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Topic:
Trillions in tax cuts [Locked] |
paulg_68  Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
Trillions in tax cuts |
cabbyman posted:
Bush hasn't been President for over 3 years.
These are the Obama tax cuts now! 
Libtards are still waiting for their turn to be in charge. It's like they were waiting for someone to say "go" and they didn't realize they already were in charge.
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Groucho48  Posts: 821
Registered: 2003-10-22 03:00:14
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Date Posted:
1/1/00 12:00am
Subject:
Trillions in tax cuts |
paulg_68 posted:
Groucho48 posted:
Cawlin posted:
For the record, tax cuts don't drain the treasury. SPENDING does.
They both do.
Walk me through it. You've got money in the treasury. Then you cut taxes.
How does that result in there being less money in the treasury without spending?
You have an income from taxes of 2 trillion a year and commit to a spending budget of 2 trillion. You then cut taxes and keep the same budget. Then, you add on two wars and free, no bid pills for old folks.
See what happens.
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Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:00am
Subject:
Trillions in tax cuts |
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You can tell whether people really care about the deficit or not by their response to these kinds of issues.
The people who really care say "yeah, more tax cuts is not fiscally responsible."
The Paulgs of the world say "go for it!"
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paulg_68 Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
Trillions in tax cuts |
Groucho48 posted:
keep the same budget
Like the man said, it's spending that drains the treasury. Cutting taxes didn't result in one single dollar removed.
There would be no deficits if I was in charge. Of course I wouldn't cut taxes either until there was a budget surplus because I do care about deficits. Libtards though will take every tax increase and just increase spending by twice as much.
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If you wish to make an apple pie from scratch...
http://www.youtube.com/watch?v=zSgiXGELjbc
"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
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Groucho48 Posts: 821
Registered: 2003-10-22 03:00:14
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Date Posted:
1/1/00 12:00am
Subject:
Trillions in tax cuts |
paulg_68 posted:
Groucho48 posted:
keep the same budget
Like the man said, it's spending that drains the treasury. Cutting taxes didn't result in one single dollar removed.
There would be no deficits if I was in charge. Of course I wouldn't cut taxes either until there was a budget surplus because I do care about deficits. Libtards though will take every tax increase and just increase spending by twice as much.
Spending drains the treasury. Taxing fills it. Change one without a corresponding change in the other changes what is in the treasury.
Maybe it doesn't work that way in Paulville, though.
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“Science is like sex: sometimes something useful comes out, but that is not the reason we are doing it.†– Richard Feynman
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__Bonk__  Posts: 5,122
Registered: 2009-7-25 03:04:52
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Date Posted:
1/1/00 12:00am
Subject:
Trillions in tax cuts |
Nobody gets elected by taking stuff away from voters. The candidates who give the most free stuff win. Obama gave millions of poor health care, companies billions of free money in bailouts and more.
Give them free stuff and get elected.
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NuEM Posts: 1,007
Registered: 2004-3-2 09:08:11
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Date Posted:
1/1/00 12:00am
Subject:
Trillions in tax cuts |
The rich not paying taxes works wonders for the economy. Just ask Greece and Italy.
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Elkad  Title: aka Ebenezer
Posts: 407
Registered: 2003-9-11 22:20:55
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Date Posted:
1/1/00 12:00am
Subject:
Trillions in tax cuts |
LOL. Stop with the 10year plan crap. Especially since the cuts are always projected to get bigger at the end, and never happens.
It's 370billion a year. We need to cut about 5x that just to break even.
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Cawlin Posts: 1,759
Registered: 2005-2-22 07:58:42
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Date Posted:
1/1/00 12:00am
Subject:
Trillions in tax cuts |
Elkad posted:
LOL. Stop with the 10year plan crap. Especially since the cuts are always projected to get bigger at the end, and never happens.
It's 370billion a year. We need to cut about 5x that just to break even.
But see, the 10 year plan is what let's you say things like "Trillions" in the headline and thereby make a sensational headline for the sheeple.
Libs only talk about having to cut spending when you force their hands in the discussion. Most of them would actually be happy if you taxed everyone making more than they are down to the level of poverty - just out of sheer ignorance and vindictiveness. As long as a dem is in office, they don't care that such taxation only goes to MORE pork and MORE spending...
Presently the government cannot be trusted with more money until it proves that it can be trusted to cut and spend wisely. It's worse than giving a drug addict $100 and expecting them to put that money towards anything other than more drugs.
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Scarne Title: Capo di Scientifico
Posts: 1,087
Registered: 2001-7-23 15:24:34
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Date Posted:
1/1/00 12:00am
Subject:
Trillions in tax cuts |
Elkad posted:
LOL. Stop with the 10year plan crap. Especially since the cuts are always projected to get bigger at the end, and never happens.
It's 370billion a year. We need to cut about 5x that just to break even.
There needs to be some sort of standard way to report budget plans, and 10 years is what is settled on. Budgets also have a mix of one-time (or few-time) line items and more "permanent" long term line items. So you need to have a bigger than one year outlook otherwise the one-time effects become way out of proportion compared to what they accomplish long term. Sure, the government could probably make a couple of billion by selling the Redwood National Forest to a private company, but it only gets to do that once and it would be over-represented if you presented it as part of a one year budget plan.
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