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-   -   Democrats in Chicago IL want to lower taxes to bring in more revenue. (http://www.peachparts.com/shopforum/off-topic-discussion/402061-democrats-chicago-il-want-lower-taxes-bring-more-revenue.html)

sloride 11-12-2019 08:57 AM

Democrats in Chicago IL want to lower taxes to bring in more revenue.
 
The new Mayor Lightfoot is going to Springfield IL to push for lower taxes for a proposed casino there. All casinos said no go to a casino with a 70%+ tax rate. She will argue, lower that rate and more income will come in.
https://www.dailyherald.com/news/20190916/state-gaming-board-urges-changes-in-law-authorizing-chicago-casino

Air&Road 11-12-2019 09:22 AM

Yeah, lower the moralities of Chicago with Casino’s. Yeah that will help. I guess someone thinks they need more poverty there.

vwnate1 11-12-2019 09:51 AM

Cutting taxes to corporations never helps anyone but the 1% .

Casinos are fun to visit I guess but definitely a 'NIMBY' deal for me .

Air&Road 11-12-2019 09:53 AM

Cutting taxes to corporation stimulates investment and expansion, thus producing more jobs. Now with that said, it’s effectiveness will depend on the structure of that tax cut.

oldsinner111 11-13-2019 07:10 AM

we need a reagan, price freeze on everything,housing too. Raise min. wage to $30. a hour. Taxes on wages,plus local sales tax, will balance budgets. CEO's wages are up 5000% workers barely double since 1972

vwnate1 11-13-2019 12:13 PM

Oops
 
The fact that this has never shown to be true has no effect on the boot lickers, enjoy your lives of misery and poverty .

"Cutting taxes to corporation stimulates investment and expansion, thus producing more jobs."

davidmash 11-13-2019 12:27 PM

The corporate tax refunds were used to pay off share holders, not for reinvestment or bonuses to workers.
https://www.everycrsreport.com/files/20190522_R45736_8a1214e903ee2b719e00731791d60f26d75d35f4.pdf#page=11&zoom=page-fit,0,-247

Air&Road 11-13-2019 12:29 PM

Quote:

Originally Posted by vwnate1 (Post 3976427)
The fact that this has never shown to be true has no effect on the boot lickers, enjoy your lives of misery and poverty .

"Cutting taxes to corporation stimulates investment and expansion, thus producing more jobs."

It has been shown to be true several times beginning with John Kennedy’s tax cut. Numbers don’t lie.

vwnate1 11-13-2019 01:04 PM

Revisionist History
 
No they don't but you do .

Just because you lie and say a thing doesn't make it true .

I actually know quite a few millionaires and independently wealthy types, noe ever put the saves tax dollars back in, they just sit on it .

vwnate1 11-13-2019 01:29 PM

democrats Anywhere
 
Are not particularly my idea of good people FWIW .

They allowed America to get where it is now make no mistake .

I didn't want hillary either .

Air&Road 11-13-2019 01:29 PM

I don’t lie. Go look at the numbers of the early sixties. I am not making up the numbers. Only reading them. Look at the numbers of the last three years since the tax cut for that matter. Very simple to see the result of the tax cut for those capable of understanding fourth grade math.

davidmash 11-13-2019 01:51 PM

Quote:

Originally Posted by Air&Road (Post 3976438)
It has been shown to be true several times beginning with John Kennedy’s tax cut. Numbers don’t lie.

The Congressional Research Service says you are wrong. Take up your argument with them. Be sure to bring proof. I am sure they are awaiting your call.

davidmash 11-13-2019 01:55 PM

Quote:

Originally Posted by Air&Road (Post 3976470)
I don’t lie. Go look at the numbers of the early sixties. I am not making up the numbers. Only reading them. Look at the numbers of the last three years since the tax cut for that matter. Very simple to see the result of the tax cut for those capable of understanding fourth grade math.

The economy has been on a pretty steady path since we got out from under the small recession we had a while ago. The tax credits to the rich which was not reinvested to the economy had nothing to do with the recovery. In fact, according to the CRS, it may have hampered it a bit.

vwnate1 11-13-2019 02:06 PM

Those Pesky FACTS Again
 
Cut it out David ;

Don't you know the proletariat isn't supposed to be happy ?.

Now shaddap and get back to your third minimum wage job, McDonald's is waiting for you to clean the sludge out of the fryer again....

Then the toilets and make it snappy ! .

No back talk there's plenty of hungry folks waiting to get your crappy job, most of them you know how they voted .

Air&Road 11-13-2019 02:16 PM

Quote:

Originally Posted by davidmash (Post 3976475)
The economy has been on a pretty steady path since we got out from under the small recession we had a while ago. The tax credits to the rich which was not reinvested to the economy had nothing to do with the recovery. In fact, according to the CRS, it may have hampered it a bit.

There are none so blind as those who will not see.


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