View Poll Results: Should the 2001/2003 GWB tax cuts be extended for people that make under $250k?

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Thread: Should the 2001/2003 GWB cuts be extended?

  1. #201
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by repeter View Post
    Ever heard of deadweight loss? Thats what happens when you refuse tax cuts. Economically, its bad to have tax cuts, but its even worse to refuse them.

    And yes, I understand what I'm saying, and I can't wait for you to start jumping up and down yelling, "hypocrisy by a liberal!"
    You called it....I will just LMAO
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  2. #202
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Navy Pride View Post
    You forget my left wing friend that long ago JFK cut taxes too...
    Not near as drastic as were Reagans's tax cuts for the top tax brackets. JFK cut the top tax bracket from 90% to 70%. Bush cut the top tax rate in half from 70% to 35% tripling our National Debt.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  3. #203
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Navy Pride View Post
    I am waiting for these liberals to refuse their tax cuts but I won't hold my breath....talk is cheap.....

    barefootguy, Catawba, Chappy, disneydude, donc, Goldenboy219, Groucho, hazlnut, Maximus Zeebra, megaprogman, molten_dragon, Ockham, repeter, Vader
    My problem is not tax cuts to the middle class, it is the tax cuts for the wealthiest that shift more of the tax burden to the middle class creating less wealth among the middle class which is harmful to our economy by reducing purchasing power of the ones that buy most of the products our companies need to sell to stimulate the economy and reduce unemployment.

    I never understood what we call the trailer park Republicans that somehow think lowering taxes on the rich is going to help them some how.
    Last edited by Catawba; 02-13-10 at 12:46 AM.
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  4. #204
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Aunt Spiker View Post
    I'm discussing what the OP wrote:



    After reading the attached file in the OP - I realize that the OP should have written 'OVER $250K' - because, you're right, this issue is not directed towards people who make UNDER $250,000/year.

    I should have read the link thoroughly - 'cause then I would have caught the oops without being thrown way off.

    With what's actually being proposed - no - I don't disagree with it on a large scale. there are some details I don't approve of in the attached plan, but those aren't pertaining to the tax-cut itself.
    No problem, I've misread things before as well!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  5. #205
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Navy Pride View Post
    You called it....I will just LMAO
    Navy, I haven't seen you say what tax cuts you support, so...

    What tax cuts do you support? Which tax cuts are you against?
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  6. #206
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Scarecrow Akhbar View Post
    Oh.

    You mean the Golden Shower Era under Carter, where businesses couldn't get capital because everyone was taxed too much.

    Funny, isn't it, how the economy crapped out in the 70's, just (ahem) coincidentally after the imposition of the Great Society on a formerly free nation?
    The Golden Era, our most productive period, was from 1950 to Reagan when our debt as a percentage of the GDP was never increased until he drastically cut taxes for the top tax brackets.

    The economy crapped out in the 70's due to the debt of the needless Vietnam war and the oil embargo, but yet our debt did not increase as a percentage of the GDP until Reagan cut the tax rate in half for the top tax bracket.

    Very much like it crapped out after W's unfunded wars and unfunded tax cuts to the wealthy.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  7. #207
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Bassman View Post
    Then you fail to understand the principle of Capitalism. You seem to think that businesses ought to just break even every year.
    No one said the goal was to break even. The goal is to leave enough for the consumers so they can buy your product. It didn't seem to hurt Henry Ford's business! Ever heard of it?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  8. #208
    It's Just Boris.
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Catawba View Post
    No one said the goal was to break even. The goal is to leave enough for the consumers so they can buy your product. It didn't seem to hurt Henry Ford's business! Ever heard of it?
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    Oh yeah, I happen to own one myself. But the point is, take for example, that Liberal bastion, the People's Republic of New York which has been consistently rated as one of the worst states to do business in. Again, business owners have to factor in the cost of doing business, and if that means layoffs, et al, so be it.


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  9. #209
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Bassman View Post
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    Oh yeah, I happen to own one myself. But the point is, take for example, that Liberal bastion, the People's Republic of New York which has been consistently rated as one of the worst states to do business in. Again, business owners have to factor in the cost of doing business, and if that means layoffs, et al, so be it.

    I was discussing the OP. Why would federal taxes affect NY differently than any other state?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  10. #210
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Catawba View Post
    I was discussing the OP. Why would federal taxes affect NY differently than any other state?
    Because it factors in to the overall tax burden which is among the highest, if not THE highest out of all 50 states. Factor in that Downstate Welfare cesspool called NYC and you see why Upstate can never get any break!


    11/8/16: A day of great relief for America

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