Ptilk Title: Creepy old pirate Posts: 2,359 Registered: 2002-2-13 14:52:58
Date Posted:1/1/00 12:00amSubject:
Trillions in tax cuts
Liberals like to cut spending just as much as conservatives do. They just like to cut different things. No liberal I know wants to tax everyone down to poverty. That's just stupid. Many of us do want higher taxes though...on everyone, not just the rich. Many of us also want a uniform corporate tax rate that has no loopholes and no deductions.
A simple progressive tax code with zero exemptions and zero caps and no different rates based upon marital status for individuals would be a great step for getting our economic system back in order.
There are literally thousands of government programs that should be eliminated. Food stamps, EITC, the vast majority of the standing military, our current public education system, medicare and medicaid, all those state and local programs for childrens health insurance, welfare and housing vouchers, DEA, ICE, CIA, most of the criminal justice system, the list is almost endless.
Of course, when many of the above are eliminated, something else will have to be created to take it's place. All the health and medical programs replaced with single payer, public education system with one that is more uniform and funded differently, most federal law enforcement and criminal justice consolidated and much, much smaller....but more efficient systems will save tons of money, as well as providing a better service for that money.
Date Posted:1/1/00 12:00amSubject:
Trillions in tax cuts
Ptilk posted: Liberals like to cut spending just as much as conservatives do. They just like to cut different things. No liberal I know wants to tax everyone down to poverty. That's just stupid. Many of us do want higher taxes though...on everyone, not just the rich. Many of us also want a uniform corporate tax rate that has no loopholes and no deductions.
A simple progressive tax code with zero exemptions and zero caps and no different rates based upon marital status for individuals would be a great step for getting our economic system back in order.
There are literally thousands of government programs that should be eliminated. Food stamps, EITC, the vast majority of the standing military, our current public education system, medicare and medicaid, all those state and local programs for childrens health insurance, welfare and housing vouchers, DEA, ICE, CIA, most of the criminal justice system, the list is almost endless.
Of course, when many of the above are eliminated, something else will have to be created to take it's place. All the health and medical programs replaced with single payer, public education system with one that is more uniform and funded differently, most federal law enforcement and criminal justice consolidated and much, much smaller....but more efficient systems will save tons of money, as well as providing a better service for that money.
Wait...what?
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Date Posted:1/1/00 12:00amSubject:
Trillions in tax cuts
Ptilk posted: Liberals like to cut spending just as much as conservatives do. They just like to cut different things. No liberal I know wants to tax everyone down to poverty. That's just stupid. Many of us do want higher taxes though...on everyone, not just the rich. Many of us also want a uniform corporate tax rate that has no loopholes and no deductions.
A simple progressive tax code with zero exemptions and zero caps and no different rates based upon marital status for individuals would be a great step for getting our economic system back in order.
There are literally thousands of government programs that should be eliminated. Food stamps, EITC, the vast majority of the standing military, our current public education system, medicare and medicaid, all those state and local programs for childrens health insurance, welfare and housing vouchers, DEA, ICE, CIA, most of the criminal justice system, the list is almost endless.
Of course, when many of the above are eliminated, something else will have to be created to take it's place. All the health and medical programs replaced with single payer, public education system with one that is more uniform and funded differently, most federal law enforcement and criminal justice consolidated and much, much smaller....but more efficient systems will save tons of money, as well as providing a better service for that money.
Like I said in another thread:
we need a reboot.
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Date Posted:1/1/00 12:00amSubject:
Trillions in tax cuts
Cawlin posted:
Ptilk posted: Liberals like to cut spending just as much as conservatives do. They just like to cut different things. No liberal I know wants to tax everyone down to poverty. That's just stupid. Many of us do want higher taxes though...on everyone, not just the rich. Many of us also want a uniform corporate tax rate that has no loopholes and no deductions.
A simple progressive tax code with zero exemptions and zero caps and no different rates based upon marital status for individuals would be a great step for getting our economic system back in order.
There are literally thousands of government programs that should be eliminated. Food stamps, EITC, the vast majority of the standing military, our current public education system, medicare and medicaid, all those state and local programs for childrens health insurance, welfare and housing vouchers, DEA, ICE, CIA, most of the criminal justice system, the list is almost endless.
Of course, when many of the above are eliminated, something else will have to be created to take it's place. All the health and medical programs replaced with single payer, public education system with one that is more uniform and funded differently, most federal law enforcement and criminal justice consolidated and much, much smaller....but more efficient systems will save tons of money, as well as providing a better service for that money.
Like I said in another thread:
we need a reboot.
In other words, meet the new boss, same as the old boss.
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"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
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Date Posted:1/1/00 12:00amSubject:
Trillions in tax cuts
SoBaKi posted: In other words, meet the new boss, same as the old boss.
Who are you proposing as the new boss?
None of the candidates presently under serious consideration are any different than any of the others, nor would they provide the kind of "reboot" I'm talking about.
I'm talking about wholesale changes to the way our government operates with respect to its interface with private industry, I'm talking about massive changes to the way private industry is regulated, I'm talking about massive changes to the way social programs are handled and funded (and make no mistake, I am not talking about cutting social programs out - just making them WORK).
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If ignorance were painful, half the posters here would be on morphine drips.
Everyone playing WoW knows everything about playing two classes: 1) their own and 2) Hunters
Date Posted:1/1/00 12:00amSubject:
Trillions in tax cuts
SoBaKi posted:
Ptilk posted: Liberals like to cut spending just as much as conservatives do. They just like to cut different things. No liberal I know wants to tax everyone down to poverty. That's just stupid. Many of us do want higher taxes though...on everyone, not just the rich. Many of us also want a uniform corporate tax rate that has no loopholes and no deductions.
A simple progressive tax code with zero exemptions and zero caps and no different rates based upon marital status for individuals would be a great step for getting our economic system back in order.
There are literally thousands of government programs that should be eliminated. Food stamps, EITC, the vast majority of the standing military, our current public education system, medicare and medicaid, all those state and local programs for childrens health insurance, welfare and housing vouchers, DEA, ICE, CIA, most of the criminal justice system, the list is almost endless.
Of course, when many of the above are eliminated, something else will have to be created to take it's place. All the health and medical programs replaced with single payer, public education system with one that is more uniform and funded differently, most federal law enforcement and criminal justice consolidated and much, much smaller....but more efficient systems will save tons of money, as well as providing a better service for that money.
Wait...what?
He's talking about replacing the failed and broken versions of many of these programs with updated, revamped and hopefully more effective and efficient versions. I think.
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Date Posted:1/1/00 12:00amSubject:
Trillions in tax cuts
theredkay1 posted: Its always amazing to watch the mental gymnastics the right tries to pull when this topic comes up.
Does anyone look at their own household budget and insist that their income doesnt affect the balance?
If the government collects money and then turns around and mails out checks to people....thats budget busting spending!
But if the government decides to save time and effort and tells people to just send in less.....thats totally different and doesnt affect the budget.
Welfare = drains the treasury
EITC = no impact
Section 8 housing = drains the treasury
mortgage interest deduction = no impact
medicaid = drains the treasury
medical insurance/spending tax deductions = no impact
It's interesting that you would bring up this analogy. I have used it before and it still holds true:
If your household makes $5k a month and you have $6k of expenses, you're going to go into debt. If you cannot foresee a reasonably large change to your monthly income in the near future, eventually your debt and the interest on it will bankrupt you.
You have two choices, you can cut expenses, or you can increase your income.
If you're income is already maxed, then you must cut expenses.
Maybe you don't need HBO after all.
Maybe your kids don't really need smart phones with unlimited data packages.
Maybe you don't need a third vehicle for vacations.
Maybe you can't afford to spend $15k this year on a family trip to Europe for two weeks. Maybe you have to consider a vacation at the KOA 50 miles away instead, or maybe just a "staycation".
Maybe you can't afford to eat out every Friday night and have to cut back to eating out once a month.
Maybe you didn't need the 5,000 square foot home for your family of 4 and should have either exercised better judgement when you purchased it or should sell it and downsize to a more manageable mortgage. (Yeah the housing crash sucks for that right now, but the point stands because the point is about living beyond your means.)
When your expenses outstrip your earnings and you're going into debt, a private citizen rarely has the option to just simply "increase their income" - ESPECIALLY in the current economy. We cannot typically go to our bosses and demand a raise. Your typical private citizen MUST cut their expenses.
Meanwhile, if you want to stick to the analogy, the government is NOT telling us about cuts to its spending. One party is telling us about cuts it wants to make to taxes, while the other party is telling us about increases it wants to make to taxes... conspicuously absent is a discussion of spending cuts. That is the very definition of fiscally irresponsible behavior.
Private citizens are admonished to be fiscally responsible and to examine their expenses and to live within their means and that debt is to be managed with the utmost of care.
Meanwhile, how is our government acting?
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If ignorance were painful, half the posters here would be on morphine drips.
Everyone playing WoW knows everything about playing two classes: 1) their own and 2) Hunters
Date Posted:1/1/00 12:00amSubject:
Trillions in tax cuts
Repeal the tax cuts, money in the bank. Problem solved, somewhat.
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Scarne Title: Capo di Scientifico Posts: 1,087 Registered: 2001-7-23 15:24:34
Date Posted:1/1/00 12:00amSubject:
Trillions in tax cuts
Cawlin posted: Meanwhile, if you want to stick to the analogy, the government is NOT telling us about cuts to its spending. One party is telling us about cuts it wants to make to taxes, while the other party is telling us about increases it wants to make to taxes... conspicuously absent is a discussion of spending cuts. That is the very definition of fiscally irresponsible behavior.
Except the article is about tax cuts, not spending increases.
So from your example, if you have income of $5000 and expenses of $6000, you want the course of action to be to decrease your income to $4000.
