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Thread: Were the Bush Tax Cuts Good for Growth?

  1. #251
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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by TurtleDude View Post
    actually that is one of the strategies of the left-things like affirmative action, progressive income taxes and other tools to divide people
    I thought the subject was"tax cuts don't need funding-they are not spending".
    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: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by Badmutha View Post
    Yes.....did you notice those charges are all the results of your FREE CHOICE.......

    ........well except the last one anyways. Unless your electric company sends men with guns to your door if you decide not to purchase their product.
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    I would not have to pay property taxes if I did not own property (my choice to own the propeties that I do own)
    I would not have to pay sales taxes if I bought second hand or grew/raised my own food (my choice that I do not)
    I would not have to pay income taxes if I had no legally reported income (my choice that I work)

    Life is full of choices, paying taxes is one of them
    Conservatives believe that the government is incompetent, and seek to elect people who will ensure it is

  3. #253
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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by donc View Post
    I thought the subject was"tax cuts don't need funding-they are not spending".
    they don't--glad to see you are learning



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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by Lord Tammerlain View Post
    I would not have to pay property taxes if I did not own property (my choice to own the propeties that I do own)
    I would not have to pay sales taxes if I bought second hand or grew/raised my own food (my choice that I do not)
    I would not have to pay income taxes if I had no legally reported income (my choice that I work)

    Life is full of choices, paying taxes is one of them
    not for 47 percent of America when it comes to FIT or 99% when it comes to the federal death tax



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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by UtahBill View Post
    are you off the grid? or have you found a way to post here without electricity? you have free choice, produce your own gas and electricity, just be sure you follow all the govt rules and regulations, like don't dump your waste products in your yard where it can get into the community water supply.
    There are many companies willing to produce and supply my home with electricity.......

    ........none of the companies I refused have sent men with guns to my door.....yet.
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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by FilmFestGuy View Post
    Liz Peek at FoxNews.com congratulates me for writing about the importance of economic growth. So in the spirit of maximizing growth, I want to pose a question: Why should we believe that extending the Bush tax cuts will provide a big lift to growth?

    Those tax cuts passed in 2001 amid big promises about what they would do for the economy. What followed? The decade with the slowest average annual growth since World War II. Amazingly, that statement is true even if you forget about the Great Recession and simply look at 2001-7.


    full article

    This actually gets to a point I've been trying to make for a while...

    If the Bush tax cuts were "good", then why were the 2000s (even if you cut the decade off before the Great Recession) the slowest decade for growth in the post-WW2 era?
    Simple Math. 2000-2007 produced 4 million jobs, a 5% rate of unemployment and exponential GROWTH....until the housing bubble produced ( not by TAX CUTS, but Freddie, Fannie the Banking Industry, Wall St Greed...and Progressive Entitlement) the EXCESS SPENDING of some 1.4 Trillion dollars to begin with in a SUPPOSED STIMULUS, and as of right now the further SPENDING TOTAL of almost 4 TRILLION DOLLARS beyond what the resources of the FED have to PAY. Not to mention a Budget that mandates the further SPENDING of 10.3 Trillion RED LEDGER DOLLARS more on Welfare alone over the next Decade.

    Again....TRUTH demonstrates that it was not the LACK OF TAXES that caused this STAT...but the AMOUNT SPENT. A Fact that is "conveniently" omitted from this article is the fact that the FEDERAL GOVERNMENT collected more REVENUE than the Statical Average over the last, 20, 40, and 60 year mean average total. Thus averaging more than any previous short term period of US HISTORY. Thus if it were a REVENUE PROBLEM as suggested...the Bush years would have been the greatest in US HISTORY along with the COLLECTED REVENUE which was above the HISTORICAL AVERAGE. But sad to say.....Bush was anything but a fiscal CONSERVATIVE he was a PROGRESSIVE with an "R" tattooed on his name plate.

    Take for example the year 2006. 18.4% of the GPD. Which was actually above the 20,40 and 60 year average. For instance in 1995 the TAX REVENUE at the FEDERAL level was only 18.5% of GPD. Even though there was a DEFICIT for 2006...that deficit was the result, not of UNCOLLECTED TAXES..but, ADDITIONAL SPENDING. Which is it? Was BUSH a moron? An evil Genius that duped the World by ATTACKING his own nation? A SPENDING NUT? A conservative that wants OLD PEOPLE to eat cat food? All the above has been propagated by the LEFT...its most difficult to follow the Theater...the STORY LINE if it keeps changing on a day to day basis...depending upon the deflective TALKING POINT coming from the DNC and UNIONS which are ass hole deep in Crap right now..with the approval numbers dropping like a concrete Balloon. Funny as Hell.


    The United States does not have a TAX PROBLEM...but a SPENDING PROBLEM, as clearly defined by the 14 TRILLION DOLLAR DEBT...over 4 Trillion of which has been added in the PAST TWO YEARS. But TAXES are the PROBLEM...really? Enlighten US, what would happen if you TAXED all those supposed EVIL RICH BASTARDS making over 250k a year at a 100% rate...would that balance the Budget? Not no...but HELL NO. This out of control SPENDING MUST STOP.

    Ten Myths About the Bush Tax Cuts | The Heritage Foundation

    Obama to Spend $10.3 Trillion on Welfare: Uncovering the Full Cost of Means-Tested Welfare or Aid to the Poor | The Heritage Foundation
    Last edited by Walter; 03-11-11 at 10:50 PM.

  7. #257
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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by Badmutha View Post
    There are many companies willing to produce and supply my home with electricity.......

    ........none of the companies I refused have sent men with guns to my door.....yet.
    .
    .
    .
    but you are on the grid, right? and very few places in the USA offer a choice. In the Phoenix area, there are 2 choices for electric power. You can choose the one you want by choosing where you live. If you live in an SRP area, you pay SRP.
    No, they won't send men with guns if you don't pay up, they send men who disconnect you from the grid and you pay a large deposit to get back on..
    Oracle of Utah
    Truth rings hollow in empty heads.

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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by TurtleDude View Post
    they don't--glad to see you are learning



    Quoting my good friend TOT….**** you, you Ohio ****head.
    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

  9. #259
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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by TurtleDude View Post
    not for 47 percent of America when it comes to FIT or 99% when it comes to the federal death tax
    When I am dead I dont have any free choice left.
    Conservatives believe that the government is incompetent, and seek to elect people who will ensure it is

  10. #260
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    Re: Were the Bush Tax Cuts Good for Growth?

    Quote Originally Posted by Lord Tammerlain View Post
    When I am dead I dont have any free choice left.
    when you are alive you should have the absolute right to determine what happens to the wealth you earned and paid taxes on
    after you die



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