Raise Taxes or Cut Waste?

[Dad2three]

Raise taxes on the rich, tax college savings, raise gasoline taxes, and cut social programs? Or, cut the enormous waste that we all know should be cut? Or, should we do a combination of both? If your answer is to cut waste, what are the most obvious areas of waste that you would cut? If your answer is to raise taxes, what taxes would you increase? Or, what new taxes would you add? If your answer is to raise taxes, where would you use the new revenue? If your answer is to cut waste, where would you use the savings?

We need to reduce waste, that is a given, but, we also need to put the lower middle class back on the tax rosters.

We need a debt reduction surcharge too.

If people were actually feeling the debt, they might pay attention to who they elect and how their reps vote.

The debt proves that as a society, we are grossly undertaxed.

Far too many have no skin in the game.

Bottom 50% of US average less than $15,000 PER FAMILY. That's people who even need to file income tax returns

Summary of Latest Federal Individual Income Tax Data Tax Foundation



Poor Americans Pay Double The State, Local Tax Rates Of Top One Percent

Overall, the poorest 20 percent of households paid an average 10.9 percent of their incomes in state and local taxes in 2007, while the top 1 percent on average paid just 5.2 percent of their incomes in state and local taxes


Poor Americans Pay Double The State Local Tax Rates Of Top One Percent

 

[BluesLegend]

We should not be funding wasteful unnecessary wars like that ass wipe Bush got us into ...what a waste of trillions eh conservatives ....way to go ....

Apparently we have to remind you again how many Democrats voted for the Iraq war, eat it.

Yes, 60% of Dems in Congress voted against Dubya's war of choice...

Then the left should stop lying and blaming 100% of the right. One problem I have with the left is they are gutless lying cowards, they need to grow a freaking pair.

 

[Flopper]

I believe that a sale tax system would work better. The wealthy buy a lot of expensive homes, cars, yachts, jewelry, planes, cloths, paintings, race horses, eat at expensive restaurants, take expensive vacations, and spoil their children

A sales tax always put's the biggest burden on those with the lowest income because the poor spend all they earn plus all they can borrow. The wealthy spends only a portion of their income, investing the rest. The more they earn the less they spend and the more they invest. Their investments go untaxed under your system giving them an even larger part of the wealth of the nation.

In addition a sales tax discourages consumption and since our economy is based on waste, it's a terrible idea from an economic standpoint.

 

[Siete]

eliminate all pork. Period.

What pork? Oh right, you don't know and you don't how much it would save us.

29 Billion was spent in 06 ... regardless, pork spending iS NOT necessary to keep the country operating .. saving a dime will get you a dollar. Eliminate pork or stfu about spending cuts.

29 out of 4,000? Keep at it.

look sport, I know pork spending isn't the savior, but it's a chunk of change that needs to stay in our wallet. The thread title asks the question? (eliminate waste.) Anyone who doesn't consider pork spending waste is an idiot.

29 counts but 290 counts ten times more. Keep at it.

pork spending is small potatoes. I know that. If you honestly believe I think cutting pork spending will balance the budget then you keep at it.

 

[Dad2three]

Raise Taxes or Cut Waste?

Both, and grow the economy.

Tax increases crush an economy.....lower taxes on everyone, and everything, cut government jobs, government spending and start extracting more oil, coal, natural gas.....

"Tax increases crush an economy....."

Sure, Clinton/Obama proved that right? lol


Three Decades of Empirical Economic Data Shows That Supply-Side Economics Doesn’t Work

When President Bill Clinton raised taxes that same year did the economy suffer a slowdown, as was predicted by those who believe in supply-side economics? The data says no.

Investment growth was weaker under supply-side policies

Productivity growth was weaker under supply-side policies

Overall economic growth was weaker under supply-side policies

Employment growth was weaker under supply-side policies

The Failure of Supply-Side Economics Center for American Progress

 

[Sonny Clark]

I believe that a sale tax system would work better. The wealthy buy a lot of expensive homes, cars, yachts, jewelry, planes, cloths, paintings, race horses, eat at expensive restaurants, take expensive vacations, and spoil their children

A sales tax always put's the biggest burden on those with the lowest income because the poor spend all they earn plus all they can borrow. The wealthy spends only a portion of their income, investing the rest. The more they earn the less they spend and the more they invest. Their investments go untaxed under your system giving them an even larger part of the wealth of the nation.

In addition a sales tax discourages consumption and since our economy is based on waste, it's a terrible idea from an economic standpoint.

Investments count as a purchase. Any money spent for anything counts. No one spends a single dime that's not taxed. Buying stocks count, buying a share in a business counts, etc. etc. etc. --- Every single purchase counts. No one or nothing is exempt.

 

[Siete]

We should not be funding wasteful unnecessary wars like that ass wipe Bush got us into ...what a waste of trillions eh conservatives ....way to go ....

Apparently we have to remind you again how many Democrats voted for the Iraq war, eat it.

Yes, 60% of Dems in Congress voted against Dubya's war of choice...

Then the left should stop lying and blaming 100% of the right. One problem I have with the left is they are gutless lying cowards, they need to grow a freaking pair.

but are they stupid enough to think personal debt adds to Federal debt?... like you.

 

[Sonny Clark]

What pork? Oh right, you don't know and you don't how much it would save us.

29 Billion was spent in 06 ... regardless, pork spending iS NOT necessary to keep the country operating .. saving a dime will get you a dollar. Eliminate pork or stfu about spending cuts.

29 out of 4,000? Keep at it.

look sport, I know pork spending isn't the savior, but it's a chunk of change that needs to stay in our wallet. The thread title asks the question? (eliminate waste.) Anyone who doesn't consider pork spending waste is an idiot.

29 counts but 290 counts ten times more. Keep at it.

pork spending is small potatoes. I know that. If you honestly believe I think cutting pork spending will balance the budget the you keep at it.

But, every little bit counts and helps. It's the collective effect that matters, and not a single item.

 

[Dont Taz Me Bro]

Raise taxes on the rich, tax college savings, raise gasoline taxes, and cut social programs? Or, cut the enormous waste that we all know should be cut? Or, should we do a combination of both? If your answer is to cut waste, what are the most obvious areas of waste that you would cut? If your answer is to raise taxes, what taxes would you increase? Or, what new taxes would you add? If your answer is to raise taxes, where would you use the new revenue? If your answer is to cut waste, where would you use the savings?

Probably a combination of both raising taxes and cutting spending given the level of debt we've accumulated. And why just raise taxes on the rich? It should be on everyone. Everyone is responsible for our debt so everyone should feel the consequences for their voting choices.

 

[BluesLegend]

We should not be funding wasteful unnecessary wars like that ass wipe Bush got us into ...what a waste of trillions eh conservatives ....way to go ....

Apparently we have to remind you again how many Democrats voted for the Iraq war, eat it.

Yes, 60% of Dems in Congress voted against Dubya's war of choice...

Then the left should stop lying and blaming 100% of the right. One problem I have with the left is they are gutless lying cowards, they need to grow a freaking pair.

but are they stupid enough to think personal debt adds to Federal debt?... like you.

Seriously, work on your reading comprehension so you don't look like an idiot.

 

[Dad2three]

We should not be funding wasteful unnecessary wars like that ass wipe Bush got us into ...what a waste of trillions eh conservatives ....way to go ....

Apparently we have to remind you again how many Democrats voted for the Iraq war, eat it.

Yes, 60% of Dems in Congress voted against Dubya's war of choice...

Then the left should stop lying and blaming 100% of the right. One problem I have with the left is they are gutless lying cowards, they need to grow a freaking pair.

So 60% of Dems NOT supporting the war means they could've stopped the Decioders chjoice IF they had 100% opposed? lol

OR did Dubya have enough GOPers ALONE? And MANY Dems (like Kerry, Clinton, etc) voted for it to give them the 'cred' to 'stand tuff';??? lol

 

[Siete]

29 Billion was spent in 06 ... regardless, pork spending iS NOT necessary to keep the country operating .. saving a dime will get you a dollar. Eliminate pork or stfu about spending cuts.

29 out of 4,000? Keep at it.

look sport, I know pork spending isn't the savior, but it's a chunk of change that needs to stay in our wallet. The thread title asks the question? (eliminate waste.) Anyone who doesn't consider pork spending waste is an idiot.

29 counts but 290 counts ten times more. Keep at it.

pork spending is small potatoes. I know that. If you honestly believe I think cutting pork spending will balance the budget the you keep at it.

But, every little bit counts and helps. It's the collective effect that matters, and not a single item.

exactly, but don't tell housepainter.

 

[Siete]

We should not be funding wasteful unnecessary wars like that ass wipe Bush got us into ...what a waste of trillions eh conservatives ....way to go ....

Apparently we have to remind you again how many Democrats voted for the Iraq war, eat it.

Yes, 60% of Dems in Congress voted against Dubya's war of choice...

Then the left should stop lying and blaming 100% of the right. One problem I have with the left is they are gutless lying cowards, they need to grow a freaking pair.

but are they stupid enough to think personal debt adds to Federal debt?... like you.

Seriously, work on your reading comprehension so you don't look like an idiot.

gee Liberace, think of that all by yourself?

 

[SwimExpert]

Probably a combination of both raising taxes and cutting spending given the level of debt we've accumulated. And why just raise taxes on the rich? It should be on everyone. Everyone is responsible for our debt so everyone should feel the consequences for their voting choices.

No, income taxes should be eliminated on the vast majority of people.

 

[Sonny Clark]

Raise taxes on the rich, tax college savings, raise gasoline taxes, and cut social programs? Or, cut the enormous waste that we all know should be cut? Or, should we do a combination of both? If your answer is to cut waste, what are the most obvious areas of waste that you would cut? If your answer is to raise taxes, what taxes would you increase? Or, what new taxes would you add? If your answer is to raise taxes, where would you use the new revenue? If your answer is to cut waste, where would you use the savings?

Probably a combination of both raising taxes and cutting spending given the level of debt we've accumulated. And why just raise taxes on the rich? It should be on everyone. Everyone is responsible for our debt so everyone should feel the consequences for their voting choices.

Shouldn't we first cut waste and fraud to see if we even need to raise taxes? And, what would the government do with new revenue?

 

[Dad2three]

Raise taxes on the rich, tax college savings, raise gasoline taxes, and cut social programs? Or, cut the enormous waste that we all know should be cut? Or, should we do a combination of both? If your answer is to cut waste, what are the most obvious areas of waste that you would cut? If your answer is to raise taxes, what taxes would you increase? Or, what new taxes would you add? If your answer is to raise taxes, where would you use the new revenue? If your answer is to cut waste, where would you use the savings?

Probably a combination of both raising taxes and cutting spending given the level of debt we've accumulated. And why just raise taxes on the rich? It should be on everyone. Everyone is responsible for our debt so everyone should feel the consequences for their voting choices.

"Everyone is responsible for our debt so everyone should feel the consequences for their voting choices."


Yeah, NOT like 90%+ of current debt can be traced back to Reagan, Bush and Bush POLICIES right?


"Starving the beast" is a political strategy employed by American conservatives in order to limit government spending[ by cutting taxes in order to deprive the government of revenue in a deliberate effort to force the federal government to reduce spending.


Before his election as President, then-candidate Ronald Reagan foreshadowed the strategy during the 1980 US Presidential debates, saying "John Anderson tells us that first we've got to reduce spending before we can reduce taxes. Well, if you've got a kid that's extravagant, you can lecture him all you want to about his extravagance. Or you can cut his allowance and achieve the same end much quicker."

Starve the beast - Wikipedia the free encyclopedia

 

[Sonny Clark]

Probably a combination of both raising taxes and cutting spending given the level of debt we've accumulated. And why just raise taxes on the rich? It should be on everyone. Everyone is responsible for our debt so everyone should feel the consequences for their voting choices.

No, income taxes should be eliminated on the vast majority of people.

Income tax should be eliminated for EVERYONE !!!

 

[dblack]

Raise taxes on the rich, tax college savings, raise gasoline taxes, and cut social programs? Or, cut the enormous waste that we all know should be cut? Or, should we do a combination of both? If your answer is to cut waste, what are the most obvious areas of waste that you would cut? If your answer is to raise taxes, what taxes would you increase? Or, what new taxes would you add? If your answer is to raise taxes, where would you use the new revenue? If your answer is to cut waste, where would you use the savings?

As painful as it will be, I think we should raise taxes first. But we have to do it across the board, so everyone feels the pain. And we need to keep raising them until the budget is balanced. Then there will be no need to convince people we need to cut spending. They'll be howling for it.

I see it as cutting waste first to see if we even need to raise taxes. There is a lot of waste and fraud associated with government spending.

Right. But the problem is, most people don't care. They don't see the damage it does, and they're not paying the bill. If you want to get their attention, if you want to build real consensus on cutting government spending and waste, send them the bill.

 

[thereisnospoon]

Raise taxes on the rich, tax college savings, raise gasoline taxes, and cut social programs? Or, cut the enormous waste that we all know should be cut? Or, should we do a combination of both? If your answer is to cut waste, what are the most obvious areas of waste that you would cut? If your answer is to raise taxes, what taxes would you increase? Or, what new taxes would you add? If your answer is to raise taxes, where would you use the new revenue? If your answer is to cut waste, where would you use the savings?

Come on...This one is easy. Americans ( the producers) have been demanding of government, fiscal responsibility

 

[BluesLegend]

We should not be funding wasteful unnecessary wars like that ass wipe Bush got us into ...what a waste of trillions eh conservatives ....way to go ....

Apparently we have to remind you again how many Democrats voted for the Iraq war, eat it.

Yes, 60% of Dems in Congress voted against Dubya's war of choice...

Then the left should stop lying and blaming 100% of the right. One problem I have with the left is they are gutless lying cowards, they need to grow a freaking pair.

So 60% of Dems NOT supporting the war means they could've stopped the Decioders chjoice IF they had 100% opposed? lol

OR did Dubya have enough GOPers ALONE? And MANY Dems (like Kerry, Clinton, etc) voted for it to give them the 'cred' to 'stand tuff';??? lol

You are rambling incoherently, maybe you need some time away from the forum.