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re: Curious as to board’s opinion on KS austerity...
Posted on 12/20/17 at 12:46 pm to RogerTheShrubber
Posted on 12/20/17 at 12:46 pm to RogerTheShrubber
I have no idea what this is supposed to prove.
1
Posted on 12/20/17 at 12:50 pm to SleauxPlay
quote:
Would someone with a lick of economic sense explain to me why Brownback’s governance, which seems to be a pure expression of a lot of the conservative principles this board supports, was such an abject failure?
1) It isn't as bad as the dems want to make it out to be. I am going to assume you read some KC star articles about this.
2) The principles employed in Kansas were not going to have the impact in a state like Texas. Any benefits are going to take longer to come to fruition.
3) Do you know who the previous governor of Kansas was? I'll give you a hint. Obamacare roll out.
Posted on 12/20/17 at 12:55 pm to atlgamecockman
quote:
Can someone explain why the high GDP growth is occurring during Democratic presidencies for the most part
Jfk was a trickle down guy. Growth under Clinton came after cutting Capital Gains taxes, the dot.com boom and welfare reform.
It's policy, being at the right place at the right time. Not R or D
Posted on 12/20/17 at 12:56 pm to Iosh
quote:
I have no idea what this is supposed to prove.
Doesn't surprise me
Posted on 12/20/17 at 12:57 pm to SleauxPlay
quote:
Feel free to let me know how your graph supports or refutes the point you’ve quoted.
You'll figure it out.
Posted on 12/20/17 at 12:59 pm to RogerTheShrubber
What an immense contribution to the thread.
Posted on 12/20/17 at 1:01 pm to bonhoeffer45
quote:
Because trickle-down economics, has been and still is a bunch of nonsense
Leftists LOVE trickle down.
They just call it by a different name:
Tax and spend Keynesian economics.
They don't disagree with trickle down they only disagree about who controls the trickle.
Government or private sector.
This post was edited on 12/20/17 at 1:21 pm
Posted on 12/20/17 at 1:01 pm to SleauxPlay
quote:
What an immense contribution to the thread.
The thread was based upon a faulty premise. This is why you didn't choose to answer my 2 simple questions.
It's hard to build a decent thread from faulty premise.
Posted on 12/20/17 at 1:01 pm to SleauxPlay
quote:
What an immense contribution to the thread.
I can't help your historical ignorance.
Economic growth can certainly be tied to "trickle down economics"
Posted on 12/20/17 at 1:02 pm to bonhoeffer45
You in a tax thread is excruciating to watch. So much ignorance and so much hubris. It is an amazing combination
No it isn't. You claimed Kansas cut spending "a lot". The data proved that false. You try to use inflation as your out. Great. Show your work. What was inflation during those years...apply it to the spending and now quantify what "cut spending by a lot" means.
Or admit you were ignorant to the facts.
You clearly don't know what this means. Kansas does not write one check to the federal government. Neither does California or any other state. Citizens of those states pay their federal taxes. States receive federal funds for all sorts of things. Of course a large portion of that is welfare that was pushed by Dems. So unless you are advocating for large cuts to welfare, your little sidenote here has zero relevance in a tax thread.
You demand others explain things to you when iu clearly don't have a grasp of the basics. It's amazing.
quote:
It's a function of breakdown of expenditures
No it isn't. You claimed Kansas cut spending "a lot". The data proved that false. You try to use inflation as your out. Great. Show your work. What was inflation during those years...apply it to the spending and now quantify what "cut spending by a lot" means.
Or admit you were ignorant to the facts.
quote:
Kansas is a net negative federal tax state
You clearly don't know what this means. Kansas does not write one check to the federal government. Neither does California or any other state. Citizens of those states pay their federal taxes. States receive federal funds for all sorts of things. Of course a large portion of that is welfare that was pushed by Dems. So unless you are advocating for large cuts to welfare, your little sidenote here has zero relevance in a tax thread.
You demand others explain things to you when iu clearly don't have a grasp of the basics. It's amazing.
Posted on 12/20/17 at 1:02 pm to ShortyRob
so what your saying is the its all the liberal people in Kansas's fault???
solid melt
solid melt
Posted on 12/20/17 at 1:03 pm to hawkeye007
quote:
so what your saying is the its all the liberal people in Kansas's fault???
Nah. I'm merely making fun of liberals for NEVER putting their money where their mouth is.
The thread premise was silly, so that's what was there.
Posted on 12/20/17 at 1:04 pm to bonhoeffer45
quote:
Before Laffer went all paid shill
party of science. Posted on 12/20/17 at 1:04 pm to BBONDS25
quote:
No it isn't. You claimed Kansas cut spending "a lot". The data proved that false. You try to use inflation as your out. Great. Show your work. What was inflation during those years...apply it to the spending and now quantify what "cut spending by a lot" means.
If you think Bone knows how to do this, you're out of your fricking mind.
Posted on 12/20/17 at 1:05 pm to BBONDS25
quote:
Before Laffer went all paid shill party of science.
The best part of that post was his explanation of it in the following sentences.
I
Posted on 12/20/17 at 1:05 pm to HailHailtoMichigan!
quote:
Then why, across nearly the entire industrialized world, are marginal tax rates lower now than they were in the 50s, 60s, and 70s, and 80s?
America was not the only nation in the 80s to lower marginal tax rates by a significant amount. Every European nation did same, and leftwing parties have not even tried to restore those rates. Why?
There are plenty of good reasons to lower income tax rates and replace them with consumption taxes that have nothing to do with Trickle Down nonsense. After all, we are now the only OECD country not to adapt a VAT. Which is both much more efficient at collecting taxes and allows countries to reduce income taxes which almost all economists agree is a preferable and less distortionary form of taxation.
I’ve said it before in other threads, I would be all for actual tax reform in this country. Reform that lowers the income and sales tax, especially on businesses, but is achieved through a VAT, closing loopholes and creating additional brackets to better account for the diminishing marginal utility of income.
This post was edited on 12/20/17 at 1:08 pm
Posted on 12/20/17 at 1:06 pm to SleauxPlay
I know a bunch of people from Kansas who claim that Brownback is genuinely stupid and unlikeable. At least a couple believe that between that and a reasonable amount of state reps basically not having a clue what their job was, they fricked it all up.
Posted on 12/20/17 at 1:06 pm to ShortyRob
quote:
The thread was based upon a faulty premise. This is why you didn't choose to answer my 2 simple questions.
It's hard to build a decent thread from faulty premise.
Nah, it wasn’t.
It was a thread about why a specific approach to tax policy, in a specific state, worked or did not work. You threw a tantrum because I didn’t want to discuss whatever extraneous argument you felt like introducing. You can make your own thread if you can’t focus on the topic at hand.
Also, you come off as super bitter.
Posted on 12/20/17 at 1:08 pm to hawkeye007
Hey, guys. I spent Kansas into the ground and rushed off early to Washington to help construct one of the worst bills in history. Then, I botched the roll out and got fired.
This post was edited on 12/20/17 at 1:09 pm
Posted on 12/20/17 at 1:09 pm to SleauxPlay
quote:
Nah, it wasn’t.
quote:
1. Have other places engaged in similar policy and gotten different results?
2. Have places that did NOT engage in the same policy also encounter fiscal difficulty.
quote:See above questions.
It was a thread about why a specific approach to tax policy, in a specific state, worked or did not work
quote:It's not extraneous and it's said that you don't seem to understand why.
You threw a tantrum because I didn’t want to discuss whatever extraneous argument you felt like introducing.
quote:I'm tired of stupid people like you who know basically nothing about finance/economics/business/stats having so much sway in this country. Sue me
Also, you come off as super bitter.
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