Why not just reduce ALL taxes by 50%

Quote from tradersboredom:

in some military states . all taxes collected if their is any tax to collect is used to buy guns an bombs to support the military or the regime.

the US military spending based percentage on GDP is same as it was in vietnam.

in some countries, military spending is equal to GDP.

Why bring the military into this discussion and why mention other states.

I only asked whether you thought gov was a better investor than the private sector and therefore should dole out the tax money rather than let the private sector control the investing.

I see that NASA is contracting out some of their development sector to private interests.
Apparently they hold the opinion that individuals deliver a 'bigger bang for the creative buck' than gov.
 
Quote from talknet:

The best way to fight present financial crisis is to build-up the military.

50% of all the managers in Giant banks & Giant companies are frauds. These managers acquire business contracts through bribes, contacts and illegal activities.

The remaining 50% managers are honest but they do not have business brains.

My True example-: 2 years back I had a discussion with a manager of a multi-billion company and he said "no" to my business deal.

After 5 days, I had a discussion with the CEO of the same company and the CEO immediately agreed to my business deal. CEO said "excellent business deal".

It is highly surprising that the $1400 Trillion world economy is run by Frauds & fools.

The falling giant banks & giant companies are indicators of approaching massive financial catastrophe which is $1200 Trillion loss to the world economy


Barack Obama's home "Chicago" is famous for corruption. Few days back somebody was trying to sell Obama's vacant senator position.

There is high possibility Barack Obama bribed his way to USA presidency.

Barack Obama is the "biggest fool" in this world. It is highly surprising how did Obama became USA President.


What further improvements and better policies can Barak Obama make which George Bush could not make. It is a dead end and there is no way out. It's over.

George Bush was the Best-ever USA President.

Barack Obama is also a Muslim. Maybe Obama is an Al-Qaeda Spy/operative now controlling USA president position.

USA army should over-throw the government and gain 100% control over USA administration. Barak Obama & his team is too weak, incompetent and useless.

Mods,

Remove this post please as it is too far from the intent of this thread.

thank you
 
Quote from jjf:

Instead of offering a stimulus package which will have a distorting effect on the economy, why not cut ALL taxes to 50 cents in the dollar and let the private sector pick the path to recovery.


That would help everyone can’t do that. Congress needs to get there greedy hands on the money.
 
Quote from jjf:

Mods,

Remove this post please as it is too far from the intent of this thread.

thank you
The post can be deleted but what about the truth/fact that, anytime now USA army will over-throw the government and gain 100% control over USA administration. Barak Obama & his team is too weak, incompetent and useless.

My message of "military takeover" has been received by my friends and contacts in USA army.
 
Quote from talknet:

The post can be deleted but what about the truth/fact that, anytime now USA army will over-throw the government and gain 100% control over USA administration. Barak Obama & his team is too weak, incompetent and useless.

My message of "military takeover" has been received by my friends and contacts in USA army.

Fine, but post into a relevant thread, preferably your own.
 
if your are long and bullish and optimistic about the future you wish for peace not war.

no prosperity or economic growth if there is war. remember that.

Quote from jjf:

Why bring the military into this discussion and why mention other states.

I only asked whether you thought gov was a better investor than the private sector and therefore should dole out the tax money rather than let the private sector control the investing.

I see that NASA is contracting out some of their development sector to private interests.
Apparently they hold the opinion that individuals deliver a 'bigger bang for the creative buck' than gov.
 
Quote from tradersboredom:

if your are long and bullish and optimistic about the future you wish for peace not war.

no prosperity or economic growth if there is war. remember that.

But it was WW2 that produced the stimulus, not the new deal package.
In fact the ND was saved from failure by WW2

Pres R was keen to enter the war before 1941 and it was not his undying love for the English that was his driving force.

History can be re-written, but it cannot be re-lived
 
It is interesting that on a trading site like ET there is next to no support to cut taxes.

You would think People who trade for a living would understand the power of the individual mind to create and grow wealth, not just for themselves but for other people as well.

Does this mean that ET is not populated by Traders.
 
Who are the biggest tax payers? They will receive the bulk of the tax cuts. The question then is what will they do with it?

Let us assume Exxon will be one of the big beneficiaries. What will it do with its big tax break? Will its actions stimulate the economy?

By the way it is by no means clear that WWII stimulus was the reason for the end of the Great Depression.
 
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