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Trickle Down Government 'yes, We Do' Want To Raise Taxes By A Trillion Dollars


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"Vice President Joe Biden, speaking earlier today in Iowa said, "Yes, we do" want to raise taxes by a trillion dollars"

http://www.weeklysta...ars_653666.html

Is this the President's plan to improve the economy? Romney is right. Obama/Biden have a trickle down government approach to the economy. They want to raise taxes, then spend that money on businesses that they choose: Solyndra, Abound Solar, Spectrawatt, Evergreen Solar. You cannot tax your way to prosperity.

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To be frank America needs to win the green power game and fast that solves 2 birds with one stone. Frees the world from over pollution and the spectres of disease and creates new ways for industry to repair and roll out green based power items such as cars etc.....

Imagine that one thing with cars reliant on fossil fuels being redundant then look at the solar wind and bio fuel markets so that nuclear or fossil based power is hugely decreased.

That is where the bounty is - you need to set sail and fast!

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To be frank America needs to win the green power game and fast that solves 2 birds with one stone. Frees the world from over pollution and the spectres of disease and creates new ways for industry to repair and roll out green based power items such as cars etc.....

Imagine that one thing with cars reliant on fossil fuels being redundant then look at the solar wind and bio fuel markets so that nuclear or fossil based power is hugely decreased.

That is where the bounty is - you need to set sail and fast!

Green or no, we need to produce as much energy as we can for as little cost as we can. If that leads to solar and wind, then all the better. If not, oh well. However, taking money out of the productive elements of the economy and dumping it into unproductive elements of the economy is not going to get us either out of this slump or into a new energy paradigm.

Edited by Flip Flop
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I enjoy how the right has, and justly so, complained so much about the budget and economy yet all their proposals have come off as them trying to have their cake and eat it, too. It has been shown that Romney's budget proposal is mathematically impossible and would just add more to the deficit, but this is also necessary for the economy and should be done immediately? I also found it funny last night when Romney criticized Obama for not adopting Simpson-Bowles when his running mate attempted to sabotage it.

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Do you think that adding a trillion dollars in taxes onto this economy will help improve growth?

Balancing the budget and paying off the debt would, in turn, increase the value of the dollar and thus purchasing power. So, in the long run, yes and in a much more meaningful way than constantly beating the dead horse that is 'cutting taxes will give everyone jobs.'

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Well considering the US economy was best during the Clinton years then they should let the Bush tax cuts expire because they obviously have not helped the economy in any way.

Growth rates were better under Truman. Maybe we should fight a World War so that we can have a post war boom. Or we could fight a forty year cold war, so that we can have a post cold war boom. Doesn't change the queastion. Do you think that adding a trillion dollars in taxes onto an economy with teensy growth will improve growth?

How about we cut back to Clinton era spending?

Edited by Flip Flop
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Balancing the budget and paying off the debt would, in turn, increase the value of the dollar and thus purchasing power. So, in the long run, yes and in a much more meaningful way than constantly beating the dead horse that is 'cutting taxes will give everyone jobs.'

Why not cut spending. Since revenues essentially continue to increase, so the problem is that spending outpaces revenues exponentially.

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Why not cut spending. Since revenues essentially continue to increase, so the problem is that spending outpaces revenues exponentially.

Considering all the balanced budget proposals are consistently rejected, which also made me laugh last night that Romney criticized Obama for not pushing for Simpson-Bowles sooner despite the fact that he had pushed for revised versions of it this year and last and that his own running mate attempted to sabotage that commission, I don't see that being an option until a particular side regains sanity and recognizes balance is required for this.

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Why not cut spending. Since revenues essentially continue to increase, so the problem is that spending outpaces revenues exponentially.

You know how I know you and Romney don't care about deficits? Because you keep asking for tax cuts.

Do you understand that if corporations would keep their jobs in America, and if taxes were raised, our deficits would be next to nothing. You do not honestly think that this problem was caused in the last 3.5 years? IF you do, you just don't pay attention.

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Why not cut spending. Since revenues essentially continue to increase, so the problem is that spending outpaces revenues exponentially.

Do you think all of the public sector jobs lost from slashing spending will help improve growth? You realize that the unemployment rate would be 1% lower had it not been for the jobs lost in the public sector, right?

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Taxes have to be rewritten. They should fit in a magazine and be so simple that anyone can file their taxes without going to pages of deductions, etc. All income should be taxed at the income tax rate, but capital gains taxes should get a percent deduced depending on how long it took to see those gains.

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You know how I know you and Romney don't care about deficits? Because you keep asking for tax cuts.

Do you understand that if corporations would keep their jobs in America, and if taxes were raised, our deficits would be next to nothing. You do not honestly think that this problem was caused in the last 3.5 years? IF you do, you just don't pay attention.

The vast majority of 'outsourced' jobs are jobs created overseas in order to service markets overseas. Do you understand that US Corporations have trillions of dollars of profits earned overseas that remain overseas because we have a putative tax code?

Edited by Flip Flop
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It takes both raising revenue and cutting spending. The right refuses to be involved in the former.

The best way to raise revenue is to broaden the tax base. Raising taxes is a short term revenue generator because the economy will adjust to the tax increase by slowing. This results in a taxing a higher percentage of a smaller pie.

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Do you think all of the public sector jobs lost from slashing spending will help improve growth? You realize that the unemployment rate would be 1% lower had it not been for the jobs lost in the public sector, right?

So, we should increase taxes in order to take more money out of the productive part of our society (the private sector) and fund an unproductive part of our society (the government) and this will result in economic recovery? GDP is already on life support. What percentage of our current GDP growth do you suggest we sacrifice to maintain inefficient government employment?

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So, we should increase taxes in order to take more money out of the productive part of our society (the private sector) and fund an unproductive part of our society (the government) and this will result in economic recovery? GDP is already on life support. What percentage of our current GDP growth do you suggest we sacrifice to maintain inefficient government employment?

Are you talking about defense spending now?

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How dare our Federal Government spend 19% of its budget on the primary purpose for having a Federal Government. We should cut there first.

Yay purplies...

Seriously though, we have an education problem here and it starts with the parents. We need to either properly incentivize parents to make sure their children are properly educated before they get to kindergarten. I just want to combat the cycle of poverty and the only way is through education.

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