The Republican Tax Cut Myth

[MordechaiGoodbud]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

 

[Toddsterpatriot]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

They stimulate the economy.
They don't pay for themselves.

Cut taxes now.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Lower taxes and deficits cause recession? Are you sure?

 

[MordechaiGoodbud]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

They stimulate the economy.
They don't pay for themselves.

Cut taxes now.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Lower taxes and deficits cause recession? Are you sure?

They don't cause recessions. But lower taxes do not stimulate the economy and they never have. Whenever Republicans cut taxes we end up in a recession. That proves cutting taxes doesn't stimulate the economy.

 

[Toddsterpatriot]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

They stimulate the economy.
They don't pay for themselves.

Cut taxes now.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Lower taxes and deficits cause recession? Are you sure?

They don't cause recessions. But lower taxes do not stimulate the economy and they never have. Whenever Republicans cut taxes we end up in a recession. That proves cutting taxes doesn't stimulate the economy.

But lower taxes do not stimulate the economy and they never have.

Why do you feel that?

Whenever Republicans cut taxes we end up in a recession.

There is a business cycle. Recessions happen. Why do you feel tax cuts cause them?
Walk through the steps.

 

[WillowTree]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

If paying taxes is such a good thing then every damn American should pay them. Flat Fair Tax no exceptions no exemptions, no excuses. Game. Set. Match!

 

[MordechaiGoodbud]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

They stimulate the economy.
They don't pay for themselves.

Cut taxes now.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Lower taxes and deficits cause recession? Are you sure?

They don't cause recessions. But lower taxes do not stimulate the economy and they never have. Whenever Republicans cut taxes we end up in a recession. That proves cutting taxes doesn't stimulate the economy.

But lower taxes do not stimulate the economy and they never have.

Why do you feel that?

Whenever Republicans cut taxes we end up in a recession.

There is a business cycle. Recessions happen. Why do you feel tax cuts cause them?
Walk through the steps.

Facts and history show tax cuts do not stimulate the economy. I'm 55 years old and I remember this happened. Reagan cut taxes, yet economic growth was lower in the 1980s than it was in the 1970s and 1990s when taxes were increased. Bush jr. cut taxes and we all know what happened by the end of his term.

BTW, try reading what I wrote. I specifically wrote "they (tax cuts) don't cause recessions." Here, I will repeat it again...Tax cuts don't cause recessions. But cutting taxes never prevents recessions which proves they do not stimulate the economy.

 

[MordechaiGoodbud]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

If paying taxes is such a good thing then every damn American should pay them. Flat Fair Tax no exceptions no exemptions, no excuses. Game. Set. Match!

A flat tax is extremely unfair. A waitress pulling in nickels and dimes should pay the same rate as a plutocrat making hundreds of millions per year? No way.

 

[WillowTree]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

If paying taxes is such a good thing then every damn American should pay them. Flat Fair Tax no exceptions no exemptions, no excuses. Game. Set. Match!

A flat tax is extremely unfair. A waitress pulling in nickels and dimes should pay the same rate as a plutocrat making hundreds of millions per year? No way.

Of course she should. Decide on a rate then charge every single solitary American the same rate. Equal treatment under the law! Paying taxes is a wonderful thing and EVERY AMERICAN should experience it!

 

[Timmy]

Why can’t we even just have a tax cut for the working class.? Cons always want the rich to benefit from tax cuts , wh maybe some crumbs to working people just for show .

 

[WillowTree]

Why can’t we even just have a tax cut for the working class.? Cons always want the rich to benefit from tax cuts , wh maybe some crumbs to working people just for show .

With a flat tax your wishes will be granted. All loopholes will disappear. What would be a fair flat tax? I think we should start at 25% of all income no matter the source!

 

[whitehall]

Why do democrats think the Country was founded during the Reagan administration? Jimmy Carter's tax and spend strategy almost put the U.S. in the poor house. How did we do in the last eight years when Hussein promised to "wean America off fossil fuel" while he used taxpayer money to give golden parachutes to executives of bankrupt solar energy companies who happened to be big donors to his campaign? Bill Clinton's "foundation" was raking in the dough from foreign lobbyists while Hillary received about a quarter of a million each for fifteen minute mystery speeches to Wall Street Banks who were friendly to the Clinton administration. The biggest myth ever perpetuated is the one where "republicans are the party of rich corporations".Idiotic lefties still believe it while Hollywood sexual abusers pal around with the democrat elite and Wall Street finances the democrat party.

 

[Indeependent]

Tax Cuts should be conditional.
There is no major MNC today that would bring White Collar careers back to the US; they would just increase bonuses for CEOs.

 

[Defiant1]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

If paying taxes is such a good thing then every damn American should pay them. Flat Fair Tax no exceptions no exemptions, no excuses. Game. Set. Match!

A flat tax is extremely unfair. A waitress pulling in nickels and dimes should pay the same rate as a plutocrat making hundreds of millions per year? No way.

Actually the waitress should pay more as she requires more public services.

 

[Indeependent]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

If paying taxes is such a good thing then every damn American should pay them. Flat Fair Tax no exceptions no exemptions, no excuses. Game. Set. Match!

A flat tax is extremely unfair. A waitress pulling in nickels and dimes should pay the same rate as a plutocrat making hundreds of millions per year? No way.

Actually the waitress should pay more as she requires more public services.

I will presume you don't actually know any waitresses.

 

[Defiant1]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

If paying taxes is such a good thing then every damn American should pay them. Flat Fair Tax no exceptions no exemptions, no excuses. Game. Set. Match!

A flat tax is extremely unfair. A waitress pulling in nickels and dimes should pay the same rate as a plutocrat making hundreds of millions per year? No way.

Actually the waitress should pay more as she requires more public services.

I will presume you don't actually know any waitresses.

None that I know of.

Why is that relevant?

 

[Indeependent]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

If paying taxes is such a good thing then every damn American should pay them. Flat Fair Tax no exceptions no exemptions, no excuses. Game. Set. Match!

A flat tax is extremely unfair. A waitress pulling in nickels and dimes should pay the same rate as a plutocrat making hundreds of millions per year? No way.

Actually the waitress should pay more as she requires more public services.

I will presume you don't actually know any waitresses.

None that I know of.

Why is that relevant?

I'm not the one who made the deprecating statement about them.

 

[Toddsterpatriot]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

They stimulate the economy.
They don't pay for themselves.

Cut taxes now.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Lower taxes and deficits cause recession? Are you sure?

They don't cause recessions. But lower taxes do not stimulate the economy and they never have. Whenever Republicans cut taxes we end up in a recession. That proves cutting taxes doesn't stimulate the economy.

But lower taxes do not stimulate the economy and they never have.

Why do you feel that?

Whenever Republicans cut taxes we end up in a recession.

There is a business cycle. Recessions happen. Why do you feel tax cuts cause them?
Walk through the steps.

Facts and history show tax cuts do not stimulate the economy. I'm 55 years old and I remember this happened. Reagan cut taxes, yet economic growth was lower in the 1980s than it was in the 1970s and 1990s when taxes were increased. Bush jr. cut taxes and we all know what happened by the end of his term.

BTW, try reading what I wrote. I specifically wrote "they (tax cuts) don't cause recessions." Here, I will repeat it again...Tax cuts don't cause recessions. But cutting taxes never prevents recessions which proves they do not stimulate the economy.

Facts and history show tax cuts do not stimulate the economy.

Except for Coolidge, LBJ, Reagan and GWB.

I specifically wrote "they (tax cuts) don't cause recessions."

You said Republicans cut taxes and we end up in a recession.
If there is no causation, why try to link them?

We had recessions before we had income taxes.
Do you feel the lack of an income tax caused those recessions?

But cutting taxes never prevents recessions

Nothing prevents recessions.
It's a business cycle.

 

[Defiant1]

If paying taxes is such a good thing then every damn American should pay them. Flat Fair Tax no exceptions no exemptions, no excuses. Game. Set. Match!

A flat tax is extremely unfair. A waitress pulling in nickels and dimes should pay the same rate as a plutocrat making hundreds of millions per year? No way.

Actually the waitress should pay more as she requires more public services.

I will presume you don't actually know any waitresses.

None that I know of.

Why is that relevant?

I'm not the one who made the deprecating statement about them.

Deprecating? Not.

Objective.

 

[RDD_1210]

Why the GOP believes in a decades-old tax myth

I've seen this movie before.

Republicans claim tax cuts for the rich will stimulate the economy and pay for themselves.

Then they enact this crank policy and it blows a big hole in the deficit and the economy spirals into a recession.

Reagan did this in the early 1980s and the economy immediately tanked while the deficit exploded. He was forced to agree to tax increases which his administration called "revenue enhancements."

Bush jr. did this in the early 2000s. The economy immediately went into a slight recession, then entered a near depression a few years later, while the deficit exploded.

Kansas tried this just a few years ago. Now, they can't afford to keep their schools open and the state's economy grew at a slower pace than all of their neighboring states where taxes were not cut so severely.

Republicans try this over and over and over and it never works. Tax cuts never pay for themselves.

Yet, they are going to try it again.

What do they say about doing the same thing over and over and over and expecting different results? Isn't it the definition of insanity?

If paying taxes is such a good thing then every damn American should pay them. Flat Fair Tax no exceptions no exemptions, no excuses. Game. Set. Match!

A flat tax is extremely unfair. A waitress pulling in nickels and dimes should pay the same rate as a plutocrat making hundreds of millions per year? No way.

Of course she should. Decide on a rate then charge every single solitary American the same rate. Equal treatment under the law! Paying taxes is a wonderful thing and EVERY AMERICAN should experience it!

That's rich, coming from the woman who gets government insurance and pays no income tax.

Hypocrite much?

 

[BluesLegend]

Spending cuts??? Hello.