Our server costs ~$56 per month to run. Please consider donating or becoming a Patron to help keep the site running. Help us gain new members by following us on Twitter and liking our page on Facebook!
Current time: August 11, 2025, 1:27 am

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Bar stool economics
#10
RE: Bar stool economics
(November 9, 2014 at 10:24 pm)Heywood Wrote:
(November 9, 2014 at 9:07 pm)Surgenator Wrote: Did you really watch the two videos Heywood? The critique quickly shows how the the bar analogy is a false representation of our tax system. And your counter is " I don't agree with this implication and feel the opposite is true." No one cares how you feel about the topic. If you want to say an the economist is wrong, provide evidence.

Yes I did watch both videos...and in the interest of fair debate, I thought I would choose two videos(of many) that best outlined both positions. I am not a minimalist or a Brian37 who purpose in life is to parrot one position and one position only. I don't mind examining an argument from multiple points of view.

The conclusion of the argument video is that the reason the rich get the biggest benefit when there is a tax cut....is because they pay the most in taxes in the first place.

The critique video....while making some valid points....does not show the conclusion made by the argument video is false. The critique video does a good job of showing that there are a lot more nuances to our tax system them the argument video leads to you believe.....it however does not show these nuances...when considered....lead to a different conclusion. That conclusion being the rich benefit the most from any tax cut....because they pay the most in taxes in the first place.

I recommend that you don't assume min or Brian don't listen to other opinions. It's an ad-hominem attack.

You missed the point of the critique when they talk about % amount while the howtheworldworks video was using totals.

Also, the economist said most of these rich people don't pay any taxes at all. So the really poor people and the rich guy would pay nothing if we use the bar example.
Reply



Messages In This Thread
Bar stool economics - by Heywood - November 9, 2014 at 7:46 pm
RE: Bar stool economics - by Brian37 - November 9, 2014 at 8:07 pm
RE: Bar stool economics - by Heywood - November 9, 2014 at 8:17 pm
RE: Bar stool economics - by Brian37 - November 9, 2014 at 8:23 pm
RE: Bar stool economics - by Heywood - November 9, 2014 at 8:27 pm
RE: Bar stool economics - by Brian37 - November 9, 2014 at 8:37 pm
RE: Bar stool economics - by Surgenator - November 9, 2014 at 9:07 pm
RE: Bar stool economics - by Heywood - November 9, 2014 at 10:24 pm
RE: Bar stool economics - by Surgenator - November 9, 2014 at 11:38 pm
RE: Bar stool economics - by Heywood - November 10, 2014 at 4:08 pm
RE: Bar stool economics - by Cato - November 10, 2014 at 5:50 pm
RE: Bar stool economics - by Surgenator - November 10, 2014 at 7:11 pm
RE: Bar stool economics - by Heywood - November 10, 2014 at 8:54 pm
RE: Bar stool economics - by Surgenator - November 10, 2014 at 11:20 pm
RE: Bar stool economics - by Heywood - November 10, 2014 at 11:30 pm
RE: Bar stool economics - by Surgenator - November 11, 2014 at 12:10 am
RE: Bar stool economics - by Heywood - November 11, 2014 at 8:52 pm
RE: Bar stool economics - by Surgenator - November 12, 2014 at 12:08 am
RE: Bar stool economics - by Heywood - November 12, 2014 at 12:36 am
RE: Bar stool economics - by Surgenator - November 12, 2014 at 1:23 am
RE: Bar stool economics - by Heywood - November 12, 2014 at 10:34 am
RE: Bar stool economics - by Surgenator - November 12, 2014 at 2:13 pm
RE: Bar stool economics - by Heywood - November 12, 2014 at 7:28 pm
RE: Bar stool economics - by Surgenator - November 12, 2014 at 7:58 pm
RE: Bar stool economics - by Heywood - November 12, 2014 at 9:30 pm
RE: Bar stool economics - by Surgenator - November 12, 2014 at 10:06 pm
RE: Bar stool economics - by Heywood - November 12, 2014 at 10:12 pm
RE: Bar stool economics - by Surgenator - November 12, 2014 at 10:19 pm
RE: Bar stool economics - by Cato - November 12, 2014 at 4:30 am
RE: Bar stool economics - by Cato - November 11, 2014 at 7:25 am
RE: Bar stool economics - by Brian37 - November 11, 2014 at 8:20 am
RE: Bar stool economics - by Chad32 - November 9, 2014 at 9:32 pm
RE: Bar stool economics - by Cato - November 10, 2014 at 9:26 am
RE: Bar stool economics - by Fidel_Castronaut - November 11, 2014 at 8:34 am
RE: Bar stool economics - by Brian37 - November 13, 2014 at 7:33 am
RE: Bar stool economics - by Heywood - November 13, 2014 at 7:07 pm

Possibly Related Threads...
Thread Author Replies Views Last Post
  Seven states bar people with a criminal record from receiving victim's compensation Angrboda 34 4999 September 23, 2018 at 5:16 am
Last Post: viocjit
  Now Who Knew Economics Could Be So "Complicated?" Minimalist 2 1029 April 9, 2018 at 9:02 pm
Last Post: brewer
  The Worst School of Economics EgoRaptor 3 1564 January 28, 2014 at 7:04 pm
Last Post: EgoRaptor
  sceptical economics. jonb 6 1800 January 17, 2013 at 4:39 am
Last Post: KichigaiNeko
  Grinch Economics Tobie 1 1568 April 11, 2012 at 4:19 pm
Last Post: Autumnlicious
  Economics book recommendations Justtristo 3 2282 February 5, 2012 at 6:14 pm
Last Post: RW_9
  Conservative/Libertarian economics and anthropic global warming popeyespappy 11 5376 May 9, 2011 at 2:24 am
Last Post: Autumnlicious
  Austrian Economics reverendjeremiah 18 4984 May 4, 2011 at 1:17 pm
Last Post: reverendjeremiah
  Austrian economics ftw! theVOID 6 2933 December 24, 2010 at 11:46 am
Last Post: Jaysyn



Users browsing this thread: 1 Guest(s)