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Thread: More Democrats break with Obama on tax cuts

  1. #121
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by apdst View Post
    Actually, if spending were to be cut, to match the revenue income, there wouldn't be a deficit. But, that would make too much sense.
    but the dems cannot buy votes with that strategy. they cannot play class warfare or enable the handout addicts



  2. #122
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Gill View Post
    You failed to take into account one very huge thing.... proof of your allegations. I posted proof, you posted opinions.
    They are known facts. Are you seriously trying to argue that the population and therefore total revenue doesn't increase every year? Hello....anybody home.

    And do your own research on Reaganonmics. You will see that while Reagan cut taxes in half for the top 1%, he doubled taxes on the middle class.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

  3. #123
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by disneydude View Post
    They are known facts. Are you seriously trying to argue that the population and therefore total revenue doesn't increase every year? Hello....anybody home.

    And do your own research on Reaganonmics. You will see that while Reagan cut taxes in half for the top 1%, he doubled taxes on the middle class.
    good move-the middle class uses far more in government services than it pays in taxes. Maybe if the middle class had to pay for what it uses, they would put the brakes on runaway government.



  4. #124
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by TurtleDude View Post
    good move-the middle class uses far more in government services than it pays in taxes. Maybe if the middle class had to pay for what it uses, they would put the brakes on runaway government.
    What we do know....if that after Reagan, the concept of a one-parent working family was a thing of the past. It became a reality that both parents working became a necessity rather than a luxury...and yet....the Republican party wants to claim that they are the party of "family values". Puh-lease.....the GOP has done more to destroy the family unit than gay marriage ever would.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

  5. #125
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    Re: More Democrats break with Obama on tax cuts

    first orszag (who the instant he escaped the white house announced his recommendation that the bush tax cuts be extended to all americans, in times like these), then romer, now this:

    The Obama Presidency. Minute by Minute | POLITICO 44

    white house announces today summers is gone

    what do you think it all means?
    Last edited by The Prof; 09-21-10 at 11:01 PM.

  6. #126
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by disneydude View Post
    What we do know....if that after Reagan, the concept of a one-parent working family was a thing of the past. It became a reality that both parents working became a necessity rather than a luxury...and yet....the Republican party wants to claim that they are the party of "family values". Puh-lease.....the GOP has done more to destroy the family unit than gay marriage ever would.
    entitlement programs and the growth of a parasitic federal government is what caused that, Not Reagan



  7. #127
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    When would be the right time to raise taxes? There is no evidence that not raising them will help jobs. In fact, someone has a link to a study showing that it wouldn't. But not taxing will add to the debt. So, logically, based on this, what should we do? How much do we really care about the deficit?
    I could ask what evidence there is that raising taxes will help create jobs? There is plenty of evidence that not raising taxes will help jobs. You only have to look to the past. Kennedy, Reagan, Clinton, Bush all maintained and fostered prosperity by reducing taxes. What resulted was more government revenue due to more people working in the private sector and paying those reasonable taxes. Raising taxes is gauranteed to reduce private sector jobs and reduce government revenue. Government jobs are the worst way to spend our money. Government jobs are bureaucratic money pits with high costs and low performance that produce mostly red tape. The government killed the goose. They took all of the tremendous revenue generated in the past twenty years and sqaundered it. Now they want to tax us for their folly.

  8. #128
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by jambalaya View Post
    I could ask what evidence there is that raising taxes will help create jobs? There is plenty of evidence that not raising taxes will help jobs. You only have to look to the past. Kennedy, Reagan, Clinton, Bush all maintained and fostered prosperity by reducing taxes. What resulted was more government revenue due to more people working in the private sector and paying those reasonable taxes. Raising taxes is gauranteed to reduce private sector jobs and reduce government revenue. Government jobs are the worst way to spend our money. Government jobs are bureaucratic money pits with high costs and low performance that produce mostly red tape. The government killed the goose. They took all of the tremendous revenue generated in the past twenty years and sqaundered it. Now they want to tax us for their folly.
    Why would you sak that as I make no such claim. And no, there is really no evidence that cutting taxes will help jobs. Historically we can see jobs created with a high tax base and with a low tax base, and us losing jobs with a low tax base and with a low tax base. In fact, someone would be hard pressed to prove taxes play a major role of any kind in creating jobs.

    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.

  9. #129
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    Why would you sak that as I make no such claim. And no, there is really no evidence that cutting taxes will help jobs. Historically we can see jobs created with a high tax base and with a low tax base, and us losing jobs with a low tax base and with a low tax base. In fact, someone would be hard pressed to prove taxes play a major role of any kind in creating jobs.

    Ok, show it.


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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    there is really no evidence that cutting taxes will help jobs. Historically we can see jobs created with a high tax base and with a low tax base, and us losing jobs with a low tax base and with a low tax base. In fact, someone would be hard pressed to prove taxes play a major role of any kind in creating jobs.
    Recovery always begins with more people buying. That leads to more employment and more people buying...

    ricksfolly

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