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Old 03-21-2008, 01:10 AM
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Can any Liberals out there give me a substantive,logical reason why they

think tax increases help the economy? I have seen historic graphs of economic upturns and downturns in The United States over the past 70 years and the upturns always occur in sync with tax cuts. Without name calling or rattling off false statistics......
Thanks Libertarian, that's one logical answer.
Hey watching our empire decline, it takes at least 10 years for a presidents economic policies to truly take effect so who was president ten years ago???
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Old 03-21-2008, 01:11 AM
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It's better to have tax increases and balance the budget than run up huge deficits which devalue the dollar and make everything more expensive.

Ideal is to have a small government which does the basic of establishing justice and security.
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Old 03-21-2008, 01:14 AM
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No they can't
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Old 03-21-2008, 01:15 AM
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They don't necessarily, however, tax cuts paired with out of control government spending is so much worse.
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Old 03-21-2008, 01:20 AM
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The unfortunate things with tax cuts it is that it always gets cut from education,
And too be fair 100 years in Iraq won't help out economy either.....
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Old 03-21-2008, 01:25 AM
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So living during the Clinton presidency didn't jog enough of your memory, Sparky?

Bill raised taxes and we did supremely well for a time. Millions of HIGH-PAYING jobs were created and everybody benefited.

Under Bush?

"Trickle down" economics has proven to be a failure once again. (But should we really be all that surprised?)

EDIT:

"...it takes ten years for a President's policies to take effect..."?

Um...no it DOESN'T.

If it did, we wouldn't have had the dot.com boom of the 90s, now would we Sir Genius? We would be having it when Bush was President--now wouldn't we?

Oops!

Care to try again with another lame excuse? Because we all know what's been going on during Bush's tenure. And it didn't TAKE ten years to see the results of his unmitigated disasters--one right after another. It took 8.
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Old 03-21-2008, 01:28 AM
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A huge increase in the estate tax, taxation of legalized marijuana and a large tax per round of golf would lead to increased government revenue, lower payroll tax rates and more take-home pay for American workers.

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Old 03-21-2008, 01:41 AM
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where are your factual statistics? but I say this if i'm being FORCED to pay taxes then those taxes should be SPENT on things I need...not what the top 10% want...which is usally more weapons to protect their interests in other lands.
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Old 03-21-2008, 01:42 AM
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Not any more than I can give substantiative, logical reasoning as to why supply supply side economics would help the economy. Look up some more graphs and you might see that the wealth gap also increases during these times ...Its not all about the GDP.

Ready for a compromise? A creative solution? Something? Anything? I sure am. I can't see this playing out well for us "regular people" in the global economy either way...
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