Comments by "Jacob Watson" (@jacobwatson3781) on ""It Should Be Illegal To Be as Wealthy As You!" - HEATED Tax Debate With Sam Seder" video.

  1. The problem is you think anyone is a socialist but cab explain why the best economy we had was during a time with much more regulation and taxes. You don't seem to grasp how taxation can better help growth. Why were wages able to stay with inflation with higher taxation vs wages not keeping up with inflation with lower taxes. Socialist is just a term you use when you do not know what you're talking about.
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  2. Can you explain why the greatest expansion is our economy happened during a time with high taxes and regulation? 50s and 60s, also had huge innovation during that time?
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  3. @DJ  how did your theory work in Kansas?
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  4. @John Doe  that's why your confused. You believe a certain narrative. You believe the lower the taxes are, the better the economy with do. That's where you're wrong. Why was GDP higher with a higher tax rate?
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  5.  @kylewatson5133  How do we pay for our military in your world?
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  6. @Angelo Balbi  exactly, Alan Greenspan went in front of Congress and agreed that his economic idea was wrong and and proven wrong during the 2008 crisis.
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  7. @Seek and Destroy  really, more regulations than ever before. Start with banking, you're just wrong.
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  8.  @musek5048  whose grift? The one backed up by actual data or the one by conjecture?
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  9. @Candor's Spot  being part of society has a cost.
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  10.  @trustfund82  Who is, the one with actual evidence or the one with conjecture?
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  11.  @candorsspot2775  who, the one with data or the one with conjecture?
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  12.  @candorsspot2775  Nice strawman.
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  13.  @fabianbogg9382  what part was he wrong with in this specific topic?
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  14.  @grendel1013  why did the greatest expansion of the economy under those taxes happen?
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  15.  @abnoco  50s and 60s, why did the economy work so well with those taxes?
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  16. @Mark is Living Deliberately How did the greatest expansion of the economy happen under those rates? Why was the GDP the best under those rates? Why has the economy slowed, and GDP grow smallest under lower tax rates? Why was Kansas such a failure with lower taxes?
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  17.  @MatthewsSloan  who doesn't, the one with data or the one with conjecture?
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  18.  @bdhabets3250  well, good thing you don't have to worry about that.
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  19. @rEdsnflr  explain why the greatest expansion of the economy happened with higher tax rates?
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  20.  @gyn6131  why does your theory not fall in with what actually happened during the greatest expansion of our economy?
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  21.  @1flash3571  why does your theory not fall unto with what happened during the greatest expansion of our economy ever?
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  22. @J L  Wow, good thing your theory has been proven incorrect.
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  23.  @floriderllc6862  you realize the greatest time in our economy happened under conditions you say are impossible for that to happen?
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  24. @Fabian Bogg  Wait, so you agree manufacturing and investment in manufacturing happened during that time? How did that happen?
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  25.  @fabianbogg9382  so to clarify, there was massive economic growth with higher taxes and regulation after WW2? Compaines did invest in manufacturing and innovation with higher taxes? And finally, the greatest economy we have ever had happened with much much higher taxes?
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  26. @Angelo Balbi  And how did that all happen with higher taxes? Why the investment in manufacturing, innovation, education, healthcare with higher taxes?
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  27.  @kylewatson5133  You didn't answer the question. How would we pay for the military in your world?
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  28. @Angelo Balbi  Okay, so why was the market so rich with opportunity, investment, growth, and innovation manufacturing with higher taxes and regulation? The marketplace was operating at its best under those conditions. Why?
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  29. @Fabian Bogg  No, don't try and spin. Why was the economy the best its ever been with higher taxes and regulation?
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  30.  @candorsspot2775  Alright, so you're unaware of the economic expansion in the 50s and 60s?
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  31.  @candorsspot2775  Again, you're unaware of the economic expansion in the 50s and 60s?
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  32. @Candor's Spot  The economy overall grew by 37% during the 1950s and unemployment remained low, about 4.5%. At the end of the decade, the median American family had 30% more purchasing power than at the beginning.
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  33. @Candor's Spot  before I get to the 60s just review the data from the 50s.
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  34.  @candorsspot2775  Data provided. Do you know the data from Kansas?
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  35. @Angelo Balbi Not even Milton would agree with that.
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  36. @Candor's Spot  No, taxes were higher, much much higher than now, but the economy didn't suffer. In fact, the economy was better with higher taxes and more regulation. Those are just the facts. The idea that the less taxes are equated to a better economy is just false. The idea that money won't be invested with higher taxes is false. Higher taxes actually helped the economy and helped keep wages with inflation. Those are just the facts.
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  37. @Candor's Spot  yes I agree that very very few paid 90%. Only three baseball players — Ted Williams, Joe DiMaggio and Willie Mays — got there.” Indeed, the top effective tax rate was probably somewhere between 50-60% because of a tax code full of loopholes. Now, that’s still higher than today’s top effective tax rate of around 30%
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  38. @Candor's Spot  50s not being a boom, now you're projecting. See, you have believed a lie for so long that you can't be objective. I'm sorry facts don't sit well with you, that's a you problem. The right has done a good job over the last 40 years to make this lie stick. But my factual data cuts through all that BS.
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  39. @Seek and Destroy And?
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  40. @Peter Horton  Very well put, impressive, really.
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  41.  @1flash3571  You realize taxes can fix income equity and also lift up all people?
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