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Originally Posted by flstf
I agree that raising taxes seems to be bad for GDP but in all fairness the wealthy should pay at least a little higher percentage of their income as the poor and middle class do to support our government. As it stands now lower income people who spend almost everything they make on goods and services probaby pay a higher percentage.
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But if it lowers over all tax collected, all you are doing is a feel good measure, a little 'get even with them is'm. The government is already mostly paid for by the rich at income tax levels, and by mostly I'm talking just about all of it. It only matters where you decide 'rich' is.
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Originally Posted by roachboy
so you're using a supply side economist's work as data to demonstrate a supply-side hypothesis and you draw from it supply-side conclusions.
it's what we call a tautology.
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Being a master of economics and money tell us oh roachboy, what should we be using?
One of your theories of government? Perhaps the one that leads to genocide and poverty, or maybe just one that leads to poverty?