Ok, fair enough. Let's have a look at the numbers for 2013. SS/Medicare = 1,823 Billion Defense = 672 Billion Interest = 246...
Agreed. But the reality is that it is easy to tell the public that you are simply going to freeze spending levels for the next 10 years and give...
That is true, but the main problem right now isn't that we are creating new and expensive programs. The biggest problems are in trying to...
Good background. BS Econ/Finance here. Also thought about masters, but no time while running my business. I commend you for your political...
True, as long as taxes are increased during the expansion. Both sides try to use half of what Keynes said. It can't just be never ending cuts to...
I think it is a lot less cut and dry than you are making it sound. Define what aspects of the tax cuts worked in the past, then we can go with...
Keep in mind that each of those circumstances was preceded by much higher rates than our current climate. Kennedy cut the top marginal rate...
Our tax code is already setup to target certain sectors. I would suggest something completely different if I could, but I thought we were...
My comments were based on the assumption that allowing a complete housing crash would be unacceptable. Thus, if there is going to be...
I might also mention that the bulk of negative equity mortgages are homes valued below $200K. It is estimated that there are about 11MM negative...
I don't disagree that a contraction was inevitable and necessary in housing. But unfortunately we created a situation in which the entire economy...
BTW, no I don't buy into the left's misunderstanding of business. I simply also don't buy into the right's delusions of business.
Take that same model and assume that the gment would send you a check for the lesser of $25K or 40% of the renovation costs on those flips....
yes, but in the context of politics, it is a very useful term that should be more widely utilized. E.G. A dyslogistic description of...
No, I don't think it is the business of the gment to attempt to extract as much money as possible from the population. On the contrary, I think...
This is true, but there are better and more direct ways to accomplish this IMO. Subsidies and credits are a much more efficient and direct form...
Don't put words in my mouth. I never argued for or against any particular level of tax revenue. Only that it is very illogical to assume that we...
If people are going to make an argument in favor of certain policy, it doesn't do them any good to avoid reality. Obama completely avoided...
Personally, I'm getting pretty tired of the Laffer Curve constantly being misrepresented, even by Mr. Laffer himself. It is thrown around so...
The only actual tax return that we've seen thus far is 13.9% and it is well documented that the average effective rate for households $50-70K is...
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