White House to forcast record defecits
- Thread starter jethrek
- Start date
aria
Former Moderator
- Joined
- Dec 4, 1977
- Posts
- 39,546
YES!!
The days of big government sure are over!
See? Bush proved you can cut taxes while increasing spending to insane levels! There are no repercussions at all.
At least the richest in the country are paying some of the lowest taxes among us. They shouldn't pay any of it.
The days of big government sure are over!
See? Bush proved you can cut taxes while increasing spending to insane levels! There are no repercussions at all.
At least the richest in the country are paying some of the lowest taxes among us. They shouldn't pay any of it.
slerch666
updyke,
- Joined
- May 23, 2002
- Posts
- 8,984
I feel tax should be set to a percentage, and not a stepping percentage, just a percentage. Say like 10%-%15 for everyone. Rich pay more, poor pay less, but it's as far as it will get.
Does it surprise me that they are reporting record deficit? Hell no. 2 wars in 4 years. Creating the 'Dept of Homeland Security.' Cutting taxes and giving everyone $300. Yeah, that was all cheap shit.
Does it surprise me that the Republican run White House is waiting until after the DNC to report this? Nope. Would it change the DNC? Nope. Everyone already knows it's a record defecit, why would they need officinal statements to back it up? You'd have to be retarded not to know it's a record defecit.
That's what happens when the monkeys rise to rule.
Does it surprise me that they are reporting record deficit? Hell no. 2 wars in 4 years. Creating the 'Dept of Homeland Security.' Cutting taxes and giving everyone $300. Yeah, that was all cheap shit.
Does it surprise me that the Republican run White House is waiting until after the DNC to report this? Nope. Would it change the DNC? Nope. Everyone already knows it's a record defecit, why would they need officinal statements to back it up? You'd have to be retarded not to know it's a record defecit.
That's what happens when the monkeys rise to rule.
Deficits I could forgive in the wake of 9/11 and the War in Afghanistan and in Iraq (flawed as that one was).
However, not pulling back most of the tax cuts after all that went down is rather dumb.
Fiscal responsibility, why have the "conservatives" forsaken us? Kerry sounds good now, but who doesn't when they're campaigning. I don't know if I trust him to follow through on it.
However, not pulling back most of the tax cuts after all that went down is rather dumb.
Fiscal responsibility, why have the "conservatives" forsaken us? Kerry sounds good now, but who doesn't when they're campaigning. I don't know if I trust him to follow through on it.
I think I remember that, and the big thing was that it was at or near the highest percentage, or at least more than the lowest bracket was paying. So, there was the impression that the lower and middle classes were getting soaked. At least, that's how I vaguely remember it. It was 8 years ago after all.VanillaThunder said:
aria
Former Moderator
- Joined
- Dec 4, 1977
- Posts
- 39,546
johnroche said:
It was a long time ago, but I know what you and VT are talking about.
As I recall, and its a little fuzzy for me too, one of the potential strengths of a flat tax was the rich wouldn't be able to use multiple tax loopholes to lower their taxes to ultra-low levels (like many do now). The flip side was "what if they don't successfully close the loopholes", in which case the rich would end up hosing the poor again.
that is a good explanation right there.
Values of the US dollar are different now.
still... its a bad number... but things are not as bad as what people think.
those who say the economy is not turning around.... cannot be looking very hard. here at our accounting firm. We can tell things are picking up for people.
For some other industries its still somewhat hard... but things are picking up.
†B†V†
Loopz
Formerly Punjab,
- Joined
- Aug 16, 2001
- Posts
- 12,871
The economy may be 'picking up' for large companies' bottom line, but wages remain completely flat and stagnant. Unemployment is still pretty damn high, and people cannot just quit work to obtain training to get those mythical higher wage jobs that we are still losing since our workforce remains largely unskilled.
Until this gap in skills and low wages is remedied, any recovery will be shaky and shallow. GWB doesn't have a fucking clue what to do about this, other than cling to that completely irresponsible tax cut that only serves to get himself elected. We'll all end up footing the bill later on. GOP=fucking stupid these days.
I've always disagreed with the GOP on social issues, but at least they used to be fiscally responsible. Between the Bible thumping and debt raising, they're no friends of mine. I'll take care of my own mortal fortitude, mkay? Thanks.
Until this gap in skills and low wages is remedied, any recovery will be shaky and shallow. GWB doesn't have a fucking clue what to do about this, other than cling to that completely irresponsible tax cut that only serves to get himself elected. We'll all end up footing the bill later on. GOP=fucking stupid these days.
I've always disagreed with the GOP on social issues, but at least they used to be fiscally responsible. Between the Bible thumping and debt raising, they're no friends of mine. I'll take care of my own mortal fortitude, mkay? Thanks.