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Thread: GOP plan to extend tax cuts for rich adds $36 billion

  1. #831
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by Councilman View Post
    The one thing the Left never gets is the more you take away the less there is to use in a recovery and the whole dumb ass notion that you can spend you way out o debt with money you don't have for projects that don't work is crazy on it's face.
    Trickle down economics is a known failed policy. It has never worked...and yet...the Republicans keep wanting to try it.
    <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>

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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by disneydude View Post
    Trickle down economics is a known failed policy. It has never worked...and yet...the Republicans keep wanting to try it.
    and jacking up the taxes of the few so that the many keep electing irresponsible spenders is gonna flush this country down the toilet. at least trickle down economics allows winners to win

    its time to make those who want cradle to grave nanny state socialism to start paying for it rather than expecting 2% of the taxpayers to fund all of their cravings



  3. #833
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by TurtleDude View Post
    and jacking up the taxes of the few so that the many keep electing irresponsible spenders is gonna flush this country down the toilet. at least trickle down economics allows winners to win

    its time to make those who want cradle to grave nanny state socialism to start paying for it rather than expecting 2% of the taxpayers to fund all of their cravings
    And yet history has shown us that everytime a Republican gets in and promotes trickle down economics, they leave office with huge deficits....and leave the Democrats to come in and clean up their mess.
    <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>

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    warrior of the wetlands
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by disneydude View Post
    And yet history has shown us that everytime a Republican gets in and promotes trickle down economics, they leave office with huge deficits....and leave the Democrats to come in and clean up their mess.
    yeah Obama is doing a great job as did Carter

    stop the nonsense-its so patently obvious that what you are saying has no basis in fact



  5. #835
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by TurtleDude View Post
    yeah Obama is doing a great job as did Carter

    stop the nonsense-its so patently obvious that what you are saying has no basis in fact
    Carter didn't leave us with half of the deficits that Reagan did....check your history.

    As for Obama....the verdict is still out. If he doesn't do better, then he deserves criticism as well. GWB left us with a hell of a mess....I don't expect it to be turned around over night. You obviously are either oblivious to the mess that GWB left or refusing to acknowledge it. If Obama leaves as big of a mess...you can guarantee that I won't be covering for him.
    <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>

  6. #836
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by disneydude View Post
    Carter didn't leave us with half of the deficits that Reagan did....check your history.

    As for Obama....the verdict is still out. If he doesn't do better, then he deserves criticism as well. GWB left us with a hell of a mess....I don't expect it to be turned around over night. You obviously are either oblivious to the mess that GWB left or refusing to acknowledge it. If Obama leaves as big of a mess...you can guarantee that I won't be covering for him.
    lets see-Bush recklessly spent money

    so the dem solution is to spend trillions more

    sounds like a great idea

    and raising taxes only on the rich is going to create a house of cards that fails

    the rich do not have a duty to pay for all the crap that the majority of voters allowed to happen



  7. #837
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by TurtleDude View Post
    what nonsense is that--are you confusing Bill Gates with those in the 200K to 1 milliion K group. NExt year's tax will be the highest effective tax rate in US History.

    )
    Highest tax rates in history?

    Top US Marginal Income Tax Rates, 1913--2003 (TruthAndPolitics.org)
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by UtahBill View Post
    I am gone for the night but you need to learn the difference between effective rates and marginal rates

    get back to me when you figure that out



  9. #839
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by TurtleDude View Post
    I am gone for the night but you need to learn the difference between effective rates and marginal rates

    get back to me when you figure that out
    and then there is average tax rate....
    Fool.com: Tax Rates: Marginal vs. Effective [Ask the Fool] December 19, 2001

    Allowing the Bush Tax Cuts to expire is not a tax increase, it is the cessation of a tax gift to those who have the higher incomes.
    Tax cuts NOW will not generate new jobs; no matter how much you beat that dead horse, it isn't going to get up.
    What will generate jobs is more consumers, but without jobs, we have fewer consumers. Wall Street encouraged shipping jobs overseas, congress let them, the middle class is paying the price. Like you say, the poor don't pay taxes, so the middle class gets to pay for the rich getting richer.
    The business world hates uncertainty, so they are holding back. Consumers are holding back as well, except for essentials that we all need, food and shelter, etc. Rich consumers, like you and me, COULD spend more. I certainly have in the last 3 years, and will continue doing so. I will never be listed in Forbes Magazine for being one of the really rich, but I can live without that. Money is meant to be in circulation to be most effective, and life is meant to be enjoyed as well, even if it means spending money..
    Hoarding money just doesn't give me the thrill it does some people....
    Oracle of Utah
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  10. #840
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by TurtleDude View Post
    NExt year's tax will be the highest effective tax rate in US History.
    Of course it will, that's because when low wage earners are taken off the tax rolls, the effective rate will go up. That mathematics for you.


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