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Old 05-30-2007, 01:08 PM  
recxjake recxjake is offline
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Your Choice: Tax-Raiser, Tax-Raiser, or Tax-Raiser

Your Choice: Tax-Raiser, Tax-Raiser, or Tax-Raiser

In their never-ending quest to snatch defeat from the jaws of victory, as they are so apt at doing, the three leading Democratic candidates have now all announced they plan to raise taxes if elected President.

John Edwards wants to raise taxes by approximately $120 billion - and that’s only to give health insurance only to the uninsured.

Today, Barack Obama and Hillary Clinton have announced they would like to raise taxes by similar amounts. Barack wants to give government health insurance to the uninsured as well (quick, cancel your health insurance in case one of these two guys wins!), and Hillary, as noted below, wants us to become the “we are in this together” society and get the government further into the business of redistributing wealth.

Ever since Walter Mondale announced that he would raise taxes if President, the American people have wisely rejected candidates that will cost them a lot more money. Even Michael Dukakis told the American people he would raise taxes “only as a last resort”… which I suppose puts Hillary, Obama, and Edwards to the left of Dukakis on this issue.

And keep in mind that this $100 billion tax hike is just for one program - and one that won’t even benefit 85% of the American population. Any other increased spending these candidates announce from here on out will require additional tax increases.

2008 should have been a fairly easy year for Democrats to keep control of Congress and win the White House, what with Bush fatigue and party fatigue eating at the Republicans. However, they are doing their darndest to make sure they lose.

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Old 05-30-2007, 01:18 PM   #2
HolmeZz HolmeZz is offline
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That site looks pretty fair and balanced.
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Old 05-30-2007, 01:26 PM   #3
banyon banyon is offline
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Yeah, you don't raise taxes during an expensive war, that's CRAAAZY! Let your children and grandchildren pay for it.
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Old 05-30-2007, 01:48 PM   #4
recxjake recxjake is offline
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Quote:
Originally Posted by banyon
Yeah, you don't raise taxes during an expensive war, that's CRAAAZY! Let your children and grandchildren pay for it.
uhhh, did you read it? The word war was not even said....

This is just their crazy plans for health care.
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Old 05-30-2007, 01:49 PM   #5
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Quote:
Originally Posted by banyon
Yeah, you don't raise taxes during an expensive war, that's CRAAAZY! Let your children and grandchildren pay for it.
Plus interest.
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Old 05-30-2007, 02:30 PM   #6
recxjake recxjake is offline
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It doesn't matter who the Repubs put up, if the Dems are running on higher taxes, it will be a victory for them.
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Old 05-30-2007, 02:32 PM   #7
HolmeZz HolmeZz is offline
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What would you do to fix the healthcare system, Jakey?

Also what are your plans for continuing to pay for a war that you don't see an end to?
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Old 05-30-2007, 02:34 PM   #8
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Old 05-30-2007, 03:19 PM   #9
banyon banyon is offline
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Quote:
Originally Posted by recxjake
uhhh, did you read it? The word war was not even said....

This is just their crazy plans for health care.
Apparently you did not even read your own garbage article either as they clearly make very general claims about raising taxes for any purpose in paragraphs 1, 3,and 4.

Then again, it's pretty poorly written, so I can see how it is confusing.
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Old 05-30-2007, 03:38 PM   #10
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Quote:
Originally Posted by Brock
Yes, let's all enjoy Walter Reed-like accomodations.
Nicely played.





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Old 05-30-2007, 04:35 PM   #11
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Quote:
Originally Posted by Brock
Yes, let's all enjoy Walter Reed-like accomodations.
and for only a hundred billion or so of higher taxes!
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Old 05-30-2007, 05:31 PM   #12
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lower taxes = increased revenues to the treasury. Sorry for raining on the parade.
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Old 05-31-2007, 08:36 AM   #13
banyon banyon is offline
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Quote:
Originally Posted by SBK
lower taxes = increased revenues to the treasury. Sorry for raining on the parade.
So, if the tax rate is 0% , then we will have infinite revenue?
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Old 05-31-2007, 08:40 AM   #14
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Quote:
Originally Posted by banyon
So, if the tax rate is 0% , then we will have infinite revenue?
He said "lower" not "0."

Do you have evidence of modern examples of reasonable tax cuts that have NOT produced increases in federal revenues (even if adjusted for inflation?)

I'd find that interesting...
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Old 05-31-2007, 08:44 AM   #15
banyon banyon is offline
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Quote:
Originally Posted by Mr. Kotter
He said "lower" not "0."

Do you have evidence of modern examples of reasonable tax cuts that have NOT produced increases in federal revenues (even if adjusted for inflation?)

I'd find that interesting...
Funny you should ask.

Individual income tax revenue:

2000 1,043,908,000,000
2001 994,339,000,000 (Bush Cuts taxes)
2002 858,345,000,000
2003 793,699,000,000
2004 808,959,000,000
2005 927,222,000,000
2006 1,043,908,000,000 (Inflation begins to catch up again/GDP)

http://www.taxpolicycenter.org/TaxFa....cfm?Docid=203

Anyway, my point, although perhaps made in too subtle a fashion was that SBK was basically speaking out of his a** and has no idea where we are on the mythical Laffer Curve anymore than I would with a magic 8-ball.
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