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| Budget and Taxes Do you feel that raising taxes will help solve the debt of the United States? Are you a fan of Reaganomics? |
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| | #21 (permalink) | ||||||||||||||||||||||
| Council Member ![]() Join Date: Sep 2005 Location: Michigan, Near Detroit Posts: 1,028
| Quote:
The reason I say that it is generally better practice to use social security tax dollars to prevent debt is because interest on debt accumulates much faster than interest gathered on money invested. That is, if the government went into debt, it would lose more money than it made from the interest of investing the social security money, and this loss would eventually have to be repaid by the taxpayers in the form of increased taxes. -Jaxian | ||||||||||||||||||||||
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| | #22 (permalink) | ||||||||||||||||||||||
| Council Member ![]() Join Date: Sep 2005 Posts: 1,808
| Quote:
Trickle down economics: The only theory that actually sounds like pissing on people. I'd like to point out that Bill O'Reilley doesn't know shit about economics, and the amount of money collected by the government is irrelevant when we are in over our ears in debt. Anyway, I don't think that tax cuts for the rich help the poor, but they certainly help the rich, and there's nothing wrong with that. Personally, I think it would make more sense to just restructure and have a flat percentage for everyone above the poverty line, but making the transition would probably be a bit rocky. I actually think that the government could get more revenue from a simplified system, because it would be much, much harder to cheat. My political compass Economic Left/Right: 5.63 Social Libertarian/Authoritarian: -6.41 Last edited by Dylan; 07-26-2006 at 08:22 AM. | ||||||||||||||||||||||
| | #23 (permalink) | ||||||||||||||||||||||
| Council Member ![]() Join Date: Sep 2005 Posts: 1,808
| Quote:
The Bush administration has basically fucked us over, as far as fiscal responsibility and conservatism is concerned. My political compass Economic Left/Right: 5.63 Social Libertarian/Authoritarian: -6.41 | ||||||||||||||||||||||
| | #24 (permalink) | |||||||||||||||||||||
| Banned Join Date: May 2006 Location: Wild Wild West Gender: ![]() Posts: 7,659
| Did you ever try funding a war on 2 fronts without a national debt? Check out WWII figures. | |||||||||||||||||||||
| | #25 (permalink) | |||||||||||||||||||||
| Banned Join Date: Feb 2006 Location: Omaha Beach Posts: 7,298
| People spend far too much time pissing and moaning about "the rich". First of all, nobody has a set consensus on who "the rich" are. - Is it $50,000 per year and above families? - Is it people who have inherited money? - Is it farmers who, on paper, are worth over a million dollars? - Are "the rich" determined by world standards, comparing Americans to people in 3rd World countries? Second, for the most part, it is "the rich" who are creating jobs and employing people. - Joe Blow, who works 9-5 and buys 5 Lotto Tickets on his way home, before stopping at the local bar, will almost certainly NEVER employ anybody, or pay their wages. But he'll be the first one to sit on the bar stool and scream about "them ()*#&@^#@*^$#@ rich SOBs!" - For the most part, it is the venture capitalists and visionaries who strike out and create jobs. However, they also often fail in their business ventures. Often the person who owns and runs a very successful company today was broke 10 years ago. But he tried again. Third, most people don't understand that a business that grosses $2 million per year does NOT automatically mean that the owner of that business is rich. Let's stop blaming "the rich" for all that ails our world. They're not the problem. Furthermore, blaming "the rich" does little more than help people continue to be lazy and make bad decisions. After all, "it's not my fault!" | |||||||||||||||||||||
| | #26 (permalink) | ||||||||||||||||||||||
| Senator ![]() Join Date: Jan 2006 Location: Columbus, OH Gender: ![]() Posts: 3,687 Country: ![]()
| Quote:
"If you want to achieve peace of mind and happiness, then have faith; if you want to be a disciple of truth, then search" -- Friedrich Nietzsche Economic Left/Right: -9.50 Social Libertarian/Authoritarian: -6.72 | ||||||||||||||||||||||
| | #27 (permalink) | ||||||||||||||||||||||
| Banned Join Date: May 2006 Location: Wild Wild West Gender: ![]() Posts: 7,659
| Quote:
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| | #28 (permalink) | ||||||||||||||||||||||
| Banned Join Date: May 2006 Location: Wild Wild West Gender: ![]() Posts: 7,659
| Quote:
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| | #29 (permalink) | ||||||||||||||||||||||
| Senator ![]() Join Date: Jan 2006 Location: Columbus, OH Gender: ![]() Posts: 3,687 Country: ![]()
| Quote:
"If you want to achieve peace of mind and happiness, then have faith; if you want to be a disciple of truth, then search" -- Friedrich Nietzsche Economic Left/Right: -9.50 Social Libertarian/Authoritarian: -6.72 | ||||||||||||||||||||||
| | #30 (permalink) | ||||||||||||||||||||||
| Banned Join Date: Feb 2006 Location: Omaha Beach Posts: 7,298
| Quote:
Let's not kid ourselves. The goal of war is to win. Nothing more and nothing less. The only question is in regards to what lengths a country will go to "win". | ||||||||||||||||||||||
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