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Thread: So How Did the Bush Tax Cuts Work Out for the Economy?

  1. #161
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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by Conservative View Post
    Please tell me why the Federal Govt. should get anything from the risk taking and success of individuals' investments? They do that now with the excise taxes on gasoline and personal income taxes.
    Using risk as justification for lower capital gain tax is a stretch. Risk is a way of life for all, workers and rich alike, so why should the rich get special treatment.

    ricks folly

  2. #162
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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by ricksfolly View Post
    Using risk as justification for lower capital gain tax is a stretch. Risk is a way of life for all, workers and rich alike, so why should the rich get special treatment.

    ricks folly
    Risk is what built this country so tell me why the Federal Govt. should capitalism on someone else's return on investment? How many times should income be taxed?

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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by Conservative View Post
    Risk is what built this country so tell me why the Federal Govt. should capitalism on someone else's return on investment? How many times should income be taxed?
    Which is more important, risking one's security (way of life) or risking one's money?

    ricksfolly

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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by ricksfolly View Post
    Which is more important, risking one's security (way of life) or risking one's money?

    ricksfolly
    What does that have to do with accepting personal responsibility and why the govt. has a right to one's personal investment earnings?

  5. #165
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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by apdst View Post
    Let me guess: the newest excuse for the recession is Bush's tax cuts?
    What the effing eff?

    You realize the recession started long before Obama was in office, right?

    Dear God, please tell me you realize that.

    If not, then I'm done with this lunacy.

  6. #166
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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by ricksfolly View Post
    Capital gains tax should be the same rate as income tax. It's really only another form of income and should be added to all the other income on the same tax form.

    The only reason it's lower is lobbyist's pressure, blackmail or threats.

    ricksfolly
    that demonstrates a rather shocking lack of understanding about investments

    what do you think that will do to the flow of capital into us corporations?

    we get the fact that most of the posts we see that sound from this come from people who are mad that they don't have much investment income or understanding of the subject



  7. #167
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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by Conservative View Post
    Who ever mentioned zero taxation? how about reducing the size of the govt getting back to what our founders envisioned, small central govt. focused on national defense. that would take the size of the govt. down to about 1.5 trillion dollars instead of 3.8 trillion that it is now. Don't know why so many are afraid of the American people keeping more of what they earn? Explain it to me.
    I have heard that kind of thing from every president since Nixon, and they all fail open when it comes to actual implementation....could they all be lying to us? Even Reagan?
    How stupid do you have to be to get us involved in 2 wars and at the same time reduce taxes? Oh, yeah, George W. Bush stupid....and isn't it cute the way he tried to follow in his daddy's footsteps...
    Last edited by UtahBill; 10-29-10 at 01:13 AM.
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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by UtahBill View Post
    I have heard that kind of thing from every president since Nixon, and they all fail open when it comes to actual implementation....could they all be lying to us? Even Reagan?
    How stupid do you have to be to get us involved in 2 wars and at the same time reduce taxes? Oh, yeah, George W. Bush stupid....and isn't it cute the way he tried to follow in his daddy's footsteps...
    Its entitlements that cost us most of the money-entitlements that are not properly constitutional and tax cuts by Bush increased tax revenues as they grew the economy. You seem to be more interested in punishing people more industrious and prosperous than you than actually increasing government revenue which is then wasted by dems trying to buy the votes of the envious and the needy



  9. #169
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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by UtahBill View Post
    I have heard that kind of thing from every president since Nixon, and they all fail open when it comes to actual implementation....could they all be lying to us? Even Reagan?
    How stupid do you have to be to get us involved in 2 wars and at the same time reduce taxes? Oh, yeah, George W. Bush stupid....and isn't it cute the way he tried to follow in his daddy's footsteps...
    How much on a yearly basis did those wars cost us? Why is it so many people don't understand the true role of the Federal Govt? Stop repeating liberal talking points and think.

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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by TurtleDude View Post
    Its entitlements that cost us most of the money-entitlements that are not properly constitutional and tax cuts by Bush increased tax revenues as they grew the economy. You seem to be more interested in punishing people more industrious and prosperous than you than actually increasing government revenue which is then wasted by dems trying to buy the votes of the envious and the needy
    So right now, today, under those cuts, we have high tax revenues? Is that what you're saying?

    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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