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Topic:
When the lottery gets up to $100 million 5 times as many people play as when it's $5 million [Locked] |
paulg_68  Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
When the lottery gets up to $100 million 5 times as many people play as when it's $5 million |
This is because people are far more willing to take risks and make sacrifices when the possible rewards are ginormous compared to when they are just really big.
Libtards think we could jack up taxes to 60%, 75%, or even 90% and that it wouldn't stifle investment or entrepreneurship. They think we could put caps on how much executives and business owners could earn and it wouldn't decrease their willingness to provide leadership and direction. Libtards are in denial of the fact proven by lottery ticket sales.
The possibility of a huge score is a major motivator in the business world.
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"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1 |
Rhint  Posts: 268
Registered: 2002-9-17 20:38:54
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Date Posted:
1/1/00 12:00am
Subject:
When the lottery gets up to $100 million 5 times as many people play as when it's $5 million |
It's getting old and boring Paulg.
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Pray for alien intervention
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Azure-TheBlueOne Title: Made in Alaska
Posts: 319
Registered: 2003-2-24 19:25:37
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Date Posted:
1/1/00 12:00am
Subject:
When the lottery gets up to $100 million 5 times as many people play as when it's $5 million |
What was the corporate tax rate in the 1950s?
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"When the government scares people into thinking it must take their liberties away,
and the people let the Government do it.
They are sheep."
- Judge Andrew Napolitano
http://www.leap.cc/cms/index.php |
Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:00am
Subject:
When the lottery gets up to $100 million 5 times as many people play as when it's $5 million |
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So now Paul wants to base economic policy on the behavior of people who buy lottery tickets.
This is like a caricature of a caricature of a stupid person.
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paulg_68 Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
When the lottery gets up to $100 million 5 times as many people play as when it's $5 million |
http://lmgtfy.com/?q=What+was+the+corporate+tax+rate+in+the+1950s%3F
-----signature-----
If you wish to make an apple pie from scratch...
http://www.youtube.com/watch?v=zSgiXGELjbc
"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
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Date Posted:
1/1/00 12:00am
Subject:
When the lottery gets up to $100 million 5 times as many people play as when it's $5 million |
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Paul is right.
There has to be incentive, and the bigger the incentive the bigger the motivation to chase it.
But, you also have to prevent social decay and unrest. This is what he consistently fails to understand.
There has to be a balance. You have to let that slice of pie be big enough for the most capable to chase it, but you also have to make sure everyone has a slice of pie big enough to make sure they don't try to take someone's else's.
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Azure-TheBlueOne Title: Made in Alaska
Posts: 319
Registered: 2003-2-24 19:25:37
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Date Posted:
1/1/00 12:00am
Subject:
When the lottery gets up to $100 million 5 times as many people play as when it's $5 million |
Ok, so now that you've seen the corporate tax rate in the 1950s, did their economy look like investment and entrepreneurship was stifled?
Better or worse than now, with tax rates probably the lowest they've ever been?
-----signature-----
"When the government scares people into thinking it must take their liberties away,
and the people let the Government do it.
They are sheep."
- Judge Andrew Napolitano
http://www.leap.cc/cms/index.php |
paulg_68 Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
When the lottery gets up to $100 million 5 times as many people play as when it's $5 million |
Yukishiro1 posted:
So now Paul wants to base economic policy on the behavior of people who buy lottery tickets.
This is like a caricature of a caricature of a stupid person.
I think we should base economic policy on the real world we actually live in instead of the fantasy world libtards wish we lived in.
-----signature-----
If you wish to make an apple pie from scratch...
http://www.youtube.com/watch?v=zSgiXGELjbc
"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
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Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:00am
Subject:
When the lottery gets up to $100 million 5 times as many people play as when it's $5 million |
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I've never, ever met a rich person who wouldn't have bothered to invest their money if they were taxed 40% on it instead of 15%.
High tax rates do have a negative effect on overall economic activity but it isn't because people decide it isn't worth making a bunch of money if they're going to be taxed at X rate instead of X-Y rate.
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Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:00am
Subject:
When the lottery gets up to $100 million 5 times as many people play as when it's $5 million |
paulg_68 posted:
Yukishiro1 posted:
So now Paul wants to base economic policy on the behavior of people who buy lottery tickets.
This is like a caricature of a caricature of a stupid person.
I think we should base economic policy on the real world we actually live in instead of the fantasy world libtards wish we lived in.
Let me know how basing your economic policy around people who buy lottery tickets works out for you. Maybe I should give you a hint: people who buy lottery tickets are not smart economic actors. If they were, they wouldn't buy lottery tickets in the first place.
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