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Only in America is a tax increase equated (without any further investigation) to depressing the economy, and a tax break (once again without investigation) equa

Only in America is a tax increase equated (without any further investigation) to depressing the economy, and a tax break (once again without investigation) equated with letting the peacock that is the economy fly free.

Cless 13y ago
Indeed. But I hope you're not implying I am doing that. ): Love, a liberal Canadian bent on destroying freedom, liberty, capitalism, and all things good.
fennecfoxen 13y ago
> Only in America is a tax increase equated (without any further investigation) to depressing the economy That's not strictly true. There are other countries who harbor economists possessed of half a brain and theory describing the basic principles of how quasi-rational actors behave in various situations. They just usually don't get listened to. :) Promising free lunches for everyone is much more popular and gets you elected! :D
- fivethree 13y ago
  Theory is dumb when all empirical data disagrees with it. Good thing the Austrian's figured this problem out by ignoring data. It's the true hacker's way.
  - Cless 13y ago
    You have to afford the Austrians some sympathy. They know, just know, that their economic theories are correct and just. However, they kept running into a problem: there's so much troublesome data that proves the opposite of their beliefs. One day, Ludwig von Mises discovered that the scientific method itself was flawed. So he created a new system to replace it by fiat: "praxeology." Problem solved - now science confirms everything Austrians believe. No need for data.
  - fennecfoxen 13y ago
    I'm sure you have multiple studies with mountains of data which clearly demonstrate that the economy is at its most prosperous at a marginal tax rate of 100%. Oh, man, you guys are so cute. :)
    - Cless 13y ago
      So the only possible marginal rates are 0% and 100%. Good to know.
      - fennecfoxen 13y ago
        Clearly.
    - fivethree 13y ago
      You're dumb. Please read an actual book on economics not associated with Mises or his filth.

Cless 13y ago

Indeed. But I hope you're not implying I am doing that. ): Love, a liberal Canadian bent on destroying freedom, liberty, capitalism, and all things good.

fennecfoxen 13y ago

> Only in America is a tax increase equated (without any further investigation) to depressing the economy That's not strictly true. There are other countries who harbor economists possessed of half a brain and theory describing the basic principles of how quasi-rational actors behave in various situations. They just usually don't get listened to. :) Promising free lunches for everyone is much more popular and gets you elected! :D

fivethree 13y ago
Theory is dumb when all empirical data disagrees with it. Good thing the Austrian's figured this problem out by ignoring data. It's the true hacker's way.
- Cless 13y ago
  You have to afford the Austrians some sympathy. They know, just know, that their economic theories are correct and just. However, they kept running into a problem: there's so much troublesome data that proves the opposite of their beliefs. One day, Ludwig von Mises discovered that the scientific method itself was flawed. So he created a new system to replace it by fiat: "praxeology." Problem solved - now science confirms everything Austrians believe. No need for data.
- fennecfoxen 13y ago
  I'm sure you have multiple studies with mountains of data which clearly demonstrate that the economy is at its most prosperous at a marginal tax rate of 100%. Oh, man, you guys are so cute. :)
  - Cless 13y ago
    So the only possible marginal rates are 0% and 100%. Good to know.
    - fennecfoxen 13y ago
      Clearly.
  - fivethree 13y ago
    You're dumb. Please read an actual book on economics not associated with Mises or his filth.