NYT: Another Mission ‘Accomplished’ - Revenue Surge Due To Widening Income Gap

New York Times ^ | 7/11/06

[Proud_USA_Republican]

[operation clinton cleanup]

Maybe the sudden surge is housing contractors, etc. bringing illegal workers on the books?

[Mr. Brightside]

I think the NYT is jealous that IT is not making higher profits, and thus, paying higher taxes.

[mo]

Your analysis is right on...but you're wasting bandwidth. For the NYT and the left....an increase in disposable income means more power for individuals, and less Federal dependency. In otherwords, good for you and me ...bad for them. Quite seriously, the Democrats see their opportunity only in our misery...and hence their stand on the war on terror.

[A. Pole]

As corporations and high- income Americans claim ever more of the economic pie, revenues rise, even if there’s no increase in overall economic growth....

Interesting

[MNJohnnie]

As corporations and high- income Americans claim ever more of the economic pie, revenues rise, even if there’s no increase in overall economic growth.... Interesting

Intresting if you like lies. Overall economic growth is now working on like its 18th quater of greater then 3% growth. What the time says here is an out right lie. You cannot even claim it as a distorition, it is just a lie. Real Wage growth, Ecnomic growth, Consumer Confidence, etc etc etc. It all growing and the NY Treason Times simply lies here. No misstatement, not partial truth, just an utter and complete lie.

[MNJohnnie]

narrow the income gap is for everybody else to make less than before. And the Times thinks that would be a good thing?

Well everyone else just not them. Marxists always thing that best thing in life is for everyone else to be equally miserable, then it is "Fair". Notice none of the Junk Media Editors types ever give ANY of their ill gotten over inflated salaries back.

[RichInOC]

Oh, I get it...this is like the story a few years ago, "Despite Drop in Crime, an Increase in Inmates":

Despite Tax Cuts for the Rich, an Increase in Revenue

[A. Pole]

Intresting if you like lies.

Lies or wrong reasoning? If the stratification increases the progressive system of taxation should lead to the higher revenue or not?

[MNJohnnie]

"As corporations and high- income Americans claim ever more of the economic pie, revenues rise, even if there’s no increase in overall economic growth...."

*****Snip******

That statement is an our right lie. It is what is know in Ecnonmics as a Zero Sum Fallacy. The LIE is that the pie is one size. It is not, it grows. EVERYONE can get richer (what is going on now) or everyone can get pooer (the 1930 Depression) or some gain and some lose.

But the rich do NOT get rich on the back of the poor. It a stupid Marxist lie that anyone with even 1 class in basic Economics knows is a fraud. They know they are lying but do not care since it serves their "Holy Mission" of getting Bush. It a LIE, not a difference of opinion, A LIE.


Here read about it yourself. This is not a "difference of opinion" it is a knowing lie told by the NY Treason Times.


http://www.promethea.org/Misc_Compositions/PrometheanCapitalism/Zero-Sum.html

[A. Pole]

It is what is know in Ecnonmics as a Zero Sum Fallacy. The LIE is that the pie is one size. It is not, it grows.

Or shrinks. Economy can also grow because of mass immigration while the median income goes down.

Anyway, do you disagree that increased stratification can lead to the increased tax revenue?

[Holicheese]

I am sure this Neo-Comm shares his paycheck with the paper boys and the press setter.
What a fraud.

[MNJohnnie]

As corporations and high- income Americans claim ever more of the economic pie

Here is the other part of the Neo Marxist lie being told here. Corporations do NOT claim "part of the pie" at all. Corporations are just collections of investors. So all those Union Pension funds and employee 401K plans and other investors that are invested in those Corporations get paid dividends from that "Corporate piece of the pie". That after those Corporations pay a whole bus load of taxes. Either that or Corps reinvest the profits thus making the Ecnomic pie bigger making us all richer.

Corporations claim NO part of the Economic pie rather they help generate "the pie" Just another collection of Neo-Marxist losers screaming lies. That all the Editorial board at the NY Treason Times is.

[Extremely Extreme Extremist]

Words fail me. This article makes a North Korean press release objective.

[ConservativeMind]

Interesting post. Thamks!

[Auntie Dem]

A growing number of economists, most prominently from the Congressional Budget Office, point out that upsurges in revenue are also the result of growing income inequality in the United States, an observation that is consistent with mounting evidence of a rapidly widening gap between the rich and everyone else.

So the class warfare liberals think the rich should be paying more taxes, and when they do they bitch about that. Why don't they say what they mean: "The rich should be poor. (Except for us, we should get to keep our money because we are superior humans.)"

NYT = Liberal Scum

[Auntie Dem]

The NYT can double its stock price overnight.

Just do a reverse 2 for 1 split. Their economic geniuses will probably suggest that very thing soon.

[Son Of The Godfather]

It's hopeless with these scumbags.

The President could walk on water and the New York Slimes would headline it as "George Bush Can't Swim!"

[A. Pole]

Somehow I cannot get straight answer to my simple question:

Do you disagree that increased stratification can lead to the increased tax revenue?

[CyberAnt]

And .. of course we can't have that .. I mean there is just no reason to support anything Bush at this point because if you do - then you can't tout a "failed presidency" mantra.





I don't need a tag do I?