Bush Impeachment Hearing

[Lair]

Bush's tax cuts helped the deficit?

It's almost $400 BILLION right now. That's $400 BILLION that we (the taxpayers) owe.

How do you think it got that way?

[Lair]

That's not a flip-flop unless you are a simpleton.

McCain went from this:

"Sen. Obama will raise your taxes," McCain said. "I won't."

In a March 16 interview with Fox News' Sean Hannity, McCain said he would cut taxes where possible, and not raise them.

"Do you mean none?" Hannity asked.

"None," McCain replied.

To this:

Speaking with reporters on his campaign bus on July 9, he cited a need to shore up Social Security. "I cannot tell you what I would do, except to put everything on the table," he said.

He went a step farther Sunday on ABC's "This Week," in response to a question about payroll tax increases.

"There is nothing that's off the table. I have my positions, and I'll articulate them. But nothing's off the table," McCain said. "I don't want tax increases. But that doesn't mean that anything is off the table."

Looks pretty fucking floppy to me.

[Hallen]

McCain went from this:



To this:



Looks pretty fucking floppy to me.

You are missing the point. I wasn't arguing the floppy thing. All politicians do that. Plus, I am sure he was advised to not say "no new taxes" and then be forced to sign legislation later on and look like he broke his word like happened to other Presidents.

The point was that you were espousing that McCain said he would raise taxes. He didn't say that. The writer of the article wanted you to believe that is what McCain said and you swallowed it whole.

[Lair]

I believe what Mcain said.

He stated unequivocally that he WOULD NOT RAISE TAXES, and now he's changed his stance.

[rwh11385]

Bush's tax cuts helped the deficit?

It's almost $400 BILLION right now. That's $400 BILLION that we (the taxpayers) owe.

How do you think it got that way?

the economy took a hit after 9/11, the GLOBAL economy took a hit then, and the tax rate cuts helped to bring the economy back up, thus creating income to be taxed, and thus helping the problem.

spending you dolt. is it THAT hard to understand economics?



The yellow line would have been slower to recover without the tax rate cuts.

[gwb72tii]

ok, pls show me how tax cuts have ever "cost" the treasury, ie lowered taxes collected. seriously, please point me to the data that proves your point. wait, i'll save you time, cause all available data shows exactly the opposite. if you want to get into tax data, by all means. the "rich" today pay the largest % of taxes collected ever, under any president.

not voting for mccain because he changed positions on issues then means you obviously won't vote for O man either, right?

i'm waiting

u r so sure that tax cuts mean lower tax revenue, please show me or link me.

come on.....

[rwh11385]

see, look how things would have been if spending was only growing at the rate between 82 and 01 or 92 and 01... there would be a surplus now and for the last year or two.

[Hallen]

I believe what Mcain said.

He stated unequivocally that he WOULD NOT RAISE TAXES, and now he's changed his stance.

You really are grabbing at straws, aren't you? So I guess you aren't voting for either major candidate then are you? Obama lies in just about everything he says. He just says it pretty (at least in his prepared speeches... he blunders a lot when speaking off the cuff) so all the people who refuse to actually look at something other than the surface think he is the next coming of Gandhi or something.

It's funny how so many liberals call themselves "moderates". It is just one more way to shift the boundaries of reality a little further to the left all the time.

[Lair]

spending you dolt. is it THAT hard to understand economics?

Spending without income = record deficit, you dumbass.


Is it THAT hard to understand economics?

[Lair]

You really are grabbing at straws, aren't you? So I guess you aren't voting for either major candidate then are you? Obama lies in just about everything he says. He just says it pretty (at least in his prepared speeches... he blunders a lot when speaking off the cuff) so all the people who refuse to actually look at something other than the surface think he is the next coming of Gandhi or something.

It's funny how so many liberals call themselves "moderates". It is just one more way to shift the boundaries of reality a little further to the left all the time.

I'm grabbing at McCain's own words.

He said new taxes were off the table, and now he says they are NOT off the table.

Where's the reach?

What makes me a "liberal"? The fact that I think McCain is as full of shit as a Christmas turkey?

Keep trying.

[rwh11385]

Spending without income = record deficit, you dumbass.


Is it THAT hard to understand economics?

Dubya has tax-cut us into the poorhouse (to the tune of $490 BILLION in '09).

It's not the tax cuts that is responsible for the increased deficit, like you said just a few posts ago. And it's not just the war in Iraq that is the cause of spending increases either. Old people are expensive to maintain.

You're pretty slow aren't you...

[Lair]

Holy crap.

You're serious, aren't you?

[rwh11385]

Holy crap.

You're serious, aren't you?

Are you pretending to be a moron?

If so, you deserve an Oscar.

[gwb72tii]

Spending without income = record deficit, you dumbass.


Is it THAT hard to understand economics?

BINGO we agree

so here is a question for you, and please read and digest what i'm about to say. all of this can be looked up if u have an interest, and i do this stuff for a living.

back in the late 60's early 70's, top marginal income tax rates were 70%+.
Federal tax receipts were approxamately 19-20% of GDP

under Regean, top marginal tax rates dropped to 28%, and federal tax receipts were about 19-20%. the economy entered what economists called the 7 fat years. defecits occured because of spending, which looking back historically was the right thing to do (fall of USSR)

today top marinal rates are 35% and federal tax receipts are about 19-20% of GDP.

fed taxes are and have always been about 19-20% of GDP

a bigger economy means more tax receipts and u get a bigger economy with lower taxes, that's why they don't mean less, but more federal tax receipts.

the problem has always been spending, not the amount of $ collected by the feds.

and that is why O man is the worst possible choice. he wants to increase taxes and increase spending dramatically, which flat out will not work.

mccain historically has been good on holding the limit on spending, while O man has not, at least for the 143 days he's served so far.

[Lair]

Are you pretending to be a moron?



If so, you deserve an Oscar.

Let me get this straight:

You think that Bush's unbridled spending coupled with his tax cuts DID NOT create the current record deficit?