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Crimson Politics ^ | 2/16/09 | Brian Kane

[Crimson Politics]

The economy is a very difficult subject to understand, everyone thinks their method is best. The problem being that the economy is such an open system that it is hard to determine for sure the best economic policy which would result in the best economy as well as the best society.

[Crimson Politics]

Let's examine evidence, and point to what's right, rather than pointing to what's right, then looking for evidence of how we're right.

[Uncle Miltie]

All evidence points to Political and Economic Freedom as critical to wealth creation.

[Uncle Miltie]

[Uncle Miltie]

Economic and Political Freedoms go hand in hand:

[Uncle Miltie]

Happily, there is more Freedom now, presuming the vertical axis is country count:

[Uncle Miltie]

Common Culture also matters:

Helloooooo Comrade Juan McNuts!

[Uncle Miltie]

Tax Rates also matter. Let's review the Laffer Curve:

[Uncle Miltie]

Here's the detail of the peak of that Laffer Curve graph:

In case you want policy prescriptions for maximum growth.

[Uncle Miltie]

Recall also that high marginal tax rates harm income to the Treasury. Smart Libs know this, but Tax Cuts don't win votes from their stupid lib constituents. So they go along with Tax Increases, knowing perfectly well they will harm the revenue that they can spend.

[Uncle Miltie]

We also know that the government's proportion of spending in the economy harms growth. Can you say "Porkuklus?" I knew you could.

[Uncle Miltie]

Even Eurosocialists have figured out that high business taxes kill growth. They are reducing rates across the board, putting the U.S. at a disadvantage:

Where did Wall Street go? London.

[Uncle Miltie]

And, if you want the Stock Market to go up, cut the Capital Gains Tax Rates:

It is only the AFTER Tax returns that matter, so if you reduce the tax, the value goes up!

[Uncle Miltie]

But apparently, I’m the only guy who cares.

[meyer]

But apparently, I’m the only guy who cares.

Not at all - good stuff. Struggling to read the charts on this screen because I have the resolution jacked up to 2560 X 1600 pixels.

[Uncle Miltie]

Okay, that was derivative of the Laffer Curve, which has a vertical axis of Revenue to the Treasury.

[Uncle Miltie]

More proof that lowering Corporate Tax Rates would improve income to the Treasury. Libs are truly cutting their noses off to spite their face.

Find the U.S. in the top left; exactly where you don't want to be.

[Uncle Miltie]

Laffer Curve repeated, done on its usual vertical axis:

[Uncle Miltie]

Cutting Taxes makes you a Reagan-Hero-Growth guy.

Raising Taxes makes you a Hoover-Loser-Depression guy.

Which is 0bummer?

[FormerACLUmember]

Outstanding posts. Very informative. Thanks.

[Uncle Miltie]

Punishing investments with Capital Gains taxes is counterproductive. Cutting Capital Gains taxes (preferably to zero) are better. Here's the theory: