So trickle down economics dosen't work, and if it does it

flat tax

>>139295245
I'm glad we settle complex economic theories through image macros by Occupy Democrats.

Define "trickle down economics" and list anyone on the right (or even in the Republican party) that has used the term in a serious context.

increase incentives for investment somehow?

>>139295342
A flat tax rate is going to fix kiketalism?

>>139295245
>trickle down economics

You mean not stealing?

>>139295245
To quote Nick Dipaolo from the Opie and Anthony show, circa ~2010:

"Has anyone ever got a job from a poor person?"

>>139295628
a blowjob

>>139295519
If you manage to collect those taxes, maybe.

>>139295245
national socialism

"Trickle down economics" is a red herring created by the left.

Most people are in favor of a moderately-progressive tax structure, regardless of where you are on the political spectrum.

>>139295342
no tax

>>139295519
The only thing that you will be satisfied with in regard to "fixing kiketalism" is the genocide of all Jews, so why argue in an economics thread?

>>139295245
>anyone have an idea for how we can make it work
Start taxing investment income at the same rate as wages.

The rich will spend more on goods if they have less incentive to pile up money in stocks and bonds.

Enact Trumps policies against outsourcing and corporate taxation. Outsourcing is a tool that improves profitability for corporations and doesn't necessarily lower prices for consumers. These profits are reflected in the stock market. If we clamp down on outsourcing, we effectively take money out of the stock market and give it back to lower and middle income earners in the form of returning jobs

>>139295685
My man

>>139295628

>has anyone gotten rich by working for a minimium wage

>>139295245
Unfortunately because Reganonomics has been in place as long as it has, there is no fast fix besides wealth redistribution, which I am not in favor of despite being a poorfag. All others fixes will take decades which most people are not in favor of. This is also assuming that the government would be able to and willing to break free of the yoke of big business and the wealthy.

>>139295752
This, if a monopoly is holding the country hostage for sheckels just send the military to straighten them out.

>>139295908
rich in character and experiences

>>139295342
Flat tax benefits the wealthy even more.

>>139295999
The best kind of rich

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>>139295245
>espousing the trickledown meme critique again

>>139295245
Nobody gives a shit about Reagan's economic model here.

Clearly the answer is to destroy the top glass, and reap the wine within.

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>>139296035
>meme critique

>>139295924
A jubilee followed by usury controls and a labor draft for the unemployed is all the redistribution you'd need to start over.

>>139295245
A trickles down a little, but those glasses are in China, India, etc. Free trade/open borders cause capital export, reducing capital accumulation per head of 1st world workers, reducing their marginal productivity, reducing their real earnings.

>>139295803
This combined with alternative to centralized banking like self-issued coin. Government can't bail out rich kikes if it has no money.

>>139295245
Protectionism and closed borders to the Third World, and government protected, compulsory labor union negotiation for wages. Those are the true answers.

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Make rich people want to buy the shit that poor people make. That's literally it. You know how you do that? Putting an end to big business and (post-industrial revolution) capitalism.

Think about it. Back in the 19th century even, or shit really up until about WWII, many goods were still made by craftsmen. You wanted furniture? You went to a woodworker and bought it. You wanted tools? You went to an ironmonger and bought it. You wanted your horses shoed and examined? You took them to a ferrier. It didn't matter if you were the King of England or a poor dirt farmer, craftsmen supplied all facets of society, because part of being a craftsman is being able to provide both everyday consumer goods and more high-end luxury goods. As an example, take a look at many brands out today that are associated with luxury items. Lamborghini, Gucci, Rolex, all very high-end luxury goods producers now that got their start in supplying simple consumer goods for the common man (tractors in the case of Lamborghini, canvas clothing and accessories in the case of Gucci, wholesale watches and marine chronometers in the case of Rolex).

Nowadays, however, the craftsman has disappeared, replaced by the Industrial Revolution. Massive, multinational corporations now own nearly everything. When you buy a product, whether it is high- or low-end, that money is not going to a worker who will then spend that money on his own consumer goods and necessities. It's going to a massive company, one that most likely isn't even based in the country it's selling in. Therefore, all of that money spent on their goods essentially leaves the border, little of it ever to return. Small businesses face the same problems. Consumers like flashy appearances that make them think they're buying something good. They'd rather walk into a Lowe's and buy shitty Chinese tools than go to a local hardware store that sells old refurbished pre-WWII tools. Because one looks prettier than the other.

>>139295924
not understanding that the natural distribution of wealth exists because its the most efficient distribution of wealth which therefore leads to better economic development
kek nice try small fry

>>139295245
Trickle down economics doesn't work because money flows upward.

Lots of little guys spend their money making business owners wealthy.


IF the people at the bottom have money they will spend it and it will flow upwards.

>>139295245
Fuck commies and their materialist worldview.
Fuck egalitarianism.
Rich people are rich because they're smart and work hard.

>>139296611
>Give land to poor people.
>They live there and produce.
>Eventually rich people wants the fertile land

Profit.

>>139295245
"Trickle down economics" is a meaningless meme. It describes nothing.

>>139296344
With the way bureaucracy works, it would likely take decades to implement. One would need to overhaul not only the economic situation in the west but also the western governments themselves. It would be a monumental feat to anyone who could accomplish it, as it would require a separation of business and government.

>>139296822
Lol, you had better be a teenager.

>>139296819
falling for the money hording meme
sweetie rich people do a thing called investment with their money which leads to greater demand in the economy because it means there is a steady supply of excess wealth that can be invested in the first place

>>139295245
Alternatives for what ? Forcing upwards mobility ? sadly no quick methods work as havs been proven over and over again. Culture can help but you cant force that either, in the end people will end up having what they truly want.'

>>139296958

this tbqh

no conservative has ever said "I support trickle down economics"

it is a pejorative invented by liberals to get mad about Ronald Reagan

>>139296611

So which craftsman is going to make me a computer? an MRI machine? Antibiotics and other life saving drugs?

>>139295828
The rich have mechanisms to declare their spending in whichever way they want, investment, loss whatever.. If you scare them enough they will spend all their money buying bitcoin and you will still not see any of it on the streets

>>139295908
You dumb ass socialist. Its called making yourself better, learning to be reliable, and developing other skills. There is nothing wrong with starting out working minimum wage. You are actually an idiot and don't know what you are talking about.

>>139296985
It can be fixed much faster than you think if you have a benevolent authoritarian government like the Germans did.

>>139295245
trickle down is just another name for corporate welfare.
The alternative set the same rules for everyone.

>>139295342
that sure works for Lithuania man

>>139295245
>people do not realize the congressional tax commission has the tax rates of the greatest generation which was like 80 percent

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>take a powerful supercomputer
>get rid of current money system and put the computer in charge of it
>the computer computes how much money you need to live a comfy life
>eventually every human gets what he deserves because computer distributes evenly

>>139297214
I don't get why they needed to be mad about a great economy and stability... oh yeah, because it didn't come from incredibly ineffective (and frankly racist) policies prescribed by the left.

>>139295816
I mean killing cancer is a pretty good way of killing cancer, right?

>>139296611
>>139296611
And really, the Industrial Revolution isn't exactly to blame. Craftsmen essentially disappeared with it, sure, but there was no shortage of skilled labor. However, for many years, until after WWII, small businesses still reigned supreme. The only real "multinational corporations" were things like shipping companies or heavy industry that relied on imported resources to create their goods. Entrepreneurship is great and all, but there comes a point where it is simply detrimental to everyone else.

Here is where the lolbertarians step in and claim that it is somehow unfair for the government to punish a company for being too successful. Well I'm sorry, but that's exactly what needs to happen. By the time a company gets to the point that it is now owned largely in part by foreign interests, does much of its business outside of its home country, outsources its jobs to foreigners, and spends its revenue in areas outside its home country, it has essentially become nothing but a parasite. Leeching money away from the very host that raised it, and using it to spawn its never-ending stream of subsidiaries, trademarks, and divisions across the globe.

It started small. It started with chain restaurants. People had a great burger on the east side of town, they just wished there was the same place on the west side. Then it moved on to the next town, then the next state, then the next country. Now, almost everything you buy or consume, from your VegeCo™ brand SuperCucumber® to your IntelliScreen© Blu-Vision® is owned by some anonymous fat-cats who will take your money and throw it far outside of the borders of your country, never to be seen again. Sorry, maybe if you had a private jet and an army of imported wage slaves you could catch it.

tl;dr the Unabomber was right

>>139297589
You don't need a computer to distribute money evenly.

>>139297125
Just taking away subsidies and handouts to huge corporations would even the score immensely. Occasional jubilees would be even more effective.

>>139295245
>all these dumbasses that don't realize that the rich don't pay taxes at all
what the fuck do you shell companies and tax havens exist for?

>>139297589
>everyone gets the same amount of money
so making money as worthless as air?

>>139296309
Ok friendo, contrary to common belief, "Trickle-Down Economics" doesn't actually exist. Outside of political punditry. Where the non-existent theory continues to be referenced - it's not actually found in academia. Specifically, it's not a belief, theory, or a school of thought taught anywhere inside the economics discipline, and never was. I have only heard it as a slight stab at supply side but that is a misrepresentation of the actual theory itself. You cannot find any economist actually using "Trickle-down Theory" nor any specific person advocating for it as fact. It does not even show up in Joseph Schumpeter's book of history of economic thought. Try again scooter. Use a different meme critique.

>>139295519
Let's say we're talking about yearly taxes.
In these taxes we find
>military spending
>public goods (law enforcement, fire department, amberlamps)
The idea behind these emergency services is that they become voluntary and demand dependent, instead of finding yourself with too many people stuck in gouvernment bureaucracy.

In order to fund this, we take 5% of the median wage. No subsidies, no welfare, no nothing except the few things laid out above.
If you earn less than median wage, this set amount of money is relatively more of your income.
If you earn double the median wage, the 5% tax suddenly becomes 2,5% relative to your income.
This way you're forced to work for a living while keeping most of what you earn, and it noticeably pays to work harder.

>but who manages the money haha dutchfag btfo
A trusted elected official, like a sheriff. You can have one in all layers of gouvernment: local, state and federal.
If this official turns out corrupt, one may initiate plebiscite and vote him out of office.
This needn't be difficult.

>>139297809
You don't have to be a total Luddite to prevent companies from working against the interests of the nation, you only have to define out of control multinational conglomeration as corruption and enforce laws against it.

>>139297414

Spotted the retard.

> Its called making yourself better, learning to be reliable, and developing other skills.
So washing dishes is now going to make you earn enough to get an MIT level education or Harvard and enough to spare for food and other necessary commodities so you can actually get rich or wealthy.
>inb4 muh scholarships
We all know you have to be either a shitskin or an actual genius to get those. We also know rich people are not on genius level for the vast majority of them.
>There is nothing wrong with starting out working minimum wage
Never claimed there was something wrong with that, you humongous retard.

>you are actually an idiot and don't know what you are talking about.
lel, you're a fucking bootlicking cuck who still believes the american dream is real.

>>139298322
>This needn't be difficult.
But we're human beings.

>>139298070
And where exactly are these shell companies and tax havens? I'm only asking because I am a tax professional and I would love to have my clients be a part of these.

>>139296309
Was trickle down economics introduced in the forties?

>>139298622
Working at H&R Block doesn't count dude

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>>139295245
Eliminate corporate welfare.

>>139298590
nah its just the jews

>>139298494
Education isn't about money. Yoyr point is invalid

>>139298494
I started washing dishes at a restaurant and over 2 years moved up until I was pastry chef making 30k per year. I had initiative and made time to learn from others and by myself despite having limited time and resources.
I didn't become rich, but if you think you have to stay at minimum wage, then you need to grow up and take initiative in life or else you'll be stuck.

>>139295245
Trickle down economics will never work when you have dumb fucks who do nothing but piss their money away on shit they don't need.
In a perfect world where there's a middle class of responsible people we'd have a strong economy. But we don't too many materialistic niggers, spoiled white faggots, spics and sand niggers sending money out of the country and more.

>>139299769
Trade deficits automaticall balance themselves within time. As more money leaves the nation

The value drops and encourages exports

Tax the rich 44% like Steve Bannon wanted to

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>>139300098
44% of what? Capital gains? Income tax? Corporate tax?

>>139300276
Tax personal wealth, give tax breaks to corporations. Now no one can complain about muh jobs and shit can get done.

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>>139300457
>Tax personal wealth
What exactly does that mean? Are you going to tax sitting money?

>>139300537
Holy shit, are you purposfully obtuse or just fucking autistic.

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>>139300598
If you can't even explain your own position then we're not off to a great start.

>>139300457
>Tax personal wealth
Hang yourself.

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>>139295245
>bs leftist propaganda
support President Trump and all these (((problems))) will be rectified. fail to get in line and you die.

>>139300708
Because you lack the interpersonal skills to understand the conversation, I'll tell you.

When someone says tax people 44% or they complain about taxes or anything related to taxes, most of the time, if not all of the time, they are referring to income taxes.

You fucking retard.

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>>139295245
Trickle down doesn't work because the government is giving free shit to people. Even when they are giving free shit to the rich instead of the poor it is going to cause problems.

>>139297099
Sweetie, buying Apple stock doesn't do A damn thing for the economy, but thanks for trying.

Wealthy people make their money in business

>>139299514
>Education isn't about money.
Yeah it's free.
>Yoyr point is invalid
You don't have any and it's clear your selfeducation didn't pan out as it clearly didn't allow you to make connections and get the necessary credentials to actually make it in this society

>>139299740
cool blog and besides the point I was making. Hint: look at the post I made my first reply to.

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>>139300876
>they are referring to income taxes
So you don't actually want to tax the wealth of the rich, just their personal income (which forms of the minority of their wealth gains).

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>>139295245

We need a socio economic ladder that is easier to climb not social programs that make people dependent on the state.

My thinking is that tax cuts and deregulation go from the bottom up. So that the working class and small businesses have tax and regulatory burdens removed first giving them an economic advantage when it comes to accumulating wealth.

I'm all for cutting taxes, regulations and government spending; but the economic system we currently have has clearly been more advantageous for the wealthy. So it seems logical to me that the means by which we should work towards lowering taxation should first eliminate federal taxes upon the working classes and provide everyone a quantity of investments that are immune from capital gains tax (say $200,000 worth) as well as eliminating regulations on small business and private enterprise that prevent the working class from creating new business enterprises.

>>139301225
For taxpayers making $500,000 to $1 million, salaries and wages account for more than half of earnings.

This is the bulk, 95%+ of people.

At least with capital gains, their money is doing something, not just sitting in a bank somewhere collecting interest.

>>139299920
Not when the government subsidizes the companies that caused the problems that lead to the collapse. They just get to limp along with their broken model.

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>>139301589
>For taxpayers making $500,000 to $1 million
Usually when people refer to "the rich", they are not referring to people as poor as that, although at least we are on the same page now.

>>139295342
if corporations and billionaires actually paid their taxes instead of abusing loopholes and tax havens the problem wouldn't really be there

>>139302082
This, trickle down works only if the money stays in the system. Due to outsourcing and loopholes the money leaves the system, creating a deficit.

>>139302197
The government gives giant subsidies to corporations, which go to fucking China, Mexico, and India.

>>139298247
No. You would still be able to freely spend it however you wished to do so. If you wanted to spend it only on basic necessities (i.e. food, water, shelter), you could do so. If you wanted to blow it all on anime figs and sex toys, you could do so instead. You could only earn as much money as everyone else, but you could help raise your community's standards by working harder and earning more money for the sake of the common good, and would be able to spend it however you wished to, unlike in IRL communist states, where the consumption of basic goods is heavily regulated by the government.

>>139297099
yeah, they invest to accumulate even more

>>139307694
Which they can only do by producing products that people want.

Abolish all taxes and initiate a 25% income tax on everybody with 0 loopholes.

10% federal
10% state
5% local

No sales tax, no property tax, no corporate tax, no payroll tax, just income tax.

Also rich people are no longer allowed to shuffle their money around or use corporate money to pay for personal items like yachts and shit. Corporate money is strictly for business related expenses that are in no way related to personal gains or entertainment.

This is how a lot of rich people pay almost no taxes. They give themselves a dollar per year and then spend corporate money on personal shit.

So this way everyone pays their fair share and the state's get more power than they ever have and so do local governments.

>>139295245

this it gets so big and FULL OF ITSELF that it crashes to the bottom

>>139302082
Finally, a good reply. Make it difficult to bury money under foreign soil and watch a lot of problems go away.

The left wants to do this by raising taxes, but that will only send money to the government, which will use it for social safety nets, not feed directly into the economic machine.

>>139310554
This ignores the relationship between politicians and corporations, the latter of which essentially serve as an additional branch of government.

No one can carte blanche take away the freedom of the corporate regime, not until all lawmaking power is removed from its hands (this isn't limited to only lobbying).

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>>139295245
>person spreads this misinfo
>inform them about how banks work
>get called stupid
>repeat

You can't argue against faith.

>>139295245
Pic retarded.
Shows the rich spend no money.

>>139295245
Only way workers get their fair share is collective bargaining thru strong unions. Works in finland

>>139295908
I did fuck face by working minimum wage jobs for years, learning something from those jobs and applying it to higher paying jobs which then led to my owning a company.

Never would have got rich if I never had those minimum wage jobs.

Also kys

Our economy isn't trickle down economics. The government didn't give the wealthy their wealth and positions, as they do in communism. People freely trading with them gave them their wealth.

If you don't want rich people to be rich, stop giving your money to Apple, Microsoft, Mayweather, etc...