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tax cut is a good start, but less military spending is better..
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Ok, after this post I'll stop ranting unless I'm provoked :winkwink:
About tax cuts being good for the economy. In certain circumstances they are. When you put more money into the private sector, its good for the economy. The reason being there is more capital available for business to invest and expand. Budget deficits are bad for the economy for the same reason. When the federal government runs a deficit, they have to borrow (float T-bills) to pay for the deficit. This takes money away from the private sector, making less capital available for business investment and expansion. So if you can cut taxes AND balance the budget, its great for the economy. If your tax cuts run up the deficit, then you're simply robbing peter to pay paul, there won't be more capital available in the private sector because what the government gives the economy in the form of tax cuts it takes away in the form of a budget deficit. The Reagan economy wasn't good because of lower tax rates. The Reagan economy grew because of the end of the oil embargo, the development of new technologies such as fuel injection, which overnight doubled the worlds oil supply, (by doubling fuel economy) dropping the price of oil considerably, and defense spending at levels that literally turned our economy into a "wartime" economy. (And left us with 5 trillion in debt) The economy grew under the Clinton administration as well, but he raised taxes. That alone is enough to make one skeptical of the idea that the economy is slow because taxes are too high. Smart governing and fiscal responsibility (NAFTA, balancing the budget) plus the lucky timing of the dot com boom helped the economy during those 8 years. Tax cuts when there's a surplus, yes that helps the economy. Tax cuts when there's already a record deficit AND we're fighting a war? Bad idea. |
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Has anyone here actually served in the government or worked on government contracts? Lemme tell you that what you will find will twist your fucking head off. If anyone ran a company the way we run our country, they would be in deeper shit than Enron. I'll agree that tax cuts are bad only in so far as our system is so fucked up that we need to keep growing revenue into it to keep it in place as it is. But if the damn thing was overhauled we could go back to running it on sales and property and some trade taxes alone. Last point that bugs me - lower income folks getting pissed when their are corporate tax breaks. What do you think happens when corps have more cash flow? They expand which means they create more jobs which means more people spend more money and more sales tax is collected. It aint brain surgery guys, come on! |
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When you make money, you begin to understand.... when you make more money, you understand more
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Mark I agree with your points on government spending and the ridiculous way the agencies and contracts are run.
I happen to be a big John McCain fan. If we could fix those issues ALL of us would pay lower taxes. |
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no thanks. |
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the government has no right to decide how much *I* should carry. that right is mine. |
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But, as I said above, beyond the idea of higher income people paying in a greater amount is the fact that higher income people also will spend more and thus keep money flowing into other people's hands. You tax people more and they work on finding ways of hiding money or stowing it away in tax free investments instead of spending it. Cuz right now if you spend $100 on something that isn't a write-off it's like you spend $138 since you have to pay taxes on that $100 too. Look at how shitty our economy is right now and how the war started and it hurt the economy... now THINK about this. How does a war effect the economy? Does it make a dollar less valuable. Do stores raise prices? NO. People get scared and stop spending money and whole it away. They don't invest in stocks, etc... So the economy gets bad and a "liberal" says we better raise taxes cuz there is less money going around... but taking more from people makes them spend less and have less for stocks and the like. So how does that make sense?! The economy is nothing more than the result of psychology. Give people more to spend or make them feel safe about what they might spend and things get kicking. |
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Would you carry more than them? And yes, the government does have that right. The government is like a group of people travelling together, who basically say: if you travel with us, you carry an amount relative to your strength. If you don't want to, fuck off and go travel with some other people. In other words: if you don't like paying those taxes, go find a country where there are less of them. Nobody is forcing you to stay. |
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You want lower taxes for the wealthy because you want more money in your pocket, hence the reason most wealthy people vote republican, its self serving. I don't like paying taxes anymore than you do. And while I'm sure I pay alot less than you do, I'm also sure I pay alot more than you think I do. When I decide who I'm going to vote for, or what policy I'm going to support, I don't just look at what's good for me, right now. I look at what's best for everyone, long term. I have parents and grandparents that I'd like to see be able to collect their social security checks without having to have their benefits cut in half or everyone's payroll tax doubled. I have a child that I don't want to leave a 10 trillion dollar debt to, just so that I can have a few extra K in the bank this year. There are dozens of reasons that I call myself a liberal, and none of those reasons have anything to do with me wanting a welfare check, or making someone else support me, or saving the whales, or any of that bullshit. |
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once the poor realize just how expensive it is to pay for all of the stupid handouts they vote for, we'll get spending under control. Quote:
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That my friend, is what liberalism is all about.:thumbsup |
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I myself have been in favor of a flat tax probably since I was 18 years old. At that age, I wasn't even making enough money to pay taxes. |
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"Maybe making no or less enemies could be an idea?"
Spoken like an ultra liberal. Its attitudes like that which let a Hitler take over europe. |
I totally agree with the points about spending. It is ridiculous.
Not just for handouts for poor people, there's also lots of handouts for corporations as well. Its the good ole boy campaign contribution network that's been going on for decades. (One of the main reasons I like McCain and his campaign finance ideas and pork report) If congress were forced to pass spending cuts at the exact same time as tax cuts, so that the budget would always balance, I think that would be a great idea. But bringing a tax cut to the table, when there's already a record deficit, plus a war, and trying to sell me on the idea that it'll pay for itself because it will make the economy grow just doesn't cut it. |
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Now if you're a liberal, you think this is legal because it was a vote and majority knows what's right. If you're a conservative you understand that stealing is stealing no matter how you try to disguise it. :321GFY |
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So wealthy people will almost always support tax cuts for the wealthy, while poor people will almost always support tax cuts and handouts for the poor. I live Louisiana, the people here voted for Bush because they wanted to pay less taxes, but they have consistently voted for two democratic senators because they promise and deliver more federal subsidies for the local sugar industry and more navy contracts for the shipyards. So they voted for less taxes and more spending. So either they're really bad at math, or it was self interest all the way in both elections. |
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The current tax bill (eliminating the tax on stock dividends) almost exclusively benefits the wealthy, and its effect on our economy is questionable at best. |
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ever hear the phase "to each his need, from each their ability" (or roughly that) That's what you're saying, thats communism 101. |
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Remember, apart from the strength you need to carry the load, you also need strength to walk. Now, imagine that what she carries leaves exactly enough strength to walk. You, on the other hand, have more than enough strength left to walk with much ease, since you have twice as much left. The child, however, won't have enough strength left to walk, since it will only have half as much strength left as the woman, half as much as is required to walk. It will be left behind and die, following your logic. |
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But even that clap trap was proceeded by the fallacy you tried to slip by about the rich not really paying more and the tax rates secretly help the rich. does being a liberal mean you don't defend you position you just keep changing it until the other side is tired of chasing you?:winkwink: |
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I don't think everyone should have the same, I think everyone should have the absolute basics to live, and after that I am all for inequalities in possessions. |
A side note if you don't think rich people pay enough taxes.
The top one percent of the US pays 37.4% of the taxes. The top one percent earns 20% of the income. The top 25% of the US pays 84% of the taxes and earns 66% of the income. Only 10 years ago, the top 1% only payed 25% of the taxes (I'd hate to see what its goign to be 10 years from now) If rich people pay any more taxes there will no longer be a motivation to succeed. Why the fuck would I want to bust my ass all day long if im just going to have to spend it all on dumb people. I think I might just go on welfare and do nothign all day. It sounds kind of nice. Greed is not a bad thing. It drives our economy. |
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What I did say was that when the lowest bracket gets a tax cut, the highest bracket also gets the exact same cut. When the highest bracket gets a cut, ONLY the highest bracket benefits. When I say I agree that the gov't spends too much, I'm referring mostly to political pork and the ridiculous way government agencies are run. No reasonable person would look at those numbers and say "that's the way it should be" I also said that I want social security to be there for my parents. The fact that the social security surplus is included in the general budget in order to make the deficit look smaller is theft writ large IMO. I liked Gore's idea of a "lock box" for social security funds. Social security IS NOT where I think the gov't spends too much money. I also said I have a child that I don't want to leave a 10 trillion dollar debt to. How does saying I think the gov't spends too much contradict that? |
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silly kid. Quote:
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ALL people in the US currently have more than the "absolute basics to live" your argument is lost. period. |
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