View Single Post
Old 10-24-2012, 12:16 PM  
crockett
in a van by the river
 
crockett's Avatar
 
Industry Role:
Join Date: May 2003
Posts: 76,806
Quote:
Originally Posted by Robbie View Post
Those were the years of the Internet bubble

And saying that giving your money to bureaucrats in Washington D.C. "gets money flowing back into the economy" is one of the dumbest things I've ever heard.

People spending their own money is what stimulates the economy.

What do you do for a living anyway? Are you an employee or do you actually own a business? And if so...are you in the Adult biz? Just curious where you get your ideas from.
You didn't read what he said. You didn't actually pay out that 250k in taxes.. You reinvested it back into your company to get the tax credit, instead of hiding it in some Caribbean bank or some hedge fund. This spurs growth for the economy as a whole and was one of the reasons it grew so much under Clinton.

Back then I was running a pretty large landscaping company that I started when I was still in high school. My parents owned a large commercial cleaning company as well as a temp service. I didn't pay anymore in taxes under Clinton because I'd buy a new piece of equipment or something to expand the business.

This is money that went right back into the economy. It's what everyone did.

Last edited by crockett; 10-24-2012 at 12:23 PM..
crockett is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote