Should we abolish the cap on the payroll tax, and use it to replace income tax?
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  Should we abolish the cap on the payroll tax, and use it to replace income tax?		 « previous next »
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Yes		  
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Author Topic: Should we abolish the cap on the payroll tax, and use it to replace income tax?  (Read 2642 times)
A18
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« Reply #25 on: March 30, 2005, 05:30:50 AM »
Quote from: jfern on March 30, 2005, 01:23:58 AM
There's no way it could replace the income tax.

Wrong
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jfern
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« Reply #26 on: March 30, 2005, 06:30:34 PM »

They forgot to adjust for inflation and population growth? What a fraudulant graph.

And anyways, what's so great about the fact that some homes are worth $500 million?
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A18
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« Reply #27 on: March 30, 2005, 06:36:18 PM »
It's showing a correlation between INCOME and HOUSE VALUES. When one increases, the other increases. Thus, any measure on that graph is in the SAME nominal dollars for that year.

You don't have to adjust for inflation.

Population growth has absolutely nothing to do with it whatsoever, and is not mentioned anywhere.
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jfern
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« Reply #28 on: March 30, 2005, 06:38:54 PM »
Quote from: A18 on March 30, 2005, 06:36:18 PM
It's showing a correlation between INCOME and HOUSE VALUES. When one increases, the other increases. Thus, any measure on that graph is in the SAME nominal dollars for that year.

You don't have to adjust for inflation.

Population growth has absolutely nothing to do with it whatsoever, and is not mentioned anywhere.

For the 2nd graph, you fool.
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A18
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« Reply #29 on: March 30, 2005, 06:41:24 PM »
Also does not mention population growth, and also doesn't require adjustment for inflation as it is actually showing no relationship, which can not be distorted by inflationary impact.
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jfern
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« Reply #30 on: March 30, 2005, 06:41:58 PM »
Quote from: A18 on March 30, 2005, 06:41:24 PM
Also does not mention population growth, and also doesn't require adjustment for inflation as it is actually showing no relationship, which can not be distorted by inflationary impact.

The 2nd graph is comparing two things that shouldn't be compared.
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A18
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« Reply #31 on: March 30, 2005, 06:45:14 PM »
There is no correlation, even if you want to look at the graph for the natural inflationary trend.
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