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bulae99
Since 12 Jul 2006
1692 Posts
I give out bad advice.
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 Wed Jan 13, 10 5:28 am OT: Vote Yes On 66 and 67 |
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Unless you make $125,000 per year as an individual or $250,000 filing jointly it will not affect you.
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Hey, I'm being hahahahahrassed! |
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Hein
Since 08 Mar 2005
1314 Posts
Possessed
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| Wed Jan 13, 10 7:01 am |
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http://minorthoughts.com/economics/why-high-taxes-are-bad/
Why High Taxes Are Bad
by Joe Martin
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There’s a very simple way to demonstrate that high taxes are a bad idea. Rich people have lots of money. The best thing possible for everyone else is that rich people **spend** that money. Every dollar spent by a rich person is a dollar that helps employ someone else. If buying a car, auto works are employed; if buying a suit, textile workers are employed; if buying a house, construction workers are employed; if buying a yacht, dock workers are employed.
The more government taxes someone, the less likely they are to put their money in places where it can be taxed. If they stop spending, the entire economy suffers. If government lowers their taxes, they will be more likely to spend their money, thus creating jobs for everyone else.
Call it trickle down economics. Call it [Reaganomics](http://www.econlib.org/library/Enc/Reaganomics.html). Or call it psychology. Whatever you call it, it works. Tax someone more, they’ll spend less; tax someone less, they’ll spend more. I’m better off when they spend more. Aren’t you? |
The 'rich' have always had creative ways to avoid taxes. It's like a game, Government wants to take more and they figure out a way to keep it. Rich people are much smarter than politicians. They don't pay the lion's share of taxes, the middle class does. Let the rich invest, earn and keep it so they can put good people to work.
Of course you know the best welfare is a JOB.
Want to see this graph go higher? Vote for more job killing taxes.
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oregon_unemployment.jpg |
Last edited by Hein on Wed Jan 13, 10 7:39 am; edited 5 times in total |
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Mark
Since 20 Jun 2005
3678 Posts
I need my fix because I'm a
Naishaholic
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| Wed Jan 13, 10 7:07 am Re: OT: Vote Yes On 66 and 67 |
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| bulae99 wrote: | Unless you make $125,000 per year as an individual or $250,000 filing jointly it will not affect you.
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Your naive if you believe that.
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Cleverly disguised as an adult...
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Bettyboarder
Since 18 Mar 2005
1823 Posts
PDX/ White Salmon
XTreme Poster
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| Wed Jan 13, 10 7:45 am |
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This is a kiteboarding forum....not political...topic locked 
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