MikeDamone
Well-known poster
My effective tax rate is 36%.
Fuck off.
The dazzler still won't deal with the all important marginal tax rates. The economy can't expand without investment. As even the dazzler has reluctantly admitted that investment decision are made using the marginal tax rate. The higher the marginal tax rate, the lower the after tax cash flow which generates the after tax rate of return. Then toss in inflation. Inflation brings risk into the investment decision. The more inflation uncertainty, the more risk and the more risk requires a higher rate of return. That's why businesses are leaving California and moving to Texas. Building a new plant in Texas is cheaper and the business tax rate is substantially lower and their in no state personal income tax. When you want to punish profitable US based businesses, they have the alternative of leaving the US, and moving their investment offshore.
Anyone still think the dazzler has an MBA?
Off topic. Start your own thread, Gasbag.
Yeah, when you are demonstrating your complete lack of knowledge regarding effective rates and marginal rates, I'd say "off topic" as a deflection point.
Yet the topic is effective rates and the wildly exaggerated claims you girls make about them.
How is a 36% effective rate an exaggeration. Just because you can’t understand it, doesn’t make it false. Idiot.
I showed you a simple case where I person making $140k pays 33%. You said bullshit. I told you to show your work, which you couldn’t do. You’re a dumb fuck.
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