View Poll Results: What Should the Government Focus On, Raising Revenue or Tax Rates?

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  • Revenues

    25 89.29%
  • Tax Rate

    3 10.71%
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Thread: Is Raising Revenue More Important Than Raising Tax Rates?

  1. #151
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by hazlnut View Post
    Not about points, buddy, it was just showing everyone you didn't know what your were talking about...



    Why do you avoid to addressing any of the points I made and default to your usual talking points?



    Saying the President is trying to 'screw over' someone is beyond stupid--an ignorant thought process that is dragging our country back to the brink.

    And, again you seem incapable of understanding the issues -- hedge funds pay earn returns. Capital gains.

    W. gave the managers a loophole tax break, alas, no more...

    why would a net tax consumer assume he knows more about taxes than someone who actually pays them?

    your president tries to appeal to the envious, the spiteful and the slothful by claiming that the rich need to pay even more taxes. He buys your votes by telling you he will give you more and more handouts and OTHERS will have to foot the bill.

    We give most americans tax breaks. Most americans don't pay close to what their share of the tax bill is



  2. #152
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by cpwill View Post
    you know, it suddenly occurs to me. when we cut spending in the 40's after WWII, Keyensians screamed up and down that we were going to see massive losses to the economy; just like you are doing now.

    Odd, isn't it, how the models are always wrong, yet they never get questioned? It's like a weird faith in the Omniscience of Government.
    that is because what really motivates them is class warfare and buying the votes of the envious rather than sound economics. winning elections is what matters because having their people in power improves their personal economics



  3. #153
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by Mayor Snorkum View Post
    Just curious. What are your priorities?
    Raise the rates and you raise the revenues, lower the rate and you lower revenues. Not rocket science. Only math.


  4. #154
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by pbrauer View Post
    Raise the rates and you raise the revenues, lower the rate and you lower revenues. Not rocket science. Only math.
    that is a rather specious claim

    in some cases raising taxes raises revenues. In other cases it lowers revenues

    example-the clinton luxury tax hike

    you also do not understand that raising taxes can have other deleterious results such as people avoiding such taxes, or moving away from high tax jurisdictions

    so your claim is a total fail



  5. #155
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by pbrauer View Post
    Raise the rates and you raise the revenues, lower the rate and you lower revenues. Not rocket science. Only math.
    Not the GOP's strong suit.

    Unfunded wars and prescription drug program + Tax Cuts for wealthy = - Trillions...

    Thanks W.

  6. #156
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by TurtleDude View Post
    that is a rather specious claim

    in some cases raising taxes raises revenues. In other cases it lowers revenues

    example-the clinton luxury tax hike

    you also do not understand that raising taxes can have other deleterious results such as people avoiding such taxes, or moving away from high tax jurisdictions

    so your claim is a total fail
    When Clinton left office we were getting close to reducing our debt, so Bush said he wanted to give back the surplus that Clinton, he increase the debt by giving tax breaks to everyone - that INCREASED the debt.


  7. #157
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by pbrauer View Post
    When Clinton left office we were getting close to reducing our debt, so Bush said he wanted to give back the surplus that Clinton, he increase the debt by giving tax breaks to everyone - that INCREASED the debt.
    Lowering capital gains partially caused the mortgage bubble.

    **The markets get flooded with new money...

    **Bankers have to invent new 'products' - mortgage backed securities MBS

    **This floods lenders with new money, they push mortgage brokers to find more homebuyers...

    --remember the mortgage broker gets his payment no matter what happens to the paper...

    **despite what the pundits say, the investment houses packaging the MBS put more pressure on mortgage brokers than CRA--supply and demand.

  8. #158
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by pbrauer View Post
    When Clinton left office we were getting close to reducing our debt, so Bush said he wanted to give back the surplus that Clinton, he increase the debt by giving tax breaks to everyone - that INCREASED the debt.
    wrong-spending created the deficit



  9. #159
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by TurtleDude View Post
    that is because what really motivates them is class warfare and buying the votes of the envious rather than sound economics. winning elections is what matters because having their people in power improves their personal economics
    no, i think he really believes it - i tend more here to blame the temptation of the pretense of knowledge and power.

  10. #160
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    Re: Is Raising Revenue More Important Than Raising Tax Rates?

    Quote Originally Posted by pbrauer View Post
    When Clinton left office we were getting close to reducing our debt, so Bush said he wanted to give back the surplus that Clinton, he increase the debt by giving tax breaks to everyone - that INCREASED the debt.
    interesting claim. how much did revenue drop as a percentage of GDP under Bush after those tax cuts?

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