Why is it that republicans don't see how over spending and tax cutting are equally bad?

[Dan Daly]

You keep making the false assumption that consumption taxes must be regressive. I understand that you don't want to pay for what you consume, preferring other people to pay for it, but at least be honest about it.

They're inhernetly regressive. As they make all dividends and interest and capital gains....the primary income source for the wealthy, completely tax free. The wealthy save, as they have mounds of dispoable income.

The poor and middle class spend. As they don't have nearly as much.

I know you're eager to impose a larger tax burden on the poor and middle class in the name of 'fairness' while at the same time relieving the extremely wealthy of a large portion of their tax burden. This you consider 'fair'.

The problem with your proposal is that the American people overwhelming don't want it. And I suspect its because they realize that any system of taxation the wealthy really want.....will benefit the wealthy. Not the poor or middle class

You can keep repeating the lie, but that does not make it true. Just because you can't wrap your head around ways to make a consumption tax fairer than any income tax does not mean that everyone shares your handicap.

 

[Missouri_Mike]

Taxing income is idiocy...if you want to tax something, tax consumption.

Consumption taxes tend to be qutie regressive, shifting more of the tax burden to the poor and middle class and shifting more away from the rich. Its one of the reasons that the wealthy are such huge fans of them.

It's not regressive at all. It takes a certain amount of money and effort to simply exist. Part of that ability to exist is keeping a government minimally funded to protect things like our borders and a military.

Everyone should have a stake in paying for that. What a consumption tax would actually do is shift the burden of living in a country back to those that take advantage of living here instead of voting for someone else being the ones to pay for their safety. How much do you think taxes and spending beyond your means would fall if everyone that voted had to pay in something? Eliminate those that vote for their own charity and push it on someone else and the tax rates would drop so fast it would make your head spin. Beyond that no politician would be on the stump selling the poor down the road with charity someone else is going to give them if they have to pay the exact same tax.

The next thing a consumption tax does is gives everyone, even the dirt poor a set level of what money they earn beyond a basic level of living is a goal to shoot for. If you make a few dollars more today under government programs then you begin getting taxed and can never work your way out. If that changes to paying to just live it's much easier to make a bit more and all of that money is yours to keep. That makes it much easier to save and work yourself out of the hole you are in.

 

[Dan Daly]

The rich are gung ho on flat taxes, not so much on consumption taxes that they can't avoid as easily...but thanks for the false assumptions, they really help a lot when designing effective public policy.

The wealthy are quite fond of both, though clearly they advocate the flat taxes more ardently. Either system is inherently regressive and thus beneficial to the rich as it lowers their tax burden. Alas, its up to the rest of us to make up the difference.

From all my years in elected office and public service, I can tell you that the wealthy don't like the prospect of consumption taxes. Indeed, they tend to sound just like you, which is quite amusing.

 

[Missouri_Mike]

The rich are gung ho on flat taxes, not so much on consumption taxes that they can't avoid as easily...but thanks for the false assumptions, they really help a lot when designing effective public policy.

The wealthy are quite fond of both, though clearly they advocate the flat taxes more ardently. Either system is inherently regressive and thus beneficial to the rich as it lowers their tax burden. Alas, its up to the rest of us to make up the difference.

You seem to be hung up on the word regressive. Why? Taxes aren't regressive when they allow you the same benefit's of living in a country as everyone else for an equal part of paying for it. The left brought us this problem in taxing earnings in 1913 and using it over the past 100 years as a selling point of being progressive IE:Someone else will pay for your benefits if you vote for me. You put people all in the same boat of taxation be rich or poor and you get a much more fair vote for how much those taxes will be and how they will be spent.

 

[Where_r_my_Keys]

Now, granted both Bush and Obama have over spent by a lot. However, republicans still seem to think cutting taxes is a viable solution for anything. If you actually broke down the debt under Obama, you would see the trillions that have accumulated under him are because of a surge in defense spending and extending Bush's tax cuts.

Why is it that republicans will bitch and whine about spending yet don't see the error in believing tax cuts contribute to our national debt just as much?

US Debt by President

How is it that Socialists don't see that Social Justice spending is illegitimate spending and absent social justice spending the US Government could easily operate on less than a trillion dollars per year, with 50% cuts in regulatory and tax liabilities on the economy, it could then pay down the entire US federal debt in 30 years... , assuming the massive reduction in the cost of doing business, provided that the economy remained in the same anemic state that it's been since the Socialists came to power.

Of course in reality, such would produce a massive increase in production, thus a massive increase in tax receipts, which given that the cost of operating the US Federal Government is met by the budget, the excess could be set directly against the debt service, escalating the balance in exponential terms.

Everyone with any sense knows this... yet it doesn't get done.


Now why doesn't it get done?

It doesn't get done, because the US Culture is corrupt and has been for several generations... and as is always the case, the corrupt have established an unsustainable system...

Which means that we're TOTALLY BONED! obama was tasked with laying in the fatal blow. And that was in the doubling of the debt, through the unimaginable deficit spending.


Debt is now nearly impossible to secure, because the value of debt is now virtually nill... the instant that the Fed raises the means to charge sufficient interests to make lending profitable, the US Federal government will be forced into default. And that will happen the moment that Republicans regain power...

The trap has been set... and it's all over but the cryin' kids.

The collapse will bring civil war, ignited by the Left who will demand that the Republicans caused the collapse, because it happened 'on their watch'.

They're evil and this is what one should reasonably expect from evil... . They're not with us... .

 

[Where_r_my_Keys]

Republicans = borrow and spend
Democrats = tax and spend

Been that way for decades.

Such is the nature of evil... .

 

[The Rabbi]

There ya go again.
Yeah, the middle class hates a flat tax because then they'd actually have to pay taxes. Now they can just let the rich pay them.

Regressive taxes aren't particularly popular with the middle class. The upper middle class. The poor. Even the moderately wealthy would all pay more. A lot more. While the top 1% would see massive tax savings.

Undoubtedly, this is exactly what folks like yourself want to see. Oddly, the overwhelming majority of the electorate really doesn't. Which is why its not happening.

Get used to the idea.

Link?
No, you dont have one. All you have is bald assertion. And the overriding belief someone somewhere is out to screw you.

 

[Dagosa]

Now, granted both Bush and Obama have over spent by a lot. However, republicans still seem to think cutting taxes is a viable solution for anything. If you actually broke down the debt under Obama, you would see the trillions that have accumulated under him are because of a surge in defense spending and extending Bush's tax cuts.

Why is it that republicans will bitch and whine about spending yet don't see the error in believing tax cuts contribute to our national debt just as much?

US Debt by President

Republicans who believe in trickle down, don’t believe in climate change and are election deniers. There is very little they get right. They can’t run on policies as few of theirs ever work, except for the wealthy. They WILL cut Medicare and Medicaid and SS benefits if they could hide from the outcomes. Hilarious how republicans vote for their name brand but depend upon democrats to save their programs.