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. #81
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    Re: Tax cuts are free

    Quote Originally Posted by The Giant Noodle View Post
    You said the tax cuts dont cost anything. Now you are changing that. Lets again go back to the gas station analogy I used. If you are saying they can cut costs then their sale on fuel wont cost them anything. OK......

    Logically, when a company reduces overhead they will bring in more profit. And you are saying that if THAT happens the company will reduce THEIR prices.

    Why your logic is flawed, there is no competition for our goverment. Also BOTH sides of the aisle will take any surplus and put in MORE pork spending for their reelections. Like-wise a company with not lower prices unless competition is very stiff. Instead they will pocket the profit!! If they have stock that profit will raise the price of their stock.

    Bottom line is I strongly feel your logic on this topic is highly flawed. This temporary "sale" / reduction on taxes IS costing this Country a LOT.
    having less money is different than a cost

    I think you confuse the two and claim anything that causes the government to have less money is a cost.



  2. #82
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    Re: Tax cuts are free

    Quote Originally Posted by The Giant Noodle View Post
    You said the tax cuts dont cost anything. Now you are changing that. Lets again go back to the gas station analogy I used. If you are saying they can cut costs then their sale on fuel wont cost them anything. OK......

    Logically, when a company reduces overhead they will bring in more profit. And you are saying that if THAT happens the company will reduce THEIR prices.

    Why your logic is flawed, there is no competition for our goverment. Also BOTH sides of the aisle will take any surplus and put in MORE pork spending for their reelections. Like-wise a company with not lower prices unless competition is very stiff. Instead they will pocket the profit!! If they have stock that profit will raise the price of their stock.

    Bottom line is I strongly feel your logic on this topic is highly flawed. This temporary "sale" / reduction on taxes IS costing this Country a LOT.
    So what's your position, allow the government to take as much money as it wants, always, because it's going to spend as much as it wants, always?

    There are little blue pills available to treat that disorder.

  3. #83
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    Re: Tax cuts are free

    Quote Originally Posted by Scarecrow Akhbar View Post
    So what's your position, allow the government to take as much money as it wants, always, because it's going to spend as much as it wants, always?

    There are little blue pills available to treat that disorder.
    its certainly an interesting variation of the libertarian philosophy isn't it?



  4. #84
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    Re: Tax cuts are free

    Quote Originally Posted by samsmart View Post
    When that money in the hands of private entities, especially corporations, outsource those dollars to China for cheap products or India for cheap work forces and those companies sell more to the U.S. than they buy from the U.S., then yes, those revenues are lost.
    Here's a hint for you:

    It's none of YOUR concern what a private person does with his money, nor is it any of your business what a privately owned business does with it's money.

    If the fascists want government revenues from domestic businesses, it needs to support policies that encourage people and businesses to freely do business in the United States. That process is best done with tax cuts and regulatory relaxation.

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    Re: Tax cuts are free

    Quote Originally Posted by TurtleDude View Post
    its certainly an interesting variation of the libertarian philosophy isn't it?
    No person advocating higher taxes, especially expanded tax bracketing or other "progressive" nonsense, has a clue what libertarianism is.

  6. #86
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    Re: Tax cuts are free

    I shudder when I find myself actually agreeing with Obvious Child, LOL, but in this instance I must. Economics 101 teaches us that EVERY financial decision (including a reduction in tax revenue) involves COST. Whether it is a COST in regards to the Government providing less public services or in regards to Government "greasing the palms" of blue chip corporations, SOMEONE, SOMEWHERE will pay the COST. Every economic decision provides some sort of trade-off; it's simply the Law of Scarcity. There are only X number of dollars to go around whether they're in the hands of the Government or the private sector is irrelevent. The real question is in the cost-benefit analysis of tax cuts. Do the COSTS outweigh the BENEFITS or vice versa? Therein lies the true debate.
    "Absence of evidence is not evidence of absence." - Dr. Carl Sagan

  7. #87
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    Re: Tax cuts are free

    Quote Originally Posted by FluffyNinja View Post
    I shudder when I find myself actually agreeing with Obvious Child, LOL, but in this instance I must. Economics 101 teaches us that EVERY financial decision (including a reduction in tax revenue) involves COST. Whether it is a COST in regards to the Government providing less public services or in regards to Government "greasing the palms" of blue chip corporations, SOMEONE, SOMEWHERE will pay the COST. Every economic decision provides some sort of trade-off; it's simply the Law of Scarcity. There are only X number of dollars to go around whether they're in the hands of the Government or the private sector is irrelevent. The real question is in the cost-benefit analysis of tax cuts. Do the COSTS outweigh the BENEFITS or vice versa? Therein lies the true debate.
    your definition of cost is not the same as many others'

    as I noted it was a semantic argument ie a conflict of opinions.



  8. #88
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    Re: Tax cuts are free

    Quote Originally Posted by TurtleDude View Post
    your definition of cost is not the same as many others'

    as I noted it was a semantic argument ie a conflict of opinions.
    I do agree with you in that many posters lack real understanding when an ambiguous term such as "cost" enters the debate. I also understand your position and agree to some extent.
    "Absence of evidence is not evidence of absence." - Dr. Carl Sagan

  9. #89
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    Re: Tax cuts are free

    Quote Originally Posted by FluffyNinja View Post
    I do agree with you in that many posters lack real understanding when an ambiguous term such as "cost" enters the debate. I also understand your position and agree to some extent.
    I never denied that a tax cut might mean the government has less revenue but I deny that the term "cost" is applicable anymore than if I retire tomorrow I don't have my salary coming in. Costs are what I have to pay for. However, if I quit my job my revenue will clearly decrease but If taxes are cut, it is not a given revenues will decrease for the government just as it is true that a tax hike might not result in more revenue.

    what is certain is that government spending costs the government money



  10. #90
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    Re: Tax cuts are free

    Quote Originally Posted by TurtleDude View Post
    I never denied that a tax cut might mean the government has less revenue but I deny that the term "cost" is applicable anymore than if I retire tomorrow I don't have my salary coming in. Costs are what I have to pay for. However, if I quit my job my revenue will clearly decrease but If taxes are cut, it is not a given revenues will decrease for the government just as it is true that a tax hike might not result in more revenue.

    what is certain is that government spending costs the government money
    However, a tax cut would indeed mean that the Government has less money to spend/redistribute. Let us think hypothetically for a moment. Let's assume that a tax cut will equate to the government not being able to fund a particular project - repaving a highway for instance. The monetary COST in this scenario could be that the private paving contractors would lose the contract. It could equate to less money in the pocket of the company owners or a temporary layoff for the workers. WHile this obviously does not equate to a monetary loss for you or I, SOMEONE will "pay" the cost. Another way of looking at it could be that local drivers would not receive the potential benefits of a newly paved highway - one pothole and a blow-out could equal a monetary cost for that particular driver. My point was, simply, EVERY economic decsion produces tradeoffs to some extent and often, neither you nor I can fully understand the extent to which these decisions will COST someone else.
    "Absence of evidence is not evidence of absence." - Dr. Carl Sagan

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