NYB

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Your hometown
New Hampshire

History

Member for
2 years 37 weeks
Most recent comments by NYB

Sorry to intervene in your regularly scheduled fantasy but the world is full of "Inequality"

Trees and Plants are seeded in good and bad places

People are born in countries where there is tyranny

Some people are short

Some people are not particularly intelligent

Some people are lazy

Get over it......thats reality....

In the US our society provides as much as possible equal opportunity.....this does not mean equal results.

If you really want Equality then lets institute a Flat Tax so everyone pays the same % regardless of what they earn (or are given)...as it stands the top 25% of earners pay 86% of ALL taxes....wheres the "Equality" in THAT?.......

http://www.ntu.org/tax-basics/who-pays-income-taxes.html

People that advocate for "Progressive" taxation are simply advocates for Marxism.....

Does "From those according to ability To those according to need" sound familiar?

There's nothing "Fair" or "Equal" about Progressivism.

The problem with our Progressive tax schedule is that there are more people IN the cart than there are PULLING the darn thing.

NYB's picture

Instead of arguing look at the numbers, specifically the increases year after year.....during years prior to tax cuts revenue is flat....in year following tax cuts we see dramatic increases.

http://www.whitehouse.gov/omb/budget/Historicals

Please pay attention to tables 2.1 and 7,1

Under Reagan revenues post tax cut nearly tripled in 6 years.

Under Bush revenues nearly doubled in the same period of time.

You cannot argue away a doubling of revenue in 6 years (Bush tax cuts) or a tripling of revenue in 6 years (Reagan tax cuts).

NOR can you argue away the corresponding increase in income at ALL levels

http://www.census.gov/hhes/www/income/data/historical/household/H01AR_20...

NYB's picture

Are you actually trying to use a George Soros funded website as a "Reference"?

Thats almost as reputable as trying to use Wikipedia.

You cannot refute the facts.

Here's US Census data adjusted for todays dollars that refute your Soros funded opinion

http://www.census.gov/hhes/www/income/data/historical/household/H01AR_20...

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Been there, done that (for many years) and paid hefty taxes to support it (Commuter Rail)....

Commuter Rail is expensive, inconvenient and not feasible for NH due to the previously mentioned reasons and our distributed population.

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Are you actually using Wikipedia as a reference?

How about taking a stab at refuting the cost, safety and issue of overhead electric being an eye sore?

You can't because they are simple truths.

The bottom line is that Commuter Rail is not cost efficient and without exception cannot compete with other modes of transport.

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Maybe this will illustrate your failure to read what was written.

1, The egg is white
2. The egg is NOT white
3. I never said the egg was white.

I've asserted with data and references to back up my assertion that Tax Cuts increase economic activity and in the end result in more revenue as a result of increased economic activity that is taxable. (The egg is white)

You're asserted that tax cuts result in a loss of revenue but offer no references or data to support that claim. (The egg is NOT white)

Laffer stated in the alleged quote you offer that he never made a claim that all taxes pay for themselves (I never said the egg is white).

How can it be any more obvious and still be written in english.....this is not a refutation but rather a statement that he never made the claim..

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Here in the United States we eliminated overhead electric way back in the 60's (Trains and Trolleys) because of the high expense to install and maintain not to mention the eye sore of having to look at all that cabling not to mention the safety issues associated with it......

What do you think would happen here in NH during one of our many wind/ice storms if these high voltage cables were taken down all over the place. How big a safety hazard is it? How does transportation operate when cables are down (they don't).

Overhead electric is expensive, impractical and dangerous.

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Actually your post is rather narrow and overly simplistic.

Business (ie business owner) can survive just fine without labor...they would simply be limited to whatever product they or their family are able to produce themselves

Labor on the other hand cannot exist without the business.....unless they are skilled and capable/willing to strike out on their own and become the above Business.

Your simplistic notions ignore the fact that each of us have no more right to a job than a business has a right to my/your labor.

I perform work for my employer and they in turn compensate me for that work.

If I'm a good employee with skills they need then its in the best interests (sometimes) that the Business provide incentives for me to stay and continue to work for them on a longer term business (benefits etc).....but at the end of the day I have no more right to that job and a continued paycheck in perpetuity than the business has a right to my labor.

These are simple realities that folks need to grasp if you expect to live in a free society.

NYB's picture

Please read your own citation

Laffer doesn't challenge what I've posted but rather disputes the assertion that he made the CLAIM that tax cuts pay for themselves.

Please re-read your own post.

NYB's picture

How about some references to back up your claim?

http://www.miseryindex.us/urbymonth.asp

Many of your assertions are factually incorrect including the notion that Social Security Taxes were not included until Bush....THEY'VE ALWAYS gone into the General Fund....there is no Social Security Trust Fund.....never has been.....its the biggest Liberal Lie that exists

Take for example the chart from whitehouse.gov that shows historical revenues.....what inflation is really doesn't matter in this case because the increase from year to year following tax cuts FAR OUTWEIGHS anything that could be attributed to inflation....inflation is irrelevant.

Your claim that job growth during the Bush years was actually 1/7 that of the Clinton years is hogwash as well.

http://www.tradingeconomics.com/economics/non-farm-payrolls.aspx?Symbol=USD

Please do us all a favor and make an attempt to back up your claims with facts.

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The Author is Factually Incorrect

Cutting taxes is a PROVEN way of stimulating growth, jobs and tax revenues.

Here are the numbers that demonstrate clearly that Tax Cuts result in Increased economic activity as well as increased revenues to Government.

http://www.house.gov/jec/fiscal/tx-grwth/reagtxct/reagtxct.htm

http://www.whitehouse.gov/omb/budget/Historicals

Please pay attention to tables 2.1 and 7,1

Under Reagan revenues post tax cut nearly tripled in 6 years.

Under Bush revenues nearly doubled in the same period of time.

NYB's picture

1. Iraq and Afghanistan were not about oil....if they were we would have TAKEN the oil....but we didn't did we? Please do us all a favor and check and see which companies/countries were awarded winning bids to service oil fields by the Iraqi Oil Ministry.

2. You don't "Mine" oil....you DRILL for it. The mere fact that multiple commercial operations around the world drilling in extremely deep water demonstrates that its economically feasible.

3. The price of oil is artificially inflated to a very large degree due to restrictions placed upon domestic drilling due to POLITICAL reasons.

4. Sure, amazing things have been accomplished by man with primitive tools....have you ever considered how many people died building the pyramids or great wall? The loss of life was staggering.

When some other fuel source becomes more practical (versatility and price) then it will come to market...until then Passenger Rail is inconvenient, inflexible and expensive.

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