Logan 5
Silver and Black and blue in 2009
Premium,MVM
join:2001-05-25
The WasteLAN |  reply to Im not here
Re: And Ronald says......
Close, but I was referring to McDonald, but I can see how you might mistake the two.  |
|
lswinney
join:2002-09-02
Pasadena, TX | No doubt you purposely left out the biggest clowns of all. The Clinton/Gore Comedy Troup. |
|
BCDT
@cable.earthlin
 from:
MrTangent 
| Re: The Clinton/Gore Comedy Troup
Now surpassed by the Bush/Cheney Dishonesty Tour. |
|
cableblows3
join:2001-06-17
Indianapolis, IN
| said by BCDT:
Now surpassed by the Bush/Cheney Dishonesty Tour.
what has he lied about? he has kicked alot of butt, starting with little al, and give us some tax cuts. only people who should be mad are the left wing nuts and their hordes of, i want pay for no work crybabies. really scalds the behinds of lefties. hehe |
|
DonLibes
Premium,ExMod 2001
join:2003-01-19 | For starters, he's lied about the very issue you mention - tax cuts including who benefits and how it will affect the economy. |
|
Beeper
Part Of The Problem
join:2001-09-27
Dayton, OH
clubs:
| said by DonLibes :
For starters, he's lied about the very issue you mention - tax cuts including who benefits and how it will affect the economy.
Since I pay taxes, I will benefit. Since rich people pay just about all of the income taxes in America, they will benefit.
However...
A 350 billion dollar tax cut does not matter one bit. Over the next 10 years, cumulative GDP of the US will be more than 100 trillion dollars. Reducing taxes on that economy by .35% is diddly-squat. The current tax cut is the functional equivalent of free supersizing of your extra value meal.
If you want to get serious about tax cuts, try a 350 billion a year instead of over a decade.
--
Guaranteed Fear and Loathing. Abandon all hope. Prepare for the Weirdness. Get familiar with Cannibalism. |
|
DonLibes
Premium,ExMod 2001
join:2003-01-19
| said by Beeper :
said by DonLibes :
For starters, he's lied about the very issue you mention - tax cuts including who benefits and how it will affect the economy.
Since I pay taxes, I will benefit. Since rich people pay just about all of the income taxes in America, they will benefit.
Actually, you won't benefit. Not in the short term or the long term. In the short term, the refunds will be made by raising taxes elsewhere (state and local governments for starters). But the reality is we don't have the money to give back, so the US is going into debt to provide the tax cuts. Further debt, that is. The long term is that you're going to have to pay back the current cuts plus all the interest plus the existing debt and its interest that we're already trying to ignore. When the baby boomers start to retire, the US is going to be in deep trouble. |
|
havinfun
join:2002-01-29
Schenectady, NY | Until spending is harnessed, the dream of paying off the debt is just that. |
|
Beeper
Part Of The Problem
join:2001-09-27
Dayton, OH
clubs:
| reply to DonLibes
said by DonLibes :
HR> Actually, you won't benefit. Not in the short term or the long term.
In the short term, I am expecting to get about $600 off of my 2003 taxes. That's a benefit.
In the long term, I am expecting to do nicely with dividend and capital gains tax reduction. My SPDR's will continue to build a long term nest. That's a benefit.
said by DonLibes :
In the short term, the refunds will be made by raising taxes elsewhere (state and local governments for starters).
I don't see any tax hikes in for me locally. Elected officials don't last long in office (see Dick Celeste) in Ohio.
said by DonLibes :
But the reality is we don't have the money to give back, so the US is going into debt to provide the tax cuts.
The debt is largely irrelevant. It is a fraction of GDP. US interest rates are incredibly low despite government borrowing.
said by DonLibes :
When the baby boomers start to retire, the US is going to be in deep trouble.
Only if new benefits are awarded them, like free prescription drugs. US demographics are positive. The largest population boom US history (Baby Boom echo) is underway. Coupled with heavy immigration, the population pyramid is in good shape.
»www.usatoday.com/news/nation/200···at_x.htm
There are plenty of future tax payers in America. Contrast with to Japan, Germany, and Italy.
»www.census.gov/ipc/www/idbsum.html
--
Guaranteed Fear and Loathing. Abandon all hope. Prepare for the Weirdness. Get familiar with Cannibalism. |
|
Benji21126
join:2002-12-04
Mount Juliet, TN
| reply to Beeper
The Rich pay most of the income tax? where the heck did you come up with that nonsense?? The "rich" pay less than 1% of income tax, while they control 90% of the money.
lower-middle and middle class pay the majority of the income tax.
what planet you on man???? |
|
raptorsasd
join:2003-05-23
Wichita, KS
| reply to Beeper
i agree i dont care who is or was president. i made a little bit of money with bush sr. i was making great cash flow under clinton. i am still making money under bush jr.
you could put ted bundy, marlynn manson, hell even put bozo the clown in as president i will still make a good income and residual income/benifits from all of the things i am in to. |
|
SammySam
@attbi.co
| reply to Beeper
I'm a tax attorney, and I majored in economics in the college days (those were the days...) anyway:
No, acually you or anyone else will from this tax cut.
Since the money to fund this will be borrowed at the effective intrest rate it will be about 1 trillion dollars.
and Acually no the US GDP will not grow by 1000% over the next ten years
thats 10 trillion a year? |
|
-
@attbi.co
| reply to Beeper
The United States GDP in 2002 was 11 Trillion Dollars and the national debt is 6 Trillion Dollars
The low interest rates are causing the dollars international presence to drop.
So your SYPDR's won't be doing better anytime soon :P
Economy boosting tax cuts are SHORT TERM (1-2 yrs) and they are paid with GOVERNMENT SPENDING CUTS. |
|
-
@attbi.co | reply to Benji21126
Your wrong buddy i think you got that backwards the top 1% of the income makers in America pay 70% of all income taxes collected in the United States... |
|
SolarPup
IT Geek-Dawg
Premium
join:2002-03-07
The Pound
clubs: | reply to BCDT
oh give me a f^cking break, those 2 are not at all dishonest. I'd love to see when and how they are. Hell of a lot better than the 2 butt-buddies we had in the whitehouse before. |
|
hijo51
join:2002-02-09
Stone Mountain, GA
|  Ok yeah they are very dishonest.
The oil contract for who would have been able to take care of any oil-well fires that may exist in Iraq. Was awarded to Halliburton where Dick Cheney was the former CEO.
They didn't go through the NORMAL contract bidding process they just awarded it to Halliburton.
Ok, It's true that Halliburton is recongized for put out oil fires the best.
Ok then lets chose Halliburton.
But instead of just giving them the 4 billion dollars for the fires. The contract included 7 billion dollars of oil contracts that will be awarded to Halliburton.
Then he announced that Halliburton was chosen to put out the fires. Hiding the truth that Halliburton will get Iraqi oil aswell.
He's alot less than honest. |
|
MrTangent
join:2001-12-28
Earth
| And this Halliburton oil/contract thing is just the tip of the iceberg. It's just the latest in the long lineage of lies and mass deception at the hands of the Bush Administration.
To the original poster who apparently believes everything he sees/reads in the mass media, where are the "weapons of mass destruction" that Bush was using as an excuse for invasion? Convenient that they don't exist, eh, and even more convenient that the majority of American's short-term AND long-term memory regarding various issues is almost non-existent... the neo-conservatives will play on this repeatedly.
I can't even begin to list all the things Bush has done since stealing the election, but this site sums it up. It's not to be taken literally, since it's partially a joke, but the issues are summarized quite nicely.
--
"War Is Peace. Freedom Is Slavery. Ignorance Is Strength" |
|
adnoctum
Status Woe
join:2003-05-18
Athens, GA | reply to BCDT
Amen. |
|
