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Republican Governor learns his tax cuts for the rich didn't work

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posted on Jan, 5 2015 @ 02:11 PM
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originally posted by: Edumakated
At the end of the day, we are still talking about Kansas... We aren't talking about a state that everyone is dying to move to and that also has a diversity of well paying industries.


Like Missouri is a haven of industry? Nice try though..


Unfortunately for Brownback, the report showed that the Missouri side of the state line had gained jobs at four times the rate of the Kansas side. And yes, that’s after including new employment in Johnson and Wyandotte counties.



originally posted by: Edumakated
I'm not sure tax cuts alone can help Kansas.


Then maybe Brownback and the GOP at large shouldn't claim the same?


originally posted by: Edumakated
You also need to cut spending.


He did that too...Cut spending on Children...kept the tax breaks for corporations.



Shortly after noon Tuesday, a judicial panel in Shawnee County released a ruling that Kansas was inadequately funding K-12 education.



www.kansascity.com...

Economists have repeatedly and exhaustively studied what spurs economic growth. The closer to the lower or middle class the dollars land the greater the economic impact. In the case of the poor...any added dollars are immediately spent on essentials..those dollars are returned to the economy (private businesses) virtually immediately...move up to the wealthy and corporations and that money is "parked" indefinitely and often passed down through generations.

Silly, Silly, Ayn Rand fantasies in real world practice...the woman was literally and admittedly mentally ill.

edit on 5-1-2015 by Indigo5 because: (no reason given)




posted on Jan, 5 2015 @ 02:14 PM
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I love the "tax cuts for the rich" phrase. FYI the rich are the only people you can cut taxes for. Lower Middle class on down get more out of the govt than they pay in. You can't cut anything from them. You could increase their kickbacks, but you can't cut what they aren't paying.

Anyhow, carry in with the rich hating.



posted on Jan, 5 2015 @ 02:18 PM
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a reply to: jjkenobi

It gets better than that.

The 'rich haters' entire platform is just to rob from the rich so the poor can go out, and buy MORE stuff.

State sanctioned greed, and materialism.

Everything they decry them evil rich folks of, but they are 'better' ! ! ! !
edit on 5-1-2015 by neo96 because: (no reason given)



posted on Jan, 5 2015 @ 02:21 PM
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originally posted by: neo96
The 'rich haters' entire platform is just to rob from the rich so the poor can go out, and buy MORE stuff.


Which stimulates the economy.... unlike the rich hoarding it and the interest gets spread only among themselves.



posted on Jan, 5 2015 @ 02:28 PM
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a reply to: intrepid

Taxes do not 'stimulate' the economy. It takes money out of it.

The rich 'hoarding' it !! that was GD hilarious.

Money that earns interest CREATES NEW WEALTH.

Not just redistribute around that ALL social programs do.

Funny thing there. If taking money from the evil rich is the 'right' solution. Then why since the GD war on poverty began. Today there are MORE people broke. MORE dependent upon the state. Than at any other time in America history.

Because Republicans opposites don't know what the hell. They are talking about.



posted on Jan, 5 2015 @ 02:31 PM
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a reply to: neo96

Perhaps you missed the fact that income taxes went way, way down during that same time frame?



posted on Jan, 5 2015 @ 02:31 PM
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a reply to: neo96

If you can't see the incongruity and actual falsehoods there me pointing them out will accomplish nothing.



posted on Jan, 5 2015 @ 02:34 PM
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originally posted by: Greven
a reply to: neo96

Perhaps you missed the fact that income taxes went way, way down during that same time frame?


I don't believe in income taxes.

It needs to be abolished. For some odd reason the mob thinks the state spends our money better than we can.

Then it can't be used as a wedge issue. To divide, and conquer.



posted on Jan, 5 2015 @ 02:34 PM
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originally posted by: intrepid

originally posted by: neo96
The 'rich haters' entire platform is just to rob from the rich so the poor can go out, and buy MORE stuff.


Which stimulates the economy.... unlike the rich hoarding it and the interest gets spread only among themselves.


Sometimes I think people's understanding of economic principles comes from reading "Scrooge McDuck" comic books. The "rich" or highest wage earners, do not sit on a pile of money and jewels and gold in their mansions. If they did so, they would not remain rich for long. This is why many formerly wealthy families gradually decay away if they just rely on old money that their parents and grandparent and great grandparents earned. The wealthy remain so by keeping their money working for them--by investing, investing, investing to stay ahead of entropy. This keeps money in the economy in that that money is kept working and it supplies jobs and operating capital for business and so forth. Paying someone to work and expand their business creates jobs and helps the economy. Paying someone to do nothing does not.



posted on Jan, 5 2015 @ 02:39 PM
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originally posted by: intrepid

originally posted by: neo96
The 'rich haters' entire platform is just to rob from the rich so the poor can go out, and buy MORE stuff.


Which stimulates the economy.... unlike the rich hoarding it and the interest gets spread only among themselves.


How do you defining "hoarding" and "stimulating the economy"?

Do you think when poor people spend money they buy things from other poor people? It goes, for the most part, back to businesses owned by rich people to by products and services.

But it might help the government for redistributing the money from rich to poor if there are sales taxes.



posted on Jan, 5 2015 @ 02:39 PM
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originally posted by: intrepid
a reply to: neo96

If you can't see the incongruity and actual falsehoods there me pointing them out will accomplish nothing.



The 'incogruity' was ALREADY pointed out.

That's isn't a 'falsehod' thats stating te GD FACTS:

Like these:



The American republic has endured for well over two centuries, but over the past 50 years, the apparatus of American governance has undergone a radical transformation. In some basic respects—its scale, its preoccupations, even many of its purposes—the U.S. government today would be scarcely recognizable to Franklin D. Roosevelt, much less to Abraham Lincoln or Thomas Jefferson.




In 2010 alone, government at all levels oversaw a transfer of over $2.2 trillion in money, goods and services


18 Trillion dollars in debt by the LEFT playing Robbing Hood.

92 TRILLION of empty promises that can never be paid for.

But hey never mind the TRUTH.

It's them GD evil rich peoples 'fault'.
edit on 5-1-2015 by neo96 because: (no reason given)



posted on Jan, 5 2015 @ 02:40 PM
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a reply to: NavyDoc

Nice in theory but in practically doesn't fly. It's been shown for decades that "trickle down economics" doesn't work. Neo asked a question, "Why are there more broke people today?" Because this policy of TDE is taking from the majority and and benefiting a few. And they ain't sharing. Even Huey, Dewey and Louie can see that.



posted on Jan, 5 2015 @ 02:41 PM
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High taxes on the "rich" give the money to the "poor".

Then the "poor" spend the money and the rich get richer.

Who is the joke on again?

In the meantime, the "governments" keep getting poorer and poorer and poorer and ......

Then the debt busts wide open





posted on Jan, 5 2015 @ 02:50 PM
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a reply to: xuenchen

The only thing that pays for social programs is them evil rich people.

Because we ALL KNOW the people who are using them sure aren't.

Even by nickle, and diming the rich, borrowing money from CHINA, and issuing treasuries.

The money collected comes to a massive shortfall because the people are getting more out of that system than they EVER pay in.

Hence our deficit that creates debt. That created our LARGEST creditor CHINA.



posted on Jan, 5 2015 @ 02:51 PM
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originally posted by: neo96
I don't believe in income taxes.

It needs to be abolished. For some odd reason the mob thinks the state spends our money better than we can.

Then it can't be used as a wedge issue. To divide, and conquer.

Well, they exist, so...

You want to abolish one of the fairer ways of distributing tax burden? Institute a sales tax? Property tax? Gut our military?

Do go on, what would you like to do here?



posted on Jan, 5 2015 @ 02:53 PM
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a reply to: Jamie1

There is more involved than just purchasing goods. Manufacturing, logistics, etc. For a person to buy goods they have to be made or harvested. Moved. Stocked and sold. That benefits store clerks. Truckers. Manufacturing workers. Farmers. Etc. But you're right. In the end the big boys get their money. And trust me, if they aren't those I just mentioned are the first to be sacrificed.



posted on Jan, 5 2015 @ 02:57 PM
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originally posted by: neo96
a reply to: xuenchen

The only thing that pays for social programs is them evil rich people.

Because we ALL KNOW the people who are using them sure aren't.

Even by nickle, and diming the rich, borrowing money from CHINA, and issuing treasuries.

The money collected comes to a massive shortfall because the people are getting more out of that system than they EVER pay in.

Hence our deficit that creates debt. That created our LARGEST creditor CHINA.

What's Social Security, then? Do you know what rich people pay into that? A maximum amount - capped at a percentage of around $100k, right now. They sure as hell don't fund that.

Coincidentally, our largest creditor is not China, but (last I checked) also Social Security.



posted on Jan, 5 2015 @ 02:58 PM
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a reply to: Greven

The US government already makes a killing on taxes. Without the Income tax.

There is nothing fair about the current tax system.

Everyone pays the same rate or not at all.

And not the GD apples to oranges deal between payroll, and capitol gains.

The ultimate check to government power was MONEY. It doesn't have absolute power to create taxes to pay for peoples existence in this world.

And that MEANS by not robbing from the haves so the 'less' fortunate' can go out, and buy more corporate products.

The only thing the LEFT has done is virtually guarantee them evil rich folks, and them evil business income.

For a group of people that claims to believe in 'science' need to put their money where their mouth is, and PROVE they believe in EVOLUTION.

Instead of social engineering the environment to suit individual mediocrity.

Hell adapting to the environment is supposedly how we became top of the GD food chain.

Hiding behind government, and just voting themselves things sure proves the reality.

That the left is the party of 'anti' science.



posted on Jan, 5 2015 @ 03:04 PM
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And if one thinks that a company won't throw it's employees under the bus for profit just look at companies moving production overseas:


Despite a lot of talk and articles written about reshoring -- bringing production back to the United States -- offshore outsourcing of manufacturing and service-sector jobs to foreign nations continues to plague the American economy.

Hundreds of major American corporations are shipping thousands of jobs overseas, according to an analysis of Trade Adjustment Assistance (TAA) filings made to the U.S. Department of Labor's Employment and Training Administration on behalf of the displaced workers.


www.manufacturingnews.com...

"Evil rich?" I can live with that term.



posted on Jan, 5 2015 @ 03:07 PM
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originally posted by: intrepid
a reply to: NavyDoc

Nice in theory but in practically doesn't fly. It's been shown for decades that "trickle down economics" doesn't work. Neo asked a question, "Why are there more broke people today?" Because this policy of TDE is taking from the majority and and benefiting a few. And they ain't sharing. Even Huey, Dewey and Louie can see that.



"Trickle down economics" is a strawman that leftists built up so they could attack it and ignore sound economic principles. It never existed. As for the inverse ratio of taxes to the economy, Keynes, Wilson, Kennedy all recognized it:




In his 1919 address to Congress, Woodrow Wilson warned that, at some point, "high rates of income and profits taxes discourage energy, remove the incentive to new enterprise, encourage extravagant expenditures, and produce industrial stagnation with consequent unemployment and other attendant evils."





In a 1962 address to Congress, John F. Kennedy said, "it is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now."

This was not a new idea. John Maynard Keynes said, back in 1933, that "taxation may be so high as to defeat its object," that in the long run, a reduction of the tax rate "will run a better chance, than an increase, of balancing the budget." And Keynes was not on "the far right" either.


townhall.com... /07/the-trickledown-lie-n1772687/page/full



Pop quiz: what do you do when you are a politician who finds himself incapable of debating the merits of an opposing viewpoint? Answer: invent a viewpoint no one holds, critique that viewpoint, and claim intellectual victory.

That’s what happens when politicians talk about “trickle-down economics” – when in fact the truth is exactly the opposite of what liberals think it is.




www.nccivitas.org...




As almost any entrepreneur – big or small – can tell you, when a business investment is made it is the workers who get paid first. Profits and capital gains only come later. For instance, when a new restaurant opens up, construction workers and interior designers get paid for building or renovating the space. Companies make money providing the furnishings and kitchen equipment. The wait staff, cooks and cleaning crew receive regular paychecks for doing their work. Furthermore, the food and beverage suppliers likewise get paid. Only later, if the restaurant is successful, do the owners see a return on their investment.

Even hugely successful corporations can often take years to break even. For instance, Amazon began in 1995 but didn’t turn its first profit until six years later after sustaining billions in losses. All that time, its workers and suppliers kept collecting checks.


Investment keeps jobs and lets companies start and expand.




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