View Poll Results: Can a nation tax its way to prosperity?

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    7 11.48%
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    44 72.13%
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Thread: Can A Nation Tax Itself Into Prosperity?

  1. #21
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    Re: Can A Nation Tax Itself Into Prosperity?

    Quote Originally Posted by radcen View Post
    I think the space program, while way cool, is questionable.

    The Interstate Highway System, however, is probably the biggest "bang for the buck" public improvement in the history of mankind.

    The space program spun off lots of technology that is now in the public domain, teflon and microwaves come to mind. There is much more and modern life would be much different without space program technologies.
    "A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury." Attributed to Alexander Tytler

  2. #22
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    Re: Can A Nation Tax Itself Into Prosperity?

    Quote Originally Posted by sawdust View Post
    The space program spun off lots of technology that is now in the public domain, teflon and microwaves come to mind. There is much more and modern life would be much different without space program technologies.
    Fair point. Our benefit has been from the advances in technology, not so much from much of anything in space itself... though some of the knowledge we have gained is certainly cool.
    Huntsman / Kasich 2020

  3. #23
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    Re: Can A Nation Tax Itself Into Prosperity?

    Quote Originally Posted by radcen View Post
    Fair point. Our benefit has been from the advances in technology, not so much from much of anything in space itself... though some of the knowledge we have gained is certainly cool.
    That's kind of the point. The space program is much more than floating around in a void. As a result of it we have gps, weather information and a whole range of valuable information in the earth sciences. It's too bad that the program has largely been shelved and now we rely on the Russians and private sector to do what we used to own.
    "A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury." Attributed to Alexander Tytler

  4. #24
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    Re: Can A Nation Tax Itself Into Prosperity?

    Quote Originally Posted by CanadaJohn View Post
    Good for Bernie Sanders - now, what part of the bloated federal budget does the good Senator want to reduce or displace in order to up the capital improvements he wants to promote?
    He would if he could cut the bloated military budget, but he would borrow the money if he was unable to cut elsewhere.

    As for JFK, I would agree - he was instrumental, as was the military. JFK was hardly your typical liberal - in fact, he supported tax cuts along the way.
    JFK proposal was more a shifting the burdon rather than a tax cut. It wasn't a supply side cut, it was a demand side cut. JFK supported Social Security and proposed Medicare which LBJ implemented. JFK also wanted Civil Rights legislation to include public accomodations.

    And you fail to note that it was Obama, another liberal, who has basically shuttered the space program - he'd rather spend billions of windmills and solar panels. So much for that argument.
    Obama is not all that liberal.


  5. #25
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    Re: Can A Nation Tax Itself Into Prosperity?

    Quote Originally Posted by imagep View Post
    Military spending. The Ron Paul Institute for Peace and Prosperity : Sen. Bernie Sanders Exposes Bloated Military and Intelligence Spending

    Regardless, a monetarily sovereign nation doesn't have to cut spending in one area to increase spending in another. The new dollars created for infrastructure are backed by the value of the infrastructure over time. And for every worker we put to work improving our infrastructure, there is one less person on unemployment/welfare or prison, so the cost is fairly negligible.

    Do you really believe that the US or Canada would be a richer country if our governments didn't create infrastructure or educate our workforce population?
    No I don't, and I've never said any such thing. The fact remains, however, that there is plenty of tax room now in the system to fund capital programs with some meat on the bone either directly, or more appropriately through long term debentures or other government issued vehicles attractive to the investment community. Large scale tax increases to fund these things aren't necessary.

    Is there waste in the military - hell yeah - when you've got entire communities living off the government teat by way of a military installation that is no longer needed or serves no real purpose, you've got waste - but try prying that installation out of the community and hear the bleating from both sides of the aisle.

    There was a time when governments budgeted for infrastructure construction and maintenance, but some dim bulb came up with the idea of deferring such expenditures for a year or two or maybe three...... so we could fund some other nonsense that the government has no business being involved in and that nonsense then becomes a permanent budget item. What's left, is crumbling infrastructure, traffic chaos, $billion to $trillions in lost productivity as a result, and claims we need to create new revenue tools to fund what government should have been funding as a first priority from day one.

    Your question is better placed to those in office and those who voted them in. Why do you continue to vote in representatives and leaders who don't have as their first priorities the priorities of the nation as a whole and not special interests that support and fund them?
    A Canadian conservative is one who believes in limited government and that the government should stay out of our wallets and out of our bedrooms.

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    Re: Can A Nation Tax Itself Into Prosperity?

    Nor can it SPEND its way into prosperity - It can't even spend it's way out of debt but Barack Obama seems to be trying.

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    Re: Can A Nation Tax Itself Into Prosperity?

    Absolutly not.

  8. #28
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    Re: Can A Nation Tax Itself Into Prosperity?

    Quote Originally Posted by pbrauer View Post
    That's not true at all. It might suprise you that one of our most liberal Senators Bernie Sanders wants to spend money to update our infrastructure, the problem though is that it would create jobs and the GOP is dead set against it. It took JFK to get the space program going, which if you think about it, the result have been millions of jobs.

    Sanders Proposes Roads and Jobs Bill
    Saturday, January 3, 2015
    Sen. Bernie Sanders said on Saturday that he will introduce legislation when the new session of Congress convenes this month to authorize a $1 trillion, multi-year program to rebuild crumbling roads and bridges and invest in other infrastructure modernization projects. The investment not only would begin to address a growing backlog of badly-needed repairs, it also would put 13 million Americans to work at decent-paying jobs, according to Sanders, who will take over this month as the ranking member of the Senate Budget Committee.

    “America once led the world in building and maintaining a nationwide network of safe and reliable bridges and roads. Today, nearly a quarter of the nation's 600,000 bridges have been designated as structurally deficient or functionally obsolete. Let's rebuild our crumbling infrastructure. Let's make our country safer and more efficient. Let's put millions of Americans back to work,” Sanders said.

    The work needs to be done, he said. The American Society of Civil Engineers estimates that $3.6 trillion would be needed by 2020 simply to get our nation’s infrastructure to a passable condition. More than $1.7 trillion is needed just to improve our roads, bridges and transit. More than 30 percent of our nation’s bridges have exceeded their 50-year design life. Almost one-third of America’s major roads are in poor or mediocre condition, and 42 percent of major urban highways remain congested. In Vermont alone, the civil engineers say more than one-fifth of the paved roads are in poor condition.

    And workers need the jobs, Sanders stressed. While the economy has improved since the worst days of the recession, millions of Americans are still out of work and looking for jobs. According to the U.S. Department of Labor, the broadest measure of unemployment stood at 11.4 percent in November. That figure counts workers forced to settle for part-time jobs and others who gave up looking for work.

    As a new session of Congress gears up, Sanders said infrastructure investment is one area that could win bipartisan support in Congress. “There are a number of Republicans who understand that it is vitally important that we rebuild our crumbling infrastructure,” he said.

    Sanders Proposes Roads and Jobs Bill - Senator Bernie Sanders of Vermont


    okay

    the devil is in the details

    how is he proposing to pay for it?

    my idea....raise federal gas tax by 15c a gallon......

    that way everyone that uses the roads, pays for them

    the money will rebuild the roads fund....and we can actually keep things from falling apart

    putting it on the credit card....nope.....no thanks
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

  9. #29
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    Re: Can A Nation Tax Itself Into Prosperity?

    Quote Originally Posted by pbrauer View Post
    Consider the following quote from Winston Churchill:
    "We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle."

    Yes

    No

    Other


    Kind of like.....pulling oneself up by the boot straps?
    "Half full or half empty doesn't matter. What matters is, you've only got half a glass...so what are you going to do about it?" - Me
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    Re: Can A Nation Tax Itself Into Prosperity?

    No and neither can we SPEND our way to prosperity or even out of debt.

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