Democrat or Republican . . .

[Skip N]

Originally Posted by spence

This doesn't make any sense...

-spence

I didnt phrase that very well. Lets try this again. What i was attempting to say is that when americans recieve tax cuts from the governement, everyone who pays taxes should get a share of the tax cuts. The rich are entilted to get some of thier tax money back too. Lets not penalize people for being succesful, and not give them a refund as well. it's thier money to ya know!

[spence]

Originally Posted by Skip N

I didnt phrase that very well. Lets try this again. What i was attempting to say is that when americans recieve tax cuts from the governement, everyone who pays taxes should get a share of the tax cuts. The rich are entilted to get some of thier tax money back too. Lets not penalize people for being succesful, and not give them a refund as well. it's thier money to ya know!

I'd wager the wealthy make out on most tax breaks...unless it's a special program like the earned income credit.

But this stuff is probably dramatically outweighed by dividend cuts, capitol gains etc... that have much more impact on the investor class.

-spence

[BassyiusMaximus]

I agree that if one works hard, one should get to keep what they make, however, we do all need to pay our fair share.

One of the main reasons I don't go to the movies, pay for cable TV or even go to concerts or sporting events is because the people who would profit don't need any more of my hard earned money. On the flip side, while atheletes and movie stars and the owners and producers and such make so much, they also pay so much, so it makes the world go round. I sure can't complain about what I make, I always knew that if I wanted something that no one was just going to give it to me. I knew I had to work for it. But as I get older and somewhat wiser, I do feel like I want to pay less and less in taxes and almost every other issue to me becomes moot.

Interesting Democratic debate last night. I'd have to lean toward Riley at this point.

[stormfish]

Originally Posted by spence

I'd wager the wealthy make out on most tax breaks...unless it's a special program like the earned income credit.

But this stuff is probably dramatically outweighed by dividend cuts, capitol gains etc... that have much more impact on the investor class.

-spence

What he say is true... That's why we have tax cuts! It's primarily for the rich not the less fortunate. The theory is that by cutting taxes it allows the 'successful mates' to allow for economical expansion such as spence put it... 'investing'

That would answer why through economical woes, Bush insist on implementing more tax cuts. He likes to keep his people happy. *Ahem* Enron, Halliburton...

[spence]

Originally Posted by stormfish

That would answer why through economical woes, Bush insist on implementing more tax cuts. He likes to keep his people happy. *Ahem* Enron, Halliburton...

I don't think there can be any argument that the loudest voices calling for tax cuts come from the super wealthy and corporate interests.

And in some circumstances tax breaks can certainly stimulate the economy, although I think this relationship is often grossly misrepresented.

How many times have we heard the notion that Reagan cutting tax rates actually increased tax revenues? I think this is perhaps an hourly occurance on the Rush Limbaugh show.

The reality is (as I understand) that it was the restructuring of some cumbersom tax provisions which created incentive for foreign investment that generated the extra revenue.

So while it's true that lower taxes did provide incentive...it was the type of tax rather than simply the rate...it was more of a one shot deal...yet it's bantered about as if somehow magically cutting taxes will always be a net gain.

-spence

[Skitterpop]

They are we are all together..... demoncrats and retarbulicans.

We need a new world order...an entirely radical and new system of global management.