The Bush Tax cuts...

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  • mrsleeve
    replied
    Originally posted by 87e30
    flat tax. Generate more revenue, eliminate any guess work.
    would eliminate one of the biggest weapons, and tools of fear and intimidation the Feds have.


    THE IRS................................that fact alone is why we will never have a simple, easy and 1 page tax code

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  • gwb72tii
    replied
    Originally posted by mar1t1me
    Do they? Have they ever?
    did you read this analysis
    this simpleton, in his reading of AGI decreasing, says nothing about the dot com bubble bursting in 2000, causing a recession (wow, did AGI go down in a recession? go figure...). then he says nothing about the 911 caused recession (wow, did AGI continue going down? go figure....).
    look at his tables and what you see is the bush tax cuts helping grow incomes after the 911 shock. this author lacks credibility and knowledge.

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  • joshh
    replied
    Originally posted by 87e30
    flat tax. Generate more revenue, eliminate any guess work.


    Problem with this is it would force Government to actually get on a budget...oh wait...

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  • 87e30
    replied
    flat tax. Generate more revenue, eliminate any guess work.

    Leave a comment:


  • joshh
    replied
    Originally posted by kronus
    Seriously?


    Man I guess we should just stop all that innovation and industry and business stuff, since it doesn't work.


    Larger Government does not equal innovation and industry.

    Oregon’s Vanishing Millionaires The Wall Street Journal Editorial December 21, 2010 Oregon raised its income tax on the richest 2% of its residents last year to fix its budget hole, but now the state treasury admits it collected nearly one-third less revenue than the bean counters projected. Th



    Oregon raised its income tax on the richest 2% of its residents last year to fix its budget hole, but now the state treasury admits it collected nearly one-third less revenue than the bean counters projected. The sun also rose in the east, and the Cubs didn't win the World Series.In 2009 the state legislature raised the tax rate to 10.8% on joint-filer income of between $250,000 and $500,000, and to 11% on income above $500,000. Only New York City's rate is higher. Oregon's liberal voters ratified the tax increase on individuals and another on businesses in January of this year, no doubt feeling good about their "shared sacrifice."

    Congratulations. Instead of $180 million collected last year from the new tax, the state received $130 million. The Eugene Register-Guard newspaper reports that after the tax was raised "income tax and other revenue collections began plunging so steeply that any gains from the two measures seemed trivial."

    One reason revenues are so low is that about one-quarter of the rich tax filers seem to have gone missing. The state expected 38,000 Oregonians to pay the higher tax, but only 28,000 did. Funny how that always happens. These numbers are in line with a Cascade Policy Institute study, based on interstate migration patterns, predicting that the tax surcharge would lead to 80,000 fewer wealthy tax filers in Oregon over the next decade.

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  • joshh
    replied
    Originally posted by mar1t1me
    Do they? Have they ever?


    Yeah and thanks to politicians for getting the ball rolling on this shitty economy.
    The guy is bitching that lower taxes do not increase revenue while refusing to use basic logic that it's not that simple. If he were to pull his head out of his ass and see the connection between the lower average income of the American worker, he'd see it's not a 1+1 equation.
    Lower taxes equaling higher tax collection to a point has proven to work. But the economy has to be strong to begin with. Not declining.
    Lowering taxes is a way to make a weak economy stronger but while average income is dropping it's a craps game. But yet again we do not have a need for more taxes, we have a need for less spending.
    The guy is all double talk. If we kept taxes higher like they were in 2000 what would the economy look like then? Does Government spending of our tax money make a strong economy or does letting the people keep more of their cash and spending it themselves make a strong economy?
    In other words what this guy is saying is if Government had more of our money the crash would never have happened....really? Do you actually believe that?
    Taking more money from people who are making less does what?
    Last edited by joshh; 12-24-2010, 12:00 AM.

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  • kronus
    replied
    Originally posted by gwb72tii
    good idea lee
    the only thing that has worked to boost the economy is

    drumroll...................................

    tax cuts
    Seriously?


    Man I guess we should just stop all that innovation and industry and business stuff, since it doesn't work.

    Leave a comment:


  • mar1t1me
    replied
    Originally posted by gwb72tii
    good idea lee
    the only thing that has worked to boost the economy is

    drumroll...................................


    tax cuts
    Do they? Have they ever?

    Leave a comment:


  • Vedubin01
    replied
    Originally posted by Massive Lee
    How about cocksuckers shut the fuck up an keep on sucking dicks?

    BTW If you want to make US-only threads, please consult moderators instead being the usual prick.

    Its amazing what you are able to type with a dick in your mouth...


    You bash capitalism as you peddle your Chi-Parts on this forum. You are the biggest hypocrite here. Go back to DU.com and spread your hate there!


    You were trying to make it a $250k a year only thread, so why not only hear from those that pay taxes in the States! Douchebag!
    Last edited by Vedubin01; 12-23-2010, 08:05 AM.

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  • Massive Lee
    replied
    Originally posted by Vedubin01
    How about only American Citizens respond to this thread.......
    How about cocksuckers shut the fuck up an keep on sucking dicks?

    BTW If you want to make US-only threads, please consult moderators instead being the usual prick.

    Leave a comment:


  • Vedubin01
    replied
    How about only American Citizens respond to this thread.......

    What has space research brought us?


    Instant television
    Since Telstar, the first television satellite in 1962, viewers have watched events almost as they unfolded - from the assassination of President Kennedy to the terrorist assault on the twin towers in New York.

    Meteorology
    Weather forecasting was once little more accurate than folklore. Now satellites can monitor drought in Africa, floods in the Bay of Bengal and hurricanes across the Caribbean, saving hundreds of thousands of lives.

    Navigation
    Lone yachtsmen and jumbo jets now make pinpoint landfalls, and polar explorers with mobile phones can guide rescue craft to the precise ice floe, thanks to global positioning satellites.

    Fuel cells
    Invented by a Victorian barrister, the Grove fuel cell was ignored until the Apollo programme. Now German cars and Chicago buses are testing the ultimate green fuel - hydrogen, with water as the exhaust.

    The environment
    Space platforms monitor pollution, measure forest destruction, survey agriculture, identify mineral deposits, spot buried archaeological structures and even uncover agricultural fraud.

    Medical health
    Spacesuit studies have led to a panoply of health monitors, warning systems, respirators, remote microphones and other miniaturised medical technology.

    Robotics
    Space engineers have to think small - and flexible. This has inspired a new generation of tiny sensors, monitors and automaton explorers heading for distant planets.

    Materials
    Apologists always mention non-stick frying pans. But the most dramatic could be aerogel: featherlight but supporting 4,000 times its own weight. Nasa christened it "frozen smoke".

    Laptops
    Space missions needed onboard computers. But they had to be small. So space research drove the industry to pack ever more power into ever ever smaller hardware.

    Weapons
    Wernher von Braun's V2 rocket was the first thing to reach the edge of space. It changed warfare just as dramatically as it changed the peace.

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  • gwb72tii
    replied
    good idea lee
    the only thing that has worked to boost the economy is

    drumroll...................................
















    tax cuts

    Leave a comment:


  • Massive Lee
    replied
    ^^^Cut spending is the obvious solution. You can compare how many employees it take to perform a service with what is done elsewhere. Then evaluate if conditions are similar and then take a hard decision... Cut off people.

    Then what about all the subsides? Oil companies, corn farmers etc, reseachers, social support groups. Which ones will you cut?

    Start by stopping NASA programs (who need space reseach anyway?), warfares in the Middle East, military bases in Germany... etc. Where do you cut?

    Deciding where to cut obviously becomes quickly ideological. And everybody will have to say things against and pro...

    Why not cut tax cuts to the rich and wealthy people to start with? ;-) Only reply if you make $250k + yearly.
    Last edited by Massive Lee; 12-23-2010, 06:04 AM.

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  • 87e30
    replied
    the only thing we can all agree on is that the government needs to spend less money.

    Why not compromise and cut spending on every single thing? Then no one can bitch more than the other.

    I think people have a mentality that government spending doesn't matter, even the simple things. Spread that out over millions of people and there is a problem.

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  • joshh
    replied
    mar1t1me...

    Share holders rarely ever get fucked unless the Government steps in (Think GM) or the company goes under. You should be complaining about the share holders because they are the ones who put pressure on the company to make them more money.

    If we do as you're thinking many companies would flat go out of business. Unless you expect the Government to be the one to dole out who makes what. We both know that wouldn't work. So let the free market be the free market.

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