Great minds on tax cuts...
Lu Powell
too low and the soundest way to raise the revenues in the long run is to cut
the rates now ... Cutting taxes now is not to incur a budget deficit, but to
achieve the more prosperous, expanding economy which can bring a budget
surplus."
"Lower rates of taxation will stimulate economic activity and so raise the
levels of personal and corporate income as to yield within a few years an
increased - not a reduced - flow of revenues to the federal government."
"In today's economy, fiscal prudence and responsibility call for tax
reduction even if it temporarily enlarges the federal deficit - why reducing
taxes is the best way open to us to increase revenues."
"It is no contradiction - the most important single thing we can do to
stimulate investment in today's economy is to raise consumption by major
reduction of individual income tax rates."
"Our tax system still siphons out of the private economy too large a share
of personal and business purchasing power and reduces the incentive for
risk, investment and effort - thereby aborting our recoveries and stifling
our national growth rate."
"A tax cut means higher family income and higher business profits and a
balanced federal budget. Every taxpayer and his family will have more money
left over after taxes for a new car, a new home, new conveniences, education
and investment. Every businessman can keep a higher percentage of his
profits in his cash register or put it to work expanding or improving his
business, and as the national income grows, the federal government will
ultimately end up with more revenues."
"In those countries where income taxes are lower than in the United States,
the ability to defer the payment of U.S. tax by retaining income in the
subsidiary companies provides a tax advantage for companies operating
through overseas subsidiaries that is not available to companies operating
solely in the United States. Many American investors properly made use of
this deferral in the conduct of their foreign investment."
"In short, it is a paradoxical truth that ... the soundest way to raise the
revenues in the long run is to cut the rates now. The experience of a number
of European countries and Japan have borne this out. This country's own
experience with tax reduction (nine years ago) has borne this out. And the
reason is that only full employment can balance the budget, and tax
reduction can pave the way to that employment. The purpose of cutting taxes
now is not to incur a budget deficit, but to achieve the more prosperous,
expanding economy which can bring a budget surplus."
--
The Tea Party that counts is November 2, 2010
nom=de=plume
news:lpsJm.10596$6c2....@newsfe03.iad...
Are you afraid of the attribution? (Hint: google works)
--
Nom=de=Plume
nom=de=plume
news:c4pcf512flh1pds44...@4ax.com...
> On Sat, 7 Nov 2009 21:33:50 -0800, "nom=de=plume"
> <nom=d...@plume.invalid> wrote:
>
>>
>>Are you afraid of the attribution? (Hint: google works)
>
>
> One thing that strikes me is deficit spending only works if it
> actually creates LONG TERM jobs for marginally qualified people.
> Things like clunker employ a factory for a month, then what? That is
> the classic "give a man a fish".
>
> We better find something we can make here ... fast.
It's also about infrastructre renewal. This is what FDR did and it was
working. The clunker program worked in a short term way, but you're right,
we need more long-term projects. The stim plan does have provisions for
infrastructure spending, and the money is starting to arrive.
--
Nom=de=Plume
H the K
We could have the unemployed round up the obstructionist
Republicans/Conservatives and...
Naw. Too German...
Jim
Your tax cut method to prosperity has been discredited. If it were so,
Bush wouldn't have left office with a 1.2 trillion dollar debt after
starting off with a huge surplus.
It was good for those who ran through the treasury barefoot and had a
party with YOUR money, but you don't seem to care, as long as it was
stolen by a Republican money redistributing machine. Give to the rich!
That'll make me rich too!
In short:
What they left behind isn't prosperity, but debt.
Why you continually throw stones at everyone except Bush amazes me. He
deserves it. Obama is our only hope when the best you guys can do is
bring us Sara Palin.
BAR
j...@hotmail.com says...
> >
>
> Your tax cut method to prosperity has been discredited. If it were so,
> Bush wouldn't have left office with a 1.2 trillion dollar debt after
> starting off with a huge surplus.
My financial adviser has yet to tell me that the best way for me to pad
my retirement account is to go into debt.
I haven't heard anybody in the financial industry tell people that they
need to go further debut to prevent themselves from going bankrupt.
> It was good for those who ran through the treasury barefoot and had a
> party with YOUR money, but you don't seem to care, as long as it was
> stolen by a Republican money redistributing machine. Give to the rich!
> That'll make me rich too!
$1.2 Trillion dollars in 9 months dwarfs all of the debut from Bush's 8
years
> In short:
> What they left behind isn't prosperity, but debt.
True. But, you can't get out of debt by going further into debt. Many
people have tried and have a bankruptcy on their credit report that
hangs heavily over all of their fanancial affairs for the rest of their
lives.
> Why you continually throw stones at everyone except Bush amazes me. He
> deserves it. Obama is our only hope when the best you guys can do is
> bring us Sara Palin.
Bush was stupid to keep the veto pen in his desk.
Obama is a tax and spend liberal in the worst way. The fact that you
can't see is all of our problem.
Obama will be the downfall of all of us. The sooner we get someone like
Palin in office who expouses personal responsibility the better off we
all will be.
Lu Powell
"BAR" <sc...@you.com> wrote in message
news:MPG.2561470d7...@news.giganews.com...
Amen to your comments. I quit supporting Bush and the
Republicans when they started spending like Democrats.
Jim
They are still trying to crucify Bush instead of concentrating on fixing
the real problem, which is Obamas entourage and the entire congress.
We should be able to address part of the problem next November. And if
obama doesn't shape up he will be out too. Palin couldn't be any worse
than what we have now.
thunder
> $1.2 Trillion dollars in 9 months dwarfs all of the debut from Bush's 8
> years
In point of fact, that is just not true. Bush added $5 trillion to the
debt.
Lu Powell
UPDATE UPDATE UPDATE UPDATE: See below
"Jim" <**@**.com> wrote in message
news:007360b3$0$17038$c3e...@news.astraweb.com...
I no longer argue with the bozo Dims.
The quotes in my original post was from speeches by John F. Kennedy, made to
Congress and other groups between 1961 and 1963.
His positions were prophetic and correct. It was tragic he didn't live long
enough to see the benefits of his foresight.
Too bad the largesse from his tax cuts was spent on LBJ's Vietnam war and
his Great Society.
Too bad the Dims continue to engage in class warfare for their own sake, and
contrary to what is good for the country.
Loogypicker
> UPDATE UPDATE UPDATE UPDATE: See below
>
> "Jim" <**@**.com> wrote in message
>
> news:007360b3$0$17038$c3e...@news.astraweb.com...
>
>
>
>
>
> > BAR wrote:
>
> - Show quoted text -
That pathetic childish name calling is just what Harry does........
John H.
wrote:
Ditto. He's getting blamed for acting like a Democrat, and rightly so.
That was my gripe about McCain. If he were going to act like a
liberal, then we may as well have a liberal get the blame for the
fuckups.
--
John H
************************************************************************************
"That's not a *baby* kicking, beautiful bride, it's just a fetus." (Harry Krausism)
************************************************************************************
Loogypicker
> On Sun, 8 Nov 2009 22:34:41 -0500, "Lu Powell" <harryw...@biteme.com>
> wrote:
>
>
>
>
>
>
>
> >"BAR" <sc...@you.com> wrote in message
> >news:MPG.2561470d7...@news.giganews.com...
> "That's not a *baby* kicking, beautiful bride, it's just a fetus." (Harry Krausism)
>
> - Show quoted text -
John, do you think any liberal has ever done anybody any good?
What about things like:
The GI Bill
The Peace Corp
Civil Rights Movement
Earned Income Tax Credit
Family and Medical Leave Act
Consumer Product Safety Commision
Americans with Disabilities Act
Lobbying Disclosure Act
The Dept. of Education
The Dept. of Energy
Food Safety Laws
National Weather Service
FDIC
CDC
Did you know it was Democrats that authored the laws letting us gain
access to our credit reports?
And the list goes on.
Lu Powell
"Loogypicker" <loogy...@gmail.com> wrote in message
news:f0b23276-6b57-4ee0...@15g2000yqy.googlegroups.com...
-----------------------------------------------------------------------------------
Great list if you want to live in a nanny state where you cede your
liberties for your safety. In the end, you will have neither.
John H.
<loogy...@gmail.com> wrote:
>On Nov 9, 2:26�ｿｽpm, John H. <removethssalmonb...@gmail.com> wrote:
>> On Sun, 8 Nov 2009 22:34:41 -0500, "Lu Powell" <harryw...@biteme.com>
>> wrote:
>>
>>
>>
>>
>>
>>
>>
>> >"BAR" <sc...@you.com> wrote in message
>> >news:MPG.2561470d7...@news.giganews.com...
>> >> In article <uqmdnaXbP6v86GrXnZ2dnUVZ_uadn...@earthlink.com>,
>> >> j...@hotmail.com says...
>>
>> >>> Your tax cut method to prosperity has been discredited. �ｿｽIf it were so,
>> >>> Bush wouldn't have left office with a 1.2 trillion dollar debt after
>> >>> starting off with a huge surplus.
>>
>> >> My financial adviser has yet to tell me that the best way for me to pad
>> >> my retirement account is to go into debt.
>>
>> >> I haven't heard anybody in the financial industry tell people that they
>> >> need to go further debut to prevent themselves from going bankrupt.
>>
>> >>> It was good for those who ran through the treasury barefoot and had a
>> >>> party with YOUR money, but you don't seem to care, as long as it was
>> >>> stolen by a Republican money redistributing machine. �ｿｽGive to the rich!
>> >>> �ｿｽ That'll make me rich too!
>>
>> >> $1.2 Trillion dollars in 9 months dwarfs all of the debut from Bush's 8
>> >> years
>>
>> >>> In short:
>> >>> What they left behind isn't prosperity, but debt.
>>
>> >> True. But, you can't get out of debt by going further into debt. Many
>> >> people have tried and have a bankruptcy on their credit report that
>> >> hangs heavily over all of their fanancial affairs for the rest of their
>> >> lives.
>>
>> >>> Why you continually throw stones at everyone except Bush amazes me. �ｿｽHe
>> >>> deserves it. �ｿｽObama is our only hope when the best you guys can do is
>> >>> bring us Sara Palin.
>>
>> >> Bush was stupid to keep the veto pen in his desk.
>>
>> >> Obama is a tax and spend liberal in the worst way. The fact that you
>> >> can't see is all of our problem.
>>
>> >> Obama will be the downfall of all of us. The sooner we get someone like
>> >> Palin in office who expouses personal responsibility the better off we
>> >> all will be.
>>
>> >Amen to your comments. I quit supporting Bush and the
>> >Republicans when they started spending like Democrats.
>>
>> Ditto. He's getting blamed for acting like a Democrat, and rightly so.
>> That was my gripe about McCain. If he were going to act like a
>> liberal, then we may as well have a liberal get the blame for the
>> fuckups.
>> --
>> John H
>>
>> ***************************************************************************�ｿｽ*********
>> "That's not a *baby* kicking, beautiful bride, it's just a fetus." (Harry Krausism)
>> ***************************************************************************�ｿｽ*********- Hide quoted text -
>>
>> - Show quoted text -
>
>John, do you think any liberal has ever done anybody any good?
Yes.
>
>What about things like:
>The GI Bill
>The Peace Corp
>Civil Rights Movement
>Earned Income Tax Credit
>Family and Medical Leave Act
>Consumer Product Safety Commision
>Americans with Disabilities Act
>Lobbying Disclosure Act
>The Dept. of Education
>The Dept. of Energy
>Food Safety Laws
>National Weather Service
>FDIC
>CDC
>
>Did you know it was Democrats that authored the laws letting us gain
>access to our credit reports?
>
>And the list goes on.
--
John H
************************************************************************************
"That's not a *baby* kicking, beautiful bride, it's just a fetus." (Harry Krausism)
************************************************************************************
I am Tosk
removeths...@gmail.com says...
> >> On Sun, 8 Nov 2009 22:34:41 -0500, "Lu Powell" <harryw...@biteme.com>
> >> wrote:
> >>
> >>
> >>
> >>
> >>
> >>
> >>
> >> >"BAR" <sc...@you.com> wrote in message
> >> >news:MPG.2561470d7...@news.giganews.com...
> >> >> In article <uqmdnaXbP6v86GrXnZ2dnUVZ_uadn...@earthlink.com>,
> >> >> j...@hotmail.com says...
> >>
> >> >>> Bush wouldn't have left office with a 1.2 trillion dollar debt after
> >> >>> starting off with a huge surplus.
> >>
> >> >> My financial adviser has yet to tell me that the best way for me to pad
> >> >> my retirement account is to go into debt.
> >>
> >> >> I haven't heard anybody in the financial industry tell people that they
> >> >> need to go further debut to prevent themselves from going bankrupt.
> >>
> >> >>> It was good for those who ran through the treasury barefoot and had a
> >> >>> party with YOUR money, but you don't seem to care, as long as it was
> >> >>> ￜ That'll make me rich too!
> >>
> >> >> $1.2 Trillion dollars in 9 months dwarfs all of the debut from Bush's 8
> >> >> years
> >>
> >> >>> In short:
> >> >>> What they left behind isn't prosperity, but debt.
> >>
> >> >> True. But, you can't get out of debt by going further into debt. Many
> >> >> people have tried and have a bankruptcy on their credit report that
> >> >> hangs heavily over all of their fanancial affairs for the rest of their
> >> >> lives.
> >>
> >> >>> deserves it. ï¿œObama is our only hope when the best you guys can do is
> >> >>> bring us Sara Palin.
> >>
> >> >> Bush was stupid to keep the veto pen in his desk.
> >>
> >> >> Obama is a tax and spend liberal in the worst way. The fact that you
> >> >> can't see is all of our problem.
> >>
> >> >> Obama will be the downfall of all of us. The sooner we get someone like
> >> >> Palin in office who expouses personal responsibility the better off we
> >> >> all will be.
> >>
> >> >Amen to your comments. I quit supporting Bush and the
> >> >Republicans when they started spending like Democrats.
> >>
> >> Ditto. He's getting blamed for acting like a Democrat, and rightly so.
> >> That was my gripe about McCain. If he were going to act like a
> >> liberal, then we may as well have a liberal get the blame for the
> >> fuckups.
> >> --
> >> John H
> >>
> >> "That's not a *baby* kicking, beautiful bride, it's just a fetus." (Harry Krausism)
> >>
> >> - Show quoted text -
> >
> >John, do you think any liberal has ever done anybody any good?
>
> Yes.
> >
> >What about things like:
> >The GI Bill
> >The Peace Corp
> >Civil Rights Movement
> >Earned Income Tax Credit
> >Family and Medical Leave Act
> >Consumer Product Safety Commision
> >Americans with Disabilities Act
> >Lobbying Disclosure Act
> >The Dept. of Education
> >The Dept. of Energy
> >Food Safety Laws
> >National Weather Service
> >FDIC
> >CDC
> >
> >Did you know it was Democrats that authored the laws letting us gain
> >access to our credit reports?
ALL GREAT STUFF BY DEMOCRATS, HOPE I GET CREDIT FOR THIS POST!!!
Loogypicker
> "Loogypicker" <loogypic...@gmail.com> wrote in message
>
> Great list if you want to live in a nanny state where you cede your
>
> - Show quoted text -
Really, do you wish we DID NOT have the FDIC, National Weather
Service, American's with Disabilities Act, and the GI Bill?