GOP takes tough stand on saving Bush tax cuts

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Anarchist420

Diamond Member
Feb 13, 2010
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The top 2% can create jobs and if taxes are raised revenue will barely increase, if it doesn't go down.

Did you see the deficit reduction plan? The tax plan in that makes some sense. Not a whole lot, but some.
 
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fskimospy

Elite Member
Mar 10, 2006
87,916
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Anarchist420 said:
The top 2% can create jobs and if taxes are raised revenue will barely increase, if it doesn't go down.

Did you see the deficit reduction plan? The tax plan in that makes some sense. Not a whole lot, but some.
Click to expand...

There is no evidence whatsoever that a decrease in marginal tax rates for the top 2% leads to economic growth. Are you using a different metric to determine job creation that the evidence shows a positive correlation for?
 
ericlp

ericlp

Diamond Member
Dec 24, 2000
6,137
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Whatever, the 2% can suck my dick.

Bottom line:

Money is greed and they are the top 2% of the greed chain. I've read and heard all the arguments for it... If I were at the top 2%, I'd be all over this myself. I wouldn't let it filter down. I'd save it for a rainy day. Hell, I'm already rich ... I'll just add a few more bucks to the account. Now maybe just maybe 2% of the 2% might feel like they should give their money away to good cause like a church for example or maybe even make a good ol' donation into the Palins slush fund. They can do what they want with it. It's their money ... Will they do the right thing? Who knows but anyone with half a brain could think this out and come to some sort of conclusion.
 
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LegendKiller

Lifer
Mar 5, 2001
18,256
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Anarchist420 said:
The top 2% can create jobs and if taxes are raised revenue will barely increase, if it doesn't go down.

Did you see the deficit reduction plan? The tax plan in that makes some sense. Not a whole lot, but some.
Click to expand...

If this were true then we'd be at 5% unemployment right now, regardless of the credit crisis.

There is not a single shred of evidence that the reduction of taxes in the last 30 years to the top marginal tax brackets has created a single job. If anything it has destroyed jobs.

The top marginal tax bracket needs to be increased back to 70%. We should return *ALL* taxes back to the Clinton levels, immediately.
 
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LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
ericlp said:
Whatever, the 2% can suck my dick.

Bottom line:

Money is greed and they are the top 2% of the greed chain. I've read and heard all the arguments for it... If I were at the top 2%, I'd be all over this myself. I wouldn't let it filter down. I'd save it for a rainy day. Hell, I'm already rich ... I'll just add a few more bucks to the account. Now maybe just maybe 2% of the 2% might feel like they should give their money away to good cause like a church for example or maybe even make a good ol' donation into the Palins slush fund. They can do what they want with it. It's their money ... Will they do the right thing? Who knows but anyone with half a brain could think this out and come to some sort of conclusion.
Click to expand...

This is exactly the problem. The top 2% don't give a flying fuck through a rolling donut about the bottom 98%. They don't re-invest their money into creating jobs, they invest it into already existing stocks and make money on the reduced capital gains tax.

The bottom 98% can't aggregate wealth because the top 2% doesn't let any of it go.

Yet, somehow, fucktards like Anarchist cheer for the tax cuts. They don't realize that they are only cheering for the Koch Brothers to increase their wealth beyond $43bn while polluting the shit out of the planet so they can squeeze every last drop of profit.
 
Londo_Jowo

Londo_Jowo

Lifer
Jan 31, 2010
17,303
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londojowo.hypermart.net
Yes, god forbid that people like the Koch Brothers having money to reinvest in their companies. Wouldn't want to have more people employed that either supply goods or services to these same said companies. Better to ship all these companies to Mexico.
 
soundforbjt

soundforbjt

Lifer
Feb 15, 2002
17,788
6,041
136
^^^ Please feel free to show me any facts showing the Bush tax cuts for the wealthy has created any significant job growth.
 
soundforbjt

soundforbjt

Lifer
Feb 15, 2002
17,788
6,041
136
^^^On the top 2%, they wouldn't feel it at all. It wouldn't affect their quality of life whatsoever. They have more than enough money as it is. I'd gladly pay their tax rate if I had their money.
 
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LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Londo_Jowo said:
Yes, god forbid that people like the Koch Brothers having money to reinvest in their companies. Wouldn't want to have more people employed that either supply goods or services to these same said companies. Better to ship all these companies to Mexico.
Click to expand...

God forbid they be able to pollute the shit out of the country while aggregating wealth to a plutocracy (see TeaBaggers) with fascist leanings. You do realize that's exactly where we are headed, right? The TeaBaggers are a direct consequence of rich people buying political influence (plutocracy) by using corporate profits creating a closer marriage of business and government (fascism).

Of course, their ideal world is a purely capitalistic plutocracy with minimal government. That way they can pollute as much as they want and fuck the "little people" who would be nothing but virtual serfs.

Great country you have there. Mind if I take a swim in your mercury lake? Ohh wait, I have to pay you $1,000 for the privilege of becoming a mad hatter? Here you go, rich guy, you control everything anyway...
 
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LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Londo_Jowo said:
^^^ Please show me where increasing taxes will have a good effect on the economy.
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Wow, that economy back in the 1950->2001 really sucked, huh? Those evil higher tax rates really caused 20% unemployment, right?

How did we ever build this country without a low marginal tax bracket and giving the richest people a huge tax advantage? How did anything get done with a 90% top marginal tax bracket?

Nice strawman there assclown.
 
Londo_Jowo

Londo_Jowo

Lifer
Jan 31, 2010
17,303
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I don't mind seeing oil prices increase as it means the oil companies have more to reinvest. We're booming right now (have a backlog through the 1st quarter next year) and are hiring. Imagine the effect of keeping the tax rates where they are will do to improve this situation.
 
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LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Londo_Jowo said:
I don't mind seeing oil prices increase as it means the oil companies have more to reinvest. We're booming right now (have a backlog through the 1st quarter next year) and are hiring. Imagine the effect of keeping the tax rates where they are will do to improve this situation.
Click to expand...

Yeah, imagine. Because that's the only effect it will have...in your imagination.
 
ericlp

ericlp

Diamond Member
Dec 24, 2000
6,137
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Well, regardless of what we assume the 2% will or will not do with their money....

What peeves me most is that 98% is going right along with the 2% hook line and sinker....

I mean... Hey! You guys voted the republicans back in... So... What did you expect? Of course they are gonna jump right back on the "bush" bandwagon. Did you really expect much difference?
 
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LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
ericlp said:
Well, regardless of what we assume the 2% will or will not do with their money....

What peeves me most is that 98% is going right along with the 2% hook line and sinker....

I mean... Hey! You guys voted the republicans back in... So... What did you expect? Of course they are gonna jump right back on the "bush" bandwagon. Did you really expect much difference?
Click to expand...

It baffles me also. The 98% really think that it's in their best interest to right along with the 2%. Yet the last 30 years of data showing 2% wealth aggregation and 98% stagnation while investing *in* the country has taken a back seat to investing out of the country (jobs and otherwise), shows that the interests are not in alignment.

But, as Londo-Blowjobo shows, morons don't let data stand in the way of imagination.
 
nobodyknows

nobodyknows

Diamond Member
Sep 28, 2008
5,474
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0
Londo_Jowo said:
Yes, god forbid that people like the Koch Brothers having money to reinvest in their companies. Wouldn't want to have more people employed that either supply goods or services to these same said companies. Better to ship all these companies to Mexico.
Click to expand...

We've had these tax breaks for how many years and all the companies that can have already moved to Mexico. Hell, some of them even left Mexico for China. I suppose the taxes in Mexico were too high also?? ROFLMAO@U
 
Londo_Jowo

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
Understand this, the Democrats were voted out of office because the majority of Americans felt they couldn't or wouldn't do the right things to get the economy moving in the right direction.
 
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