Re:Could Someone Help Me Out With This?
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Debt Deal Reached
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· Score: 1
Just curious, what is on your list that isn't some form of credit itself? Only things I can think of are when applying for a job, and renting an apartment.
I'm pretty sure he meant that the first x dollars of income would not be taxed, but income after that would be taxed at a flat rate. So in your example if you make $49,999 you would be taxed $0, if you make $50,001 you would be taxed $0.10. Not a big difference.
Now go look at the function of the stock market, and try to convince yourself that taking the money *out* of the stock market (where it provides liquidity as investment for growing businesses) and instead turning it over to consumers to buy consumer goods with it is going to help businesses thrive?
I guess I would assume that if a business has customers buying things (as you suggest the consumers would do) then that business will have a net income that they can use to reinvest in themselves (hiring staff, producing more product, R&D, etc) which will allow their business to grow. Do businesses no longer make money through selling products and services?
Every senator still needs to run for re-election every 6 years. So they still focus on what immediate money they can bring to their state, not what they can bring in 13 years down the road.
Your statistic about Byrd doesn't help your argument. Just to offset his 50 years of service and to bring the average length of service down below 13 years, it would take 6 senators serving only 1 term.
The difference is that the energy generated in a nuclear reaction comes from a net loss of mass: E = mc^2. Since there is no mass loss in a processor the input energy must equal the output energy.
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Just curious, what is on your list that isn't some form of credit itself? Only things I can think of are when applying for a job, and renting an apartment.
I'm pretty sure he meant that the first x dollars of income would not be taxed, but income after that would be taxed at a flat rate. So in your example if you make $49,999 you would be taxed $0, if you make $50,001 you would be taxed $0.10. Not a big difference.
I guess I would assume that if a business has customers buying things (as you suggest the consumers would do) then that business will have a net income that they can use to reinvest in themselves (hiring staff, producing more product, R&D, etc) which will allow their business to grow. Do businesses no longer make money through selling products and services?
Every senator still needs to run for re-election every 6 years. So they still focus on what immediate money they can bring to their state, not what they can bring in 13 years down the road. Your statistic about Byrd doesn't help your argument. Just to offset his 50 years of service and to bring the average length of service down below 13 years, it would take 6 senators serving only 1 term.
The difference is that the energy generated in a nuclear reaction comes from a net loss of mass: E = mc^2. Since there is no mass loss in a processor the input energy must equal the output energy.