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Why Taxes Have to Go Up (The NY Times explains Democratic policy -- not so secretly)
New York Times ^ | October 21, 2004 | Editorial

Posted on 10/21/2004 11:32:08 AM PDT by OESY

click here to read article


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Homeowners of the World Unite! Remove onerous interest rates! You have nothing to lose but your chains! /sarc.
1 posted on 10/21/2004 11:32:10 AM PDT by OESY
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To: OESY

Here's a novel idea that unfortunately even W hasn't embraced:

CUT SPENDING!!!


2 posted on 10/21/2004 11:35:02 AM PDT by RockinRight (Bush's rallies look like World Series games. Kerry's rallies look like Little League games.)
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To: OESY

"compared with the $236 billion surplus when President Bush took office "

Total bull.

That was a PROJECTED (10 year) figure that went out the window with the dot.com bust.


3 posted on 10/21/2004 11:35:49 AM PDT by Bigh4u2
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To: OESY

Kerry should immediately adopt this sensible program and tout it at every opportunity. :)


4 posted on 10/21/2004 11:36:57 AM PDT by TheBigB (OPEN YOUR EYES, Clark Kent! You belong with CHLOE!)
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To: RockinRight

Actually, W has tried to push through spending cuts.

The problem is getting it through Congress, and getting them to give up on their favorite 'pork' projects.


5 posted on 10/21/2004 11:37:22 AM PDT by Bigh4u2
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To: OESY

Actually, we should bring back war bonds to pay for the war on terror. I'm sure quite a few people would buy them.


6 posted on 10/21/2004 11:38:51 AM PDT by FreedomCalls (It's the "Statue of Liberty," not the "Statue of Security.")
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To: Bigh4u2

Yeah, I know. But he hasn't emphasised it IMHO.


7 posted on 10/21/2004 11:39:14 AM PDT by RockinRight (Bush's rallies look like World Series games. Kerry's rallies look like Little League games.)
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To: Bigh4u2
Actually, W has tried to push through spending cuts.

Color me skeptical. Bush twisted arms to get that massive medicare increase passed, largest education budget in history, etc., etc.

If Bush were a real fiscal conversative, he'd put that veto to good use.

8 posted on 10/21/2004 11:41:56 AM PDT by Publius Valerius
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To: OESY
I think a very simple law should be passed which mandates that whoever calls for higher taxes should be compelled to PAY higher taxes themselves. No excuses.

I'm tired of Leftists being so generous with my money.

9 posted on 10/21/2004 11:42:07 AM PDT by Prime Choice (The Leftists think they can tax us into "prosperity" and regulate us into "liberty.")
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To: OESY
"...consider that the child credits or other tax breaks you enjoy today are in effect a loan from, say, China, through the United States Treasury to you."

This statement is disingenuous at best. The New York Times are grasping at straws thoroughly panicked that their poster boy liberal candidate isn't going to win the White House. They'll say anything.
10 posted on 10/21/2004 11:44:23 AM PDT by Raquel (Keep praying for W - he feels it!!!)
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To: OESY
Of the two candidates, Mr. Kerry is more credible on deficit reduction.

Oh no, the nyt gets it wrong again. Neither candidate has any cred on this particular issue (nor does congress). The only hope is that Bush will start privatizing programs in term II (t2). Not holding my breath on that one, though. I'm voting for Bush because of the court appointments, not the economy.

11 posted on 10/21/2004 11:46:09 AM PDT by searchandrecovery (Socialist America - diseased and dysfunctional.)
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To: OESY
The next president and Congress should also raise money from alternative sources so income taxes and spending cuts are not the only way to reduce the deficit. A good place to start would be an increased federal gasoline tax and a new tax on industrial carbon emissions, greenhouse gases that lead to global warming. Each tax change would pull triple duty by raising revenue, reducing dependence on foreign oil and helping the environment.

Hey NYT: How about a tax on newspapers? Think of all the trees that could be saved, or replanted with all that extra revenue.

These leftist morons don't have a clue about increasing government revenue. They seem to grasp basic economics when it comes to their product, but go deaf, dumb and blind when it comes to taxes.

If government could be considered to have a "product" to sell, it would be "Taxable Income". How does a normal business increase its revenue? Decrease the unit sales price. For example, if Widgets Are Us sells 10,000 widgets for $1 they gross $10,000. If they reduce the sale price a mere 5% to $.95 (cents) they could sell 15,000 units (basic supply and demand you dumbass marxists), which results in gross income of $14,250 an increase of over 42%!

If government cuts tax rates total revenue will go up--not down, like the left's static analysis assumes. The truth of the matter is the left is not really concerned about eliminating deficits--they want to control our lives through the tax code. If you doubt this look back over the last 40 years they were in charge and see if you can find anything more than a feigned concern about deficits.

12 posted on 10/21/2004 11:48:40 AM PDT by Auntie Dem (Hey! Hey! Ho! Ho! Terrorist lovers gotta go!)
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To: OESY

"...leader who restores the nation's fiscal health..."


You don't improve the fiscal health of a capitalist economy by taking more money from the public sector, whether it is used for new programs or paying down debt.

A family can earn it's way out of debt without increasing the pecentage of their income devoted to paying down debt as long as they keep stepping up the income ladder and control spending.

A strong capitalist economy will grow it's way out of debt as long as the polititians stop finding new ways to spend money faster than the GNP can go up.

Crippling the economy by socializing an entire sector like medical care is the path to ruin.

We have way too much debt for a socialised economy, just as a person on a fixed income has no business taking on further debt. But in an open market economy with low relative tax burden, the debt we carry is trivial.

What this article is suggesting would be like a medical student cutting back on the classes he is taking and getting a burger flipping job to decrease the accumulation of student loan debt.

The faster he gets out of school and starts making real money the better, and soon the debt will be an after-thought.

The sooner an economy gets itself out of recession the better. Cutting taxes and controlling is the real long term answer to "the nations fiscal health".


13 posted on 10/21/2004 12:06:33 PM PDT by Undecided
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To: Undecided

Cutting taxes and controlling SPENDING is the real long term answer to "the nations fiscal health".


14 posted on 10/21/2004 12:09:27 PM PDT by Undecided
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To: OESY

Why even read on past the "ill conceived tax cuts" line. It is a poorly conceived article.


15 posted on 10/21/2004 12:21:11 PM PDT by hyperpoly8 (Illegitimati Non Carborundum)
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To: OESY

Who wrote this communist trash?


16 posted on 10/21/2004 12:27:46 PM PDT by wasp69 (Zell Miller is a prime example that Southern Gentlemen and Statesmen still exist.)
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To: Bigh4u2

"Actually, W has tried to push through spending cuts."

There is really no excuse. A Republican Congress and a Republican President have NOT cut spending. If he doens't cut it next term I will leave the Republican party forever. (don't worry I'm going to the libertarians not the dems) :)


17 posted on 10/21/2004 12:28:54 PM PDT by traviskicks (http://www.neoperspectives.com/johnkerry.htm)
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To: OESY
President Bush is fixated on making his ill-conceived tax cuts permanent and creating new tax shelters for affluent investors.

Idiots! These are the people who create jobs and sign paychecks.

18 posted on 10/21/2004 1:04:33 PM PDT by jslade (People who are easily offended......OFFEND ME!)
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To: searchandrecovery

Ditto. National security and the judicial appointments are at stake.


19 posted on 10/21/2004 5:54:58 PM PDT by LibertarianInExile (The Fourth Estate is the Fifth Column.)
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To: OESY

each candidate seems determined to push forward with an agenda that avoids asking Americans to pay for what the government provides.


20 posted on 10/21/2004 5:57:33 PM PDT by KantianBurke (Am back but just for a short while)
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