Jon Kyl: Extend Bush Tax Cuts For Wealthy Even If They Add To Deficit

Discussion in 'Politics' started by Modbert, Jul 12, 2010.

  1. Modbert
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    Modbert Daydream Believer Supporting Member

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    This is just a taste of what we get in November when the Republicans take back the house and get closer in the senate.

    Jon Kyl: Extend Bush Tax Cuts For Wealthy Even If They Add To Deficit

    $6-11-10f2-1.jpg

    Least we know whose interests top Republicans like Jon Kyl have in mind. Thoughts USMB?
     
  2. Truthmatters
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    Truthmatters BANNED

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    But dont give any more unemployment to the people without paying for it first
     
  3. elvis
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    elvis BANNED Supporting Member

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    Yeah because Hoover's tax increases pulled us out of economic turmoil. Oh wait.
     
  4. jillian
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    jillian Princess Supporting Member

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    because giving a tax break to rich people sure stimulated the economy. :thup:
     
  5. midcan5
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    midcan5 liberal / progressive

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    This should surprise no one with a bit of education and a simple observation of American politics.

    What Is Conservatism and What Is Wrong with It?

    Q: What is conservatism?

    A: Conservatism is the domination of society by an aristocracy.

    Q: What is wrong with conservatism?

    A: "Conservatism is incompatible with democracy, prosperity, and civilization in general. It is a destructive system of inequality and prejudice that is founded on deception and has no place in the modern world.
    These ideas are not new. Indeed they were common sense until recently. Nowadays, though, most of the people who call themselves "conservatives" have little notion of what conservatism even is. They have been deceived by one of the great public relations campaigns of human history. Only by analyzing this deception will it become possible to revive democracy in the United States."


    Who conservatives care for: The Conservative Nanny State


    Conservative support: [ame=http://www.amazon.com/Invisible-Hands-Making-Conservative-Movement/dp/0393059308/ref=sr_1_1?ie=UTF8]Amazon.com: Invisible Hands: The Making of the Conservative Movement from the New Deal to Reagan (9780393059304): Kim…[/ame]

    .
     
  6. Modbert
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    Modbert Daydream Believer Supporting Member

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    What other Presidents cut taxes in the middle of a war? Never mind two wars and a recession. As for Hoover, it's funny you mention that:

    http://en.wikipedia.org/wiki/Herbert_Hoover#Great_Depression

    I recall someone cutting the top income tax rate nearly 50%? What was his name?

    $reagan.jpg

    Oh, right!

    Hoover's problem in the first place was raising it so far back up that it constricted and created monetary concerns. Having the tax rate go up a mere 4% isn't going to create such problems.

    The Great Depression: The sequel - U.S. Economy - Salon.com

    From April 2008:

    I'm not saying tax the rich to death. I'm merely saying that history has a way of repeating itself.
     
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  7. Gremlin-USA
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    Gremlin-USA <<< Me in 1970

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    Considering 80% of People who show an Income on their Federal Tax Forms of over 250,000.00 are small business owners, a tax increase (or letting tax cuts expire) would hurt the Employment situation even more.

    Most small business owners have put off hiring workers because of the recession, now if suddenly on Jan 1st 2011 the Government causes them to owe more Taxes, does anyone really think these small business owners are going to start hiring people? No they are not in fact they may law off more workers because the cost of doing business will be increasing.

    .
     
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  8. Soggy in NOLA
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    Soggy in NOLA Platinum Member

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    Oh goody... another "we don't pay enough taxes" thread.
     
  9. Soggy in NOLA
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    Soggy in NOLA Platinum Member

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    So.... when were you officially declared insane?
     
  10. Truthmatters
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    Its not we asshole, you dont make enough money to part of the group being discussed
     

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