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Why did Tax Revenue INCREASE.....AFTER The Bush, Reagan, and JFK Tax Cuts?

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Conservative said:
How does that put 24 million Unemployed and under employed Americans back to work?
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We will have our deficit reduced by $400 billion a year. Together with cutting waste in military and other programs we have a real chance at reducing the Nations deficit, which will lower interest rates and make the economy much more stable for businesses to grow.

This is what happened when we were at the very same rates I am proposing during the Clinton Administration. Or our period of socialism, as our drama queens out there like to call it. :sun
 
TurtleDude said:
really? the dems want to reinstitute the "fairness doctrine"
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Look, your arguement boils down to countering a bad thing the Dems desire to my posting a bad thing McCain desired. As I said, little difference.
 
TurtleDude said:
so you want to raise taxes on everyone?
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Excellent idea. We're all in this together -- we should all pay more. Increase revenue, reduce spending, and tackle the deficits head on.
 
1Perry said:
Look, your arguement boils down to countering a bad thing the Dems desire to my posting a bad thing McCain desired. As I said, little difference.
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All I noted is that McCain would have picked better justices.
 
Sheik Yerbuti said:
Excellent idea. We're all in this together -- we should all pay more. Increase revenue, reduce spending, and tackle the deficits head on.
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so you want to start on those who aren't paying close to their share of the income taxes as their share of the income?
 
TurtleDude said:
you mean impose a tax hike. Reagan left us with a 26% top rate or so. everything after that was a tax hike until W normalized the tax rates.
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And the debt has been climbing uncontrollably ever since.

TurtleDude said:
the W rates are the longest rate in 30 years and is now the standard.
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BS. There is no such standard. In fact, they were never made permanent and set to expire last year.
 
TurtleDude said:
really? the dems want to reinstitute the "fairness doctrine"
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Really? If that's what they wanted to do, why didn't they when they had a filibuster-proof Senate? It looks like you're exaggerating.
 
TurtleDude said:
that is a good point-lots of things the dems claimed they wanted were not passed despite having a filibuster proof senate for a substantial period of time for Obama-like jacking up taxes to the CLinton tax hike levels.
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Well then they didn't really want it as you portrayed.
 
TurtleDude said:
Polls mean nothing to me as to what is right and what is wrong
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Translation: TurtleDude doesn't give a **** what anybody else in America wants; all that matters is what he wants.
 
Sheik Yerbuti said:
Really? If that's what they wanted to do, why didn't they when they had a filibuster-proof Senate? It looks like you're exaggerating.
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It's something Glenn Beck claimed, and no matter how many times it has been proven false, some people can never let a good lie go.
 
TurtleDude said:
so you want to start on those who aren't paying close to their share of the income taxes as their share of the income?
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I want to start with everyone making above some arbitrary annual income ... somewhere in the neighborhood of $20,000.
 
Redress said:
It's something Glenn Beck claimed, and no matter how many times it has been proven false, some people can never let a good lie go.
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Where many a good lie originate. Like OBL might not actually be dead.
 
Sheik Yerbuti said:
Where many a good lie originate. Like OBL might not actually be dead.
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Google is part of the left wing global socialist Illuminati.

Sad part is I only exaggerated a tiny bit there.
 
Redress said:
Google is part of the left wing global socialist Illuminati.

Sad part is I only exaggerated a tiny bit there.
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Oh the Peoples Free Republic of a Democratic Free Judea have known that since 1966.
 
Sheik Yerbuti said:
And the debt has been climbing uncontrollably ever since.


BS. There is no such standard. In fact, they were never made permanent and set to expire last year.
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our national debt has grown and grown during the period we have had a progressive income tax
 
Sheik Yerbuti said:
I want to start with everyone making above some arbitrary annual income ... somewhere in the neighborhood of $20,000.
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fine with me-have everyone making over 20K a year pay 20% income taxes. those under that won't have to pay any
 
Conservative said:
You can transfer money out of various accounts in your 401K without penalty and that includes into a money market account which is what I did. I have since bought back in at the bottom and you see Obama's unemployment numbers are helping profits thus share price.
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Sure ya did, Con, uh-huh. We're supposed to believe you knew the market was going to tank under Bush and then explode under Obama?

:lamo :lamo :lamo


Here, you can even spot your lie ...

"I pulled my money out and put it into cash because of the recession and survived quite well. As stated, you needed a better money manager." ~ Conservative

"You can transfer money out of various accounts in your 401K without penalty and that includes into a money market account which is what I did." ~ Conservative​
 
TurtleDude said:
our national debt has grown and grown during the period we have had a progressive income tax
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The national debt was never a problem until Reagan brought us trickle-down economics.

You know? Voodoo economics.
 
TurtleDude said:
fine with me-have everyone making over 20K a year pay 20% income taxes. those under that won't have to pay any
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There are already enough taxes which are the same for all, such as excise taxes. 20% for someone making 21K could make the difference in whether or not they can afford a new car; taking 20% from the wealthiest in America makes the difference in whether or not they can afford a new island.
 
winston53660 said:
That ignores the marginal value of income.
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a progressive tax ignores the fact that it encourages pimps to buy the votes of the many with promises to raise only the taxes of the top bracket
 
Sheik Yerbuti said:
There are already enough taxes which are the same for all, such as excise taxes. 20% for someone making 21K could make the difference in whether or not they can afford a new car; taking 20% from the wealthiest in America makes the difference in whether or not they can afford a new island.
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that is hyperbolic BS. people making a few hundred K a year cannot afford Islands

when you limit your welfare socialist confiscatory tax schemes to people making 100 Million or more a year you might have some credibility on this issue.
 
Sheik Yerbuti said:
The national debt was never a problem until Reagan brought us trickle-down economics.

You know? Voodoo economics.
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you mean when dem congressscum loaded up defense spending bills with all sorts of socialist pork?
 
TurtleDude said:
that is hyperbolic BS. people making a few hundred K a year cannot afford Islands
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People making a few 100K are not among the nations wealthiest.

TurtleDude said:
when you limit your welfare socialist confiscatory tax schemes to people making 100 Million or more a year you might have some credibility on this issue.
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The point is ... those who make less cannot afford more.
 
TurtleDude said:
you mean when dem congressscum loaded up defense spending bills with all sorts of socialist pork?
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No. I mean when Reagan gave us trickle-down economics.

There was no shortage of congress critters beefing up bills with pork prior to Reagan and the debt was under control.

Funny thing happens to the debt when you cut taxes ...
 
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