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Posts: 155
does this give me permission to slap the next Republican I hear calling for more tax cuts? -- nm
Posted by
znufrii
Aug 3 '09, 10:51
(No message)
Responses:
znu, you should know as well as anyone...businesses spend based on future projections. If all we have to look forward to is cap and tax, the Bush
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GJOSHGREEN
Aug 3, 10:56
15
what does business spending have to do with a balanced government budget?
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ty97
Aug 3, 10:58
14
BO is initiating the largest money-grab on record from the private sector to the public. If businesses don't spend, the money grab is futile.
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GJOSHGREEN
Aug 3, 11:00
13
I *know*! Woohoo, Obama! -- nm
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David
Aug 3, 11:04
business spending is an indicator of economic growth. They're not expanding because all the work for profits is going to taxed to death.
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GJOSHGREEN
Aug 3, 11:04
10
If you're getting taxed at that high of a rate, chances are most of your income isn't from "working" in the first place, in the conventinoal sense of
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znufrii
Aug 3, 11:09
9
[deleted]
are you still in NY state? -- nm
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GJOSHGREEN
Aug 3, 11:12
7
sure am. -- nm
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znufrii
Aug 3, 11:12
6
taxes alone would eat up >$22k of a $65k salary...and that's before the health care tax hike/cap and tax/expiration of Bush cuts in '10
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GJOSHGREEN
Aug 3, 11:19
5
the accuracy of that number aside...
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znufrii
Aug 3, 11:24
If taxes are too high, and the deficit is killing us, what's your solution? -- nm
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ty97
Aug 3, 11:21
3
quit spending money...quit bailing out private companies...quit starting new programs when we can't fund the old.
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GJOSHGREEN
Aug 3, 11:23
2
[deleted]
1
I agree....but people will continue to hoard cash if they think they have to brace for something.
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GJOSHGREEN
Aug 3, 11:26
oooo....kkkkk. Again, what does that have to do with a conversation about a need for a balaned budget?
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ty97
Aug 3, 11:02
The argument is that tax cuts can actually result in more tax income. -- nm
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Dano
Aug 3, 10:54
3
which, to my understanding, has been debunked many times over. -- nm
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znufrii
Aug 3, 10:55
2
unless you look at the Reagan years -- nm
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GJOSHGREEN
Aug 3, 11:10
1
[deleted]
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