thereisnospoon
Gold Member
- Apr 11, 2010
- 29,821
- 3,030
This is sort of curious as we have our whiners too, has anyone noticed the medicare recipients, aka tea party? Not much difference there, and since our economy required a massive bailout it could just be this so called capitalist system ain't working much better, actually the great recession is proof it ain't. So if you throw stones make sure your nation is not another glass house and your whining is not just more whining and not something positive.
"The conclusion is that, if anything, tax increases on higher-income families are the least damaging mechanism for closing state fiscal deficits in the short run. Reductions in government spending on goods and services, or reductions in transfer payments to lower-income families, are likely to be more damaging to the economy in the short run than tax increases focused on higher-income families. In any case, in terms of how counter-productive they are, there is no automatic preference for spending reductions rather than tax increases."
Spending Cuts Vs. Tax Increases at the State Level, 10/30/01
Uh huh....Right....
Answer this......should government be required to spend no more than it collects in revenue?
Name the last time any nation in the last 150 years was able to tax itself into prosperity.
Explain your view on the Kennedy tax cut of the top marginal rate form nearly 90% to 70% that resulted in an INCREASE in revenue to the federal government..
Explain your view on the Reagan tax cut of the top marginal rate down to 28% and how that tax rate reductuon resulted in an INCREASE in revenue collected by the federal government....Also explain your view of the fact that with each reduction of tax rates, economic activity increased, jobs in the private sector were created which resulted in more peope paying taxes....
Explain your view on President Johnson's promise that his "Great Society " welfare program was going to end poverty in the United States.
Now, I did not ask you to debate or shout back about talking points or any other protestations.
I simply want your view of the facts at hand. That is if I am reading this correctly that you do not beleive captialism is a fair or susutainable system..
This is not an opportunity for you to shout at me about my political views or a time for you to offer rhetoric ....
I simply want you to offer salient counterpoints to the statements above.
This is a discussion...
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