Page 9 - Dynamic Analysis News Today

Chart 2: Wealthy Taxpayers Rely Less on Wage and Salary Income Than Any Other Income Class Chart 3: Changes In Tax Rates Have Little Effect on Revenues Chart 4: Rich Pay More Following 1920s Tax Cuts Chart 5: Rich Paid More Under 1960s Kennedy Tax Cuts Chart 6: Reagan Tax Cuts Generated 31% More Tax Revenue From the Wealthy Chart 7: Higher Tax Rates, Lower Revenue Introduction One of the most important fiscal policy debates developing in this election involves the question of whether changes in...

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The talking points the left is using in its effort to block republicans from getting a bill on donald trumps desk by christmas. earlier i spoke with tax foundation president scott hives about the argument against tax reform. >> lets take these issues one by one. first, the joint tax committees report, dynamic analysis that said it is going to increase the tax reform, increase the economy by a minor amount, 0.8%, that would only get back one third of this $1.4 trillion. what do you think of that?...

Add to the federal debt, one of the talking points the left is using in its effort to block republicans from getting a bill on donald trumps desk by christmas. earlier i spoke with tax foundation president scott hives about the argument against tax reform. >> lets take these issues one by one. first, the joint tax committees report, dynamic analysis that said it is going to increase the tax reform, increase the economy by a minor amount, 0.8%, that would only get back one third of this $1.4 tril...

Work at all. there is nothing in there. >> we dont agree with the frame of the deal. what the senator said is the democratic position. if the republicans want to come to the table and work with us on tax cuts that actually really benefit middle class people and dont drive up the deficit were game to do it. weve done it before. our party has done it before. were happy to do it again. >> melissa: doubling the standard deduction. all the things in there you dont like any of that that would help wor...

And it is based on dynamic analysis. >> herman let me play devils advocate and you are a effective successful ceo and run companis and rescued them and put people to work. thats admirable. it is that you have employees that dont work right and you fire them. and you are president you dont fire congress. i wish you would. there are a list of some that need to go. since you cant fire the congress and since the burrcrats have the attitude we will be here when you came and here when you leave. how d...

Analysis and the analysis weve done is based upon dynamic analysis. >> mike: herman, let me play devils advocate, an important part of your resume, youve been a successful ceo. youve run company, rescued them and put people to work, thats admirable. but the private sector is different in that youve got employees that dont work right, youd fire them. when youre the president you dont get to fire congress though i wish you could, id give you a list of some that need to go. [applause] >> since you ...

Is the ultimate goal? >> that is the ultimate goal. but we need to provide certainty to the business community and workers to date. thats what the 999 plan. and mike, ever since i proposed that and it got conversation with workers and businesses. already thics - the skeptics are coming out. they are saying it will not produce the same amount of revenue. it is revenue neutral. this is how we designed it and secondly it is not regressive on the pool. they are trying to shoot it down. the reason th...