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flashsmith99

(21 posts)

10. If I were King, I'd impose a federal intangible property tax

Reply to WillyT (Original post)

Mon Dec 10, 2012, 08:41 PM

Dec 2012

I'd make it graduated. 0% for the first 5 million, 100% after that. Ronald Reagan was right. Trickle down economics works just fine, you just have to squeeze the sponge. Basically, the millionaires would have to use it or lose it. Don't care if they spend it on solid gold toilets. Workers have to mine the gold, smelt it, transport it, pour it into the mold, box it up, ship it and install it. Jobs,Jobs,Jobs,Jobs,Jobs

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34 replies

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Highlight:

I'll Say It Again... If I Were King (LOL !!!) I'd Tie The Top Marginal Tax Rate To The Unemployment [View all] WillyT Dec 2012 OP

Love it! peacebird Dec 2012 #1

Excellent idea. nt Old and In the Way Dec 2012 #2

Willy T for King! 99Forever Dec 2012 #3

I'd do something similar for elected officials. lightcameron Dec 2012 #4

You're not a very good negotiator ProSense Dec 2012 #5

How to save capitalism. immoderate Dec 2012 #6

That would create what we engineers call an oscillator. Speck Tater Dec 2012 #7

What if it's a one-time deal ProSense Dec 2012 #8

And This Time... If It Works... We Can Vote To Extend It... WillyT Dec 2012 #9

Why would reducing the taxes push the unemployment back up? Chemisse Dec 2012 #12

Why would increasing the taxes push the unemployment back down? Speck Tater Dec 2012 #13

Incentive. jeff47 Dec 2012 #20

Because employers would have an incentive to hire. Chemisse Dec 2012 #27

osciallators can be tuned Enrique Dec 2012 #15

Oscialltors can be tuned WHEN you understand PRECISELY the feedbacks, Speck Tater Dec 2012 #18

yes, care must be taken Enrique Dec 2012 #19

LOL !!! WillyT Dec 2012 #34

Oscillation.... sendero Dec 2012 #28

short answer: no. Longer answer: only if those employees didn't buy stuff. lumberjack_jeff Dec 2012 #31

If I were King, I'd impose a federal intangible property tax flashsmith99 Dec 2012 #10

Now THAT is a good idea. :) Chemisse Dec 2012 #11

Thats... Actually a really good idea... Ohio Joe Dec 2012 #14

Great idea! Terra Alta Dec 2012 #16

But, but . . . but they're the job creators. Job creation is totally within their hands. OrwellwasRight Dec 2012 #25

Cool idea. It would shake things up! Politicub Dec 2012 #17

60 or 70 percent? abelenkpe Dec 2012 #21

Genius idea. JaneyVee Dec 2012 #22

Willy T....I LOVE how you think!! You should be king... loudsue Dec 2012 #23

It's Good To Be The King !!! WillyT Dec 2012 #24

Why are you so much smarter than the folks we pay to kestrel91316 Dec 2012 #26

The top marginal tax rate needs to be tied to the deficit. Blanks Dec 2012 #29

I say starting at a 4% unemployment rate ... Ganja Ninja Dec 2012 #30

It sounds like an idea who's time has come.... and then we could roll out the full employment act.. midnight Dec 2012 #32

Last Kick From Me... WillyT Dec 2012 #33