Why is Rand Paul Wrong on Detroit?

I think he's right on BTW.

Rand Paul wants big tax cuts for Detroit, other distressed areas

Sen. Rand Paul (R-Ky.) announced Thursday that he will propose legislation that would cut taxes for Detroit and other areas of the country that are in dire financial straits, pitching the idea as an alternative to bureaucratic government stimulus programs.

We know how well government "stimulus" has worked out by now don't we? (maybe not everybody but you can't fix...). Why not use Detroit as a modern incentive experiment... what is there to lose in a city that obviously can't be fixed by decades of liberal ideology?

The taxes that would be reduced include the income tax, the corporate tax, payroll taxes and the capital gains tax. The bill would also lower the economic threshold for immigrants who want to start businesses in these areas to $50,000.

The legislation would apply to all areas of the country with an unemployment rate that is at least 50 percent greater than the national average. As Paul noted, it would include urban areas such as Detroit as well as rural areas like those in the eastern part of his home state, Kentucky. Economically distressed Zip codes in otherwise stable areas would also benefit.

We've seen the evacuation of businesses and citizens of states like CA due to rising taxes and we've seen it in our country as a whole with more businesses going overseas. What's the harm in making an aggressive change in the status quo?

http://www.washingtonpost.com/blogs/pos ... sed-areas/

Interesting idea. West Berlin to encourage people to live there during the Cold War freed citizens from the draft. So the city was soon populated with young males.
If you freed people from income taxes, would the rich move back to Detroit? Probably some would.

So he is suggesting progressive taxation? This is not sounding new.

It is called the wealthy bailing out or financing the wants of the poor.

Rather than asking everyone to pony up more taxes we can't afford so those folks can stay there, perhaps they could start a public information campaign to educate people about themselves. You see if people understood they are animals and not plants with roots, then they will be liberated to move across the landscape as animals have done throughout time to find resources. Perhaps if they just air that Gold Rush show on discovery, the people will see that sometimes you have to pick up and move temporarily or forever to get what you need....Pa on Little House did both.

Or we could finance everyone to maintain their archaic lifestyles for all of time, while simultaneously making them both impractical and illegal.

Sounds just like another bailout to me. You see, even Rand Paul has an easy time of spending other peoples' money. When times are bad, you move, when times are good, you remember they can be bad and you don't get too dug in to a community, esp if you have kids - you have to provide for them.

on that note wrote: So he is suggesting progressive taxation? This is not sounding new.

It is called the wealthy bailing out or financing the wants of the poor.

Rather than asking everyone to pony up more taxes we can't afford so those folks can stay there, perhaps they could start a public information campaign to educated people about themselves. You see if people understood they are animals and not plants, then they will be liberated to move across the landscape as animals have done throughout time to find resources. Perhaps if they just air that Gold Rush show on discovery, the people will see that sometimes you have to pick up and move temporarily or forever to get what you need....Pa on Little House did both.

Or we could finance everyone to maintain their archaic lifestyles for all of time, while simultaneously making them both impractical and illegal.

Not sure where you got that from... I read it REDUCING taxes drastically and eliminating the capital gains taxes to draw in more businesses. Not sure where you got the progressive part.

Most printed book except for the bible on earth is Ayn Rand's "Atlas Shrugged".....there is a reason.....read it and change or perish under the boot of Radical socialism.......watch it as it unfolds Sheeple.....

deltamrey wrote: Most printed book except for the bible on earth is Ayn Rand's "Atlas Shrugged".....there is a reason.....read it and change or perish under the boot of Radical socialism.......watch it as it unfolds Sheeple.....

Where do you get your bullcrap from...

6.5 How many copies of Atlas Shrugged have been sold?

According to a press release from the Ayn Rand Institute, over 7 million copies had been sold by the US publishers as of January 2010, with sales in 2009 along being over 500,000 copies. This presumably does not include sales from other countries, whether in English or translated. By way of comparison, these are significantly higher sales than most books ever achieve, but signifcantly less than some other modern novels, such as Gone with the Wind or The Da Vinci Code, which have sales in the multiple tens of millions.

http://www.noblesoul.com/orc/books/rand ... .html#Q6.5

First published in 1957, “Atlas Shrugged” continues to draw media attention, including a recent episode of “Stossel” on Fox Business Network dedicated to the novel. More than 7,000,000 copies of “Atlas Shrugged” have been sold since it was first published.

http://www.aynrand.org/site/News2?page= ... _ctrl=2485

And this certainly help the sales.

Over the years, Atlas Shrugged has attracted an energetic and committed fan base. Each year the Ayn Rand Institute donates 400,000 copies of works by Ayn Rand, including Atlas Shrugged, to high school students.[10]

http://en.wikipedia.org/wiki/Atlas_Shrugged

Dial down your meds. It's affecting your ability to think rationally.

Rick wrote:

on that note wrote: So he is suggesting progressive taxation? This is not sounding new.

It is called the wealthy bailing out or financing the wants of the poor.

Rather than asking everyone to pony up more taxes we can't afford so those folks can stay there, perhaps they could start a public information campaign to educated people about themselves. You see if people understood they are animals and not plants, then they will be liberated to move across the landscape as animals have done throughout time to find resources. Perhaps if they just air that Gold Rush show on discovery, the people will see that sometimes you have to pick up and move temporarily or forever to get what you need....Pa on Little House did both.

Or we could finance everyone to maintain their archaic lifestyles for all of time, while simultaneously making them both impractical and illegal.

Not sure where you got that from... I read it REDUCING taxes drastically and eliminating the capital gains taxes to draw in more businesses. Not sure where you got the progressive part.

Rick this is pretty simple. You said it yourself, reduce taxes in Detroit to draw in more businesses and give people more to spend. You would do this because this area is depressed and poor. You will have to tax other areas that are not depressed or as poor more to finance this. That is what progressive taxation is about - tax those that have more even more to help those that don't have as much. .The opposite is regressive taxation, we do that too, Social Security is a regressive tax program, stops at a certain income.

Another word for this is entrapment. We will give you a temporary break to go into a really bad place to do what we are encouraging you to do - start a business that was not already in demand.

I don't know what history you have been reading, but govts have not ever fixed economies, they can only redistribute wealth (like you suggested), this is not a lasting process, it is a temporary reward of OPM. Now history has also shown humans how to survive.....move, find what you need.... or stay and perish. The problem is that after they perish, no one hears about them. You only know the history of the ones that moved.

Detroit is simply overpopulated, taxation is not going to fix that, people moving away will and again, taxing the rich to finance the poor is progressive taxation.

OTN, good point. Why encourage people to stay and move in. Maybe it is time to tell people on benefits there that the checks will go down by 10% per year to encourage them to move where the jobs are.

This is that same as people who wined that their insurance dropped them because they got cancer, not noting that they could have moved to one of many states and bought insurance that day and not told them about your cancer. But if we ignore this stuff, we can justify more regs to fix what there are already solutions to, like the ACA.

We do have many locations on earth and in our country we can live. Should I get too dug in and expect a bailout too. I know it is hard, but it is easier than taking other peoples money to forget your problem, but not solve it, that would be immoral.

Suggesting people don't move out of Detroit is the same as suggesting people don't go to gold rushes....Silicon Valley, ND, Colof***ingrado. Two way street, even before they build it.

Traditionally when times are rough, people would relocate to where the jobs are. When I graduated college in 1987 when the job market was crap in Colorado, my friends were moving to California. But nowdays there are built in incentives to stay where you are. The 99 weeks of unemployment only works in high unemployment states. The Obamarecession has seen the least movement in search of jobs.