Taxes!

[jstoesz]

correct…I oversimplified, buying stocks only gives companies capital when they issue new shares.

Increased demand for ford stocks increase their market capitalization which will increase their capital raising abilities when they get to issuing new shares down the road (so to speak).

[jstoesz]

[quote] little empirical evidence that rate changes, by themselves, either promote or reduce the availablity of capital or labor.[/quote]

This statement is just asinine. Rates change behavior…incentives and disincentives work. Small changes of the tax code are just too hard to tease out of all the other factors that go into the economy

If you tax labor at 100% you will get less labor then if you tax it at 90% and even less than if you tax it at 80% etc.

The same goes passive income and investing. Incentives work.

[jstoesz]

[quote] little empirical evidence that rate changes, by themselves, either promote or reduce the availablity of capital or labor.[/quote]

This statement is just asinine. Rates change behavior…incentives and disincentives work. Small changes of the tax code are just too hard to tease out of all the other factors that go into the economy

If you tax labor at 100% you will get less labor then if you tax it at 90% and even less than if you tax it at 80% etc.

The same goes passive income and investing. Incentives work.

[jstoesz]

[quote] little empirical evidence that rate changes, by themselves, either promote or reduce the availablity of capital or labor.[/quote]

This statement is just asinine. Rates change behavior…incentives and disincentives work. Small changes of the tax code are just too hard to tease out of all the other factors that go into the economy

If you tax labor at 100% you will get less labor then if you tax it at 90% and even less than if you tax it at 80% etc.

The same goes passive income and investing. Incentives work.

[jstoesz]

[quote] little empirical evidence that rate changes, by themselves, either promote or reduce the availablity of capital or labor.[/quote]

This statement is just asinine. Rates change behavior…incentives and disincentives work. Small changes of the tax code are just too hard to tease out of all the other factors that go into the economy

If you tax labor at 100% you will get less labor then if you tax it at 90% and even less than if you tax it at 80% etc.

The same goes passive income and investing. Incentives work.

[jstoesz]

[quote] little empirical evidence that rate changes, by themselves, either promote or reduce the availablity of capital or labor.[/quote]

This statement is just asinine. Rates change behavior…incentives and disincentives work. Small changes of the tax code are just too hard to tease out of all the other factors that go into the economy

If you tax labor at 100% you will get less labor then if you tax it at 90% and even less than if you tax it at 80% etc.

The same goes passive income and investing. Incentives work.

[an]

[quote=SK in CV]
Straw man argument. Nobody has suggested such a preference. Historically, the US tax code has provided preferences both for earned and various types of unearned income. With very minor exception there is little empirical evidence that rate changes, by themselves, either promote or reduce the availablity of capital or labor.[/quote]
Are you sure nobody has suggested such a preference? Here, I’ll help you out:

[quote=CA renter]IMHO, we need to discourage gambling and encourage work. That’s why I would lower the rate on **earned** income, and tax investment income at a much higher rate, with steeply progressive rates.[/quote]
What does “much higher rate” mean to you?

[an]

[quote=SK in CV]
Straw man argument. Nobody has suggested such a preference. Historically, the US tax code has provided preferences both for earned and various types of unearned income. With very minor exception there is little empirical evidence that rate changes, by themselves, either promote or reduce the availablity of capital or labor.[/quote]
Are you sure nobody has suggested such a preference? Here, I’ll help you out:

[quote=CA renter]IMHO, we need to discourage gambling and encourage work. That’s why I would lower the rate on **earned** income, and tax investment income at a much higher rate, with steeply progressive rates.[/quote]
What does “much higher rate” mean to you?

[an]

[quote=SK in CV]
Straw man argument. Nobody has suggested such a preference. Historically, the US tax code has provided preferences both for earned and various types of unearned income. With very minor exception there is little empirical evidence that rate changes, by themselves, either promote or reduce the availablity of capital or labor.[/quote]
Are you sure nobody has suggested such a preference? Here, I’ll help you out:

[quote=CA renter]IMHO, we need to discourage gambling and encourage work. That’s why I would lower the rate on **earned** income, and tax investment income at a much higher rate, with steeply progressive rates.[/quote]
What does “much higher rate” mean to you?

[an]

[quote=SK in CV]
Straw man argument. Nobody has suggested such a preference. Historically, the US tax code has provided preferences both for earned and various types of unearned income. With very minor exception there is little empirical evidence that rate changes, by themselves, either promote or reduce the availablity of capital or labor.[/quote]
Are you sure nobody has suggested such a preference? Here, I’ll help you out:

[quote=CA renter]IMHO, we need to discourage gambling and encourage work. That’s why I would lower the rate on **earned** income, and tax investment income at a much higher rate, with steeply progressive rates.[/quote]
What does “much higher rate” mean to you?

[an]

[quote=SK in CV]
Straw man argument. Nobody has suggested such a preference. Historically, the US tax code has provided preferences both for earned and various types of unearned income. With very minor exception there is little empirical evidence that rate changes, by themselves, either promote or reduce the availablity of capital or labor.[/quote]
Are you sure nobody has suggested such a preference? Here, I’ll help you out:

[quote=CA renter]IMHO, we need to discourage gambling and encourage work. That’s why I would lower the rate on **earned** income, and tax investment income at a much higher rate, with steeply progressive rates.[/quote]
What does “much higher rate” mean to you?

[bubba99]

IMPORT Tax, or Tariff.

In 1789 the U.S. did not need income taxes because all was paid for with tariffs on imports.
America’s strength is consumption. Unless we are willing to compete for $1.00/hour manufacturing jobs, we must go with our strength – consumption. Add $1,000/container import duty and kill all the other taxes.
Yes, other countries will also add tariffs, but we are a net importer and need to offset Chinas currency manipulation.

[bubba99]

IMPORT Tax, or Tariff.

In 1789 the U.S. did not need income taxes because all was paid for with tariffs on imports.
America’s strength is consumption. Unless we are willing to compete for $1.00/hour manufacturing jobs, we must go with our strength – consumption. Add $1,000/container import duty and kill all the other taxes.
Yes, other countries will also add tariffs, but we are a net importer and need to offset Chinas currency manipulation.

[bubba99]

IMPORT Tax, or Tariff.

In 1789 the U.S. did not need income taxes because all was paid for with tariffs on imports.
America’s strength is consumption. Unless we are willing to compete for $1.00/hour manufacturing jobs, we must go with our strength – consumption. Add $1,000/container import duty and kill all the other taxes.
Yes, other countries will also add tariffs, but we are a net importer and need to offset Chinas currency manipulation.

[bubba99]

IMPORT Tax, or Tariff.

In 1789 the U.S. did not need income taxes because all was paid for with tariffs on imports.
America’s strength is consumption. Unless we are willing to compete for $1.00/hour manufacturing jobs, we must go with our strength – consumption. Add $1,000/container import duty and kill all the other taxes.
Yes, other countries will also add tariffs, but we are a net importer and need to offset Chinas currency manipulation.

[Author]

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