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Thread: Poll: Voters Viewing Occupy Wall St. Unfavorably

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Conservative View Post
    Really? why did tax revenue go up after the Reagan tax cuts and after the Bush tax cuts were fully implemented? Why did Clinton raise taxes and still add 1.55 trillion to the debt? You see, Adam, spending is the problem, not tax revenue
    Personal income tax collections did not recover to their 2000 levels for six years after the Bush tax cuts. Tax collections went WAY up after the Clinton tax hikes. Reagan cut tax RATES but he also signed into law the two biggest tax INCREASES in postwar history, eliminating deductions.

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by AdamT View Post
    Personal income tax collections did not recover to their 2000 levels for six years after the Bush tax cuts. Tax collections went WAY up after the Clinton tax hikes. Reagan cut tax RATES but he also signed into law the two biggest tax INCREASES in postwar history, eliminating deductions.
    Like now and during a recession and a year afterwards, unemployment increased which led to a reduction in revenue. Liberals like you simply don't have a clue how to grow an economy as evidenced by the results today. Do you think a company makes a lot of money on those Thanksgiving door busters? what is the purpose of a door buster? Equate that to tax cuts, what is the purpose of tax cuts? Figure it out and get back to me.

    Little off with the math, the first installment of the Bush tax cuts, the rebate checks didn't get fully distributed until the end of fiscal year 2001. Looks like 2004 Income tax revenue exceeded 2001 revenue

    2000 2202.8
    2001 2163.7
    2002 2002.1
    2003 2047.9
    2004 2213.2
    2005 2546.8
    2006 2807.4
    2007 2951.2
    2008 2790.3
    Last edited by Conservative; 11-28-11 at 06:43 PM.

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Zyphlin View Post
    Well, as far as YOUR views of what would bring about economic justice...I don't necessarily agree, primarily because I think we disagree on what "economic justice" is. However, thanks for the clarification. In a thread talking about OWS I'm more concerned with their views on such issues and why those views may be giving them such unfavorable polling data.
    Actually, they are polling 4 times more favorable than Congress. Which of the proposed 8 demands for Congress by the one OWS working group do you disagree with?
    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: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Catawba View Post
    Actually, they are polling 4 times more favorable than Congress. Which of the proposed 8 demands for Congress by the one OWS working group do you disagree with?
    Let me know how Congressional approval affects your or my approval of your Congressional Representative. Since Congressional elections are local what purpose does it serve to have Congressional approval ratings. I cannot vote for your Representative and you cannot vote for mine so why does it matter what you think of mine?

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Conservative View Post
    I have a great memory of the 60's expecially the 250 billion dollar U.S. Federal Budget with 175 Million Americans. Today that budget is 3.7 TRILLION with 310 million people. Make sense to you?
    It hasn't made sense to me during the last 30 of cutting our revenues, at the same time we doubled wasteful spending on the military/industrial complex and started two unfunded wars.
    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: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Conservative View Post
    Like now and during a recession and a year afterwards, unemployment increased which led to a reduction in revenue. Liberals like you simply don't have a clue how to grow an economy as evidenced by the results today. Do you think a company makes a lot of money on those Thanksgiving door busters? what is the purpose of a door buster? Equate that to tax cuts, what is the purpose of tax cuts? Figure it out and get back to me.

    Little off with the math, the first installment of the Bush tax cuts, the rebate checks didn't get fully distributed until the end of fiscal year 2001. Looks like 2004 Income tax revenue exceeded 2001 revenue

    2000 2202.8
    2001 2163.7
    2002 2002.1
    2003 2047.9
    2004 2213.2
    2005 2546.8
    2006 2807.4
    2007 2951.2
    2008 2790.3
    No offense, but I'm not buying your numbers if you don't provide a source and a link. It's pretty well established that you're not very good at figuring out thsoe tables.

    Government Taxes and Revenue Chart: United States 1990-2013 - Federal State Local Data

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Catawba View Post
    It hasn't made sense to me during the last 30 of cutting our revenues, at the same time we doubled wasteful spending on the military/industrial complex and started two unfunded wars.
    That is your opinion yet what you ignore is that the growth in the military has not created the 15 trillion debt we have today. I have yet to see you explain why we need a 3.7 trillion dollar budget of which about 800 billion is the military or defense budget. Doesn't look like you know what the line items of the budget are

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Zyphlin View Post
    Nothing. If we accept your premise, The Bush Tax Cuts reduced the amount of revenue we brought in (theoritically, as its based off the ASSUMPTION economists make that everything would've functioned exactly the same in regards to the economy whether the Bush Tax Cuts existed or not). The Bush spending added to the debt by spending more than our revenues brought in.
    Bush doubled the National debt by providing tax cuts to the rich at the same time he started two unfunded wars and doubled spending on the military. We need to do the reverse to reduce our debt.

    Taking in less money does not directly cause debt. Debt is created when you spend more money than you have.
    Exactly what I just said.

    If we had taken in more revenue but still spent more money than we took in, we'd still have increased debt.
    Correct, and if we just cut spending and did not eliminate the tax cuts for the rich, we'd still have increased debt. It is going to take the opposite of what we have done over the last 30 years of trickle down economics.


    What increases or decreases debt is spending in relation to revenues, not revenues themselves. Bush definitely increased our debt, but he did it through spending more than we brought in.
    A budget has two components, revenue and expenses. If you cut revenues, without a corresponding cut in spending you have debt, which is what we have had with every Republican Administration for the last 30 years.

    The same can be said with Obama under the Bush tax rates and the Obama tax rates (you know, the ones he signed off on in December 2010)
    The tax cuts that the Republicans held unemployment benefits hostage for, that a majority of Democrats voted against, is that the tax cut you mean?
    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: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by AdamT View Post
    No offense, but I'm not buying your numbers if you don't provide a source and a link. It's pretty well established that you're not very good at figuring out thsoe tables.

    Government Taxes and Revenue Chart: United States 1990-2013 - Federal State Local Data
    I prefer the U.S. Treasury Dept. site that is the checkbook of the United States

    Current Report: Combined Statement of Receipts, Outlays, and Balances of the United States Government (Combined Statement): Publications & Guidance: Financial Management Service

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by j-mac View Post
    too bad it would no longer be America.


    j-mac
    I am curious. Why are polices that favor business (using tax dollars to benefit business) are American, but any policy that favors workers is unAmerican?

    America has had polices that effected both from the very begining.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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