Why can't Republicans give the correct answer to this question, all politics aside?

Question

I want answers from Republicans on this. We know through Rove's talking points and the statistics that federal revenues from income taxes have increased at roughly 14% over the last year. We know that GDP Growth has been about 3-4%, with pretty small inflation. How did we achieve the tax revenue growth of 14% with only 4% economic growth and with decreasing tax brackets? Hint: Has nothing to do with unemployment and the additional jobs in the economy. Those jobs are reflected in the GDP number.

I got a thumbs down but no response. Apparently they either don't know the answer, don't want to know the answer, or am upset that I'm letting the cat out of the bag on the FALLACY that is trickle down economics.

Birdsnake-You didn't answer my question. Clinton's recession? Hmmm. Longest economic expansion in history. Oops, you're wrong there too.

American girl you are wrong too. It's basic math people. 14% tax revenue increase on 4% economic growth. WITH DECREASING TAX BRACKETS! People are so freakin stupid.

Hey Troll, I mean Barter. I Do know the answer. Basic math nitwit. Median income has been stagnant. Half the population is going backwards in real income. GDP is growing, but not for everyone. The highest tax bracket is making a bigger percentage of the national income. It's the income divide. The additional 4% growth is mainly at the highest bracket. This incremental growth is being taxed at a higher rate, with also a shifting of income from the smaller brackets (median wages are stagnant, remember?) that is offsetting the decrease in taxes from the middle and lower classes. It can't be sustained. The 1970's proved it (Vietnam saved the economy from tanking in the 60's, but Carter couldn't avoid the avalanche), and do you remember the recession of the 80's? It's called erosion of the consumer spending base moron.

Hey Troll, I mean Barter. I Do know the answer. Basic math nitwit. Median income has been stagnant. Half the population is going backwards in real income. GDP is growing, but not for everyone. The highest tax bracket is making a bigger percentage of the national income. It's the income divide. The additional 4% growth is mainly at the highest bracket. This incremental growth is being taxed at a higher rate, with also a shifting of income from the smaller brackets (median wages are stagnant, remember?) that is offsetting the decrease in taxes from the middle and lower classes. It can't be sustained. The 1970's proved it (Vietnam saved the economy from tanking in the 60's, but Carter couldn't avoid the avalanche), and do you remember the recession of the 80's? It's called erosion of the consumer spending base moron.

Roch Cop-Actually, you are 100% correct. I didn't leave that out. Read my response to the Troll guy. My point is this: all is not rosy. The economy is growing on the whole, but not for everyone. There is no solid consumer foundation, it is eroding because median incomes are stagnant. That cannot be sustained, it is a house of cards.

Answer 1

Enforcing the taxes already on the books, IRS doing its job as well as other agencies...

Tax cuts do cause economic growth which creates more jobs and therefore more income to tax it's called diminshing returns later.

Answer 2

So what is your plan Mr. Democrat? Raise taxes on the rich? Take money out of the hands of the most productive members of society - the ones who provide most of the capital for business expansion (which by the way creates jobs)
Or do you think that the rich simply stuff all of their money into their matresses(those beds could sleep thousands)?
Yeah, lets raise taxes, and give the money to the government, who has done nothing but prove that they spend money in the most ineffective and inefficient ways possible.
I'll tell you right now that the reason that middle wages are falling is because of the lack skilled workers available in the U.S. Our education system is embarrassing.
Do you really expect businesses to over-pay American workers their union-controlled salaries when they can get foreign workers with more skills to do the work for half the cost?

Answer 3

nicely, numbers make my little blonde Republican head injury, yet I trust Torskie. All politics aside, i'm unsure that I trust those figures, i think of they're chosen to offer a particular effect. additionally, as somebody in the 30% tax bracket, i will enable you to already know that there are fewer loopholes and dodges for people with W-2 earnings, and this is likewise increasing tax sales improve.

Answer 4

The part you're leaving out of your equasion is that 90% of the taxes paid in this country are paid by the top 10% of the taxpayers. The overall growth averaged out to about 4% but the top eraners, who are taxed at a higher rate earned more and paid more.

Answer 5

If you are giving hints, it must mean you THINK you already know the answer. So stop trolling troll!!!

The economy is doing great right now, are you saying this is all Karl Rove's fault? Or is Bush to blame? I know many Demorats blames Bush on the 2001 recession, even though it is proven it started while Clinton was still in office, but why would a Demorat belittle a great economy?

Answer 6

People have more $ in their pockets with the tax cuts,so they spend more and the taxes on the items go back into the tax revenue and therefore it brings the deficit down.

Answer 7

Tax Cuts for working people.
If it wasn't for Bush's Tax Cuts, we would still be in Clinton's Recession.
JFK & Reagan did the same thing, with the same results.

Answer 8

Yawn....I'm making more now than ever before so I'm happy ;-)