Get your government out of my hole!
Firestreak said:Get your government out of my hole!
Only if they are Japanese business men.Trippyhippy said:I understand if you cry, they will tip you better.
Rones said:Only if they are Japanese business men.h34r:
Darkdante said:I never get the Japanese jokes.......
?
Darkdante said:I'm sorry I asked, lol.
Hugs cost extra. :spiteful:Trippyhippy said:Now how bout a group hug to make sure we can all still be friends.
:emote_grouphug:
Rones said:Hugs cost extra. :spiteful:
Thank you for providing a link that supports my argument. The large part of that article is just stating the fact that the government is taking in less money from taxing corporations and we have a national debt. However, it supports my statements that tax cuts boost the economy. It discusses loopholes some, and I agree those should be fixed. However, you do not fix loopholes by just stacking on more taxes to make up for it.Some argue that the United States taxes business more heavily than do other nations, creating a different competitive disadvantage: a global one
This is an example of economic growth that happens when you reduce taxes. This is exactly what you claim does not happen and has no effect. If the taxes were insignifigant, this wouldn't be important to corporations.the Bush tax cuts have also contributed to this drop, particularly the dramatic acceleration of depreciation schedules that now allow businesses to immediately deduct from their taxes 50 percent of their investments in plant and equipment, which previously had to be written off over a much longer period.
Rones said:If the amount of money lost from the business is insignifigant,
then anything the government could do with that amount of money is insignifigant.
If the government is able to do something signifigant with that amount of money,
then the money was of a signifigant amount to the business.
Rones said:If the amount of money lost from the business is insignifigant,
then anything the government could do with that amount of money is insignifigant.
Firestreak said:The thing about cigarettes are they are taxed because the government is trying to discourage people from using them.
Note: Taxes...DISCOURAGES PEOPLE FROM BUYING A PRODUCT.
Is this some kind of badly coordinated attack? Why are you guys both using the same argument?Rones said:If the amount of money lost from the business is insignifigant,
then anything the government could do with that amount of money is insignifigant.
If the government is able to do something signifigant with that amount of money,
then the money was of a signifigant amount to the business
Firestreak said:The fact remains, the price jack went to the consumer, not the company. Since they taxed the entire industry it was easy, because you and your competitors both have this tax. What's the point of loweirng the price?
Firestreak said:Then you look at the actual cost of making cigarette, and you see how much profit they make off each pack, and you realize that yes, they could easily lower price to compensate even some for the tax, but they don't, and why?
Firestreak said:Because there's no fucking reason to!
Darkdante said:Heres an article about debt and taxes. Still think lowering taxes is actually giving money back to America? This is like drawing money out from your credit card, sooner or later you need to pay it back.
Rones said:Thank you for providing a link that supports my argument. The large part of that article is just stating the fact that the government is taking in less money from taxing corporations and we have a national debt. However, it supports my statements that tax cuts boost the economy. It discusses loopholes some, and I agree those should be fixed. However, you do not fix loopholes by just stacking on more taxes to make up for it.
Rone said:This is an example of economic growth that happens when you reduce taxes. This is exactly what you claim does not happen and has no effect. If the taxes were insignifigant, this wouldn't be important to corporations.
Lower taxes boosts the economy. Higher taxes hurts the economy. Your 1st link only supports those beliefs. We already have income taxed as it moves to individuals. There is no reason to tax the businesses themselves, that only serves to hurt the economy and slow growth. I'm still waiting to see how you handle this:
Darkdante said:Is this some kind of badly coordinated attack? Why are you guys both using the same argument?
This is like saying if I eat 1 orange and it is good for me, then if I eat a 1000 oranges then it will be good for me.
To Fire: Just because a 100% tax on ciggarttes is bad, that doesn't mean that a 4% tax is bad. With that kind of menatlity all taxes are bad, might as well do away with the government entirely. Lets go back to Hunting and gathering, I'll go get my furskins you grab the spears.
Darkdante said:Again bad example. How did the consumer get jacked? Any taxes collected will go back to the poor in the form of government spending that everyone benefits from, it also reimburses the government for spending so much on the health effects of ciggartes, and it also is a deterrent for many to quit smoking. It was for me anyway.
I know you guys want to harp on how much goverment officials make, but lemme set you striaght, they do not make billions like the oil, ciggerate, and technology CEO's make. And when you give them tax cuts, it goes to the CEO's.
Darkdante said:Please explain how the consumer got jacked? The ciggartte smoker got jacked yes, but THAT was the plan, and it works.
Darkdante said:Exactamondo!
Arnt you guys the one saying that if we give tax breaks to the rich it will somehow be passed on to the poor?
Why would they do that? They got no reason to! Thats what I"ve been trying to say all this time, why you arguing?
This is WHY you tax the RICH.
I knew DD wouldn't catch on to that, but I'm glad you did. My response is, while it maybe be insignifigant to companies individually, the collective effective on the economy will be signifigant if the government is drawing out a signifigant amount of money. The government is a leech, drawing money from the economy in a parasitic relationship and disturbs the proper flow of the economy. However, it is a necessary evil. We can minimize its effect though by making sure it leechs from the least damaging area and as little as is needed.Trippyhippy said:Well sure, but if 10,000 businesses give up an insignifgant amount of cash, cumulativly, that's signifigant. We aren't just wanting to tax 1 business, or any business for that matter, we want to tax the people that own them.
Actually no. As I stated in an earlier post, most anything positive the government could do, can be done better by leaving the money in the economy where not only will be people earn more but the economy will grow faster.DarkDante said:You just made a case to raise taxes dude. Because if we follow your advice then government can't do shit. But anyway Trippy's comment pretty much covered this
You are right, debt is bad and rising. However, you forget that by taxing less now, the economy will grow more and faster. This means while you get less in taxes this year, you will get more in taxes next year than you would have had you taxed heavily the previous year. Taxes reduce the growth rate, thus you want to get by on the minimum amount of taxes possible, which can actually result in more taxes being collected in the long run thanks to economic growth.Not sure what your reading Rones, but here is a sentence from the 2nd article that pretty much summerizes it.
"I object to tax cuts that are financed with borrowed money," Davis said, "and will increase taxes on our children and grandchildren."
Your logic fails. Just because a national debt is getting passed along doesn't mean the tax cuts don't boost the economy. You have yet to prove that tax cuts don't boost the economy. Your link actually proves otherwise as I even quoted in my previous post.The tax cuts that we have today are not boosting the economy, it is passing the burden on to future gernerations.
It was the dot com bubble. It was going to happen regardless of who was in charge. It is also an example of what happens when you let the economy grow beyond safe and steady rate (typically 3-5% GDP annualy).So how do you explain Clinton? [in reference to economic boom under heavy taxes]
Rones said:I knew DD wouldn't catch on to that, but I'm glad you did. My response is, while it maybe be insignifigant to companies individually, the collective effective on the economy will be signifigant if the government is drawing out a signifigant amount of money. The government is a leech, drawing money from the economy in a parasitic relationship and disturbs the proper flow of the economy. However, it is a necessary evil. We can minimize its effect though by making sure it leechs from the least damaging area and as little as is needed.
Actually no. As I stated in an earlier post, most anything positive the government could do, can be done better by leaving the money in the economy where not only will be people earn more but the economy will grow faster.
You are right, debt is bad and rising. However, you forget that by taxing less now, the economy will grow more and faster. This means while you get less in taxes this year, you will get more in taxes next year than you would have had you taxed heavily the previous year. Taxes reduce the growth rate, thus you want to get by on the minimum amount of taxes possible, which can actually result in more taxes being collected in the long run thanks to economic growth.
Why do you think European countries struggle with such a low GDP growth? Here's a hint, it starts with a "T", ends with "s", is five letters long, and it isn't Texas. :wink:
Your logic fails. Just because a national debt is getting passed along doesn't mean the tax cuts don't boost the economy. You have yet to prove that tax cuts don't boost the economy. Your link actually proves otherwise as I even quoted in my previous post.
It was the dot com bubble. It was going to happen regardless of who was in charge. It is also an example of what happens when you let the economy grow beyond safe and steady rate (typically 3-5% GDP annualy).