View Poll Results: Tax cuts cost nothing and are free

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  • No way.

    47 40.87%
  • Yes, they are free

    68 59.13%
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Thread: Tax cuts are free

  1. #151
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    Re: Tax cuts are free

    Quote Originally Posted by Goobieman View Post
    Lowering available revenue is not a cost.
    Actually I would call it an opportunity cost.

    ...opportunity costs are not restricted to monetary or financial costs: the real cost of output forgone, lost time, pleasure or any other benefit that provides utility should also be considered opportunity costs.

  2. #152
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    Re: Tax cuts are free

    Quote Originally Posted by drz-400 View Post
    Actually I would call it an opportunity cost.
    its sure raising the opportunities for those of us who made the money and get less of it taken by a parasitic administraition



  3. #153
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    Re: Tax cuts are free

    Quote Originally Posted by drz-400 View Post
    Actually I would call it an opportunity cost.
    Well, if you want to use the word in a way it was not originally intended just to try to defend a point, that's up to you.
    Of course, one might also argue that it is an opportunity gained, so...

  4. #154
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    Re: Tax cuts are free

    Quote Originally Posted by The Giant Noodle View Post
    Taxes were REDUCED for a temporary period. Just like a sale at the gas station. Say gas = taxes. The price is reduced for lets say a weekend. The gas station will make less money during that time in hopes to gain profit in other areas. THing is, the ultra rich will not be spending more or even investing more because of the sale at the fuel pump. Not from anything Ive seen. Maybe someone can provide factual information on that topic.

    Anyhow, temporary tax reduction of COURSE costs the goverment. You are reducing the amount taken in!!! Duuuhhh!
    This is true.....to an extent.

    When a gas station or any other type of store has a sale they do not lower it beyond what they paid for it. Most companies will have a sale of at most 50% (normally...there are exceptions of course). But when they sell an item at regular price they do so having already marked the item up by around 100%-500% depending on what it is they are selling. So if they paid $2 for an item and mark it up 100% to $4 then have a sale of 50% off then they are back down to $2. So the item that is on sale hasn't ultimately cost them anything but the people that bought the item has saved money. But while they bought that item that was for sale they also more than likely bought other things also...which makes the company recieve a profit.

    But what if instead of marking up the price by 100% they have instead marked it up 200% and then have the 50% off sale? So the same item that cost them $2 being marked up 200% is now $6. At 50% off that only brings the price down to $3 per item. So they are still making a $1 profit..ontop of the additional items that are bought due to the attraction that a sale brings.

    Now here's the thing about sales. When a company has a sale they attract more people to their place of business. Which means that more items are being sold. Which means even more profit.

    Now I can't remember where I read this or even how long ago. But from what I remember statistically speaking when a person goes to a gas station or grocery store or what ever more often than not that person usually buys at least one more item than what they planned to get when they first came for the sale.

    Now I will grant you that had they kept the regular price they would have made more...if the customer base stayed the same. But it doesn't. A sale will often attract more customers than normal. More often than not they will either make the same amount as they would have if the price had been the regular price or they will have made even more. Again this is of course totally dependent on the item being sold. If an item that is being sold is not that popular they may not make as much as they would have had not had the sale. In the short term. Sales also have a tendency to make a person feel better about a place. Which means they more than likely will go back to that same place at a later date when there is no sale. So in the long term the profit margin may actually increase due to a rise in people frequenting that establishment.

    So sorry but your analogy doesn't quite work. A company has an item to sell. A government does not. They only spend.

    A government that recieves taxes and then gives a tax cut does have a reduction in revenue. If the spending stays the same then the government runs into a deficit. (I know this is what you're argueing but please bear with me) But if a government also reduces spending to match the tax cut they are not really loosing anything. Much like the buisness that has a sale and is only marking the item up 100% like I explained above. So depending on how you look at it the tax cut could in effect be "free". But only if they cut the spending to match. (which we all know never happens).

    Anyways...hope that this all made sense. Just my little 2 cent contribution to this thread.
    I have an answer for everything...you may not like the answer or it may not satisfy your curiosity..but it will still be an answer. ~ Kal'Stang

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  5. #155
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    Re: Tax cuts are free

    Quote Originally Posted by Goobieman View Post
    Well, if you want to use the word in a way it was not originally intended just to try to defend a point, that's up to you.
    Of course, one might also argue that it is an opportunity gained, so...
    Sure an oppotunity could be gained, but there is also a cost. The government would lose revenue.

    I am using the economic definition of cost. You are saying there is no accounting cost. Kind of like if I play hooke and don't go to work. There is no accounting cost, it did not cost me money, but I just lost a days worth of wages and maybe my job. So a days worth of wages and my job is the cost of skipping a day of work.

    If we lower taxes we are losing revenue, which is the economic cost of lowering taxes. So to be accurate, you should say there is no accounting cost of lowering taxes. Which means the government does not spend money to lower taxes. To which I would say, "No ****?"
    Last edited by drz-400; 09-23-10 at 01:49 AM.

  6. #156
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    Re: Tax cuts are free

    Quote Originally Posted by Goobieman View Post
    Not having that infantry company to begin with is not.
    Only if you aren't in combat and thus don't need that unit. Which in this context would be never. Thus, your arguments like Turtle, fail.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  7. #157
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    Re: Tax cuts are free

    Quote Originally Posted by TurtleDude View Post
    tax cuts are not government spending

    is saving money spending?
    The problem is the only things republicans cut taxes on is big business and their own special interests.

  8. #158
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    Re: Tax cuts are free

    Quote Originally Posted by Vader View Post
    The problem is the only things republicans cut taxes on is big business and their own special interests.
    why do you post stuff that is an obvious lie?



  9. #159
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    Re: Tax cuts are free

    Quote Originally Posted by drz-400 View Post
    Sure an oppotunity could be gained, but there is also a cost. The government would lose revenue.
    Revenue that is spent represents a cost.
    Revenue that is not generated is not.
    Conceptually, the two are very different. This should be plain on its face.

  10. #160
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    Re: Tax cuts are free

    Quote Originally Posted by obvious Child View Post
    So do you agree, that tax cuts cost nothing, that they are revenue neutral, that they are free?
    Yes of course. It's government spending that isn't "free" - that should be obvious, obvious Child.

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