Democrat Majority Power Delivers--The largest tax increase in history!!!

[NMCB3]

Originally Posted by rockerz71

Taxes on businesses are a way for the government to take the money it wants from the public without them even knowing it. They then convince everyone that the greedy business owners are using their windfall profits to exploit them, and proceed to raise taxes on businesses even higher. Then they spend this money on socialist programs that appeal to some subset of their constituents. Most people think that they are getting a good deal... no new taxes appearing directly on their paychecks, screwing the rich, and getting some free services from Uncle Sam. It's a real good way to get reelected.

Exactly, I`m just trying to discover why someone would think thats a good thing.

[FrankRizzoXD40]

Originally Posted by VAXDGUY

Sure...how many billions are we spending a day in that pisshole in the Mideast?

And that has what to do with the democrats raising taxes?

You really should start reading the entire thread--you've already mischaracterized my position when it was previously very clearly stated.

Frank

[VAXDGUY]

Originally Posted by FrankRizzoXD40

You really should read the entire thread before you make comments like that.





As I have already said, republicans have spent too much. We should cut spending and taxes. If I had to chose between the two, I would much rather have the government run a defict by borrowing and paying back. Frank

Why? Have an overwhelming desire to bankrupt your children? Their children? There's a tipping point where it'll be impossible to pay it back. Unlike you and I, the country can't declare Chapter 11.

[FrankRizzoXD40]

Originally Posted by NMCB3

Exactly, I`m just trying to discover why someone would think thats a good thing.

I am also extremely intrested. Perhaps someone will enlighten us.

Frank

[rockerz71]

Originally Posted by FrankRizzoXD40

Running a deficit in the short term is ok and actually can stimulate the economy. But running it for too long is not a good idea.

It's definitely true that deficit spending can be used to stimulate the economy. Unfortunately, any power that the government has will be abused for vote-buying. Therefore, the government should not be able to spend more than it takes in.

[NMCB3]

Originally Posted by beardman2

like cutting spending?

Cutting spending is the wise approach. Therefore Congress will try something else.

[rockerz71]

Deleted

[FrankRizzoXD40]

Originally Posted by VAXDGUY

Why? Have an overwhelming desire to bankrupt your children? Their children? There's a tipping point where it'll be impossible to pay it back. Unlike you and I, the country can't declare Chapter 11.

And that is why we need to cut spending. Increasing taxes is the wrong way to pay back the deficit.

Increasing spending without increasing taxes may bankrupt the government in the LONG TERM, but it will not ruin the economy, increase the size of government, give more power to the government as fast as raising taxes.

Both are bad strategies. Raising taxes is the worst of the two. I propose a new solution--cut spending and taxes.

Frank

[rockerz71]

Originally Posted by NMCB3

Exactly, I`m just trying to discover why someone would think thats a good thing.

Some people probably don't mind giving up a little more of their own money, as long as the "rich" get screwed. This is probably more extreme for people who rely heavily on government services.

[Cryogaijin]

What possible good could come from excessive taxation upon American businesses?

Who said anything about excessive?

Why should the primary tax burden belong to "national corporations"?

I disagree. I don't think it was ever intended to "belong" to them.

Correct me if I'm wrong, but prior to "the New Deal" most of the federal government''s operating budget came from taxes and tarrifs levied on interstate buisness.

As the federal government was primarily created to mediate interstate trade and legal disputes, as well as provide for the common defense, having corporations foot the bill was the most logical way to do things.