Top 5 falsehoods about the Bush tax cuts

Discussion in 'Economy' started by JBeukema, Nov 23, 2010.

  1. JBeukema
    Offline

    JBeukema BANNED

    Joined:
    Apr 23, 2009
    Messages:
    25,613
    Thanks Received:
    1,703
    Trophy Points:
    0
    Location:
    everywhere and nowhere
    Ratings:
    +1,705

    read more
     
  2. Revere
    Offline

    Revere BANNED

    Joined:
    Jan 23, 2010
    Messages:
    7,427
    Thanks Received:
    415
    Trophy Points:
    0
    Location:
    Watching you in my profile page
    Ratings:
    +415
    Fact check your ass. Obama can't decide where to make the cut off for "middle class" and it may go up to $1,000,000 per year.
     
  3. loosecannon
    Offline

    loosecannon Senior Member

    Joined:
    May 7, 2007
    Messages:
    4,888
    Thanks Received:
    263
    Trophy Points:
    48
    Ratings:
    +264
    5 falsehoods:

    These were all demonstrated as lies in the link.
     
    • Thank You! Thank You! x 1
  4. loosecannon
    Offline

    loosecannon Senior Member

    Joined:
    May 7, 2007
    Messages:
    4,888
    Thanks Received:
    263
    Trophy Points:
    48
    Ratings:
    +264
    The only place it can "go" is back to where it "was" before Bush signed the tax break legislation.

    IOW back to tax rate terrain that actually grew the economy and created 23 million new jobs in 8 years.
     
  5. Revere
    Offline

    Revere BANNED

    Joined:
    Jan 23, 2010
    Messages:
    7,427
    Thanks Received:
    415
    Trophy Points:
    0
    Location:
    Watching you in my profile page
    Ratings:
    +415
    How about back to the government spending terrain that actually grew the economy and created 23 million new jobs?
     
  6. loosecannon
    Offline

    loosecannon Senior Member

    Joined:
    May 7, 2007
    Messages:
    4,888
    Thanks Received:
    263
    Trophy Points:
    48
    Ratings:
    +264
    sure, that too. But why not both?

    Or should we go into the "way back machine" and adopt the spending and taxation rate regimens of say Truman, Eisenhower or Kennedy?

    You want real job growth/wealth creation independent from bubbles and chicanery?

    Hell Even Carter era employment, tax rates, and GDP growth far surpass those of this century under either useless president.

    Why try to copy the Bush admin, which was one of the most fiscally irresponsible in our history?
     
  7. Revere
    Offline

    Revere BANNED

    Joined:
    Jan 23, 2010
    Messages:
    7,427
    Thanks Received:
    415
    Trophy Points:
    0
    Location:
    Watching you in my profile page
    Ratings:
    +415
    You're the horse's ass who tried to tie a historical tax rate to a historical jobs growth rate, and nothing else going on at the time.

    And don't forget Clinton's dot com bubble, while we're on the subject, which was a nice "welcome to the White House" present for Bush 43.
     
    Last edited: Nov 23, 2010
  8. loosecannon
    Offline

    loosecannon Senior Member

    Joined:
    May 7, 2007
    Messages:
    4,888
    Thanks Received:
    263
    Trophy Points:
    48
    Ratings:
    +264
    You are the jackass who tried to pretend that Obama was raising taxes with an open ended formula.
     
  9. Revere
    Offline

    Revere BANNED

    Joined:
    Jan 23, 2010
    Messages:
    7,427
    Thanks Received:
    415
    Trophy Points:
    0
    Location:
    Watching you in my profile page
    Ratings:
    +415
    It's open ended. It uses a 24% increase in government spending, since he became President, as a baseline.

    No tax increases will ever catch up to that.
     
  10. loosecannon
    Offline

    loosecannon Senior Member

    Joined:
    May 7, 2007
    Messages:
    4,888
    Thanks Received:
    263
    Trophy Points:
    48
    Ratings:
    +264
    Please explain how Obama has the power to change the tax brackets established in the Bush tax cuts with some real data and links.

    Thanks.
     

Share This Page