gull
|
|
response 175 of 176:
| 
Mar 20 04:35 UTC 2006 |
Re resp:31: The minimum wage is currently at its lowest level since it
was created, if you adjust for inflation. I wouldn't worry about it
getting too far ahead of inflation.
Re resp:58: That's good to know. For the record, I don't really
consider klg a representative conservative, either.
Re resp:68: Good arguments can help, but money and fear are what really
win elections.
Re resp:138: A drop in taxes *can* result in an increase in revenue, but
only if the tax rate is so high that it significantly hinders the
economy. There aren't any respected economists that I'm aware of who
are saying we're on that side of the demand curve. Republicans take it
on faith that we are, because it supports their policies -- much like
they take supply-side economics on faith, in spite of the fact that it's
disproved about once a decade.
I know some people will point to Reagan, but the fact is, tax revenues
only increased under Reagan if you don't adjust for inflation, which was
pretty high in the early- to mid-80s.
|
klg
|
|
response 176 of 176:
|
Mar 20 11:44 UTC 2006 |
1. Who, in your considered opinion, is a "representative coservative?"
2. Do you have any facts/figures to support your assertion that a
general reduction in income tax rates reduced tax revenues?
3. What was the increase in federal tax revenues under Reagan and what
was the inflation rate
|