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Thread: CBO: Stimulus hurts economy in the long run

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Conservative View Post
    So as an employer you contribute to someone else's SS as well. You don't think cutting FICA affects the money that goes into the SS fund?
    I think cutting FICA takes some of the burden off me as an employer.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by winston53660 View Post
    I think cutting FICA takes some of the burden off me as an employer.
    Kind of selfish for a liberal as apparently you don't care about the shortage in the SS fund

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Conservative View Post
    Kind of selfish for a liberal as apparently you don't care about the shortage in the SS fund
    Fine raise FICA and take money out of my pocket as well as employees. *shrug*

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Conservative View Post
    So you think it is right to take someone else's earning and give it to another person? Not sure exactly what your solution is but one would bet it has nothing to do with free enterprise and capitalism. You certainly seem concerned about revenue going to the govt. but not at all concerned about the 3.7 trillion dollar budget. Wonder why?

    Unlike you, I’m looking for a real solution to our unemployment problem. You must have forgot the post where I showed you where some of the money will come from.

    Here is where more of it will come from, third graph titled “corp taxes as a % of corp profits”.We can make that line a little more level. I’m sure that will knock some of the deficit down, if not here is plan B….A tax on financial transactions, as put forth by Senator Tom Harkin and Representative Peter DeFazio .
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by winston53660 View Post
    Fine raise FICA and take money out of my pocket as well as employees. *shrug*
    You don't seem to understand the purpose of SS and supposedly the money you are setting aside mandated by the Govt. is to go to a retirement supplement. Seems that a business owner would have known that

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by treedancer View Post
    Unlike you, I’m looking for a real solution to our unemployment problem. You must have forgot the post where I showed you where some of the money will come from.

    Here is where more of it will come from, third graph titled “corp taxes as a % of corp profits”.We can make that line a little more level. I’m sure that will knock some of the deficit down, if not here is plan B….A tax on financial transactions, as put forth by Senator Tom Harkin and Representative Peter DeFazio .
    In a global economy why would you make the corporate taxes higher than they are now which are the highest in the world? Tax this, tax that, tax everything? That seems to be the liberal solution without consideration as to the consequences. Not once have I heard a liberal talking about cutting spending, only tax increases and redistribution of wealth.

    You didn't answer the question, do you think it is right to have the govt. take your money and give it to whomever they deem necessary? Don't you think you have the ability to make that choice yourself? When you give $100 to someone how much benefit does that generate for the individual? When you give $100 to the govt. how much of it actually gets back to the individual?

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Conservative View Post
    You don't seem to understand the purpose of SS and supposedly the money you are setting aside mandated by the Govt. is to go to a retirement supplement. Seems that a business owner would have known that
    So your argument is not about keeping more of "your" money...... But about funding SS.

    Then I say get rid of the 106k cap.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Conservative View Post
    In a global economy why would you make the corporate taxes higher than they are now which are the highest in the world?
    Another dishonest response. Our effective corporate tax rate is among the lowest in the industrialized world.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by winston53660 View Post
    So your argument is not about keeping more of "your" money...... But about funding SS.

    Then I say get rid of the 106k cap.
    As long as SS is mandatory then the money should go where it belongs, into a trust fund and not on budget. Doing that would assure proper funding.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by AdamT View Post
    Another dishonest response. Our effective corporate tax rate is among the lowest in the industrialized world.
    Again, why do you care what a corporation pays in taxes? All about revenue to the govt. with you, isn't it?

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