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I've kept my mouth shut, but can't take it anymore
- Thread starter Camp Creek Kid
- Start date
Geo
Beach Fanatic
Pls disprove the "myth". Just because tax revenues went up does not mean that taxes weren't cut. Um, maybe they earned more which required them to pay more in taxes despite the tax cuts...
Geo
Beach Fanatic
Yes. Agreed. But how does this equate to your statement that GW cutting taxes is a myth? He did cut taxes.
traderx
Beach Fanatic
He cut tax rates. Tax "revenue" to the federal government increased over GWB's seven years. Of course, the operative problem is that the federal government spent too much money over those seven years. Deficits are always the result of too much spending. You cannot raise enough money to cover deficits because the Congress and the President can always find ways to spend it. I fear we are stuck in a permanent deficit/debt cycle. I don't see how it can ever be balanced again. Our one opportunity is to get the economy running on all eight cylinders. Excuse me, in this day and time, four cylinders.
Nothing increases tax revenue to the federal government like a whirling economy.
Chickpea
Beach Fanatic
He cut tax rates. Tax "revenue" to the federal government increased over GWB's seven years. Of course, the operative problem is that the federal government spent too much money over those seven years. Deficits are always the result of too much spending. You cannot raise enough money to cover deficits because the Congress and the President can always find ways to spend it. I fear we are stuck in a permanent deficit/debt cycle. I don't see how it can ever be balanced again. Our one opportunity is to get the economy running on all eight cylinders. Excuse me, in this day and time, four cylinders.
I certainly agree with the latter part of your argument - let's get this friggin economy rolling again - no more unnecessary wars and certainly no more bail outs of irresponsible companies....
30ashopper
SoWal Insider
LuciferSam
Banned
Actually a good war might be just what the doctor ordered.
Right, it's worked so well these last seven years. Which doctor? Jekyl, Strangelove or Phibes?
GoodWitch58
Beach Fanatic
Actually a good war might be just what the doctor ordered.
I find this comment to be insensitive. Apparently you have never served in a war; had a loved one serve, or especially lost a loved one to war...war is never the answer to anything, and to trivalize it so shows a complete lack of understanding of what others have endured and sacrificed.
