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Thread: U.S. Jobless Rate Unexpectedly Declines to 8.6%

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Conservative View Post
    Better check your history, Clinton lost the Congress in 1994 and much of the Clinton tax increases were repealed.
    wrong. Clinton's tax-rates stayed the same until Bush undid them.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Thunder View Post
    wrong. Clinton's tax-rates stayed the same until Bush undid them.
    Let's see if I have this right, you as a consumer believe that you keeping more of what you earn is an expense to the govt? "Your" President approved the extension of the Bush tax cuts and if you feel like you should pay the govt. more, just do it. What is stopping you?

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Conservative View Post
    Let's see if I have this right, you as a consumer believe that you keeping more of what you earn is an expense to the govt? "Your" President approved the extension of the Bush tax cuts and if you feel like you should pay the govt. more, just do it. What is stopping you?
    you said Clinton's tax-rates were undone during his term. this is untrue.

    they stayed the same till Bush undid them in 2003.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Thunder View Post
    you said Clinton's tax-rates were undone during his term. this is untrue.

    they stayed the same till Bush undid them in 2003.
    Better do some research, I said some of the Clinton taxes were reduced, not all. Those promoting business were repealed in 1997

    http://www.heritage.org/research/rep...the-1990s-boom
    Last edited by Conservative; 12-11-11 at 02:34 PM.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Conservative View Post
    Better do some research, I said some of the Clinton taxes were reduced, not all. Those promoting business were repealed in 1997
    the tax-rate on the wealthy was not repealed until 2003.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Thunder View Post
    the tax-rate on the wealthy was not repealed until 2003.
    Tax rates were cut on ALL taxpayers and were extended in the Democrat controlled lame duck Congress in December 2010. Let "your" President run on higher taxes for all taxpayers and see what happens.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Conservative View Post
    Tax rates were cut on ALL taxpayers and were extended in the Democrat controlled lame duck Congress in December 2010. Let "your" President run on higher taxes for all taxpayers and see what happens.
    why would u want to raise taxes on the middle-class? they are the ones who drive this economy.

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Thunder View Post
    why would u want to raise taxes on the middle-class? they are the ones who drive this economy.
    Why would you want to raise taxes on anyone. Still waiting for you to explain how tax cuts are an expense to the Govt?

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Conservative View Post
    Tax rates were cut on ALL taxpayers and were extended in the Democrat controlled lame duck Congress in December 2010. Let "your" President run on higher taxes for all taxpayers and see what happens.
    You cannot raise taxes with unemployment @ 8.6%; this should be intuitive. The mass layoffs that occurred between 2008 and 2009 were a result of a demand deficiency (which can be identified using sales figures). Lowering taxes any further will have little if any impact because businesses are definitely not cost constrained. If they were, we would see productivity and profits at record lows instead of record highs.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: U.S. Jobless Rate Unexpectedly Declines to 8.6%

    Quote Originally Posted by Conservative View Post

    Better check your history, Clinton lost the Congress in 1994 and much of the Clinton tax increases were repealed.
    Stop lying, Con. You've been challenged on this in the past to show even one tax Clinton imposed that was repealed and you couldn't cite even one. All you could do was post a link to an article about how some taxes were cut in 1997 -- but none of them were the taxes Clinton raised in 1993.

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