Kraichgauer
Veteran
Joined: 12 Apr 2010
Gender: Male
Posts: 48,693
Location: Spokane area, Washington state.
28 Jul 2011, 12:59 am
28 Jul 2011, 1:19 am
Kraichgauer
Veteran
Joined: 12 Apr 2010
Gender: Male
Posts: 48,693
Location: Spokane area, Washington state.
28 Jul 2011, 1:24 am
28 Jul 2011, 6:22 am
Kraichgauer
Veteran
Joined: 12 Apr 2010
Gender: Male
Posts: 48,693
Location: Spokane area, Washington state.
28 Jul 2011, 12:05 pm
29 Jul 2011, 11:24 pm
Kraichgauer
Veteran
Joined: 12 Apr 2010
Gender: Male
Posts: 48,693
Location: Spokane area, Washington state.
29 Jul 2011, 11:41 pm
29 Jul 2011, 11:43 pm
Kraichgauer
Veteran
Joined: 12 Apr 2010
Gender: Male
Posts: 48,693
Location: Spokane area, Washington state.
29 Jul 2011, 11:50 pm
29 Jul 2011, 11:53 pm
Kraichgauer
Veteran
Joined: 12 Apr 2010
Gender: Male
Posts: 48,693
Location: Spokane area, Washington state.
30 Jul 2011, 12:18 am
30 Jul 2011, 12:31 am
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Actually, we are at war. And as our previous president had taken us into two wars without raising revenue, I would think there would be all the more incentive to put the balanced budget wet dream aside so we can in the meantime get our house back in order.
-Bill, otherwise known as Kraichgauer
-Bill, otherwise known as Kraichgauer
Bush didn't raise taxes because we were reeling from a recession that started before he took office and 9/11 happened. He actually saw an increase in revenues when he lowered taxes, but Congress increased spending when they saw more money like children running loose in a candy store.
Revenue through lowering taxes? I believe that only happens in the Bizzaro world.
And it should be recalled, both houses of congress were under Republican control in those days. Can't pin this one on the Democrats!
And it should be mentioned that never once have taxes been lowered in war time. The simple fact of the matter is, those tax cuts - especially for the rich - are the cause of our current financial problems, and the sooner they're gone, the better.
-Bill, otherwise known as Kraichgauer
It is possible to get more revenue by lowering taxes, you're assuming the economy is remaining constant. When Bush lowered taxes, it spurred economic growth, causing an increase in the tax base, which lead to an increase in revenue because more people had jobs, and thus more people were paying taxes, which more than made up the loss of lowering taxes if the economy had remained constant.
Bush's economy had around 4-5% unemployment for much of his term, it didn't start creaping up until 2007-2008 (when Democrats had control of Congress).
Our current unemployment is officially above 9%, and unofficially at least 17% and probably higher than that. A lot of the people that were paying taxes are now out of work, so we've lost a huge portion of our tax revenue. Bush's tax cuts are not the problem, and raising taxes is only going to hurt this economy more.
All of you people have claimed you know more than me, seems you really don't know as much as you think you do.
Kraichgauer
Veteran
Joined: 12 Apr 2010
Gender: Male
Posts: 48,693
Location: Spokane area, Washington state.
30 Jul 2011, 12:36 am
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Actually, we are at war. And as our previous president had taken us into two wars without raising revenue, I would think there would be all the more incentive to put the balanced budget wet dream aside so we can in the meantime get our house back in order.
-Bill, otherwise known as Kraichgauer
-Bill, otherwise known as Kraichgauer
Bush didn't raise taxes because we were reeling from a recession that started before he took office and 9/11 happened. He actually saw an increase in revenues when he lowered taxes, but Congress increased spending when they saw more money like children running loose in a candy store.
Revenue through lowering taxes? I believe that only happens in the Bizzaro world.
And it should be recalled, both houses of congress were under Republican control in those days. Can't pin this one on the Democrats!
And it should be mentioned that never once have taxes been lowered in war time. The simple fact of the matter is, those tax cuts - especially for the rich - are the cause of our current financial problems, and the sooner they're gone, the better.
-Bill, otherwise known as Kraichgauer
It is possible to get more revenue by lowering taxes, you're assuming the economy is remaining constant. When Bush lowered taxes, it spurred economic growth, causing an increase in the tax base, which lead to an increase in revenue because more people had jobs, and thus more people were paying taxes, which more than made up the loss of lowering taxes if the economy had remained constant.
Bush's economy had around 4-5% unemployment for much of his term, it didn't start creaping up until 2007-2008 (when Democrats had control of Congress).
Our current unemployment is officially above 9%, and unofficially at least 17% and probably higher than that. A lot of the people that were paying taxes are now out of work, so we've lost a huge portion of our tax revenue. Bush's tax cuts are not the problem, and raising taxes is only going to hurt this economy more.
All of you people have claimed you know more than me, seems you really don't know as much as you think you do.
When did I ever say I know more than you? I only claim to disagree with you on various subjects.
-Bill, otherwise known as Kraichgauer
30 Jul 2011, 12:39 am
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Actually, we are at war. And as our previous president had taken us into two wars without raising revenue, I would think there would be all the more incentive to put the balanced budget wet dream aside so we can in the meantime get our house back in order.
-Bill, otherwise known as Kraichgauer
-Bill, otherwise known as Kraichgauer
Bush didn't raise taxes because we were reeling from a recession that started before he took office and 9/11 happened. He actually saw an increase in revenues when he lowered taxes, but Congress increased spending when they saw more money like children running loose in a candy store.
Revenue through lowering taxes? I believe that only happens in the Bizzaro world.
And it should be recalled, both houses of congress were under Republican control in those days. Can't pin this one on the Democrats!
And it should be mentioned that never once have taxes been lowered in war time. The simple fact of the matter is, those tax cuts - especially for the rich - are the cause of our current financial problems, and the sooner they're gone, the better.
-Bill, otherwise known as Kraichgauer
It is possible to get more revenue by lowering taxes, you're assuming the economy is remaining constant. When Bush lowered taxes, it spurred economic growth, causing an increase in the tax base, which lead to an increase in revenue because more people had jobs, and thus more people were paying taxes, which more than made up the loss of lowering taxes if the economy had remained constant.
Bush's economy had around 4-5% unemployment for much of his term, it didn't start creaping up until 2007-2008 (when Democrats had control of Congress).
Our current unemployment is officially above 9%, and unofficially at least 17% and probably higher than that. A lot of the people that were paying taxes are now out of work, so we've lost a huge portion of our tax revenue. Bush's tax cuts are not the problem, and raising taxes is only going to hurt this economy more.
All of you people have claimed you know more than me, seems you really don't know as much as you think you do.
When did I ever say I know more than you? I only claim to disagree with you on various subjects.
-Bill, otherwise known as Kraichgauer
I'm not just specifically referring to you, just you gave the most glaring example of not thinking things through.
Kraichgauer
Veteran
Joined: 12 Apr 2010
Gender: Male
Posts: 48,693
Location: Spokane area, Washington state.
30 Jul 2011, 12:49 am
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Actually, we are at war. And as our previous president had taken us into two wars without raising revenue, I would think there would be all the more incentive to put the balanced budget wet dream aside so we can in the meantime get our house back in order.
-Bill, otherwise known as Kraichgauer
-Bill, otherwise known as Kraichgauer
Bush didn't raise taxes because we were reeling from a recession that started before he took office and 9/11 happened. He actually saw an increase in revenues when he lowered taxes, but Congress increased spending when they saw more money like children running loose in a candy store.
Revenue through lowering taxes? I believe that only happens in the Bizzaro world.
And it should be recalled, both houses of congress were under Republican control in those days. Can't pin this one on the Democrats!
And it should be mentioned that never once have taxes been lowered in war time. The simple fact of the matter is, those tax cuts - especially for the rich - are the cause of our current financial problems, and the sooner they're gone, the better.
-Bill, otherwise known as Kraichgauer
It is possible to get more revenue by lowering taxes, you're assuming the economy is remaining constant. When Bush lowered taxes, it spurred economic growth, causing an increase in the tax base, which lead to an increase in revenue because more people had jobs, and thus more people were paying taxes, which more than made up the loss of lowering taxes if the economy had remained constant.
Bush's economy had around 4-5% unemployment for much of his term, it didn't start creaping up until 2007-2008 (when Democrats had control of Congress).
Our current unemployment is officially above 9%, and unofficially at least 17% and probably higher than that. A lot of the people that were paying taxes are now out of work, so we've lost a huge portion of our tax revenue. Bush's tax cuts are not the problem, and raising taxes is only going to hurt this economy more.
All of you people have claimed you know more than me, seems you really don't know as much as you think you do.
When did I ever say I know more than you? I only claim to disagree with you on various subjects.
-Bill, otherwise known as Kraichgauer
I'm not just specifically referring to you, just you gave the most glaring example of not thinking things through.
I am thinking it through. Bush had been left a surplus by Bill Clinton, as well as a roaring economy, but Bush squandered it.
I fail to understand how ending the tax breaks for the rich are going to hurt the economy, considering that the wealthy recipients of the cuts are hardly being asked to give up very much. On top of that, for all the tax cuts we've given the rich and corporations, when are they going to reciprocate, and start building our economy again? Because from my angle, it looks like the rich are only getting richer at our expense.
30 Jul 2011, 1:08 am
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Actually, we are at war. And as our previous president had taken us into two wars without raising revenue, I would think there would be all the more incentive to put the balanced budget wet dream aside so we can in the meantime get our house back in order.
-Bill, otherwise known as Kraichgauer
-Bill, otherwise known as Kraichgauer
Bush didn't raise taxes because we were reeling from a recession that started before he took office and 9/11 happened. He actually saw an increase in revenues when he lowered taxes, but Congress increased spending when they saw more money like children running loose in a candy store.
Revenue through lowering taxes? I believe that only happens in the Bizzaro world.
And it should be recalled, both houses of congress were under Republican control in those days. Can't pin this one on the Democrats!
And it should be mentioned that never once have taxes been lowered in war time. The simple fact of the matter is, those tax cuts - especially for the rich - are the cause of our current financial problems, and the sooner they're gone, the better.
-Bill, otherwise known as Kraichgauer
It is possible to get more revenue by lowering taxes, you're assuming the economy is remaining constant. When Bush lowered taxes, it spurred economic growth, causing an increase in the tax base, which lead to an increase in revenue because more people had jobs, and thus more people were paying taxes, which more than made up the loss of lowering taxes if the economy had remained constant.
Bush's economy had around 4-5% unemployment for much of his term, it didn't start creaping up until 2007-2008 (when Democrats had control of Congress).
Our current unemployment is officially above 9%, and unofficially at least 17% and probably higher than that. A lot of the people that were paying taxes are now out of work, so we've lost a huge portion of our tax revenue. Bush's tax cuts are not the problem, and raising taxes is only going to hurt this economy more.
All of you people have claimed you know more than me, seems you really don't know as much as you think you do.
When did I ever say I know more than you? I only claim to disagree with you on various subjects.
-Bill, otherwise known as Kraichgauer
I'm not just specifically referring to you, just you gave the most glaring example of not thinking things through.
I am thinking it through. Bush had been left a surplus by Bill Clinton, as well as a roaring economy, but Bush squandered it.
I fail to understand how ending the tax breaks for the rich are going to hurt the economy, considering that the wealthy recipients of the cuts are hardly being asked to give up very much. On top of that, for all the tax cuts we've given the rich and corporations, when are they going to reciprocate, and start building our economy again? Because from my angle, it looks like the rich are only getting richer at our expense.
They're not going to invest until they know what the rules are, right now it's like playing a game where one of the players can make up the rules as they go along even having rules be retro-active, which is unheard of.
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