Active Users:771 Time:26/11/2024 08:23:09 PM
Back to Messageboard Post New Thread Search Help Stats Rules
Sorry, but that is a stupid opinion..... trzaska2000 Send a noteboard - 16/04/2011 08:38:35 PM
The 3 large tax cuts since WWII.....JFK, Reagan, and GWB have one thing in common. After the cuts, tax revenue went up signficantly.

Explain?

Hint: spending is the problem, not the tax cuts. As in, even with increased tax revenue, DC spent so much that our deficit and debt still grew.

I also recommend watching IOUSA. Our unfunded liability is north of $60 trillion, mostly due to entitlements. Recent tax cuts compared to this is a drop in the bucket.
*MySmiley*
Reply to message
Several basics facts about US Debt and Spending..... trzaska2000 - 16/04/2011 04:41:55 AM 1129 Views
Well ... at least we've been here before ... ? The_Muted_Grimaud - 16/04/2011 06:41:00 AM 652 Views
Guess we should have okay'd those death panels for old people then. Big money saver. *NM* TaskmasterJack - 16/04/2011 03:38:00 PM 332 Views
Yeah, those old people are draining the system..... trzaska2000 - 16/04/2011 06:57:59 PM 630 Views
You're already worse off than much of Europe, honestly. Legolas - 16/04/2011 04:08:37 PM 766 Views
Re: You're already worse off than much of Europe, honestly. Tihs Tnuc - 17/04/2011 01:33:31 AM 744 Views
Balancing our budget would be easy. ranagrande - 16/04/2011 06:46:32 PM 584 Views
Several of those aren't as easy as you make it sound, but the import tax is a big no-no. Legolas - 16/04/2011 07:34:30 PM 805 Views
Also on the buying drugs from Canada idea Isaac - 16/04/2011 08:17:26 PM 695 Views
Re: Also on the buying drugs from Canada idea Macharius - 18/04/2011 01:59:44 PM 734 Views
Re: Also on the buying drugs from Canada idea Isaac - 18/04/2011 05:16:14 PM 904 Views
Funny you mentioned WWII and 1968. Can you put tax rates at these times as well? Skeeve the Great - 16/04/2011 07:50:09 PM 1075 Views
Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. *NM* Legolas - 16/04/2011 08:25:26 PM 291 Views
Re: Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. Skeeve the Great - 16/04/2011 09:19:40 PM 738 Views
Have you ever looked at those projections for a decade or two hence? Legolas - 16/04/2011 10:13:12 PM 680 Views
Yes I have Skeeve the Great - 16/04/2011 10:44:50 PM 811 Views
Erm, and you think total health care spending is not getting out of control? I'm a little confused. Legolas - 16/04/2011 11:02:52 PM 739 Views
Yes it's going out of control Skeeve the Great - 16/04/2011 11:17:59 PM 680 Views
Good, we agree on that much then. Legolas - 17/04/2011 09:59:17 AM 669 Views
Exactly. Cutting back on fraud and waste doesn't really put much of a dent in those projections. *NM* Tom - 17/04/2011 02:31:13 AM 272 Views
Sorry, but that is a stupid opinion..... trzaska2000 - 16/04/2011 08:38:35 PM 645 Views
Sounds like another bull. Skeeve the Great - 16/04/2011 09:31:05 PM 917 Views
Dude, the data is the data.....tax revenue increased all three times. trzaska2000 - 16/04/2011 09:47:37 PM 856 Views
As I suspected, it's a bull. Skeeve the Great - 16/04/2011 10:02:05 PM 788 Views
Stop being a fool - read and react to the data provided, posting something..... trzaska2000 - 16/04/2011 10:14:11 PM 548 Views
Response is Skeeve the Great - 16/04/2011 10:19:00 PM 772 Views
Good lord.....it's like talking to a brick. I really hope you are 12 or 13. trzaska2000 - 16/04/2011 10:28:44 PM 763 Views
Re: Good lord.....it's like talking to a brick. I really hope you are 12 or 13. Skeeve the Great - 16/04/2011 10:47:24 PM 724 Views
I take it you mean "rate of revenue growth decreases". Legolas - 16/04/2011 11:11:19 PM 623 Views
Re: I take it you mean "rate of revenue growth decreases". Skeeve the Great - 16/04/2011 11:26:02 PM 777 Views
Additional point Skeeve the Great - 16/04/2011 11:37:17 PM 778 Views
It's not remarkable that revenue increased after the Reagan cuts. Tom - 17/04/2011 07:21:47 PM 950 Views
I've just noticed that you've provided charts from Heritage Foundation! Are you f.. kidding me? Skeeve the Great - 16/04/2011 10:13:46 PM 647 Views
All the data is via CBO - do you know that the CBO is? trzaska2000 - 16/04/2011 10:16:08 PM 655 Views
Re: All the data is via CBO - do you know that the CBO is? Skeeve the Great - 16/04/2011 10:27:01 PM 773 Views
Nice try.....care to explain why the same exact thing happened..... trzaska2000 - 16/04/2011 10:35:44 PM 583 Views
Re: Nice try.....care to explain why the same exact thing happened..... Skeeve the Great - 16/04/2011 10:49:33 PM 714 Views
Krugman is a shill for the Obama administration. Tom - 17/04/2011 02:34:50 AM 595 Views
Re: Krugman is a shill for the Obama administration. Skeeve the Great - 17/04/2011 03:50:24 AM 823 Views
Some obesrvations by Republican economists Skeeve the Great - 18/04/2011 12:27:04 AM 960 Views
You mean the Keynesian economist who wrote The Failure of Reaganomics random thoughts - 18/04/2011 04:00:52 PM 587 Views
Re: You mean the Keynesian economist who wrote The Failure of Reaganomics Skeeve the Great - 18/04/2011 05:36:44 PM 582 Views
You use Krugman and then complain about the Heritage Foundation! Are you f.. kidding me? *NM* random thoughts - 18/04/2011 02:46:47 AM 305 Views
Useless fact about our presidents since 1945. heartbreak - 17/04/2011 09:20:16 PM 830 Views
Re: Several basics facts about US Debt and Spending..... Skeeve the Great - 20/04/2011 03:51:19 PM 1009 Views
Back to Messageboard Post New Thread Search Help Stats Rules

Reply to Message

Block Quote Paragraph Quote
Formatting
Smiley Codes