Lie: Then Reagan tax cuts reduced Federal tax receipts...

[RED]

Fact... 1n 1981 the U.S. Federal tax receipts totaled $517 billion. After the Reagan tax cuts, the 1990 Federal tax receipts were $1,032. Some say that happened because of inflation... Oops.. according to the rule of 72, that would make the inflation rate at 10%/year... that didn't happen.

Others would argue that Federal tax increases during the Reagan years were responsible... Hello... there were tax cuts and tax increases during those years. So were the tax increases larger than the tax cuts... if so why don't we hear about the Reagan tax raises being praised by the Dems???

Twist and turn....

The most stupid post I have ever seen here is where a complete idiot surmised that a tax on a object, product, such as the tax on tobacco products, will produce more tax revenues than a zero tax on the product.

So for example a tobacco tax raises revenue even as people smoke less, compared to no tobacco tax at all.

Now that is true stupidity at work. A $1 tax on a boat load of cigarettes will produce tax revenue. A $100,000 tax on a single pack of Marlboros will produce zero tax receipts and it doesn't take a genuine genius to understand that.

Agitate, agitate agitate, twist and turn, lie and burn,...

[Clark Howard]

Hey Red- You should know that the dems re-write history to suit their scam. We need not expect anything but lies, fraud, misrepresentations, and criminal behavior from the left. The truth, especially economic truth, is antithetical to their aims and goals. For proof, just look at the places where the dems control everything. Regards, Clark

[togor]

Red, "no tobacco tax at all" in the quote may reasonably be interpreted as a tax rate of 0.0% on tobacco sales. Hard to raise revenue on the sale of tobacco when it's taxed at 0.0%. Here I am trying to explain the Laffer Curve to you, why it shows max revenue in the middle, and low->zero revenue at the ends, and you just can't/won't get it. How much more rhetoric are you going to sink into a losing effort? The budget deficit is going to be what it is anyways (probably huge until some grownups return to Federal office), so just let it go.

[RED]

Red, "no tobacco tax at all" in the quote may reasonably be interpreted as a tax rate of 0.0% on tobacco sales. Hard to raise revenue on the sale of tobacco when it's taxed at 0.0%. Here I am trying to explain the Laffer Curve to you, why it shows max revenue in the middle, and low->zero revenue at the ends, and you just can't/won't get it. How much more rhetoric are you going to sink into a losing effort? The budget deficit is going to be what it is anyways (probably huge until some grownups return to Federal office), so just let it go.

Twist and turn some more you blabber mouthed idiot.

No one here has ever said they were for zero tax rates on tobacco (or anything else for that matter).

"no tobacco tax at all" in the quote may reasonably be interpreted as a tax rate of 0.0% on tobacco sales.

No it can't! It was and is a stupid statement and blows your credibility out of the water!

BTW way I would bet my favorite bird dog that You are laughing your rotten ass off because Trump's tax cut has failed... already. If you had your way we would tax those 'evile' corporations out of business and really put America back to work.

[togor]

I hate to use the double negatives, but we're kind of stuck with them for the moment.

I ask you, how is not taxing something dissimilar to taxing it at an effective rate of 0%? What number captures the situation better?

[S.A. Boggs]

Let me toss this out, do away with ANY income tax and replace it with a national sales tax...wouldn't that be "fair" tp everyone? Everyone pays a sales tax now including "the poor."
Sam

[RED]

I hate to use the double negatives, but we're kind of stuck with them for the moment.

I ask you, how is not taxing something dissimilar to taxing it at an effective rate of 0%? What number captures the situation better?

Keep wiggling!!! The hook is getting deeper... We were talking about how lower taxes bring about a stronger economy with more jobs and more workers that pay more taxes. IIRC it was your God, Bubba Clinton, that put a big tax on expensive Yachts made in America. a couple of years later they collected ZERO taxes on those boats... and zero taxes on the workers that used to make those boats because they were now unemployed. They did essentially the same thing to small general aviation planes... Cessna went down because of the taxes and federal regulations regarding liability insurance.

Then you twist and turn the topic into talking about no taxes and zero taxes on tobacco. Go ahead you are like a carp floundering in the water and all the while he is sucking mud and goose poo. Yep your hooked on your own bull sheit and have finally choked on it.

[Sandpebble]

along those lines ....

Keep wiggling!!! The hook is getting deeper... We were talking about how lower taxes bring about a stronger economy with more jobs and more workers that pay more taxes. IIRC it was your God, Bubba Clinton, that put a big tax on expensive Yachts made in America. a couple of years later they collected ZERO taxes on those boats... and zero taxes on the workers that used to make those boats because they were now unemployed. They did essentially the same thing to small general aviation planes... Cessna went down because of the taxes and federal regulations regarding liability insurance.

Then you twist and turn the topic into talking about no taxes and zero taxes on tobacco. Go ahead you are like a carp floundering in the water and all the while he is sucking mud and goose poo. Yep your hooked on your own bull sheit and have finally choked on it.

Along those lines.... do you remember when Home Depot donated a $ million plus to the GOP ?.... shortly after the import tax on Chinese manufactured ceiling fans was rescinded....

........I would call that a tax break for someone.... wouldn't you ?

almost overnight there wasn't a ceiling fan manufacturer left in the USA .... nor a ceiling fan manufacturing job ...


... I remember

[togor]

You're the one wriggling. Can't answer a simple question. Bored now.