Tax cuts will trickle down to job creation!

[Lux Interior]

mattkime wrote:
republicans haven't had a new idea since reagan.

You say that like it's a bad thing.

[Mac1337]

mattkime wrote:
republicans haven't had a new idea since reagan Adam Smith.

[john dough]

You have the time to post all over this forum yet still no proof of what you say.

For someone who has a strong opinion about things, I have yet to see anything backing up what you are talking about.

What do you have for us?

[Grace62]

Dakota wrote:
Only a rate cut is a tax cut in my books. Others are ad hoc and can be taken away on a whim or has all sorts of limitations and caps. I am actually against the payroll tax cut. The fund is raided daily as it is. Wasn't that long ago that likes of Obama raised a raucous when Bush suggested that people set aside 2% for themselves. And if Obama is such a tax cutter, why doesn't he cut the rates like Bush did.

Stay tuned, you might get your wish.
Obama weighs tax code overhaul

[Reggiebob]

Tax cuts for the wealthy does help stimulate the economy...the problem is that we only get 30 cents on the dollar. While extending the unemployment gets us $1.60 on the dollar boosting the economy. The President knows we don't get much bang for the buck with tax cuts for the wealthy, however he also knows that in order to get his agenda he has to except extending the Bush tax cuts... that does not create jobs, as well as putting money into the middle class!!

[Mac1337]

Reggie who?

[Reggiebob]

The Congressional Budget Office reported July 26 that the Bush high income tax cuts were "the least effective of eleven options to stimulate growth and job creation."

He found that each dollar spent on unemployment benefits extensions increased the gross domestic product by $1.64, every dollar put into food stamps increased GDP by $1.73, every dollar put into aid for state governments increased GDP by $1.36, and that each dollar put into infrastructure increased GDP by $1.59.

In contrast, each dollar's worth of dividend and capital gains tax cuts increases the GDP by only 37 cents. Each dollar's worth of corporate tax cuts yields only 30 cents and making the Bush tax cuts permanent yields only 30 cents.
http://www.peoplesworld.org/patrick-toom...-the-rich/
I know you like the facts so I will lead you the right way!!

[Mac1337]

Welcome Reggie. I must say you have stumbled upon a remarkable economic theory. From now on we can all sit back and mail everyone a dollar. By the end of the year we will have a 64% return on investment. Who needs work?

[Reggiebob]

Thank you for the welcome!! Can everyone start by sending me a dollar?? LOL peace

[Grace62]

Oh and that Ryan plan? DOA. Political poison for Republicans.


http://www.rawstory.com/rs/2011/04/27/re...an-budget/