Announcement

Collapse
No announcement yet.

Why is raising taxes not the answer to pay off our natl deficit?

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
  • #1

    Why is raising taxes not the answer to pay off our natl deficit?

    Why will raising taxes not be the answer to paying off our natl debt? and if your answer is the deficit reduction answer, why isn't it being done?
    Tags: None
  • #2
    One - increased revenue would lead to increased spending.

    Two - spending OPM creates a massive hard on.

    Comment

    • #3
      They should be reducing the budget. It will be the only way to cut their spending, in a logical world. What would end up happening most likely is adding more bs fees and other charges to compensate the difference.
      Originally posted by Cmarsh93z
      Don't Fuck with DFWmustangs...the most powerfull gang I have ever been a member of.

      Comment

      • #4
        Do YOU want to pay more for someone to pay off their bills?
        Putting warheads on foreheads since 2004

        Pro-Touring Build

        Comment

        • #5
          You could start with the fact that we're currently about $80 trillion underwater - or a little over 5x GDP. (That's a whole lot of tax increases).

          You could then look into the Laffer curve and the concept of taxable inelasticity.
          Originally posted by davbrucas
          I want to like Slow99 since people I know say he's a good guy, but just about everything he posts is condescending and passive aggressive.

          Most people I talk to have nothing but good things to say about you, but you sure come across as a condescending prick. Do you have an inferiority complex you've attempted to overcome through overachievement? Or were you fondled as a child?

          You and slow99 should date. You both have passive aggressiveness down pat.

          Comment

          • #6
            They raise taxes then find some other shit to spend the extra money on.
            2004 Suzuki DL650
            1996 Hy-Tek Hurricane 103

            Comment

            • #7
              Originally posted by slow99 View Post
              You could start with the fact that we're currently about $80 trillion underwater - or a little over 5x GDP. (That's a whole lot of tax increases).

              You could then look into the Laffer curve and the concept of taxable inelasticity.
              ummm wtf 80 trillion?

              I hate paying taxes already. Good enough reason.

              Comment

              • #8
                You'd have to tax us to oblivion to have any hope of debt reduction.

                The problem is spending.

                "Self-government won't work without self-discipline." - Paul Harvey

                Comment

                • #9
                  we're spending a trillion dollars a month.

                  you can't raise enough tax to cover that, you have to cut spending.
                  Don't worry about what you can't change.
                  Do the best you can with what you have.
                  Be honest, even if it hurts.

                  "Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy; Its inherent virtue is the equal sharing of misery" ... Winston Churchill

                  Comment

                  • #10
                    They don't have a dam budget

                    Originally posted by 347Mike View Post
                    They should be reducing the budget. It will be the only way to cut their spending, in a logical world. What would end up happening most likely is adding more bs fees and other charges to compensate the difference.
                    that's a Democrat problem.
                    Don't worry about what you can't change.
                    Do the best you can with what you have.
                    Be honest, even if it hurts.

                    "Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy; Its inherent virtue is the equal sharing of misery" ... Winston Churchill

                    Comment

                    • #11
                      Attention Required! | Cloudflare
                      http://www.washingtontimes.com/blog/inside-politics/2012/may/16/obama-budget-defeated-99-0-senate/


                      Obama budget defeated 99-0 in Senate

                      President Obama's budget suffered a second embarrassing defeat Wednesday, when senators voted 99-0 to reject it.

                      Coupled with the House's rejection in March, 414-0, that means Mr. Obama's budget has failed to win a single vote in support this year
                      Don't worry about what you can't change.
                      Do the best you can with what you have.
                      Be honest, even if it hurts.

                      "Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy; Its inherent virtue is the equal sharing of misery" ... Winston Churchill

                      Comment

                      • #12
                        What a fucking loser.

                        Comment

                        Previous template Next
                        Working...
                        X