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-   -   Bush tax cut analysis (https://www.subsim.com/radioroom/showthread.php?t=175425)

August 09-29-10 03:19 PM

Quote:

Originally Posted by mookiemookie (Post 1505751)
I doubt you'd find any court in the nation that would agree that being rich is a suspect classification. No fundamental right to life liberty or pursuit of happiness is being denied.


So you're saying that discrimination only exists if it involves a certain set of legislated circumstances? That's a lot like saying you don't have a right unless it's mentioned in the Bill of Rights.


Quote:

A progressive tax system also pases the rational basis review
Sez you. Show me where it's been applied to progressive taxation.

gimpy117 09-29-10 03:27 PM

Quote:

Originally Posted by August (Post 1505744)
That's assuming you can still make a profit on the remainder. Not all business overhead is deductible. 4.5% could therefore easily be the difference between a profitable and unprofitable venture.

If my business was that close to losing money, I'd probably either find new work, or rethink my business model

August 09-29-10 05:11 PM

Quote:

Originally Posted by gimpy117 (Post 1505767)
If my business was that close to losing money, I'd probably either find new work, or rethink my business model

So what kind of profit margin does your business enjoy?

mookiemookie 09-29-10 05:20 PM

Quote:

Originally Posted by August (Post 1505760)
Show me where it's been applied to progressive taxation.

Page 5-10: https://docs.google.com/viewer?url=h...1815.DOC&pli=1

Especially the last sentence on page 10.

gimpy117 09-29-10 06:12 PM

Quote:

Originally Posted by August (Post 1505815)
So what kind of profit margin does your business enjoy?

like a bazillion ;)

August 09-29-10 06:37 PM

Quote:

Originally Posted by mookiemookie (Post 1505817)
Page 5-10: https://docs.google.com/viewer?url=h...1815.DOC&pli=1

Especially the last sentence on page 10.

Wow a California court, imagine that. :DL

But I guess you got me. Still, we'll see how the voters feel about progressive taxation come November.

August 09-29-10 06:37 PM

Quote:

Originally Posted by gimpy117 (Post 1505841)
like a bazillion ;)

:roll:

mookiemookie 09-29-10 06:47 PM

Quote:

Originally Posted by August (Post 1505853)
Wow a California court, imagine that. :DL

But I guess you got me. Still, we'll see how the voters feel about progressive taxation come November.

A California court quoting the Supreme Court.

And regardless of who you put into office, the tax system isn't going to appreciably change much.

Aramike 09-29-10 07:03 PM

Quote:

People will continue to work and earn money, regardless of the general level of taxes.
That wasn't the author's point at all. His point was that less people would be willing to risk capital in order to start businesses and therefore attempt to become rich - I happen to agree with the author there.

Come on, mookie, you're a lib ... but you're advocating policies which lead people straight into the employ of the evil corporations in the name of job security.


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