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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
09-16-2011, 12:27 PM
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#1
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Also known as OAK
Join Date: Apr 2003
Location: Westlery, RI
Posts: 10,349
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Quote:
Originally Posted by Duke41
He was anti-tax,
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Really? This sounds awful familiar, except this time around, this style plan to the right is about as palatable as eating sewage.... During the debate at the regan library it was said repeatedly; Regan would not get elected in the current politcal climate...
Taxes: What people forget about Reagan - Sep. 8, 2010
p.s. not the reduction in the top tax rate FROM 70%....
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Bryan
Originally Posted by #^^^^^^^^^^^&
"For once I agree with Spence. UGH. I just hope I don't get the urge to go start buying armani suits to wear in my shop"
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09-16-2011, 01:53 PM
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#2
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Registered User
Join Date: Sep 2006
Location: Mansfield
Posts: 4,834
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Quote:
Originally Posted by RIROCKHOUND
Really? This sounds awful familiar, except this time around, this style plan to the right is about as palatable as eating sewage.... During the debate at the regan library it was said repeatedly; Regan would not get elected in the current politcal climate...
Taxes: What people forget about Reagan - Sep. 8, 2010
p.s. not the reduction in the top tax rate FROM 70%....
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I don't get your point...Are you Ok with someone,other then yourself, paying at 70%????
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09-16-2011, 07:22 PM
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#3
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,182
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Quote:
Originally Posted by buckman
I don't get your point...Are you Ok with someone,other then yourself, paying at 70%????
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You're missing the point.
Reagan cut taxes too much, so after the 1981 restructuring he raised them 11 times (16 by some measures) to offset government spending and save SS.
For someone who was "anti-big government" he turned us into a debtor nation with reckless deficit spending.
For someone who was "anti-commie" he made massive concessions to the Soviets to garner peace deals and reduce nuclear stockpiles.
Reagan was good with the rhetoric for the Republican base, but a lot of his legacy WTR defining issues is actually that of a pragmatist.
Hell, even his own VP ran against his economics.
Reagan was a good president and led the nation through some difficult times, but people should remember him for what he really was and not was he wasn't.
-spence
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09-16-2011, 08:59 PM
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#4
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Registered Grandpa
Join Date: Nov 2003
Location: east coast
Posts: 8,592
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Quote:
Originally Posted by spence
Reagan was a good president and led the nation through some difficult times, but people should remember him for what he really was and not was he wasn't.
-spence
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What he really was-- a Patriotic motivator and true Leader.
Proud to be an American.
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" Choose Life "
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09-17-2011, 05:50 AM
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#5
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Also known as OAK
Join Date: Apr 2003
Location: Westlery, RI
Posts: 10,349
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Quote:
Originally Posted by buckman
I don't get your point...Are you Ok with someone,other then yourself, paying at 70%????
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No.
But the perspective needs to be gained that all the grumbling about the bush tax (breaks) cuts is a far cry from less than 30 years ago.....
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Bryan
Originally Posted by #^^^^^^^^^^^&
"For once I agree with Spence. UGH. I just hope I don't get the urge to go start buying armani suits to wear in my shop"
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09-17-2011, 06:08 AM
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#6
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Registered User
Join Date: Sep 2006
Location: Mansfield
Posts: 4,834
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Quote:
Originally Posted by RIROCKHOUND
No.
But the perspective needs to be gained that all the grumbling about the bush tax (breaks) cuts is a far cry from less than 30 years ago.....
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I agree. And with a trillion dollars in give away programs maybe with a little thinking we can lower taxes more.
Question for Spence...When will you see Obama for what he is??
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09-17-2011, 07:58 AM
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#7
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,182
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Quote:
Originally Posted by buckman
I agree. And with a trillion dollars in give away programs maybe with a little thinking we can lower taxes more.
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How much of your trillion dollars was actually in tax breaks?
Quote:
Question for Spence...When will you see Obama for what he is??
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I've got a good grasp for what he is, I also think I understand what he isn't.
-spence
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09-17-2011, 08:53 AM
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#8
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Registered User
Join Date: Sep 2006
Location: Mansfield
Posts: 4,834
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Quote:
Originally Posted by spence
How much of your trillion dollars was actually in tax breaks?
I've got a good grasp for what he is, I also think I understand what he isn't.
-spence
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When you say "tax breaks" do you mean, refunds to people that never put a dime in?
I'll bite...what isn't he?
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09-17-2011, 09:40 AM
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#9
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,182
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Quote:
Originally Posted by buckman
When you say "tax breaks" do you mean, refunds to people that never put a dime in?
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There was certainly lower income assistance but still 22% of the entire package was tax cuts for Federal taxpayers.
Also, lower wage earners do pay payroll taxes which Obama has made cuts to, and asked for these to be extended.
Pass the Jobs bill and Obama could be one of the biggest tax cutting Presidents we've ever seen.
-spence
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