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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Wed Nov 28, 2012 3:16 pm
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Replies: 70 Views: 1161
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Kilroy, cost of production does affect the price of a product, but it's through supply not demand. |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Wed Nov 28, 2012 3:14 pm
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Replies: 70 Views: 1161
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Well Lemmy, I don't think there's much disagreement between us anymore. I think there's an awful lot more to economic policy than taxation. True. Those guys were limited by having to stick to suggestions that all 5 of their panelists would agree with. I do not support the legalization of marijuana a... |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Wed Nov 28, 2012 12:47 pm
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Replies: 70 Views: 1161
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Of course costs are a segment of demand. How could it be otherwise? It's not really accurate to say that. By demand one usually means the demand curve which specifies how much the consumers demand the product at each possible price. But cost of production doesn't affect this but rather the supply c... |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Wed Nov 28, 2012 12:23 pm
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Replies: 70 Views: 1161
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I'm not terribly interested what Wikipedia says. Well then, let me repeat it here then, as you seem to care what I say at least, since you respond to my posts. Basically the page has two example graphs with supply and demand curves. One has a demand curve with a very shallow (downward) slope. I.e. ... |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Wed Nov 28, 2012 8:59 am
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Replies: 70 Views: 1161
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I'm not terribly interested what Wikipedia says. Well then, let me repeat it here then, as you seem to care what I say at least, since you respond to my posts. Basically the page has two example graphs with supply and demand curves. One has a demand curve with a very shallow (downward) slope. I.e. ... |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Wed Nov 28, 2012 7:24 am
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Replies: 70 Views: 1161
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Restrictions on advirtising is what has been detrimental to smoking. Not taxes. Mass awareness programs. I'm not saying awareness isn't an option, that is properly the cure. I have no faith in capitalism to maintain such a position, as perhaps they'd be economically interested in being lighter on a... |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Wed Nov 28, 2012 4:28 am
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Replies: 70 Views: 1161
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Restrictions on advirtising is what has been detrimental to smoking. Not taxes. Mass awareness programs. I'm not saying awareness isn't an option, that is properly the cure. I have no faith in capitalism to maintain such a position, as perhaps they'd be economically interested in being lighter on a... |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Wed Nov 28, 2012 4:25 am
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Replies: 70 Views: 1161
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Lemmy, obviously I didn't mean that consumers care about the cost of production. When you increase a tax on producers they could either not adjust their prices in which case they take a hit in form of having bigger portion of their profits going to taxes, or they can incorporate the increased tax to... |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Tue Nov 27, 2012 5:10 pm
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Replies: 70 Views: 1161
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Corporations are NOT people Right, they are tools of profit for their owners. Stake holders. NOT owners. Or equity holders or whatever. The precise term used matters little. What matters is that the purpose of the corporation is to produce profit for them. Taxing the corporation is essentially taxi... |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Tue Nov 27, 2012 3:57 pm
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Replies: 70 Views: 1161
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Xort Xort: andyt andyt: The insurance has a value, ie a benefit given to the employee that is currently not taxed. That seems odd, I'm fairly sure I'm taxed for non income benefits. Generally speaking you are. But employer provided health care has a special exemption in US. |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Tue Nov 27, 2012 2:44 pm
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Replies: 70 Views: 1161
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I see corporate taxes as a tax on consumption since the person who ultimately pays the tax is the purchaser of the product of the company. The whole argument seems to me to be redundant if not an actual red herring. Companies build into the price of their product the costs of doing the business, in... |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Tue Nov 27, 2012 1:46 pm
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Replies: 70 Views: 1161
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A platform advertised as a "no-brainer" is hardly an encouraging or positive attribute. "No-brainer" means that the idea is (in their opinion) obvious. To nitpick just one of the taxes it suggests; sin taxes solve nothing, and almost do the exact opposite, creating more of the p... |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Tue Nov 27, 2012 1:16 pm
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Replies: 70 Views: 1161
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Brenda Brenda: Which would result in pension plans not being profitable, people owning stock putting their money back under their mattresses etc etc. No, since the increase in dividend taxes (if done in correct amount) and removal of corporate income tax would offset each other. |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Tue Nov 27, 2012 1:12 pm
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Replies: 70 Views: 1161
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I see corporate taxes as a tax on consumption since the person who ultimately pays the tax is the purchaser of the product of the company. The whole argument seems to me to be redundant if not an actual red herring. Companies build into the price of their product the costs of doing the business, in... |
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Forum: Rants & Raves Topic: The No-Brainer Economic Platform |
Quantum_Wizard |
Posted: Tue Nov 27, 2012 12:34 pm
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Replies: 70 Views: 1161
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Corporations are NOT people Right, they are tools of profit for their owners. so no, corporate income tax is NOT a tax on the owners of the corporation. This claim does not follow from your previous statement. Unless of course, the debts, loans and bankruptcies are also the personal responsibility ... |
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