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Old 02-22-2013, 02:18 PM
 
Location: Where they serve real ale.
7,242 posts, read 7,905,875 times
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We'd see a massive drop in tax income and the deficit doubling over night.
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Old 02-22-2013, 02:19 PM
 
Location: the very edge of the continent
88,989 posts, read 44,804,275 times
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Quote:
Originally Posted by pknopp View Post
Generalization that can not be answered.
Scenario: Corporate subsidies end. Prices skyrocket because the cost of doing business has skyrocketed. Will the poor and middle classes be okay with that?
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Old 02-22-2013, 02:20 PM
 
Location: the very edge of the continent
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Originally Posted by Think4Yourself View Post
We'd see a massive drop in tax income and the deficit doubling over night.
End welfare subsidies at all levels. Spending would drop. The deficit would drop.
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Old 02-22-2013, 02:21 PM
 
Location: The Brat Stop
8,347 posts, read 7,239,563 times
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Quote:
Originally Posted by alphamale View Post
Seems on topic to me.

Look, I'm here to try and teach you something....now pay attention to us adults.
Why would I buy into your rhetoric that's been proven wrong over and over.
The thread title/topic was about a 15.3% flat tax, NOT 5, 10, OR 15 PERCENT or a left-right issue.
Stop screwing around trying to change the topic.
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Old 02-22-2013, 02:25 PM
 
Location: The Brat Stop
8,347 posts, read 7,239,563 times
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Quote:
Originally Posted by InformedConsent View Post
Scenario: Corporate subsidies end. Prices skyrocket because the cost of doing business has skyrocketed. Will the poor and middle classes be okay with that?
That sort of doesn't make any sense though. How would prices skyrocket if businesses are already paying 15% now? How would the cost of doing business skyrocket if subsidies were removed? after all, that is a form of a government handout which is what some people would like to see if entitlements were cut.
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Old 02-22-2013, 02:26 PM
 
98 posts, read 54,727 times
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Quote:
Originally Posted by InformedConsent View Post
Correct. So why do they have to pay nearly 56 times more in federal income tax than the middle class, while earning only 14 times as much?

Proven, here:
http://www.city-data.com/forum/27939254-post52.html
LOL. How is it proven? You think by showing your out of context work you prove anything?

BUT. Let's just assume it is correct. Then so what? You want to take more from the middle class and lower class to lesson the burden on the upper class? Is that what you want?

Quote:
Would that be the same government services and benefits that foster welfare-dependency by handing out freebies to the poor, thereby incentivizing a 3 times higher birth rate among the welfare-dependent than everyone else with the following results ?:

Nutritional assistance program
47 percent of beneficiaries were children under age 18.
8 percent were age 60 or older.
(Table A.21).

U.S. poverty rates by age
Children 18 and under: 27%
Adults 19-64: 19%
Elderly 65+: 12%
Poverty Rate by Age - United States - Kaiser State Health Facts
So can I assume you CAN't answer my question and are DEFLECTING.

Did you know that in the country Sudan the birth rate is 4.3 children per woman despite the lack of welfare benefits. Did you know the trend is similar for birthrates among the poor throughout the world despite welfare benefits or not....
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Old 02-22-2013, 02:27 PM
 
Location: the very edge of the continent
88,989 posts, read 44,804,275 times
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Quote:
Originally Posted by NoJiveMan View Post
That sort of doesn't make any sense though. How would prices skyrocket if businesses are already paying 15% now?
Ending so-called "corporate welfare" would increase the costs of doing business, resulting in higher prices for goods and services. Econ 101.
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Old 02-22-2013, 02:27 PM
 
98 posts, read 54,727 times
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Quote:
Originally Posted by InformedConsent View Post
Scenario: Corporate subsidies end. Prices skyrocket because the cost of doing business has skyrocketed. Will the poor and middle classes be okay with that?
Of course not. That's why it is a good idea to have a strong government in these modern, global times.
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Old 02-22-2013, 02:28 PM
 
98 posts, read 54,727 times
Reputation: 21
Quote:
Originally Posted by InformedConsent View Post
Ending so-called "corporate welfare" would increase the cost of doing business, resulting in higher prices for goods and services. Econ 101.
And ending welfare for the lower class will just make them poorer and create only more instability. Ever open a history book and see the basis of most rebellions and social uprisings? History 101.
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Old 02-22-2013, 02:29 PM
 
Location: the very edge of the continent
88,989 posts, read 44,804,275 times
Reputation: 13693
Quote:
Originally Posted by dmoneyboomboom View Post
LOL. How is it proven? You think by showing your out of context work you prove anything?
It's not out of context. Look up the median income of the middle class and the top 1%. My math example is SPOT ON.

Quote:
Did you know that in the country Sudan the birth rate is 4.3 children per woman despite the lack of welfare benefits.
What's the infant mortality rate?
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