[quote]rainjack wrote:
Beowolf wrote:
Headhunter wrote:
hspder wrote:
I asked this in another thread, but I got no answers, so let me ask this again:
Let me see if I understand this: you’d rather believe Bush and Cheney, who probably never picked up a Macroeconomics book in their lives, than every single renowned Macroeconomist on the planet, including, but not limited to, Ben Bernanke?
'Cause the latter group is pretty much unanimous in saying the tax cuts should NOT be made permanent.
Is it that this falls into one of those “junk science” bins (“Macronomics is not really a science – I mean, it never agrees with the GOP dogma, so I can’t be!”)? Or is it the “they’re confused” bin? Or is it “he’s the president, he is ALWAYS right”? I can’t really tell, can you educate me a bit on GOP spin?
Hmmm…one person (Bush) says: “Its your money, you sweated for it, you earned it. We will take as small a part as possible to run the government.”
Others say: “We have these grandiose spending plans and you’re too stupid to know what to do with your money anyway…so, hand it over.”
I choose the first.
Headhunter
You are to stupid to know what to do with it.
Hand it over.
Government needs money. During a just war, we need to sacrifice. For a just cause, we, as americans, must sacrifice.
The tax cuts benefit the rich and upper-middle class, because my family isn’t all to thrilled with the extra $180…
I’ll take a good public education, medical care, and other governmental services over 200 dollars thanks.
I cannot believe the stupidity of those on here that do not get the fact that a tax cut benefits those that actually pay taxes. This was not a Government hand out.
In fact - if you were in the 15% tax bracket - you got to move the first 10K (MFJ) down to 10%.
If you paid little or no taxes - guess what? You got little or no refund.
Well - that is not exactly true - if you had kids under 17 you got a refundable tax credit - not to mention the EIC.
But those that actually paid the taxes got a tax break.
What the hell is so hard to understand about that? And on top of the that - revenues are up.
Stupidity knows no bounds.
[/quote]
Again revenue temporarily up (That’s the OMB talking) and even now they are historically low and obviously they are still not making up for the cost of the tax cuts (Still Bush’s OMB talking) and regardless revenue increases aren’t coming from increased economic growth. Other than that though, YEA!