert Reich is then you understand how valuable his words are. The last time the country ran a surpluss was under his watch.
louie.miragsRand=/=Ron
.
ButtahMastahhttp://time.com/money/4052714/trump-tax-plan/
Donald Trump has a plan where if you make less than 25k a year you just send the IRS a sheet of paper that says "I win".
It's like if you are losing at life then you get to at least say you are winning something.
_Fluffy_You do know that the clinton surplus was a leading cause of the fannie mae freddie mac debt boom that caused the economic collapse of the bush years?
wtf are you talking about? the housing bubble of 2008 was Reichs fault?
I've never heard anyone every claim what you are trying to claim.
Please enlighten me....
JAHpowhttp://www.businessinsider.com/how-bill-clintons-balanced-budget-destroyed-the-economy-2012-9
He also supports the $15 minimum wage.
_Fluffy_Robert Reich was not mentioned in that article...
Ask for $15, get $10. That's how compromising (politics) works
JAHpowThat was in response to your "under his watch" quote.
Turd.FergusonBasically Rand Paul stated he would abolish tax codes and make a flat 14% tax rate.
JAHpowhttp://www.businessinsider.com/how-bill-clintons-balanced-budget-destroyed-the-economy-2012-9
He also supports the $15 minimum wage.
S.J.WIt's actually up to a fair amount of debate whether Clinton was a key figure in the GFC, there is no generally agreed upon answer. Where as it's generally agreed upon that Bush does deserve a fair amount of the blame for the GFC. As well as Wall Street and the American consumer as well
JAHpowRobert Reich, the same guy who has a degree in law, not economics, and got his secretary of labor job from the clintons because he was in bill and hillarys classes. You do know that the clinton surplus was a leading cause of the fannie mae freddie mac debt boom that caused the economic collapse of the bush years?
_Fluffy_He also was in the Gerald Ford and Jimmy Carter Administrations.
JAHpowBush attempted to increase oversight on fannie mae freddie mac to keep them from crashing but the democrats stopped him. There should be more blame on the lack of bipartisanism.
http://hotair.com/archives/2008/09/16/whose-policies-led-to-the-credit-crisis/
S.J.W" It was the Bush administration that wanted to rein in the madness in the credit markets, and the Democrats who wanted to extend the Clinton policies that created the crisis we have now." I was sort of taking the piece half seriously until I got down to the bottom and saw them linking to articles with titles such as "crush liberalism" and "right wing diva". Even fox news is laughing at that sites bias.
And Joe Weisenthal is pretty much the only credible economist to make the claim that Clinton is to hold the majority of the blame over the GFC. Like I said the majority of the economic community agrees upon that Bush deserves the most blame over the GFC.
http://www.forbes.com/sites/karlwhelan/2012/09/05/did-bill-clintons-budgets-really-destroy-the-american-economy/
S.J.WAnd Joe Weisenthal is pretty much the only credible economist to make the claim that Clinton is to hold the majority of the blame over the GFC.[/url]
Paedophile-PopeIt's quite a stretch to call an editor at Bloomberg an economist, let alone credible.
JAHpowHe was an analyst for a money management firm before he became a writer.
A little closer to economics than law....
DragonTalezWhat about Ben Carsons 10% tax rate plan?
