It took every fiber of my being not to downvote this childish perspective on taxes and the economy. My god, is this how Progressives think? Fucking child abuse.

@blankfist in the conservative version, they don't feed the kid lines, they just show them screaming "mine!" for 2 minutes straight.

*money
*kids

Adding video to channels (Kids, Money) - requested by NetRunner.

Moving this video to davidraine's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.

*beg
Won't somebody think of the children!?

Sending this video to Beggar's Canyon to plea for a little attention - beg requested by original submitter davidraine.

Nine vote limbo...
*beg

Sending this video to Beggar's Canyon to plea for a little attention - beg requested by original submitter davidraine.

Wow, this video may be the definition of where the line between sifted and unsifted is. Let's find out: *beg

Sending this video to Beggar's Canyon to plea for a little attention - beg requested by original submitter davidraine.

Let's see.

Conservatives say tax cuts on the rich help the economy.

Yet, taxes on the rich have hardly ever been lower, the economy sucks.

Liberals say that the tax rate on the rich does not have a major impact on economic growth. Let's see who's right.

http://kemstone.com/Journal/wp-content/uploads/2010/10/marginalGrowth.jpg

Oh, would you look at that! Back in the 1930s when tax rates on the wealthiest were 90% Yes, 90%! The growth rate averaged about the same as it does now, perhaps a little higher even. Rapid drops in the marginal tax rate did not have any appreciable impact on the economic growth rate.

Imagine that. The conservatives have been lying to everyone all these years. I wonder if it has anything to do with the fact that conservative politicians get most of their financial support from the wealthiest citizens?

>> ^Drachen_Jager:

Let's see.
Conservatives say tax cuts on the rich help the economy.
Yet, taxes on the rich have hardly ever been lower, the economy sucks.
Liberals say that the tax rate on the rich does not have a major impact on economic growth. Let's see who's right.
http://kemstone.com/Journal/wp-content/uploads/2010/10/marginalGrowth
.jpg
Oh, would you look at that! Back in the 1930s when tax rates on the wealthiest were 90% Yes, 90%! The growth rate averaged about the same as it does now, perhaps a little higher even. Rapid drops in the marginal tax rate did not have any appreciable impact on the economic growth rate.
Imagine that. The conservatives have been lying to everyone all these years. I wonder if it has anything to do with the fact that conservative politicians get most of their financial support from the wealthiest citizens?


You do know that government spending is counted in GDP right? That isn't "real" growth this chart is measuring, just money being spent...even if that money was government debt. They weren't building the job of the future in many cases. The argument for taxation shouldn't start at what makes the economy the best as the first argument, but what is the most fair. Why are people that have more money less entitled to it than those that have less, perhaps not even substantially less? Obviously, you don't need to add incentives to getting rich with low taxes, but taxes shouldn't be the means of social change but funding the affairs of government. Anything else is a moral argument which shouldn't be in the realm of governments to answer. What you view as "good" in economic growth, a environmental-minimalist sees as a rape of the natural world...who is right, more important, who are you to tell either one they are wrong?