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More Democrats break with Obama on tax cuts

Boo Radley said:
And the best way to have a job, is to spend.

And they weren't spending before this adminsitration.

And we've had recessions regardless of government, regardless of taxes. government does not control the economy. Government is not the answer. ;)
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Spend what ??? The people with jobs aren't going to spend any more than they have to, the rest they are saving in case they lose their job tomorrow.

The one's with no jobs are spending every penney they can lay their hands on now.

Yes, there have been recessions in the past, but only one that lasted longer than this one. No modern recession has lasted this long, and the blame can be placed right on Obama's head.
 
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Gill said:
Spend what ??? The people with jobs aren't going to spend any more than they have to, the rest they are saving in case they lose their job tomorrow.

The one's with no jobs are spending every penney they can lay their hands on now.
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Exactly. That's what makes the cyckle difficult. Business needs consumers and consumers need jobs. All the rest is background noise. It is taxes or government or health care reform or any other nonsense. It is simple finanace.
 
Boo Radley said:
Strawman. I didn't bring it up, you did. you said they spend. They don't. And I have no jealousy. I don't begruge those who pay less or worry about those who pay more. The system is fine.
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They do spend, they also save, they also invest, they also pay off bills, all helps the economy. Right now 16 million Americans are unemployed and raising taxes on those that produce jobs isn't going to put them back to work. Right now 16 million Americans aren't paying much in Federal Income taxes.
 
Conservative said:
They do spend, they also save, they also invest, they also pay off bills, all helps the economy. Right now 16 million Americans are unemployed and raising taxes on those that produce jobs isn't going to put them back to work. Right now 16 million Americans aren't paying much in Federal Income taxes.
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They don't spend the moeny they get from taxe cuts. Again, this has been posted for you before. And taxes don't effect the jobs they create or don't. There is no evidence tax breaks create jobs, and at least one study, again posted for you before, that says there is no evidenc ethat tax cuts lead to jobs.
 
Conservative said:
They do spend, they also save, they also invest, they also pay off bills, all helps the economy. Right now 16 million Americans are unemployed and raising taxes on those that produce jobs isn't going to put them back to work. Right now 16 million Americans aren't paying much in Federal Income taxes.
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To keep the record straight, right now 130 million Americans ARE paying their income and SS taxes.

ricksfolly
 
Boo Radley said:
They don't spend the moeny they get from taxe cuts. Again, this has been posted for you before. And taxes don't effect the jobs they create or don't. There is no evidence tax breaks create jobs, and at least one study, again posted for you before, that says there is no evidenc ethat tax cuts lead to jobs.
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How do you know what the rich do with their money? You have no idea what they do with the money and can only speculate. As I pointed out whatever they do with it still helps the economy.

There is plenty of evidence that jobs have been created after tax cuts but like all liberals that flies in the face of your own opinions and ideology. You simply cannot admit that you are wrong. You obviously don't understand GDP and the four components. You also don't seem to understand basic economics of supply and demand. Doesn't really matter what you think because it has been proven with actual facts that you are wrong.
 
ricksfolly said:
To keep the record straight, right now 130 million Americans ARE paying their income and SS taxes.

ricksfolly
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Uh, no, 47% of those working Americans make 50,000 or less and pay no Federal Income taxes according to the IRS data. Imagine how much would be received if that 47% paid anything in income taxes and the 16 million unemployed Americans were employed and paying taxes? Makes the liberal argument of tax the rich look miniscule.
 
Conservative said:
Uh, no, 47% of those working Americans make 50,000 or less and pay no Federal Income taxes according to the IRS data. Imagine how much would be received if that 47% paid anything in income taxes and the 16 million unemployed Americans were employed and paying taxes? Makes the liberal argument of tax the rich look miniscule.
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liberals love representation without taxation so they can represent those and tax others
 
Conservative said:
How do you know what the rich do with their money? You have no idea what they do with the money and can only speculate. As I pointed out whatever they do with it still helps the economy.

There is plenty of evidence that jobs have been created after tax cuts but like all liberals that flies in the face of your own opinions and ideology. You simply cannot admit that you are wrong. You obviously don't understand GDP and the four components. You also don't seem to understand basic economics of supply and demand. Doesn't really matter what you think because it has been proven with actual facts that you are wrong.
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That's why we have studies, but if your going to claim they create jobs, you have to present some evidence. Right now, we have tax cuts in place, and no jobs. Apparently, they aren't magic after all.


Still, you were given a study.
 
Boo Radley said:
That's why we have studies, but if your going to claim they create jobs, you have to present some evidence. Right now, we have tax cuts in place, and no jobs. Apparently, they aren't magic after all.


Still, you were given a study.
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have you found any study that suggests tax hikes are going to create jobs?
 
TurtleDude said:
have you found any study that suggests tax hikes are going to create jobs?
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Nope. But I don't claimm they will. I argue they have no effect and that is what posted for our friend. But if you're going to say it creates job, I would think some evidence would be proper.
 
Boo Radley said:
That's why we have studies, but if your going to claim they create jobs, you have to present some evidence. Right now, we have tax cuts in place, and no jobs. Apparently, they aren't magic after all.


Still, you were given a study.
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Apparently BLS data isn't good enough for you. AFTER tax cuts job creation went up during Reagan and Bush when the unemployment was higher before. Explain.
 
Conservative said:
Apparently BLS data isn't good enough for you. AFTER tax cuts job creation went up during Reagan and Bush when the unemployment was higher before. Explain.
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No, it wasn't and I told you why. Do we have to go through it again? That information doesn't address the question.
 
Conservative said:
Uh, no, 47% of those working Americans make 50,000 or less and pay no Federal Income taxes according to the IRS data. Imagine how much would be received if that 47% paid anything in income taxes and the 16 million unemployed Americans were employed and paying taxes? Makes the liberal argument of tax the rich look miniscule.
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Most of those 47% who pay no taxes are because of President Bush. What's the problem with your hero?
 
Boo Radley said:
There is no evidence tax breaks create jobs, and at least one study, again posted for you before, that says there is no evidence that tax cuts lead to jobs.
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There is no logic in politics and very little truth or ethics, So if saying tax breaks create jobs gets a politician elected, it's just more sleazy survival politics...

ricksfolly
 
Conservative said:
Apparently BLS data isn't good enough for you. AFTER tax cuts job creation went up during Reagan and Bush when the unemployment was higher before. Explain.
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And as I've said before, the U.S. population also went up.
 
Boo Radley said:
No, it wasn't and I told you why. Do we have to go through it again? That information doesn't address the question.
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Look, I don't know where you got your education but I learned logic and common sense. Before the Reagan Tax cuts unemployment was rising and afterwards almost 20 million jobs were created. Before the Bush tax cuts the cry was where are the jobs. After the Bush tax cuts jobs were created. You conclude that tax cuts had nothing to do with it, and I disagree. I understand human behavior as well as basic finance. If you have more take home pay because of tax cuts you spend it, save it, invest it, or pay down debt all good for the economy and job creation. Your argument is flawed and lacks basic logic and common sense.
 
Conservative said:
Apparently BLS data isn't good enough for you. AFTER tax cuts job creation went up during Reagan and Bush when the unemployment was higher before. Explain.
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Companies have their own reasons for hiring and firing, usually more orders or expansion, and they pick their own time and place. What little support 2 percent gives them could be spent for many different purposes, not just hiring more people.

ricksfolly
 
ricksfolly said:
Companies have their own reasons for hiring and firing, usually more orders or expansion, and they pick their own time and place. What little support 2 percent gives them could be spent for many different purposes, not just hiring more people.

ricksfolly
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Fact remains people spending money is what drives this economy and creates an environment for creating jobs. There isn't a reputable economist who believes we should raise taxes on anyone during these poor economic times.
 
Boo Radley said:
Nope. But I don't claimm they will. I argue they have no effect and that is what posted for our friend. But if you're going to say it creates job, I would think some evidence would be proper.
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so if they aren't going to help and since the dem spending is going to massively increase the deficit whether or not the rich are treated the same as other tax payers, what is your reason-other than envy-for being against tax cuts for everyone?
 
pbrauer said:
Most of those 47% who pay no taxes are because of President Bush. What's the problem with your hero?
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I was against that-but I am against progressive income taxes. there should be a flat tax so people like you cannot have your votes bought by promises that you will get more handouts and only people like me will suffer a tax rate increase
 
TurtleDude said:
I was against that-but I am against progressive income taxes. there should be a flat tax so people like you cannot have your votes bought by promises that you will get more handouts and only people like me will suffer a tax rate increase
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Isn't that what happened anyway? For the majority of the last decade, all I heard was that Bush cut taxes for the wealthy only and raised taxes on the poor. Now, the fact that the poorest 47% don't pay taxes is at Bush's feet, too? A wizard, that man.
 
Boo Radley said:
They don't spend the moeny they get from taxe cuts. Again, this has been posted for you before. And taxes don't effect the jobs they create or don't. There is no evidence tax breaks create jobs, and at least one study, again posted for you before, that says there is no evidenc ethat tax cuts lead to jobs.
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I'll ask you again since you ignored it the last time.......what do "rich" people do with their money, put it in their pillows for safe keeping or do they invest it ?
 
Gill said:
I'll ask you again since you ignored it the last time.......what do "rich" people do with their money, put it in their pillows for safe keeping or do they invest it ?
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I think he's merely upset that they have more wealth
 
Gill said:
I'll ask you again since you ignored it the last time.......what do "rich" people do with their money, put it in their pillows for safe keeping or do they invest it ?
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Tax breaks they tend to save. Again, this has been covered before.
 
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