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Old 07-08-2011, 11:58 AM
 
33,016 posts, read 27,443,387 times
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When tax rates are reduced, my income stays the same, but rents go through the roof and I become worse off.

Aggregate income must increase for tax collections to rise...so WHO (besides landlords) is seeing income growth when taxes are cut?
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Old 07-08-2011, 12:04 PM
 
2,963 posts, read 6,260,120 times
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what the hell are you talking about
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Old 07-08-2011, 12:06 PM
 
Location: North America
19,784 posts, read 15,104,274 times
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Whaaaa???? You talking sales tax, property tax, income tax, withholding tax, gas tax, cigarette tax???? All of the above, none of the above?

Or do you just have an issue with your rent being raised?
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Old 07-08-2011, 12:08 PM
 
Location: Londonderry, NH
41,479 posts, read 59,756,720 times
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OP - back when I rented my fee depended on how old the landlord's boat was.
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Old 07-08-2011, 01:02 PM
 
2,514 posts, read 1,986,274 times
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That only work when we are solvent we aren't so it wont work now.
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Old 07-08-2011, 01:08 PM
 
6,137 posts, read 4,859,570 times
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Quote:
Originally Posted by Majin View Post
what the hell are you talking about
This ^
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Old 07-08-2011, 01:16 PM
 
Location: Long Island, NY
19,792 posts, read 13,941,962 times
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Move along. Nothing to see here.
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Old 07-08-2011, 01:41 PM
 
Location: Del Rio, TN
39,856 posts, read 26,482,831 times
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Quote:
Originally Posted by Majin View Post
what the hell are you talking about
Just remember...the OPs vote counts the same as yours....
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Old 07-08-2011, 02:45 PM
 
2,514 posts, read 1,986,274 times
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Quote:
Originally Posted by freemkt View Post
When tax rates are reduced, my income stays the same, but rents go through the roof and I become worse off.

Aggregate income must increase for tax collections to rise...so WHO (besides landlords) is seeing income growth when taxes are cut?
If you want aggregate income to go up then try printing money and giving it to everyone. That will get you prompt increase in income and with it a prompt increase in spending and with that a prompt increase in employment.

The top 0.1% of the income distribution.
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Old 07-08-2011, 02:50 PM
 
9,848 posts, read 8,278,267 times
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Quote:
Originally Posted by freemkt View Post
When tax rates are reduced, my income stays the same, but rents go through the roof and I become worse off.

Aggregate income must increase for tax collections to rise...so WHO (besides landlords) is seeing income growth when taxes are cut?
First, go elsewhere and rent if you don't like it.
Second, your landlord has taxes, replacement of things tenants break and other things to fix that costs money as well as insurance.
More than likely your landlord has tons of higher expenses since the day you moved in.

That aside, remove some of the hundreds of restrictive business laws of the last few years, get tort reform done and lower the rates to Reagan days and you'd see businesses blooming and an increase to the treasury.
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