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Should the Bush tax cuts be cancelled next year as Obama wants to do?

Should the Bush tax cuts be cancelled next year as Obama wants to do?


  • Total voters
    41
Right now I feel it's necessary to point out that our economy went into the ****ter WHILE these cuts were in place.

Sure, but that's no reason to believe that raising them will have no adverse consequences. IMO we need to prioritize the short-term problem of fighting the recession; we can tackle the deficit problem when the economy starts to recover. While I'd rather have another large dose of stimulus spending, I recognize that that isn't likely to happen. As such, extending all or some of the tax cuts for another year is probably the best economy-growing policy at our disposal.
 
spoken like a true tax consumer-maybe you ought to start paying for what you use and stop demanding that others carry your share of the load

My household makes six figures. Get over yourself.
 
Right now I feel it's necessary to point out that our economy went into the ****ter WHILE these cuts were in place.

and the economy went in the toilet in 2000 when the clinton hikes were in place

cause and effect is tough to prove but the Bush tax normalization (clinton hiked taxes remember) helped get us out of the dot com bust

an easy question-if it could be proved that a 95% tax on all income over 100K a year would "help the economy" would you be in favor of it? what about forced sterilization of anyone with an IQ under 100?

there are lots of things people can justify for the greater good that are manifestly unfair to individuals.
 
Sure, but that's no reason to believe that raising them will have no adverse consequences. IMO we need to prioritize the short-term problem of fighting the recession; we can tackle the deficit problem when the economy starts to recover. While I'd rather have another large dose of stimulus spending, I recognize that that isn't likely to happen. As such, extending all or some of the tax cuts for another year is probably the best economy-growing policy at our disposal.

I think it actually shows that our economy centers more around what our government does/doesn't do with their spending than how much they have to spend.
 
Sure it does-that is less than what I pay each quarter

Sure it does what? Do you speaky the English?

Secondly, You're right. Those tax payers who make over a hundred thousand a year are big loafers on society. Oh I feel such shame. Get over yourself.
 
Sure it does what? Do you speaky the English?

Secondly, You're right. Those tax payers who make over a hundred thousand a year are big loafers on society. Oh I feel such shame. Get over yourself.

you get over yourself--your arrogant attitude that a 10% tax increase shouldn't bother those who already pay way too much in taxes is pathetic. Spite and envy is what motivates most of those who want those who are more productive than they are to pay more taxes.

your posts prove that. do you actually work?
 
Sure it does what? Do you speaky the English?

Secondly, You're right. Those tax payers who make over a hundred thousand a year are big loafers on society. Oh I feel such shame. Get over yourself.

you said your HOUSEHOLD

IT refers that
 
you get over yourself--your arrogant attitude that a 10% tax increase shouldn't bother those who already pay way too much in taxes is pathetic. Spite and envy is what motivates most of those who want those who are more productive than they are to pay more taxes.

your posts prove that. do you actually work?

10%?? Really? As I have stated before, it is about 3%.

Obama's income tax plan is relatively clear. There are only a few parts of the Bush tax cuts that are not extended under Obama. They include: reducing of the top two rates (33 goes to 36 and 35 to 39.6)
The Tax Foundation - Obama Lets Part of Bush Tax Cuts Expire; McCain Lets Virtually None Expire

And yes I do work. But thanks for asking.
 
The Bush tax cuts are due to expire on 31 December 2010....Should they be extended?

Why did you have to go and ruin a perfectly legitimate poll by making the responces bias?
 
I think it all depends on how the economy is doing. Taxes will eventually need to be raised along with the budget being cut. Whether they should be raised next year, I don't know. But I would be against extending the tax cuts for another 5-10 year period. The government needs the ability to adjust taxes which ever way when ever it sees fit. Once the economy recovers, then raise taxes.
 
The poll question and answers are bias of course and completely rediculous in the current form.. just saying.
 
Absolutely not. Tax cuts and reduced spending gets us out of economic trouble everytime. More spending, bigger government = more depression.

That's not what happened with Reagan. Nor Bush's recession. Reagan exploded spending and caused corporate defense trickle down.
 
The poll question looks as though it was crafted by Rasmussen.
 
If the bulk of the additional tax revenue goes towards debt repayment, I don't see a problem. I'd rather pay now then pay later. Especially since it's immoral to pass on our debts to the next generation. THANKS BUSH AND REAGAN! WANKERS.
 
Absolutely not. Tax cuts and reduced spending gets us out of economic trouble everytime. More spending, bigger government = more depression.

Based on what? I don't remember tax cuts being the solution to the depression. If tax cuts are always the solution then we should just keep cutting taxes.... but they are not always the solution... tax cuts have zero effect if there is no demand. Moreover, recessions always bring about reduced taxes by default, as everyone is making less (hence revenue shortfalls, hence budget deficits)..... people are far more worried about revenues and operating profits than taxes, which only effect people that have operating profits.
 
Based on what?

Conservative logic says that tax cuts are the solution to everything. Don’t try to question it with your “liberal” logic unless you’re willing to eat flurry of ad hominems.

PS: nice poll, Navy, looks like you've still got it
 
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Conservative logic says that tax cuts are the solution to everything. Don’t try to question it with your “liberal” logic unless you’re willing to eat flurry of ad hominems.

Not quite. Stupid Republican logic says that. Actual Conservative logic dictates that tax cuts are useful tools indeed, but hardly applicable every where.

For instance, would it be intelligent to issue a tax cut to a hyperinflationary economy boosting the supply of money? No. That would be utterly retarded.

Remember that a great many self proclaimed Conservatives here are really just social conservative Republicans who don't actually know a damn thing about economics.
 
Sadly, it will not matter. Of course, we need a lot less government and more of our own money in our pockets but, oh well.
 
So.

How many foolish people out there are going to say "I don't make $250,000, why should I care"?

I see probably three, those that voted "yes".

I guess they don't understand that if they're not making a pile of money, they're working for someone who does, or their business is dependent on people who work for someone who's rich.

Taxes destroy, they don't create.

That's why the Democrats love taxes so much.
 
Based on what? I don't remember tax cuts being the solution to the depression.

Taxes didn't cause the Depression, the Federal Reserve did.

FDR didn't cure the Depression, Hirohito and Hitler did. FDR kept the Depression going long enough to allow the two H's their chance to fix things.

However, in this day and age, exceptionally high taxation IS a serious problem, and tax cuts WILL create real, private sector, economic growth.

Under the Messiah's plan, if you're willing to either intrude into private homes and ask unconstitutionally nosy questions, or simply fake up some forms, you can be part of 95% of the job growth in May. Otherwise, ain't no jobs being created with a trillion dollars of wasted pork.

Absolutely NO REASON at all to be raising taxes when the government is wasting money on phony "stimulus" slush funds that have no measurable effect on the economy. It's completely indefensible.
 
I'll flip out completely and register myself as a freaking Democrat just to spite the Republicans if they continue this childish "no no no" crap. If they're going to insist on being nothing but tweens then so will I!
They're starting to remind me of Hitler in one scene out of Inglorious Bastards - "nein nein nein nein nein!"

ARGH!

how is that doing anything good for anyone!

:soap

Eightth post, and Godwin's Rule is invoked by the Left already.

Typical.

BTW, is was Clinton in 1993 that gave his podium pounding "no no no no no no no no" speech when the Republicans refused to assist in his attempt to rape the Republic.
 
Eventually we will need to raise taxes to get the deficit under control.

Obviously the government should do nothing about the cause of the deficits, the spending, it should just tax until it matches spending.

That spending historically rises faster than revenue and thus taxation can NEVER correct overspending is besides the point.
 
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