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trillion dollar tax cut
If the Democrats and Obama believe that putting money into the economy would improve it and put people to work why wouldn't it be wise to make a trillion dollar tax cut rather than spend a trillion dollars on bankers, unions and dead end projects?
On way we have a trillion dollar debt and the other way the American people have money to buy or invest.
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Re: trillion dollar tax cut
The problem with your theory is that there is no way to guarantee that a trillion $ cut to taxes would be spent or spent on appropriate things.
What if you tried tax credits so the $ went into 'good' things in the economy.
Still put a trillion $ out but only where economists figure it would help.
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Re: trillion dollar tax cut
The problem with the government spending a trillion dollars of our tax money is we have no way to guarantee that a trillion $ would be spent on appropriate things. As a matter of fact we know that there is little likelihood that the government spending will be spent on appropriate things because there is a long history of boondoggles, corruption and pork that gets the money.
Some people believe that the government is God and that it is all wise and knowing. It isn't. Haven't you noticed that weekly or monthly the government economists are SURPRISED at the loss of jobs or new-home sales fall to lowest level in nearly 50 years?
They don't have a clue.
It's our money and I believe that we as a people can do just fine spending or saving our own money.
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Re: trillion dollar tax cut
I suspect most of you either have no valid argument or your thinking that might have been a good idea.
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still no valid discussion?
Non of you on the left have a valid argument do you?
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Re: still no valid discussion?
OK here's one...cut 'em all...eliminate them entirely. Send anyone and everyone who is supported in any manner by tax dollars home and tell them not to come back in to work. Stop sending out entitlement checks. Stop collecting and get to work on devising an alternative.
If ,in fact there even needs to be one. Give churches, charities, volunteer militias, private utilities, local property associations etc. etc. an opportunity to work. Trade via barter or currency backed by precious metals. Maybe allow townships to levy nominal road ta....no...heck no.. screw it...let people clear and mainain own pathways.
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Re: clearing their own roads
Yep, let's go back the the good old days.
Until the later 1940ies our roads were not ploughed in the winter.
That meant to go to town or even the church and school just up the road the farmers used sleighs and horses.
Some may not realize that after a big storm drifts and soft snow made it impossible even for horse drawn sleighs.
The rural residents then went out and shovelled and packed the snow down so the sleighs could get through.
Now 2 farms east of us, on the quickest route to town, their was a neighbour who always was too busy when they were preparing the road to help.
While those who prepared the road went home to hook up the sleigh this man was already on his way to town.
After one storm they neighbours started preparing the road at the farms just east of us and went west to a sideroad then across it to another road to town.
This left the man 2 farms down with a stretch of uncleared road about 1 km long to be able to reach town.
I do not know if this changed his ways or not but know a lot of people in the neighbourhood enjoyed it greatly and talked of it years later.
Think I would vote for paying my taxes and having the township plough the road.
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Re: still no valid discussion?
I knew you couldn't find a valid argument. Now you've verred completely off course.
Why does handing out your money to a banker or a union worker or a government worker that places my great, great grandchildren in debt seem okay to you but not taxing the country the same amount sets you off on a tangent?
The government needs to only do a few things. Protect our currency, protect our borders and maintain our infrstructure. It doesn't need to pay people to not work or pay people to have children. It doesn't need to promote itself. It doesn't need to steal money from one group and hand it to another.
If you acted in the same manner as our government you'd be in jail.
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Re: still no valid discussion?
No, he's right. Why stop with just a few things you don't like? Eliminate all taxes and all govt programs. Make the entire country a "pay as you go" place. You guys all want to eliminate all taxes for especially the wealthiest people and businesses. Not sure if that is because you are all in the over $200-250K bracket or not. One statistic that I heard yesterday on the news was that the argument against the limit set forth by the President would affect a total of 864K small businesses or 2.5% of all of them. That means that there are over 35 million small businesses in this country and I find that very hard to believe. That would mean that about 1 out of every 10-11 people own a small business. I know a lot of people and there aren't anywhere near that many small businesses.
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Re: still no valid discussion?
"You guys all want to eliminate all taxes for especially the wealthiest people and businesses."
Please Bart, give me one example or name one person that you have EVER heard saying that we should eliminate all taxes or even wanting to ESPECIALLY eliminate taxes for the wealthiest people and businesses.
Kind of like me saying that all people who think we should try to protect Mother Nature as much as feasably possible think we should go back to the stone age and get rid of the internal combustion engine and electricty.
Why is it hard to understand there are people who think we need to collect taxes and that government serves an important role but at the same time believe government has gotten to big and costly while straying from its original limited role?