JimBob2232 Posted June 17, 2005 Share Posted June 17, 2005 And here I was thinking that lowering taxes has to reduce revenue and Increase the deficit. Silly Me. Bush is not as stupid as some of you think he is. (though admitedly he is not as smart as some of you think he is either) http://news.yahoo.com/s/ap/20050616/ap_on_...t_pe/tax_record Link to comment Share on other sites More sharing options...
John Adams Posted June 17, 2005 Share Posted June 17, 2005 And here I was thinking that lowering taxes has to reduce revenue and Increase the deficit. Silly Me. Bush is not as stupid as some of you think he is. (though admitedly he is not as smart as some of you think he is either) http://news.yahoo.com/s/ap/20050616/ap_on_...t_pe/tax_record 360748[/snapback] That is *fantastic* news. Link to comment Share on other sites More sharing options...
JimBob2232 Posted June 17, 2005 Author Share Posted June 17, 2005 I particularly like how all democrats have avoided this thread... Link to comment Share on other sites More sharing options...
Johnny Coli Posted June 17, 2005 Share Posted June 17, 2005 I particularly like how all democrats have avoided this thread... 361216[/snapback] What's to avoid? The government is taxing the hell out of the corporations to pay down debt. You chose an odd subject to pick a fight with. I say tax'em, then tax'em some more. Link to comment Share on other sites More sharing options...
Ghost of BiB Posted June 17, 2005 Share Posted June 17, 2005 I'm surprised that no one has picked up on reducing First Responder funding to pay for increased border security. ....oops.... (This IS a set-up, you know...) Link to comment Share on other sites More sharing options...
Gavin in Va Beach Posted June 17, 2005 Share Posted June 17, 2005 What's to avoid? The government is taxing the hell out of the corporations to pay down debt. You chose an odd subject to pick a fight with. I say tax'em, then tax'em some more. 361240[/snapback] Corporations don't pay taxes, they just pass the costs along to the consumer... Link to comment Share on other sites More sharing options...
JimBob2232 Posted June 17, 2005 Author Share Posted June 17, 2005 What's to avoid? The government is taxing the hell out of the corporations to pay down debt. You chose an odd subject to pick a fight with. I say tax'em, then tax'em some more. If "taxing the hell out of corporations" means giving them a tax cut, then i guess you are correct. (http://www.washingtonpost.com/wp-dyn/articles/A54128-2004Oct22.html) As far as corporations not paying taxes...think again. they pay taxes on profits. yes, any and all costs ultimatly come back to the consumer, but they do pay taxes. The reason i brought this up was because many many people on this board and elsewhere chastized president Bush for cutting taxes. Saying things like 'it will increase the defecit" and "it will decrease revenue" and "tax cuts for the rich" and the like...this article proves those things to be false. President Bush, like president Reagan before him, cut taxes and increased revenue at the same time. It can be done. Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted June 17, 2005 Share Posted June 17, 2005 Corporations don't pay taxes, they just pass the costs along to the consumer... 361276[/snapback] Truer words were never spoken. Taxation NEVER hurts the big guy. It ALWAYS hurts the little guy. Link to comment Share on other sites More sharing options...
/dev/null Posted June 17, 2005 Share Posted June 17, 2005 If government revenue increases so will government spending Link to comment Share on other sites More sharing options...
Alaska Darin Posted June 17, 2005 Share Posted June 17, 2005 Truer words were never spoken. Taxation NEVER hurts the big guy. It ALWAYS hurts the little guy. 361311[/snapback] I was listening to Ed somebody on "Err Moronica" today and he announced that if they repealed the Bush Tax Cut they could keep Social Security solvent longer. All the tards in the audience cheered. People are amazingly stupid when grouped. Link to comment Share on other sites More sharing options...
Ghost of BiB Posted June 17, 2005 Share Posted June 17, 2005 I was listening to Ed somebody on "Err Moronica" today and he announced that if they repealed the Bush Tax Cut they could keep Social Security solvent longer. All the tards in the audience cheered. People are amazingly stupid when grouped. 361364[/snapback] so are sheep, cows, chickens, turkeys and pigs. Link to comment Share on other sites More sharing options...
/dev/null Posted June 17, 2005 Share Posted June 17, 2005 so are sheep, cows, chickens, turkeys and pigs. 361366[/snapback] all are good ingrediants in HotPockets® Link to comment Share on other sites More sharing options...
JimBob2232 Posted June 17, 2005 Author Share Posted June 17, 2005 I was listening to Ed somebody on "Err Moronica" today and he announced that if they repealed the Bush Tax Cut they could keep Social Security solvent longer. All the tards in the audience cheered. People are amazingly stupid when grouped. Thats why I posted this....to help drive home the point that lowering taxes can increase revenue if we are over taxed. This is what happeneed here. Bush did the right thing (in this case). This is tangible proof of that. Link to comment Share on other sites More sharing options...
Wacka Posted June 17, 2005 Share Posted June 17, 2005 Mmmmm......Soylent Green Hot Pockets® ! Link to comment Share on other sites More sharing options...
/dev/null Posted June 18, 2005 Share Posted June 18, 2005 Mmmmm......Soylent Green Hot Pockets® ! 361382[/snapback] Link to comment Share on other sites More sharing options...
Crap Throwing Monkey Posted June 18, 2005 Share Posted June 18, 2005 I was listening to Ed somebody on "Err Moronica" today and he announced that if they repealed the Bush Tax Cut they could keep Social Security solvent longer. All the tards in the audience cheered. People are amazingly stupid when grouped. 361364[/snapback] I had no idea Bush made cuts to Social Security taxes... Link to comment Share on other sites More sharing options...
erynthered Posted June 18, 2005 Share Posted June 18, 2005 I was listening to Ed somebody on "Err Moronica" today and he announced that if they repealed the Bush Tax Cut they could keep Social Security solvent longer. All the tards in the audience cheered. People are amazingly stupid when grouped. 361364[/snapback] sarcasm "Damn, I was hoping my check wouldnt get taxed any more than it already is." ( loads 38, puts 1 in the chamber, holds to head, fires........................ Link to comment Share on other sites More sharing options...
John Adams Posted June 18, 2005 Share Posted June 18, 2005 I particularly like how all democrats have avoided this thread... 361216[/snapback] What? The Republicans should be so proud that on their watch, they've taxed Americans more than any other administration? How do you see this as some sort of good news? Instead, you're happy that the economy has done well so that the government could sap more out of it. BRA-freakin'-VO. Link to comment Share on other sites More sharing options...
erynthered Posted June 18, 2005 Share Posted June 18, 2005 What? The Republicans should be so proud that on their watch, they've taxed Americans more than any other administration? How do you see this as some sort of good news? Instead, you're happy that the economy has done well so that the government could sap more out of it. BRA-freakin'-VO. 361451[/snapback] The next administration will have taxed more than the privious one is pretty much a given. Or for that matter the one before it. Am I wrong? Link to comment Share on other sites More sharing options...
JimBob2232 Posted June 18, 2005 Author Share Posted June 18, 2005 What? The Republicans should be so proud that on their watch, they've taxed Americans more than any other administration? How do you see this as some sort of good news? Instead, you're happy that the economy has done well so that the government could sap more out of it. BRA-freakin'-VO. Yes, I am happy that the economy is doing so well. It is doing so well in large part because of the tax cuts. The booming economy causes people to make more money and therefore pay more (nominally) in taxes, even at a reduced rate. There is no way to spin that into being a bad thing. I would rather make 1,000,000 per year and pay 300k in taxes than 30k a year and 9k in taxes, even though with the 1M$ salary I pay 291k more in taxes. I know that is an extreme case, but you get my point (i hope). So...despite the fact that the tax rate is greatly reduced. Despite the fact that the economy is improving, and people are making more money, you still insist that people are taxed more than ever. What would you recommend we do then? Cut taxes and increase revenue again? The bottom line is that somewhere there is a tax rate that maximizes revenues. We cut taxes and revenue went up. Lets cut taxes some more! Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted June 18, 2005 Share Posted June 18, 2005 Things would be fine... I might come aound to the thinking yet, we have a big bill staring at us. It is only a matter of time before the "shell game" gets exposed. Now if I can just figure out how to work less hours, do what I am doing, spend more and bring in more money. ?? Link to comment Share on other sites More sharing options...
John Adams Posted June 18, 2005 Share Posted June 18, 2005 Yes, I am happy that the economy is doing so well. It is doing so well in large part because of the tax cuts. The booming economy causes people to make more money and therefore pay more (nominally) in taxes, even at a reduced rate. There is no way to spin that into being a bad thing. I would rather make 1,000,000 per year and pay 300k in taxes than 30k a year and 9k in taxes, even though with the 1M$ salary I pay 291k more in taxes. I know that is an extreme case, but you get my point (i hope). So...despite the fact that the tax rate is greatly reduced. Despite the fact that the economy is improving, and people are making more money, you still insist that people are taxed more than ever. What would you recommend we do then? Cut taxes and increase revenue again? The bottom line is that somewhere there is a tax rate that maximizes revenues. We cut taxes and revenue went up. Lets cut taxes some more! 361531[/snapback] I've just got this crazy obsession with cutting spending, and am not so excited that the government has MORE to spend. Link to comment Share on other sites More sharing options...
JimBob2232 Posted June 18, 2005 Author Share Posted June 18, 2005 I've just got this crazy obsession with cutting spending, and am not so excited that the government has MORE to spend. 361561[/snapback] Oh. Dont get me wrong. I am very displeased with the spending of this administration (and ones before it). We spend WAY more than we should. Government is too big and too powerful. As reagan said, government is not the solution, government is the problem. But at some point cutting taxes will lower revenue. The fact that we cut taxes and raised revenue means that we are still drastically over taxed, and need to lowere the tax rate further to find that inflection point. Once the inflection point is found we can continue lowering taxes (and thus revenue) until we reach a comfortable point of government spending. Link to comment Share on other sites More sharing options...
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