How Low Can It Go?

[FRPLG]

Originally Posted by saden1

The premise of your argument is that taxes make people less rich which is bad for our economy. My question is at what threshold of taxation do we reach an equilibrium? Not too much taxes to be harmful to our economy and not too little to be beneficial to our economy?

I think I'd be in quite high demand if I could answer that question. My asssertion is that we collectively pay too much in taxes. We pay an enorm ous amount in taxes as a nation and in the middle of a recession taking money out of the private sector and putting it into gov't is about the worse thing I can think of. Consumers drive our economy. Consumers buy products from our companies. Investors invest in companies. This all makes companies more successful. They hire more people. More people spend. Rinse/repeat. It all requires that people, rich and poor, have money and feel confident to spend it. The market tanking because investors are paniced by gov't policies is bad. It is a bad indicator of true economic stability but it quite obviously affects people's condidence nonetheless.

Somehow I doubt there is a real equilibrium. It is probably constantly changing. Just another argument why the gov't shouldn't be actively trying to manipulate markets. They can't react nearly fast enough. MOst of the "stimulus" money really won't get into the market until far past the point we really need it. Which is two days after 4 months ago.

[saden1]

Originally Posted by FRPLG

I think I'd be in quite high demand if I could answer that question. My asssertion is that we collectively pay too much in taxes. We pay an enorm ous amount in taxes as a nation and in the middle of a recession taking money out of the private sector and putting it into gov't is about the worse thing I can think of. Consumers drive our economy. Consumers buy products from our companies. Investors invest in companies. This all makes companies more successful. They hire more people. More people spend. Rinse/repeat. It all requires that people, rich and poor, have money and feel confident to spend it. The market tanking because investors are paniced by gov't policies is bad. It is a bad indicator of true economic stability but it quite obviously affects people's condidence nonetheless.

Somehow I doubt there is a real equilibrium. It is probably constantly changing. Just another argument why the gov't shouldn't be actively trying to manipulate markets. They can't react nearly fast enough. MOst of the "stimulus" money really won't get into the market until far past the point we really need it. Which is two days after 4 months ago.

My question is an invalid question, it was intended merely to highlight how indefensible your premise is from logical standpoint.

The premise of your argument is that taxes make people less rich which is bad for our economy. My question is at what threshold of taxation do we reach an equilibrium? Not too much taxes to be harmful to our economy and not too little to be beneficial to our economy?

Why would we need to find an equilibrium given that too little taxation benefits our economy?

[FRPLG]

Originally Posted by saden1

My question is an invalid question, it was intended merely to highlight how indefensible your premise is from logical standpoint.



Why would we need to find an equilibrium given that too little taxation benefits our economy?

I guess I am thoroughly confused by what you are trying to say then.

Indefensible? That's quite silly. It seems your point is that taxes at any level are fine. Why don't we just hand all of our money over to the gov't then? Would that be fine for our economy?

[saden1]

Originally Posted by FRPLG

I guess I am thoroughly confused by what you are trying to say then.

Indefensible? That's quite silly. It seems your point is that taxes at any level are fine. Why don't we just hand all of our money over to the gov't then? Would that be fine for our economy?

The difference between you and I is that I never took the position that a) too much taxes are good for the economy and b) the impact of increasing the tax rate from 35% to 39% is always harmful.

[FRPLG]

Originally Posted by saden1

The difference between you and I is that I never took the position that a) too much taxes are good for the economy and b) the impact of increasing the tax rate from 35% to 39% is always harmful.

No the difference is that you rarely actually take a position. You roam around these threads basically saying "nanny nanny boo boo you are wrong". You google around and find some links to support your hole poking and never say "this is what I believe..." It is quite tiresome. What do YOU think about taxes? More people than I have tried to get what YOUR position is. Are higher taxes ok or not? WHy or why not? Make an argument. It doesn't have to have nine artciles from various biased or unbiased aources to support it either. Just give your opinion. You don't always need the articles. People here know you aren't a dumdum.
.

[saden1]

Originally Posted by FRPLG

No the difference is that you rarely actually take a position. You roam around these threads basically saying "nanny nanny boo boo you are wrong". You google around and find some links to support your hole poking and never say "this is what I believe..." It is quite tiresome. What do YOU think about taxes? More people than I have tried to get what YOUR position is. Are higher taxes ok or not? WHy or why not? Make an argument. It doesn't have to have nine artciles from various biased or unbiased aources to support it either. Just give your opinion. You don't always need the articles. People here know you aren't a dumdum.
.

LOL, touched a nerve have we? All my post stand on their own without having to click on the links. I'm not sure what you're looking for. I always answer questions posed, and I respond to posts I disagree with. The formula is that simple. If you have a problem with a post of mine I'll be happy to elaborate and clarify.

Much like you a few around here view me as the asshole guy, but the truth is I'd like to think of myself in a more positive light...Defender of Reason. I like the sound of that, what do you think?


1. What do YOU think about taxes?
Taxes are fine, they help organize and maintain the collective.

2. Are higher taxes ok or not?
I can't answer this question in its current form. The question is too complex to answer with a simple yes or no. Phrase the question better and I will answer it.

3. Why or why not?
I haven't answered question 2 therefore I cannot answer this question.

[GTripp0012]

Originally Posted by saden1

Much like you a few around here view me as the asshole guy, but the truth is I'd like to think of myself in a more positive light...Defender of Reason. I like the sound of that, what do you think?

You'd need longer hair and thicker armor to fit the stereotype I have in my head of you now.