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Thread: Pawlenty's super-rich tax cuts

  1. #61
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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by dontworrybehappy View Post
    I'm not for anarchy at all, but I am for a lean, fit, trim gov't. Not this bloated ass shyt we have today
    Actually it does appear you are for anarchy. Paying for the military, non-military based defense like TSA, homeland security, basic levels of inspection of food so that massive epidemics don't break out, border security and disaster response is far more then your prescribed level of taxes.

    Not to mention if we went to zero, the costs of doing business in America would be prohibitively expensive. Imagine having to pay toll roads everywhere. Private security, Private firefighters. The cost of merely installing a water pipe to the private system would be horrendous. Mere infrastructure costs to get products to market would make America one of the most costly places to do business.

    People tend to forget that one of the major reasons firms do not relocate overseas is because they have to pay 100% of the infrastructure. That jacks up costs often several times over any cost savings.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Pawlenty's super-rich tax cuts

    But the choices of doing those would be mine. Not the govt.

    And I dont mind funding the military. But do I need to pay millions to study a ****ing shrimp on a treadmill?

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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by MrVicchio View Post
    Different situation Jet, different countries, your obsession with comparing apples and oranges is unhealthy.
    If you are going to run with that argument, you need to show why the comparison is flawed. Merely saying it's different and then refusing to actually show why the comparison is invalid is just a cop out. And it shows you really don't know why the comparison is invalid.

    I agree that Germany is somewhat different based on its percent of manufactured exports as a part of its total economy, but Canada is another story. You have to prove why Germany and Canada cannot be compared to the US.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by dontworrybehappy View Post
    But the choices of doing those would be mine. Not the govt.
    Doesn't change the fact that businesses would flee the US for countries that provide basic levels of infrastructure via taxation. It is far more efficient for governments to build centralized infrastructure that can serve millions by using relatively small amounts of space and can be quickly repaired and upgraded without having to go through potentially thousands of claims. Ultimately, the backbone of American Capitalism is American Socialism.

    But do I need to pay millions to study a ****ing shrimp on a treadmill?
    Not really. But do we need to spend $1 million on studying a fungus? Maybe. Depends what that fungus can do. Like generate oil. Some stuff that appears trivial isn't necessarily trivial.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by MrVicchio View Post
    We should raise taxes in stead, and see if that creates jobs and wealth this time, (where it failed every other time in history)
    You have statistical historical data showing the only major change to an economy was increased taxes? Or are you talking out of your butt? Economic data does not exist in a vacuum. You should learn this high school notion.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by PeteEU View Post
    It is not only the spending that is forcing you to borrow... but the lack of a ****ing income base.... and THAT is something Pawlenty and his cohorts dont seem to have the intellectual capacity to grasp.
    Yeah, and the reason the ****ing revenue base is low, is because there are fewer people working and paying taxes and corporations are making less money and paying less taxes. That is something the Libbos don't seem to have the intellectual capacity to grasp.

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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by randel View Post

    NEW YORK (CNNMoney) -- Hey rich folks, Tim Pawlenty wants to cut your taxes. A lot.
    Damn You Pawlenty! We want government taking more of our money!

    Under the terms of his recently revealed economic plan, Americans in the top 20% of earners would see their taxes cut by an average of $23,500, an 8.6 percentage point drop in their tax rate, according to an analysis by the nonpartisan Tax Policy Center.


    And the top 1% would get an annual average reduction of $261,000, a 14.8 percentage point drop.

    Meanwhile, Americans in the lowest 20% of income would see their taxes drop by an average of only $23, a 0.2 percentage point change in their tax rate.


    snip



    Add in Pawlenty's corporate tax plan, and all that cutting means the federal government will bring in almost $7.6 trillion less in revenue over ten years.

    For a government that already spends far more than it brings in, that spells trouble, according to Rosenberg, who said revenue would end up around 13.5% of GDP, far below historical norms.
    And the Bush Tax Cuts cost how much again?..........

    Federal Tax Revenue After The Bush Tax Cuts


    .....Pawlenty's paln would probably double revenues.....to the bewilderment of surprised and unexpected liberal economists.
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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by dontworrybehappy View Post
    Well lets see, I have 2 college degrees, one bachelors degree in finance with minors in economics and insurance and an associates in applied science, aviation.

    So yes, I'm economically challenged.
    i'd ask that college/university for my money back if i were you.

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    Re: Pawlenty's super-rich tax cuts

    Moderator's Warning:
    Pawlenty's super-rich tax cutsDon't make me turn this thread around. I'll roll it. I swear I will.

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    Re: Pawlenty's super-rich tax cuts

    Why exactly do we think that people who buy Funyuns, or buildings with their names on them know better what to do with our country's wealth than the people whose literal job it is to execute our will and spend our money in a non-stupid way? All this nonsense about a government's right to our money... It's absurd. THEY work for US. Or at least they would if stopped letting the few wealthiest in this country have all the say. This is the result of our turning control over to corporate interests. A government should exist to do our collective bidding, like protecting our borders, ensuring that no one starves or is illiterate, keeping the roads in repair, and keeping these rich men who think they're above the law in check. The fact that we do not trust our government is indicative of a failing on our part, not theirs. WE must keep them accountable and honest. And we have not. And this insanity is the result.
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