This is the FUNNIEST thing I have heard in a long while.

[techs]

http://www.nytimes.com/2005/11/04/politics/04spend.html
Senate Passes Budget With Benefit Cuts and Oil Drilling

Senator Judd Gregg, Republican of New Hampshire, the chairman of the Senate Budget Committee, said, "This bill is a reflection of the Republican Congress's commitment to pursue a path of fiscal responsibility."

It will, Mr. Gregg said, reduce the deficit and save roughly $35 billion over the next five years
at the same time:
Republicans... plan to cut taxes by $70 billion later this year.

HaHaHa. Save 7 Billion a year in a 350 billion deficit? Plus plans to give a 70 billion dollar tax cut? Comes to an INCREASE in the deficit.
Just hilarious

 

[EatSpam]

Shhh... don't bother the true believers. For them, fiscal responsibility = deficits don't matter.

 

[ShadesOfGrey]

Don't know much about Economics do you.

 

[EatSpam]

Originally posted by: ShadesOfGrey
Don't know much about Economics do you.

Well, please enlighten us then.

 

[ShadesOfGrey]

Originally posted by: EatSpam

Originally posted by: ShadesOfGrey
Don't know much about Economics do you.

Well, please enlighten us then.

Well, taxcuts have this nasty habbit of actually increasing revenue, so while you two yuck it up, those of us who look past the surface understand the positives of doing such things.

Go ahead and laugh it up though.

 

[EatSpam]

Originally posted by: ShadesOfGrey

Originally posted by: EatSpam

Originally posted by: ShadesOfGrey
Don't know much about Economics do you.

Well, please enlighten us then.

Well, taxcuts have this nasty habbit of actually increasing revenue, so while you two yuck it up, those of us who look past the surface understand the positives of doing such things.

Go ahead and laugh it up though.

If tax cuts were that great at producing revenue, we wouldn't be 8 trillion+ in the hole. Stealing from the poor and giving to the rich is a failed concept.

 

[ShadesOfGrey]

Originally posted by: EatSpam
Stealing from the poor and giving to the rich is a failed concept.

HAHAHAHAHA!!!! Since when do the poor pay taxes? Since when does the tax money go from the bottom to the top?
Seems to me that the top 50% of tax payers pay over 95% of all income tax. Over 80% of all income taxes are paid by the top 25%. Don't even try to claim that taxcuts equate to stealing from the poor and giving to the rich.

It also seems you have a poor understanding of the National debt.

 

[EatSpam]

Originally posted by: ShadesOfGrey

Originally posted by: EatSpam
Stealing from the poor and giving to the rich is a failed concept.

HAHAHAHAHA!!!! Since when do the poor pay taxes? Since when does the tax money go from the bottom to the top?
Seems to me that the top 50% of tax payers pay over 95% of all income tax. Over 80% of all income taxes are paid by the top 25%. Don't even try to claim that taxcuts equate to stealing from the poor and giving to the rich.

It also seems you have a poor understanding of the National debt.

Link

WASHINGTON (AP) -- House Republicans voted to cut student loan subsidies, child support enforcement and aid to firms hurt by unfair trade practices as various committees scrambled to piece together $50 billion in budget cuts.

More politically difficult votes -- to cut Medicaid, food stamps and farm subsidies -- were on tap Thursday as more panels weigh in on the bill.

Link

Democrats generally opposed the bill because it allows the oil drilling and increases the deficit when coupled with a $70 billion tax cut bill that they say largely benefits well-off taxpayers.

So, lets see, cut programs for the poor and cut taxes for the rich. Might not fit the classic definition of "rob", but its typical of Compasionate Conservatism(tm). But who cares, right? Its not like Bill Gates, Dick Cheney, and other important Americans need student loans or health care, but the DO need another tax cut. Those poor poor rich folks. My wallet aches for them.

 

[Wheezer]

Originally posted by: EatSpam

Originally posted by: ShadesOfGrey

Originally posted by: EatSpam

Originally posted by: ShadesOfGrey
Don't know much about Economics do you.

Well, please enlighten us then.

Well, taxcuts have this nasty habbit of actually increasing revenue, so while you two yuck it up, those of us who look past the surface understand the positives of doing such things.

Go ahead and laugh it up though.

If tax cuts were that great at producing revenue, we wouldn't be 8 trillion+ in the hole. Stealing from the poor and giving to the rich is a failed concept.

This is what pisses me off so much about people who think like you do. I, by no means am rich I hope that someday I am but hey as long as I have what I NEED and can occasionaly get what I WANT then I am happy.

Why do statements such as yours above make me ill? Well see like it or not people do not just become rich overnight (unless you win the lotttery) SOMEONE had to work for it so why shouldn't they reap the rewards? If they know where to put thier money so they can get breaks on taxes then why not? Wouldn't you? If not then no wonder you are not rich.
Believe it or not the "poor" have plenty of benefits..how do I know? I know people at or below the poverty line and guess what?

1- They get free medical care
2- Free schooling in some cases
3- Assistance for food
4- Assistance for housing
5- Genereous tax benefits on thier returns
***all with my money mind you****

And yes they do choose to be that way. Why? well look at the list above...it is very easy for someone to forsake thier self respect to gain those benefits why not? the more they save at the hospital and the grocery store the more beer and cigarettes they can buy...I see it happen all the time. I know a guy who knocked up his girlfriend and they waited to get mairried AFTER the baby was born so it would cost them little if anything for medical (and he made 35,000) so I have seen people manipulate the system to a disgusting degree. (I watched a woman purchase soup bones for her dog with a welfare card...it is classified as a food product so therefore he dog gets assistance too) And yes I was an a$$hole and let her know how I felt about it.

These taxcuts do help the middle class...I know I am one.

Do I donate to others with my extra money? Hell no...(maybe around Christmas time) why should I ...I sock all I can into my 401k because someday someone like you will get into office and raise my taxes and I need to think about 30 years from now when I am ready to retire. you are not going to look out for me...and I don't expect you to either.

 

[EatSpam]

Originally posted by: Wheezer

Originally posted by: EatSpam

Originally posted by: ShadesOfGrey

Originally posted by: EatSpam

Originally posted by: ShadesOfGrey
Don't know much about Economics do you.

Well, please enlighten us then.

Well, taxcuts have this nasty habbit of actually increasing revenue, so while you two yuck it up, those of us who look past the surface understand the positives of doing such things.

Go ahead and laugh it up though.

If tax cuts were that great at producing revenue, we wouldn't be 8 trillion+ in the hole. Stealing from the poor and giving to the rich is a failed concept.

This is what pisses me off so much about people who think like you do. I, by no means am rich I hope that someday I am but hey as long as I have what I NEED and can occasionaly get what I WANT then I am happy.

Same here, but giving away more tax revenue to the rich (who already have more money than a million of you and I), will not help anything. We need to pay off this crazy deficit and get spending in line with our tax revenue, then everyone can get a real tax cut, not just a loan on my son's future earnings.

 

[Todd33]

I hear if you cut taxes to 0% revenues will skyrocket.

 

[judasmachine]

say one thing, do the other, and your base will believe you hook, line, and sinker.

 

[JEDIYoda]

Originally posted by: techs
http://www.nytimes.com/2005/11/04/politics/04spend.html
Senate Passes Budget With Benefit Cuts and Oil Drilling

Senator Judd Gregg, Republican of New Hampshire, the chairman of the Senate Budget Committee, said, "This bill is a reflection of the Republican Congress's commitment to pursue a path of fiscal responsibility."

It will, Mr. Gregg said, reduce the deficit and save roughly $35 billion over the next five years
at the same time:
Republicans... plan to cut taxes by $70 billion later this year.

HaHaHa. Save 7 Billion a year in a 350 billion deficit? Plus plans to give a 70 billion dollar tax cut? Comes to an INCREASE in the deficit.
Just hilarious

Ya know I wasn`t going to comment becuase its obvious by your reaction you have no clue about how econimics work.
Plus you actually are feeding the flames of mis-information in order to get the little kiddies who hate the present administration up in arms for no worthwhile call!
Except to humor your need to watch a flame war take place!
Unless you understand econimics which I will say again is a bit more complex than the simple examples which I am sure you will give to try to explain away my comments.....

God I feel sorry for the sheep of this forum..........

 

[Todd33]

You sound like the "experts" on TV and congress that said raising taxes in 1993 would cause a recession. You guys were all wrong then and what proof do you have now that cutting taxes will help? The past three tax cuts have done little but boost the debt and increase ownership of the US by the Chinese.

 

[imported_Gimli]

I always like how people are always crying the sky is falling because the U.S. has a huge deficit, my opinion is so what? We will work ourselves out of this problem, but raising taxes or keeping taxes at high level (created by Big Government) which seems to be the Democrats way of doing things isn't the solution. While I wish we had a better Republican President in office and a Senate/Congress that could work together to cut taxes, stop being big government, stop meddling in other governments (Iraq), and actually capture terrorists instead of scaring the general public everytime there is a mention of a terrorism by those nut jobs, then maybe things would start to turn around.

 

[ntdz]

Originally posted by: EatSpam

Originally posted by: ShadesOfGrey

Originally posted by: EatSpam

Originally posted by: ShadesOfGrey
Don't know much about Economics do you.

Well, please enlighten us then.

Well, taxcuts have this nasty habbit of actually increasing revenue, so while you two yuck it up, those of us who look past the surface understand the positives of doing such things.

Go ahead and laugh it up though.

If tax cuts were that great at producing revenue, we wouldn't be 8 trillion+ in the hole. Stealing from the poor and giving to the rich is a failed concept.

If I'm not mistaken, the government is taking in record amounts of revenue. So that argument is wrong. Bush and congress are just spending waaaaay too much...

 

[her209]

Its like saying, "We were planning on spending $400 billion. We only wound up spending $370 billion and thus saved the you, the American people, $30 billion."

 

[Moonbeam]

I won't be happy till I have everything and everybody else has nothing.

Lower taxes stimulate more revenue so no taxes will make the US rich.

I was luck to be born where my talent and greed, I mean ambition, allowed me to amass a fortune whereas a Chinese peasant that works much harder makes a dollar a month. That is why I owe nobody nutten. I am where I am because of virtue. My only regret is that I have to donate to lobby groups to keep things this way. It is so obviously, actually, that I am a god that should be worshiped. All things should be left at my alter.

The emptiness of self hate demands to be filled. You owe me, sucker.

 

[Wheezer]

Originally posted by: Moonbeam
I won't be happy till I have everything and everybody else has nothing.

Lower taxes stimulate more revenue so no taxes will make the US rich.

I was luck to be born where my talent and greed, I mean ambition, allowed me to amass a fortune whereas a Chinese peasant that works much harder makes a dollar a month. That is why I owe nobody nutten. I am where I am because of virtue. My only regret is that I have to donate to lobby groups to keep things this way. It is so obviously, actually, that I am a god that should be worshiped. All things should be left at my alter.

The emptiness of self hate demands to be filled. You owe me, sucker.

You know moonbeam maybe you should put your money where your mouth is...instead of paying your ISP a monthly fee, why not give that money to some poor slob who has little or nothing to thier name......you have posted 24490 various messages...perhaps donating some time to a worthy cause might not hurt either.

 

[feralkid]

Originally posted by: Wheezer

Originally posted by: EatSpam

Originally posted by: ShadesOfGrey

Originally posted by: EatSpam

Originally posted by: ShadesOfGrey
Don't know much about Economics do you.

Well, please enlighten us then.

Well, taxcuts have this nasty habbit of actually increasing revenue, so while you two yuck it up, those of us who look past the surface understand the positives of doing such things.

Go ahead and laugh it up though.

If tax cuts were that great at producing revenue, we wouldn't be 8 trillion+ in the hole. Stealing from the poor and giving to the rich is a failed concept.

This is what pisses me off so much about people who think like you do. I, by no means am rich I hope that someday I am but hey as long as I have what I NEED and can occasionaly get what I WANT then I am happy.

Why do statements such as yours above make me ill? Well see like it or not people do not just become rich overnight (unless you win the lotttery) SOMEONE had to work for it so why shouldn't they reap the rewards? If they know where to put thier money so they can get breaks on taxes then why not? Wouldn't you? If not then no wonder you are not rich.
Believe it or not the "poor" have plenty of benefits..how do I know? I know people at or below the poverty line and guess what?

1- They get free medical care
2- Free schooling in some cases
3- Assistance for food
4- Assistance for housing
5- Genereous tax benefits on thier returns
***all with my money mind you****

And yes they do choose to be that way. Why? well look at the list above...it is very easy for someone to forsake thier self respect to gain those benefits why not? the more they save at the hospital and the grocery store the more beer and cigarettes they can buy...I see it happen all the time. I know a guy who knocked up his girlfriend and they waited to get mairried AFTER the baby was born so it would cost them little if anything for medical (and he made 35,000) so I have seen people manipulate the system to a disgusting degree. (I watched a woman purchase soup bones for her dog with a welfare card...it is classified as a food product so therefore he dog gets assistance too) And yes I was an a$$hole and let her know how I felt about it.

These taxcuts do help the middle class...I know I am one.

Do I donate to others with my extra money? Hell no...(maybe around Christmas time) why should I ...I sock all I can into my 401k because someday someone like you will get into office and raise my taxes and I need to think about 30 years from now when I am ready to retire. you are not going to look out for me...and I don't expect you to either.

:shocked:

Wow...too bad...all that money...no social conscience whatsoever.

Just because you admit being an "a$$hole" doesn't make you less insufferable.

Enjoy the fiery furnace of hell...you were wise to have booked early.

 

[techs]

???

 

[CaptnKirk]

Colorado is tiring of the GOP 'Tax and Spend Game' being played at the loss of service to the community

It's worth paying for after all - a warning to the Conservative Right:


In 1992, to the unmitigated glee of antitax types everywhere, Colorado voters amended the State Constitution to impose the nation's strictest tax and spending limits. On Tuesday, they decided that government was worth paying for after all. By 52 percent to 48 percent, they voted to suspend the fiscal limits for the next five years and told the state to keep $3.7 billion that would have otherwise been refunded to taxpayers.

The vote clearly has to do with the pain of a permanently underfinanced government. Middle-class and low-income residents were getting burned by ever deepening spending cuts in education, health care and transportation.

Colorado has the ninth-highest per capita personal income in the nation, and only Washington, D.C., and Massachusetts have larger proportions of college graduates. Yet over the past decade or so, Colorado has dropped to near the bottom among the states in funds for basic public services. Last November, Republicans lost control of both chambers of the Legislature for the first time since 1960, and Gov. Bill Owens, a Republican, then shocked his base by supporting the suspension of the budget restrictions.

Voters and legislators in nearly half the states are currently considering tax and spending limits, some of them quite severe, like Proposition 76 in California. Coloradans, who have the most experience with extreme budget constraints, have said "time out" and telegraphed their displeasure to elected officials. Taxpayers and politicians, including those in Washington, should take heed. This vote was a thumbs down on "starving the beast" - the Republican strategy of excessive tax cuts to force government to shrink.

 

[Strk]

If Reaganomics (Or trick-down, whatever you want to call it) work so well, why do they only produce massive deficits? Why isn't poverty decreasing?

Maybe Russ Fiengold will be our next president and fix this mess.

 

[shira]

Originally posted by: ShadesOfGrey

Originally posted by: EatSpam

Originally posted by: ShadesOfGrey
Don't know much about Economics do you.

Well, please enlighten us then.

Well, taxcuts have this nasty habbit of actually increasing revenue, so while you two yuck it up, those of us who look past the surface understand the positives of doing such things.

Go ahead and laugh it up though.

Oh, goody. Then by your reasoning, why not cut taxes by $1.1 TRILLION a year (effectively eliminating the entire income tax)?

According to you, since "tax cuts have this nasty habit of actually increasing revenue", a $1.1 trillion cut should work wonders for our economy. And if you do NOT support the complete elimination of income taxes, please explain to us in your oh-so-wise economics-expert voice why that would be a bad idea.

Or is it barely possible that there's a point beyond which tax cuts are counterproductive? And if that's so - if there's some level of taxes below which cutting them further would be bad - then how do you know we haven't already reached (and perhaps long-since passed) that point? Please gaze into your true-believer's crystal ball and explain to us why $70 billion in additional cuts is good but $1.5 trillion (or $800 billion, or whatever) in additional cuts would be bad.

 

[Strk]

Well, they do increase the revenue companies get to keep.....