Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ

Discord ID: 687386441193357340


2020-03-11 18:37:53 UTC  

No

2020-03-11 18:37:59 UTC  

A deductive statement: Higher interest rates can reduce growth as people borrow less, this is positive.

2020-03-11 18:38:00 UTC  

Positive has to have a cause and effect

2020-03-11 18:38:18 UTC  

“The sky is blue” is not a positive statement

2020-03-11 18:38:22 UTC  

That's positive.

2020-03-11 18:38:24 UTC  

We can test that claim.

2020-03-11 18:38:27 UTC  

But it is an objective statement

2020-03-11 18:38:47 UTC  

Which is positive.

2020-03-11 18:38:54 UTC  

Like I said, it all branches under positive or normative.

2020-03-11 18:38:59 UTC  

Ok, I tire of this. I assume you either know you’re wrong and are just trying to argue to save face, or you’re just too dumb to ever understand

2020-03-11 18:39:12 UTC  

No, you’re simply wrong. Please educate yourself.

2020-03-11 18:39:48 UTC  

Let me just get the good old economic textbook

2020-03-11 18:40:05 UTC  

@Dr.Cosby Did you see my proof?

2020-03-11 18:40:25 UTC  

I told you I have no issues providing evidence, I was simply making an opinion however.

2020-03-11 18:41:15 UTC  

Please, get an economics textbook.

2020-03-11 19:46:31 UTC  

@sɪᴅɪsɴᴏᴛʜᴇʀᴇ Yeah mate, I took a look at your link dump - so, care to summarize any of the points there? I doubt you read ANY of these lol

2020-03-11 19:46:55 UTC  

Actually I have; Corporate taxes reducing investment is one of the flaws.

2020-03-11 19:47:01 UTC  

Which is obviously bad, it leads to lower wages.

2020-03-11 19:47:24 UTC  

First one concludes, "We present cross-country evidence that effective corporate tax rates have a large and significant adverse effect on corpo-rate investment and entrepreneurship"

2020-03-11 19:47:44 UTC  

So, why are tax rates too high?

2020-03-11 19:48:18 UTC  

Since I believe in a 0% Corporate tax, the evidence suggests taxing capital income is reducing investment and competition.

2020-03-11 19:48:24 UTC  

I.e "too high".

2020-03-11 19:48:30 UTC  

Oh a 0% tax, I see

2020-03-11 19:48:39 UTC  

Lol

2020-03-11 19:49:16 UTC  

Yep, it's not an unusual policy.

2020-03-11 19:49:22 UTC  

It's actually widely supported by economists

2020-03-11 19:49:40 UTC  

Corporate tax is one of the worst taxes, most distortionary.

2020-03-11 19:51:21 UTC  

Very widely supported, yeah

2020-03-11 19:51:32 UTC  

So, are you against taxes in general?

2020-03-11 19:51:38 UTC  

Taxation is theft?

2020-03-11 19:51:51 UTC  

Yes I want low taxes.

2020-03-11 19:51:51 UTC  

Or you just want corporations to have a free pass?

2020-03-11 19:52:01 UTC  

Well, but you want 0%

2020-03-11 19:52:06 UTC  

Yes, corporate.

2020-03-11 19:52:07 UTC  

So, no taxes then?

2020-03-11 19:52:10 UTC  

That's the go to for me.

2020-03-11 19:53:45 UTC  

@Dr.Cosby A 0% corporate tax doesn't mean you want to abolish the government - it just means you want to abolish the tax on capital income.

2020-03-11 19:56:34 UTC  

I don't like this tax because it reduces investment; employment and employment growth; macroeconomic growth; wages; innovation; competition; entrepreneurship; raises prices among other things.

2020-03-11 19:56:39 UTC  

It has real long-short run effects too.

2020-03-11 19:56:52 UTC  

I have evidence for all of these effects in those studies I sent too.

2020-03-11 20:59:16 UTC  

So then, do you want to replace it with other higher taxes or cut spending?