he has a point

>>135036757
doesn't he understand that taxing everyone un-equally is a moral wrong?

>>135036757
There's a tax break for tentacle porn now?

I hear he likes to masturbate to lolis with his kids. What a based magapede!

>>135036757

He is the Jew. He should know how much.

>kiddy-diddler talking about morals
Literally KYS your self Kurt.

>>135036757
This guy fucks kids.

He's right, we must kill the Jewish bankers and Jewish corporate media to liberate American wealth from kike greed!

so they have more money to spend and boost the economy.

"Of course child porn exists honey, here let me show you"

>>135036757
>4 instead of for
I stopped reading right there. For all I know, he could have made a worldview shattering argument. But because he chose to be lazy, I'll never find out.

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>>135037788
Yeah, except this doesn't fucking happen. Trickle down economics has been so thoroughly disproven at this point that there's hardly any point in even discussing it.

http://graphics8.nytimes.com/news/business/0915taxesandeconomy.pdf

There's a study but you really don't even need to read it, because you should just use your common sense: if you want to stimulate the economy, is it better to a. give more money to people who already have more than they know what to do with so they can stash it somewhere and let it collect dust or b. give more money to the people who currently aren't even accruing enough to meet their needs, let alone extra spending money? The working class spends their money when they have it, which leads to equitable growth and an increase in employment to satisfy demand.

Amazing that a goddamn ancom like me has to explain how your own system is supposed to work to you, but that's what 40 years of neoliberal, trickle down voodoo economics propaganda has done to your tiny brain.

>>135036757
you can always pay more taxes voluntarily

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>>135036757
Why isnt he in jail for downloading CP?

there is no exemption for journalists, you cant go rob a bank or murder someone and say Im just doing research.

>>135036757
Says the jew who jerks off to tentacle porn with his own kids

>>135036757
Why does a guy who loves child porn and hentai think he's a moral authority?

>>135038634
>corporations keep moving to foreign countries that offer them lower taxes
>tax breaks don't work

Shouldn't you be ananally masturbating with an iPhone up your ass, liberal?

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>>135036757
Are jews really this powerful that they can buy CP and not to go to jail for it?

Being a journalist doesnt exempt him from following the law.

>>135038634
The answer is you don't give or take money from anybody and let an economy naturally grow.

>>135036757
Regardless of whether or not they "need it" or not money does not belong in the hands of government. I don't know about the USA but here in Canada the amount of tax money wasted is astronomical. I would rather see that money in the hands of a hard working man than to frivolous spending.
Also, why do people feel entitled to others money?

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>>135039137

Now you're talking about corporate taxes, which is a separate issue, but your point is still nonsense.

For most of the big U.S. corps, their effective tax rate (i.e. the amount they actually pay, not the amount they are supposed to pay) in the U.S. is about as low as anywhere in the world. They aren't moving to foreign countries because of tax rates. They are moving there because labor is cheaper there, and as long as we keep getting neoliberal politicians who push capital-friendly trade agreements rather than labor-friendly ones, that trend will continue, regardless of corporate tax rates.

>liberal
See flag, dumb fuck.

Won't this result in a net gain in taxable revenue since the opportunity to repatriate funds from corporations at a lower rate and the fact that they will actually be paying federal taxes now instead of offshoring/tax loophole nonsense revenue to avoid taxation? Am I missing something? I make 6 figures, but am by no means rich. Why do these liberal fucks want all my goddamn money?

>>135036757
Gee, I should listen to a pedo.

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>>135039349
You mean like in the 20s? Yeah that worked out great.

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>>135039793
Nope. That's the same BS every one of these motherfuckers have claimed since Reagan, that cutting taxes will somehow increase tax revenues via magic. There's a reason it's called "voodoo economics": it sounds like nonsense and 65 years of statistics confirms that it is.

http://graphics8.nytimes.com/news/business/0915taxesandeconomy.pdf

>>135038634
Redistribution doesn't grow the economy retard. 20 cents of every dollar is what actually gets redistributed by these programs and the rest goes to government workers. DUR WHY DOESNT THE GOVERNMENT JUST GIVE EVERYONE A JOB THEN THEY'D HAVE MONEY TO SPEND AND GROW THE ECONOMY. Gas yourself.

>>135036757
If he feels so bad about it he can pay way more. I'm no legalfag but I guarantee you there is no problem to willingly pay more taxes than you should, or donate a % of your money to the government.

>>135036757

Doesn't he have a kiddie pron site to run?

>>135040124
McFucking kill yourself retard

He is the fucking greedy shit wanting the money of other people who earned their wealth. This argument has always been emotional garbage of the incapable.

>>135038403
>What is the 140 character limit

>>135039886
Looks cleaner and safer than the average welfare supported democratic voting ghetto in 2017. A good thing too since the socialist FDR kept them in poverty for an extra 10 years with his retarded policies.

>eichenwald
Sage

The top 10% pay 80% of the total taxes. Fact.

>>135039886
the 20s we're roaring faggot

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>>135040389
>Redistribution doesn't grow the economy

Except the biggest expansion in U.S. history was when the top marginal tax rates were multiple times higher than they are now.

>20 cents of every dollar is what actually gets redistributed by these programs and the rest goes to government workers

Source?

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>>135040825
>the socialist FDR kept them in poverty for an extra 10 years with his retarded policies.

Actually he presided over the biggest economic expansion in U.S. history while his allegedly "retarded" policies were firmly in place, so.

>>135041194
For the rich. Then it exploded and the poor became even poorer. Kinda like 2008.

>>135036757
He should spend that extra money he's saving on hiring some people and giving them a living while expanding his business.

>>135038634
>Trickle down economics has been so thoroughly disproven
Then you should find it easy to post a study


Also, rich people don't pay income taxes.

>>135040124
Not really sure how your theory would work. Currently, large corps like GE and Google use offshore tax havens and creative accounting to pay next to zero federal taxes. If the corporate tax is simplified, offshoring is prohibited, and the loopholes are closed, won't a flat lower rate still be better than the next to zero they currently pay? I mean basic math says something is better than zero.

>>135036757
the actual wealthy don't pay income tax or have a relatively low taxable income. Plenty of CEO's take $1 income. They make their money off capital gains and such investments. That's why they can claim "tax me more PLEASE!". They don't suffer from it plus it builds populist cred. Those with high taxable income are those having to reinvest that money into their business or starting a side business while still working for someone else. Taxing them more hurts job creation yet helps the wealthy reduce competition.

>>135041950
For sure. You would figure that the average American would use their tax savings to buy shit and grow the economy; I know I would.

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>>135041950
I've repeatedly linked to just one of dozens and dozens ITT, use your mouse wheel.

>>135041977
>my theory
is anarcho-communism. But there is absolutely no doubt that the empirical evidence confirms over and over again that Keynesian capitalism>trickle-down voodoo.

> If the corporate tax is simplified, offshoring is prohibited, and the loopholes are closed

You must be very young, otherwise you would know better. Trickle-down fuckers have been claiming they would prohibit offshoring and close the loopholes since the beginning, starting with Ronnie Raygun. They never do and they never will.

Just use some basic critical thinking and answer this question: is Trump really going to make himself pay higher taxes?

Did this guy take a break from spazzing out on the floor and jacking off to cartoon tentacle rape to moralise about greedy peasants who withhold some of the fruits of their labour from the overreaching state?
And what the fuck is that creepy shit about sacrifices and altars?
Is this how Jew World Order perverts secretly vice signal their love of Moloch in plain sight?

>>135036757
((((Oy vey I don't want your money goy but if you insist There's this new Loli tentacle documentary I've been dieing to watch with the family)))))

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>>135036757
Doesn't he have children to rape?

>>135042538
Not claiming to be an expert, but maybe if there were a simplified tax code where the rules were actually changed and applied evenly, then there might be a net benefit. Just the elimination of the bureaucracy of actually paying and collecting taxes might be a huge offset. Even the fucking IRS has stated that the information on their OWN FUCKING WEBSITE should not be used for actual tax preparation purposes. "We want your money. Here are the myriad of rules for paying us. The penalty is financial ruin or jail for failure to comply. But don't actually use any of this information, as we don't really know what the fuck were talking about and the amount you owe is directly related to how much you pay your lawyer or accountant"

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>>135043097
>capitalists
>labour

Choose one.

>>135043748
Woodrow Wilson realized he screwed us in 1913.

>>135043748
The GOP has never "simplified" the tax code. When they say "simplify", what they mean is tax cuts for the wealthy. They don't literally mean making it easier for you, the average person - they need you to fuck up your taxes so they can take more money to subsidize the cuts they give themselves.

Find me one time in which the Republicans ever actually simplified a fucking thing for tax filing when they had the power to.

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>>135036757
What we need is an annual asset tax on the super rich and use that to replace all other taxes.

5% tax on 100 trillion assets give us 5 trillion in tax revenue every fucking year.

>>135036757
Middle class get a bigger tax break percentage from the healthcare reform than the rich do.

Liberals say it's a "tax break for the rich" because it's a tax break for everyone. They live off technicalities over values.

>>135044132
I'm not saying they have tard. I'm saying what if it WAS ACTUALLY FUCKING DONE FOR ONCE?

>>135036757

Because greed isn't a cause of pitfalls within a market economy no more than gravity causes a plane to crash. Thousands of planes fly in the air everyday 24/7, but surely gravity still exists without them crashing.

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>>135044311
It won't be done under this administration and Congress, so there's more or less no point in talking about it.

Ideally, we wouldn't need taxes because the capitalist class would no longer hoard the surplus value of their employees' labor, but I doubt you have any more interest in discussing that at this point than I have in discussing a fairytale Trump who makes it harder on himself to cheat his way outta paying for the public services and subsidies he regularly uses and exploits.

The tax code is simply a means of government control. It will never be simplified because that's how politicians draw power.

>>135039886
What allowed the 20's to be fueled by unlimited debt?
It sure wasn't an undisturbed market.

>>135036757
Someone should let Kurt know that he doesn't actually have to claim any tax breaks on his taxes. He can, in fact, waive them.

>>135038634
http://www.tsowell.com/images/Hoover%20Proof.pdf

>>135044132
let me guess, you're going to pull out the graph that shows the absolute amount of income saved via tax cuts next?

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>>135045025

>>135036757
Why doesn't he privately give his money to poor people?

>>135044747

The cost of labor is not dependent on what capitalists choose to pay. It's systemic, meaning it's dependent on what a laborer can produce and if that product has any instrisic value in and of itself.

Capitalist cannot "horde" money, and this shows your ignorance in terms of how finances actually work. Revenue from labor and services flows from the bottom up, not top down. All you need to do is simply look up a 10K to understand that expenses are paid FIRST. Money goes out before it comes in, and in fact, many companies can run on debt and long-term liabilities before ever turning a net profit.

>>135045091
>Thomas Sowell
LOL A National Bolshevik endorsing the work of a known intellectual fraud who happens to be both black and a capitalist. Only on 4chan.

>let me guess, you're going to pull out the graph that actually matters

Yes, you know all about my "point out the logical flaws in your argument" tactics. You caught me.

>>135036757
"Kurt MASTURBATES TO CARTOONS Eichenwald".

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>>135038634
Sowell would like a word with you.

>>135045578
This is the meme for you
>>135038634

>>135036757

problem with his point is he likes to stick it into small boys. burn him alive.

>>135045623
>LOL A National Bolshevik endorsing the work of a known intellectual fraud who happens to be both black and a capitalist. Only on 4chan.
so you're attempting to strawman me?

>Yes, you know all about my "point out the logical flaws in your argument" tactics. You caught me.
but that graph is 100% wrong. of course rich people are going to get more money from tax cuts, they earn more money to begin with. the tax cuts are more beneficial to the low earners, since the money they receive will go further.

>>135045736

not an argument

Who declared this fat child rapist an arbiter of what hard working people who are actually worth something can do with their money?

>>135036757
He also has CP

>>135036757
Isnt this the guy that ran a cp site

>>135041535
>government jobs
>economic expansion

>>135045715
An absolute fraud and phony academic paid by corporate think-tanks to peddle myths for his rich white masters. The shoddiness of this simpleton's non-scholarship has been documented so many times that I have no choice but to tell you to Google it, and barring that, to KYS.

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>>135046244
>immediately tries to discredit rather than address the substance

>>135046095
Yes. It is

>>135036757

FREE CP FOR KURTIE!!!!

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>>135046244

>ad hominem
>can't refute arguments

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>>135045854
>strawman
You have a National Bolshevik flag on your posts. If you aren't one, you strawmanned yourself.

>more beneficial to the low earners
Hardly any substantial cuts get to the low earners whenever these scum pass these garbage tax giveaways. You are correct however that money in the hands of the poor goes further and stimulates the economy more than money in the hands of the rich. So why don't you support a nice, fat, substantial tax cut to the working class, and absolutely no tax cut whatsoever for any millionaires. You in?

>>135045953
It is. What you just said is nothing more than a paragraph from a high school Econ 101 book that proves nothing.
>>135046225
>OMG EMPLOYMENT THAT DOESN'T CREATE PROFIT FOR NON-LABORERS IS BAD CUZ

>>135036757
you know he's free to give more money if he wants to

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>>135046339
What substance? Do you think I'm actually gonna go read that whole book right now? Even after I'm already familiar with the dishonesty of his other work that I've read?

No. If there's a claim he makes you want to advance to me, then do it.

>>135046908

>refutes econ 101

wew lad

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>>135036757
Do we need to remind everyone of his hentai stash again?

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>>135047124
>You want me to read?! I don't have time for that!
Ah, the Bill Maher approach to academics.

>>135036757
Funny to hear this cp peddler talks about sacrifices and altars.

>>135046908
>You have a National Bolshevik flag on your posts. If you aren't one, you strawmanned yourself.
so you're a newfag.

>Hardly any substantial cuts get to the low earners whenever these scum pass these garbage tax giveaways.
source, even $1,000 more a year will help your average family immensely.

>stimulates the economy more than money in the hands of the rich.
not exactly. you need pressure from both the supply and the demand side in economics. more money is needed in the hands of the rich for investment, more businesses, etc, but more money is also needed in the hands of the poor for spending and liquidity.

>So why don't you support a nice, fat, substantial tax cut to the working class, and absolutely no tax cut whatsoever for any millionaires.
i'd much rather the money earned by the millionaire go to the millionaire, instead of to some completely unproductive hack in some gender studies commission somewhere.

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>>135047167
Of course I do. Economics is probably the worst taught subject on the planet earth, as anyone who takes the time to study (((advanced))) economics will tell you. Basing your worldview on what you read in a high school econ text book is the equivalent of believing you can't put letters in a math problem because it isn't in your second grade arithmetic book. You don't understand anything you're actually talking about.

>>135046244
Oooof this screams triggered. Funny enough Sowell completely discredits both the NYT and the Washington Post in that very essay i posted (with actual data) I highly recommend all lurkers give it a read is not very long.

I'd prefer not to defend your argument for you could you provide a source discrediting Sowell?

>>135036757
https://www.youtube.com/watch?v=31diClBZmg8

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>>135047354
Ok, fine. I'll get back to you when I'm done reading that entire book... How again?

Oh, and make sure you RTF by reading the entirety of pic related

>>135038833
Sure you can, if you're a jew and the judge is too

>>135047580

>appeals to authority of leftist ((((((intellectuals)))))))

you're too easy to laugh at

>>135047124
Its only like 20 pages and provides historical examples of how the very phrase trickle down theory is propaganda adhomonum. It also provides historical examples of tax cuts boosting government tax income and explains WHY it worked. It's really a good read. He quotes Keynes BTW so you should like that.

>>135036757
US was built on the altar of greed.

>>135038634
who would do better with money, people that are good with it or people that are bad with it?

>>135047458

he needs more gib money for his comic books

>>135047458
>even 1,000 a year
Lol when was the last time the GOP passed a tax cut that averaged $1,000 to the "average" family?
>more money is needed in the hands of the rich for investment, more businesses
Source?
>earned by the millionaire
Which millionaires "earned" their millions rather than extract surplus value from their employees?

>>135047684
>triggered
The most triggered person on the planet today is Donald J Trump. One need only read his daily whining on Twitter about being the biggest victim ever.

I'm not going to read anymore of Sowell's work; I've read enough already to make a judgment. Again, if there's a point he made that you want to advance, do it.

>>135048510
If you know Sowell than explain how Trickle Down Economics is supposed to work. Be as concise as you wish. Then I'll tell you why is a Straw Man.

>>135048510
>>earned by the millionaire
>Which millionaires "earned" their millions rather than extract surplus value from their employees?

Millionaires are PAID by those who believe they're worth their salary, if they haven't invented anything themselves. You act as if they're writing their own checks. And empirical evidence of exchanges/transactions within the economy, such as when a wealthy individual gives large sums of money to a hedge fund, invests it and EXPANDS, not transfers, wealth.

>>135048510
Also its only 20 pages long

>>135037080
underrated

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>>135048208
pic related
>>135048210
>tax cuts boosting government tax income
Yeah, I'm even more glad I didn't read now because that claim has been so thoroughly debunked that I needn't spend a single nano-second of my time revisiting it. Basically, these guys are great at picking and choosing when to start the timeline - skipping years ahead, then deleting a year where taxes were raised on the working class, then skipping ahead again, etc. - in order to create the impression that tax cuts magically boost revenues.

Their explanation as to "how" that works is so laughable it doesn't merit a response, but luckily statistics - the full statistics - does a fine job of answering "if" it works anyway. Spoiler alert: it doesn't.

>Sources
https://www.cbpp.org/research/tax-cuts-myths-and-realities
http://www.taxpolicycenter.org/briefing-book/do-tax-cuts-pay-themselves
http://capitalgainsandgames.com/blog/bruce-bartlett/1632/reagans-tax-increases
https://www.usnews.com/opinion/blogs/economic-intelligence/2012/06/29/economists-agree-tax-cuts-cost-revenue---
https://www.cbpp.org/research/evidence-shows-that-tax-cuts-lose-revenue
https://krugman.blogs.nytimes.com/2008/01/17/reagan-and-revenue/
http://www.econdataus.com/taxcuts.html

And on and on it goes. If you're a student with access to any kind of archive of scholarly work, I recommend looking up studies in respected journals (i.e. peer-reviewed and not corporate funded), every single one of which will confirm the above links.

>>135036757
We are not talking about useless people like him but in all honesty: If you could take every single cent of tax revenue and give it to people like Elon Musk, Peter Thiel, etc. instead of some useless government agency we would be living in a much better world.

>>135048966

Trickle down? Down to what? How about take your fucking responsibility and stop being poor.

Yeah, that's possible. You can just stop it.

>>135036757
Who says he needs a tax break?

>>135050282
So you're telling me cutting a 100% tax to 90% wouldn't increase revenue?

>>135050282
I didn't offer an explanation on how it works and you haven't provided any indication that you even know what the theory is. All you've said is that it's been debunked and not worth your time to read. Might be true but you've have not convinced me nor, I assume, anyone else.

However, I will read those sources since you've been kind enough to provide them. Maybe they can shed light on what your trying to say.

If you're still around in 40 minutes I'll check back up on responses but for now I have to drive.

>>135050282

not an argument

>>135051155
Reread the context on the conversation.

>>135051417
100% taxes were designed to force employers to reinvest in their business instead of hoard idle cash that would all get taxed away anyways. And it worked fairly well, again, within the confines of the capitalist system.