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Thread: SC allows Texas to use New Voter ID Law

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    Re: SC allows Texas to use New Voter ID Law

    Quote Originally Posted by Dittohead not! View Post
    Shhh.. don't tell anyone. Remember: Cut taxes, and that causes an increase in revenues. Pass it along.
    Yeah, that's helpful Ditto...The more bait the better.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: SC allows Texas to use New Voter ID Law

    Quote Originally Posted by j-mac View Post
    Yeah, that's helpful Ditto...The more bait the better.
    Thanks. I'll cut up some more for you.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: SC allows Texas to use New Voter ID Law

    Quote Originally Posted by JasperL View Post
    Here's some actual data. These are the average/year effects over the first four years. http://www.treasury.gov/resource-cen...t-6-6-2011.pdf

    ERTA 81 ____________-197.9
    TEFRA 82_____________64.8
    SS Amend 1983________15.1
    DRA 84_______________29.4
    TRA 86________________0.2
    Omnibus 1987_________21.2

    Those are the big ones. The tax cut is ERTA, all the rest were tax increases, with TEFRA undoing about one third of ERTA. TRA 86 was intended as neutral, but raised taxes in the first couple of years (while Reagan was POTUS) but then were predicted to reverse under H.W. so the net over 4 years was roughly zero. Total - 197B in tax cuts, about 130B in tax increases. All anyone remembers is the big one in 1981.

    I wouldn't bother but "Conservative" keeps saying Reagan cut taxes three years in a row. As you can see, that is not true, at all.

    BTW, I think the data are a credit to Reagan, who did sign tax increases when the tax cuts caused the deficits to balloon. He couldn't do that now. He's just claim the tax cuts had nothing to do with the deficits, it's all the fault of those dastardly democrats and their big spending....

    A lot of TRA 86 was also good, most especially eliminating the preference for capital gains.
    it is true Reagan raised taxes, however on TEFRA, Reagan raised taxes on the promise from democrats ,there would be a 1 dollar cut in spending for every 3 dollars, Reagan was lied to... the democrats never fulfilled that promise to him.

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    Re: SC allows Texas to use New Voter ID Law

    Quote Originally Posted by Removable Mind View Post
    Hold your horses, big feller...

    Look, it's been years since I've played "Spin the Reaganomics Numbers". So relax and when I take look...I'll get back. How's that?
    I won't hold my breath. Look forward to seeing the leftwing spin that ignores the Treasury data for after all what does the bank of the United States know about revenue coming in from Taxes and what does the Bureau of economic analysis know about GDP?? We all know the left has better answers and fools a lot of people. Could never understand how me keeping more of what I earn was an expense to the Federal Govt. Wonder what leftwing accountant came up with that description of tax cuts??

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    Re: SC allows Texas to use New Voter ID Law

    Quote Originally Posted by JasperL View Post
    It was ONE year of tax cuts (ERTA 81), followed by the largest tax increase in history at that point (TEFRA 82), and then another tax increase in 1983. More tax increases in 84, 85, 86 and 87. We've been through this.
    What you have shown is that you have no concept of what taxes are paid and what they are used to pay for thus you believe that tax cuts have to be paid for. Reagan's economic policy was tax cuts three years in a row all part of his economic policy passed in August 1981. Not surprising that you didn't know that. Every American that earned income during the Reagan term got a tax cut, NOT ever American paid for increases in taxes, You don't seem to understand that reality. Nor do you understand SS and Medicare at all.

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    Re: SC allows Texas to use New Voter ID Law

    JasperL;1063919927]Alright, remember the premise here. Tax cuts increase revenue, so tax increases must reduce revenue. It's the way these things have to work.
    What you don't seem to understand is economic activity and when you do have less money to spend you do create less economic activity. You don't get it and probably never will until you actually learn to think for yourself.

    I've already explained that GDP grew by roughly 33% for both Reagan and Clinton, but tax grew by only 20% under Reagan and by roughly 45% under Clinton. But that calculation uses liberal inflation adjustments that make real comparisons over time possible, but which conservatives reject because they like it simple. So let's keep it simple and ignore liberal inflation.
    Sorry but your math is screwed up as usual. Better try again, BEA.gov, will give you the GDP numbers and they doubled. Inflation adjusted is the liberal way of convincing people that they need to pay more in taxes. Not going to happen, have a good one

    Receipts in nominal figures increased 53% during the Reagan years, but 83% under Clinton. How can that be true, if tax increases reduce revenues? In fact, tax increases caused tax revenues to increase faster than tax cuts, as math predicts...
    LOL, liberals just don't get it, but liberals also never send in more than they have to thus making most liberals hypocrites

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    Re: SC allows Texas to use New Voter ID Law

    Quote Originally Posted by Jack Hays View Post
    You are reinforcing my point.
    The guy/gal just doesn't get it. He/she has no understanding of what actually happened and that every American who earned income got a tax and not all Americans got a tax increase most of which were use taxes. Told him/her that many times but it just doesn't sink in. Reagan's tax cuts were indeed three years in a row and led to the greatest economic boom in U.S. history and that simply drives liberals nuts.

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    Re: SC allows Texas to use New Voter ID Law

    Quote Originally Posted by Dittohead not! View Post
    Right. The private sector did a lot to improve revenues as well.
    Yep, and that happened because people had more spendable income and when people have more spendable income jobs were created because demand goes up. With higher demand comes more sales and thus more revenue to the Federal govt. Works all the time

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    Re: SC allows Texas to use New Voter ID Law

    Quote Originally Posted by JasperL View Post
    Here's some actual data. These are the average/year effects over the first four years. http://www.treasury.gov/resource-cen...t-6-6-2011.pdf

    ERTA 81 ____________-197.9
    TEFRA 82_____________64.8
    SS Amend 1983________15.1
    DRA 84_______________29.4
    TRA 86________________0.2
    Omnibus 1987_________21.2

    Those are the big ones. The tax cut is ERTA, all the rest were tax increases, with TEFRA undoing about one third of ERTA. TRA 86 was intended as neutral, but raised taxes in the first couple of years (while Reagan was POTUS) but then were predicted to reverse under H.W. so the net over 4 years was roughly zero. Total - 197B in tax cuts, about 130B in tax increases. All anyone remembers is the big one in 1981.

    I wouldn't bother but "Conservative" keeps saying Reagan cut taxes three years in a row. As you can see, that is not true, at all.

    BTW, I think the data are a credit to Reagan, who did sign tax increases when the tax cuts caused the deficits to balloon. He couldn't do that now. He's just claim the tax cuts had nothing to do with the deficits, it's all the fault of those dastardly democrats and their big spending....

    A lot of TRA 86 was also good, most especially eliminating the preference for capital gains.
    This is what you don't understand and tells me you weren't old enough in the 80's to understand exactly what happened thus you buy what you are told

    phased-in 23% cut in individual tax rates over 3 years
    That is the three year tax cut!!!

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    Re: SC allows Texas to use New Voter ID Law

    Quote Originally Posted by ernst barkmann View Post
    it is true Reagan raised taxes, however on TEFRA, Reagan raised taxes on the promise from democrats ,there would be a 1 dollar cut in spending for every 3 dollars, Reagan was lied to... the democrats never fulfilled that promise to him.
    And Reagan's own budgets never called for those spending cuts....

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