Its an attempt to say that higher taxes dont hurt the economy (GDP) so therefore higher taxes are ok, and does not retard growth.
I’ve seen the same basic thing argued by liberals countless times.
And yes taxes and the economy is more than a sentence of argument. People spend their whole lives studying this and still cannot make accurate predictions.
This illustrates the EXACT principle I was going to explain in words…
The two data points are not a function of one another, and therefore any comparison needs to be much better defined than either of the original graphs shows.
CRAP!!! Don’t even get me started on Pirates…
Correlation does not equal casuation.
I have a magic rock that keeps my neighborhood safe from Tigers. Since I started carrying it, there have been no tiger attacks.
Coincidence? I think not.
Tell us Rickrock305. Who did you vote for last Presidential election?
You realize it started getting colder just after the Somali Pirate attacks started?
Coincidence? I think not.
Yet again, a complete lack of understanding for correlation and causation.
edit-CURSES, guess I should have read to the end, I see heavymetal beat me to it when it posted.
Until now I was absolutely positive I was the only one who had one of these handy. Aren’t they fantastic?
Bubba, it’s the bees knees!
And you fail to get my point…people use statistics, dubious cost/benefit analysis, cooked correlation, and charts to justify stealing from their neighbor. If the first chart doesn’t promote higher marginal tax rates, what does it promote, nothing? It looks like just another case of swag (scientific wild ass guess).
This country has gotten far from the principle of “Thou shalt not steal”.
Perhaps if you answered the questions posed you might be able to correct any misconceptions about your ideology.
Right. It’s about discussion. Sorry, but one look at the OP and I get the impression that you aren’t trying to have a discussion. You pose a rhetorical question, make a cynical retort that makes it clear you think “trickle down economics” is hogwash, and post a link and couple of graphs from some blog that don’t really appear to show much of anything (with absolutely no discussion from you on the substance of those graphs or anything written on the blog).
But yeah, it’s about discussion.
Allowing the discussion on the merits of any given tax or tax rate to be framed in the context of if it is “good for the economy” or not is missing the point. Point is, the government should only be taxing the people to the extent that they have sufficient funds to function in accordance with the Constitution within their scope of authority. In practice the government is nothing more than an intermediary that is generally entropic in nature.
Exactly.
“…a wise and frugal government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government.” -Jefferson
Forgive me, rickrock305, for creating a little one-liner to sum up taxation but the bottom line is the government had better have a damn good reason for every dime it takes from anyone (and robbing Peter to bribe Paul doesn’t qualify as a damn good reason).
999,997 out of 1,000,000 expectant mothers drank a diet coke in the preceding nine months before getting pregnant.
Therefore, if you want to get pregnant, you should also drink a diet coke.
No society has ever taxed themselves to prosperity. The opposite is however not true.