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Thread: Were the Bush Tax Cuts Good for Growth?

  1. #171
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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by TurtleDude View Post
    it worked for those not getting gouged who really have no other option.

    you libs never take into account that some people tire of being screwed over for the greater good (ie vote buying schemes by the dems)
    Guess you have nothing to contribute either.
    "We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan

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    Re: Were the Bush Tax Cuts Good for Growth?

    Moderator's Warning:
    Were the Bush Tax Cuts Good for Growth?Canned spam
    Last edited by TheGirlNextDoor; 12-14-10 at 08:04 AM.

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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by JohnWOlin View Post
    I have nothing to contribute to this riveting discussion other than I made an interesting observation that I never saw it before. When someone comes up with a damn good point as to why taxing the way we did before Regan worked, conservatives will try to redirect and ask why we need to have so many entitlement programs and won't directly answer why it does work when the evidence is given by people that have cold hard facts supported by non-partisan sources.
    What interesting observation? Tell us what the tax rates were that you want us to go back to as there have been many over the past 40 years and what was the tax policy during those times? Have you bothered to look at the budget growth over that period of time? Why focus on taxes when it is a spending problem we have, not a revenue problem? Having a 3.6 trillion dollar govt is unsustainable but that is never addressed. It is always look at the revenue side. In your own personal life where do you look first, revenue or expenses?

    I keep hearing about those great Clinton years but what I don't hear much about is the 1994 election and what happened afterwards to those taxes Clinton raised? As Paul Harvey used to say, "now for the rest of the story"

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    Re: Were the Bush Tax Cuts Good for Growth?

    The next time we the taxpayers gives a company tax breaks why don't we tie stipulations to them that they have to produce x amount of jobs for the US economy. They should have to prove to us that our tax money is being spent to increase the labor force and instead of improving their bottom line.We don't know if the companies that got tax breaks actually produced new jobs or used that money to buy more companies. Maybe even start a new plant in China or somewhere else. We just give them the money and walk away. They have number crunchers so they should have an idea of what x amount of dollars would do for them. Why should we as taxpayers subsidize they debts and we get nothing in return. All I'm trying to say if we give them tax dollars they should be responsible for producing jobs to help the economy. Period. If the primary purpose of the tax cuts is to spur growth then we should know in advance how much they expect to grow with our money.

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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by bfg2009 View Post
    The next time we the taxpayers gives a company tax breaks why don't we tie stipulations to them that they have to produce x amount of jobs for the US economy. They should have to prove to us that our tax money is being spent to increase the labor force and instead of improving their bottom line.We don't know if the companies that got tax breaks actually produced new jobs or used that money to buy more companies. Maybe even start a new plant in China or somewhere else. We just give them the money and walk away. They have number crunchers so they should have an idea of what x amount of dollars would do for them. Why should we as taxpayers subsidize they debts and we get nothing in return. All I'm trying to say if we give them tax dollars they should be responsible for producing jobs to help the economy. Period. If the primary purpose of the tax cuts is to spur growth then we should know in advance how much they expect to grow with our money.
    Nothing very hard about that: jobs tax credits. Instead of tax rate cuts, you provide credits for jobs created. The multi-nationals would not likely partake, as they already pay zero taxes. Then again, big business doesn't create jobs; small business does and they are the also the ones that pay actually pay corporate taxes.

    Obama should have used job tax credits as part of the stimulus. Instead, they had some convoluted scheme to grace some of the employer FICA.
    Last edited by upsideguy; 03-07-11 at 11:45 PM.

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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by bfg2009 View Post
    The next time we the taxpayers gives a company tax breaks why don't we tie stipulations to them that they have to produce x amount of jobs for the US economy. They should have to prove to us that our tax money is being spent to increase the labor force and instead of improving their bottom line.We don't know if the companies that got tax breaks actually produced new jobs or used that money to buy more companies. Maybe even start a new plant in China or somewhere else. We just give them the money and walk away. They have number crunchers so they should have an idea of what x amount of dollars would do for them. Why should we as taxpayers subsidize they debts and we get nothing in return. All I'm trying to say if we give them tax dollars they should be responsible for producing jobs to help the economy. Period. If the primary purpose of the tax cuts is to spur growth then we should know in advance how much they expect to grow with our money.
    I wonder what sort of conditions we can impose on those who breed like rabbits while on the dole?



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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by TurtleDude View Post
    I wonder what sort of conditions we can impose on those who breed like rabbits while on the dole?
    Or just people who breed like rabbits. I'd rather not see this country end up like China.
    Ted Cruz is the dumbest person alive.

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    Re: Were the Bush Tax Cuts Good for Growth?

    Hmm guess you folks need to go back and ask Obama about the value of tax cuts, just listen to him, he gets a big kick out of standing up in front of his adoring fans and telling you he cut taxes for 95% of the people.

    Then of course there are the tax cuts you are talking about …. you know the Bush tax cuts that were extended by liberals in the house, and liberals in the senate … signed by yet another liberal acting as president ..

    Now seeing we have had alllllll these tax cuts by this administration, combined with trillions of dollars of spending .. where are the results ???

    oppps I forgot .. this is just another liberal thread to bash Bush …..... because they need to deflect away from the fact that this inept, corrupt, ineffective, and incompetent tally wacker, couldn't run a damn ice cream stand.


    takes a deep breath ... there I feel better now ..

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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by upsideguy View Post
    Nothing very hard about that: jobs tax credits. Instead of tax rate cuts, you provide credits for jobs created. The multi-nationals would not likely partake, as they already pay zero taxes. Then again, big business doesn't create jobs; small business does and they are the also the ones that pay actually pay corporate taxes.

    Obama should have used job tax credits as part of the stimulus. Instead, they had some convoluted scheme to grace some of the employer FICA.
    If it's tax credits of tax cuts still should be based on job creation for the American people. Our leaders should not just give out either all willy nilly to pay political debts.

  10. #180
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    Re: Were the Bush Tax Cuts Good for Growth?

    No, I criticize the moron because the FEBRUARY Deficit was bigger than the 2007 deficit.

    Get real.

    Quote Originally Posted by FilmFestGuy View Post
    That's a dumb answer.

    Why didn't they cause growth when we were promised they would.

    People are criticizing Obama because the economy only grew 2% last quarter.

    You realize that under Bush the average annual growth was 2.39%, right?

    The 2000s sucked economically. The worst period ever.

    If the Bush tax cuts were "good for growth", then why didn't we grow? That's what I want an answer to. Defend them. What good did they do, especially in light of two wars which went unpaid for.

    What good did they do for the economy?
    Obama is NOT 50 feet tall, he is ONE inch deep.
    Mark Levin

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