we borrow $700 billion for the next ten years
That's only $70 billion per year, when Democrat Stimulus spent $800 billion in 2 years. $70 billion for folks in the private sector versus the $400 billion Stimulus to know-where.
No matter what the tax rate, the Government usually collects approximately 18% of the GDP, so, is it better to have high tax rates and less jobs, or low tax rates and more jobs? It's like they insist on a high unemployment.
1 posted on
10/18/2010 3:37:31 AM PDT by
Son House
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To: Son House
The Rats are shovel-ready for the dust bin of history.
'So, once again, we have the power. We've got this man in office. I think
we're all proud of Barack and his accomplishments. Everybody I know in
our communities are praying for us. Every day we feel that. And let me
just tell your listeners that it means all the world to us to know that there
are prayer circles out there and people who are keeping the spirits clean
around us.'
2 posted on
10/18/2010 3:40:29 AM PDT by
BobP
(The piss-stream media - Never to be watched again in my house)
To: Son House
These idiots still have figured out that it is INVESTMENT that creates jobs, not consumer spending.
3 posted on
10/18/2010 3:42:05 AM PDT by
fortheDeclaration
(When the wicked beareth rule, the people mourn (Pr.29:2))
To: Son House
"The notion that we borrow $700 billion for the next ten years from China or some other country in order to pay for tax cuts for millionaires and billionaires doesn't make sense. This is part of how we got in trouble in the first place," Axelrod said on CNN's "State of the Union." Pencil necks like Axelrod have zero concept of basic Economics 101. It does not occur to him that we could live within our means and not spend so recklessly. Democrats do not understand that an improved economy results in increased tax revenues.
The tax and spend Democrats continuously implement failed policies. They clearly have disordered minds.
4 posted on
10/18/2010 3:49:04 AM PDT by
olezip
To: Son House
pay for tax cuts for millionaires and billionairesDavid, that talking point is several weeks old. It's time to find a new one.
5 posted on
10/18/2010 3:51:48 AM PDT by
FlyVet
(")
To: Son House
"The notion that we borrow $700 billion for the next ten years from China or some other country in order to pay for tax cuts for millionaires and billionaires doesn't make sense. This is part of how we got in trouble in the first place," Axelrod said on CNN's "State of the Union." But David, you have borrowed the money to bail out the financial institution like Citicorp, JPMorganChase and AIG who are all millinaires and billionaires, you disingenuous puke.
To: Son House
No doubt he wants the unemployment rate to surpass 20% in his last two years in office.
9 posted on
10/18/2010 3:58:38 AM PDT by
Carley
(For those who fought for it, freedom has a flavor the protected will never know.)
To: Son House
10 posted on
10/18/2010 4:00:48 AM PDT by
South40
(My computer beat me at chess. But it was no match for me at kickboxing!)
To: Son House
No matter what the tax rate, the Government usually collects approximately 18% of the GDP, so, is it better to have high tax rates and less jobs, or low tax rates and more jobs? It's like they insist on a high unemployment. It amazes me how many people STILL believe tax rates and revenue are proportional. How did people ever get convinced the earth wasn't flat.
To: Son House
How's that "asking millionaires for campaign contributions" working out for you now?
Change.
14 posted on
10/18/2010 4:11:51 AM PDT by
Gorzaloon
("Mother...My Couric itches.")
To: Son House
Confiscate all of Soros’ $billions. He’s had his fun - it’s pay-back time.
15 posted on
10/18/2010 4:16:43 AM PDT by
sodpoodle
(Despair; man's surrender. Laughter; God's redemption.)
To: Son House
Why should anyone suffer a pay cut because a bunch of buffoons in DC can’t control their spending?
16 posted on
10/18/2010 4:17:01 AM PDT by
Nickname
To: Son House
Liars. It’s a tax on everyone destined for their private slush funds.
21 posted on
10/18/2010 4:36:33 AM PDT by
freekitty
(Give me back my conservative vote; then find me a real conservative to vote for)
To: Son House
Was there any doubts that the idiots manning the Lie Huse would think and do otherwise? Not.,,,afterall, idiots will be idiots, just ask the AnnointedIdiot. =.=
22 posted on
10/18/2010 4:39:14 AM PDT by
cranked
To: Son House
White House Stands by Call for Tax Hike on Wealthy Small Business There, fixed it for ya Axlerod, you turd.
26 posted on
10/18/2010 5:01:12 AM PDT by
grobdriver
(Proud Member, Party Of No! No Socialism - No Fascism - Nobama - No Way!)
To: Son House
Only spend on the things “necessary” to survive, that is certainly stimulative
However if you own or work in as “luxury” business, like a restaurant or car dealership, buh bye
Let’s have Meathead Axelrod run down a list of “luxuries” purchased by “the rich” on which spending would not stimulate or create jobs. How about if we start with PR and political consultant firms like Meathead’s
27 posted on
10/18/2010 5:37:12 AM PDT by
silverleaf
(The lesser of two evils is still evil.)
To: Son House
Go on OFFENSE on the Tax Cuts for the rich question!
Dont accept the $4 Trillion impact! It is BOGUS!
The Tax Cuts for the rich work like all other tax cuts, they GENERATE REVENUE by expanding the business base.
The 2007 Federal Tax receipts set an ALL TIME RECORD, while the Bush tax cuts were in full force.
The threat of those tax cuts going away has constricted enterprise and CUT the Federal receipts!
The Federal budget is NOT a cherry pie, it is NOT a zero sum game.
28 posted on
10/18/2010 5:52:44 AM PDT by
G Larry
To: Son House
“because people who need money in their pocket would have more money in their pocket”
this man is a robber
30 posted on
10/18/2010 6:19:36 AM PDT by
yldstrk
(My heros have always been cowboys)
To: Son House
"The notion that we borrow $700 billion for the next ten years from China or some other country in order to pay for tax cuts for millionaires and billionaires doesn't make sense. That's $700 billion out of the total $3,700 billion cost for extending current tax rates.
So, the "rich" would only get 19% of the total "tax cut". However, these same "rich" pay approximately 44% of individual income taxes (in 2007). So, they wouldn't even be getting their "fair share" of the "tax cut".
32 posted on
10/18/2010 6:49:15 AM PDT by
justlurking
(The only remedy for a bad guy with a gun is a good WOMAN (Sgt. Kimberly Munley) with a gun)
To: Son House; All
33 posted on
10/18/2010 7:22:33 AM PDT by
musicman
(Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
To: Son House
Here in PA, the newest source of wealth is 'the Marcellus shale' payments, where farmers are getting huge checks (ranging from 100K to a million or more) for signing over drilling rights to the natural gas under their property.
I have to laugh because many of these 'new wealth' Democrats are now screaming about how unfair the high taxes are now that it has the potential to hit them.
34 posted on
10/18/2010 8:30:20 AM PDT by
Ciexyz
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