Originally posted by Bardock42Are you seriously asking?
That a fact?
Originally posted by Grand-Moff-GavYeah.
So if I said...George Bush, I hope you dad shoots your mum 14 times then leaves her to die in a well, then kills your brother and rapes your wife....you would laugh?
But for someone not like me, there's of course limits.
Originally posted by Strangelove
Actually, tax cuts strain the economy more than tax increases.See: the last 8 years.
Cutting taxes on the middle class and raising taxes on the rich creates surpluses and general prosperity.
See: the 8 years before the previous 8 years.
I'm confused.
Doesn't it take 3-5 years for the administration policies of a presidency to make an impact on the economy?
I could have sworn that was Economics 101...
Also, it's not all the US Presidency's policy that affects the economy. In fact, it's probably a much smaller factor "people" would like to admit. It's a nice talking point, though, isn't it?
Listen, I posted this before but nobody seems to get it:
If you raise taxes on businesses, they will have to a)fire employees, b)lower employees wages, c) increase cost of goods to consumers to make up the difference, d) all of the above.
If you work for a business, or are a consumer of goods for a business, you will get screwed by the tax increase on businesses.
How does THAT sound when you're already struggling to keep your job, pay your mortgage, and fill your gas tank?
It sounds great, "We'll get the most wealthy citizens and big businesses to fix our economy by taxing them more, they can afford it!" ....until you realize how they will in turn screw the middle class over.
And I'm fundamentally against the idea that those who worked hard for their riches have to give them away for others.
Like my stepmothers father, a Hispanic man in the San Francisco bay area, who worked from age 20 as a copy boy in the mail room at IBM, and over 25 years with only a HS diploma, worked himself to a position of brokering million-dollar deals for IBM.
He's one of 5 managers in his department, the only without a college degree. He literally worked his way up from the bottom with nothing to become a success.
THAT'S the American Dream. That's what's supposed to happen!
Now under Obama, the money that he spent his life earning to become wealthy, he would have to give away to those who don't want to work and think the govt. should supply them through welfare.
He already gives up close to a quarter of his income through taxes as it is!
Originally posted by Shakyamunison
So, all Christians should give away their millions of dollar and live in the street. Sounds good to me. Maybe we could turn some of those fancy churches into homeless shelters. 😆 😛
Within reason, your probably right.
9 People who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge men into ruin and destruction. 10For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs. (1 Timothy 6)
27 Peter answered him, "We have left everything to follow you! What then will there be for us?"28Jesus said to them, "I tell you the truth, at the renewal of all things, when the Son of Man sits on his glorious throne, you who have followed me will also sit on twelve thrones, judging the twelve tribes of Israel. 29And everyone who has left houses or brothers or sisters or father or mother[f] or children or fields for my sake will receive a hundred times as much and will inherit eternal life. 30But many who are first will be last, and many who are last will be first. (Matthew 19)
Originally posted by lord xyz
Not to be assy, but how do you know?
What, that it's a mistake to tax the wealthy and businesses or that my grandfather worked for his living?
1.) Because it's common sense and I listed the reasons above.
2.) Because he told me and I trust him.
I honestly mean no disrespect here, but being a 16 year old kid from another country, I don't think you get or appreciate the story of the American Dream in action.
lol
lets not split hairs
depending on how you measure economic prosperity, tax cuts to different groups produce better results.
my personal opinion is that middle class tax cuts are the best, as the money is deposited directly into the economy in the goods and services sector, and benefits corporations that cater to their needs.
Tax cuts for the rich are good for investing, yet investing has been pretty systematically removed from having any benefit on regular people. Investment no longer, because of various laws (ie gvt interference), is long term, but entirely shot term and profit motivated. The social and infrastructure benefits of investment, rather than the pocket book benefits, require long term strategies of more better performance, not quick slash and burn style investment that is seen very rampantly today.