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Tie tax cuts to unemployment rate (DU backwards alert)
Fri Nov-12-10 08:40 AM
| "Pholus "
Posted on 11/12/2010 6:19:36 AM PST by palmer
10% unemployment = 50% top tax rate corporate = 85% individual top tax rate for more than $250k/year
4% unemployment = 20% top tax rate corporate = 25% individual top tax rate for more than $250k/year
1% unemployment = 0% top tax rate corporate = 10% individual top tax rate for more than $250k/year
TOPICS: Business/Economy; Politics
KEYWORDS: duh; dumbocratunderground
Apparantly this idea was copied from a comment in Krugman's blog. Perhaps the original poster there meant to be satirical?
Some obvious extensions: 20% unemployment results in a 99% tax rate, then 90% employment in a 100% tax rate, then 100% unemployment with an infinite tax rate.
posted on 11/12/2010 6:19:44 AM PST
Make sense to me.
posted on 11/12/2010 6:24:11 AM PST
(Separation of church and state? No, we need separation of media and state.)
The long-term result of liberals' hatred of capitalism and private property.
posted on 11/12/2010 6:25:31 AM PST
by Erik Latranyi
(Too many conservatives urge retreat when the war of politics doesn't go their way.)
These people really are insane !
posted on 11/12/2010 6:37:50 AM PST
(Obama. First Marxist to turn a five year Marxist plan into a 4 year administration.)
I was reading a Nero Wolfe detective story written in 1945. In the story, Wolfe refuses a commission of $5,000 because, after income tax, he will only get $500 and he can’t see doing the job for $500.
posted on 11/12/2010 7:43:27 AM PST
by Question Liberal Authority
(Worst. Post-Racial. And Post-Partisan. Agent Of Hope And Change. EVER.)
Perhaps, we could consider grossly ignorant as well. The way libs go about life is so 4th world. They would make such good flat worlders etc. Facts are never allowed to confuse them. After all they ARE smarter than the rest of us. LOL!!!!
posted on 11/12/2010 7:58:19 AM PST
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