Quote:
Originally Posted by Robbie
No, if you watched the debate. He carefully explained about 3 or 4 times that he will LOWER the tax rate and close the loopholes. So it would even out. Millionaires would not pay less or more...they will pay the same. But the effect on small businesses will be a lowering of tax rates, which will lower the cost of business, which will stimulate the economy.
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Sorry math doesnt work that way. If its neutral it does nothing. If he cuts deductions, he will have to hit the mortgage deduction.They do that, any republican wont be elected for 50 yrs. Hiring was flat under Bush and they had the lowest taxes in yrs. Lowering taxes dont make people hire, a demand for their goods and services make people hire.
There has never been a gop president in past 30 yrs that cut spending That's the bullshit they tell masses. They bitch about spending when they aren't in once they are they go hog wild. Paul Ryan, Mr. Budget voted for every unfunded bill put thru during Bush.Now he is watching the pennies. Also no one answers this if the Bush taxes cuts were so great why didnt they make them permanent? They had the presidency ,the house and the senate.
After last nights debate there is a good chance,Mitt will be president and bookmark this thread. I telling you they will spend at a level like we have never seen before. They will fuck with some middle class and poor programs but it will be spend spend.