wealth redistribution

[odooley6985]

http://www.ctmirror.org/story/17498/...dont-grow-jobs

[odooley6985]

http://www.washingtonpost.com/blogs/...ll-businesses/

Cutting taxes on small businesses is not likely to increase their hiring. “Until they see a pickup in sales, businesses with excess capacity are unlikely to use the proceeds from any tax cuts to hire more workers or expand capacity further. This is why CBO, even as it has noted that some businesses would profit from an extension of the current top tax rates, rejected the argument that Congress should extend these tax cuts to create jobs in a weak economy: ‘Increasing the after-tax income of businesses typically does not create much incentive for them to hire more workers in order to produce more, because production depends principally on their ability to sell their products.’ ”

Relatively few small businesses would be affected. “Allowing the top two marginal tax rates to return to pre-2001 levels as scheduled next year would affect very few small businesses, a recent Treasury Department study found. The study shows that only 2.5 percent of small business owners face the top two rates.”

[odooley6985]

I could go all night. I will probably get the liberal media line in about five minutes.

[odooley6985]

http://www.cbpp.org/cms/index.cfm?fa=view&id=3251

Tax-Cut Extension Would Not Generate New Customers for Business

CBO has explained that firms will not hire workers or make new investments unless they have — or expect to have — enough customers to justify the increased capacity. Whether a firm’s taxes modestly rise or fall matters much less in this regard than the level of demand for the firm’s products or services.

A CBO analysis noted that some small businesses would profit from an extension of the current top tax rates, but pointedly rejected the argument that Congress should extend these tax cuts to create jobs in a weak economy. CBO explained that “increasing the after-tax income of businesses typically does not create much incentive for them to hire more workers in order to produce more, because production depends principally on their ability to sell their products.” [3]

[scotty]

Originally Posted by odooley6985

I could go all night. I will probably get the liberal media line in about five minutes.

Yep,

Because I could list just as many news reports from the other side saying tax hikes on the rich will solve nothing.

How about you address the spending in the government. After all, that is why the rich don't want to pay more taxes to begin with because the government will waste it anyway.

Why don't you address the lack of a balanced budget.........oh yeah, I mean NO budget in the last 3 years of this administration.

Why don't you address all of the failed investments this administration has made with our tax dollars that have ended in waste.

Why don't you address Obamacare that is and will cost us billions we don't have.

I bet you can. After all, your not really here for actual discussion, , , , , , now are you?

[odooley6985]

Originally Posted by scotty

Yep,

Because I could list just as many news reports from the other side saying tax hikes on the rich will solve nothing.

How about you address the spending in the government. After all, that is why the rich don't want to pay more taxes to begin with because the government will waste it anyway.

Why don't you address the lack of a balanced budget.........oh yeah, I mean NO budget in the last 3 years of this administration.

Why don't you address all of the failed investments this administration has made with our tax dollars that have ended in waste.

Why don't you address Obamacare that is and will cost us billions we don't have.

I bet you can. After all, your not really here for actual discussion, , , , , , now are you?

Again dodge the original question like a champ. The thing is am I am not just sighting articles. I am giving real examples. Obamacare is horrible. I hate it. I dont support everything Obama does. We need tax increases and spending cuts. Both are needed. We need to find a way to do both that wont hurt our growth. Obama has raised spending at the slowest rate of any president. What spending cuts should he make? Every spending cut he wants is shut down by the party of no the GOP. He gives them they deny them. The GOP wants to keep the tax rates for their rich buddies while they cut things for the elderly and poor. What failed investments are you talking a bout? and I am here for duscussion. You tell me I dont know what I am talking about and fail to show me why.

[odooley6985]

O and I guess the CBO and non partisan congressional studies are all liberal media.

[odooley6985]

I am still waiting for you to show me how jobs are created. You never did.

[scotty]

Originally Posted by odooley6985

I am still waiting for you to show me how jobs are created. You never did.

Well I gave you a real life example, dont know what else you want.

And please, don't patronize me with the "I don't support everything Obama does" . lol.

Your an Obama hack, plain and simple. You come here for no other reason than to preach your liberal agenda while acting like some kind of concerned citizen. We get people like you on this forum all the time. Some actually hang around a while, most don't.

Notice no one else has responded to this garbage? We are used to it. I'm just usually bored at work so I entertain you. If you had done a quick search you would see that what your posting has already been hashed out many times over. Gets old.

Tell you what, doesn't look like an agreement is going to be made on the hill so , when your boy Obammer gets all his tax hikes Jan 1, we can revisit this about ....oh.... April ? May ? See how its all working for us.

In the mean time we will have to simply agree to disagree because I'm not going to convince you and your sure not going to convince me.

But your more than welcome to join Seascapes, Light, and the rest of our socialist residents and continue to post away. lol.

[odooley6985]

Originally Posted by scotty

Well I gave you a real life example, dont know what else you want.

And please, don't patronize me with the "I don't support everything Obama does" . lol.

Your an Obama hack, plain and simple. You come here for no other reason than to preach your liberal agenda while acting like some kind of concerned citizen. We get people like you on this forum all the time. Some actually hang around a while, most don't.

Notice no one else has responded to this garbage? We are used to it. I'm just usually bored at work so I entertain you. If you had done a quick search you would see that what your posting has already been hashed out many times over. Gets old.

Tell you what, doesn't look like an agreement is going to be made on the hill so , when your boy Obammer gets all his tax hikes Jan 1, we can revisit this about ....oh.... April ? May ? See how its all working for us.

In the mean time we will have to simply agree to disagree because I'm not going to convince you and your sure not going to convince me.

But your more than welcome to join Seascapes, Light, and the rest of our socialist residents and continue to post away. lol.

O ya I am an Obama hack. Please dude. Again no examples. pathetic is what you are your line of thinking are. I give real life example and research and you give nothing. NOTHING!!!!!!!!! You tell me I dont know how jobs are created and yet proceed to not tell me how they are created even after I asked more than once. I support Obama's support for the middle class. You and your kind support the GOPs line of thinking that we should all by down the rich cause they throw us the crumbs from their table and gives us peons jobs. I doubt you even know what a socialist is. O well. Just prove what I already know as right.