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That's right, personally my cap on garbage consumption is about 5 seconds. I appreciate your attention to the matter.
Funny how some people consider facts "garbage".
It is a fact that the German economy is the only thing propping up the EU.
It is a fact that Greece/Spain/Portugal all would be bankrupt without the EU (Germany) bailing out their economies.
It is a fact that a growing % of Germans no longer want to remain in the EU.
It is a fact that the UK government has debated pulling out of the EU charter.
It is a fact that very few of the jobs created by Obama's stimulus still exist today.
It is a fact that the French economy has stagnated and relied on European Central Bank more and more to buy their debt. (much like we have been doing in the US with the Fed buying up Treasuries)
It is a fact that 60% of the US pays little to no federal income tax.
The truth is the truth is the truth.
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Actually all I've been saying is tax money is reintroduced into the marketplace driving additional demand which creates additional work and service opportunities.
What you are describing is redistribution and relying on it leads to stagnation and deflation.
You are simply taking from one bucket and putting that money into another bucket. The benefit is only temporary because it is the same money being moved around. Taxes benefit one person or entity, but they also take away from another person or entity.
I take $10 away from you and give it to Joe; Joe's personal economy just improved. But your personal economy just got worse. The NET increase to the overall economy between the two of you is a NET of ZERO. Nothing has been created, only moved around.
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Or think of it like this. If you take away from a business and give it to their customers, sure the customers come back and buy more. But if all they can buy is what the business gives back to them, the amount they are able to buy decreases over time (do the math using a 40% tax rate).
To combat this, you then have to increase the amount the business gives back to their customers. If you keep repeating this cycle, eventually the business is giving away the majority of their profits to their customers just so they can keep buying the companies products and they stay in business. Since the amount going back into the business as profits becomes less and less over time,eventually that means the business cant afford to stay the same size.... so it shrinks... which is the same as stagflation followed by deflation.
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