12-10-2016, 03:56 AM
(This post was last modified: 12-10-2016, 04:03 AM by Eric the Green.)
(12-10-2016, 01:50 AM)Warren Dew Wrote: Reagan's 1981 tax cut was an across the board cut of 23%, between 3 percentage points and 20 percentage points depending on your bracket. The social security tax rate increase was less than 1 percentage point. Only by being ignorant of basic arithmetic can one believe that Reagan increased tax rates overall.
Not overall, but he definitely does not deserve an A on lower taxes, since he raised them again somewhat. And your figures are completely bogus about social security taxes. However you figure it, it was a substantial increase for working people, while he lowered taxes on the wealthy.
Quote:China could reduce tariffs on our products, and improve intellectual property law enforcement.
Mexico could impose worker and environmental protections similar to our own to help level costs.
That would be interesting. Trump would demand environmental protections by Mexico while he utterly destroys them here in the USA. NO, that will not sell. And we have no power over Mexico's environmental laws, or worker protection laws either, which Trump wants to destroy here too.
China or Mexico reducing tariffs on our products, will do diddly shit to make companies here in the USA stop going there to replace their American workers here with their cheap labor. No, Trump definitely promised tariffs, not free trade. NAFTA is free trade; he called it the worst deal ever. He wants to impose 35% tariffs on companies that leave. That's not free trade; it's a promise for tariffs.
Trump's plan and the plans of libertarians like yourself is to make America more like Mexico. Or really, let's say it like it is-- even WORSE than Mexico. Well, that's one way to reduce immigration, I guess. That's all he cares about. Just get rid of the people coming here who are not like him, that only rate a 4 by his standards of appearances.