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I have a BS degree in Math from a major university and I'll be damn ,,,,,,, (Original Post) Cryptoad Sep 2017 OP
It's Trump University math dalton99a Sep 2017 #1
DUZY! eom LittleGirl Sep 2017 #15
Did you remember Turbineguy Sep 2017 #2
always seemed to me that if you have less money you have less money dembotoz Sep 2017 #3
See, your fancy book learning school didn't teach you fundamental economics Yavin4 Sep 2017 #4
Trumpist Dumbfuckistan just has the BS. n/t rzemanfl Sep 2017 #5
But he has those Cryptoad Sep 2017 #7
Deficits only matter if Dems hold the Oval. kairos12 Sep 2017 #6
Is anyone snowybirdie Sep 2017 #8
maybe that why they are selling Fema Ice in PR,,,,,, Cryptoad Sep 2017 #14
You should have gone to Trump U leftofcool Sep 2017 #9
But, What Would You Know? ProfessorGAC Sep 2017 #10
A lot of people still believe that cutting taxes Mariana Sep 2017 #11
You And Your Logic! ProfessorGAC Sep 2017 #12
Endtimers madokie Sep 2017 #13
I'm terrible at math and GallopingGhost Sep 2017 #16
Voodoo economics, they're using the same lie they've told for decades IronLionZion Sep 2017 #17
Since When?????? Cryptoad Sep 2017 #22
A large portion of that is increased defense spending IronLionZion Sep 2017 #24
It is a clear indication of how their moral Enoki33 Sep 2017 #18
The more they talk this Trickle Down HS the more light will be on Kansas and Brokeback..... Bengus81 Sep 2017 #19
I have an MS in Physics, and the issue is clear: BlueAZure Sep 2017 #20
The Dick Cheney said deficits dont matter lunatica Sep 2017 #21
Dick clearly meant: Republican deficits don't matter. nt NCjack Sep 2017 #28
Tax cuts boost the economy Phoenix61 Sep 2017 #23
And, In The 50's When The High Rate Was 90% . . . ProfessorGAC Sep 2017 #25
FAct,,,,, Cryptoad Sep 2017 #29
Dead On! ProfessorGAC Sep 2017 #33
It's all about making the rich even richer. That's all. nt Binkie The Clown Sep 2017 #26
Economists don't haver to do math. Scruffy1 Sep 2017 #27
You have a BS in math flotsam Sep 2017 #30
We should stop being stupid. There is low-hanging-fruit taxes available -- just take it. NCjack Sep 2017 #31
I got a PhD in math at a top school...and I have it figured out. Lucky Luciano Sep 2017 #32

Turbineguy

(37,337 posts)
2. Did you remember
Fri Sep 29, 2017, 09:52 AM
Sep 2017

to put in the Magic Constant, "k"? No GOP math works without it.

Well, OK, GOP Math doesn't work with it either.

Yavin4

(35,441 posts)
4. See, your fancy book learning school didn't teach you fundamental economics
Fri Sep 29, 2017, 09:58 AM
Sep 2017

The biggest economic problem that we have is that rich people pay too much in taxes. Private islands, jets, boats, mansions, etc. all that shit costs money.

ProfessorGAC

(65,060 posts)
10. But, What Would You Know?
Fri Sep 29, 2017, 10:34 AM
Sep 2017

You went to college sure, but was it paid for by super-rich benefactors who want something in return? No? Me neither!

And now you understand their math.

Mariana

(14,858 posts)
11. A lot of people still believe that cutting taxes
Fri Sep 29, 2017, 11:09 AM
Sep 2017

always raises more revenue. I say if that's true, we should cut all taxes to zero, which would raise infinite revenue. Right?

ProfessorGAC

(65,060 posts)
12. You And Your Logic!
Fri Sep 29, 2017, 11:13 AM
Sep 2017

Probably went to college or something. Right, smartypants?

BTW: Like toad i have a math degree too. MS Stats back in the 80's about 5 years after i got my MS in Organic Chemistry.

So, you, me and toad; we just don't understand, i guess.

madokie

(51,076 posts)
13. Endtimers
Fri Sep 29, 2017, 11:18 AM
Sep 2017

and they want to get their hands on as much as they can before Jeebus shows up in the eastern sky

They really haven't thought this through cause to the east is where their arch enemies are for starters LOL

I'm only being half assed sarcastic with this, sorry

Peace

IronLionZion

(45,450 posts)
17. Voodoo economics, they're using the same lie they've told for decades
Fri Sep 29, 2017, 11:57 AM
Sep 2017

that tax cuts will boost the economy and create so many jobs and give everyone a free unicorn that the government will additional revenue falling from the hind quarters of the unicorns

Meanwhile they'll cut services for poor people and blame immigrants when it doesn't work.

Bengus81

(6,931 posts)
19. The more they talk this Trickle Down HS the more light will be on Kansas and Brokeback.....
Fri Sep 29, 2017, 12:12 PM
Sep 2017

Jesus,if we aren't a shining example of WHY that BS won't work then what is? Plus...no one can claim well.. that was decades ago--when it started in 2013 with a tax cut for Kansas Corporations down to 0%.

Did new Corps and business FLOOD the State,hell no!! What happened was that every business that USED to be a partnership went on-line and got their $50.00 LLC and walla--NO TAXES on pass through income!! At one point there were about 330,000 corporations in the State paying ZERO TAXES. Even basketball coach Bill Self at KU got in on the action.

Meanwhile back at the ranch...the rest of us working slobs got nailed with TWO sales tax increases,schools running on fumes,KDOT road projects canceled State wide,a State elimination of mortgage interest write off and a shortfall of nearly $900M big ones. That's what Tinkle down did to this State in just four years and will take YEARS to fix.

 

BlueAZure

(19 posts)
20. I have an MS in Physics, and the issue is clear:
Fri Sep 29, 2017, 12:13 PM
Sep 2017

It's a quantum spin state-change.

Dems in office = Deficits BAD
Repugs in office = Deficits DON'T EXISTS

Phoenix61

(17,006 posts)
23. Tax cuts boost the economy
Fri Sep 29, 2017, 12:28 PM
Sep 2017

is true ONLY when taxes are crippling the economy i.e. when they are extremely high. That is not the case here, not by a long shot. This has been stated over and over and consistently ignored. Repub math in action.

ProfessorGAC

(65,060 posts)
25. And, In The 50's When The High Rate Was 90% . . .
Fri Sep 29, 2017, 12:37 PM
Sep 2017

. . .there were so many loopholes that hardly any high earners actually paid that. So, it didn't cripple the economy even then.

There is no good argument for it absent a massive world economic contraction that is exacerbated by high taxation rates. In and of themselves, there is no data to support that high taxes alone cause macroeconomic distress.

So, like you said, repub math in action.

Cryptoad

(8,254 posts)
29. FAct,,,,,
Fri Sep 29, 2017, 01:06 PM
Sep 2017

take the 1953 tax code and adjust the income brackets for inflation and the budget would be balanced within one year, Nation Debt paid off in 10 years, Rich would still be rich but working people would be making at least a living wages. That period was our nation's time of the most robust economy we have ever had!

Scruffy1

(3,256 posts)
27. Economists don't haver to do math.
Fri Sep 29, 2017, 12:59 PM
Sep 2017

The way most economists make a living is telling rich people what they want to hear. If you do that you get an endowed chair and can brainwash students into actually believing the mystical BS.Of course, spending on infrastructure has a large long term stimulus effect, but they can safely ignore that because they know the rulers of the financial univerrse want the cash ASAP. Of course no reporter would ever ask the simple question:"If private spending boosts the economy, wouldn't government spending do the same?" If they did they would be driving for uber.You can also safely overlook the fact that food stamps have the largest economic multiplier of any kind of spending since the powers that be don't want to hear it and are obsessed with keeping the proles desperate so they always have somebody to clean their toilets. By logic it should lead to more financial aid to the poor but then the help might start to get uppity. That's the way it is in our 21st century plantation.
The fact that most corporations are paying diviedends should destroy the tax cut myth. When a company pays a dividend they are admitting they have more money than they know what to do with.

flotsam

(3,268 posts)
30. You have a BS in math
Fri Sep 29, 2017, 01:11 PM
Sep 2017

and you have the nerve to challenge the veracity of the very people who put the BS in math???

NCjack

(10,279 posts)
31. We should stop being stupid. There is low-hanging-fruit taxes available -- just take it.
Fri Sep 29, 2017, 01:13 PM
Sep 2017

There's all those profits in off-shore banks. We can get it back quickly this way:

1. Demand that within 1 month, bring the money home and pay the current tax rate.
2. Don't do that, and the repatriation tax rate increases by 15% for every month of delay.
3. When the tax rate grows to over 100%, the IRS is directed to collect the tax by seizing the accounts and bring all the money home. The money brought home is applied against the tax bill, and the unpaid part is immediately due, with applicable penalties.

There would be a giant "swooshing" sound of money flying into the US Treasury.

Now, we can fund a healthcare system.

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