tag:blogger.com,1999:blog-9612609.post2914740492779181954..comments2023-09-29T06:58:20.125-07:00Comments on Badtux the Snarky Penguin: Corporate SmaugsBadTuxhttp://www.blogger.com/profile/01345749557330760251noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-9612609.post-16736036054310930102011-02-27T17:41:08.426-08:002011-02-27T17:41:08.426-08:00To expand on Durnik's point, the same is true ...To expand on Durnik's point, the same is true of any expanse or capital investment. In fact, the bigger the outlay, the bigger the write-off. So raising taxes ought to encourage these things and stimulate the economy.<br /><br />There is not a single shed of evidence that raising taxes hurts the economy - not one!<br /><br />OTOH, look at the post WW II golden age of prosperity, and contrast economic performance with that post St. Ronnie. Actually, the corner was turned during the Nixon regime.<br /><br />Yup - WASFJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-9612609.post-71857051767245085102011-02-27T12:44:20.842-08:002011-02-27T12:44:20.842-08:00Mr. 618, yeppers, the right-wingers have faith, fa...Mr. 618, yeppers, the right-wingers have faith, faith I say, that their party Commissars are the only sources of absolute truth. They thump their Little Red Book of Limbaugh quotes as if it were something other than the rabid rantings of a deranged right-wing ideologue, in much the same way that the few remaining Maoists will thump their Little Red Book of Mao quotes as if it were something other than the rabid rantings of a deranged left-wing ideologue. The only problem here is that the Maoists are basically extinct, while the Limpdickists are... err.. <i>not</i> extinct, and catapult their propaganda via every media outlet every hour of the day. <br /><br />JzB, Durnik, good catch. And yeah, Durnik... WASF.<br /><br />- Badtux the Waddling PenguinBadTuxhttps://www.blogger.com/profile/01345749557330760251noreply@blogger.comtag:blogger.com,1999:blog-9612609.post-20139466487431878122011-02-27T09:11:08.845-08:002011-02-27T09:11:08.845-08:00simply put, cooperation taxes encourage hiring as ...simply put, cooperation taxes encourage hiring as that generates tax writeoffs.. with no taxes, as you noted, cooperations sit on money..<br /><br />doesn't matter, WASF..durnikhttps://www.blogger.com/profile/17831775482692938740noreply@blogger.comtag:blogger.com,1999:blog-9612609.post-1824090981311939722011-02-27T08:26:26.933-08:002011-02-27T08:26:26.933-08:00The other part of the fallacy is that taxes are ex...The other part of the fallacy is that taxes are extracted (if at all) from profits. So they can't effect profitability, per se. Tax is an ex-post calculation. OTOH, taxes do effect cash available for dividends, and I can only say that's a good thing.<br /><br />Here it is in (not-so) pretty pictures.<br /><br /><a href="http://jazzbumpa.blogspot.com/2011/02/still-more-major-shifts-circa-1980.html" rel="nofollow">Dividends<br /></a> (No extra charge for balance of trade.)<br /><br /><a href="http://jazzbumpa.blogspot.com/search/label/taxation" rel="nofollow">Taxes<br /></a><br /><br />I hadn't occurred to me to draw correlation.<br /><br />DOH!<br />JzBJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-9612609.post-47171316213809637412011-02-27T06:27:45.928-08:002011-02-27T06:27:45.928-08:00Buh-buh-buh-but, the sainted Saint Ronnie and Lord...Buh-buh-buh-but, the sainted Saint Ronnie and LordGodKing Dick-n-George and Faux "News" and Rand Paul and Limpdick and Weepy Boner all say it's true so it HAS to be true, doesn't it?Mr. 618https://www.blogger.com/profile/09888639331798664267noreply@blogger.com