What’s the problem? Pizza guy’s plan is just great for the upper crust.

Once again, Laffer demonstrates that you can use a lot of big words and yet say almost nothing of substance. With the added sneering of “Well, you just don’t understand economics” layered on top.

Fuck guillotines , can we just load all these ass nuggets into a huge rocket , and launch them towards the sun?

I’d be content to spend our days throwing rotten vegetables at them.

As a bonus, I would grow the vegetables myself, avoiding the NEIN! NEIN! NEIN! sales tax.

I’d throw my used food at them, but I’m saving that for poor people.

The upper crust: A bunch of crumbs held up by all of their dough.

I trust you won’t object if I borrow this; I promise not to wear it out.

It will totally create jobs! You see, if we buy less things, then we’ll won’t have to make as many things, and if we’re not making those things, then we won’t have to hire people to make those things, or hire people to market those things, or hire people to sell those things. Think of all those people that we won’t need to hire! That’s a huge savings to companies! And with that money, they’ll not hire the people not needed to not make the things not being bought. I’m pretty sure all those nots cancel out, like the way double-negatives do, which means tons of new jobs. Or something.

Here is your win-win

Feature, not bug. Completely screwing anyone who makes less than $200,000 a year, thus making them even more dependent on the wise benevolence of their rational corporate betters (fap-fap-fappa-fap) is one of the wins. Getting those less-than-200K-ers to accept it and beg for more is the other win.

You’re not dealing with people who are trying to improve the economy, you’re dealing with psychopaths who want to control everything.

I’ve always thought Laffer’s art has gone downhill since his early “Cocktail Napkin Period.”

Also, back in those days my classmates and I would joke that “The Laffer” sounds like a Batman villain.

Au contraire! It would motivate everyone to earn more than $200,000! Once we’re all earning above average, it would be just like Lake Wobegon, but with more Range Rovers and Viking stoves.

Where do you want your internets delivered?

At this moment, Politifact is on NPR rating Cain’s claims at the debate about his laughable 999 — esp the “won’t raise taxes on the least-earning pop” as FALSE. Straight up.

Actually, I’m surprised to find Laffer is still alive. At least, I thought, no one paid him any attention to him anymore. Why would they?

He goes by Arthur Fluffer these days.

Here’s a graphic that much better illustrates Laffer’s point.

Laffer is the Fox News of economists.
Given that his Laffer Curve Reagan-fan-fiction economics has resulted in trillions in disastrous national debt, I would have thought Laffer would have the sense of shame to slink away and STFU for the rest of his life. Then I remembered he was a Repuke.
This turd is Exhibit A in the peddling of heavily-promoted economic propaganda that oh-so-coincidentally puts gobs more money in the hands of his patrons at the expense of everyone else.

By making the tax codes a lot simpler, we’d allow individuals and businesses to spend a lot less on maintaining tax records

This would be equally true with raised rates. I wonder if he’d still be a fan of a simplified tax code with a 40% rate for millionaires.

Fucking corporate whore stole my avatar! Tom Paine is absolutely spinning in his grave.

Come on.

Of course lower tax rates will benefit those that actually pay taxes. What did you think would happen?

….for every dollar of business and personal income taxes paid, some 30 cents in out-of-pocket expenses also were paid to comply with the tax code.

Well, I can’t be bothered to check this, but it sounds like somebody’s brother-in-law is a tax consultant

So that’s how the Galaxy Express 999 got its name. All hail our future transhuman 1%er overlords!

said it before, saying it again;

the puppet masters are doing their very best to nominate an un-electable canddiate so obama wins a second term

they are not blind, they are not idiots, they know they could never have hoped to do the corporate bidding obama has done if the republican in office is elected as a democrat

they NEED obama to win the second term, look how far they’ve come with him already

romney is too electable and they do NOT want him running against the trojan judas in sheep clothing, they cannot afford to take the chance

and THAT is why cain is getting all the air time, he is the MOST unelectable candidate they can find, a candidate that the very people they have nurtured would rather vomit then vote for

Certainly any credibility Arthur Laffer had with me is now quite down the drain.

It occurs to me if hoarded wealth really did stimulate job creation, we should have full employment right NOW.

Because nothing quite creates jobs and the need for goods and services like …. discouraging consumption.

Masters of The Universe, folks! Give it up for them! No. Really. Give it up for them…

Tbogg, how about we just give up!

Be my guest!

Because nothing quite creates jobs and the need for goods and services like …. discouraging consumption.

Indeed.

That would be the “C” Ark. That’s the one they think is going to a paradise planet a few solar systems away.

that would be a nice statement if it were true, however the upper class pay far lower percentage then the labor class, of course they never want to mention regressive taxes that they do not pay…why WOULD they do that, it would make it impossible for people to post what you just posted

It’s like he’s the love child of Rick Perry and Sarah Palin.

they are not blind, they are not idiots, they know they could never have hoped to do the corporate bidding obama has done if the republican in office is elected as a democrat

Have you even heard of John Roberts and Sam Alito?

I think he was being snarky. I hope. ;-)

sorry tbogg

obama WILL elect a corporatist when he does not have to worry about a second term and the democrats WILL vote with that corporatist

for instance

did YOU think sotomeyer is anything CLOSE to progressive?…just wait till there is no repercussion

obama will FAIL even your scotus expectations, they WANT him in office

The upper one percent pay an average of 1.6% of their income in taxes, the bottom 20 percent of earners pay an average of 8.8%. Does that sound fair to you?

Not to mention the fact that if the plan was to ensure Obama’s re-election by snuffing the best GOP candidates, it failed miserably as Romney, who is the only one of the lot who could do it in the general election, just kicked Perry to the curb and rubbed Goodhair’s nose in his own excrement.

Nah, they want Romney. By far. And Romney rather handily torched Perry, his only real competition, last night. (Though one shouldn’t underestimate the GOP base’s self-immolation capacity: They could very well take pity on Goodhair and back him no matter what the mean ole Mormon does to him.)

It’s “appoint”, not “elect”.

If you’re going to spout drivel, please at least try to get the basic terms down right.

I was not being snarky, i want obama OUT of office, he has done FAR more corporate damage then a republican elected as one

I am off to bed so will not be able to discuss further but elect obama and you are electing the ONLY person who can kill social security and the ONLY person who will be able to get democrats voting for another extension of the bush redistribution of middle class assets scheme and market them as “tax cuts” and “economic stimulous”

nope, not being snarky

off to bed

they did do their best though, every pundit lobbied against romney, he’s just so far better then the rest their snub didn’t cut it.

spotts;

I kind of thought they voted in primaries, i guess I was wrong about that?

try something a little better

now I will off to bed for real, have at me while I’m gone

did YOU think sotomeyer is anything CLOSE to progressive?…just wait till there is no repercussion

There sure are a lot of Manchurian Candidates running around.

But I do enjoy these “Obama is worse than Robert Bork!!!” outbreaks of lunacy.

Remember when Bush’s largest taxcuts ever($1.5TT/year) created 24mm new jobs? Oh wait, Bush created no new net jobs with his taxcut and blew the deficit out of the water.. The 24MM jobs got created when Clinton increased taxrates back to Reagan’s era. I believe that was the 92 budget – the one every Republicans in the House voted against.

The bullshit, apparently, never gets old.

I lived in Massachusetts when the dog torturer was governor. It’s amazing that the GOP has managed to find a menu of nuts and dips that succeed in making him look less awful.

If he’s nominated, let’s all remember to thank the most bigoted GOP hacks for being so open-minded in validating the Mormon faith. That’s such a progressive thing to do, we should be gracious and point it out whenever possible.

“Once the dynamics take hold, many of those below the poverty line will find good jobs”. And ponies. Lots and lots of ponies.

….for every dollar of business and personal income taxes paid, some 30 cents in out-of-pocket expenses also were paid to complyrewrite the tax code.

For every dollar they are paying now, they are paying a lot less tax dollars now than they used to. If Laffer was right, we’d have abolished the taxcode already.

Ahhhh, The Laffmeister. Let me take you back through the mist of time, to an ancient and much different world (8/28/2006 to be exact) where King Arthur reached down for the sword in the stone and ….shit himself.

Let’s try this again since you apparently aren’t paying attention. Everyone is paying taxes. Even my sweet little children pay taxes(They use their allowances to purchase goods.). Income taxes are not the only source of revenue for our government. There are sales, property, and payroll taxes. You DO remember payroll taxes don’t you? Those would be the source of the IOUs cluttering up the treasury from when they were borrowed to fund wars without actually increasing taxes on the “53% who pay taxes.”

I like the “used” exemption from the sales tax that the poor would surely use – as in used food. This is the first explicit, as opposed to implicit, GOP plan that says feed the rich more and let the poor eat shit.

Amazing.

I wonder if a simple tax system is really the goal – would Laffer endorse a simple annual asset tax on worldwide assets with credits for assets taxes paid in other countries – say 5% – with a $5 million deductible for all persons including “corporate persons”, plus a 55% flat income tax on all income, wages plus investment, with a $5 million dollar deductible for all persons, including “corporate persons”, plus a 55% Estate Tax with a $5 million deductible, plus an 5% earnings tax on all wages and investment income, separately on each person and on their employer, replacing the payroll tax as the support for Social Security and Medicare, with a first $5,000 exemption, plus a 5% Value Added Tax – a VAT – on all goods, with a rebate on goods exported, so we can compete?

Now the above is very simple – back of an envelope seems to produce enough money for a massive jobs program plus what we are paying plus National Health with no deficit – indeed a surplus.

So will Laffer endorse the 5% -5, 55%-5, 55%-5, 5%-5, 5% Plan?

It’s simple – saves that 30% cost of doing your taxes he is worried about, and 5% -5, 55%-5, 55%-5, 5%-5, 5% rolls off the tongue doesn’t it?

I can’t see anything wrong with Herman Cain’s plan where the rich pay 999% of all taxes.

Do you think for one minute that Obama could have actually gotten one of those magical “True Progressives” confirmed with this cluterfuck of a Congress?

Ummm, that article seems to think “used food” is in the garbage, when it’s actually in the toilet (along with Cain’s chances of being President I might add).

~ Harry R. Sohl

Either you are kludging two different arguments together (and doing a lousy job of it), or the incoherence is strong.

Here’s a hint – capital letters help. You aren’t e.e. cummings, and while I’m sure informality is the word of the day there has to be at least some adherence to whatever passes for grammar nowadays…

It was stupid both times.

Here is what could never be imagined as a possibility if the 999 tax plan is adopted–a huge black market in goods and services that will make criminals of all the Americans who aren’t already criminals for using controlled substances. Could never happen here. Just look how we solved the problem of alcoholism by simply making it illegal to drink alcohol.

Ah, “they” — as in “they will re-elect” and so on and so forth. What delightful memories “they” brings back. Let us never forget that Nixon was firmly convinced that “they” were out to get him. Nixon was at the time not only President but a Republican. Vicious, cunning and paranoid, but a Republican President. And then of course there was Sally Quim, who was sure she knew who “they” are and what “they” believe (pure introspection, I understand, a particular kind of self-fulfilling prophecy). And now we learn that “they” are pulling the strings of the Obama campaign. I am so pleased to be informed of this, I must go and run some red lights immediately. Twenty should do.

I hear Bachmann’s got far away eyes.

Once the dynamics take hold

I hope to use this in future discourse, e.g., “Once the dynamics take hold, I should be having sex with Scarlett Johansson on a regular basis.”

Robert Bork is running for President?