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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (529990)	11/17/2009 5:35:41 PM
From: longnshort	1 Recommendation Read Replies (1) \| Respond to of 1578603

would a 100% tax rate produce any revenues ?

To: bentway who wrote (529990)	11/17/2009 5:40:10 PM
From: i-node	Read Replies (1) \| Respond to of 1578603

>> How would a ZERO rate raise any revenue at all? You idiot. The Laffer curve clearly reflects the fact that there are two points that will raise zero revenue -- 100% and 0%. Nobody has suggested 0%, and in fact when Laffer presented it to Cheney, et.al., it was specifically pointed out that there are two tax rates that will raise zero revenue. You really don't know anything about this subject and the more you talk about it the more evident that becomes.

To: bentway who wrote (529990)	11/17/2009 5:43:14 PM
From: i-node	1 Recommendation Read Replies (1) \| Respond to of 1578603

>> You guys ALWAYS say lower taxes are better, without fail. ALWAYS. Because tax rates have always, since the term "Laffer Curve" became a household term, been above the optimal point. Always. Even after the Reagan tax cuts, because of the elimination of deductions (which obviously affects the optimal tax rate), rates were still above the optimal rate. All of a sudden you are claiming it is common sense, but you've been wrong in every aspect of the concept you have mentioned. Every time you post you show you are more ignorant on the subject.

To: bentway who wrote (529990)	11/17/2009 5:48:38 PM
From: tejek	Respond to of 1578603

DCCC slams Shadegg for suggesting Bloomberg's daughter will be kidnapped Posted: November 17th, 2009 04:03 PM ET From CNN's Lauren Kornreich Washington(CNN) - A spokesman for the Democratic Congressional Campaign Committee criticized a Republican congressman Tuesday for suggesting that Mayor Michael Bloomberg's daughter will be kidnapped by terrorists, calling it evidence that the GOP has been taken over by "Right Wing extremists." "In case there's any doubt of the Republican Party being taken over by the likes of Sarah Palin, Glenn Beck, Michele Bachmann and other Right Wing extremists, last night Republican Rep. John Shadegg actually suggested that Mayor Bloomberg's daughter will be kidnapped by a terrorist," DCCC spokesman Ryan Rudominer said in a statement. "This is what happens when you have a Republican Party undeterred by their embarrassing loss in the NY-23 Special Election and desperate to win over the Right Wing fringe," he added. On the House floor on Monday night, Shadegg criticized Bloomberg for supporting the Obama administration's decision to have the suspected 9/11 terrorists face a trial in New York City. Bloomberg said last week that it's "fitting" to have them tried close to the World Trade Center site and that the city has "hosted terrorism trials before," but Shadegg warned of other repercussions. "I saw the Mayor of New York said today, 'We're tough. We can do it,'" Shadegg said. "Well, Mayor, how are you going to feel when it's your daughter that's kidnapped at school by a terrorist? How are you going to feel when it's some clerk - some innocent clerk of the court - whose daughter or son is kidnapped? Or the jailer's little brother or little sister? This is political correctness run amok." Bloomberg's office said Tuesday it would not comment on the remark.