President Hillary Clinton - Best for the Economy !!
- Thread starter Joab
- Start date
Quote from Gord:
Like I said, government spending causes deficits - not tax reductions. Thanks for affirming that...
Actually the difference between income and expense causes deficits or bounced checks in a checking account.
What you tax or how tax receipts are spent is an unrelated issue.
You don't read too well do you? I said revenues went up (that's what you call "income"). It has been excessive spending (that's what you call "expense") that has caused the deficits of both the eighties and zeros.
Again - tax reductions on a national level increase government revenues through economic stimulation. Stopping deficit spending stops deficits.
Nice try, but not entirely true and very misleading.
Government revenues, in this country, are generated by ripping the cash from select groups of the citizenry. So-called tax reductions are nothing more than transferring the financial burden from one group to another.
As far as the cap tax being raised, who cares? Is there any doubt that if it were to happen, then the definition of capital gains will be changed to protect the innocent?
There's nobody waiting in the wings who are ready to challenge the status quo.
If you think about it Bush is loved by foriegn governments because with him chasing all the bad guys in the world and spending all YOUR money and young lives on his personal vendetta's, it's a pretty easy ride for all the other governments.
Thanks America
Seriously though, once Bush is out and a friendly International attitude is taken then the rest of the world WILL step back in to help you.
8 more months of his crap and then history will measure the damage.
Ohh, nice one! Did you learn that in home room? Ah man, you really showed me. Ho dude! Liberal class-envy blather, oh man, you are so deep.
You Parrot head...