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Dear Republican lurkers if you think tax cuts are a good stimulus for the economy read this.

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Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-02-09 01:34 PM
Original message
Dear Republican lurkers if you think tax cuts are a good stimulus for the economy read this.
In order to get tax cuts one must pay taxes. For the average American, paying taxes means having a job. The only people who will benefit from a tax cut these days are the wealthy and eight years of Friedman economics have proved that tax cuts for the wealthy do nothing for the economy other that create bubbles in the stock market. The stimulus has to put the nation back to work so Americans can get wages they can be taxed on. Yet, Republican politician after Republican politician are up there on their podiums beating the tax cut drum. One Senator even said the reason Democrats like taxes is because they don't pay them. He was referring to Tom Daschle. Honestly, it isn't rocket science and those Senators and Representatives know better. They just figure that you, their constituents, are too stupid to figure this out. It seems this has been true in the last eight years. I hope this time the scales will drop from your eyes and you will see that you have been played like a harp by those greedy, money aristocrats on this issue among many others.
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-02-09 01:45 PM
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1. If a middle income person gets a tax cut it won't be spent
People are scared of losing their jobs and homes. A gainfully employed person who gets a $500-$1000 taxcut will either use the money to pay down debt (CC or mortgage, etc.) or sock the money away in the bank, fearing a rainy day to come.

If we must cut taxes, cut them for the lowest income people, who are certain to actually spend the money.
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Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-02-09 01:48 PM
Response to Reply #1
2. Yes, if they still have a job. Have you looked at all the layoffs lately, many of
them in low income jobs?
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