Haha! Europeans puzzled at why Higher taxes=Less Revenue.

[jem]

Quote from euclid:

So how come, when they cut the tax the number of people declaring earnings >£1m p.a. went back up?

"In the 2009-10 tax year, more than 16,000 people declared an annual income of more than £1 million to HM Revenue and Customs. This number fell to just 6,000 after Gordon Brown introduced the new 50p top rate of income tax shortly before the last general election."

"George Osborne, the Chancellor, announced in the Budget earlier this year that the 50p top rate will be reduced to 45p from next April. Since the announcement, the number of people declaring annual incomes of more than £1 million has risen to 10,000."

nice work -- what the right has is real world facts... tax cuts lead to higher revs... tax increases lead to lower revs.

the left has class warfare.... screw the country for the sake of power.

like Buffett lying his ass off about taxes not being important while he battles with the IRS of a billion in taxes.

 

[Ricter]

Quote from jem:

nice work -- what the right has is real world facts... tax cuts lead to higher revs... tax increases lead to lower revs.

the left has class warfare.... screw the country for the sake of power.

like Buffett lying his ass off about taxes not being important while he battles with the IRS of a billion in taxes.

Taxes were very low in 1900, so were revenues. Taxes are much higher now, and so are revenues. Therefore higher taxes lead to higher revenues.

 

[PHOENIX TRADING]

Quote from Ricter:

Taxes were very low in 1900, so were revenues. Taxes are much higher now, and so are revenues. Therefore higher taxes lead to higher revenues.

going full retard are you?

ricter is one dumb piece of shit, this post proves he doesn't know his ass from a hole in the ground.
no wonder he supports socialism if this is a sample of his quality of thought.

I bet he thinks we should take him serious.

 

[jem]

Quote from Ricter:

Taxes were very low in 1900, so were revenues. Taxes are much higher now, and so are revenues. Therefore higher taxes lead to higher revenues.

and our economy was expanding so fast we had to take immigrants from such places as Ireland and other European places which the left would never want now.

low taxes, low jobs and somehow we managed to win wars, educate our children and provide jobs.

 

[~~~]

Quote from tomdavis:

Third world countries don't have infrastructure (modern roads, bridges, schools, utilities, internet, etc.) and many are unsafe. My wife and I are seriously considering a move out of the US, but it has be a place where our children will be safe and where they can get a good education.

I don't mind paying taxes if I get something for it. I currently live in California where I pay very high taxes and get lousy schools, roads, etc.

Maybe you can consider Singapore is very safe and your kids can get a good education. I know many expats in China, they are very happy there and their kids go to International schools in China all doing very well.


Jim's cute little angels can speak mandarin/chinese very well in Singapore.

http://youtu.be/2-hnui-GIQg

4 year-old little french girl studying in Singapore.

http://youtu.be/QrFXqbRARTA

incredible cutie pie 2 year-old German baby reads chinese poetry.

http://youtu.be/c-70imMxMDM