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Author Topic:   Trickle Down Economics - Does It Work?
frako
Member (Idle past 306 days)
Posts: 2932
From: slovenija
Joined: 09-04-2010


(1)
Message 4 of 404 (659054)
04-12-2012 9:45 AM
Reply to: Message 1 by Straggler
04-12-2012 9:00 AM


What evidence is there and what does this evidence tell us?
The extreme of this was feudalism The king at the top who appointed lords who had knights who controlled the serfs who payed the taxes. Technically all except the serfs where exempt from tax and all except the serfs had good quality of life. At some points in time peasants had to pay over 75% of their income as tax. Merchants usually payed less % then the peasants.

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This message is a reply to:
 Message 1 by Straggler, posted 04-12-2012 9:00 AM Straggler has replied

Replies to this message:
 Message 13 by Straggler, posted 04-12-2012 11:34 AM frako has not replied

  
frako
Member (Idle past 306 days)
Posts: 2932
From: slovenija
Joined: 09-04-2010


Message 19 of 404 (659137)
04-12-2012 5:21 PM


We had a solution to this problem of taxing the higher up incomers, or even companies.
Investing in companies or a company investing in its self was tax deductible, now its true that this was a grate loophole to evade taxes it was still a verry good idea, but the elected idots that ran the country back then dint know how to plug the loophole correctly so they just scrapped the whole idea.
Im guessing both sides would agree to a solution in this form or are both sides just greedy??

Christianity, One woman's lie about an affair that got seriously out of hand
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