Saturday, April 25, 2015

No Taxes For The Rich And Trickle-Down, Two Great Plans From Your Friendly GOP!


Both of these "plans" are the same, of course. Why, you ask?

Because Trickle-Down and a tax-free environment for the rich are the cornerstones of Conservatism, AND minsinformed voters and the Low Information Voters are pretty sure that since the GOP is made up of businessmen, that they know best when it comes to the economy.



And they sure know how to spread the word...



...although it's not that complicated...



...for the rich people, that is.



How mistaken are the Trickle-Downers?  On a scale of 1 to 10, about a 12...like these guys.



And Republicans are lining up again to sign Grover Norquist's "tax pledge," proving either that they're pretty stupid to try it again, or are they not the financial experts they claim to be...

"Rand Paul, Ted Cruz First 2016 Candidates To Sign Grover Norquist's Anti-Tax Pledge."

GROVER NORQUIST
Nicholas Kamm via Getty Images
"Sen. Rand Paul (R-Ky.) is the first 2016 candidate to sign the Taxpayer Protection Pledge, promising 'to protect American taxpayers against higher taxes.' He was followed closely by his colleague and 2016 rival, Sen. Ted Cruz (R-Texas).


"Americans for Tax Reform President Grover Norquist, who created the pledge, tweeted the news about Paul and Cruz on Friday..."

You remember Mrs. Norquist's little boy Grover, don't you?

Image result for grover norquist bathtub

A funny thing happened on our way to a Conservative conference on economics...

"New Study Proves Once Again That “Trickle-Down Economics” Are A Massive Scam."


trickle down economics

"For the past few decades, we’ve been told that if we cut tax rates on the richest people in the United States, trickle-down economics would finally work and we’d all be floating in a warm sea of jobs and unbridled prosperity. Yet the fact remains that despite tax rates for the wealthiest Americans being near historic lows, prosperity for everyone else just isn’t happening. Here in Louisiana, state universities are preparing for the possibility that they will have to declare bankruptcy, despite the fact that only 1 in 4 Louisiana corporations pay any net income tax and lawmakers are unwilling or unable to find new ways to close a $1.6 billion budget shortfall.

"Now a new study from the National Bureau of Economic Research shows that giving tax cuts to the wealthiest has very little effect on the economy, further proving that trickle-down economics are nothing more than a scam designed to leverage more tax breaks for those who can easily shoulder the burden.
"The study from Owen Zidar, a professor at the University of Chicago Booth School of Business, found that tax cuts aimed at the top 10 percent of earners produce little stimulative effect on the overall economy. On the other hand, those aimed at the bottom 90 percent have a greater impact.
Zidar examined the short- to medium-term impact of tax changes at the state and federal levels going back to 1948. On the national level, he found a 1 percent gross domestic product (GDP) tax cut aimed at the bottom 90 percent translates to job growth of 2 to 5 percent, but the impact of a similar cut on the top 10 percent of earners has a negligible effect. He reached similar conclusions on the state level: Tax decreases for most of the population generated 5 percent employment growth, but yielded little change when applied to the top income bracket.
"Tax hikes produce similar effects, the paper says. When applied to the rich, they’re insignificant. But when applied to the rest of the population, they have a negative effect on economic activity. (Source)
"Conservatives like to say that liberals and progressives base their arguments on emotions and not numbers or facts, but here we have a study backed by years of economic data which shows that trickle-down economics just don’t work..."

Naturally, the field of candidates for the presidency isFULL full of Cons who not only believe in Trickle-Down, they've killed jobs and ruined countless numbers of lives in the process...

"Job Killing GOP Governors Have Resumes That Should Disqualify Them From Being President."

christie-walker

"By: Keith Brekhus, Friday, April, 24th, 2015, 6:54 pm.

"Three sitting Republican Governors interested in seeking a promotion to become U.S. President, represent states that have posted well-below average job growth over the past four years. From 2011 to 2015, the United States experienced 8.21 percent job growth. The states governed by Republican presidential hopefuls Scott Walker (WI), Bobby Jindal (LA), and Chris Christie (NJ), saw much lower rates of job growth over the same time period.

"Using figures provided by the U.S. Bureau of Labor Statistics from January 2011 to January 2015, Paul Rosenburg at Salon, noted that Wisconsin, Louisiana, and New Jersey, all experienced very sluggish job growth during the four-year period.


"From January 2011 to January 2015, Bobby Jindal’s Louisiana ranked 32nd out of the 50 states for job growth, with 5.4 percent growth. Scott Walker’s Wisconsin ranked 35th with just 4.85 percent growth. Chris Christie’s New Jersey was even more pathetic, ranking 40th, with a mere 4.15 percent increase in jobs over the four-year interval..."

Naturally, when Trickle-Down falls flat on its face like this...



...the Cons have a cure all figured out...



...because they're on the right side of history!



The Cons are insistent that we privatize Social Security, because there's no other way to fix it...



...just as impossible as using alternative sources of energy, as the Oil Boys like to say.



Democrats know nothing about the economy, of course...



...and the Cons think that Americans want something else...


...like Trickle-Down economics...



...not because it's a disaster...



...especially if they want to play "Pretend..."



...but because everyone knows that Trickle-Down has been a howling success!



********************

This is who the Conservatives are, and this is what they do - and their billionaire supporters cry all the way to the bank.

In a country that was founded on democratic principles and ideas, something happened to break it - and that something was the "political philosophy" called Conservatism.

It's too obvious that this "philosophy" is nothing more that a license to steal, and we need to take away that license by...

...criminalizing Conservatism - before it's too late.

Joyce, Jnr.


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"Well, I learned a lot....I went down to (Latin America) to find out from them and
(learn) their views. You'd be surprised. They're all individual countries"

Ronald Reagan.

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