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Higher taxes coming...

King of the Americas

Banned
K
Joined
Nov 15, 2001
Messages
6,513
...and it is all because we elected the Democrats!

Get ready for abortions on demand at each and every shopping mall!

Now the terrorists are going to take over the world, and Osama bin Laden is going to be our next VP candidate!

They are also going to raise the minimum wage and put all billionare CEO's in prison!

---

If you listen to talk radio, this is all that you have heard since Tuesday night.

I am a registered Democrat, but I like to call myself a "Progressive" because I am stuck right in the middle of Bushland. Even saying the word "Liberal' outloud could get me hung.

But I digress, I had to call into my local talk radio station and vent.

"You republicans are all full if it when you said the above phrases. IF those things were to happen, it wouldn't be the fault of ONLY Democrats. Because 'they', only now, run the Legislative branch! You guys still have the Executive. Any bills that are made into laws now, will be the fault of BOTH parties. You guys lost this election cycle for good reason. You have had control over BOTH houses AND the Presidency. As a result, everything that occured has been YOUR fault. YOU guys passed the transportation bill with over 9000 earmarks! YOU guys have been running the war with little to no oversight. YOU guys precided over the largest trade deficit ever. If you guys have all the best ideas, you should have been able to make everything honkey-dory. Instead, you ran us straight into the pooper..."

...silence...

"So, now you'll have to temper your actions and work with the Democrats, and I think history speaks better than I can as to what the results will be. Absolute power, corrupts absolutely, and you guys proved it. The Democratic takeover, will likely be the saving grace for this President, if he chooses to embrace it. However, I fear that his refusal to compromise will result in lame duck status. In any case, whatever happens, BOTH parties iwll share blame."

...silence...

Then the host continued,...

"Now we'll take another caller."

No remarks or contention.

I love talk radio.
 
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Those taxcuts were set to expire. There won't be antyhing 'blocked', they just won't vote to extend them or make them permanate.

Republicans said that they could outgrow our budget deficits, that didn't happen. So how to you recommend paying for everything, if we don't role back the tax cuts, or is it okay for us to operate continuesly in the 'red'?
 
Of course taxes will rise. Someone has to pay for Shrub's fun and games.

And of course people will blame the "tax and spend" Dems.

It was ever thus.
 
Wait, we could send the check, and forget to sign it...

Or send it without the envelope sealed sans-check, and claim that it must have fallen out...

The republicans were the ones NOT taxing WHILE spending, so NO ONE is interested in cutting anything. The democrats just think we should PAY for our goods and services, rather than passing the bill on to our kids.
 
King of the Americas said:
Those taxcuts were set to expire. There won't be antyhing 'blocked', they just won't vote to extend them or make them permanate.

Republicans said that they could outgrow our budget deficits, that didn't happen. So how to you recommend paying for everything, if we don't role back the tax cuts, or is it okay for us to operate continuesly in the 'red'?
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The 2003 tax cut, with the war expense looming, was bloody irresponsible. I've been seeing this coming for a while.

DR
 
I am a registered Democrat, but I like to call myself a "Progressive" because I am stuck right in the middle of Bushland. Even saying the word "Liberal' outloud could get me hung.
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It's hanged.

If you were hung I doubt you'd be wasting time on this forum on a Friday night.
 
Hanged, Hung...I think you understood what I was saying.

And 'hung' or not, as a pretty much 'married' man, I don't get action just because it is Friday night... Being in a monogamous relationship doesn't guarantee sex whenever I want. In fact, I got a lot more putang when I was single.

How did this discussion end up here...?

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Republicans don't cut spending or eliminate services, they SAY they will cut taxes which they do, but they aren't going to bite the hand that feeds them by terminating programs that help their constituents...

The result is budget deficits.

At least the Democrats are honest about taxes and services, AND it seems' like they are more interested in balanced budgets...
 
King of the Americas said:
Hanged, Hung...I think you understood what I was saying.

And 'hung' or not, as a pretty much 'married' man, I don't get action just because it is Friday night... Being in a monogamous relationship doesn't guarantee sex whenever I want. In fact, I got a lot more putang when I was single.
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How sad is it that I thought he meant you'd be dead from execution, and thus couldn't be here. It took me a number of times to figure out your reply was to something I hadn't read properly.

Aaron
 
Darth Rotor said:
The 2003 tax cut, with the war expense looming, was bloody irresponsible. I've been seeing this coming for a while.
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It was not. Revenues were up in real dollars. Up.

This way ^. Not this way V.

The cuts have not caused a decrease in government revenues, it is the supposedly conservative Congress that spent money like drunken sailors can only dream about that has kept the budget from balancing. And even despite the spending, the deficit narrowed quite a bit.

It wasn't the tax cuts.
 
NoZed Avenger said:
It was not. Revenues were up in real dollars. Up.

This way ^. Not this way V.

The cuts have not caused a decrease in government revenues, it is the supposedly conservative Congress that spent money like drunken sailors can only dream about that has kept the budget from balancing. And even despite the spending, the deficit narrowed quite a bit.

It wasn't the tax cuts.
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NoZed,

First off, let me say that I mostly agree with your sentiment. And the hateful spending burns me. But all things held equal, had the tax cut not occurred the defecit would be even smaller. They certainly have caused a decrease in tax revenue. Tax revenue would be EVEN HIGHER without the tax cut.

You're comparing pre-tax cut with post tax-cut. And that has intuitive sense, but it's not the logical comparison. What should be compared is today's revenues with hypothetical revenues today had the tax cut not occurred (which, for obvious reasons can only be hypothesized.)

Now, having said all of that, I would have supported a tax cut had it been less progressive than the one we got. So I'm certainly not opposed to tax cuts, per se.

Aaron
 
Well, in my eyes they should be even more progressive.
Govt gets so much of our money now they waste it.
Give them less and they waste less. Govt is like the spoiled rich kid. No matter how much you give them they want more. There is no reason at all to raise taxes again. It's just greed.
 
HeavyAaron said:
NoZed,

First off, let me say that I mostly agree with your sentiment. And the hateful spending burns me. But all things held equal, had the tax cut not occurred the defecit would be even smaller. They certainly have caused a decrease in tax revenue. Tax revenue would be EVEN HIGHER without the tax cut.
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Maybe, but you'll have to show your work -- the cuts might have affected it this way, according to where on the margin the total amount of taxation lay, but the models that assume we get higher revenues automatically from higher taxes are doing exactly that -- assuming it. The models being used by the federal government, for example (usually pointed to on this kind of topic) rely on everything remaining completely static. They ignore the potential positive effects of the cuts themselves.

If there is not a clear negative impact from cuts, then I would far, far prefer to attack the spending side. If we just held the budget to no growth (adjusted for inflation), we could outgrow the deficit in 4-6 years with no changes whatsoever. We could then turn some attention to the actual debt.
 
NoZed Avenger said:
It was not. Revenues were up in real dollars. Up.

This way ^. Not this way V.

The cuts have not caused a decrease in government revenues, it is the supposedly conservative Congress that spent money like drunken sailors can only dream about that has kept the budget from balancing. And even despite the spending, the deficit narrowed quite a bit.

It wasn't the tax cuts.
Click to expand...
And expenditures and debt accrual went which way?

Can you balance your checkbook?

DR
 
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NoZed Avenger said:
It was not. Revenues were up in real dollars. Up.

This way ^. Not this way V.

The cuts have not caused a decrease in government revenues, it is the supposedly conservative Congress that spent money like drunken sailors can only dream about that has kept the budget from balancing. And even despite the spending, the deficit narrowed quite a bit.

It wasn't the tax cuts.
Click to expand...

Wow so the tax cuts did not actualy cause there to be more money in anyones pockets then either, because if they are not resulting in a reduction of income compaired to what it would be with out them, then they do absolutely nothing.
 
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