Republicans STILL don't have a clue.

techs

Lifer
Sep 26, 2000
28,559
4
0
http://www.foxnews.com/politic...ter-proposal-stimulus/

An economic stimulus bill pushed by Republicans in the House would shift focus entirely from spending to tax relief.




What? Gee, more borrow and tax cut? Isn't that what got us into this mess?
Obama and the Dems are going to use money to actually create things like bridges, infrastructure, jobs, etc. The Republicans still want to give people a few extra bucks to ship to China.
Did the Republicans fall asleep on election night? And in their misguided minds do they really believe their plan is good for the country?
Geez, Republicanism these days is akin to a mental disease.
 

smashp

Platinum Member
Aug 30, 2003
2,443
0
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yup because in these days of dwindling corporate profits and rising corporate loses, cutting taxes on the non-existent profit will aid in economic recovery.

they are a dying party full of Fail
 

Strk

Lifer
Nov 23, 2003
10,197
4
76
They didn't seem to have issues when they were their spending bills setting records.
 

sactoking

Diamond Member
Sep 24, 2007
7,634
2,894
136
I am, for the most part, fiscally conservative. I agree that corporate tax breaks are NOT the way to go. Just look at where our tax revenue has been shifted over the years:


.......................................1960.........1975........1994........2007
Individual Income Tax...........44%.........45%.........43%........46%
Social Insurance Tax.............16............32............37...........34
Corporate Tax......................23.............15...........11...........13
Other...................................17..............8.............9.............7
Total...................................100%.......100%........100%......100%

(Source: Council of Economic Advisors, Economic Indicators (Washington, DC: U.S. Government Printing Office, 1967, 1977, 2007))
 

OCGuy

Lifer
Jul 12, 2000
27,224
37
91
Oh no! Not those evil corporations! Not the entities that actually employ people!
 

GTKeeper

Golden Member
Apr 14, 2005
1,118
0
0
Originally posted by: Ocguy31
Oh no! Not those evil corporations! Not the entities that actually employ people!

If I need a GOP Parrot, Ill buy one and train it.
 

Genx87

Lifer
Apr 8, 2002
41,091
513
126
Yeah terrible letting people keep more of their hard earned money isnt it? What are those republicans thinking?
 

Kadarin

Lifer
Nov 23, 2001
44,296
16
81
Originally posted by: Genx87
Yeah terrible letting people keep more of their hard earned money isnt it? What are those republicans thinking?

The problem is that for republicans, "people" means "very rich people". Us middle class types don't really count.
 

Genx87

Lifer
Apr 8, 2002
41,091
513
126
Originally posted by: Kadarin
Originally posted by: Genx87
Yeah terrible letting people keep more of their hard earned money isnt it? What are those republicans thinking?

The problem is that for republicans, "people" means "very rich people". Us middle class types don't really count.

Well that happens when you tilt the progressive tax system so much that a certain % of the population isnt eligible to pay. In our case under Bush he progressed it so much nearly 50% of the people pay little to no federal income tax.
 

OCGuy

Lifer
Jul 12, 2000
27,224
37
91
Originally posted by: GTKeeper
Originally posted by: Ocguy31
Oh no! Not those evil corporations! Not the entities that actually employ people!

If I need a GOP Parrot, Ill buy one and train it.

*high five*



No, you are right. I think all corporations should be shut down immediately.



Where do you work again?
 

jackschmittusa

Diamond Member
Apr 16, 2003
5,972
1
0
Tax cuts for the unemployed will help them a lot.

Tax cuts for those facing foreclosure will fix it for them.

And tax cuts for the billions in banker bonuses would be awful for them.
 

GTKeeper

Golden Member
Apr 14, 2005
1,118
0
0
Originally posted by: Ocguy31
Originally posted by: GTKeeper
Originally posted by: Ocguy31
Oh no! Not those evil corporations! Not the entities that actually employ people!

If I need a GOP Parrot, Ill buy one and train it.

*high five*
No, you are right. I think all corporations should be shut down immediately.
Where do you work again?

Did I say all corporations should be shut down immediately?

And since you know all the facts, why don't you enlighten us on what should be done instead of spitting out this partisan drivel thats just a repeat of the headlines I can find from conservative news sources. But wait, you can't, because you have nothing insightful or original to say.
 

Atreus21

Lifer
Aug 21, 2007
12,001
571
126
Originally posted by: techs[/i]

What? Gee, more borrow and tax cut? Isn't that what got us into this mess?

Well no, not really. That'd be the subprime crash.

Obama and the Dems are going to use money to actually create things like bridges, infrastructure, jobs, etc. The Republicans still want to give people a few extra bucks to ship to China.

So you're establishing the premise that people don't know how to spend their money? I'd bet a majority of the proposed tax cuts are to businesses, and that's a good thing.

Did the Republicans fall asleep on election night? And in their misguided minds do they really believe their plan is good for the country?

No, and yes.

 

OCGuy

Lifer
Jul 12, 2000
27,224
37
91
Originally posted by: GTKeeper
Originally posted by: Ocguy31
Originally posted by: GTKeeper
Originally posted by: Ocguy31
Oh no! Not those evil corporations! Not the entities that actually employ people!

If I need a GOP Parrot, Ill buy one and train it.

*high five*
No, you are right. I think all corporations should be shut down immediately.
Where do you work again?

Did I say all corporations should be shut down immediately?

And since you know all the facts, why don't you enlighten us on what should be done instead of spitting out this partisan drivel thats just a repeat of the headlines I can find from conservative news sources. But wait, you can't, because you have nothing insightful or original to say.


As opposed to your contribution to this thread? LOL.


It is ok though. Keep being that scorpion stinging the frog (job creators).
 

irwincur

Golden Member
Jul 8, 2002
1,899
0
0
The problem with this is that spending may create a few jobs, but they are typically low paying and short lived. Is the government going to employ indefinitely for work that for the most part can be completed in a relatively short period of time? What then, fire everyone and start over with another pork bill to 'stimulate' more short term employment. It is not a long term solution to employment.

On the other hand, as stated above, look at who actually employs people. I own a business, and trust me, right now there are no incentives for me to hire. I have more government costs, taxes do go up when payroll taxes are increased (like SS), and it is likely that the costs of this bill will probably have the effect of increasing corporate taxes. Trust me, corporate taxes are not killing me, it is payroll taxes (those for me and my employees) and other government 'taxes' - like required licenses, fees, etc...

This is a fundamental difference in views. But there is historic fact behind tax cuts reducing the impact of a recession. In every case, tax cuts have increased revenue to the treasury. Tax increases have a short front loaded impact and then a deep negative impact - typically another recession. Which in turn leads to more increases to cover the treasurly losses. In no case, has an increase in spending ever, EVER, increased government revenue.

For those that simply hate business and think they are all corrupt. Look around. I would say that 99% of businesses are more concerned with their employees welfare than anything else. I know that I am. I feel terrible that I have to reduce hours, or cut wages. But, I also reduce mine first to do what needs to be done to get by. For those that do not or have not owned a business, I would not expect you to understand. But, I work 80 or more hours a week to make sure that I can succeed, and to see the government make it easier for people to be lazy makes me sick. At this point in time, there are more reasons not to own a business than there are to own one. Probably something the Democrats are aiming for.


Remember people create jobs through hard work and ingenuity - the government only creates jobs that feed its growing appetite.
 

Mursilis

Diamond Member
Mar 11, 2001
7,756
11
81
Originally posted by: techs
http://www.foxnews.com/politic...ter-proposal-stimulus/

An economic stimulus bill pushed by Republicans in the House would shift focus entirely from spending to tax relief.




What? Gee, more borrow and tax cut? Isn't that what got us into this mess?
Obama and the Dems are going to use money to actually create things like bridges, infrastructure, jobs, etc. The Republicans still want to give people a few extra bucks to ship to China.
Did the Republicans fall asleep on election night? And in their misguided minds do they really believe their plan is good for the country?
Geez, Republicanism these days is akin to a mental disease.

Why are you even whining about Republicans anyways? Hasn't the electorate already issued its opinion on Republican relevance these days? A GOP stimulus proposal has all the relevance of free birth control in a convent, but you're still whining about it? :roll: Grow up.
 

dainthomas

Lifer
Dec 7, 2004
14,907
3,882
136
Originally posted by: Atreus21

So you're establishing the premise that people don't know how to spend their money?

If I tried building a bridge or highway on my own, it would completely suck. So yes, the government does know how to spend my money better than me.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
They should implement some kind of startup incentive, cut capital gains for startup companies and looser loss carryforward rules for startups. I guarantee you with all this newly base of unemployed human capital there will be ideas floating around and new ventures started, and tax incentives for those businesses may light some fire.
 

Mursilis

Diamond Member
Mar 11, 2001
7,756
11
81
Originally posted by: Kadarin
Originally posted by: Genx87
Yeah terrible letting people keep more of their hard earned money isnt it? What are those republicans thinking?

The problem is that for republicans, "people" means "very rich people". Us middle class types don't really count.

Which party controlled the Congress who bailed out rich Wall Street bankers? Couldn't have been the Dems, could it? You really think they're much different?