Even a broken clock is right twice a day.

Discussion in 'Politics' started by PredFan, Dec 22, 2011.

  1. PredFan
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    PredFan Gold Member

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    If Alan Grayson (D) Fl, had two working brain cells to rub together, he'd realize that he had just said what conservatives have been saying for decades:

    "With the payroll tax break, workers get more in their paychecks each week. That money goes to the waitress, who gives it to the hair stylist, who gives it to the landlord. And the money goes round and round. Demand goes up, and with it, employment."


    Alan Grayson stop protecting rich: GOP must stop protecting the rich - OrlandoSentinel.com

    Too bad morons like him when he were in Congress fought the conservatives to keep tax rates high and keep more people unemployed. Do I think he's seen the light? Not a chance. It's simply a political hack democrat trying to sieze an opportunity to regain a seat that he was thrown out of with vigor. What an idiot.
     
  2. Dragon
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    Dragon Senior Member

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    The higher the income level, the less increased demand results from a tax cut. That's because the higher the income level, the lower a percentage of one's income is spent as opposed to invested. At the income levels where Republicans want to cut taxes, the effect is nil -- except on the federal budget deficit.
     
  3. PredFan
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    PredFan Gold Member

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    This is quite a twist on the facts. You assume that the rich won't spend, they will. Not only will they spend, if you cut corporate taxes they will invest in their corporation and hire.

    Nice deflection though, we are talking about Grayson touting the benefits of reducing taxes.
     
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  4. Nic_Driver
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    Nic_Driver Active Member

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    Ahh, I wondered why there were so many jobs available and the economy was so stellar, it's those tax cuts for corporations and the wealthy at work, is it?
     
  5. Jarhead
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    Jarhead Gold Member

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    You left out the part where the mind set is the same as it pertains to spending money on ones company.
     
  6. bobcollum
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    bobcollum BANNED

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    They would spend if we get the extension on the Bush tax cuts too....oh wait, they did.
     
  7. PredFan
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    PredFan Gold Member

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    What tax cuts for corporations? The US has the 2nd or first highest corporate tax rate in the world.
     
  8. PredFan
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    PredFan Gold Member

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    Those weren't tax cuts. It was a continuation of the current rates. But again, we are getting off track.
     
  9. Jarhead
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    Jarhead Gold Member

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    yeah.....I wonder how much more they would be spending if they didnt.
    Or...how much less.

    What I find amusing is we are starting to seem some upticks in the economy...and the left wants to give the stimulus of three years ago the credit..

    But they dont even THINK about the confidence the people got when the Bush Tax Cuts were extended....or the payroll tax holiday.....

    And that all happened within the last 10 months.
     
  10. Ernie S.
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    Ernie S. Platinum Member

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    Well golly gee! What happens when someone invests money? Sam Walton did and created 2 million JOBS.
     

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