fiscal cliff, whats wrong with it? - Page 2 - TigerDroppings.com

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constant cough
LSU Fan
Lafayette
Member since Jun 2007
35498 posts
 Online 

re: fiscal cliff, whats wrong with it?


quote:

I think most people are all for Clinton level tax.

IF

We have spending at the same level.


I won't hold my breath on that though.



This. And I'm even somebody who really doesn't want to compromise on taxes.






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Powerman
LSU Fan
Corpus Christi, TX
Member since Jan 2004
120346 posts

re: fiscal cliff, whats wrong with it?


quote:

You clearly understood nothing I said.


Yeah

Because it was such high level commentary. How could he?






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GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
17798 posts
 Online 

re: fiscal cliff, whats wrong with it?


How often does government simply increase taxes without already having the hopeful increased revenue earmarked for something that spends the new revenue? There's a reason this people never want to decrease spending first. They've already spent the potential increase in taxes they want.

They need to prove they even have the capacity to cut spending before we give them more money. And it will never happen. Never ever.






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CBLSU316
LSU Fan
Far Right of Left
Member since Jun 2008
8583 posts

re: fiscal cliff, whats wrong with it?


Why don't you go find an apple vs. android thread.





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Duke
USA Fan
Gonzales, La
Member since Jan 2008
18458 posts

re: fiscal cliff, whats wrong with it?


quote:

And the spending cuts?


Less revenue means you need more cuts to get that budget under control. This will go to slow things more and thus we have to cut more and raise taxes...

See where I'm going here?






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boxcar willie
LSU Fan
kenner
Member since Mar 2011
4296 posts

re: fiscal cliff, whats wrong with it?


quote:

How do you increase revenues in this new recession?


if cutting taxes led to an economic boom then the economy would be booming right now and would have been terrible during the Clinton years. Cutting taxes helps the economy the same way increasing spending does but can't be maintained.






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boxcar willie
LSU Fan
kenner
Member since Mar 2011
4296 posts

re: fiscal cliff, whats wrong with it?


quote:

How often does government simply increase taxes without already having the hopeful increased revenue earmarked for something that spends the new revenue?



the fiscal cliff takes care of that problem for you






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Powerman
LSU Fan
Corpus Christi, TX
Member since Jan 2004
120346 posts

re: fiscal cliff, whats wrong with it?


quote:

Why don't you go find an apple vs. android thread.



I might do that

Clearly I'm intimidated by your intellectual prowess here






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boxcar willie
LSU Fan
kenner
Member since Mar 2011
4296 posts

re: fiscal cliff, whats wrong with it?


quote:

Less revenue means you need more cuts to get that budget under control. This will go to slow things more and thus we have to cut more and raise taxes... See where I'm going here?


then lets just stop all this rediculous talk about balancing the budget.






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CBLSU316
LSU Fan
Far Right of Left
Member since Jun 2008
8583 posts

re: fiscal cliff, whats wrong with it?








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bmy
LSU Fan
Member since Oct 2007
22272 posts

re: fiscal cliff, whats wrong with it?


quote:


At some point taxes have to go up






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JohnnyKilroy
New Orleans Pelicans Fan
Member since Oct 2012
8361 posts
 Online 

re: fiscal cliff, whats wrong with it?


For the love of god. Why do people think that Clinton tax rates invented the Internet?





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GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
17798 posts
 Online 

re: fiscal cliff, whats wrong with it?


How so? Tax increases are proposed to pay for increased spending. Obama has no intention of increasing revenues to pay for what we already spend.

This theory of needing to increase taxes to help the deficit is so flawed, it's laughable.






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CBLSU316
LSU Fan
Far Right of Left
Member since Jun 2008
8583 posts

re: fiscal cliff, whats wrong with it?


quote:

For the love of god. Why do people think that Clinton tax rates invented the Internet?


Wait.......I bought al gore created the Internet.....by himself.






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Duke
USA Fan
Gonzales, La
Member since Jan 2008
18458 posts

re: fiscal cliff, whats wrong with it?


quote:

then lets just stop all this rediculous talk about balancing the budget.


Growth is the long term answer.

Our problem is we've been doing it wrong. Good economy? Let's spend more and cut taxes. Bad economy? Clearly we spend less and raise taxes. We've got ourselves in quite a pickle now.

Slashing spending and raising taxes still leaves us with more debt, thus not helping to fix our problem and adding to the suffering of people. Awesome!






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ljhog
Arkansas Fan
Lake Jackson, Tx.
Member since Apr 2009
9913 posts

re: fiscal cliff, whats wrong with it?


quote:

math 101 disagrees with you

but history concurs. we could raise taxes 20% across the board and the federal deficit would continue to grow. both parties subscribe to the Krugman philosophy that we can't go broke because we can print money.






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Zed
Alabama Fan
Member since Feb 2010
7913 posts

re: fiscal cliff, whats wrong with it?


quote:

fiscal cliff, whats wrong with it?
I don't have a problem with the measures that would be taken, but if they were to occur because the parties couldn't get a deal done it would affect the economy at a bad time.



This post was edited on 11/7 at 10:35 pm


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