Berkeley CSUA MOTD:Entry 28119
Berkeley CSUA MOTD
 
WIKI | FAQ | Tech FAQ
http://csua.com/feed/
2025/05/25 [General] UID:1000 Activity:popular
5/25    

2003/4/14 [Politics/Domestic/President/Reagan, Politics/Domestic/California, Reference/Tax] UID:28119 Activity:nil
4/14    Mallard Fillmore (conservative policital comic) claimed
                today that when Reagan lowered taxes, revenue doubled.
                Is that true?  If so, how is that possible?
        \_ wow you actually think things in Mallard Fillmore
           are true?  mf is a piece of crap that comics page editors
           are contractually obligated to print to balance
           doonesbury. - danh
        \_ No idea if it's true but the idea is that due to lower taxes people
           and business have more money available to spend in the economy
           instead of throwing it away to the government thus making more
           taxable transactions occur.  Imagine if the tax rate was 100%.  Who
           would bother working?  If it was 0% people would keep more of what
           they earned and spend more but then we wouldn't have any government
           services.  The key is to find the right balance.  We're still
           looking.
           \_ Right, but lowering taxes while massively increasing defense
              spending (and the deficit) doesn't do any good at all.  The
              increases in interest rates that result more than offset the
              positive effects of the tax cuts.
              \_ I like to look at defense spending as wealth redistribution
                 that benefits engineers among many others.
                 \_ For one thing, that doesn't address the offsetting effect
                    of higher interest rates and huge federal debts.  For
                    another, the positive economic effects of defense spending
                    are completely overrated.  Rather than creating investment
                    for products that create further positive economic benefits
                    (for example, building a delivery truck which allows a new
                    business to make deliveries), defense spending only creates
                    products that blow things up.
                    \_ Gee, you're arguing for general effects, and I'm just
                       glad that I'm getting some pork barrel from the
                       government.  Yes, there are negative general
                       consequences, but those negative effects are paid for
                       by everyone.  So long as the benefits that I share
                       with a smaller group outweigh the negatives shared
                       with everyone, I still win.
         \_ getting your econ data from a really lame comic strip
            is not recommended.
            http://csua.org/u/d18 - danh
         \_ and even more!
            <DEAD>www.boss-tweed.com/mallard/mallardindex.html<DEAD> - danh
        \_ revenue doubling is probably fiction.  total tax revenue did
           generally increase in the years after the the reagan tax cut
           of '81.  the percentage of tax paid by the upper bracket
           increased also.  however, it's silly to talk about tax revenue
           purely in terms of the effect from tax cut.  there are a lot of
           other things happening that affect total revenue more.
2025/05/25 [General] UID:1000 Activity:popular
5/25    

You may also be interested in these entries...
2013/2/10-3/19 [Politics/Domestic/President/Bush, Uncategorized/Profanity] UID:54603 Activity:nil
2/10    I like Woz, and I like iWoz, but let me tell ya, no one worships
        him because he has the charisma of an highly functioning
        Autistic person. Meanwhile, everyone worships Jobs because
        he's better looking and does an amazing job promoting himself
        as God. I guess this is not the first time in history. Case in
        point, Caesar, Napolean, GWB, etc. Why is it that people
	...
2011/10/14-30 [Politics/Domestic/President/Reagan, Reference/Tax] UID:54197 Activity:nil
10/14   "SimCain?  Herman Cain's 9-9-9 plan resembles the tax code in SimCity"
        http://www.csua.org/u/uh9
        \_ "The Tax Reform Act of 1986: Should We Do It Again?"
           http://www.csua.org/u/uiu
           "Reagan built on their efforts and put forward a very detailed plan
           for tax reform in May 1985, based on several years of work by the
	...
2010/11/2-2011/1/13 [Politics/Domestic/California, Politics/Domestic/President/Reagan] UID:54001 Activity:nil
11/2    California Uber Alles is such a great song
        \_ Yes, and it was written about Jerry Brown. I was thinking this
           as I cast my vote for Meg Whitman. I am independent, but I
           typically vote Democrat (e.g., I voted for Boxer). However, I
           can't believe we elected this retread.
           \_ You voted for the billionaire that ran HP into the ground
	...
2010/1/20-29 [Science, Politics/Domestic/President/Reagan] UID:53645 Activity:nil
1/20    Food for thought: kids today are more responsible and less selfish
        than kids from 80s... the REAGAN era.
        http://news.cnet.com/8301-19518_3-10434969-238.html
        \_ As a parent of a kindergartener, I don't think so.
	...
2009/12/25-2010/1/19 [Politics/Domestic/California, Politics/Domestic/President/Bush] UID:53603 Activity:nil
12/24   Why San Francisco and union and government suck:
        http://globaleconomicanalysis.blogspot.com/2009/12/unions-graft-stunning-incompetence-make.html
        \_ http://www.burbed.com/2010/01/03/san-francisco-richer-and-richer-and-richer
           San Francisco to become richer and richer and richer. It's
           Disneyland for adults! YAY!!!
        \_ No doubt that there is plenty of corruption in San Francisco that
	...
2009/9/25-10/8 [Politics/Domestic/President/Reagan] UID:53402 Activity:nil
9/25    Reagan's Legacy on the UC:
        http://www.newfoundations.com/Clabaugh/CuttingEdge/Reagan.html
	...
2009/9/15-24 [Politics/Domestic/President/Reagan] UID:53369 Activity:nil
9/15    WORST PRESIDENT EVER: Ronald Reagan. The president
        of GREED.  http://www.consortiumnews.com/2009/060309.html
        \_ You and Michael Moore are in agreement.
	...
2009/8/12-9/1 [Politics/Domestic/California/Arnold, Politics/Domestic/California/Prop] UID:53268 Activity:moderate
8/12    Thanks for destroying the world's finest public University!
        http://tinyurl.com/kr92ob (The Economist)
        \_ Why not raise tuition? At private universities, students generate
           revenue. Students should not be seen as an expense. UC has
           been a tremendous bargain for most of its existence. It's time
           to raise tuition to match the perceived quality of the
	...
2009/2/25-3/3 [Politics/Domestic/President/Reagan] UID:52635 Activity:nil
2/25    Thank you Obama for pledging to reverse much of Reagan's economic
        mess. Thank you!
        http://www.cnn.com/2009/POLITICS/02/24/analysis.obama.reagan
        http://www.ireport.com/docs/DOC-219640
        \_ About time. The last 25 years have been a disaster for the middle
           class.
	...
2008/11/7-13 [Politics/Domestic/Election] UID:51881 Activity:very high
11/7    Obama's draft goes down the memory hole
        http://tinyurl.com/63mbfa (LGF)
        \_ Oh please, let me quote the GOP from when that pompous cybersec guy
           came to ask cs studentds help in 02.  "GET OVER IT."
        \_ You guys are irrelevant. No one cares what you think anymore.
           Shut up and eat your Freedom Fries.
	...
2012/11/6-12/18 [Politics/Domestic/California, Politics/Domestic/Election] UID:54524 Activity:nil
11/6    Four more years!
        \_ Yay! I look forward to 4 more years of doing absolutely nothing.
           It's a much better outcome than the alternative, which is 4 years
           of regress.
           \_ Can't argue with that.
        \_ Massachusetts went for Obama even though Mitt Romney was its
	...
2012/11/5-12/4 [Politics/Domestic/Election, Reference/Tax] UID:54521 Activity:nil
11/5    "Tax Policy Center in Spotlight for Its Romney Study":
        http://www.csua.org/u/y7m (finance.yahoo.com)
        'A small nonpartisan research center operated by professed "geeks" ...
        found, in short, that Mr. Romney could not keep all of the promises he
        had made on individual tax reform ....  It concluded that Mr. Romney's
        plan, on its face, would cut taxes for rich families and raise them
	...
2011/4/17-7/30 [Politics/Domestic/California, Reference/Tax] UID:54087 Activity:nil
4/17    http://news.yahoo.com/s/ap/us_no_taxes
        "The super rich pay a lot less taxes than they did a couple of decades
        ago, and nearly half of U.S. households pay no income taxes at all."
        And people are still complaining about taxes being too high.
        \_ yeah but only 3 out of the 5 people who aren't rich but complain
           are actually counted.
	...
2013/9/2-11/7 [Reference/Tax] UID:54736 Activity:nil
9/2     I'm young, and stupid. Does the IRS want reporting on 401K, IRA,
        Roth 401k/IRA? I am decades from retiring, and no plan to withdraw
        anything. But, I just realized that I haven't reported any of my
        retirement plans to IRS for several years, now wondering if I'm
        in big shit...
        \_ The account custodian (bank/brokerage/mutual fund) reports it to
	...
2012/3/5-26 [Reference/Tax] UID:54327 Activity:nil
3/5     My dad is retired and has no income. My income tax bracket is
        pretty high. If I open up a joint high interest CD account with
        him and the INT-1099 comes, is it possible to file it under him
        100% to take advantage of the lower tax?
        \_ IRS says the interest is allocated according to who allocated
           the assets. Do you think it will generate enough interest to
	...
2012/3/7-26 [Reference/Tax] UID:54331 Activity:nil
3/7     "Michigan woman still collecting food stamps after winning $1 million
        lottery"
        http://www.csua.org/u/vp3 (news.yahoo.com)
        `"I feel that it's OK because I mean, I have no income and I have
        bills to pay," she said. "I have two houses."'
        \_ My first reaction was pretty hostile to her, but then, I
	...
Cache (5203 bytes)
csua.org/u/d18 -> jewishworldreview.com/strips/mallard/2000/mallardarchives.asp
Bruce Tinsley Week of 04/19/04 Week of 04/12/04 Week of 04/05/04 Week of 03/29/04 Week of 03/22/04 8 Week of 03/15/04 Week of 03/08/04 10 Week of 03/01/04 11 Week of 02/30/04 12 Week of 02/23/04 13 Week of 02/16/04 14 Week of 02/09/04 15 Week of 02/02/04 16 Week of 01/26/04 17 Week of 01/19/04 18 Week of 01/12/04 19 Week of 01/05/04 20 Week of 12/29/03 21 Week of 12/22/03 22 Week of 12/15/03 23 Week of 12/07/03 24 Week of 12/01/03 25 Week of 11/24/03 26 Week of 11/17/03 27 Week of 11/10/03 28 Week of 11/03/03 29 Week of 10/27/03 30 Week of 10/20/03 31 Week of 10/13/03 32 Week of 10/06/03 33 Week of 09/29/03 34 Week of 09/22/03 35 Week of 09/15/03 36 Week of 09/08/03 37 Week of 09/01/03 38 Week of 08/25/03 39 Week of 08/04/03 40 Week of 08/04/03 41 Week of 07/28/03 42 Week of 07/21/03 43 Week of 07/14/03 44 Week of 07/07/03 45 Week of 06/30/03 46 Week of 06/23/03 47 Week of 06/16/03 48 Week of 06/09/03 49 Week of 06/02/03 50 Week of 05/27/03 51 Week of 05/19/03 52 Week of 05/12/03 53 Week of 05/05/03 54 Week of 04/28/03 55 Week of 04/21/03 56 Week of 04/14/03 57 Week of 04/07/03 58 Week of 03/31/03 59 Week of 03/24/03 60 Week of 03/17/03 61 Week of 03/10/03 62 Week of 03/03/03 63 Week of 02/10/03 64 Week of 02/17/03 65 Week of 02/10/03 66 Week of 02/03/03 67 Week of 01/27/03 68 Week of 01/21/03 69 Week of 01/13/03 70 Week of 01/06/03 71 Week of 12/30/02 72 Week of 12/23/02 73 Week of 12/16/02 74 Week of 12/09/02 75 Week of 12/02/02 76 Week of 11/25/02 77 Week of 11/18/02 78 Week of 11/11/02 79 Week of 11/04/02 80 Week of 10/28/02 81 Week of 10/21/02 82 Week of 10/14/02 83 Week of 10/07/02 84 Week of 09/30/02 85 Week of 09/23/02 86 Week of 09/16/02 87 Week of 09/09/02 88 Week of 09/02/02 89 Week of 08/26/02 90 Week of 08/19/02 91 Week of 08/12/02 92 Week of 08/05/02 93 Week of 07/29/02 94 Week of 07/22/02 95 Week of 07/15/02 96 Week of 07/08/02 97 Week of 07/01/02 98 Week of 06/24/02 99 Week of 06/10/02 100 Week of 06/10/02 101 Week of 06/03/02 102 Week of 05/27/02 103 Week of 05/20/02 104 Week of 05/13/02 105 Week of 05/06/02 106 Week of 04/29/02 107 Week of 04/22/02 108 Week of 04/15/02 109 Week of 04/08/02 110 Week of 04/01/02 111 Week of 03/25/02 112 Week of 03/18/02 113 Week of 03/11/02 114 Week of 03/04/02 115 Week of 02/25/02 116 Week of 02/18/02 117 Week of 02/11/02 118 Week of 02/04/02 119 Week of 01/28/02 120 Week of 01/21/02 121 Week of 01/14/02 122 Week of 01/07/02 123 Week of 12/31/01 124 Week of 12/24/01 125 Week of 12/17/01 126 Week of 12/10/01 127 Week of 12/03/01 128 Week of 11/19/01 129 Week of 11/12/01 130 Week of 11/05/01 131 Week of 10/29/01 132 Week of 10/22/01 133 Week of 10/15/01 134 Week of 10/08/01 135 Week of 10/01/01 136 Week of 09/24/01 137 Week of 09/20/01 138 Week of 09/10/01 139 Week of 09/03/01 140 Week of 08/27/01 141 Week of 08/20/01 142 Week of 08/13/01 143 Week of 08/06/01 144 Week of 07/30/01 145 Week of 07/23/01 146 Week of 07/16/01 147 Week of 07/09/01 148 Week of 07/02/01 149 Week of 06/25/01 150 Week of 06/18/01 151 Week of 06/11/01 152 Week of 06/04/01 153 Week of 05/29/01 154 Week of 05/21/01 155 Week of 05/14/01 156 Week of 05/07/01 157 Week of 04/30/01 158 Week of 04/23/01 159 Week of 04/16/01 160 Week of 04/10/01 161 Week of 04/02/01 162 Week of 03/26/01 163 Week of 03/12/01 164 Week of 03/12/01 165 Week of 03/05/01 166 Week of 02/26/01 167 Week of 02/19/01 168 Week of 02/12/01 169 Week of 02/07/01 170 Week of 02/05/01 171 Week of 01/18/01 172 Week of 01/15/01 173 Week of 01/08/01 174 Week of 01/02/01 175 Week of 12/26/00 176 Week of 12/18/00 177 Week of 12/11/00 178 Week of 12/04/00 179 Week of 11/27/00 180 Week of 11/20/00 181 Week of 11/13/00 182 Week of 11/06/00 183 Week of 10/30/00 184 Week of 10/23/00 185 Week of 10/09/00 186 Week of 10/02/00 187 Week of 09/25/00 188 Week of 09/18/00 189 Week of 09/11/00 190 Week of 09/02/00 191 Week of 08/28/00 192 Week of 08/21/00 193 Week of 08/14/00 194 Week of 08/07/00 195 Week of 07/31/00 196 Week of 07/24/00 197 Week of 07/17/00 198 Week of 07/10/00 199 Week of 07/03/00 200 Week of 06/26/00 201 Week of 06/19/00 202 Week of 06/12/00 203 Week of 06/05/00 204 Week of 05/29/00 205 Week of 05/22/00 206 Week of 05/15/00 207 Week of 05/08/00 208 Week of 05/01/00 209 Week of 04/24/00 210 Week of 04/17/00 211 Week of 04/10/00 212 Week of 04/03/00 213 Week of 03/27/00 214 Week of 03/20/00 215 Week of 03/13/00 216 Week of 03/06/00 217 Week of 02/28/00 218 Week of 02/22/00 219 Week of 02/14/00 220 Week of 02/07/00 221 Week of 01/31/00 222 Week of 01/24/00 223 Week of 01/17/00 224 Week of 01/10/00 225 Week of 01/03/00 226 Week of 12/27/99 227 Week of 12/20/99 228 Week of 12/13/99 229 Week of 12/06/99 230 Week of 11/29/99 231 Week of 11/22/99 232 Week of 11/15/99 233 Week of 11/08/99 234 Week of 11/01/99 235 Week of 10/25/99 236 Week of 10/18/99 237 Week of 10/11/99 238 Week of 10/04/99 239 Week of 09/27/99 240 Week of 09/20/99 241 Week of 09/06/99 242 Week of 08/30/99 243 Week of 08/23/99 244 Week of 08/16/99 245 Week of 08/02/99 246 Week of 08/09/99 247 Week of 07/26/99 248 Week of 07/19/99 249 Week of 07/12/99 250 Week of 07/06/99 251 Week of 06/28/99 252 Week of 06/21/99 253 Week of 06/14/99 254 Week of 06/07/99 References 1.