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I hear people saying the Bush tax cuts didn't work to jumpstart

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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 11:18 AM
Original message
I hear people saying the Bush tax cuts didn't work to jumpstart
the economy, so they're not gonna work now either.

Well, maybe the real reason they didn't work is that they just weren't large enough. Maybe if we eliminate all taxes on income over $250,000 we can get this economy going.
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daa Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 11:21 AM
Response to Original message
1. Now that is the best idea I have heard here for a long time nt
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ClassWarrior Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 11:24 AM
Response to Original message
2. You been smoking jackpine needles, JR?
:crazy:

NGU.

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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 11:59 AM
Response to Reply #2
10. Want me to send you a baggie full?
With jackpine needles, a dime bag still costs a dime.
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ClassWarrior Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 12:25 PM
Response to Reply #10
15. LOL... I grow my own, Dude.
:hippie:

NGU.

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Wickerman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 11:25 AM
Response to Original message
3. Similar has worked so well for Social Security
can't imagine why this hasn't beem suggested yet.
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blue_onyx Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 11:26 AM
Response to Original message
4. You're kidding, right?
Reaganomics doesn't work.
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WilliamPitt Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 11:26 AM
Response to Original message
5. Derp?
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ieoeja Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 11:27 AM
Response to Original message
6. But shouldn't those smart enough to make $250,000 a year be rewarded ...

... by refunding all tax on their first $250,000 a year? I'm sure the only reason people don't make $250,000 a year now is that they have to pay taxes. If they didn't, I'm sure all of us would put in the extra effort to earn $250,000 a year.

I know I would. But right now, I just don't see the point since I would have to pay most of it to the gov't.



Disclaimer: I am joking. I wasn't going to mention that, but then it occurred to me that I am almost quoting verbatim the stupid shit I have seen written in all seriousness on non-Liberal boards. When the other side gets so stupid that they make sarcasm impossible, you have to ask, why do we ever lose?


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PVnRT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 11:29 AM
Response to Original message
7. Exactly!
I mean, poor people use more government services, so they should have to support them with taxes. When rich people keep more money, they'll invest in America! Really! Totally not lying here! For realsies!
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 11:35 AM
Response to Original message
8. Why not eliminate taxes all together, especially when the less
taxes, the more money goes into the treasury and the more jobs created? Zero taxes would definitely max out things on the revenue side and we would be drowning in cash and jobs. Just following the logic I keep hearing. So the idea must have merit.
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Iggo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 11:50 AM
Response to Original message
9. Some people are saying...
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Sherman A1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 12:16 PM
Response to Original message
11. Alternately we could
return to the tax rates of the 1950's when the US was rather prosperous and the top rates were something like 90%?

Maybe the idea of tax increases should be floated?
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Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 12:21 PM
Response to Original message
12. Also, no one is mentioning that the Bush tax cuts
were made at first when we had a budget surplus. The tax cuts quickly ate up the surplus as did our wars and put us into a deficit. No one seems to see that or want to mention it.
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Erose999 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 12:24 PM
Response to Original message
13. People who are smart enough to make $250,000 a year need to be rewarded

because making $250,000 just isn't enough of a reward on it's own, you know. I can only afford to send my kids to regular private school and not to the Arne Duncan deluxe privatized education charter school Supercenter.
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Edweird Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 12:24 PM
Response to Original message
14. Posts like these have been prophetic.
Edited on Wed Dec-08-10 12:25 PM by Edweird
It's probably just a matter of time till they float that trial balloon. Of course, we will be told how Obama 'didn't have any choice' and all that.
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kenny blankenship Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 12:28 PM
Response to Original message
16. And maybe reinstituting the old American custom of unpaid labor will help too!
How can we be sure until we try it? Everyone agrees that American industry needs to become globally competitive again, and there's no worse drag on profitability of a manufacturing business than the input costs of labor. Give Slavery A Chance!

You know Reagan would embrace this innovation.
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 12:51 PM
Response to Reply #16
18. The only problem with slavery is that you have to pay
for the upkeep of the slaves.

Better to use prison inmates. We need tougher laws, we need to expand the prison population.
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Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 12:33 PM
Response to Original message
17. They were not put into place to "jump start the economy"
They were put into place because "It's your money and you know better how to spend it than Congress" The economy was doing quite well at the time. We had had two consecutive years of Budget Surplus and were actually paying down out National Debt. It wasn't but a few months after those tax cuts were put into place the economy started it's downward trend and has not stopped yet..
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lame54 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 01:02 PM
Response to Original message
19. The sarcasm smilie is there for a reason
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