Really? I seem to remember lowest unemployment in decades, especially among minorities, best economy in decades, gas prices about 80c a gallon lower than today, security at the border, covid vacs in record time (No, Biden didn’t do that). I could go on, but you aren’t going to agree, so what the Hell. 2022 around the corner.
Trickle down economics has been proven over and over again to be a failure. We need to restore the middle class to be a strong economy—that includes having everyone pay their fair share in taxes. We are all tired of billionaires and huge corporations paying nothing
Again, spending trillions on wars is no problem at all, of course. I imagine Mr. R is upset we’re leaving Afghanistan too. Republicans love pouring money down ratholes.
Given that both W’s and Trump’s presidencies ended with massive job losses and recessions, I would say that the only thing we have to worry about is if another Republican becomes President,
Captain Oblivious! Hilarious!!! But maybe a little too on the nose. I’m not sure you can call him oblivious to doing the same destructive things for decades.
Ramirez is oblivious to the damage all this debt could bring us . . .very unlike a true conservative . . .we need the taxes on the wealthy to be even higher
Note the qualifier.. “may”.. We may get hit with an asteroid as well.. but the odds are we won’t. In spite of the whining.. the odds are that these “tax increases” won’t spell doom for the US either.. There are other active forces at play that will.
Let me see if I have this right. Raising taxes to bring in more revenue causes revenue to go down while cutting taxes which decreases revenue will cause revenue to go up. I think I have stepped through the Looking Glass.
I mean Trickle Down Tax Cuts for wealthy economics definitely increased global competition, grew jobs, sped up the recovery and grow federal revenue. Oh wait. It led to inflated stock market as result of corporate stock buybacks, overseas cheap labor replacing domestic jobs, stagnant economic recovery, smaller middle working class, larger government loans, and grew both our deficit and debt with massive military defense spending against small federal revenue (due to tax cuts). Enough with the BS, Ramirez.
OR, they might very well help balance the federal budget, reduce the level of income inequality and help save the planet for future generations. Just sayin’.
Actually, the exact opposite. Look at history and you’ll not only see, but might actually learn something. Stop worrying about rich people paying taxes, they’ll still be rich.
The key word here, the one that turns this from a giant lie into a “liar’s truth” is “may”. Because it allows for “won’t” which is probably the truth. IF the analyses I’ve seen are correct, then the tax increases — which are NOT “giant” and which target only the top 1% or so of citizens: Those whose income is more than $400,000 per year — will pay for programs that actually increase our global competitive edge, add (lots of) jobs and speed the recovery. Oh yeah: together the increased taxes and the cost of those programs: Revenue neutral (or even positive, if the more optimistic projections come true).
PS: This doesn’t even fully roll back Trump’s tax DECREASES.
If that’s what it actually did Republicans would be all for it. They want Democrats to fail, no matter what it does to our economy or how many people have to die. Their greatest fear is democratic success.
Check out John Darkow’s cartoon for 5-5-21 Q: “Why are you taxing the rich?” A: “That’s where the money is.” Neoliberalism has been cutting taxes, starving federal revenue, and destroying American jobs for forty years. Obviously the rich are very happy.
There’s plenty of history that contradicts these “conservative” fables. E.g., what happened to investment, commercial activity, and employment levels when Trumpsie cut a trillion or two out of the taxes paid corporations and high earners? Exactly nothing! (Except that the already-rich got even richer, which may actually have been the point.)
The marginal income tax rate during the Eisenhower years, by general consent the most prosperous in history, was 94%. Strange.
LookingGlass Premium Member almost 3 years ago
As usual — Ramirez get’s it WRONG!! AGAIN!! Ramirez must be making over 400K/yr!!
/SHEESH/
Daeder almost 3 years ago
Conservatives are so dumb they think “recession” = “global competitiveness”.
baroden Premium Member almost 3 years ago
So does taking on debt to fund tax cuts for wealthy people.
Patjade almost 3 years ago
Gee, same thing they said about the Clinton tax increases and they were wrong then, too.
Zev almost 3 years ago
What global competitiveness? We are teetering on the brink of becoming the third world country that the GQP wants us to be.
FrankErnesto almost 3 years ago
Keep harping on that one point, Michael, you don’t seem to have another.
TomStuetzer almost 3 years ago
Really? I seem to remember lowest unemployment in decades, especially among minorities, best economy in decades, gas prices about 80c a gallon lower than today, security at the border, covid vacs in record time (No, Biden didn’t do that). I could go on, but you aren’t going to agree, so what the Hell. 2022 around the corner.
suzalee almost 3 years ago
Trickle down economics has been proven over and over again to be a failure. We need to restore the middle class to be a strong economy—that includes having everyone pay their fair share in taxes. We are all tired of billionaires and huge corporations paying nothing
NeedaChuckle Premium Member almost 3 years ago
Again, spending trillions on wars is no problem at all, of course. I imagine Mr. R is upset we’re leaving Afghanistan too. Republicans love pouring money down ratholes.
DonnyTwoScoops almost 3 years ago
Given that both W’s and Trump’s presidencies ended with massive job losses and recessions, I would say that the only thing we have to worry about is if another Republican becomes President,
piper_gilbert almost 3 years ago
Anyone opposing this is protecting the rich. Don’t be fooled.
Zebrastripes almost 3 years ago
W. R. O. N. G. !
rmfrye Premium Member almost 3 years ago
Wrong again, Mikey!
Deny Crane almost 3 years ago
Captain Oblivious! Hilarious!!! But maybe a little too on the nose. I’m not sure you can call him oblivious to doing the same destructive things for decades.
guyjen2004 Premium Member almost 3 years ago
Inflation will do that. Thanks, Uncle Joe!
Otis Rufus Driftwood almost 3 years ago
As Shakespeare said, the fault lies not in the stars, but ours.
codak almost 3 years ago
Ramirez is oblivious to the damage all this debt could bring us . . .very unlike a true conservative . . .we need the taxes on the wealthy to be even higher
Alberta Oil Premium Member almost 3 years ago
Note the qualifier.. “may”.. We may get hit with an asteroid as well.. but the odds are we won’t. In spite of the whining.. the odds are that these “tax increases” won’t spell doom for the US either.. There are other active forces at play that will.
ferddo almost 3 years ago
Captain Obvious would point out that big tax breaks for the rich, and “trickle down”, have both proven not to work…
brwydave Premium Member almost 3 years ago
I was a little worried about Mike after yesterday’s toon, but he is back on message and God is in his Heaven.
William Schwaber Premium Member almost 3 years ago
I think some of the commentators missed it… Captain Oblivious not Captain Obvious…….
Radish the wordsmith almost 3 years ago
If you make less than 100K you won’t have to pay federal tax.
Amazon made 85 billion and paid no tax.
braindead Premium Member almost 3 years ago
ALL [income] tax increases are GIANT, right Ramirez?
Even those that apply ONLY to the portion of income over 400K.
And patriotic multinational corporations are barely making a profit these days, correct?
ChristopherBurns almost 3 years ago
How is that obvious, Captain?
TexTech almost 3 years ago
Let me see if I have this right. Raising taxes to bring in more revenue causes revenue to go down while cutting taxes which decreases revenue will cause revenue to go up. I think I have stepped through the Looking Glass.
ndblackirish97 almost 3 years ago
I mean Trickle Down Tax Cuts for wealthy economics definitely increased global competition, grew jobs, sped up the recovery and grow federal revenue. Oh wait. It led to inflated stock market as result of corporate stock buybacks, overseas cheap labor replacing domestic jobs, stagnant economic recovery, smaller middle working class, larger government loans, and grew both our deficit and debt with massive military defense spending against small federal revenue (due to tax cuts). Enough with the BS, Ramirez.
Graphicsdog almost 3 years ago
Ramirez is looking in the rearview mirror again, that was the last President who did those things.
apfelzra Premium Member almost 3 years ago
OR, they might very well help balance the federal budget, reduce the level of income inequality and help save the planet for future generations. Just sayin’.
rggeiger almost 3 years ago
What’s a vast economic thinker like yourself doing reading the comics?
GiantShetlandPony almost 3 years ago
Actually, the exact opposite. Look at history and you’ll not only see, but might actually learn something. Stop worrying about rich people paying taxes, they’ll still be rich.
DrDon1 almost 3 years ago
Ramirez … The Ultimate Fighter for the Ultra Rich!
Concretionist almost 3 years ago
The key word here, the one that turns this from a giant lie into a “liar’s truth” is “may”. Because it allows for “won’t” which is probably the truth. IF the analyses I’ve seen are correct, then the tax increases — which are NOT “giant” and which target only the top 1% or so of citizens: Those whose income is more than $400,000 per year — will pay for programs that actually increase our global competitive edge, add (lots of) jobs and speed the recovery. Oh yeah: together the increased taxes and the cost of those programs: Revenue neutral (or even positive, if the more optimistic projections come true).
PS: This doesn’t even fully roll back Trump’s tax DECREASES.
Radish the wordsmith almost 3 years ago
Texas Republican admits GOP ‘hates a good hunk of America’ — and cares more about ‘owning libs’ than policy
https://www.rawstory.com/republicans-hate-americans-gop-candidate/
grumpypophobart almost 3 years ago
Tax increases decrease Federal revenue? My maths must be out of whack.
calliarcale almost 3 years ago
Because we all know the best way to compete is to not invest in anything and primarily focus on squabbling among ourselves over short-term profits.
wildthing almost 3 years ago
If that’s what it actually did Republicans would be all for it. They want Democrats to fail, no matter what it does to our economy or how many people have to die. Their greatest fear is democratic success.
wildthing almost 3 years ago
Check out John Darkow’s cartoon for 5-5-21 Q: “Why are you taxing the rich?” A: “That’s where the money is.” Neoliberalism has been cutting taxes, starving federal revenue, and destroying American jobs for forty years. Obviously the rich are very happy.
AndrewSihler almost 3 years ago
Sorry, wrong again, Emily.
There’s plenty of history that contradicts these “conservative” fables. E.g., what happened to investment, commercial activity, and employment levels when Trumpsie cut a trillion or two out of the taxes paid corporations and high earners? Exactly nothing! (Except that the already-rich got even richer, which may actually have been the point.)
The marginal income tax rate during the Eisenhower years, by general consent the most prosperous in history, was 94%. Strange.
kipeticolas almost 3 years ago
?