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Thread: Poll: Debt ceiling deal should include cuts and tax increases

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by katsung47 View Post
    Sorry, I think I made it clear in my articles. I have to admit I am not a good teacher to explain everything to a student like you.

    ---------------

    Bush increased the national debt not only with his “Tax cut law”, but also with his two Mid-east wars. The war cost is another heavy burden to the US tax payers.
    How can tax cuts which grew govt revenue create a deficit? Interesting how people who probably don't pay any FIT believe any tax cut is an expense to the govt. i call that being brainwashed.

    As for the cost of the war, the Treasury disagrees with you and that is the only number that matters since it what we pay debt service on

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by Conservative View Post
    How can tax cuts which grew govt revenue create a deficit? Interesting how people who probably don't pay any FIT believe any tax cut is an expense to the govt. i call that being brainwashed.

    As for the cost of the war, the Treasury disagrees with you and that is the only number that matters since it what we pay debt service on

    Whatta hoot you are. First you throw in the false strawman that tax cuts raise revenue then you start pounding away on your strawman.

    Almost all economist that worked in the bush administration.including professor Greg Mankiw, chairman of bushs Council of Economic Advisers from 03 to 05 says in his book that the tax cuts didn’t increase revenues.
    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: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by treedancer View Post
    Whatta hoot you are. First you throw in the false strawman that tax cuts raise revenue then you start pounding away on your strawman.

    Almost all economist that worked in the bush administration.including professor Greg Mankiw, chairman of bushs Council of Economic Advisers from 03 to 05 says in his book that the tax cuts didn’t increase revenues.
    Do you work for the government? This is unbelievable how little you know about the govt that runs this country. The U.S. treasury says there was an increase in revenue after the Reagan and Bush FIT cuts. You calling them a liar?

    It is incredible that I have to work so hard to convince you as to the value of you keeping more of what you earn and that more take home pay isn't an expense to the govt. Really is a waste of time so hopefully you aren't a hypocrite and are sending in more than required and telling the govt. they need the money more than you and thus keep it.

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by treedancer View Post
    Whatta hoot you are. First you throw in the false strawman that tax cuts raise revenue then you start pounding away on your strawman.

    Almost all economist that worked in the bush administration.including professor Greg Mankiw, chairman of bushs Council of Economic Advisers from 03 to 05 says in his book that the tax cuts didn’t increase revenues.
    That's correct, but you realize there is a cult that thinks they do. Hell, not even President Reagan believed that, he raised taxes 11 times.


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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by treedancer View Post
    Whatta hoot you are. First you throw in the false strawman that tax cuts raise revenue then you start pounding away on your strawman.

    Almost all economist that worked in the bush administration.including professor Greg Mankiw, chairman of bushs Council of Economic Advisers from 03 to 05 says in his book that the tax cuts didn’t increase revenues.

    And Harry Reid says “Millionaire job creators are like unicorns. They’re impossible to find, and they don’t exist…"

    Just because someone says something doesnt mean it is true.

    The Kennedy, Reagan and Bush tax cuts increased revenue to the treasury. That is proven by Treasury data.

    How it works is it jump starts the economy by putting more money in peoples pockets through lower income taxation, the people that actually drive the economy. The people spend creating demand. Demand creates a greater need for workers to fulfill the demand. The economy comes slowly back to life. As it gains strength, the taxes need to rise to keep the economy from going out of control. As Reagan did by lowering the income tax then raising it a few years later.

    Where this situation got out of hand is our government began to micromanage the economy and screwed the cycle up. We need to start back from the beginning where Reagan did in 83...lower all income tax brackets to kick start this economy then when it recovers, raise the taxes.

    The tax system is not meant to be stagnant, it needs to be in a constant state of flux. Its the only way this stupid progressive tax system can be managed. Switch over to HR.25 (Fair Tax) and you can eliminate micromanagement completely.
    Know the truth and the truth will make you mad, because the truth has no agenda.

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by pbrauer View Post
    That's correct, but you realize there is a cult that thinks they do. Hell, not even President Reagan believed that, he raised taxes 11 times.
    FIT Income by year remembering that the Reagan Tax cuts weren't passed until the end of 1981 and weren't fully implemented until 1984

    Amazing, isn't it, taxes were cut and Federal Income taxes rise. What is it about liberalism that creates this kind of loyalty?

    1980 298.9
    1981 345.2
    1982 354.1
    1983 352.3
    1984 377.4
    1985 417.3
    1986 437.2
    1987 489.1
    1988 504.9
    1989 566.1

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Quote conservative

    The U.S. treasury says there was an increase in revenue after the Reagan and Bush FIT cuts.

    So in conservitiveland if we saw revenue increase after the Reagan and bush tax cuts that must mean that economist dont not know what they’re talking about eh?

    Even Arthur Laffer when ask the question, did the bush tax cuts pay for themselves answered "I don't know."
    In conservitiveland if it disagrees with the point that you’re trying to make, in whatever strawman you happen to be pounding on at the time even the “Laffer curve” sucks.
    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: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by treedancer View Post
    So in conservitiveland if we saw revenue increase after the Reagan and bush tax cuts that must mean that economist dont not know what they’re talking about eh?

    Even Arthur Laffer when ask the question, did the bush tax cuts pay for themselves answered "I don't know."
    In conservitiveland if it disagrees with the point that you’re trying to make, in whatever strawman you happen to be pounding on at the time even the “Laffer curve” sucks.
    So you are calling the Treasury Dept. which is the bank account of the U.S. a liar. We pay debt service on those lies then. You need to do your civic duty and write or call them to tell them of their lies.

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by Imnukingfutz View Post
    How it works is it jump starts the economy by putting more money in peoples pockets through lower income taxation, the people that actually drive the economy. The people spend creating demand. Demand creates a greater need for workers to fulfill the demand. The economy comes slowly back to life. As it gains strength, the taxes need to rise to keep the economy from going out of control. As Reagan did by lowering the income tax then raising it a few years later.

    Attachment 67120328


    Maybe you had better tell the CBO that there numbers suck.While you're peering at the numbers, notice how the revenue comes in during the Clinton years.Couldn't happen according to poplar conservative belief because Clinton raised taxes s eh?.

    http://www.cbo.gov/ftpdocs/85xx/doc8...3-Update07.pdf
    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: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by Conservative View Post
    So you are calling the Treasury Dept. which is the bank account of the U.S. a liar. We pay debt service on those lies then. You need to do your civic duty and write or call them to tell them of their lies.

    Then explain to me how taxes went up when Clinton raised taxes during his term. Don't give me the dotcom bubble bull****.
    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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