[jazusamo]

*PING*
Thomas Sowell

Recent column
The Invincible Lie
Jobs Versus Net Jobs
All-Time All-Stars: Part II

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[Tax-chick]

Higher tax rates are a win for Obama because people who will vote for him are not sufficiently informed to realize it will mean lower revenue. They are motivated by envy and hatred; their false belief that “the rich” will pay more taxes with higher rates makes them happy. They don’t care that, with higher rates, “the rich” will withdraw investment from productive to unproductive uses - which means fewer jobs and fewer products for everyone. They just want to believe that, somehow, their man Obama is hurting “the rich.”

[Cyber Liberty]

Dems don’t care about the revenue. They only care about “fairness.” To them, the whole purpose of taxes is to bring higher earners down.

If you ever find yourself in discourse with someone over taxes, start off by asking them why we have income taxes. You’ll save a lot of time if you get that answer up front. If they frame it as “fairness,” discussion of tax rates vs. tax revenues won’t have any effect on them, so don’t waste your time.

[Standing Wolf]

A great many people who consistently vote for representatives of the Democratic [sic] party work much, much harder to steal $5.00 than earn $50. They'd rather see someone else's taxes increased by $50 than earn another $500. They've been persuaded "society," whatever that might be, has wronged them, and only endless, endlessly increasing theft can compensate them.

A great many of them have the intellectual, moral, and emotional development of four-year-old children.

[GOPJ]

The point here is that Obama knew then that tax rates and tax revenues do not automatically move in the same direction. In other words, he is lying when he talks as if tax rates and tax revenues move together. Ms. Borger and others in the media may or may not know that. So they are not necessarily lying. But they are failing to inform their audiences about the facts — and that allows Obama's lies to stand.

The MSM doesn't understand how bad economic mistakes make them look.

It's as if a sports reporter talked about how many home runs a football team made - or how many downs were left in a tennis match. If the MSM allowed a sports reporter to report like that they'd look stupid. This is the same.

The MSM wants credibility back? Their work is cut out for them... Thanks Mr. Sowell.

[Fledermaus]

Romney doesn’t get this either. Just today he was on the Hannity radio show and actually said this incredibly stupid remark on taxes: He wanted to lower the corporate tax rate but limit deductions because “we have to pay for it”.

He doesn’t get it! Mitt needs to reach out to Dr. Sowell and/or Dr. Williams for economic advice.

[Chickensoup]

I am on your ping list twice please remove me once!

Thanks

[driftless2]

I have a bunch of Dem friends and family members who are adamant that rich people pay no taxes. Quoting facts to them does no good. Because they want to believe the lies.

[CSM]

All your money are belong to us!