I would rather pay more taxes then belong to the Axis.

[Ogie Oglethorpe]

Wow. Giving the raving lunatics on the street a run for the money.

This thread is so full of FAIL, it didnt get out of the thread title with out Godwinizing itself.

OIAW lol.

[DinoDoc]

Why are you pro-Nazi, Oerdin?

Probable reason? ... I think it’s very important for Democrats especially to remember this, that if Hitler had not come along, Franklin Roosevelt would have left office in 1941 with an unemployment rate in excess of 15 percent and an economic recovery strategy that had basically failed. - Larry Summers

[Ben Kenobi]

trying to push this country to default on it's constitutional obligation to pay its debts. Eat **** and die.

The question is whether the bill can be paid by lowering revenue or cutting spending. The tax increases won't increase government revenue. Instead, just the opposite.

[Zevico]

Tax increases won't pay off social security or other entitlement programs. Those cost of those programs will not increase in line with GDP. It will outstrip it as the population ages.

Plus, if you don't pay off the debt how will you afford to keep paying for your Cowboy Poetry festivals?

[BeBMan]

What if you can pay more taxes *and* belong to the axis??? Win-Win. At least initially.

[RoboCon]

You cannot multiply wealth by dividing it! 9/11 = .81818181, enjoy your ban, Oerdin!

[Riesstiu IV]

Oh hi Drake.

[Guynemer]

You cannot multiply wealth by dividing it! 9/11 = .81818181, enjoy your ban, Oerdin!

[loinburger]

The tax increases won't increase government revenue. Instead, just the opposite.

What tax rate will maximize government revenue, and what equation(s) do you use to arrive at that number?

I'm assuming that you don't believe that a tax rate of zero will maximize government revenue, so there must be some non-zero tax rate that is ideal. I'm also assuming that you'll have pulled this number out of thin air, but am willing to be surprised.

[The Mad Monk]

Oh hi Drake.

No.

[Ben Kenobi]

What tax rate will maximize government revenue, and what equation(s) do you use to arrive at that number?

Given that revenues increased after the Bush cuts, increasing them from their current values will lead to a reduction in government revenue. Especially during a recession.

Or you can be like Obama and want to go back to the FDR days with a 90 percent tax on high earners. Worst president ever.

[loinburger]

Given that revenues increased after the Bush cuts, increasing them from their current values will lead to a reduction in government revenue.

I am shocked that Ben would lie about the effects of the Bush tax cuts

[giblets]

Given that revenues increased after the Bush cuts, increasing them from their current values will lead to a reduction in government revenue. Especially during a recession.

Or you can be like Obama and want to go back to the FDR days with a 90 percent tax on high earners. Worst president ever.

But tax revenue increased after Clinton raised taxes to where they were before Bush lowered them. OMG it's a paradox!

[giblets]

Given that Bush's tax cuts must have been the reason tax revenues went up, and Clinton's tax hikes must have been the reason tax revenue went up in the 90's, we can infer that any adjustment of taxes causes revenue to increase. Congress should raise taxes by 2%, then lower them back to where they were, and repeat that an infinite number of times. Unlimited tax revenues!

[Ben Kenobi]

I am shocked that Ben would lie about the effects of the Bush tax cuts

Revenue went up from 2002-8.

Where's the beef?