Message from @Komrade Kam

Discord ID: 572433712390864926


2019-04-29 14:42:53 UTC  

But your competitors

2019-04-29 14:43:00 UTC  

Do not then you lobby for everyone to have healthcare

2019-04-29 14:43:11 UTC  

You dont lose, but they lose

2019-04-29 14:43:18 UTC  

You also get good publicity as well

2019-04-29 14:43:31 UTC  

Now explaining trickle-down economics

2019-04-29 14:43:33 UTC  

It doesnt exist

2019-04-29 14:43:37 UTC  

This is a leftist term

2019-04-29 14:43:51 UTC  

Otherwise we'll call all terms of socialism communism

2019-04-29 14:43:59 UTC  

But we wont for this point

2019-04-29 14:44:15 UTC  

The proper term is called Supply-Sided Economics

2019-04-29 14:44:29 UTC  

And it's based on 4 key principles.

2019-04-29 14:44:46 UTC  

1. A man taxed at 100% will not make any tax revenue.

2019-04-29 14:44:58 UTC  

2. A man taxed at 0% will not make any tax revenue.

2019-04-29 14:45:39 UTC  

3. Time is money.

2019-04-29 14:46:15 UTC  

4. Man likes to take risks

2019-04-29 14:46:29 UTC  

Follpwing these 4 principles is how supply-sided economic is founded on

2019-04-29 14:46:38 UTC  

1 you dont want to tax too high

2019-04-29 14:46:46 UTC  

Or people will just loophole you

2019-04-29 14:47:01 UTC  

2 you dont want to tax too low or else youre not a government

2019-04-29 14:47:06 UTC  

3 time is definitely money

2019-04-29 14:47:12 UTC  

Supply-sided economics is literally a synonym though so it doesn't matter which term you use

2019-04-29 14:47:18 UTC  

Any lobbying any bureaucracy bullshit that fucks up with time

2019-04-29 14:47:24 UTC  

Is money already lost

2019-04-29 14:47:32 UTC  

And 4 man is risky

2019-04-29 14:47:37 UTC  

Because he likes it

2019-04-29 14:47:57 UTC  

Now when supply-sided economics was introduced, Reagan said these four overall.

2019-04-29 14:48:09 UTC  

Companies are taxed at 90% yet still don't pay even half of it.

2019-04-29 14:48:25 UTC  

They use shell company and charity to evade these high taxes.

2019-04-29 14:48:39 UTC  

Second he closed the loopholes made by democrats and republicans

2019-04-29 14:48:54 UTC  

Such as no tax deducing from donating to the church

2019-04-29 14:49:01 UTC  

That the church is on YOUR property

2019-04-29 14:49:18 UTC  

Third he knows time is money

2019-04-29 14:49:23 UTC  

Bureaucracy redtape BAD

2019-04-29 14:49:24 UTC  

Essentially

2019-04-29 14:49:45 UTC  

He offered to remove at least 1/3 of the red tape that federal gov regulated

2019-04-29 14:49:45 UTC  

Who is the He you’re taking about?

2019-04-29 14:49:53 UTC  

Trump?

2019-04-29 14:49:55 UTC  

And said this should be decided on the state level

2019-04-29 14:49:58 UTC  

Some bureaucracy is always necessary though

2019-04-29 14:50:00 UTC  

Reagan

2019-04-29 14:50:04 UTC  

Oh okay