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Debates Forum

  1. Standard memberwolfgang59
    Mr. Wolf
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    10 Dec '17 19:05
    After reducing state taxes on the wealthy the "trickle down"
    effect trickled down and rejuvenated the State's economy.

    Except it didn't.

    The State's books would make some third World countries
    look affluent. They can't afford to run the prisons, can't
    afford to repair the roads. What next? Rationing the Police
    on how many blacks they can kill? Things are bad. Very sad!
  2. Joined
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    10 Dec '17 19:28
    Originally posted by @wolfgang59
    After reducing state taxes on the wealthy the "trickle down"
    effect trickled down and rejuvenated the State's economy.

    Except it didn't.

    The State's books would make some third World countries
    look affluent. They can't afford to run the prisons, can't
    afford to repair the roads. What next? Rationing the Police
    on how many blacks they can kill? Things are bad. Very sad!
    https://www.forbes.com/sites/rexsinquefield/2016/07/18/kansas-an-unsung-hero-for-economic-growth/#7cb5e9ee58f4
  3. Standard memberwolfgang59
    Mr. Wolf
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    10 Dec '17 19:41
    Originally posted by @mott-the-hoople
    https://www.forbes.com/sites/rexsinquefield/2016/07/18/kansas-an-unsung-hero-for-economic-growth/#7cb5e9ee58f4
    "The Brownback experiment didn’t work. We saw that loud and clear."

    — Kansas Center for Economic Growth 2017
  4. Standard memberwolfgang59
    Mr. Wolf
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    10 Dec '17 19:42
    Originally posted by @mott-the-hoople
    https://www.forbes.com/sites/rexsinquefield/2016/07/18/kansas-an-unsung-hero-for-economic-growth/#7cb5e9ee58f4
    In the summer of 2016 S&P Global Ratings downgraded Kansas' credit rating.

    In February 2017, S&P lowered it to AA-.
  5. Standard memberwolfgang59
    Mr. Wolf
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    10 Dec '17 19:44
    Originally posted by @mott-the-hoople
    https://www.forbes.com/sites/rexsinquefield/2016/07/18/kansas-an-unsung-hero-for-economic-growth/#7cb5e9ee58f4
    Brownback's tax overhaul was described in a June 2017 article in The Atlantic as
    the United States' "most aggressive experiment in conservative economic policy".
    The drastic tax cuts had "threatened the viability of schools and infrastructure" in Kansas.

    https://en.wikipedia.org/wiki/Kansas
  6. Standard memberwolfgang59
    Mr. Wolf
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    10 Dec '17 19:49
    Originally posted by @mott-the-hoople
    https://www.forbes.com/sites/rexsinquefield/2016/07/18/kansas-an-unsung-hero-for-economic-growth/#7cb5e9ee58f4
    Got anything from a reputable site??
  7. Joined
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    10 Dec '17 19:52
    Originally posted by @wolfgang59
    In the summer of 2016 S&P Global Ratings downgraded Kansas' credit rating.

    In February 2017, S&P lowered it to AA-.
    many states are in a budget crisis...

    http://www.washingtonpost.com/wp-srv/special/politics/state-budget-crisis/
  8. Joined
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    10 Dec '17 22:38
    Originally posted by @wolfgang59
    After reducing state taxes on the wealthy the "trickle down"
    effect trickled down and rejuvenated the State's economy.

    Except it didn't.

    The State's books would make some third World countries
    look affluent. They can't afford to run the prisons, can't
    afford to repair the roads. What next? Rationing the Police
    on how many blacks they can kill? Things are bad. Very sad!
    trickle down economics relies on the gullibility of conservative americans and eforcing the divide between as many groups as possible. trust US, not THEM

    THEY are atheists.
    THEY are socialists.
    THEY want to kill BABIES through ABORTIONS.
    WE are christians. you can trust us. If you are with US, you believe in the american dream. The dream that taking wealth away from the rich will hurt YOU, because you are mere moments away from becoming rich yourself. THEY are lazy. THEY are trying to take YOUR money. THEY went to a business school and are telling you trickle down economics is a lie? THEY are elitist socialists. THEY are lying. TRUST US, we republican billionaires are not elitist, we are one of you guys. WE are looking out for YOU.
  9. Joined
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    10 Dec '17 22:41
    Originally posted by @wolfgang59
    After reducing state taxes on the wealthy the "trickle down"
    effect trickled down and rejuvenated the State's economy.

    Except it didn't.

    The State's books would make some third World countries
    look affluent. They can't afford to run the prisons, can't
    afford to repair the roads. What next? Rationing the Police
    on how many blacks they can kill? Things are bad. Very sad!
    People in the high tax areas like the Northeast are continually move down south because taxes are lower. But feel free to pretend that lower taxes doesn't help people.
  10. Joined
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    10 Dec '17 22:48
    It really doesn't take a genius to realize trickle down economics doesn't work. Millionaires and billionaires are not all job creators. Few of them in fact are. Even if you ignore for a moment the obvious evidence that millionaires pocket these tax cuts instead of creating jobs, most of them will simply put it in a bank account.


    The second reason this monumental scam doesn't work is that no job creator in the history of creating jobs did so just so he could employ more people.

    If you make any product, you only increase production if you can't keep up with demand. Demand that is created by the 99.9% of the population, the low and middle class. If they don't have money to spend they won't buy the products. Why the hell would a millionaire produce more product if he can't sell it?

    If i am living day to day, on a less than living wage, i am not going to buy a tv. I am not buying a fridge. I am not going to buy a car. I might not even take my current junk heap to a mechanic. If i am ever going to save something, i am putting it in a bank account just so i have some savings for the inevitable job outsourcing to china when i become unemployed.

    That's why trickle down economics doesn't work and Bernie Sanders' "give living wages to the low and middle class" is.
  11. Joined
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    10 Dec '17 22:49
    Originally posted by @quackquack
    People in the high tax areas like the Northeast are continually move down south because taxes are lower. But feel free to pretend that lower taxes doesn't help people.
    prove it
  12. SubscriberSuzianne
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    10 Dec '17 22:54
    Originally posted by @mott-the-hoople
    https://www.forbes.com/sites/rexsinquefield/2016/07/18/kansas-an-unsung-hero-for-economic-growth/#7cb5e9ee58f4
    Forbes Magazine, yeah.

    Like they have nothing to gain from keeping the dream of 'trickle-down' alive.
  13. SubscriberAThousandYoung
    iEn guardia, Ingles!
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    10 Dec '17 22:56
    Originally posted by @quackquack
    People in the high tax areas like the Northeast are continually move down south because taxes are lower. But feel free to pretend that lower taxes doesn't help people.
    Some people retire to Mexico that doesn’t mean the Mexican economy is thriving
  14. Joined
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    11 Dec '17 00:29
    Kansas increased taxes recently I believe. Oklahoma needs to stop sending tax money to big oil and the Thunder and reinstate old tax rates.

    Having said that I do not believe it will happen.
  15. Standard membervivify
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    11 Dec '17 01:273 edits
    Originally posted by @quackquack
    People in the high tax areas like the Northeast are continually move down south because taxes are lower. But feel free to pretend that lower taxes doesn't help people.
    That's quite different from simply giving money to the rich through tax breaks.

    Businesses move to lower-tax havens to increase profits. The Republican tax break requires them to do NOTHING; the work is done for them. Therefore, there is no need to create more jobs.

    You've been duped by a scam.
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