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Democrats new motto "What is mine is mine, what is your is mine". You all want others to pay the higher taxes you dont want to do it yourselves. Just be honest, you dont want higher taxes you want other people to do all the work.
I dont want anyone to pay higher taxes. I want people to keep what they make. I have faith in people not the government. America would be a lot better if we all had more faith in ourselves and not look to the government to do all the lifting.
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Your logic would make a better point if most Americans didn't carry a shitload of debt, weren't in bankruptcy and having their houses foreclosed and and have the worst saving rates in the world. So to be honest no I do not trust most Americans to know what to do with their own money.Comment
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Tax cut = more $$ floating around...
That money is then spent or invested somewhere.. seems pretty obvious?
Then your investment argument, you invest with intention of selling it one day, you don't just do it for fun... When tax rate is low obviously investments become more appealing...Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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The wealthy voted in favor of Obama, so I wouldn't exactly say that they want everyone else paying their taxes.
I don't think anyone wants to pay more in taxes. But we've decided as a society that we want our government to do things for us (roads, schools, etc). The money has to come from somewhere. We can tax the poor and middle class heavier and make things equal, but we know that would cause heavy financial burden for them. They are my customers, so I prefer that they have money to buy what I'm selling.Comment
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Your thread readI admit I didn't read your initial post because I know your posts usually consist of blah blah blah.. look at how smart I am... blah blah.. big words thrown in for extra arrogance.. blah blahCan someone explain to me how tax cuts "create jobs"?
So yeah, I just responded to the title. Guilty as charged
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The majority of tax revenues come from the rich. The plan is for that money to be used for projects that will create jobs. Putting people back to work will add more consumers to the economy who can buy products and services from the rich. This in turn will also increase investments that are held by the rich.
The idea that the stimulus is only for the poor is misconceived. The rich are hurt a lot during recessions.Comment
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I have that testyourgirls idiot on ignore, PLEASE stop quoting him.
Gee, sorry for having a vocabulary.
Yeah I'm not trying to have a discussion or an honest debate or anything, I just sit here with my unabridged dictionary and paste in words with lots of syllables to try and make myself look good.sig too bigComment
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That's just it woj, it does seem to make sense, which is why it makes for great 30 second ads and bumper stickers, until you scratch below the surface.
Then you ask questions like "how is government spending the money less stimulative than consumers spending the money"?
I'm not saying government should take all of our money and spend it, I'm just pointing out that calling government spending "waste" and calling tax cuts "stimulative" is ridiculous. At least if government spends the money with the intention of stimulating the economy, they can target the funds towards that and be more effective than a consumer who may just pay down credit card debt or buy goods at Wal-mart that were made in China.
As for investments, you pay the tax when you sell the investment, not when you buy it, so a low rate today doesn't make buying a stock or bond or business more attractive, it makes selling one of those things more attractive.sig too bigComment
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