Comments on: Big Tax Cuts In The Works

Politico: With Benefits For Businesses, Obama Vies For Bipartisan Support For Stimulus Package

Posted by ibsteve2u
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Oh yea, and one more thing.... Couldn''t we make a case that our current crises is primarily attributable to profligate spending .... with borrowed money??

We could cure a whole lot of problems in our "throw away" culture if we shifted to a tax on consumption instead, it seems to me.

Posted by hadenough43 at 12:37 PM : Jan 05, 2009

Ummm...our current crisis - although primarily attributable to inequitable free trade - is greatly compounded by the failure of the primary beneficiaries of Republican tax cuts to allow anything to "trickle down".

I highly doubt that would change if taxes shifted to consumption; in fact, I would expect many, many more moths to grow in their wallets and purses if they knew all they had to do was keep ''''em closed to avoid paying taxes.

What would happen, instead, is Americans having to pay taxes on food like Palin rigged up in Wasilla...and that ain''''t good.

Posted by ibsteve2u
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How are they gonna keep their wallets closed and maintain those obscenely ostentatious lifestyles in those mansions .... whether it''s along the shores of Lake Michigan, or the Big Sur, or along those canals in Florida. With the private jets and limousines?

[missingamerica]

After all these years our government has been making it a "no brainer" to take jobs OUT of the country. Our government should make it a "no brainer" to bring them BACK.


Posted by txgrouch2008 at 12:44 PM : Jan 05, 2009

I think we should abolish all taxes - and thus all public services and war-fighting capabilities.

Then, we can degenerate to a barbaric civilization where you have what you can take and hold.

And when somebody with a lot starts complaining about having to pay you to protect what he has, you just turn around and take everything that he has from him.

And with no police, or state attorneys, or judges, or prisons....lolllll....those would be good times.

[missingamerica]

We could cure a whole lot of problems in our "throw away" culture if we shifted to a tax on consumption instead, it seems to me.

Posted by hadenough43 at 12:37 PM : Jan 05, 2009

Ummm...our current crisis - although primarily attributable to inequitable free trade - is greatly compounded by the failure of the primary beneficiaries of Republican tax cuts to allow anything to "trickle down".

I highly doubt that would change if taxes shifted to consumption; in fact, I would expect many, many more moths to grow in their wallets and purses if they knew all they had to do was keep ''em closed to avoid paying taxes.

What would happen, instead, is Americans having to pay taxes on food like Palin rigged up in Wasilla...and that ain''t good.

[omega40]

Posted by demswin08 at 12:30 PM

They are waiting for the second coming of Sarah Palin...

Posted by txgrouch2008
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I told evryone not just one minute ago that he could cut your federal tax to ZERO nad you would still b*tch.

Posted by demswin08
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The problem isn''t the tax RATE. The problem is the tax. The income tax is a tax on production. We could cure a whole lot of problems in our "throw away" culture if we shifted to a tax on consumption instead, it seems to me.

[missingamerica]

No matter how good you make their lives they will always be b*tchin until they get back in office again and get another chance to finish the destruction of america they started.

Posted by demswin08 at 12:30 PM : Jan 05, 2009

I tend to agree with you; the more right-wing they are, the more they act like everybody else is lazy and useless.

It would almost be worth letting them kill all the normal people off - if God or whatever gave you a birds-eye view of the look on their face when they finally realized that - No, they weren''t doing it all.

[missingamerica]

Let''s see if taxes are actually cut or if we are going to create a new welfare benefit for those who don''t pay taxes anyway and put the cost on the back of hard working Americans.

Posted by yellow651 at 12:09 PM : Jan 05, 2009

That is a cliche, when the data shows that those mega-wealthy people who have been getting the big tax cuts do not invest in America, but instead invest directly in offshore nations or indirectly via corporations that are moving offshore.

Which means, in turn, that they are not creating any jobs to get people off of your presumably hard-working, presumably American back.

[omega40]

"The FACTS of history are undeniable and OVERWHELMING."
Posted by txgrouch2008

How true!
In the 50s and 60s the US was a true economic superpower with a very strong middle class. The top income tax bracket was 71%.
(The middle class were paying less than they do now.)

Posted by sparks224


And don''t think that hasn''t escaped the notice of the powers that be. The wealthy are certainly cognizant of the fact that as the middle class wealth trickles up to them and there are fewer and fewer middle class to share the tax burden, that they will be expected to shoulder an even larger share to enable the government to protect their overseas interests. Look for the bleating of "national sales tax" to increase as more and more of us slip into the qualifying tax bracket of earned income credit.

[yellow651]

We are about to find out whether we are going to be a commune or a country. Let''s see if taxes are actually cut or if we are going to create a new welfare benefit for those who don''t pay taxes anyway and put the cost on the back of hard working Americans.