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1) There were $8 trillion in dot.com losses
From where are you getting that number? And secondly, the dotcom bubble appeared in the first place because of the Capital Gains Tax Cut. You idiots caused the dotcom bubble to occur when you cut Capital Gains Taxes. So again, how is that not something of your own doing?
2) A recession started under Clinton officially began 3/01
And despite that recession and 9/11, GDP growth for 2001 was still positive. So Clinton isn't the excuse for shitty growth...Conservatives are because Conservatives don't know what the fuck they're doing. Because they're idiots.
3) 9/11 cost million of jobs, billions of dollars
How so? Cost jobs, how? Other than the people who died (and who would eventually be replaced with new hires), what jobs were lost? What businesses were closed? You realize that most, if not all, of those businesses in the WTC on 9/11 relocated their facilities to other parts of the city and Jersey, right? Did you think Cantor Fitzgerald ceased operations after 9/11? No. They moved to offices in midtown on the East Side.
4) Anthrax attacks caused a lot of angst, questions about mail 5 deaths!
So Bush didn't keep us safe. And what do the anthrax attacks have to do with 8 years of shitty growth thanks to Bush the Dumber's Conservative policies?
5) WORST Hurricane SEASONs not just hurricanes BUT years of hurricanes causing nearly a Trillion in damages, lost businesses, jobs and lives!
The storms during Obama were worse. Sandy was a much bigger and costlier storm than Katrina. Secondly, if you're admitting that hurricanes got bad under Bush the Dumber, why? Why do you think there were suddenly all these terrible, massive storms? Could it have anything to do with Climate Change?
6)Something you idiots NEVER seem to recognize the economic terrorist attack of 9/18/08 which would have collapsed the WORLD's economies!
Which was caused by Bush the Dumber's regulators ceasing enforcement of lending standards for subprime loans, which increased the number of subprime loans issued, which grew the derivatives market, which inflated the bubble, which led to the collapse. The "terror attack" on the economy didn't happen in 2008, it happened in 2004 when Bush and the Conservatives removed leveraging restrictions for banks, allowed Wall Street to "police itself", ceased enforcement of lending standards, and forced GSE's to resume purchasing risky loans (even though GSE loans far overperformed private-label loans during the same period).
7)In SPITE of all the above: FACTS.. After tax cuts in response to dot.com/recession/9/11 FEDERAL REVENUES INCREASED SEE below table!
Federal revenues didn't reach 2000 level until 2004. So you took three steps back to take one step forward and that's something to celebrate? What happens if you take three steps back and take one step forward? Aren't you two steps behind?
A) FACT is 20% is what was actually paid in 2011.
OK, so if that's the case, then how will lowering the corporate tax rate result in more revenue or an increase in the effective rate?
B) YOU didn't take in account that corporations PAY 6.2% of all payrolls to Federal government in SS/Medicare employee taxes!
Which are payroll taxes, not income taxes. Do you...do you think corporations shouldn't pay payroll taxes? Why?
C) Unemployment and workman's comp are additional taxes. Add to the above and you get nearly 30% in effect TAXES to the federal Government!
That's not what your link says.
Libs would rather have 35% of zero than 15% of billions.
You only pay taxes on income, so WTF are you talking about?
OK how about these top deductions taken by "corporations"???I'd favor a 15% corporate rate if these businesses aren't allowed any deductions for lobbying, political contributions, stadium boxes, event tickets, over-the-top executive compensation, etc.
Here's my humble solution......
Congress should "try" a 15% tax on businesses for ONE year.....and if the revenue does NOT increase, then every idiot that voted for the bill is forced to resign.....
Let's see how Trump and congress like to gamble with our country's financial existence.
Repatriating the trillions of dollars sitting off-shore hiding from you libs and your asshole taxes.
OK... let's take your 1 year suggestion!Here's my humble solution......
Congress should "try" a 15% tax on businesses for ONE year.....and if the revenue does NOT increase, then every idiot that voted for the bill is forced to resign.....
Let's see how Trump and congress like to gamble with our country's financial existence.
Yes you are triggered and running amok with emoticons, adults are having a conversation go outside and playRepatriating the trillions of dollars sitting off-shore hiding from you libs and your asshole taxes.
This idiot does not know that GWB tried that and FAILED.
Report: Repatriation Tax Holiday a 'Failed' Policy
The 15 companies that benefited the most from a 2004 tax break for the return of their overseas profits cut more than 20,000 net jobs and decreased the pace of their research
spending.Report: Repatriation Tax Holiday a 'Failed' Policy
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell.
http://bizfinance.about.com/od/currentevents/tp/Top_Ten_Fin_Events_Decade.htmThere was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S. 2001 to 2009: Top Financial Events That Rocked the Decade
And you totally ignored the dot.com bust!
And you ignored the WORST Hurricane SEASONS!
Repatriating the trillions of dollars sitting off-shore hiding from you libs and your asshole taxes.
This idiot does not know that GWB tried that and FAILED.
Report: Repatriation Tax Holiday a 'Failed' Policy
The 15 companies that benefited the most from a 2004 tax break for the return of their overseas profits cut more than 20,000 net jobs and decreased the pace of their research
spending.Report: Repatriation Tax Holiday a 'Failed' Policy
Geez, maybe we should do something about Climate Change, then.
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell.
But that is not what you said before. You said "18,000 businesses were destroyed". Those were your words. So now we have a case of you shifting the goalposts. And no, 9/11 was not a catastrophic financial loss. As you saw in the facts, the market regained all its losses from 9/11 less than two months following the attack.
There was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S. 2001 to 2009: Top Financial Events That Rocked the Decade
So I'm wondering why you lumped in the expansion of homeland security with the financial losses from 9/11? Are you trying to say they had something to do with one another?
And you totally ignored the dot.com bust!
No I didn't. In fact, if you read my post, you'd see the cause of the dotcom bubble burst were The Capital Gains Tax Cuts. And even with the dotcom bubble burst, GDP growth for 2001 was still positive. Probably because of all those Mortgage Equity Withdrawals.
And you ignored the WORST Hurricane SEASONS!
Geez, maybe we should do something about Climate Change, then.
I should think such socially aware people like you that hate big corporations, evil capitalists you'd be aware of this but of course not!
YEA climate change affected NO major hurricane in 9 years until Harvey! Blame that on climate change SURE!!!
Repatriating the trillions of dollars sitting off-shore hiding from you libs and your asshole taxes.
YEA climate change affected NO major hurricane in 9 years until Harvey! Blame that on climate change SURE!!!
