2020 Presidential Race

#86,831
#86,831
lostsheep said:
Actually, tax cuts do cause a reduction in revenue.
Now...if expenditures aren’t decreased simultaneously then that is a problem.
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Take a careful look at the graph Rifleman posted. Notice the number of years on the X axis. During those years tax rates have changed a lot. Revenue falls within a band between 15-20% of GDP. Your claim isn't supported by the data contained in the graph.
 
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#86,838
#86,838
Rifleman said:
Recessions are what cause revenue reductions and a tax cut is a great stimulant to keep you out of one.
In a sane world tax policy would flex with current economic conditions.
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I cannot find the source. I've actually been periodically looking for a couple of years now. But the source makes a case for stability creating the best environment for a robust and dynamic economy. A couple from memory are stable currency, little change in economic policy in the government, etc. I THINK one of the others was tax table which are set and do not fluctuate much if at all.
 
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#86,839
#86,839
McDad said:
I cannot find the source. I've actually been periodically looking for a couple of years now. But the source makes a case for stability creating the best environment for a robust and dynamic economy. A couple from memory are stable currency, little change in economic policy in the government, etc. I THINK one of the others was tax table which are set and do not fluctuate much if at all.
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It wouldn’t be that hard to optimize if humans weren’t so irrational. Each party has just thrown away certain tools in the toolbox.

Maybe if the coming AI overlord doesn’t kill us it will help us out on these issues.
 
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#86,840
#86,840
Rifleman said:
It wouldn’t be that hard to optimize if humans weren’t so irrational. Each party has just thrown away certain tools in the toolbox.

Maybe if the coming AI overlord doesn’t kill us it will help us out on these issues.
Click to expand...

This economics stuff is over my head.

But what I do know is that the stock market was up yesterday because of Trump, but is down today because of Biden.
 
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#86,841
#86,841
Stew Cook said:
This economics stuff is over my head.

But what I do know is that the stock market was up yesterday because of Trump, but is down today because of Biden.
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You’re trying too hard again. In the longer term for the year yeah Trumps policies have had the rising impact. In the short term right now it’s ping ponging around between “yay COVID vaccine” and “oh no ******* governors are shutting their economies down because of COVID”
 
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#86,842
#86,842
0nelilreb said:
What guns ? I wouldn’t even think of purchasing a “right “ granted to me by the constitution that they are willing to put extra taxes on me , just to own . 😉
I don’t think the easiest way to fix our election process is to charge every voter $200 and that money go directly to feeding and buying clothes for the homeless in each state . That will solve a lot of problems we are having .
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24th Amendment
 
#86,844
#86,844
NorthDallas40 said:
You’re trying too hard again. In the longer term for the year yeah Trumps policies have had the rising impact. In the short term right now it’s ping ponging around between “yay COVID vaccine” and “oh no ******* governors are shutting their economies down because of COVID”
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Sure COVID concerns, but I think you may be minimizing the reality of its trajectory, and assuming that restrictions will be staggered and purely arbitrary vs necessary.and widespread.

I think the market may be calculating that this happy Thanksgiving is going to bring about a not so merry Christmas.
 
#86,845
#86,845
Stew Cook said:
Sure COVID concerns, but I think you may be minimizing the reality of its trajectory, and assuming that restrictions will be staggered and purely arbitrary vs necessary.and widespread.

I think the market may be calculating that this happy Thanksgiving is going to bring about a not so merry Christmas.
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Since everybody has been locked up all damn year it’s expected they have a surplus of discretionary funds and retailers are still expecting a rise in Christmas spending. Read a report on it this morning.
 
#86,847
#86,847
0nelilreb said:
That’s almost as strong a language as the 2nd Amendment. Anyway ,I was told the other day by an attorney we only need to get the right judges on SCOTUS and that pesky language stuff doesn’t matter .
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Makes sense. Words have meanings, but the meanings change over time. Therefore the intent of the constitution must be measured by what those words meant at the time.

So, yeah.. 5 people need to agree.
 
#86,848
#86,848
Rifleman said:
Recessions are what cause revenue reductions and a tax cut is a great stimulant to keep you out of one.

In a sane world tax policy would flex with current economic conditions.
Click to expand...

In a sane world spending would flex with current economic conditions.
 
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#86,849
#86,849
Stew Cook said:
Makes sense. Words have meanings, but the meanings change over time. Therefore the intent of the constitution must be measured by what those words meant at the time.

So, yeah.. 5 people need to agree.
Click to expand...

That’s such a leftist thing to say . when you can’t get what you want head on you just try to attorney your way in .
 
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