Fred S

[JL 0513]

Believing that tax cuts will pay for themselves? Any historical evidence of that?

Every tax cut?

Democrats think about taxation backwards. They think it's the governments money and they just let us keep some of our earnings to survive.

What is this idea that tax cuts must "pay for themselves"? No, the government is supposed to operate at a minimal capacity. The money is ours first. It's up to the government to do with less.

 

[bacha29]

Not sure how that pertains to my post but perhaps millions of people should stop demanding "free" lunches [from the government (tax payers)].

Federal spending can and will be cut when the demand for government services is reduced to the point where those services can be eliminated including many that can and will impact negatively the quality of your own life.

 

[Jkloc420]

Federal spending can and will be cut when the demand for government services is reduced to the point where those services can be eliminated including many that can and will impact negatively the quality of your own life.

government money is used to get votes

 

[bacha29]

government money is used to get votes

Special interest money buys votes. Just ask the Koch brothers.

 

[Jkloc420]

Special interest money buys votes. Just ask the Koch brothers.

it happens on both sides

 

[bacha29]

Special interest money buys votes. Just ask the Koch brothers.

If you don't believe me take a moment and read :... Citizens United vs. Federal Election Commission 2010.

 

[zerocool5468]

All CRRS step 7+ get topped out. Steps 5,6 get moved to 7. Steps 1-4 stay where they are.
All employees continue to get major shipping discounts.
All employees enjoys flight benefits from partner airlines...

Aren't you happy enough working for the company?

Lol there are several 10-12 year couriers at my station on step 3 or 4. That seems fair...not.

 

[bbsam]

Almost everyone benefits. Not just directly from the tax cut, but we're already seeing the billions being invested in workers through businesses and the cut hasn't even started yet. More news today of Apple bringing back 10's of billions back to the US as a result of the cut.

What do you mean about our children and grandchildren.Tax revenue will be going up. I hope you're not listening to those that have scored this thing statically as if businesses won't grow $1 going forward or that employment won't grow at all. Those are the ludicrous assumptions that created that $1.5T shortfall figure.

Math.

If you have $100 subject to taxation at 40% you get $40.

If you cut the tax rate to 20%, you need to double economic activity to get the same $40.

Now the argument seem to be that cutting the tax rate spurs economic activity. Ok.

Even if you double economic activity, you still haven't even begun to touch the budget deficit or the debt.

Now who believes the economic activity will double? If it doesn't, the deficit and the debt explode.

 

[IVE GOTTA PACKAGE 4U]

Math.

If you have $100 subject to taxation at 40% you get $40.

If you cut the tax rate to 20%, you need to double economic activity to get the same $40.

Now the argument seem to be that cutting the tax rate spurs economic activity. Ok.

Even if you double economic activity, you still haven't even begun to touch the budget deficit or the debt.

Now who believes the economic activity will double? If it doesn't, the deficit and the debt explode.

Maybe it will inspire more corporations to stay over here instead of going overseas. Also more people working means less people living off of government handouts.

 

[vantexan]

Math.

If you have $100 subject to taxation at 40% you get $40.

If you cut the tax rate to 20%, you need to double economic activity to get the same $40.

Now the argument seem to be that cutting the tax rate spurs economic activity. Ok.

Even if you double economic activity, you still haven't even begun to touch the budget deficit or the debt.

Now who believes the economic activity will double? If it doesn't, the deficit and the debt explode.

Let's see how it goes. What's for certain is we'll no longer be able to grow the nanny state.

 

[bbsam]

Maybe it will inspire more corporations to stay over here instead of going overseas. Also more people working means less people living off of government handouts.

Let's see how it goes. What's for certain is we'll no longer be able to grow the nanny state.

Math, fellas.

Look at your 401k's and your other investments. Doing well, right?

Is the math underlying the stock market sound?

Does the math hold up to the scrutiny that the US WILL NOT default on it's debt? Or that single party rule in Washington is never going to address the true drivers of the debt?

Eventually somebody's gonna have to pay. Where will your finances factor into the equation?

 

[IVE GOTTA PACKAGE 4U]

Math, fellas.

Look at your 401k's and your other investments. Doing well, right?

Is the math underlying the stock market sound?

Does the math hold up to the scrutiny that the US WILL NOT default on it's debt? Or that single party rule in Washington is never going to address the true drivers of the debt?

Eventually somebody's gonna have to pay. Where will your finances factor into the equation?

They need to cut government spending, get people working make some real money and hopefully the national debt will stabilize a bit.

 

[bbsam]

They need to cut government spending, get people working make some real money and hopefully the national debt will stabilize a bit.

Oh. That's all? Shouldn't be a problem. Lol.

Because I heard the other day that all the special interests went home.

 

[IVE GOTTA PACKAGE 4U]

Oh. That's all? Shouldn't be a problem. Lol.

You got to start somewhere.

 

[bbsam]

You got to start somewhere.

Starting is easy.

Kennedy cut taxes. Reagan cut taxes. Obama cut taxes.

We start fiscal responsibility the way smokers quit smoking: over and over and over.

 

[IVE GOTTA PACKAGE 4U]

Starting is easy.

Kennedy cut taxes. Reagan cut taxes. Obama cut taxes.

We start fiscal responsibility the way smokers quit smoking: over and over and over.

What do you suggest?

 

[bbsam]

What do you suggest?

The republicans own Washington. Tax cuts are always easy. Now cut Medicare, Medicaid, Social Security, and defense spending. Where are the deficit hawks? They are in power.

My guess is they don't have the desire or the balls to do it.

 

[IVE GOTTA PACKAGE 4U]

The republicans own Washington. Tax cuts are always easy. Now cut Medicare, Medicaid, Social Security, and defense spending. Where are the deficit hawks? They are in power.

My guess is they don't have the desire or the balls to do it.

Nobody has the balls to do the right thing. Everyone is too worried about getting elected back in to office. I would love to see no more career politicians. Two terms and your done.

 

[vantexan]

Oh. That's all? Shouldn't be a problem. Lol.

Because I heard the other day that all the special interests went home.

The trajectory we were on wasn't sustainable. What solutions do you have for an ever increasing debt, and ever increasing amount of interest to service that debt? The interest alone is taking an ever bigger bite of the Federal budget. The only real solution, one that has worked before, is grow the economy. Look at the 90's. We actually managed to balance the budget. Two wars and a lot of spending later got us here. It's just not feasible to continue as before. Despise him if you must, but Trump is telling other nations to pick up tab on their own defense. Or they don't deserve our money for acting poorly. In other words he's finding ways to cut down the out go. We are now spending less but have a long way to go. A static economy won't get us there.

 

[bbsam]

Nobody has the balls to do the right thing. Everyone is too worried about getting elected back in to office. I would love to see no more career politicians. Two terms and your done.

That's my point.

So the math says that if they fail to double the size of economic activity al they've done is make people feel good and explode the debt further.

Reaganesque?