What do you see as a 'disgrace' to metal music? Why?

[HamburgerBoy]

Sanders supports 90% tax brackets. He's to the left even by the standards of most European nations.

 

[CiG]

Sanders supports 90% tax brackets. He's to the left even by the standards of most European nations.

That specific policy yes, but the total package I don't know that he is.

 

[Dazed and Brutal]

Sanders supports 90% tax brackets. He's to the left even by the standards of most European nations.

http://www.politifact.com/truth-o-m...-tax-rates-were-90-percent-under-eisenhower-/

 

[HamburgerBoy]

That specific policy yes, but the total package I don't know that he is.

Germany and other European nations have seen conservative parties win favor over the last few decades and curtail government spending. Sanders is to the left of those parties.

http://www.politifact.com/truth-o-m...-tax-rates-were-90-percent-under-eisenhower-/

He said he supported tax rates as high as 90% in another interview.

FDR and his successors in Truman and Eisenhower were leftists btw. America and most of the rest of the world has been on a gradual right-ward shift since the 70s.

 

[Dazed and Brutal]

FDR and his successors in Truman and Eisenhower were leftists btw. America and most of the rest of the world has been on a gradual right-ward shift since the 70s.

I just thought that was strange to pinpoint has being distinctly radical. I don't see any issue with that graduated rate so long as it's place at an appropriately high level.

 

[CiG]

Germany and other European nations have seen conservative parties win favor over the last few decades and curtail government spending. Sanders is to the left of those parties.

He's to the left of conservative parties in Europe? Did I read that right?

 

[DisconnectedFromReality]

I don't see any issue with that graduated rate so long as it's place at an appropriately high level.

The Laffer curve needs to have a word with you.

 

[Dazed and Brutal]

https://treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm

Empirical evidence would also like a word with you

 

[HamburgerBoy]

I just thought that was strange to pinpoint has being distinctly radical. I don't see any issue with that graduated rate so long as it's place at an appropriately high level.

https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates

The highest income tax brackets in Europe right now are around 60%.

He's to the left of conservative parties in Europe? Did I read that right?

Yes. I have a feeling you're about to say something stupid again so I'll restate what I've just said:

Sanders is to the left of the standards of many (not all) European nations. The standard of a given European nation is best represented by the political powers in charge. European nations have gradually seen success of their more conservative parties since the 90s and 00s. Therefore, Sanders would be a left-wing candidate even in most of Europe.

 

[CiG]

Yes. I have a feeling you're about to say something stupid again so I'll restate what I've just said:

Sanders is to the left of the standards of many (not all) European nations. The standard of a given European nation is best represented by the political powers in charge. European nations have gradually seen success of their more conservative parties since the 90s and 00s. Therefore, Sanders would be a left-wing candidate even in most of Europe.

This is actually what I was thinking you were implying but I get confused easily so I just wanted to make sure.

 

[HamburgerBoy]

https://treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm

Empirical evidence would also like a word with you

How does a non-inflation adjusted table of total federal debt relate in any meaningful way to a discussion on 90% tax rates and the Laffer curve?

 

[Dazed and Brutal]

Either way our economy is steam rolling right now and I think it has a lot to do with the climate Trump has cultivated. My issue with him is mostly socially/environmental based

 

[DisconnectedFromReality]

https://treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm

Empirical evidence would also like a word with you

....uh how did that address what I said lol?

 

[DisconnectedFromReality]

How does a non-inflation adjusted table of total federal debt relate in any meaningful way to a discussion on 90% tax rates and the Laffer curve?

Fuck you beat me to it.

 

[Dazed and Brutal]

How does a non-inflation adjusted table of total federal debt relate in any meaningful way to a discussion on 90% tax rates and the Laffer curve?

inflation isn't that severe. As you can see, the national deficit shot into the trillions following Reagan era tax policy

you're deluded if you think inflation caused the deficit to shoot up around 100% in five years due to inflation

 

[DisconnectedFromReality]

inflation isn't that severe. As you can see, the national deficit shot into the trillions following Reagan era tax policy

you're deluded if you think inflation caused the deficit shot up around 100% in five years due to inflation

None of this addresses how the laffer curve is wrong about a 90% tax FYI.

 

[Dazed and Brutal]

None of this addresses how the laffer curve is wrong about a 90% tax FYI.

The laffer curve works both ways so I was just emphasizing that we have evidence that once the the 90% tax rates were phased out the national deficit sky rocketed. It just so happens that it acts much more severely to reductions than to hikes. The numbers are there, you just need to contextualize them.

 

[HamburgerBoy]

inflation isn't that severe. As you can see, the national deficit shot into the trillions following Reagan era tax policy

Kennedy cut the 90% tax bracket first. Obviously if you take a balanced budget, cut taxes and increase spending, you end up with a deficit, which with time turns into a substantial national debt. That doesn't say anything about the necessity of a 90% tax bracket today, let alone the viability in a world where dozens of industrialized nations compete with one another.

 

[DisconnectedFromReality]

The laffer curve works both ways so I was just emphasizing that we have evidence that once the the 90% tax rates were phased out the national deficit sky rocketed. It just so happens that it acts much more severely to reductions than to hikes. The numbers are there, you just need to contextualize them.

The irony is that you've incorrectly contextualized them. You've attributed something incorrectly to an action.

 

[HamburgerBoy]

The laffer curve works both ways so I was just emphasizing that we have evidence that once the the 90% tax rates were phased out the national deficit sky rocketed. It just so happens that it acts much more severely to reductions than to hikes. The numbers are there, you just need to contextualize them.

Unless you're referring to specific macroeconomic effects and the ability to pay down a debt as a result, neither is more severe than the other. If the government cuts tax revenue by $100b, the deficit increases $100b. If the government increases spending by $100b, the deficit increases $100b.