America's Tax Burden To Rise

Economics just plain isn't deterministic, it just occasionally resembles it.

While I agree with Kara that economics theories are very dynamic, I think there are some physics theory that are similar to economics. Chaos theory would be extremely similar since if you yank something in it then everything seems to be moving differently and nobody has a clue on what will happen.

I'm an economist by definition (HBA with Economics major) and I will try to explain the tax problem in FFXI terms for common people. Imagine a common situation in FFXI.

Somebody asks a question of: if you only have 1 buff (on self) or debuff (on mob) when you fight X mob, what will it be? Haste (spell), Haste (Song), Dia, Bio, Slow, Paralyze...etc.

The answer of a known person would be "It's situational". Then you give them the actual situation then people will start cranking out maths, bickering about it, flame other people and call the whole thing stupid then set them all on fire until some admin locks the thread. The situation is partially solved when someone get an accurate simulation (praise the spread sheets!).

A similar thing happens with US economy. Somebody ask a much simpler question "Should we raise taxes or no raise taxes?". Of course the answer is also "It's situational" then they applies the US situation into it and crank out the numbers, bickering, shouting...etc Except there is no admin and this is on TV. To make matters worse, nobody could make an accurate simulation and all we get are statistics and charts and speculations.

The general consensus I could get some several sources would be this: US gov. has to make more money or go bankrupt (default on loans)

Ways to make more money:
A: Raise taxes
B: Cut expenditures
C: Makes economy stronger (raises tax income without raising taxes)
D: Borrow more money
E: All of the above
F: None of the above
G: Sell their golds

Lots of bets are on the E as that one seems to be the best but F also gets attention.

You do know that every time there was a tax rate increase, the economy shrunk but every time there was a tax rate decrease, the economy expanded. That has been historically proven (incoming naysayers saying the opposite because what I just said goes against their agenda...).

I love that so many on here want to badger and put down other's.

You'll probably want to clarify *what* tax rate is increased or decreased, and what you are measuring against.
Oh, and the source data for your claim.

The problem you are experiencing is called "post traumatic internet butthurt hyper sensitivity and overreaction disorder" also known as "Kingnobody Syndrome" where anything anyone says to disagree with an opinion you have made on the internet, is seen as an attack against you personally.

There are several good creams available on the market, like Preparation H, that may help temporarily with some of your symptoms. But the best advice for long term relief is to remove the source of the irritation
which in most cases is as easy as removing the power cord or battery from your internet access device.

(incoming naysayers saying the opposite because what I just said goes against their agenda...).

So we're in agreement right?

Taxes = Bad?

So we're in agreement right?

Taxes = Bad?

Taxes are necessary.

So we're in agreement right?

Taxes = Bad?

So we're in agreement right?

Taxes = Bad?

Taxes in their current form are a scam. The terms bad or good are irrelevant.

You mean as a way to subsidize big business and their profits?

You mean as a way to subsidize big business and their profits?

Something along those lines. Profits should be a reward for a good and continued business. Not to keep a too big to fail company afloat. Otherwise something is seriously wrong with the system.

Taxes are necassary.

no, not really, in the very least not in the punitive confiscatory version they exist in now. The country did quite well for itself before 1916 (when the current income tax was implemented).

The greater argument here is the call for the government to do for the people that which they cannot do for themselves. For those such things I doubt many would argue that efficient funding arms for such thing aren't acceptable. But for everything else there is little evidence that people acting in their own self interest cannot adequately (and much more efficiently) provide for themselves better than the government can.

no, not really, in the very least not in the punitive confiscatory version they exist in now. The country did quite well for itself before 1916 (when the current income tax was implemented).

The greater argument here is the call for the government to do for the people that which they cannot do for themselves. For those such things I doubt many would argue that efficient funding arms for such thing aren't acceptable. But for everything else there is little evidence that people acting in their own self interest cannot adequately (and much more efficiently) provide for themselves better than the government can.

American History (extremely short version)
Everything was fine until FDR.
then it all went down hill from there.
and now it sucks.