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Although not a Matthews' supporter or even someone who watches his show, I did see this posted and had to check it out. Finally someone who supported Obama getting it right. Wonder when the progressives here will get it as well?
Matthews Scolds Obama: 'Stop Saying Cutting Taxes Is Giving People Money - It's Their Money!' | NewsBusters.org
How can any American keeping more of what they earn be a cost to the American Govt?
Does anyone here believe that the govt. is "giving" anything to the taxpayer by allowing them to keep what they earn?
Obama claims he will not give a "check" to the rich when the reality is the govt. doesn't give out checks with tax cuts but instead allow people to keep more of what they earn.
It seems like were getting caught up in petty arguments over the language being used. Extending the current tax rates for people earning over 250000 a year will do little to nothing to advance our economy and continue the strain on our deficit and isn't in the countries best interest. Regardless of the wording that people want to babble about, what Obama wants to do is a good idea.
It seems like were getting caught up in petty arguments over the language being used. Extending the current tax rates for people earning over 250000 a year will do little to nothing to advance our economy and continue the strain on our deficit and isn't in the countries best interest. Regardless of the wording that people want to babble about, what Obama wants to do is a good idea.
Wrong, you are missing it and buying into the liberal rhetoric. It isn't the government's money thus not a cost and allowing anyone that earns the money to keep it including the rich does nothing to change thel problem with Obama, spending!!!
Please don't buy the Obama rhetoric
I'm not missing anything. I never said that spending isn't out of control. I don't care whether you call it a cost or not. lowering taxes lowers the revenue of the government and increases the deficit. Period. You can put some flowery language to it but there it is. Right now I don't think it's in our best interest to do so.
No, lowering tax rates has always increased revenue to the govt. according to the U.S. Treasury Dept. Explain why they are wrong?
Conservatives have always known what Chris Matthews stated so well
Matthews Scolds Obama: 'Stop Saying Cutting Taxes Is Giving People Money - It's Their Money!' | NewsBusters.org
If we lower all tax rates to 0 does the government get an infinite amount of money? Does not compute, right?
That isn't the argument, lowering tax rates has always generated more revenue as the U.S. Treasury site shows. Why do you continue to buy the Obama rhetoric? Get the facts, go to the U.S. Treasury Website and get the facts. The govt. needs tax revenue to operate so no one is calling for a ZERO tax rate.
You're trying to tell me that if the government takes less money from people it will have more money. Who's buying what rhetoric again?
Wrong, you are missing it and buying into the liberal rhetoric. It isn't the government's money thus not a cost and allowing anyone that earns the money to keep it including the rich does nothing to change thel problem with Obama, spending!!!
Please don't buy the Obama rhetoric
Who is going to pay for the huge Defense budget?
You're trying to tell me that if the government takes less money from people it will have more money. Who's buying what rhetoric again?
well...since no one is suggesting NO taxes, Im guessing the same people that still pay for EVERY federal budget cost.Who is going to pay for the huge Defense budget?
JFK seemed to buy into it pretty well...something about stimulating economic growth, increasing job prospects, more employed, more consumed, more purchased... a vicious cycle.
JFK make tax rates fairer, but he was concerned with budget deficits and removed huge loopholes to correct the revenue stream. And remember he lowered the top marginal rate down from 91% to 70%.JFK seemed to buy into it pretty well...something about stimulating economic growth, increasing job prospects, more employed, more consumed, more purchased... a vicious cycle.
JFK make tax rates fairer, but he was concerned with budget deficits and removed huge loopholes to correct the revenue stream. And remember he lowered the top marginal rate down from 91% to 70%.
The meme that JFK lowered taxes and that increased revenue is a bogus one.
B y C l o s i n g l o o p h o l e s i n t h e t a x c o d e.
Third, I think it's possible to gain a $700 million to a billion dollars through tax changes which I believe would close up loopholes on dividend withholding, on expense accounts.
JFK make tax rates fairer, but he was concerned with budget deficits and removed huge loopholes to correct the revenue stream. And remember he lowered the top marginal rate down from 91% to 70%.
The meme that JFK lowered taxes and that increased revenue is a bogus one.
Still waiting for those Defense budget numbers.
So, are you willing to bring the top marginal rate back to 70%?Jan. 24, 1963 "It has become increasingly clear," he said, "that the largest single barrier to full employment of our manpower and resources and to a higher rate of economic growth is the unrealistically heavy drag of federal income taxes on private purchasing power, initiative and incentive."
Third, I think it's possible to gain a $700 million to a billion dollars through tax changes which I believe would close up loopholes on dividend withholding, on expense accounts.
I'm not your ****ing secretary, if you want them, do it yourself.
So, are you willing to bring the top marginal rate back to 70%?
Doood...if I was king I would not institute tax cuts...I would guarantee levels remain the same, draw out a 10 year plan to pay off the debt, insist on a balanced budget amendment and line item veto power, and demonstrate to citizens, investors, businesses, and our creditors a committment to paying off our debt and gut the fed. One with the other, not one exclusive of the other. democrats want to raise taxes and continue to spend like crack whores...thats why people are so pissed about taxes. Thats why ANY thinking individual should be pissed about taxes.
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