• Trump Tax Cuts Paid or Themselves

    From Travel@21:1/5 to All on Tue Jan 24 13:43:28 2023
  • From risky biz@21:1/5 to Travel on Tue Jan 24 15:23:01 2023
    On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote:
    https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it into the Biden
    presidency until the negative CPI effects became too obvious to ignore.

    PROPAGANDA FAIL.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to risky biz on Tue Jan 24 18:03:17 2023
    On Tuesday, January 24, 2023 at 6:23:05 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote:
    https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it into the
    Biden presidency until the negative CPI effects became too obvious to ignore.

    PROPAGANDA FAIL.

    Backed-up.by...

    Ballooning gobblygoop.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From risky biz@21:1/5 to Travel on Tue Jan 24 20:04:07 2023
    On Tuesday, January 24, 2023 at 6:03:21 PM UTC-8, Travel wrote:
    On Tuesday, January 24, 2023 at 6:23:05 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote:
    https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it into the
    Biden presidency until the negative CPI effects became too obvious to ignore.

    PROPAGANDA FAIL.


    ~ Backed-up.by...

    1. money supply chart
    2. GDP chart
    3. brain

    Ballooning gobblygoop.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to risky biz on Wed Jan 25 08:15:59 2023
    On Tuesday, January 24, 2023 at 11:04:11 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 6:03:21 PM UTC-8, Travel wrote:
    On Tuesday, January 24, 2023 at 6:23:05 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote:
    https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it into the
    Biden presidency until the negative CPI effects became too obvious to ignore.

    PROPAGANDA FAIL.
    ~ Backed-up.by...

    1. money supply chart
    2. GDP chart
    3. brain

    Ballooning gobblygoop.


    Umm, fail.

    Risky Bits v. World-renowned experts and Reagan Administration economic advisors, nahh.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Travel on Wed Jan 25 11:33:01 2023
    On 1/25/2023 10:15 AM, Travel wrote:
    On Tuesday, January 24, 2023 at 11:04:11 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 6:03:21 PM UTC-8, Travel wrote:
    On Tuesday, January 24, 2023 at 6:23:05 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote:
    https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it into the
    Biden presidency until the negative CPI effects became too obvious to ignore. >>>>
    PROPAGANDA FAIL.
    ~ Backed-up.by...

    1. money supply chart
    2. GDP chart
    3. brain

    Ballooning gobblygoop.


    Umm, fail.

    Risky Bits v. World-renowned experts and Reagan Administration economic advisors, nahh.

    Some "statements" (comments, claims, facts, beliefs, posts, "words" ...
    ad infinitum) depend on other "stuff" and often can be "proven" with
    "source" selection.

    https://www.google.com/search?q=do+tax+cuts+pay+for+themselves&sxsrf=AJOqlzWCc7Wu-PA9p3pvsEyVK_6YycP_gg%3A1674666837549&source=hp&ei=VWPRY9-wH4vg0PEP1KCk0AQ&iflsig=AK50M_UAAAAAY9FxZUctsKdG8ARtXeVQt_PMOPMYzn98&oq=do+tax+cuts+&gs_lcp=
    Cgdnd3Mtd2l6EAEYAzIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQ6BwgjEOoCECc6BwguEOoCECc6DQguEMcBENEDEOoCECdQ1SJY4jhgumloAXAAeACAAZgLiAHUKpIBBzUtMS40LjGYAQCgAQGwAQo&sclient=gws-wiz#ip=1

    Pick "many" and go with whatever you like.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From risky biz@21:1/5 to da pickle on Wed Jan 25 14:40:59 2023
    On Wednesday, January 25, 2023 at 9:33:14 AM UTC-8, da pickle wrote:
    On 1/25/2023 10:15 AM, Travel wrote:
    On Tuesday, January 24, 2023 at 11:04:11 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 6:03:21 PM UTC-8, Travel wrote:
    On Tuesday, January 24, 2023 at 6:23:05 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote:
    https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it into the
    Biden presidency until the negative CPI effects became too obvious to ignore.

    PROPAGANDA FAIL.
    ~ Backed-up.by...

    1. money supply chart
    2. GDP chart
    3. brain

    Ballooning gobblygoop.


    Umm, fail.

    Risky Bits v. World-renowned experts and Reagan Administration economic advisors, nahh.
    Some "statements" (comments, claims, facts, beliefs, posts, "words" ...
    ad infinitum) depend on other "stuff" and often can be "proven" with "source" selection.

    https://www.google.com/search?q=do+tax+cuts+pay+for+themselves&sxsrf=AJOqlzWCc7Wu-PA9p3pvsEyVK_6YycP_gg%3A1674666837549&source=hp&ei=VWPRY9-wH4vg0PEP1KCk0AQ&iflsig=AK50M_UAAAAAY9FxZUctsKdG8ARtXeVQt_PMOPMYzn98&oq=do+tax+cuts+&gs_lcp=
    Cgdnd3Mtd2l6EAEYAzIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQ6BwgjEOoCECc6BwguEOoCECc6DQguEMcBENEDEOoCECdQ1SJY4jhgumloAXAAeACAAZgLiAHUKpIBBzUtMS40LjGYAQCgAQGwAQo&sclient=gws-wiz#ip=1

    Pick "many" and go with whatever you like.

    There is a recognized positive fiscal effect in reducing tax rates - - at a tax rate level significantly higher than those in effect at the time of the Reagan administration, or now.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From risky biz@21:1/5 to Travel on Wed Jan 25 14:37:09 2023
    On Wednesday, January 25, 2023 at 8:16:03 AM UTC-8, Travel wrote:
    On Tuesday, January 24, 2023 at 11:04:11 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 6:03:21 PM UTC-8, Travel wrote:
    On Tuesday, January 24, 2023 at 6:23:05 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote:
    https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it into
    the Biden presidency until the negative CPI effects became too obvious to ignore.

    PROPAGANDA FAIL.
    ~ Backed-up.by...

    1. money supply chart
    2. GDP chart
    3. brain

    Ballooning gobblygoop.


    ~ Umm, fail.

    Risky Bits v. World-renowned experts and Reagan Administration economic advisors, nahh.


    Newsflash, Travel- the 'Laffer Curve' was, first, unoriginal, and, secondly, inapplicable as asserted. That is the general consensus of 'World-renowned experts', as you put it.

    But it isn't necessary to rely on the preponderance of informed opinion. Art Laffer's economic policy prescriptions were given a try in the real world:

    'Laffer was an economic adviser to Kansas Governor Sam Brownback, who in 2012 zeroed out state tax liability for approximately 330,000 of the top wage earners in the state, called the Kansas experiment, contending it would be a "shot of adrenaline into
    the heart of the Kansas economy."[40][41] Laffer was paid $75,000 to advise in the creation of Brownback's tax cut plan, and gave Brownback his full endorsement, stating that what Brownback was doing was "truly revolutionary"[42] and would bring "
    enormous prosperity" to Kansas.[41] The state, which had previously had a budget surplus, experienced a budget deficit of about $200 million in 2012. Drastic cuts to state funding for education and infrastructure were implemented to close budget deficits
    and the Kansas economy underperformed relative to neighboring states.[43] Brownback's tax overhaul was described in a June 2017 article in The Atlantic as the United States' "most aggressive experiment in conservative economic policy".[44] The drastic
    tax cuts had "threatened the viability of schools and infrastructure" in Kansas. A supermajority of lawmakers in the Kansas legislature, both Democrats and Republicans, repealed the tax cut in June 2017, overriding Brownback's veto.'
    https://en.wikipedia.org/wiki/Arthur_Laffer

    The inability to disguise the utter failure of these policies in Kansas was a result of the state of Kansas not having the power to expand the money supply of Kansas to artificially create economic activity, thereby generating more tax revenue.

    After reviewing that Wikipedia page I will, on the other hand, withdraw my description of Art Laffer as 'tubby'. I met and briefly spoke with him twice during the Reagan administration. That was about 35 years ago, or so, and things change, don't they?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to risky biz on Wed Jan 25 17:39:56 2023
    On Wednesday, January 25, 2023 at 5:41:03 PM UTC-5, risky biz wrote:
    On Wednesday, January 25, 2023 at 9:33:14 AM UTC-8, da pickle wrote:
    On 1/25/2023 10:15 AM, Travel wrote:
    On Tuesday, January 24, 2023 at 11:04:11 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 6:03:21 PM UTC-8, Travel wrote:
    On Tuesday, January 24, 2023 at 6:23:05 PM UTC-5, risky biz wrote: >>>> On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote:
    https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it into
    the Biden presidency until the negative CPI effects became too obvious to ignore.

    PROPAGANDA FAIL.
    ~ Backed-up.by...

    1. money supply chart
    2. GDP chart
    3. brain

    Ballooning gobblygoop.


    Umm, fail.

    Risky Bits v. World-renowned experts and Reagan Administration economic advisors, nahh.
    Some "statements" (comments, claims, facts, beliefs, posts, "words" ...
    ad infinitum) depend on other "stuff" and often can be "proven" with "source" selection.

    https://www.google.com/search?q=do+tax+cuts+pay+for+themselves&sxsrf=AJOqlzWCc7Wu-PA9p3pvsEyVK_6YycP_gg%3A1674666837549&source=hp&ei=VWPRY9-wH4vg0PEP1KCk0AQ&iflsig=AK50M_UAAAAAY9FxZUctsKdG8ARtXeVQt_PMOPMYzn98&oq=do+tax+cuts+&gs_lcp=
    Cgdnd3Mtd2l6EAEYAzIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQ6BwgjEOoCECc6BwguEOoCECc6DQguEMcBENEDEOoCECdQ1SJY4jhgumloAXAAeACAAZgLiAHUKpIBBzUtMS40LjGYAQCgAQGwAQo&sclient=gws-wiz#ip=1

    Pick "many" and go with whatever you like.
    There is a recognized positive fiscal effect in reducing tax rates - - at a tax rate level significantly higher than those in effect at the time of the Reagan administration, or now.

    The Laffer curve simply assumes its shape, without justification. Even continuity is assumed, which is a highly dubious assumption.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Tim Norfolk on Thu Jan 26 09:46:23 2023
    On 1/25/2023 7:39 PM, Tim Norfolk wrote:
    On Wednesday, January 25, 2023 at 5:41:03 PM UTC-5, risky biz wrote:
    On Wednesday, January 25, 2023 at 9:33:14 AM UTC-8, da pickle wrote:
    On 1/25/2023 10:15 AM, Travel wrote:
    On Tuesday, January 24, 2023 at 11:04:11 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 6:03:21 PM UTC-8, Travel wrote:
    On Tuesday, January 24, 2023 at 6:23:05 PM UTC-5, risky biz wrote: >>>>>>> On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote: >>>>>>>> https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it into
    the Biden presidency until the negative CPI effects became too obvious to ignore.

    PROPAGANDA FAIL.
    ~ Backed-up.by...

    1. money supply chart
    2. GDP chart
    3. brain

    Ballooning gobblygoop.


    Umm, fail.

    Risky Bits v. World-renowned experts and Reagan Administration economic advisors, nahh.
    Some "statements" (comments, claims, facts, beliefs, posts, "words" ...
    ad infinitum) depend on other "stuff" and often can be "proven" with
    "source" selection.

    https://www.google.com/search?q=do+tax+cuts+pay+for+themselves&sxsrf=AJOqlzWCc7Wu-PA9p3pvsEyVK_6YycP_gg%3A1674666837549&source=hp&ei=VWPRY9-wH4vg0PEP1KCk0AQ&iflsig=AK50M_UAAAAAY9FxZUctsKdG8ARtXeVQt_PMOPMYzn98&oq=do+tax+cuts+&gs_lcp=
    Cgdnd3Mtd2l6EAEYAzIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQ6BwgjEOoCECc6BwguEOoCECc6DQguEMcBENEDEOoCECdQ1SJY4jhgumloAXAAeACAAZgLiAHUKpIBBzUtMS40LjGYAQCgAQGwAQo&sclient=gws-wiz#ip=1

    Pick "many" and go with whatever you like.
    There is a recognized positive fiscal effect in reducing tax rates - - at a tax rate level significantly higher than those in effect at the time of the Reagan administration, or now.

    The Laffer curve simply assumes its shape, without justification. Even continuity is assumed, which is a highly dubious assumption.

    Just type the "words" and the truth is obvious ... no assumptions or misunderstandings possible.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From VegasJerry@21:1/5 to Tim Norfolk on Thu Jan 26 08:03:12 2023
    On Wednesday, January 25, 2023 at 5:40:00 PM UTC-8, Tim Norfolk wrote:
    On Wednesday, January 25, 2023 at 5:41:03 PM UTC-5, risky biz wrote:
    On Wednesday, January 25, 2023 at 9:33:14 AM UTC-8, da pickle wrote:
    On 1/25/2023 10:15 AM, Travel wrote:
    On Tuesday, January 24, 2023 at 11:04:11 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 6:03:21 PM UTC-8, Travel wrote:
    On Tuesday, January 24, 2023 at 6:23:05 PM UTC-5, risky biz wrote: >>>> On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote: >>>>> https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it into
    the Biden presidency until the negative CPI effects became too obvious to ignore.

    PROPAGANDA FAIL.
    ~ Backed-up.by...

    1. money supply chart
    2. GDP chart
    3. brain

    Ballooning gobblygoop.


    Umm, fail.

    Risky Bits v. World-renowned experts and Reagan Administration economic advisors, nahh.
    Some "statements" (comments, claims, facts, beliefs, posts, "words" ... ad infinitum) depend on other "stuff" and often can be "proven" with "source" selection.

    https://www.google.com/search?q=do+tax+cuts+pay+for+themselves&sxsrf=AJOqlzWCc7Wu-PA9p3pvsEyVK_6YycP_gg%3A1674666837549&source=hp&ei=VWPRY9-wH4vg0PEP1KCk0AQ&iflsig=AK50M_UAAAAAY9FxZUctsKdG8ARtXeVQt_PMOPMYzn98&oq=do+tax+cuts+&gs_lcp=
    Cgdnd3Mtd2l6EAEYAzIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQ6BwgjEOoCECc6BwguEOoCECc6DQguEMcBENEDEOoCECdQ1SJY4jhgumloAXAAeACAAZgLiAHUKpIBBzUtMS40LjGYAQCgAQGwAQo&sclient=gws-wiz#ip=1

    Pick "many" and go with whatever you like.
    There is a recognized positive fiscal effect in reducing tax rates - - at a tax rate level significantly higher than those in effect at the time of the Reagan administration, or now.
    The Laffer curve simply assumes its shape, without justification. Even continuity is assumed, which is a highly dubious assumption.
    .

    I thought you wrote 'Laughter Curve.' It's what I do when I see people deluded into believing that tax cuts pay for themselves. Epically after having just seen Trump's tax cuts for the rich boost the national debt higher than Ronald Reagan's and Bush's.

    "Want some candy? Get in the car."

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to VegasJerry on Thu Jan 26 13:14:36 2023
    On Thursday, January 26, 2023 at 11:03:17 AM UTC-5, VegasJerry wrote:
    On Wednesday, January 25, 2023 at 5:40:00 PM UTC-8, Tim Norfolk wrote:
    On Wednesday, January 25, 2023 at 5:41:03 PM UTC-5, risky biz wrote:
    On Wednesday, January 25, 2023 at 9:33:14 AM UTC-8, da pickle wrote:
    On 1/25/2023 10:15 AM, Travel wrote:
    On Tuesday, January 24, 2023 at 11:04:11 PM UTC-5, risky biz wrote:
    On Tuesday, January 24, 2023 at 6:03:21 PM UTC-8, Travel wrote:
    On Tuesday, January 24, 2023 at 6:23:05 PM UTC-5, risky biz wrote: >>>> On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote: >>>>> https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it
    into the Biden presidency until the negative CPI effects became too obvious to ignore.

    PROPAGANDA FAIL.
    ~ Backed-up.by...

    1. money supply chart
    2. GDP chart
    3. brain

    Ballooning gobblygoop.


    Umm, fail.

    Risky Bits v. World-renowned experts and Reagan Administration economic advisors, nahh.
    Some "statements" (comments, claims, facts, beliefs, posts, "words" ...
    ad infinitum) depend on other "stuff" and often can be "proven" with "source" selection.

    https://www.google.com/search?q=do+tax+cuts+pay+for+themselves&sxsrf=AJOqlzWCc7Wu-PA9p3pvsEyVK_6YycP_gg%3A1674666837549&source=hp&ei=VWPRY9-wH4vg0PEP1KCk0AQ&iflsig=AK50M_UAAAAAY9FxZUctsKdG8ARtXeVQt_PMOPMYzn98&oq=do+tax+cuts+&gs_lcp=
    Cgdnd3Mtd2l6EAEYAzIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQ6BwgjEOoCECc6BwguEOoCECc6DQguEMcBENEDEOoCECdQ1SJY4jhgumloAXAAeACAAZgLiAHUKpIBBzUtMS40LjGYAQCgAQGwAQo&sclient=gws-wiz#ip=1

    Pick "many" and go with whatever you like.
    There is a recognized positive fiscal effect in reducing tax rates - - at a tax rate level significantly higher than those in effect at the time of the Reagan administration, or now.
    The Laffer curve simply assumes its shape, without justification. Even continuity is assumed, which is a highly dubious assumption.
    .

    I thought you wrote 'Laughter Curve.' It's what I do when I see people deluded into believing that tax cuts pay for themselves. Epically after having just seen Trump's tax cuts for the rich boost the national debt higher than Ronald Reagan's and Bush's.


    "Want some candy? Get in the car."

    I'm not stupid. Show me the candy first.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tim Norfolk@21:1/5 to da pickle on Thu Jan 26 13:17:33 2023
    On Thursday, January 26, 2023 at 10:58:25 AM UTC-5, da pickle wrote:
    On 1/25/2023 7:39 PM, Tim Norfolk wrote:
    On Wednesday, January 25, 2023 at 5:41:03 PM UTC-5, risky biz wrote:
    On Wednesday, January 25, 2023 at 9:33:14 AM UTC-8, da pickle wrote:
    On 1/25/2023 10:15 AM, Travel wrote:
    On Tuesday, January 24, 2023 at 11:04:11 PM UTC-5, risky biz wrote: >>>>> On Tuesday, January 24, 2023 at 6:03:21 PM UTC-8, Travel wrote:
    On Tuesday, January 24, 2023 at 6:23:05 PM UTC-5, risky biz wrote: >>>>>>> On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote: >>>>>>>> https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it into
    the Biden presidency until the negative CPI effects became too obvious to ignore.

    PROPAGANDA FAIL.
    ~ Backed-up.by...

    1. money supply chart
    2. GDP chart
    3. brain

    Ballooning gobblygoop.


    Umm, fail.

    Risky Bits v. World-renowned experts and Reagan Administration economic advisors, nahh.
    Some "statements" (comments, claims, facts, beliefs, posts, "words" ... >>> ad infinitum) depend on other "stuff" and often can be "proven" with
    "source" selection.

    https://www.google.com/search?q=do+tax+cuts+pay+for+themselves&sxsrf=AJOqlzWCc7Wu-PA9p3pvsEyVK_6YycP_gg%3A1674666837549&source=hp&ei=VWPRY9-wH4vg0PEP1KCk0AQ&iflsig=AK50M_UAAAAAY9FxZUctsKdG8ARtXeVQt_PMOPMYzn98&oq=do+tax+cuts+&gs_lcp=
    Cgdnd3Mtd2l6EAEYAzIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQ6BwgjEOoCECc6BwguEOoCECc6DQguEMcBENEDEOoCECdQ1SJY4jhgumloAXAAeACAAZgLiAHUKpIBBzUtMS40LjGYAQCgAQGwAQo&sclient=gws-wiz#ip=1

    Pick "many" and go with whatever you like.
    There is a recognized positive fiscal effect in reducing tax rates - - at a tax rate level significantly higher than those in effect at the time of the Reagan administration, or now.

    The Laffer curve simply assumes its shape, without justification. Even continuity is assumed, which is a highly dubious assumption.
    Just type the "words" and the truth is obvious ... no assumptions or misunderstandings possible.

    Of course there are many assumptions, one of which is that the population as a whole are what they call 'homo economicus', making their decisions rationally. Lots of research indicates otherwise.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to Tim Norfolk on Sat Feb 4 09:33:42 2023
    On Thursday, January 26, 2023 at 4:17:36 PM UTC-5, Tim Norfolk wrote:
    On Thursday, January 26, 2023 at 10:58:25 AM UTC-5, da pickle wrote:
    On 1/25/2023 7:39 PM, Tim Norfolk wrote:
    On Wednesday, January 25, 2023 at 5:41:03 PM UTC-5, risky biz wrote:
    On Wednesday, January 25, 2023 at 9:33:14 AM UTC-8, da pickle wrote: >>> On 1/25/2023 10:15 AM, Travel wrote:
    On Tuesday, January 24, 2023 at 11:04:11 PM UTC-5, risky biz wrote: >>>>> On Tuesday, January 24, 2023 at 6:03:21 PM UTC-8, Travel wrote: >>>>>> On Tuesday, January 24, 2023 at 6:23:05 PM UTC-5, risky biz wrote: >>>>>>> On Tuesday, January 24, 2023 at 1:43:32 PM UTC-8, Travel wrote: >>>>>>>> https://www.rasmussenreports.com/public_content/political_commentary/commentary_by_stephen_moore/it_s_official_trump_s_tax_cuts_paid_for_themselves?utm_campaign=RR01242023DN&utm_source=criticalimpact&utm_medium=email TT


    Who are this dope and his tubby buddy, Art Laffer, trying to bamboozle? Revenues were only up because the Fed MASSIVELY balooned the money supply the last year of the Trump presidency, flooding the economy with liquidity, and continued it
    into the Biden presidency until the negative CPI effects became too obvious to ignore.

    PROPAGANDA FAIL.
    ~ Backed-up.by...

    1. money supply chart
    2. GDP chart
    3. brain

    Ballooning gobblygoop.


    Umm, fail.

    Risky Bits v. World-renowned experts and Reagan Administration economic advisors, nahh.
    Some "statements" (comments, claims, facts, beliefs, posts, "words" ...
    ad infinitum) depend on other "stuff" and often can be "proven" with >>> "source" selection.

    https://www.google.com/search?q=do+tax+cuts+pay+for+themselves&sxsrf=AJOqlzWCc7Wu-PA9p3pvsEyVK_6YycP_gg%3A1674666837549&source=hp&ei=VWPRY9-wH4vg0PEP1KCk0AQ&iflsig=AK50M_UAAAAAY9FxZUctsKdG8ARtXeVQt_PMOPMYzn98&oq=do+tax+cuts+&gs_lcp=
    Cgdnd3Mtd2l6EAEYAzIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQ6BwgjEOoCECc6BwguEOoCECc6DQguEMcBENEDEOoCECdQ1SJY4jhgumloAXAAeACAAZgLiAHUKpIBBzUtMS40LjGYAQCgAQGwAQo&sclient=gws-wiz#ip=1

    Pick "many" and go with whatever you like.
    There is a recognized positive fiscal effect in reducing tax rates - - at a tax rate level significantly higher than those in effect at the time of the Reagan administration, or now.

    The Laffer curve simply assumes its shape, without justification. Even continuity is assumed, which is a highly dubious assumption.
    Just type the "words" and the truth is obvious ... no assumptions or misunderstandings possible.
    Of course there are many assumptions, one of which is that the population as a whole are what they call 'homo economicus', making their decisions rationally. Lots of research indicates otherwise.


    Actually, tax cuts don't have to pay for themselves, because tax cuts aren't "spending
    Proposals: tax cuts increase revenue; they "make money" for the Treasury by expanding the "tax base."

    A proved fact many times over (see JFK).

    Even with Democrat governors of blue states: when they get into serious financial trouble they will cut taxes to get out of it.

    Usually, though, as with Massachusetts, for example, they'll (Democrats who dominate the state) "set-up" a Republican RIno to win the governorship, and that "strawman" Republican governor will do the tax cutting; because a Democrat governor "can't be
    seen" cutting taxes; Connecticut is another example.

    The Democrats do this with the richest of states (California doesn't count; they're beyond control): E

    Ever wonder how New York could possibly have Republican governors? Now you know.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From risky biz@21:1/5 to All on Sat Feb 4 12:36:58 2023
    ~ On Saturday, February 4, 2023 at 9:33:45 AM UTC-8, Travel wrote:

    <more mindless nonsense>

    'Chatty Cathy is a pull string "talking" doll originally created by Ruth and Elliot Handler and manufactured by the Mattel toy company from 1959 to 1965.'
    https://en.wikipedia.org/wiki/Chatty_Cathy

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to risky biz on Sat Feb 4 15:05:34 2023
    On 2/4/2023 2:36 PM, risky biz wrote:
    ~ On Saturday, February 4, 2023 at 9:33:45 AM UTC-8, Travel wrote:

    <more mindless nonsense>

    'Chatty Cathy is a pull string "talking" doll originally created by Ruth and Elliot Handler and manufactured by the Mattel toy company from 1959 to 1965.'
    https://en.wikipedia.org/wiki/Chatty_Cathy

    If you can print money, you never "run out" ... there are problems,
    however, with this solution.

    Numbers are interesting ... remember when a coke was a nickle. And coke bottles were valuable.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Travel@21:1/5 to risky biz on Sat Feb 4 14:10:22 2023
    On Saturday, February 4, 2023 at 3:37:02 PM UTC-5, risky biz wrote:
    ~ On Saturday, February 4, 2023 at 9:33:45 AM UTC-8, Travel wrote:

    <more mindless nonsense>

    'Chatty Cathy is a pull string "talking" doll originally created by Ruth and Elliot Handler and manufactured by the Mattel toy company from 1959 to 1965.'
    https://en.wikipedia.org/wiki/Chatty_Cathy


    Prattling drivel.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)