Taxing The Rich Will **** Jobs... BULLSHIT

[MikeyK]

It boggles my fucking mind that some people are stilling claiming we shouldn't let the Bush tax cuts expire because raising taxes on the rich will cause them to hire less people. This is bullshit for the following reasons.

1) The Bush tax cuts have been in place for almost ten years now and the rich haven't created one fuckin job with their extra money.

2) It is absolutely ridiculous to think that the rich use their personal wealth to created jobs. They use the resources of their companies to create the jobs not personal wealth. But really they aren't even using company money to hire more people. They still send jobs over seas.

We need to let the Bush tax cuts expire and close all corporate loopholes. We should also tax any company that sends work overseas so it creates less incentive for them to use outside work.

 

[Hot Mega]

How do they explain cutting taxes then jobs getting ******? :1orglaugh

 

[MikeyK]

How do they explain cutting taxes then jobs getting ******? :1orglaugh

The supporters always have an excuse. The excuse I've heard most often is that they rich still aren't creating jobs because they are afraid the tax cuts will one day end. That logic is just beyond retarded.

 

[D-rock]

After all these decades I can't believe there are still people out there that believe the tripe that is supply side economics. It has drastically hurt most people for a long time now. The things that some people believe when it not only flies in the face of common sense (which trickle down economic's very premise does), but also in what they very directly observe and experience is almost incomprehensible.

 

[Hot Mega]

The supporters always have an excuse. The excuse I've heard most often is that they rich still aren't creating jobs because they are afraid the tax cuts will one day end. That logic is just beyond retarded.

Or they're trembling over what policy will emanate from D.C. and are willing to miss out on money in passing up opportunity to meet customer demand because they think Obama is going to cost them ...what, money??

 

[meesterperfect]

It boggles my fucking mind that some people are stilling claiming we shouldn't let the Bush tax cuts expire because raising taxes on the rich will cause them to hire less people. This is bullshit for the following reasons.

1) The Bush tax cuts have been in place for almost ten years now and the rich haven't created one fuckin job with their extra money.

2) It is absolutely ridiculous to think that the rich use their personal wealth to created jobs. They use the resources of their companies to create the jobs not personal wealth. But really they aren't even using company money to hire more people. They still send jobs over seas.

We need to let the Bush tax cuts expire and close all corporate loopholes. We should also tax any company that sends work overseas so it creates less incentive for them to use outside work.

you may be right, personally I know the problem is too much waste, reduce that and reduce taxes for all (who pay them) is the only answer.
also cut out that earned income credit refund (free money) system too, that only goes to ***** and ***** anyway.

 

[Hot Mega]

reduce that and reduce taxes for all (who pay them) is the only answer.

That's what Bush did.:2 cents:

Well, he cut taxes but waste increased on the order of billions in the middle of Iraq.

 

[meesterperfect]

That's what Bush did.:2 cents:

Well, he cut taxes but waste increased on the order of billions in the middle of Iraq.

Its not just the wars mega you know that.......THE GOV is too big, wastes too much money all over the place.
It wasn't supposed to ever be this way.

 

[MikeyK]

We can't reduce taxes we are already short on revenue. All we have to do is let the Bush tax cuts expire and allow the tax rates on the rich to go back to where they were. Also cut all the corporate loopholes. A lot of the big companies in this country pay little or even no taxes do to loopholes. The small businesses in this country actually pay taxes but the billion dollar corporations get away with pay almost nothing. It is sick.

 

[Hot Mega]

Its not just the wars mega you know that.......THE GOV is too big, wastes too much money all over the place.
It wasn't supposed to ever be this way.

It does...in the millions.

In Iraq waste was in the billions.:2 cents:

The g'ment being 'too big' is just a talking point. I don't know what that means unless you say what must be done away with AND offer a reasonable solution for how to solve the problem theoretically created by doing away with something.

 

[Trident1]

Dump the economic "experts" from Harvard that are advising Otrauma.

 

[MikeyK]

Everyone that says the government is too big would cry like babies if the government actually went away. I agree there is wasteful spending and that a good amount of government could be cut. People like Glenn Beck live in a fantasy land where people do the right thing on their own. If history has told us anything it is that people need to be told what to do at some degree. Examples: speed limits, not ******** and driving, companies shouldn't dump toxins into the ground and so on.

 

[Trident1]

Everyone that says the government is too big would cry like babies if the government actually went away. I agree there is wasteful spending and that a good amount of government could be cut. People like Glenn Beck live in a fantasy land where people do the right thing on their own. If history has told us anything it is that people need to be told what to do at some degree. Examples: speed limits, not ******** and driving, companies shouldn't dump toxins into the ground and so on.

We need some gov't but not what many in the White House/Dems want which is an overwhelming gov't presence which is characteristic of Socialist countries. All that leads to is paralysis.

 

[Straight Shooter]

Supply-side economics aka Reganomics doesn't work. We've seen this already under Reagan and then under Bush. The only thing it does is make the rich richer and the poor poorer. This notion that if you cut taxes you're unleashing this economic ***** and everybody is going to prosper and the economy is going to boom is all bullshit and there is evidence to support this.

 

[Atar554]

Because people pay less in taxes doesn't mean it goes anywhere but their bank accounts to earn interest. If you're wealthy and have any amount of money that would stimulate anything.

Average people see little in tax cuts so it doesn't matter if there's a cut or not as they continue to have a hard time. For instance you cut taxes then in my local community they had to put a millage on everyone to keep it open. Same thing happened years ago with the Detroit ***. Govt. couldn't pay for it and had to cut back to keep on a budget; people didn't want to lose a great attraction and all around great ***. So now the public pays for it directly.

Cut from one end and increase on the other to keep the things people want running. It's all smoke and mirrors.

 

[Hot Mega]

Dump the economic "experts" from Harvard that are advising Otrauma.

That's funny...how 'experts' with a bunch of alphabets stuffed behind their names believe because of that they know more than other 'experts' with the same alphabets behind their names.

Especially the cool ones who sit around teaching theory while others ply the trade...:1orglaugh...how goofy is that??

 

[Trident1]

Supply-side economics aka Reganomics doesn't work.

Neither does Keynesian economics. So now what?

That's funny...how 'experts' with a bunch of alphabets stuffed behind their names believe because of that they know more than other 'experts' with the same alphabets behind their names.

Especially the cool ones who sit around teaching theory while others ply the trade...:1orglaugh...how goofy is that??

Harvard school loves Keynesian economics which has been proven to fail both on paper and as we have seen since Obama has taken office, in the real world as well.

 

[Atar554]

Neither does Keynesian economics. So now what?

Carpet bomb the rest of the world
Enslave the survivors and use them to mine precious gemstones.
???
Profit.

 

[Trident1]

Carpet bomb the rest of the world
Enslave the survivors and use them to mine precious gemstones.
???
Profit.

Party till we're tardy.

 

[maildude]

The rich aren't afraid of higher taxes. They're afraid of competition.