fjl2nd Posted November 2, 2012 Share Posted November 2, 2012 http://www.huffingtonpost.com/2012/11/01/congressional-research-service_n_2059156.html The New York Times reported on Thursday that Senate Republicans applied pressure to the nonpartisan Congressional Research Service (CRS) in September, successfully persuading it to withdraw a report finding that lowering marginal tax rates for the wealthiest Americans had no effect on economic growth or job creation. "The pressure applied to the research service comes amid a broader Republican effort to raise questions about research and statistics that were once trusted as nonpartisan and apolitical," the Times reported. Democrats in Congress, however, have resurfaced the report and published it in full. It can be read below. More at the link. Not surprised by the findings of the report or the actions of the Senate. Link to comment Share on other sites More sharing options...
Gary M Posted November 2, 2012 Share Posted November 2, 2012 http://www.huffingto..._n_2059156.html More at the link. Not surprised by the findings of the report or the actions of the Senate. http://www.realclearmarkets.com/articles/2012/10/09/obama_asks_big_business_to_break_the_law_99925.html Link to comment Share on other sites More sharing options...
TPS Posted November 2, 2012 Share Posted November 2, 2012 http://www.huffingto..._n_2059156.html More at the link. Not surprised by the findings of the report or the actions of the Senate. I've been making this argument here for years....Supply-side is bunk.Tax cuts to increase savings doesn't translate to increased real investment (and growth), because investment is driven by demand and competition. More often then not, those policies have caused asset bubbles. Link to comment Share on other sites More sharing options...
Doc Posted November 2, 2012 Share Posted November 2, 2012 Yes, that $80B additional a year from the top-2% will solve all our problems. Link to comment Share on other sites More sharing options...
RkFast Posted November 2, 2012 Share Posted November 2, 2012 (edited) Low tax rates dont spur growth. Obamaphones do. Edited November 2, 2012 by RkFast Link to comment Share on other sites More sharing options...
dayman Posted November 2, 2012 Share Posted November 2, 2012 Lol gop will never reconsider their dogma Link to comment Share on other sites More sharing options...
RkFast Posted November 2, 2012 Share Posted November 2, 2012 (edited) Lol gop will never reconsider their dogma Yeah, but liberals are real felxible and pragmatic. Please. The day Obama doesnt at least once spout the class warfare nonsense will be the first. Edited November 2, 2012 by RkFast Link to comment Share on other sites More sharing options...
dayman Posted November 2, 2012 Share Posted November 2, 2012 Yeah, but liberals are real felxible and pragmatic. Please. The day Obama doesnt at least once spout the class warfare nonsense will be the first. Building and maintaining a strong lasting economy that works for the broad base of the public is hard practical work. All ideas in history have flaws and it would nice to see two parties bang out a variety of ideas, practical real world ideas, and hammer out something good. One side insisting on some theological dogma, demanding CRS reports to be retracted that contradict it, shading history to represent these ideas as something they are not, and refusing to consider other ideas or critically examine their own...is banana republic. If there was a magic pill that was so simple, the party that preached it would forever dominate. There isn't. Just reality. Taxes are low right now (contrary to certain insane rambling). Deficits matter (now more than ever). The economy is changing and must be reactionary the rest of the world. And strong public-private partnerships is what works in the real world. Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted November 3, 2012 Share Posted November 3, 2012 Yes, that $80B additional a year from the top-2% will solve all our problems. Bingo. The excess revenue generated is negligible, but slashes at the morality of a democratic "live and let live" society. What are the economic merits of legislating further leveraging of the assets that already pay 70% of the national tax burden? When does democracy become immoral? Link to comment Share on other sites More sharing options...
3rdnlng Posted November 3, 2012 Share Posted November 3, 2012 Bingo. The excess revenue generated is negligible, but slashes at the morality of a democratic "live and let live" society. What are the economic merits of legislating further leveraging of the assets that already pay 70% of the national tax burden? When does democracy become immoral? The question is, when did it become immoral? Link to comment Share on other sites More sharing options...
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