WTF?! Shrub wants more tax cuts! Put the future aside.

[ReiAyanami]

http://www.cnn.com/2004/ALLPOLITICS/02/16/elec04.prez.bush.florida.ap/index.html

National Debt crosses $7 TRILLION just two weeks ago and he want's to pass more tax cuts?!

i don't mind having more money in my pocket, but this is ridiculous. this shrub wants to destroy our government from the inside. fiscal implosion imminent, leave no billionaire behind!!

 

[ReiAyanami]

A huge national debt plus big budget deficit proves:

A) The government is under-taxing us.
B) The government is over-spending.
C) Both.
D) Screw dat, more bling for me.

 

[Dissipate]

Originally posted by: ReiAyanami
A huge national debt plus big budget deficit proves:

A) The government is under-taxing us.
B) The government is over-spending.
C) Both.
D) Screw dat, more bling for me.

The government isn't undertaxing us. It is simply overspending.

 

[charrison]

Originally posted by: ReiAyanami
A huge national debt plus big budget deficit proves:

A) The government is under-taxing us.
B) The government is over-spending.
C) Both.
D) Screw dat, more bling for me.

B

WHen the goverment proves it can live within its means, I will gladly accept a tax increase. Until then...

 

[CADsortaGUY]

Originally posted by: charrison

Originally posted by: ReiAyanami
A huge national debt plus big budget deficit proves:

A) The government is under-taxing us.
B) The government is over-spending.
C) Both.
D) Screw dat, more bling for me.

B

WHen the goverment proves it can live within its means, I will gladly accept a tax increase. Until then...

"

CkG

 

[Jhhnn]

C. is the obvious answer, at least if we compare our situation to the rest of the first world- and we do want to be part of the first world, right?

That won't happen with a tax, income, debt and wealth distribution picture along the lines of the third world, which is where the current leadership is taking us...

I'll take the opposite pov from Charrison- when the govt develops an honest surplus, we'll be able to justify tax reductions- we haven't had real tax cuts, anyway, just tax deferments...

 

[dahunan]

How can they give back moare and SPEND MORE too...

Is this for real?

 

[charrison]

Originally posted by: Jhhnn
C. is the obvious answer, at least if we compare our situation to the rest of the first world- and we do want to be part of the first world, right?

That won't happen with a tax, income, debt and wealth distribution picture along the lines of the third world, which is where the current leadership is taking us...

I'll take the opposite pov from Charrison- when the govt develops an honest surplus, we'll be able to justify tax reductions- we haven't had real tax cuts, anyway, just tax deferments...

However, you forget the more we send to DC, the more that the folks in DC spend.

 

[burnedout]

What ever happened to the Gramm-Rudman-Hollings Act?

 

[Red Dawn]

Does the deficit include the Hundreds of Billions of Dollars Bushes excellent adventure in Iraq is going to cost the American Taxpayers?

 

[Spencer278]

Originally posted by: charrison

Originally posted by: Jhhnn
C. is the obvious answer, at least if we compare our situation to the rest of the first world- and we do want to be part of the first world, right?

That won't happen with a tax, income, debt and wealth distribution picture along the lines of the third world, which is where the current leadership is taking us...

I'll take the opposite pov from Charrison- when the govt develops an honest surplus, we'll be able to justify tax reductions- we haven't had real tax cuts, anyway, just tax deferments...

However, you forget the more we send to DC, the more that the folks in DC spend.

Only when a republician is in the white house.

 

[charrison]

Originally posted by: Spencer278

Originally posted by: charrison

Originally posted by: Jhhnn
C. is the obvious answer, at least if we compare our situation to the rest of the first world- and we do want to be part of the first world, right?

That won't happen with a tax, income, debt and wealth distribution picture along the lines of the third world, which is where the current leadership is taking us...

I'll take the opposite pov from Charrison- when the govt develops an honest surplus, we'll be able to justify tax reductions- we haven't had real tax cuts, anyway, just tax deferments...

However, you forget the more we send to DC, the more that the folks in DC spend.

Only when a republician is in the white house.

The last time our debt actually contract was over 40 years ago.. and that for one year. Both parties have money problems.

 

[BugsBunny1078]

Originally posted by: dahunan
How can they give back moare and SPEND MORE too...

Is this for real?

It is like deferring a loan payment. You still have to pay it just you have to pay it later.noone is saving any money the interest is piling up though.

 

[Dissipate]

Originally posted by: BugsBunny1078

Originally posted by: dahunan
How can they give back moare and SPEND MORE too...

Is this for real?

It is like deferring a loan payment. You still have to pay it just you have to pay it later.noone is saving any money the interest is piling up though.

Yep. What will happen is the interest on the national debt will consume more of the budget. Right now interest on the national debt consumes about 12% of the national budget, after these huge deficits who knows, it could reach 13-14% of the budget. When it hits 20%+ of the budget people may start to understand the gravity of the situation.

 

[Jhhnn]

"The last time our debt actually contract was over 40 years ago.. and that for one year. Both parties have money problems."

Sort of, Maybe- the debt has exploded under the last three Republican administrations, however. And while that's happening, they're actually cutting domestic programs to finance huge military expenditures and tax cuts mostly for the wealthy. Slipping the govt into a silk-lined straightjacket is part of their longterm strategy, anyway...

Here, you may not like the source or their spin, but the numbers are usually impeccable-

http://www.wsws.org/articles/2004/feb2004/budg-f14.shtml

 

[Dissipate]

Originally posted by: charrison

Originally posted by: Spencer278

Originally posted by: charrison

Originally posted by: Jhhnn
C. is the obvious answer, at least if we compare our situation to the rest of the first world- and we do want to be part of the first world, right?

That won't happen with a tax, income, debt and wealth distribution picture along the lines of the third world, which is where the current leadership is taking us...

I'll take the opposite pov from Charrison- when the govt develops an honest surplus, we'll be able to justify tax reductions- we haven't had real tax cuts, anyway, just tax deferments...

However, you forget the more we send to DC, the more that the folks in DC spend.

Only when a republician is in the white house.

The last time our debt actually contract was over 40 years ago.. and that for one year. Both parties have money problems.

There was only one president in history who paid off the national debt. It was Andrew Jackson about 150 years ago.

 

[GoPackGo]

You know what I'd like to see?

Citizens paying a little more in taxes.

Big Tax Breaks for SMALL BUSINESS

HUGE TAXES for Corporations

I get sick and tired of corporations screwing everyone. If you have a good and honest huge corporation (haha right no such thing)

Jobs will transfer from large to small companies. Jobs will stay here. We need to bring manufacturing back to the US!

I can dream can't I?

 

[GoPackGo]

Originally posted by: Dissipate

Originally posted by: charrison

Originally posted by: Spencer278

Originally posted by: charrison

Originally posted by: Jhhnn
C. is the obvious answer, at least if we compare our situation to the rest of the first world- and we do want to be part of the first world, right?

That won't happen with a tax, income, debt and wealth distribution picture along the lines of the third world, which is where the current leadership is taking us...

I'll take the opposite pov from Charrison- when the govt develops an honest surplus, we'll be able to justify tax reductions- we haven't had real tax cuts, anyway, just tax deferments...

However, you forget the more we send to DC, the more that the folks in DC spend.

Only when a republician is in the white house.

The last time our debt actually contract was over 40 years ago.. and that for one year. Both parties have money problems.

There was only one president in history who paid off the national debt. It was Andrew Jackson about 150 years ago.

But it was only $20...hence the homage

 

[Dissipate]

Originally posted by: GoPackGo
You know what I'd like to see?

Citizens paying a little more in taxes.

Big Tax Breaks for SMALL BUSINESS

HUGE TAXES for Corporations

I get sick and tired of corporations screwing everyone. If you have a good and honest huge corporation (haha right no such thing)

Jobs will transfer from large to small companies. Jobs will stay here. We need to bring manufacturing back to the US!

I can dream can't I?

Huge taxes for corporations that employ millions of Americans? Hey buddy, you can sacrifice your job in the name of huge taxes, I'd like to keep mine, thank you.

 

[charrison]

Originally posted by: Dissipate

Originally posted by: GoPackGo
You know what I'd like to see?

Citizens paying a little more in taxes.

Big Tax Breaks for SMALL BUSINESS

HUGE TAXES for Corporations

I get sick and tired of corporations screwing everyone. If you have a good and honest huge corporation (haha right no such thing)

Jobs will transfer from large to small companies. Jobs will stay here. We need to bring manufacturing back to the US!

I can dream can't I?

Huge taxes for corporations that employ millions of Americans? Hey buddy, you can sacrifice your job in the name of huge taxes, I'd like to keep mine, thank you.

Raise taxes on corperations and watch them leave the country.

 

[GoPackGo]

Originally posted by: charrison

Originally posted by: Dissipate

Originally posted by: GoPackGo
You know what I'd like to see?

Citizens paying a little more in taxes.

Big Tax Breaks for SMALL BUSINESS

HUGE TAXES for Corporations

I get sick and tired of corporations screwing everyone. If you have a good and honest huge corporation (haha right no such thing)

Jobs will transfer from large to small companies. Jobs will stay here. We need to bring manufacturing back to the US!

I can dream can't I?

Huge taxes for corporations that employ millions of Americans? Hey buddy, you can sacrifice your job in the name of huge taxes, I'd like to keep mine, thank you.

Raise taxes on corperations and watch them leave the country.

Yup...buh bye to them to...at some point the likes of Walmart, Best Buy, AT&T, AOLTime Warner have to be told...we're mad as hell, and we're not gonna take it anymore

 

[Dissipate]

Originally posted by: GoPackGo

Originally posted by: charrison

Originally posted by: Dissipate

Originally posted by: GoPackGo
You know what I'd like to see?

Citizens paying a little more in taxes.

Big Tax Breaks for SMALL BUSINESS

HUGE TAXES for Corporations

I get sick and tired of corporations screwing everyone. If you have a good and honest huge corporation (haha right no such thing)

Jobs will transfer from large to small companies. Jobs will stay here. We need to bring manufacturing back to the US!

I can dream can't I?

Huge taxes for corporations that employ millions of Americans? Hey buddy, you can sacrifice your job in the name of huge taxes, I'd like to keep mine, thank you.

Raise taxes on corperations and watch them leave the country.

Yup...buh bye to them to...at some point the likes of Walmart, Best Buy, AT&T, AOLTime Warner have to be told...we're mad as hell, and we're not gonna take it anymore

Uh huh. And after millions of Americans lose their jobs and the economy goes in the toilet, then what? Oh yeah, you REALLY told them.

 

[chowderhead]

Originally posted by: charrison

Originally posted by: Dissipate

Originally posted by: GoPackGo
You know what I'd like to see?

Citizens paying a little more in taxes.

Big Tax Breaks for SMALL BUSINESS

HUGE TAXES for Corporations

I get sick and tired of corporations screwing everyone. If you have a good and honest huge corporation (haha right no such thing)

Jobs will transfer from large to small companies. Jobs will stay here. We need to bring manufacturing back to the US!

I can dream can't I?

Huge taxes for corporations that employ millions of Americans? Hey buddy, you can sacrifice your job in the name of huge taxes, I'd like to keep mine, thank you.

Raise taxes on corperations and watch them leave the country.

Lower taxes on businesses and watch them .... outsource like there is no tomorrow. Look. I am not for excessive taxes on businesses but shouldn't we discourage any tax incentives for businesses to move jobs overseas or incorporate in some tax shelter off-shore?

 

[tallest1]

Originally posted by: charrison

Originally posted by: Dissipate

Originally posted by: GoPackGo
You know what I'd like to see?

Citizens paying a little more in taxes.

Big Tax Breaks for SMALL BUSINESS

HUGE TAXES for Corporations

I get sick and tired of corporations screwing everyone. If you have a good and honest huge corporation (haha right no such thing)

Jobs will transfer from large to small companies. Jobs will stay here. We need to bring manufacturing back to the US!

I can dream can't I?

Huge taxes for corporations that employ millions of Americans? Hey buddy, you can sacrifice your job in the name of huge taxes, I'd like to keep mine, thank you.

Raise taxes on corperations and watch them leave the country.

Um, we could lower taxes for corporations and they'd still leave the country for as long as theres cheap labor/manufacturing elsewhere

 

[charrison]

Originally posted by: tallest1

Originally posted by: charrison

Originally posted by: Dissipate

Originally posted by: GoPackGo
You know what I'd like to see?

Citizens paying a little more in taxes.

Big Tax Breaks for SMALL BUSINESS

HUGE TAXES for Corporations

I get sick and tired of corporations screwing everyone. If you have a good and honest huge corporation (haha right no such thing)

Jobs will transfer from large to small companies. Jobs will stay here. We need to bring manufacturing back to the US!

I can dream can't I?

Huge taxes for corporations that employ millions of Americans? Hey buddy, you can sacrifice your job in the name of huge taxes, I'd like to keep mine, thank you.

Raise taxes on corperations and watch them leave the country.

Um, we could lower taxes for corporations and they'd still leave the country for as long as theres cheap labor/manufacturing elsewhere

Not really. There are costs associated with moving labor to other parts of the world. We need to work with our companies, not against them.