31 May 21
Why have a progressive tax structure, where Labor will suffer the most, with wages and benefits getting hit the hardest.? Why do that? 90% of us work for someone else. If they get hurt, then we get hurt.
Why change the stats (lowest unemployment in 50 years, etc) from what they were (before Covid). Household income was up over $5k in the last 3 years, and is sure to drop now. We have a booming economy, which cannot stand, with the increase in taxes, followed by reduction in investment.
We would have a higher tax burden than does China. All corps will leave here. Uncle Mort works at one. The economy will slide.
Thought I would out this out there, there is more, but you'd best get a grip and prepare if Uncle Joe gets his way. Uncle Joe vs Uncle Mort.
In terms of prosperity, the more you tax something, the less that there is of it. The more you reduce tax on something, the more of that something you have. Common economics.
Income Taxes were reduced From 91% to 70% in the 60's. Then reagan in the mid-80's reduced it down to about 30% and the economy took off. Trump dropped the corp tax rate to the lowest in history and minimized regulations on business. Biden now going to reverse that. mmmmmMMHHH!!!!!
Inflation is the cruelest tax, which has begun, and will wipe out the promise of Sleepy Joe to not tax the middle class. Yeah , right.
31 May 21
@averagejoe1 saidWhat a fairy tale.
Why have a progressive tax structure, where Labor will suffer the most, with wages and benefits getting hit the hardest.? Why do that? 90% of us work for someone else. If they get hurt, then we get hurt.
Why change the stats (lowest unemployment in 50 years, etc) from what they were (before Covid). Household income was up over $5k in the last 3 years, and is sure to d ...[text shortened]... h has begun, and will wipe out the promise of Sleepy Joe to not tax the middle class. Yeah , right.
Actually the best years for growth in the last 50 were under Bill Clinton who raised taxes on the wealthy. GNP growth under Trump was worse than any of the 7 Presidents before him, including Jimmy Carter. https://www.yahoo.com/now/gdp-growth-under-trump-compares-121008953.html
31 May 21
Or you can look at this chart: 5%, 6% or even better Real GDP growth was common in the 50's, 60's and 70s. After government policy centered on increasing the rich's share of the economy we haven't had such growth since 1984. https://www.thebalance.com/us-gdp-by-year-3305543
These policies have led to economic instability as the highest earners have seen their wages grow at 7x the rate of 90% of workers. https://www.epi.org/blog/top-1-0-percent-reaches-highest-wages-ever-up-157-percent-since-1979/#:~:text=and%20Julia%20Wolfe-,Top%201.0%20percent%20reaches%20highest%20wages%20ever%E2%80%94up%20157%20percent,(up%20only%201.0%20percent).
31 May 21
@no1marauder saidI guess i see it differently, along with many many economists from whim i havr elicited enough to know that NOW , if Biden prevails, the middle class will quite frankly be the ones to suffer. The rich? No problem.
Or you can look at this chart: 5%, 6% or even better Real GDP growth was common in the 50's, 60's and 70s. After government policy centered on increasing the rich's share of the economy we haven't had such growth since 1984. https://www.thebalance.com/us-gdp-by-year-3305543
These policies have led to economic instability as the highest earners have seen their wages gro ...[text shortened]... 20percent%20reaches%20highest%20wages%20ever%E2%80%94up%20157%20percent,(up%20only%201.0%20percent).
So go on with your perfectly researched history that was yesterday. You could just simply say that JFK Reagan and Trump were all wrong when they said lower taxes and prosperity will take off...... they were right. Look at THAT history.
@no1marauder saidPlease. More lessons on "How to lie with statistics"
What a fairy tale.
Actually the best years for growth in the last 50 were under Bill Clinton who raised taxes on the wealthy. GNP growth under Trump was worse than any of the 7 Presidents before him, including Jimmy Carter. https://www.yahoo.com/now/gdp-growth-under-trump-compares-121008953.html
Trump had a year of devastating COVID to deal with. Before COVID hit, Trump's GNP growth and unemployment stats ROCKED.
No one likes deceivers, No1.
@no1marauder saidYou actually have moved ahead of Duchess with overloaded questionable construction of myths of facts....and the LINKS!!! Jesus. Then Wildgrass piles in right behind you with various takes on history, while the USA is about to crumble TODAY! What a couple of turkeys.
Or you can look at this chart: 5%, 6% or even better Real GDP growth was common in the 50's, 60's and 70s. After government policy centered on increasing the rich's share of the economy we haven't had such growth since 1984. https://www.thebalance.com/us-gdp-by-year-3305543
These policies have led to economic instability as the highest earners have seen their wages gro ...[text shortened]... 20percent%20reaches%20highest%20wages%20ever%E2%80%94up%20157%20percent,(up%20only%201.0%20percent).
Well, I stopped what I was doing, and typed one google, "did Clinton raise taxes' off the top of my head, and this is the first to pop up. So, Clinton....not so good.
You can bury your head in the stacks at the library, but i suggest you spend your time warning any middle class friends that things will look a bit bleak for them and their families if Biden prevails. And he DOES have one hell of a machine.
Here is one of many links, speaking of links. Is Forbes good enough for you? Is that thread on Bidenflation over, you never came back on my last point. What is your obsession with income and wealth? Do you fellers want to kill the Golden Goose? Be veaddddy careful...
https://www.forbes.com/sites/charleskadlec/2012/07/16/the-dangerous-myth-about-the-bill-clinton-tax-increase/?sh=2c5979d36e8a
@earl-of-trumps saidAll due respects Marauder, we have all known that had it not been for Covid , Trump would have easily won, a huge percentage of the populous was wealthier (I know you hate that word, as do every person in the Biden administration , it flies right in their face). Trump stood up to every world leader, the tariff story, energy independence, showed the world who was First. (another word the libs hate,,,,,Why, you cannot be first and eeequuuallll at the same time, now can you?).
Please. More lessons on "How to lie with statistics"
Trump had a year of devastating COVID to deal with. Before COVID hit, Trump's GNP growth and unemployment stats ROCKED.
No one likes deceivers, No1.
So we know that, but I just never brought it up here because I could not have weathered the chatter from libs with their usual whining.
So, Earl makes the point for me as well, thanks Earl.
@earl-of-trumps saidNo, they didn't. The three year average GNP growth even before COVID was only about 2.5% and that after inheriting 7 years of growth.
Please. More lessons on "How to lie with statistics"
Trump had a year of devastating COVID to deal with. Before COVID hit, Trump's GNP growth and unemployment stats ROCKED.
No one likes deceivers, No1.
Trump accomplished even this meager accomplishment only by jacking up the deficit: "In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion." https://www.forbes.com/sites/chuckjones/2020/02/01/trumps-deficits-are-racing-past-obamas/?sh=4e1693a74819
Note that article was written before COVID.
@averagejoe1 saidAnother fairy tale. Trump was well behind in the polls to Biden long before COVID. https://www.realclearpolitics.com/epolls/2020/president/us/general_election_trump_vs_biden-6247.html
All due respects Marauder, we have all known that had it not been for Covid , Trump would have easily won, a huge percentage of the populous was wealthier (I know you hate that word, as do every person in the Biden administration , it flies right in their face). Trump stood up to every world leader, the tariff story, energy independence, showed the world who was First. ( ...[text shortened]... hatter from libs with their usual whining.
So, Earl makes the point for me as well, thanks Earl.
01 Jun 21
@no1marauder saidNow you are saying fairy tale, I thought only Suzianne could say that.
Another fairy tale. Trump was well behind in the polls to Biden long before COVID. https://www.realclearpolitics.com/epolls/2020/president/us/general_election_trump_vs_biden-6247.html
I don't research like you and Duchess do, but I just googled 'would Trump have lost without covid', and many like this popped up. So, who am I to believe?!??!?
https://theconversation.com/how-covid-19-led-to-donald-trumps-defeat-150110
01 Jun 21
@averagejoe1 said(Shrug) Their argument would be more compelling if they dealt with the polls which showed A) Biden well ahead of Trump for more than a year before the election (as already showed) and B) Trump having a negative favorability rating at the same time, usually by double digits. In fact, his best showing was in early April 2020, when the pandemic started to heat up. https://www.realclearpolitics.com/epolls/other/president/trumpbidenfavorability.html
Now you are saying fairy tale, I thought only Suzianne could say that.
I don't research like you and Duchess do, but I just googled 'would Trump have lost without covid', and many like this popped up. So, who am I to believe?!??!?
https://theconversation.com/how-covid-19-led-to-donald-trumps-defeat-150110
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01 Jun 21
@averagejoe1 saidIt doesn’t take over an ounce of common, unbiased sense to understand the politicisation of COVID was the tool used to take down Trump.
Now you are saying fairy tale, I thought only Suzianne could say that.
I don't research like you and Duchess do, but I just googled 'would Trump have lost without covid', and many like this popped up. So, who am I to believe?!??!?
https://theconversation.com/how-covid-19-led-to-donald-trumps-defeat-150110
That and civil unrest fanned hard by the hard left.
The economy and incredible employment numbers were too much to overcome otherwise.
People can continue to back their political leanings with agenda driven stats but sensible people can see through the BS.
Law and Order Republicans? No problem. Declare war on cops and since they literally have millions of encounters a year with unlawful citizens, just keep those cell phones handy for the those occasions when any of them respond poorly. The press will handle it from there, especially when it hurts a president who disdains it.
Economy rolling with tons of jobs? No problem. COVID will shut things down and send them home. Then give them government handouts under the guise of relief stimulus checks. After the election—well, that money can be more than made up through the taxes that come with hyper-inflation. High gas prices alone will make up a lot of it. And the folks still working—well, they have to get to work somehow. Many American workers are dependent upon automobiles for 100-plus mile round trip commutes daily to work. A whole lot are middle class. That’s who always foots the bill until…until it can’t.
01 Jun 21
@averagejoe1 saidWell, you do a quick google search and choose whatever pops up that sort of defends your position.
Now you are saying fairy tale, I thought only Suzianne could say that.
I don't research like you and Duchess do, but I just googled 'would Trump have lost without covid', and many like this popped up. So, who am I to believe?!??!?
https://theconversation.com/how-covid-19-led-to-donald-trumps-defeat-150110
Others do actual reaearch.
Who the hell do you think you should believe?
@shavixmir saidTHANKS, Shav. You make my exact point. Yes, libs and cons, myself and Marauder, can google all day to find a nice little website preaching our gospels. My point exactly. I wish we could have a rule to type what WE think instead of repeating what all the sites say. each site is of course biased, that is my point.
Well, you do a quick google search and choose whatever pops up that sort of defends your position.
Others do actual reaearch.
Who the hell do you think you should believe?
Marauder sends out about 2links per post, all favorable for him. So, I put down my coffee and find 2 that are counter to his, and so it goes. Gets boring. I do think it strange that any human could think that with the way things were going under Trump (check out ANY site to see the govt figures on income, etc) that he would not have easily won. Yeah, run for the security of links to make your points. Borilng. For the record, I have NEVER been polled. So what are the references to polls all about, should we all jump on that for comfort? I have never been polled. Marauder, have you ever been polled?