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IWETHEY Home / IWETHEY Board / Money, Financials, and Economics Forum / each person
Post #324,389
by beepster
4/10/10 3:12:20 PM
Reply
New each person
posting here is posting around a different subject. That was on laffer...
I will choose a path that's clear. I will choose freewill.
Post #324,392
by drook
Picture of drook
4/10/10 3:34:22 PM
Reply
New What was your point then?
Laffer describes voluntary behavior in response to higher or lower costs. Your example family of 4 making $60k doesn't have the option to offshore their income to hide it from taxation. So why should we be looking at them?

You asked the question: Why aren't we? My answer is, because it doesn't apply.

After you show why Laffer is meaningful at the bottom end of the income scale, then you can show how much tax revenue we could expect to gain from changes there. Then you can compare that to the amount that could be gained from returning the top tax rates to historical averages.

If you can do all of that, then I'll believe you honestly think tax rates at the bottom end are a meaningful part of this discussion. I'm convinced they're not. And I'm pretty sure you know that too.
--

Drew
     Almost half on the free ride plan - (beepster) - (44) - April 7, 2010, 05:00:41 PM EDT
         Heh. Make that nearly 2/3. - (Another Scott) - (39) - April 7, 2010, 05:27:54 PM EDT
             So why aren't we... - (beepster) - (38) - April 7, 2010, 05:48:14 PM EDT
                 Who's we? - (Another Scott) - (37) - April 7, 2010, 06:34:48 PM EDT
                     @00k peanuts depending on where you live - (boxley) - (36) - April 7, 2010, 07:44:48 PM EDT
                         Top 2-3% says otherwise. - (Another Scott) - (35) - April 7, 2010, 09:26:34 PM EDT
                             Tell them to pay some - (beepster) - (34) - April 8, 2010, 12:12:12 AM EDT
                                 If you're in the top 2-3%, what are you? "Middle class"??? - (Another Scott) - (32) - April 8, 2010, 07:57:25 AM EDT
                                     Re: If you're in the top 2-3%, what are you? "Middle class" - (folkert) - April 8, 2010, 09:10:48 AM EDT
                                     In NYC...pretty much. - (beepster) - (30) - April 8, 2010, 12:03:52 PM EDT
                                         WOT - (jbrabeck) - (2) - April 8, 2010, 12:23:14 PM EDT
                                             :-) -NT - (Another Scott) - April 8, 2010, 12:29:10 PM EDT
                                             NYC, not SLC ;-) -NT - (beepster) - April 8, 2010, 12:29:13 PM EDT
                                         Only if you twist the words to mean something else. - (Another Scott) - (25) - April 8, 2010, 12:28:51 PM EDT
                                             These terms define a standard of living - (beepster) - (24) - April 8, 2010, 12:31:16 PM EDT
                                                 And so are the opportunities - (crazy) - (23) - April 8, 2010, 01:02:12 PM EDT
                                                     So you think the folks in Brooklyn or the Bronx are making.. - (beepster) - (22) - April 8, 2010, 01:37:30 PM EDT
                                                         Huh? - (crazy) - (21) - April 8, 2010, 01:58:46 PM EDT
                                                             What I'm saying - (beepster) - (20) - April 8, 2010, 03:59:26 PM EDT
                                                                 The tax in question is an *income* tax. - (Another Scott) - April 8, 2010, 05:02:37 PM EDT
                                                                 Curious - (drook) - (18) - April 9, 2010, 01:08:12 AM EDT
                                                                     Yup - (crazy) - (17) - April 9, 2010, 07:16:43 AM EDT
                                                                         Missing point of the article, aren't you. - (beepster) - (16) - April 9, 2010, 11:10:48 AM EDT
                                                                             AKA - "The way to Utopia is via a race to the bottom." :-/ -NT - (Another Scott) - (1) - April 9, 2010, 12:46:17 PM EDT
                                                                                 Hardly - (beepster) - April 9, 2010, 01:22:16 PM EDT
                                                                             You argue tactics while assaulting our motives - (drook) - (7) - April 9, 2010, 03:52:12 PM EDT
                                                                                 How is it that you "know" this.. - (beepster) - (6) - April 9, 2010, 05:47:28 PM EDT
                                                                                     That's not the argument I'm making - (drook) - April 9, 2010, 09:27:39 PM EDT
                                                                                     The Laffer curve is not linear - (mhuber) - (4) - April 10, 2010, 04:05:14 AM EDT
                                                                                         No duh - (beepster) - (3) - April 10, 2010, 02:36:41 PM EDT
                                                                                             Look at your own argument - (drook) - (2) - April 10, 2010, 02:55:39 PM EDT
                                                                                                 each person - (beepster) - (1) - April 10, 2010, 03:12:20 PM EDT
                                                                                                     What was your point then? - (drook) - April 10, 2010, 03:34:22 PM EDT
                                                                             So, is the strategy - (mhuber) - (2) - April 10, 2010, 04:24:29 AM EDT
                                                                                 No, the strategy should be.. - (beepster) - (1) - April 10, 2010, 02:33:36 PM EDT
                                                                                     "Creativity" is always the wrong answer - (drook) - April 10, 2010, 02:58:55 PM EDT
                                                                             1.5% sound about right? - (Another Scott) - (2) - April 10, 2010, 07:15:04 AM EDT
                                                                                 Apples and Oranges - (beepster) - (1) - April 10, 2010, 02:40:59 PM EDT
                                                                                     That's just one example. - (Another Scott) - April 10, 2010, 03:47:13 PM EDT
                                         I've used the same example - (crazy) - April 8, 2010, 12:55:04 PM EDT
                                 That's the problem beep - (jake123) - April 8, 2010, 01:24:11 PM EDT
         Re: Almost half on the free ride plan - (malraux) - (3) - April 7, 2010, 06:14:20 PM EDT
             Thanks for the pointer. -NT - (Another Scott) - April 7, 2010, 06:36:28 PM EDT
             he's missing a key point... - (beepster) - (1) - April 8, 2010, 12:18:36 AM EDT
                 The rest of the first world - (jake123) - April 8, 2010, 01:27:37 PM EDT

Who left that on the floor?
66 ms