An Inconvenient Truth About The Bush Tax Cuts

Discussion in 'Politics' started by pspr, Nov 28, 2012.

  1. I believe my question is directed toward jem's inferred internal validity to his statement. I'm not making any claims, I'm trying to stoke a discussion - not bickering and name-calling.
     
    #11     Nov 28, 2012
  2. I think punystrike needs to address my question first , and acknowledge the assumptions of his question.

    Of course he's checkmated either way, so I doubt he'll answer.
     
    #12     Nov 28, 2012
  3. It's a simple question : answer it.
    (don't try to pawn it off on jem)
    Do you believe there is internal validity to your question : yes or no?
     
    #13     Nov 28, 2012
  4. No, there is no internal validity to my question, it neither implies nor claims any. It is a question seeking an answer, which jem provided. Try to stay on topic PT.
     
    #14     Nov 28, 2012
  5. Mercor

    Mercor

    Everyone should pay their fair share.
    I have yet see someone put a number on what is a fair share.

    What percent of total federal taxes should the top 1% pay?
    What percent of total federal taxes should the top 10% pay?
    What percent of total federal taxes should the top 50% pay?
    What percent of total federal taxes should the bottom 50% pay?
     
    #15     Nov 28, 2012
  6. oops there went your line of attack.
    So you asked a stupid question and I caught you and now you're mad at me ? :D :D
     
    #16     Nov 28, 2012
  7. I think "fair" for those clamoring about "fair share" would be somewhere around 94% of their income or wealth whichever is greater.
     
    #17     Nov 28, 2012
  8. I'm actually inclined to agree with Keynes, but at them moment we're trying to dig out of a recession with the Bush tax cuts still in place, and additional payroll tax cuts also in place. Additionally, we have a massive deficit and national debt which also drags on the economy in a more abstract way. So, in order for any reform to be effective, we would have to cut spending substantially more than we would cut revenue. In my mind, this would lead to cuts mostly in social programs, which would lead to lower/no spending from recipients. Additionally, this could lead to significant social unrest.
     
    #18     Nov 28, 2012
  9. What line of questioning? It's an open discussion. There's no slant here. I wanted jem to explain his statement, plain and simple.
     
    #19     Nov 28, 2012
  10. What would make the most sense to me would be a ratio in personal income vs. the gross national income. I.e. you're in the top 1%, at the national level you make up 50% of the gross income, you should be taxed at 50%. You can extrapolate from there. There should also be a +/- factor for average cost of living for the lower classes. Then again, I think that's kind of the point of having a marginal tax system. Now if just worked the way it's supposed to...
     
    #20     Nov 28, 2012