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Thread: U.S.: In state of denial over taxes?

  1. #191
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by Henrin View Post
    Then of course you get in the business of telling people what to do with money and how to manage their business. Talking of a BS story.
    So we shouldn't have expectations for jobs from the tax breaks we give??? That is your argument for throwing seniors under the bus to protect tax breaks for the rich?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by Catawba View Post
    So we shouldn't have expectations for jobs from the tax breaks we give??? That is your argument for throwing seniors under the bus to protect tax breaks for the rich?
    I'm not protecting the rich and since when did I even mention seniors and a bus?

    I expect people to have the freedom to do with their money the way they see fit and the government to understand the working of business when they make expectations. This involves a bit of understanding of money and of economics, which I highly doubt many of them have.
    Last edited by Henrin; 08-02-11 at 07:35 AM.

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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by Catawba View Post
    We've had a decade of the Bush tax cuts, where are the jobs?

    You falsely assume that every rich person that gets more of a tax break greater than the median income of 90% of the country, is not going to do what they have been doing for the last decade, investing that money in other countries rather than the country that gave them the tax break to begin with.
    Under the Bush tax cuts in 2005 the rich paid more taxes then they have for 20 years.

    After the the tax cuts the annual growth rate went from under .5 to 2.5% in 2002.

    The cuts were instilled because of a minor recession and it stopped it in 2002.

    and "where are the jobs?" ... they are down the toilet in the recession that occurred around 2008 in which we are currently in and didn't recover from. And as you know... Obama's stimulus created no new jobs.
    Last edited by celticwar17; 08-02-11 at 07:37 AM.

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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by Henrin View Post
    I'm not protecting the rich and since when did I even mention seniors and a bus?
    So you are opposed to the GOP plan to cut Medicare and SS benefits and continuing the tax breaks for the rich?

    I expect people to have the freedom to do with their money the way they see fit and the government to understand the working of business when they make expectations. This involves a bit of understanding of money and of economics, which I highly doubt many of them have.
    Why should we go into debt giving tax breaks to the rich that are not producing jobs? Is freedom you speak of only for the rich?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  5. #195
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by lpast View Post
    You cant be serious...you cant differentiate between personal tax cuts and corporate....personal tax cuts go to lawyers and doctors and CEOs and accountants and any one else thats in a top tier bracket and they create NOTHING that goes right in their pocket....its a BS story...if you want to create jobs cutting taxs...then you cut tax for Companies only if they actually create jobs...then they get a tax cut...bush tax cuts personal tax cuts to the richest americans and corporations and it didnt create a job....it lined pockets
    All those instances also increases consumer spending as well dude... i only mentioned a few logical examples on why tax reduction does indeed create jobs.

  6. #196
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by celticwar17 View Post
    Under the Bush tax cuts in 2005 the rich paid more taxes then they have for 20 years.
    Because they have much more income than they have had for 20 years. However, they are paying less than they would without the tax breaks given to them.

    After the the tax cuts the annual growth rate went from under .5 to 2.5% in 2002.

    That is becuase taxes have little to do with growth of the GDP. The annual growth rate was much higher after the Clinton tax increases, so your point is moot.

    The cuts were instilled because of a minor recession and it stopped it in 2002.
    Its a strecth to even call it a recession as there we didn't have 2 consecutive quarters of negative growth.

    and "where are the jobs?" ... they are down the toilet in the recession that occurred around 2008 in which we are currently in and didn't recover from.

    Tax cuts were supposed to create jobs and increase revenues beyond the norm but they didn't. That and too much spending created $5 trillion in debt weakening the dollar and the economy which contributed to the Great Recession.

    And as you know... Obama's stimulus created no new jobs.
    If you define no new jobs as 3 million jobs.

    http://www.usatoday.com/money/econom...lus30_CV_N.htm
    Last edited by Catawba; 08-02-11 at 08:05 AM.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by Catawba View Post
    So you are opposed to the GOP plan to cut Medicare and SS benefits and continuing the tax breaks for the rich?
    I would slowly kill of the programs limiting the damage to the current people on the programs.

    Why should we go into debt giving tax breaks to the rich that are not producing jobs? Is freedom you speak of only for the rich?
    I never said that, did I.

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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by Henrin View Post
    I would slowly kill of the programs limiting the damage to the current people on the programs.
    Like most, I care about future generations just as I do my own. I prefer cutting wasteful government spending and eliminating tax breaks for the rich that are not creating jobs.
    Last edited by Catawba; 08-02-11 at 08:21 AM.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  9. #199
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by apdst View Post
    Espeically, if they're totally irrelevant to the debate.
    The cause of the Great GWSoupForBrains Depression cannot be ignored.. You learn from your mistakes unless you ignore them, then you repeat them. This depression is like a big ol' oil painting with and oversize signature across the middle of the painting.

  10. #200
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    Re: U.S.: In state of denial over taxes?

    Quote Originally Posted by Henrin View Post
    Then of course you get in the business of telling people what to do with money and how to manage their business. Talking of a BS story.
    As usual you dont have a clue what your talking about...no ones telling anyone what to do with their money...they are telling me what they do with tax cuts and thats the bs story

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