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Thread: More Democrats break with Obama on tax cuts

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    Re: More Democrats break with Obama on tax cuts

    Some times there are some really misguided and out right goofy posts.

    For those who want to punish the so-called rich answer me this. How many jobs are created by people who make less than $250,000 a year?

    I can tell you right now that number is damn few to none.

    I has been proven in the past that reducing spending and taxes creates not only more jobs but increases taxes.

    Don't believe me read about it: Tax Cuts Increase Federal Revenues | The Heritage Foundation

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    That's a rather subjective standard. Who decides what is overtax and undertaxed? What objective standard do you use?

    BTW, we are the government. Just thought you should know.
    We are "the government" in name only, and even that has become laughable.

    No government should take more than ~30% of any individuals income, regardless of how wealthy/poor you are. More than that would be abuse, in my opinion.

    America became wealthy and powerful because we had a philosophy that you sink or swim based on your own input, the more we lean towards "the government being the solution" the further we will drift from the core philosophy that made us powerful.

    This is why the republicans will always be a political force, they preach that mantra. It is also why so many people subtly don't trust the democrats (right or wrong, is what it is).
    Last edited by SingleCellOrganism; 09-17-10 at 04:25 PM.

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by SingleCellOrganism View Post
    We are "the government" in name only, and even that has become laughable.

    No government should take more than ~30% of any individuals income, regardless of how wealthy/poor you are. More than that would be abuse, in my opinion.
    We hold the power to over throw the government every election cycle. As long as that is true, we are the government and get exactly what we choose to have. Even not voting is part of that choice. We only have ourselfs to blame. We are the government.

    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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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by BCR View Post
    14 trillion dollars now, right? We can't have our cake and eat it to...we are gonna have to start forking out the dough eventually.
    Nope... Just get the Fed reserve bank to print more money, the same way they erase the deficit every year...

    ricksfolly

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Councilman View Post
    Some times there are some really misguided and out right goofy posts.

    For those who want to punish the so-called rich answer me this. How many jobs are created by people who make less than $250,000 a year?

    I can tell you right now that number is damn few to none.

    I has been proven in the past that reducing spending and taxes creates not only more jobs but increases taxes.

    Don't believe me read about it: Tax Cuts Increase Federal Revenues | The Heritage Foundation
    We have another study elsewhere that shows the opposite. So, it is not at all settled. And if you look at it historically, you can chart that taxes have had almost no effect on either jobs or the economy. These things too have been posted before on these threads.

    Also, no none has said anything about punishing anyone. Frankly, no one will suffer let alone be punished by return to the previous tax rate. The cuts did not produce jobs, as we have lost jobs with the cuts. So, there is little reason to fear a return to the previous tax rate.

    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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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    We hold the power to over throw the government every election cycle. As long as that is true, we are the government and get exactly what we choose to have. Even not voting is part of that choice. We only have ourselfs to blame. We are the government.
    Technically yes. In practice no. The system is rigged by partisanship, lobbyists and a media intent on furthering the divide.

    There are too many systems in place to stop us from actually being able to effect change for the statement "we are the government" to be true. Complacency can be blamed on the populous allowing us to get here, but ~40 years of bad law/policies have effectively removed us from the loop.

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    We hold the power to over throw the government every election cycle. As long as that is true, we are the government and get exactly what we choose to have. Even not voting is part of that choice. We only have ourselfs to blame. We are the government.
    We hold the power to spend 15 seconds in an election booth. That's it. We remember those slanderous commercials and half explained slogans and check a box. Then we cheer for "our guy" even though he goes on to do things not terribly unlike his predecessor. For the rest of the two or four years, corporations are the government. The same corporations that funded those slanderous commercials and campaign speeches across the city or nation.

    You want to change this country, lead the coup and start with economic rules and regulations. The rest will fall in line.
    Last edited by MSgt; 09-17-10 at 04:34 PM.

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    We have another study elsewhere that shows the opposite. So, it is not at all settled. And if you look at it historically, you can chart that taxes have had almost no effect on either jobs or the economy. These things too have been posted before on these threads.

    Also, no none has said anything about punishing anyone. Frankly, no one will suffer let alone be punished by return to the previous tax rate. The cuts did not produce jobs, as we have lost jobs with the cuts. So, there is little reason to fear a return to the previous tax rate.
    Revenues went up after the Reagan tax cuts.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by MSgt View Post
    We hold the power to spend 15 seconds in an election booth. That's it. We remember those slanderous commercials and half explained slogans and check a box. Then we cheer for "our guy" even though he goes on to do things not terribly unlike his predecessor. For the rest of the two or four years, corporations are the government. The same corporations that funded those slanderous commercials and campaign speeches across the city or nation.

    You want to change this country, lead the coup and start with economic rules and regulations. The rest will fall in line.
    And that's our fault. We accept this, demand little more, and get what we tollerate. And even when we get angery, we turn to stupid and not to anything resembling a better option. Again, we hold the power, but refuse to use it.

    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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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Gill View Post
    Revenues went up after the Reagan tax cuts.
    Even if true, is that the only history there is? And were they any other factors?

    Too many hold too little standard for evidence and this makes them tools for those who use a little truth to prove a large lie. you have to look at all periods of tax rates, high and low, and see what happens, and then you have to look at other factors of the time.

    BTW, there's a thread on Reagan's time in another area. You might want to look at that.

    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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