Posted on 09/03/2012 7:03:36 PM PDT by shoedog
Republicans need to challenge and layout the truth of the Reagan Bush tax cut policies. Ryan is jut the man to do it. They have to explain that Government Revenues rose after these tax cuts, which is the exact purpose of taxes to drive government revenue (not to worry about percentages people pay but the real dollars that are driven into the government revenue. They have to then explain that spending more than those revenues is what drove the debt up. Finally give an example to disprove increasing tax rates raises more revenue by using the state of Maryland Millionaire tax where they lost 1.7 Billion dollars of revenue over the four years that it was enacted and many of those people moved out of state
DNC 2012 platform
When Obama accuses Romney’s economic plan of being in the past, Romney needs to counter by asking if 1. a record number of Americans on food stamps, 2. record high poverty and 3.record low numbers of people working are what Americans want for their future.
Thank you, I was out of toilet paper, I printed this and it saved me a trip to the store :)
Also the so-called "Bush Financial Crisis" should include the role of Barney Frank, Chris Dodd and Barack Obama in forcing banks to make high-risk sub prime house mortgages in precipitating the crisis.
Are you kidding me?? Romney - who says just like his prvious candidate - that Obama is just a nice guy???
The real problem is: THEY WERE NOT CUTS - THEY WERE A REDUCTION IN THE TAX RATES - and nobody seems to be articulating that!!
Romney Ryan want the RATES to remain the same for everybody .. while Obama wants the rates to increase for the RICH (which is everybody who makes more than $250,000 per year).
THIS TRUTH IS WHAT SHOULD BE ARTICULATED!!! And not the words “tax cuts”.
And .. I believe Obama stopped collecting taxes (payroll taxes I believe), THAT’S A TAX CUT .. but it’s going to expire too .. along with the Bush tax rates.
What must also be pointed out is the election results of 2006, where the economy was before November 2006 when Harry Reid and Nancy Pelosi took over.
Pelosi and the dems were basically running against business. I recall that after they won in november businesses didn’t even wait until Jan 20th to tighten the belt. They began tightening it in November.
The democrats intentionally ignore the fact that they have been in control since 2006 and Bush was a lame duck during the last two years of his Presidency.
The republicans foolishly forget to correct them.
The Kennedy Tax Cuts and ensuing Boom.
The Coolidge Tax Cuts and ensuing Boom.
The principle is well and repeatedly proven.
An unfortunate byproduct of tax cuts is that they result in more revenue to the government and obsucure the necessity to reduce spending..
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