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Show ALL Forums  > Politics  > Can Republicans permit us to suffer the cliff...      Home login  
 AUTHOR
 OyVay...
Joined: 7/15/2011
Msg: 26
Can Republicans permit us to suffer the cliff...Page 2 of 16    (1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16)
This is something to read....fairy tales from the right would be a more apt name!

First off save the lies! Congress has TWO houses, the democrats control the majority of the Senate, although the republicans arfully use the "super majority" to stymy the people's work.

No one expects them to "roll over", we expect them to negoiate like grown ups, not whine like petulant children! Why would anyone believe negoiating is repeating the same thing said before the election, which the populace rejected outright? Do you actually believe Romney would not be pressing HIS agenda, full tilt if he had won? He was a moron then, a moron now, and will be a moron in the future...richie rich, who would serve up the vast majority on a silver platter for the good of his ilk!

"At one time the majority of Americans supported Bush and the war in Iraq"

ANOTHER LIE!!! Presented as what? A 10 year war, with no basis in fact for it's beginnings? The American people were not so enamoured of the war, as vengence for 9/11...a fact you conservatives fail to see every time.

These past few posts are why we need some accurate historians. Or this will be just another example of history rewritten, like the civil war, slavery and the religious and the way to govern...

Shit...why not throw on some question about his birth certificate, or his Muslim faith? That fits so nicely with the narative you people like to believe...maybe toss in a reference to 'gifts' like magic underpants did!
 427cammer
Joined: 3/1/2008
Msg: 27
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History
Can Republicans permit us to suffer the cliff...
Posted: 12/5/2012 3:59:23 PM
yule:

Thus, the interests of these GOP members are no longer (if they have ever been) for the majority of the pple; but rather the 2 percenters up on top who want to remain privileged as such!

...and yet they managed to get a majority of the vote to get themselves elected... those are the voters they should be trying to please and not worry about the ones who voted for Obama. There are actually intelligent people making less than $250k who don't believe increasing taxes on the rich is near as important as cutting spending.

^^^^I'm not saying what they are doing is neccesarily right (especially if they've got aspirations of winning the next Presidential election).... I just find it ridiculous that people would automatically assume they're going to switch positions 180 degrees just because Obama won... the people who elected them probably don't agree with Obama on very many issues.


OyVay:

First off save the lies!

You know, participation in these forums is strictly voluntary. If you're not having fun anymore or the strain is getting to you maybe you should just bow out.

Do you actually believe Romney would not be pressing HIS agenda, full tilt if he had won?

Of course he would of... just like I expect the Dems would be trying to block him with everything they had at their disposal. Quite possibly we would be hearing squeals of "Obstructionists!!!" coming from the GOP now.... you just wouldn't be hearing it from me (well possibly just as an opportunity to point out the hypocrisy... a guy's gotta have some fun).

ANOTHER LIE!!!

I could copy and paste dozens of sources that would support my statement.... you know this to be true... you're the liar.

Shit...why not throw on some question about his birth certificate, or his Muslim faith? That fits so nicely with the narative you people like to believe...maybe toss in a reference to 'gifts' like magic underpants did!

....and he cried "Wee.... wee..... wee...." all the way home.
 BigBadNIrish
Joined: 1/31/2011
Msg: 28
Can Republicans permit us to suffer the cliff...
Posted: 12/6/2012 6:27:52 AM
I see that some republicans congressmen are now ready to increase taxes on the 2% after seeing their voting base is in favor of these tax increases...I wonder what Grover thinks about that?
 OyVay...
Joined: 7/15/2011
Msg: 29
Can Republicans permit us to suffer the cliff...
Posted: 12/6/2012 8:44:01 AM
"I could copy and paste dozens of sources"

Fine then post a couple, that showed as I said, it was not anger at 9/11, or a belief that Iraq had something to do with 9/11 or that the war was based on WMD's, that did not exist. That the American people approached this as a war-like people who wanted war....

The rest is not worth addressing...
 Aries_328
Joined: 10/16/2011
Msg: 30
view profile
History
Can Republicans permit us to suffer the cliff...
Posted: 12/6/2012 8:49:54 AM

I see that some republicans congressmen are now ready to increase taxes on the 2% after seeing their voting base is in favor of these tax increases...I wonder what Grover thinks about that?


But what you don't see is what a waste it is and why it is pointless other then making the mob happy.

Just heard on news right now.
CA tax rate overall 51.9% on your so called rich. Next year the 200k people will be knocked down... so it won't be enough... will then have to move to the 100k mark. knock them down. then on to the 80k...

And if fiscal cliff hits... anything over poverty is rich.

Class based societies suck. It is only about power.

You want people to beg you for your favors. That still won't be enough to satisfy that super hero complex of leftists.
 flyguy51
Joined: 8/11/2005
Msg: 31
Can Republicans permit us to suffer the cliff...
Posted: 12/6/2012 11:15:06 AM

CA tax rate overall 51.9% on your so called rich.

Yeah, I've seen this one before. It was a BS claim then, and I doubt much has changed in the last couple of weeks. It is based upon a major misunderstanding of how marginal tax rates work. In other words, the actual rate isn't even close to 51.9%. Rightists have a penchant for exaggerating tax rates. Perhaps it helps their case for victimhood, but it doesn't do much for their credibility.

That said, that is what the majority of CA voters voted in. This particular thread is about negotiating the federal rate.

It would be a shame if all those Teapublicans in the House allow a tax rise on 100% (well, of those who pay income tax) of their constituency just because they wouldn't compromise at the expense of 2% of their constituency. The wants of rank-and-file voters vs. the wants of major campaign contributors... that is a pickle...
 427cammer
Joined: 3/1/2008
Msg: 32
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History
Can Republicans permit us to suffer the cliff...
Posted: 12/6/2012 1:10:51 PM
OyVay:

Fine then post a couple, that showed as I said, it was not anger at 9/11.... etc.

Call me a liar and then try and twist what I said into something that doesn't have the slightest resemblance in order to fascillitate another of your rants.... why am I not surprised?

My statement was:

At one time the majority of Americans supported Bush and the war in Iraq.... those who were against the war should have just shut up?

I was illustrating that the majority of people are not always correct... that Republicans don't owe allegiance to the majority who voted Obama in... they are there to represent the majority who elected them into Congress. Don't like it?... fine... find a dictatorship with nice weather and move there.

The rest is not worth addressing...

Coming from POF's standard bearer of civil and on-topic discourse?.....

Ouch!!
 BigBadNIrish
Joined: 1/31/2011
Msg: 33
Can Republicans permit us to suffer the cliff...
Posted: 12/6/2012 1:24:21 PM
Actually democrat congressmen received more total votes, but due to gerrymandering virtually the status quo was maintained in congress.
 Aries_328
Joined: 10/16/2011
Msg: 34
view profile
History
Can Republicans permit us to suffer the cliff...
Posted: 12/8/2012 12:15:53 PM

It would be a shame if all those Teapublicans in the House allow a tax rise on 100% (well, of those who pay income tax) of their constituency just because they wouldn't compromise at the expense of 2% of their constituency. The wants of rank-and-file voters vs. the wants of major campaign contributors... that is a pickle.


Can anyone show the actual $ amount that will be collected for the rise for the 2% rich people?

The real $ amount.

What will that money be spent on?

Prove this isn't all just mob mentality and basically childish bullies shaking down the country to cave in to power trips by psychotic sycophants with delusions of grandeur for their own sick sense of 'doing good for others'.

http://www.npr.org/blogs/itsallpolitics/2012/11/30/166254259/raising-taxes-on-the-rich-canny-or-counterproductive

According to the nonpartisan Congressional Budget Office, about 200,000 jobs would be lost next year if rates for the wealthy were increased. But the CBO also says the positive economic effects of deficit reduction would outweigh the potential dampening of job creation.


This is seriously a shakedown and nothing more
http://www.cnn.com/2012/12/05/politics/fiscal-cliff/?hpt=po_c1

In an interview with Bloomberg TV, Obama said lower tax rates for the wealthy could be negotiated as part of broader tax reform in 2013, but only after those rates increase now.


IOW it is a total BS argument that the tax increase in financially necessary. It's just a middle finger to anyone that happened have a moderate amount of success. Nothing more more then the portrayal of class upheaval against the wealthy in progressive struggle

The election rhetoric saying "It's simple math" and demonizing republicans and stating the ability to accomplish the same damn thing without raising taxes is now all of the sudden possible in 2013 by closing loopholes and deductions.

Hypcrosy at the most basic and fundamental levels and only shows the absolute deceit played by leftists and continuing by leftists for no other reason the to damage the country in whole and as fast as possible. OF course Leftists want to go over the cliff. The more people they break the more they can increase their power and dependence.

So the only way to avoid the leftists rapid destruction of the country is to give in and tax the wealthy and cause a significant damage to jobs and productivity which will then be blamed again on the rich for hording.

Hold it off a bit until 2014 with the health care provisions start kicking in.

http://m.cnn.com/primary/cnnd_fullarticle?articleId=cnn/2012/12/07/politics/fiscal-cliff&branding=&pagesize=10&category=cnnd_politics&cookieFlag=COOKIE_SET

The current rate is 35%, and one path to a deal suggests a compromise at around 37% that would allow Obama to say he got more revenue from the wealthy while giving Republicans a concession.


Oh... Big surprise... yeah, do this research after the election. Thanks controlled media
http://www.washingtontimes.com/blog/inside-politics/2012/nov/30/gallup-yes-democrats-liberals-favor-socialism/

Are Democrats and liberals really socialists? Looks like it. Numbers from a new Gallup Poll provide some backing for claims made by GOP rivals and conservatives over the years:


-"You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time."
 Aries_328
Joined: 10/16/2011
Msg: 35
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History
Can Republicans permit us to suffer the cliff...
Posted: 12/8/2012 12:57:33 PM

Goooooo Fat Cats!!!!!


The part that isn't shown is that it required lying to get it. It requires lying to keep it. It requires theft and force to maintain. Additional force will be needed next.
 CallmeKen
Joined: 9/4/2009
Msg: 36
Can Republicans permit us to suffer the cliff...
Posted: 12/8/2012 1:35:38 PM
if they allow the country to suffer the Fiscal Cliff.

You mean the very same fiscal cliff that President NotBush created with the Budget Control Act of 2011?

Let me see if I get your logic here:
1. A Democrat President passes an automatic series of budget cuts through a Democrat-majority Senate.
2. Under the Democrat President's legislation, the tax cuts that a Republican President (ie., Bush) passed would expire.
3. The Democrat President turns down several compromise offers - including one raising taxes.
4. Somehow, this is all the fault of the Republicans.

Of course, this makes perfect sense now. This kind of logic must be why they call you guys Progressives.
 IgorFrankensteen
Joined: 6/29/2009
Msg: 37
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History
Can Republicans permit us to suffer the cliff...
Posted: 12/8/2012 2:35:21 PM
^^^You are ignoring what I asked, and reading in politics that have nothing to do with the question.

It doesn't matter who set what up. if you vow not to raise taxes, and you then take action to make taxes go up, you have broken your vow. Yes or no?
 Aristotle_Amadopolis
Joined: 12/8/2011
Msg: 38
Can Republicans permit us to suffer the cliff...
Posted: 12/8/2012 2:49:12 PM

Prove this isn't all just mob mentality and basically childish bullies shaking down the country to cave in to power trips by psychotic sycophants with delusions of grandeur for their own sick sense of 'doing good for others'.

Easy.

What is being asked for is resetting of levels that once where, nothing new and nothing different, as basic re-adjusted to a policy that obviously failed.


The idea that it is some type of class warfare is clearly an idea put forward by psychotic sycophants with delusions of grandeur and a loose graphs on reality and facts regarding economics.
 Aries_328
Joined: 10/16/2011
Msg: 39
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History
Can Republicans permit us to suffer the cliff...
Posted: 12/8/2012 2:57:11 PM

Easy.

What is being asked for is resetting of levels that once where, nothing new and nothing different, as basic re-adjusted to a policy that obviously failed.


The idea that it is some type of class warfare is clearly an idea put forward by psychotic sycophants with delusions of grandeur and a loose graphs on reality and facts regarding economics.


Nonsense. It is math right. show the numbers. Your feelings are irrelevant. Either the money is statistically significant or it is not. Show your work please.

What is the number and what is it going to be used for.

Prove it.
 Aristotle_Amadopolis
Joined: 12/8/2011
Msg: 40
Can Republicans permit us to suffer the cliff...
Posted: 12/8/2012 3:16:28 PM

Nonsense. It is math right. show the numbers. Your feelings are irrelevant. Either the money is statistically significant or it is not. Show your work please.

What is the threshold for statistically significant?

What math do you want to see?

Do you want to see that the tax rates for the wealthy have been going down since the 50's?

Do you want to the numbers that show the top earners have increase their wealth while everyone else has decreased?




What is the number and what is it going to be used for.

It is big and it will be used for the same things as it has always been used for, improving the lives of all citizens.




Prove it.

Look outside, count the things you see that where paid for with tax dollars.

Then take away all things paid for with tax dollars and see if your world just got better or worse.

If it just got worse, I proved it.
 Aries_328
Joined: 10/16/2011
Msg: 41
view profile
History
Can Republicans permit us to suffer the cliff...
Posted: 12/8/2012 3:20:24 PM

It is big and it will be used for the same things as it has always been used for, improving the lives of all citizens.

PROVE IT



Look outside, count the things you see that where paid for with tax dollars.

Then take away all things paid for with tax dollars and see if your world just got better or worse.

If it just got worse, I proved it.


I did and it was STATE paid for and CITY paid for...

You can't prove anything.
 Aristotle_Amadopolis
Joined: 12/8/2011
Msg: 42
Can Republicans permit us to suffer the cliff...
Posted: 12/8/2012 4:19:47 PM

PROVE IT

Do you understand that arguing that federal tax dollars have not improved the lives of the citizens of the USA on the internet is the same as arguing against Newton's Third Law of Motion while water-skiing?




I did and it was STATE paid for and CITY paid for...

You can't prove anything.

Oh yeah that is right states and municipalities can not apply for federal dollars for infrastructure improvements and other related projects or projects that exceed the budget, like bridges and major roadways.

They fund all those projects and guarantee the loans with no help from the federal government.

Do you really live in the USA or are you just playing with me, because I would have thought that it should be pretty straight forward the role that the federal government has on your life.
 Aries_328
Joined: 10/16/2011
Msg: 43
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History
Can Republicans permit us to suffer the cliff...
Posted: 12/8/2012 4:51:12 PM
Do you understand that arguing that federal tax dollars have not improved the lives of the citizens of the USA on the internet is the same as arguing against Newton's Third Law of Motion while water-skiing?


Non answer. How much actual money are you talking about. Strawman all you want. You have no facts to support your belief.



Oh yeah that is right states and municipalities can not apply for federal dollars for infrastructure improvements and other related projects or projects that exceed the budget, like bridges and major roadways.

They fund all those projects and guarantee the loans with no help from the federal government.

Do you really live in the USA or are you just playing with me, because I would have thought that it should be pretty straight forward the role that the federal government has on your life.


Strawman again. You have no evidence that the increasing of federal tax on the rich will have any impact on federal concerns.


Can you prove this wrong?
http://www.financialsamurai.com/2011/04/12/how-much-money-do-the-top-income-earners-make-percent/

s the economy continues to recover, it’s likely that the top 1% of income earners will likely pay an even higher percentage share of overall income taxes than 38%. If things were fair, they would only have to pay 20% of total income taxes since 20% is their share of total income. Alas, the rich pay almost double what they owe.

On the flip side, the bottom 50% who earn 12.75% of total earnings only pays a paltry 2.7% in total taxes. Inequality is wrong and we should treat everybody equally. Discrimination is not OK, just because you aren’t being discriminated against. The government should try to fix the imbalance by increasing the breadth of working Americans who pay taxes to 100% so that everybody pitches in. If all working Americans in the bottom 50% paid taxes, the 10% gap in what they should be paying should narrow.

It doesn’t makes sense if you are in the bottom 50% who isn’t paying their fair share of taxes to go after the top 50%, let alone the top 1% who are paying way more than their share of income. Trying to squeeze people even more when you’re not paying any taxes, or paying very little is a throwback to tyranny.


Prove something.... anything... the election is over... time to show the cards.
 Aristotle_Amadopolis
Joined: 12/8/2011
Msg: 44
Can Republicans permit us to suffer the cliff...
Posted: 12/9/2012 8:44:58 AM

Can you prove this wrong?
http://www.financialsamurai.com/2011/04/12/how-much-money-do-the-top-income-earners-make-percent/

Yep.

The article like others selectively looks at only one slice of taxes and then uses the Conservative trick with the claim of the top 1% pay the most in $'s with regards to federal taxes hoping the stupid will not figure out the obvious flaw in that kind of logic.
 Aries_328
Joined: 10/16/2011
Msg: 45
view profile
History
Can Republicans permit us to suffer the cliff...
Posted: 12/9/2012 1:46:16 PM
The article like others selectively looks at only one slice of taxes and then uses the Conservative trick with the claim of the top 1% pay the most in $'s with regards to federal taxes hoping the stupid will not figure out the obvious flaw in that kind of logic.

Non-answer only ad hominem. Because the article is conservative it is therefor invalid?

Prove something. How much $ is being extorted? Obama refuses to make a deal under the threat of economic hardship for the country unless his demands are met? The money is not yours. It is not mine. It is not the governments. It is private property being taken under threat. I would like to know the amount.


You guys don't see this because you have clouded judgment about some irrationally defined sense of 'fairness'.

Sorry if I don't think the kool-aid is very tasty.

Not one legitimate justification provided yet.

VVV Simple question. How much money is being asked for? Prove what you say is true. Go ahead and show the math. It's logical right. That means you have facts and numbers. Not percentages. actual amount expected to be raised by raising taxes on the top 2%. Show the proposal. Where is it?
 Aristotle_Amadopolis
Joined: 12/8/2011
Msg: 46
Can Republicans permit us to suffer the cliff...
Posted: 12/9/2012 1:52:51 PM

Non-answer only ad hominem. Because the article is conservative it is therefor invalid?

No it is because it is making conclusions that defy logic and basic understanding of how taxes are paid.
 Aries_328
Joined: 10/16/2011
Msg: 47
view profile
History
Can Republicans permit us to suffer the cliff...
Posted: 12/9/2012 2:25:50 PM
since those asking to steal from others don't really care about facts this is all I can really find.
http://www.politifact.com/texas/statements/2012/aug/03/francisco-quico-canseco/quico-canseco-says-bush-cuts-expiring-would-cause-/

Most estimates for the increase caused by repealing the tax cuts hover around $3.7 trillion over 10 years, the number represented in the Congressional Budget Office’s Budget and Economic outlook from January 2012. (The number is listed under the category of "extend certain income tax and estate and gift tax," though analysts assured PolitiFact New Hampshire that it refers to the Bush tax cuts).
Because it would only be expiring for the 2% it is probably a fair number to use despite the additional 1 trillion in AMT.

The expected revenue is 3.7 trillion over 10 years.
3.7 trillion / 10 = three hundred seventy billion per year.

So, Now that Obama publicly said he would consider lowering the tax rates next year and he just wants this to go threw this year just to make a deal that is essentially holding a $370 billion dollar ransom over the country to be paid by 2% of the population.

You do the math... how is that 'fair'.
2% of 300 million = 6000000

370 billion / 6 million people = $61666.6666667

Half of those people will not pay that much due to marginal tax rate so probably looking at the upper 50% to pay the majority of it and your looking at over 100k per person for the year for the top 1%. Yes they can afford it. But so what. It is meaningless to add to the pile.

For a business that is easily adjusted for by firing 1 worker making 100k or by firing 4 people at 25k. For an individual that could mean no new car for the year. Maybe less construction on the house. Maybe canceling a business deal that contains risk. It is essentially removing 100k per "rich person" from the economy and taking it and throwing it into a black hole.

This is what you think is fair?

So, unless the ransom is met the triggers of the fiscal cliff occur and its republicans fault?

Show me your facts or lose the argument. How much and how will it be used. Generalizations will not be sufficient.

I don't mind being proven wrong.
 Aristotle_Amadopolis
Joined: 12/8/2011
Msg: 48
Can Republicans permit us to suffer the cliff...
Posted: 12/9/2012 2:46:47 PM

since those asking to steal from others don't really care about facts this is all I can really find.

Who is stealing what?

Seriously if you are going to make sh*t up at least try harder next time.

If anyone is stealing anything it is the people who make billions and then some how have convinced the stupids that even though their incomes have gone up while everyone elses has gone down they are being asked for more when the reality is they are being asked for the same as everyone else.





For a business that is easily adjusted for by firing 1 worker making 100k or by firing 4 people at 25k. For an individual that could mean no new car for the year. Maybe less construction on the house. Maybe canceling a business deal that contains risk. It is essentially removing 100k per "rich person" from the economy and taking it and throwing it into a black hole.

Thanks for showing you also have no idea how a business works.

So when you fire someone making 100K or four people making 25K you now pay less in salaries (which btw the way is more than 100K but you would have to know a bit about payroll to understand that) how do you make up the money lost due to the lack of productivity?

Unless you think that people hire people to work for companies that do nto actually contribute to the bottom line.

Thus your simple explanation is just that, "simple".




Show me your facts or lose the argument...

Really, this coming from the person that posts opinion blogs and tries to pass them off as facts, maybe it is time to get a grip.




..How much and how will it be used. Generalizations will not be sufficient.

I already told you, all of it.

If you are not able to understand that the government needs money to function and provide citizens with needed infrastructure and protection then that is your failure to understand.
 Aries_328
Joined: 10/16/2011
Msg: 49
view profile
History
Can Republicans permit us to suffer the cliff...
Posted: 12/9/2012 2:59:51 PM

I already told you, all of it.

If you are not able to understand that the government needs money to function and provide citizens with needed infrastructure and protection then that is your failure to understand


You don't dispute the 370 million per year and you don't acknowledge it. So you have no argument.

Your strawman that government needs money is a non sequitur to the argument with the specif point of the fiscal cliff and requiring the expiration of the bush tax cuts on the top 2% of income earners.

So you concede? You have no argument other than 'because I say so'. Due to your use of an irrational self referential and infinitely regressive argument that they need to pay because they need to pay and because you think it is fair I will not expect you to have the capacity to acknowledge your loss of the argument and to infinitely repeat your unsupported claims thereby affirming my conclusion that elimination of the bush tax cuts for the top 2% is nothing more then political theft of property and a power trip.
 flyguy51
Joined: 8/11/2005
Msg: 50
Can Republicans permit us to suffer the cliff...
Posted: 12/9/2012 10:35:08 PM
The point of contention here doesn't seem to be a matter of dollars and cents but rather a matter of agreeing/disagreeing with a progressive income tax structure. One of the main benefits of a progressive tax is that a larger portion of money that would be saved (the wealthy have all their wants and needs met and save the rest) is instead taxed and used by the government. If the government spends the money (SS, Medicare, infrastructure, defense), that is a stimulus to the economy that privately saved money would not cause. If the government uses that revenue to pay down the debt, then that is beneficial for already much discussed reasons.

What is often overlooked is that the wealthy actually benefit from this scheme as well because of higher demand for goods and services.

(Warning: blog article)

... Advocates of Supply-Side economics have apparently never realized that when they recommend across-the-board income tax cuts and matching reductions in government spending, they are proposing a policy that---all else equal---is guaranteed to either cause a recession or make any ongoing recession worse. Across-the-board income tax cuts are contractionary (assuming matching spending cuts) because wealthier recipients of income tax cuts will save some of the extra disposable income they are given. Since not all money that is saved is lent out to borrowers, there is a net leakage of money out of the economy whenever money is saved...

... A fiscal policy initiative can properly be described as expansionary only if it ends up increasing total spending in the economy. Tax cuts by themselves cannot do that. In spite of this fact, nearly every introductory economics textbook in America today mentions tax cuts as one of the federal government's expansionary fiscal policy tools and fails to mention that tax increases are far more effective than tax cuts in stimulating the economy when the money that is collected in taxes would have otherwise been saved. One unfortunate consequence of this educational failure is that we now have politicians in charge of America's federal government who have cut taxes repeatedly over the past few years in the mistaken belief that they would stimulate the economy.

The only reason why the Bush Tax Cuts did not plunge the economy into an even deeper recession is because the federal government increased its spending after Nine-Eleven using borrowed money to finance it instead of tax revenue. Unfortunately, the stimulative effect of this increased spending was largely offset by the contractionary effect of the tax cuts. Giving the largest share of a tax cut to rich people who are most likely to save a great deal of it is not a very intelligent thing to do when the economy is struggling to pull out of a recession. The result has been a sputtering and long overdue 'recovery' that has created far fewer jobs than almost any economic recovery in American economic history in spite of the added benefit of historically low interest rates...

http://nontrivialpursuits.org/Tax_Policy.htm


And historically, one just needs to look at the top marginal rates in effect in 1929, 1987, and 2008. In other words, they were low during major stock market crashes.
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