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: November 25, 2024, 12:48 am

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Bar stool economics
#29
RE: Bar stool economics
(November 12, 2014 at 2:13 pm)Surgenator Wrote: Why did you change your standard of what was considered fair? You first measure of what was considered fair was how much % savings each person got. Now your considering the total amount saved. You have to be consistent if we want to get anywhere. That was one of the criticism in the link I gave you about this bar stool economics.

This is what a marginal tax cut would look like if you matched it the % spend.

Original Cost -> New Cost -> % Savings
$59.00 -> $47.20 -> 20%
$18.00 -> $14.40 -> 20%
$12.00 -> $9.60 -> 20%
$7.00 -> $5.60 -> 20%
$3.00 -> $2.40 -> 20%
$1.00 -> $0.80 -> 20%

Some people on the left would say this scheme that you proposed is unfair because the richest guy gets more money back from the government then the poorest guy.


(November 12, 2014 at 2:13 pm)Surgenator Wrote: I already gave you links in my previous post on how the rich get tax deductions that are not avaliable to the rest of the population. A tax deductions is effectively a tax cut. These other links show how business are unfairly burdening the poor.

You have to ask yourself, Heywood, what should be the standard which we base our tax rates on? For me, it is effort+ability = financial mobility. And there has to be a minimum effort+ability that gives you a living wage.

I saw those links...but they do not back the claim that the rich pay less taxes then the poor....when we know the opposite is true. They do not back the claim that the rich receive substantially different benefits from the government than poor people do.
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 3433 September 23, 2018 at 5:16 am
Last Post: viocjit
  Now Who Knew Economics Could Be So "Complicated?" Minimalist 2 886 April 9, 2018 at 9:02 pm
Last Post: brewer
  The Worst School of Economics EgoRaptor 3 1411 January 28, 2014 at 7:04 pm
Last Post: EgoRaptor
  sceptical economics. jonb 6 1625 January 17, 2013 at 4:39 am
Last Post: KichigaiNeko
  Grinch Economics Tobie 1 1431 April 11, 2012 at 4:19 pm
Last Post: Autumnlicious
  Economics book recommendations Justtristo 3 2101 February 5, 2012 at 6:14 pm
Last Post: RW_9
  Conservative/Libertarian economics and anthropic global warming popeyespappy 11 4983 May 9, 2011 at 2:24 am
Last Post: Autumnlicious
  Austrian Economics reverendjeremiah 18 4371 May 4, 2011 at 1:17 pm
Last Post: reverendjeremiah
  Austrian economics ftw! theVOID 6 2701 December 24, 2010 at 11:46 am
Last Post: Jaysyn



Users browsing this thread: 1 Guest(s)