SENATE BILL: WHITE HOUSE BUDGET PROPOSAL (On the President's Desk)

[tpfkaw]

Object

[tpfkaw]

"God no."

[tpfkaw]

Taking a page out of your book, hun.  Better idea would be to have no veterans and no combat.

[tpfkaw]

Taking a page out of your book, hun.

I don't understand what you mean.

God no.  I'll not be voting for this.

You must be logged in to read this quote.

My Amendment is focused on those who have already served, not future service.
[/quote]

I don't support spending fortunes worth of other people's money on useless government bureaucracies benefiting only a tiny specially-privileged subset of the population.

[tpfkaw]

Nay.

Object

Explanation?

Wormyguy hates the brown man(and the poor man in general).

oh boy, looks like confusion about what's being debated really is a problem . . .

There is no confusion, most future veterans will come from poor & minority backgrounds. I am sure wormy perfectly knows this, while this went over your head.

Words fail me.

[tpfkaw]

How high can taxes be raised on the wealthy before the law of diminishing returns kicks in?

Up to 100%, since Shua isn't factoring in Laffer Curve effects (which is silly, IMO).

[tpfkaw]

Object

[tpfkaw]

How high can taxes be raised on the wealthy before the law of diminishing returns kicks in?

Up to 100%, since Shua isn't factoring in Laffer Curve effects (which is silly, IMO).

I actually am a little with this, though I'm trying to err on the side of underestimating them. I'm estimating those corporate revenue increases at about 3/4 what would be expected with a straight 1:1 relationship. With those income tax changes it's very hard to guess, especially since it's a slight net tax decrease averaged across rates. Of course, corporate tax rates would influence income tax revenue and vice versa but I'm not going to try to deal with that as long as people as still debating rates for each. Also, this is revenue in the short term; whether tax revenues fall in the long term from a tax increase is not something I'm trying to estimate here.

Yeah, you're doing a sorta logarithmic thing I understand (and even that caused a spaz-out from somebody), but you'd still have revenues going up all the way to 100%, which is still silly.  You have to have an inflection point somewhere, even over a one-year timespan.

[tpfkaw]

Nay

[tpfkaw]

Also, you can't put in tax reductions/changes for later years in a budget for this year, or at very least they won't be binding.

[tpfkaw]

Nay

[tpfkaw]

Object.