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Thread: Tax reform

  1. #21
    Repete Pete's Avatar
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    Quote Originally Posted by Sapidus View Post
    Yes but in your example if you are getting a reduced tax rate and you therefore have an additional X dollars a month you aren't going to buy twice as much meat to feed your family.


    What you describe above is economics. The trickle down part is where republicans try to convince people they will benefit from corporate tax cuts by buying twice as much meat and stimulating the economy which is unproven
    No but you buy other goods and services because now you have more disposable income. Also employers have more revenue so wages can increase. Increased profits also increase dividends on stocks which grow retirement funds. Money that goes to the government goes there to die. Money back into the economy triggers growth.

  2. #22
    Quote Originally Posted by transporter View Post
    Nice thought...exceeding na´ve.

    That theory just doesn't hold water

    Your post is a lot of wishful thinking. it fails the reality test of
    Damn, Pete. Bam!...just.....Bam!

    ;-p
    You can't be a real country unless you have a beer and an airline. It helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer. -Frank Zappa

  3. #23
    Quote Originally Posted by Pete View Post
    No but you buy other goods and services because now you have more disposable income. Also employers have more revenue so wages can increase. Increased profits also increase dividends on stocks which grow retirement funds. Money that goes to the government goes there to die. Money back into the economy triggers growth.
    There is no proof of that. People carry less debt. That is the only thing proven. There is no evidence people Spend more or companies higher more.

  4. #24
    Quote Originally Posted by Sapidus View Post
    There is no proof of that. People carry less debt. That is the only thing proven. There is no evidence people Spend more or companies higher more.
    There is ONLY proof of that.
    You can't be a real country unless you have a beer and an airline. It helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer. -Frank Zappa

  5. #25
    Will you liberals please explain to me why you are suddenly for tax cuts and concerned about the national debt? When democrats had full control when Obama entered the White House in '09 they decided it was more important to take control of 1/6 of our economic, which resulted in higher taxes - particularly on the middle class - and criminal healthcare system.

    So, now they are suddenly talking about tax cuts for the middle class, and concern over the impact of the debt. Democrat control resulted in doubling of the national debt. Liberals don't give a damn about tax cuts for anyone, especially the middle class. They don't give a damn about the debt.

    So liberals, please answer... why now are you suddenly for tax cuts and concerned about the debt?
    "Never let the old man in." - Clint Eastwood quoting an old friend

  6. #26
    Quote Originally Posted by PsyOps View Post
    Will you liberals please explain to me why you are suddenly for tax cuts and concerned about the national debt? When democrats had full control when Obama entered the White House in '09 they decided it was more important to take control of 1/6 of our economic, which resulted in higher taxes - particularly on the middle class - and criminal healthcare system.

    So, now they are suddenly talking about tax cuts for the middle class, and concern over the impact of the debt. Democrat control resulted in doubling of the national debt. Liberals don't give a damn about tax cuts for anyone, especially the middle class. They don't give a damn about the debt.

    So liberals, please answer... why now are you suddenly for tax cuts and concerned about the debt?
    Government debt doesn't matter. As long as governments are borrowing money from privately owned banks who charge interest, the "debt" can literally never be paid off. The only ostensible argument is how big the debt should be and what letter is behind the name of the party deigned responsible.

    This notion of "government debt" is completely irrelevant.

  7. #27
    Quote Originally Posted by Starman View Post
    Government debt doesn't matter. As long as governments are borrowing money from privately owned banks who charge interest, the "debt" can literally never be paid off. The only ostensible argument is how big the debt should be and what letter is behind the name of the party deigned responsible.

    This notion of "government debt" is completely irrelevant.
    It's not irrelevant to democrats and using it as a talking point against this tax plan. Liberals are talking incessantly about what this tax plan will do to the debt, when they have NEVER cared about the debt. Now don't get me wrong, I don't think republicans care much about the debt. But many conservatives are very concerned of debt that overcomes the GDP and the long-term affect this has if/when the global economy falters.

    But, my question doesn't have anything to do with the debt's relevancy. My question is directed at liberals as to why they suddenly care about tax cuts or the debts, when it's never been a concern when they were in control and had an opportunity to lower taxes and address the debt.
    "Never let the old man in." - Clint Eastwood quoting an old friend

  8. #28
    Registered User
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    Quote Originally Posted by PsyOps View Post
    It's not irrelevant to democrats and using it as a talking point against this tax plan. Liberals are talking incessantly about what this tax plan will do to the debt, when they have NEVER cared about the debt. Now don't get me wrong, I don't think republicans care much about the debt. But many conservatives are very concerned of debt that overcomes the GDP and the long-term affect this has if/when the global economy falters.

    But, my question doesn't have anything to do with the debt's relevancy. My question is directed at liberals as to why they suddenly care about tax cuts or the debts, when it's never been a concern when they were in control and had an opportunity to lower taxes and address the debt.
    I hate to use Maryland as an example here, but.
    Taxes were steadily going up under O'Malley
    All kinds of users fees and registrations. He stripped the funds of their money and took it to run the State
    He even taxed the rain.

    Under Hogan we seem to be doing all right, and he hasn't raised the taxes and in fact has helped lower some of them.
    My question is this----WTF were the Democrats doing with the money?

  9. #29
    Quote Originally Posted by PsyOps View Post
    It's not irrelevant to democrats and using it as a talking point against this tax plan. Liberals are talking incessantly about what this tax plan will do to the debt, when they have NEVER cared about the debt. Now don't get me wrong, I don't think republicans care much about the debt. But many conservatives are very concerned of debt that overcomes the GDP and the long-term affect this has if/when the global economy falters.

    But, my question doesn't have anything to do with the debt's relevancy. My question is directed at liberals as to why they suddenly care about tax cuts or the debts, when it's never been a concern when they were in control and had an opportunity to lower taxes and address the debt.
    But the relevancy of debt gets directly at the issue you raised: it's a tool in the divide & conquer regime of the ruling class. Best to understand government debt and be able to ignore the propaganda.

  10. #30
    Quote Originally Posted by Hijinx View Post
    I hate to use Maryland as an example here, but.
    Taxes were steadily going up under O'Malley
    All kinds of users fees and registrations. He stripped the funds of their money and took it to run the State
    He even taxed the rain.

    Under Hogan we seem to be doing all right, and he hasn't raised the taxes and in fact has helped lower some of them.
    My question is this----WTF were the Democrats doing with the money?
    I don't want to get off track of my question. Why are liberals suddenly for tax cuts and concern for the debt when that has never been something they've cared much about? I mean, I know the overarching answer which is, their hand is forced to talk about it because republicans are actually going to do it; but it's been clear for decades (if not longer) that democrats, when in control, have never supported tax cuts and never cared about the debt.
    "Never let the old man in." - Clint Eastwood quoting an old friend

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