Yes we need to give a bloated ever growing ever reaching Massive Liberal Nanny State Government...........More of our Money........that should work.......
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You do realize that the taxes they're talking about raising only apply to the top 2% right?
They're talking about putting taxes back to where they were before Bush.
Taxes are the lowest they've been in 50 years and we're in a recession. If lower taxes lead to economic stimulus as the Republicans say, we should be in a boom.
The so called, "job creators" create very few jobs with the tax savings and instead line their pockets.
I think it's somewhat clear what must be done.
We should cut tax breaks, raise taxes, and cut spending; we need to live within our means.
We can't spend our way out of the hole.
We can't tax our way out of the hole.
We can't cut tax breaks to get out of the hole.
An analogy would be that America is like a fat and unhealthy person.
You have to not only burn calories, but also eat right and utilize your metabolism.
Basically, we need to cut spending, tax breaks, and we need to tax. Politicians shouldn't be paid so well just to squabble and waste our time. Imo, CEOs shouldn't recieve such comically obscene bonuses; why would you even defend them? They don't know/care about you.
Also, I believe everyone should invest in solar panels; I don't believe the lie that solar panels aren't effective enough; just make a grand amount of them and stick them on houses and buildings, etc. I'd love to see solar panels cover virtually every house/practical building.
I think we need to be thrifty and efficient. I embody that.
Take a bag of organic Rainier cherries; I eat them and then take the seeds. Now, I have a small nursery of cherry trees. People, imo, should have large gardens. Asparagus is incredibly convenient and worth the effort. If you have even two 6ft-long rows, you're looking at a lot of FREE delicious food. Also, typical garden-grown asparagus is highly resistant to pests and disease. Grow pear trees. Walmart's garden items are rapidly dropping in price. Cherry, pear, and apple trees are only about $18. Invest. Invest in five or so of those and you'll reap the rewards. Also, plums, paw-paw(in zones 3-5), and others also save money.
I feel if we pull together to tighten our belts, we will see the day that America gets out of debt.
Yes we need to give a bloated ever growing ever reaching Massive Liberal Nanny State Government...........More of our Money........that should work.......
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The best way to fix the economy would be to first agree upon an economic philosophy to follow. It has been stated in these boards that the US Government has been following Keynsian Theory since 1945. So cutting taxes might be a good thing in a more traditional view of the economy, but it is detrimental to the Keynsian view.
I think it's somewhat clear what must be done.
We should cut tax breaks, raise taxes, and cut spending; we need to live within our means.
We can't spend our way out of the hole.
We can't tax our way out of the hole.
We can't cut tax breaks to get out of the hole.
An analogy would be that America is like a fat and unhealthy person.
You have to not only burn calories, but also eat right and utilize your metabolism.
Basically, we need to cut spending, tax breaks, and we need to tax. Politicians shouldn't be paid so well just to squabble and waste our time. Imo, CEOs shouldn't recieve such comically obscene bonuses; why would you even defend them? They don't know/care about you.
Also, I believe everyone should invest in solar panels; I don't believe the lie that solar panels aren't effective enough; just make a grand amount of them and stick them on houses and buildings, etc. I'd love to see solar panels cover virtually every house/practical building.
I think we need to be thrifty and efficient. I embody that.
Take a bag of organic Rainier cherries; I eat them and then take the seeds. Now, I have a small nursery of cherry trees. People, imo, should have large gardens. Asparagus is incredibly convenient and worth the effort. If you have even two 6ft-long rows, you're looking at a lot of FREE delicious food. Also, typical garden-grown asparagus is highly resistant to pests and disease. Grow pear trees. Walmart's garden items are rapidly dropping in price. Cherry, pear, and apple trees are only about $18. Invest. Invest in five or so of those and you'll reap the rewards. Also, plums, paw-paw(in zones 3-5), and others also save money.
I feel if we pull together to tighten our belts, we will see the day that America gets out of debt.
You do realize that the taxes they're talking about raising only apply to the top 2% right?
They're talking about putting taxes back to where they were before Bush.
Taxes are the lowest they've been in 50 years and we're in a recession. If lower taxes lead to economic stimulus as the Republicans say, we should be in a boom.
The so called, "job creators" create very few jobs with the tax savings and instead line their pockets.
why are the dems afraid to repeal all the Obama tax breaks (or the Bush tax legislation)
because if they made EVERYONE pay more taxes they would lose votes
so when the dems talk about people making sacrifices they aren't talking about dem politicians
You do realize that the taxes they're talking about raising only apply to the top 2% right?
They're talking about putting taxes back to where they were before Bush.
Taxes are the lowest they've been in 50 years and we're in a recession. If lower taxes lead to economic stimulus as the Republicans say, we should be in a boom.
The so called, "job creators" create very few jobs with the tax savings and instead line their pockets.
There are five things that I would do.
Number one and that is lower corporate tax rates from 35 to 25 percent. We're the only country in the world that has not. What are we waiting on? This is why we're losing so many businesses and so many jobs.
Lower personal income tax rates.
Lower the capital gains tax rate to zero. Free up investment in this country. This is how you create jobs.
Suspend taxes on repatriated profits. It's been estimated that nearly a trillion dollars are held by multinational corporations in other countries. So the liberals' attitude is if we can't get a piece of it, we're going to leave it over there. I call this low hanging fruit...low hanging fruit. Take it to zero. Not 5.25%, which is what it was back in 2003 when George Bush was able to get this done for a limited period of time. Nearly $350 billion came back into the economy. It is now estimated that nearly a trillion dollars will come back into the economy.
And then the next one is give workers a full 6.2% payroll tax holiday for a year and employers.
These items, folks, are called direct stimulus because we keep the money, we spend it, we save it, we grow our businesses. That's how you get the economy going.
And the fifth leg of that is make the rates permanent. We've go to remove this uncertainty that's hanging over this economy, which is bogging us down.
Now that would be what I would propose to get passed in the first six months. And then during that time while people are seeing how well this is working — and there are plenty of studies out there that says these measures will work — liberals simply don't want them to work. Then in the second two years — During the first two years I would be educating folk on the importance about the Fair Tax, so we would replace the entire tax code with the Fair Tax.
I got a question today that just absolutely shocked me from one of the reporters. He says, Mr. Cain, I have been hearing about the Fair Tax for ever and it never seems as if its going to go anywhere. He says so why would you want to take on something that's going to not happen, that's going to be an impossibility. I just smiled and said, sir, you don't not do what's right because it's hard to do. And if the Founding Fathers had had that attitude guess what? We wouldn't be here today. Just because it's difficult, it doesn't mean you don't do it. I know it's going to be difficult, and this is why I'm not going to introduce it the first two years. We've got to educate the public because it is, has been demagogued, lied about. And if the American people know the truth, they will support it, and they will demand it. This is how you get something like that passed.
No, they are back to talking about raising taxes on any single person making over 200K and couples making over 250K (you know..the small business owners) Raising taxes on anyone at this time would only do more harm.
Here's a plan I can go for.
Herman Cain on Stimulating the Economy - YouTube
Herman Cain on the Economy
If you could stop being a partisan hack for a second, how about you listen to some logic and reason.
The people who are going to be losing their Bush-era tax cuts are the people who don't need them in the first place. If I was a millionaire, I'd be more than willing to pay my part for the country's health. This budget fight is giong to accomplish something worthwhile, I think, and that would make me even more willing to pay taxes. If you recall, Obama didn't want to extend the tax cuts the Democrats are now trying to take away.
As it stands, we're going back to the norm for the upper tax brackets, and are finally getting rid of things we didn't need in the first place. The idea that letting the top tax bracket pay less taxes somehow helps the economy is pure bulls**t. It just doesn't work.
If you want to get some figures that say otherwise, be my guest, but good luck.
No, they are back to talking about raising taxes on any single person making over 200K and couples making over 250K (you know..the small business owners) Raising taxes on anyone at this time would only do more harm.
Here's a plan I can go for.
Herman Cain on Stimulating the Economy - YouTube
Herman Cain on the Economy
raising taxes is actually more likely to dig us deeper by lowering revenue via the mechanism of slowing growth. we would be better off through tax code simplification as per the Bowles-Simpson plan, or the House 2012 budget.
and "some spending" doesn't need to be cut. lots of spending needs to be cut, and entitlements need to be restructured.
I continue to be amazed at how the giant pink elephant in the room, 'Defense' spending, is almost entirely invisible, not just on this board but every other board as well, to both parties' spin machines.
The brie and chardonay Democrats and their fellow neo-liberal Republicans have done a very good job of steering the focus entirely onto programs that already had massive cuts imposed on them over the last 30 years, via bogus CPI index calculations, while the 'Defense' oligarchy keeps rolling right along, increasing every year.
And, how is taxing the working poor more supposed to do any good??? Ridiculous 'fixes' appear to have mass appeal to the growing body of sociopaths the U.S. is producing, obviously. But, if that's your plan, simply quit indexing the personal deduction to inflation, even the hilariously low 'inflation' rates the government keeps lying about, to the benefit of both 'parties', and you can grind a lot more people into poverty. This would suit both parties' utterly clueless policy makers and certainly their loyal puppets.
I do agree that all three measures are needed.
I think the Republicans know this, but they can't raise taxes because they've all signed Norquist's pledge. By doing so they've painted themselves into a corner. They can't do what's right for the country because they'll receive too much political heat from it.
Yes we need to give a bloated ever growing ever reaching Massive Liberal Nanny State Government...........More of our Money........that should work.......
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