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| Re: GOP Budget Cuts - What was that all about? (729331) | |
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Re: GOP Budget Cuts - What was that all about? |
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Posted by Spider-Pig on Fri Feb 4 15:00:17 2011, in response to Re: GOP Budget Cuts - What was that all about?, posted by PHXTUSbusfan on Fri Feb 4 11:58:55 2011. FDR was also a great president. |
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Re: GOP Budget Cuts - What was that all about? |
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Posted by LuchAAA on Fri Feb 4 15:10:19 2011, in response to Re: GOP Budget Cuts - What was that all about?, posted by AlM on Fri Feb 4 12:26:00 2011. UmUm is so snarky cunt. That's how some tween starts off a sentence when trying to just be a snarky cunt. You're a middle-aged man and can do without "Um". You know that I was talking about an increase on income taxes. For example, increasing the 35% bracket to 36%. |
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Re: GOP Budget Cuts - What was that all about? |
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Posted by PHXTUSbusfan on Fri Feb 4 15:22:02 2011, in response to Re: GOP Budget Cuts - What was that all about?, posted by Spider-Pig on Fri Feb 4 15:00:17 2011. I don't dispute that at all. He's one of my favorites. |
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Re: GOP Budget Cuts - What was that all about? |
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Posted by salaamallah@hotmail.com on Fri Feb 4 15:26:53 2011, in response to Re: GOP Budget Cuts - What was that all about?, posted by SelkirkTMO on Thu Feb 3 22:41:23 2011. lol |
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Re: GOP Budget Cuts - What was that all about? |
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Posted by JayMan on Fri Feb 4 17:16:02 2011, in response to Re: GOP Budget Cuts - What was that all about?, posted by LuchAAA on Thu Feb 3 22:46:28 2011. I'm more in favor in cutting out military waste and programs the Pentagon does not want that cutting out health care to poor people (even with the waste, a certain level of which is inevitable). |
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Re: GOP Budget Cuts - What was that all about? |
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Posted by salaamallah@hotmail.com on Fri Feb 4 17:21:35 2011, in response to Re: GOP Budget Cuts - What was that all about?, posted by LuchAAA on Thu Feb 3 22:46:28 2011. no |
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Re: GOP Budget Cuts - What was that all about? |
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Posted by SMAZ on Fri Feb 4 19:14:44 2011, in response to Re: GOP Budget Cuts - What was that all about?, posted by Fred G on Fri Feb 4 07:18:35 2011. Correct. |
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Re: GOP Budget Cuts - What was that all about? |
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Posted by David Fairthorne on Mon Feb 7 15:38:51 2011, in response to Re: GOP Budget Cuts - What was that all about?, posted by italianstallion on Thu Feb 3 18:52:11 2011. Did you know Reagan raised taxes?He raised business, energy and payroll taxes, but he didn't raise income tax, and on balance he was a big-time tax cutter. He also increased military spending. Based on the concept of the Laffer curve, he thought that if taxes were cut tax revenue would actually increase. But that's not what happened. Taxes went down and so also did tax revenues, resulting in very substantial budget deficits. According to the Wikipedia article "Reaganomics": "In order to cover new federal budget deficits, the United States borrowed heavily both domestically and abroad, raising the national debt from $997 billion to $2.85 trillion, and the United States moved from being the world's largest international creditor to the world's largest debtor nation. Reagan described the new debt as the "greatest disappointment" of his presidency." |
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Re: GOP Budget Cuts - What was that all about? |
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Posted by Fred G on Mon Feb 7 20:20:09 2011, in response to Re: GOP Budget Cuts - What was that all about?, posted by David Fairthorne on Mon Feb 7 15:38:51 2011. Some deductions were removed, like personal credit interest and moving expenses and income averaging was ended so it was in effect an income tax increase.your pal, Fred |
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