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Started By
Message
Fox News guest storms off show after host refuses to accept tax math
Posted on 11/10/17 at 6:33 pm
Posted on 11/10/17 at 6:33 pm
quote:
New Policy Institute founder Simon Rosenberg appeared on Fox News and tried to make a point about how the proposed Republican tax plan would actually raise taxes on middle-income families as time passes.
“Over time, a majority of middle-class people will be paying more in taxes rather than less,” he explained.
Fox News host Melissa Francis didn't like the numbers he was using, so she told him they didn't count.
“No, no, I don’t accept that math. It’s static analysis, and I don’t accept static analysis. I only agree with dynamic analysis, because when you cut, the economy’s going to grow."
Static analysis is the method the U.S. Congressional Budget Office uses to project the economic impact of tax policies. Predictably, dynamic analysis is a method used by conservative organizations that rely on an assumption that economic growth will be stimulated by tax cuts which will increase overall tax revenue, despite years of evidence that this does not happen.
At the end of the contentious segment, Francis tried to make a joke about how she and the guest needed to "get a drink sometime," because they can't "fight like this all the time."
Rosenberg was completely over it.
“Melissa, don't worry. I’m never coming back on this show ever again, so it doesn't matter,” Rosenberg said. “Thank you.”
Watch the segment below.
LINK
17
Posted on 11/10/17 at 6:35 pm to iPadThai
Again?
Posted on 11/10/17 at 6:42 pm to iPadThai
Static analysis is idiotic.
Sure, tax policy never influences behavior.
Sure, tax policy never influences behavior.
Posted on 11/10/17 at 6:42 pm to iPadThai
Static analysis is completely unrealistic.
Posted on 11/10/17 at 6:44 pm to iPadThai
She's right, though
Posted on 11/10/17 at 6:48 pm to udtiger
quote:
Static analysis is completely unrealistic.
Beside the point.
Smart hot chick invites stupid obnoxious fig out for a drink.
Y’all know what happened from there. That’s the story here.
lol demofag
Posted on 11/10/17 at 6:48 pm to iPadThai
quote:
Rosenberg
What a lil biatch.
Love Melissa though, she doesn't hold back.
Posted on 11/10/17 at 6:51 pm to iPadThai
They were both A-holes on that segment.
He never answered the question and acted holier than thou.
She was rude and acted like she is the smartest person in the building.
That doesn't make good television, nor good debate, in my opinion.
He never answered the question and acted holier than thou.
She was rude and acted like she is the smartest person in the building.
That doesn't make good television, nor good debate, in my opinion.
Posted on 11/10/17 at 7:38 pm to iPadThai
quote:
that rely on an assumption that economic growth will be stimulated by tax cuts which will increase overall tax revenue, despite years of evidence that this does not happen.
Posted on 11/10/17 at 7:48 pm to Pinecone Repair
quote:
that rely on an assumption that economic growth will be stimulated by tax cuts which will increase overall tax revenue, despite years of evidence that this does not happen.
Oh, this is from Salon. Carry on...
Posted on 11/10/17 at 7:56 pm to iPadThai
quote:
dynamic analysis is a method used by conservative organizations that rely on an assumption that economic growth will be stimulated by tax cuts which will increase overall tax revenue, despite years of evidence that this does not happen.
The Bush tax cuts raised revenues to the highest the nation had ever seen up to that point.
Posted on 11/10/17 at 8:04 pm to SlapahoeTribe
Wait so more money in my bank account doesn't mean I can spend the additional money?
Liberal logic fails so hard.
Liberal logic fails so hard.
Posted on 11/10/17 at 8:20 pm to iPadThai
Static analysis of anything that includes human variables is almost always wrong, on the other hand, dynamic analysis requires predictive analytics which are just as often wrong.
My problem with American tax policy is it basically never stays the same long enough to truly determine what a particular policy actually does or does not do. We make kneejerk changes and tweaks constantly and never let a single policy pan out. The Trump administration's proposal hurts me but that is based on static numbers, I am all for letting it run for a while and see how it impacts the economy long term. I like the idea of corporate cuts but without engineering the use of that extra money in the corporations pockets I am dubious they won't just sit on it in fear the next administration won't return the rates to the current 35%.
My problem with American tax policy is it basically never stays the same long enough to truly determine what a particular policy actually does or does not do. We make kneejerk changes and tweaks constantly and never let a single policy pan out. The Trump administration's proposal hurts me but that is based on static numbers, I am all for letting it run for a while and see how it impacts the economy long term. I like the idea of corporate cuts but without engineering the use of that extra money in the corporations pockets I am dubious they won't just sit on it in fear the next administration won't return the rates to the current 35%.
Posted on 11/10/17 at 8:24 pm to iPadThai
To be fair to the Fox host, Dems have argued that math is racist. Do you want her to be racist?
Posted on 11/10/17 at 8:41 pm to iPadThai
Yep just looked at the article's author's twitter. Complete left wing lunatic
Posted on 11/10/17 at 8:50 pm to iPadThai
quote:ensure that no workable economic program can ever pass muster. And has never been witnessed outside the covers of an elementary math book.
Static analysis is the method the U.S. Congressional Budget Office uses to
quote:to model how they world actually works. And has been proven to work through the history of economic systems.
dynamic analysis is a method used
So yeah - anybody arguing that dynamic analysis is lower quality than static analysis is substituting arithmetic skills in a theoretical hypothesis for real predictive analysis of how economic systems actually work.
Posted on 11/10/17 at 9:04 pm to iPadThai
quote:
Predictably, dynamic analysis is a method used by conservative organizations that rely on an assumption that economic growth will be stimulated by tax cuts which will increase overall tax revenue, despite years of evidence that this does not happen.
Off the top of my head I can think of three major tax decrease policies that generated economic growth which led to significant increases in tax revenue.
I can only think of one time it didnt....and that came during a period of global turmoil, a war on two fronts, a housing bubble exploding slamming banking and financial markets, a terrorist attack which caused the Dow to loose almost %50, several major national disasters and a global recession.
Posted on 11/10/17 at 9:20 pm to SlapahoeTribe
quote:
The Bush tax cuts raised revenues to the highest the nation had ever seen up to that point.
Gee, how do you explain the explosion in the deficit at the same time?
Posted on 11/10/17 at 9:22 pm to TBoy
quote:2 wars, medicare part d, etc.
Gee, how do you explain the explosion in the deficit at the same time?
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