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Politics Discuss McCain weighs proposal to cut taxes on investments at the Political Forums; Originally Posted by faithful_servant First of all, the Dems. want to increase our taxes, not lower them. They talk about ...

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Old 10-16-2008, 09:17 PM
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Post Re: McCain weighs proposal to cut taxes on investments

Quote:
Originally Posted by faithful_servant View Post
First of all, the Dems. want to increase our taxes, not lower them. They talk about tax cuts for the middle class, but they don't mention that they are going to allow the 2000 tax cut packeage to expire which will raise our taxes more than the tax cuts they are proposing. So don't think for one second that whenthe Dems. say they are going to cut my taxes, they are telling the truth. All they are doing is playing a numbers/politics game. They are trying to fool you into thinking that you're getting a tax break and then make political hay by claiming to give you one.
Economists have gone over the Obama plan.
FactChecking web-sites have gone over the Obama plan.

And yet, despite all that people like you insist on spreading unsubstantiated lies about the situation, refusing to prove your claims.


I suppose that even when your taxes are lowered, you're still going to insist that they're actually higher.
Perhaps you can send the difference to me just to make yourself feel better to help you pretend that you weren't wrong...


Quote:
Originally Posted by faithful_servant
You're right about the common man being the economic engine of this country, but without the relationship with business, he's an engine w/o fuel. You think that you can suck out investment capital and it will have no effect on our businesses.
Funny how I never said that...
But you're the mind-reader, so I'll let you continue your fantasy...


Quote:
Originally Posted by faithful_servant
Look at historical trends, when business taxes have the highest here, our economy has been the worst (with the exception of the post WWII boom that was funded by a massive returning of investment to businesses by way of war time production demands). When business taxes go up, we become less competitive in the global market. When they go down, we becomoe more competitive.
Just out of curiousity, do you even think about the fact that you're just making junk up when you ask other people to "look" at stuff that you're making up?
And I'm not talking about "theory", but the ACTUAL APPLICATION whereby there are a multitude of other factors going on, and the ACTUAL result is different than what you say...

http://www.irs.gov/pub/irs-soi/02corate.pdf
Here is the business tax history.
Do you really want to start examining our economic history in relation to the business tax?

It's a boring neo-con trend to pretend that if we do "X", then "Sky is falling Y" is an automatic assumed response...


Quote:
Originally Posted by faithful_servant
As for your babbling about corps. avoiding paying taxes, that's a classic example of yet another shortcoming in high business taxes. While I deplore the fact that these businesses are using loopholes to circumvent thier legal obligations, I also regonize that this is being driven by high business taxes. If business taxes were low or gone altogether, all of this money that's being sent outside of our economy would be staying in it.
Another boring, and completely transparent, neo-con tactic is to take one negative thing, identify another thing that neo-con's don't like, and proclaim that the one thing caused the other...

And the funny thing is that if you stop and THINK about it, their story typically doesn't make any sense...

Tell me. HOW does this method of thinking go?
"Hey Bob. Look at our corporate taxes for this year. (ignore how they little they have actually changed over the years)
They're high. So let's work it so we pay NO TAXES.
But next year, they're going to be lower.
So I think during that year, we should shift from paying NO taxes, to paying our fair share.
Ain't that a grand business model?"


You actually think business people are going to go from paying NO taxes, to paying MORE taxes of their own volition?
(Hey Frank, start writing up that "deed" for that bridge! I got a buyer!)


Quote:
Originally Posted by faithful_servant
Corps. would have more reinvestment capital...
Let's stop you right there.
They PAY NO TAXES.
You think they will shift to a situation where they START paying taxes.
And THAT, the act of paying no taxes to paying more taxes, is "more reinvestment capital" to you???


You're lost in neo-con fantasy land where the corporate revenues are made of gum drop trees, and the evil tax man is preventing the corporation from giving them to the employees, forcing the corporations to give them instead to the CEO who is driving the business into bankruptcy cause neither he nor the business pay any taxes...
< end sarcasm >
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Last edited by foundit66; 10-16-2008 at 09:23 PM..
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