"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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Last edited by TheGirlNextDoor; 12-14-10 at 07:04 AM.
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"
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.
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 10:45 PM.
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 ..