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CICERO |
November 22, 2011, 7:55am |
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~Funding two wars on Credit... ~The largest transfer of wealth in US history (from the middle class to the rich) in the Bush Tax Cuts.
So Obama would have funded one war on credit and still continued the Bush Tax Cuts? You have to get away from ‘my guy versus your guy argument’. It's counterproductive. The one thing Paul is trying to teach people is to not focus so much on tax policy. All that it is is a game of sleight of hand. Monetary policy has a much more direct impact on a person's lifestyle than taxes. What the bureaucrat has realized, it's easier to borrow money to pay for a government program and hide it in a 1000 page budget, than to sell a government program that is paid through direct taxation. And as a result, America has polluted the world with our dollars to fund our government excesses. That is why this problem is a global one. People don't understand monetary policy, so when they feel poorer, they don't know where to direct their anger. |
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Box A Rox |
November 22, 2011, 8:07am |
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You have to get away from ‘my guy versus your guy argument’. It's counterproductive. The one thing Paul is trying to teach people is to not focus so much on tax policy.
Yea! Lets not "focus on tax policy" BECAUSE THE RICHEST AMERICANS HAVE THE LOWEST TAX RATE IN MODERN HISTORY! A focus on 'tax policy' might disturb the wealthy getting richer at the expense of the middle class... lets not focus on that. Lets focus on screwing the middle class out of their health care, or focus on cutting the middle class Social Security. Or lets focus on cutting any govt assistance to the poorest Americans... lets focus on that. Pay no attention to the billionaires behind the curtain... they deserve OUR MONEY. Pathetic. |
| The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
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CICERO |
November 22, 2011, 8:12am |
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The USA is broke... even worse, we are in debt. So Cicero thinks we should cut spending... Makes sense to me. Then he thinks, since we don't have enough money... we should take in less money by cutting taxes.
How does that work?
Well box, let me explain...In a world of fiat money, and globalization, and without a gold standard, the value of your currency is based on your productive capacity. Dollars are traded on the open market and valued based on the production that backs that currency. Remember, the value of the dollar is based on faith, if people begin to lose faith in the dollar it will devalue. Look at Greece, they produce nothing(maybe feta cheese) their labor laws discourage productivity, so they couldn’t continue to pay for their bloated bureaucracy. If American doesn't produce anything tangible, if we have no goods to offer and trade, and all we do is consume and expand government, the value of our currency will go down. People will run to another currency with more production and sound fiscal policies backing it. Bottom line is, we currently don't have enough productivity to tax that will generate enough revenue to support our government. Not without making a generation of Americans MUCH MUCH pooerer. So first you have to lure productivity back inside our boarders to expand the base. |
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CICERO |
November 22, 2011, 8:13am |
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Yea! Lets not "focus on tax policy" BECAUSE THE RICHEST AMERICANS HAVE THE LOWEST TAX RATE IN MODERN HISTORY! A focus on 'tax policy' might disturb the wealthy getting richer at the expense of the middle class... lets not focus on that. Lets focus on screwing the middle class out of their health care, or focus on cutting the middle class Social Security. Or lets focus on cutting any govt assistance to the poorest Americans... lets focus on that. Pay no attention to the billionaires behind the curtain... they deserve OUR MONEY. Pathetic.
Sometimes there is just no help for the ignorant. Remember - ignorance is a choice. |
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Shadow |
November 22, 2011, 8:14am |
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Neither Reps or Dems have the guts to overhaul the tax code, eliminate the loop holes, and make everybody pay their fair share of the tax load. |
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alias |
November 22, 2011, 8:16am |
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Neither Reps or Dems have the guts to overhaul the tax code, eliminate the loop holes, and make everybody pay their fair share of the tax load.
Bingo!!!!!!!!!! |
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Box A Rox |
November 22, 2011, 8:19am |
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| The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
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Box A Rox |
November 22, 2011, 8:22am |
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So first you have to lure productivity back inside our boarders to expand the base.
Yadda Yadda Yadda ending in "lure productivity back inside our borders to expand the base... " Giving rich people a tax cut so they can invest their dollars, tax free, off shore, does not "expand the base"... It shrinks it. |
| The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
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Shadow |
November 22, 2011, 8:33am |
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And increasing the size of government just puts a bigger tax load on the rest of the people who are still working. |
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Box A Rox |
November 22, 2011, 8:40am |
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And increasing the size of government just puts a bigger tax load on the rest of the people who are still working.
Taxing the Richest Americans at a reasonable rate DOESN'T INCREASE THE SIZE OF GOVERNMENT. Continuing Social Security at it's present plan DOESN'T INCREASE THE SIZE OF GOVERNMENT. |
| The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
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CICERO |
November 22, 2011, 8:45am |
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Giving rich people a tax cut so they can invest their dollars, tax free, off shore, does not "expand the base"... It shrinks it.
Why would people invest money off shore if America was the better investment? By saying this, you are conceding that America can't compete and that it is a better investment overseas. Your answer proved my point. America needs to compete globally and market itself as the better investment. You know damn well the "rich" aren't investing in Greece or Italy. Why…Because the country is filled with non productive lazy bureaucrats that aren't interested in working or competing. People are investing in emerging markets because those societies haven't reached the point of laziness and sense of entitlement that the western societies have. |
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Box A Rox |
November 22, 2011, 9:01am |
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Why would people invest money off shore if America was the better investment? By saying this, you are conceding that America can't compete and that it is a better investment overseas. Your answer proved my point. America needs to compete globally and market itself as the better investment.
You know damn well the "rich" aren't investing in Greece or Italy. Why…Because the country is filled with non productive lazy bureaucrats that aren't interested in working or competing. People are investing in emerging markets because those societies haven't reached the point of laziness and sense of entitlement that the western societies have.
Cicero is entitled to his opinion... But... The rich are now taxed at the lowest rate in modern history, yet Cic thinks that if we tax them even lower, they will invest in America. In other words... Cicero wants to do even more of what isn't working. "The Rich Are Moving More Money Overseas" Wall Street Journal... (tax them even less, and they'll have even more US dollars to move there) http://blogs.wsj.com/wealth/2011/05/18/the-rich-are-moving-more-money-overseas/ |
| The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
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Shadow |
November 22, 2011, 11:12am |
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All your liberal Dem Congress wants to do is tax the rich but they all voted for the Health-Care law which increases the size of government and they also refuse to deal with entitlements. I would prefer to see the whole tax code changed so that the rich would have to pay their fair share along with the millionaires in Congress. Nobody is for terminating Social Security and you know it Box, all they want to do is reform it so that it doesn't go bankrupt and will be intact for future generations. |
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rampage |
November 22, 2011, 11:14am |
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Cicero is entitled to his opinion... But... The rich are now taxed at the lowest rate in modern history, yet Cic thinks that if we tax them even lower, they will invest in America. In other words... Cicero wants to do even more of what isn't working. "The Rich Are Moving More Money Overseas" Wall Street Journal... (tax them even less, and they'll have even more US dollars to move there) http://blogs.wsj.com/wealth/2011/05/18/the-rich-are-moving-more-money-overseas/
As a percentage, maybe they're paying less, but they're actually paying more actual dollars. That's because the dollar is worth less... and worthless. They may have had a lower percentage they paid years ago, but that's also when things were only 1/10th the cost they are now. Lower the value of money they way they have, just handing it away, you always need more. |
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bumblethru |
November 22, 2011, 11:18am |
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| When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche “How fortunate for those in power that people never think.” Adolph Hitler |
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