fiscal cliff, whats wrong with it? | TigerDroppings.com

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boxcar willie
LSU Fan
kenner
Member since Mar 2011
4309 posts

fiscal cliff, whats wrong with it?


lets the Bush era tax cuts expire, broadens the tax base, and cuts spending across the board. Brings us closer to balancing the budget. Of course it is going to renew the recession, as balancing the budget will do, but it does what needs to be done. Whats wrong with that? We can't just keep putting off balancing the budget.






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Fat Bastard
New Orleans Saints Fan
Paradise
Member since Mar 2009
15657 posts

re: fiscal cliff, whats wrong with it?


yeah we have an economy on steroids like with clinton. no way raising taxes will hurt anybody right?

i guess you failed to research the reagan and kennedy tax cuts right???






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Powerman
LSU Fan
Corpus Christi, TX
Member since Jan 2004
120427 posts

re: fiscal cliff, whats wrong with it?


At some point taxes have to go up





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GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
18193 posts

re: fiscal cliff, whats wrong with it?


You think increasing taxes will have any substantial positive impact on the deficit and debt?

Also, what budget are you talking about?



This post was edited on 11/7 at 9:51 pm


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CBLSU316
LSU Fan
Far Right of Left
Member since Jun 2008
8703 posts

re: fiscal cliff, whats wrong with it?


Spending increases the deficit........not tax cuts or increases!!!!!





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tylercsbn9
LSU Fan
Tomball, TX
Member since Feb 2004
54741 posts

re: fiscal cliff, whats wrong with it?


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.






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boxcar willie
LSU Fan
kenner
Member since Mar 2011
4309 posts

re: fiscal cliff, whats wrong with it?


quote:

At some point taxes have to go up


we definitely need to broaden the tax base at the lower end, but everyone is going to have to make some sacrifices, not just the lower end of the economic spectrum.






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boxcar willie
LSU Fan
kenner
Member since Mar 2011
4309 posts

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.


that's pretty much what the fiscal cliff does






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boxcar willie
LSU Fan
kenner
Member since Mar 2011
4309 posts

re: fiscal cliff, whats wrong with it?


quote:

Spending increases the deficit........not tax cuts or increases!!!!!


math 101 disagrees with you






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constant cough
LSU Fan
Lafayette
Member since Jun 2007
36273 posts

re: fiscal cliff, whats wrong with it?


quote:

broadens the tax base



Are you talking about reducing the 47%? Yeah right, that's not gonna happen.






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CBLSU316
LSU Fan
Far Right of Left
Member since Jun 2008
8703 posts

re: fiscal cliff, whats wrong with it?


quote:

math 101 disagrees with you


Explain then genius.






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GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
18193 posts

re: fiscal cliff, whats wrong with it?


If the debt is a safe you are trying to break into, spending cuts is a stick of dynamite and tax increases is a black jack fire cracker.





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CBLSU316
LSU Fan
Far Right of Left
Member since Jun 2008
8703 posts

re: fiscal cliff, whats wrong with it?


So GRTiger agrees with me?


This post was edited on 11/7 at 10:01 pm


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Duke
USA Fan
Gonzales, La
Member since Jan 2008
18724 posts

re: fiscal cliff, whats wrong with it?


quote:

Of course it is going to renew the recession


Which lowers your tax revenue even with the tax increases. Great plan.






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boxcar willie
LSU Fan
kenner
Member since Mar 2011
4309 posts

re: fiscal cliff, whats wrong with it?


quote:

Explain then genius.


increasing revenues while decreasing expenditures are the path to a balanced budget






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CBLSU316
LSU Fan
Far Right of Left
Member since Jun 2008
8703 posts

re: fiscal cliff, whats wrong with it?


You clearly understood nothing I said.





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Patrick_Bateman
USA Fan
Member since Jan 2012
8339 posts

re: fiscal cliff, whats wrong with it?


I agree. I have no problem going over the fiscal cliff. I'd rather go over it now than to continue to kick the can down the road indefinitely. Something has to be done now.





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Patrick_Bateman
USA Fan
Member since Jan 2012
8339 posts

re: fiscal cliff, whats wrong with it?


quote:

Which lowers your tax revenue even with the tax increases. Great plan.

And the spending cuts?






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boxcar willie
LSU Fan
kenner
Member since Mar 2011
4309 posts

re: fiscal cliff, whats wrong with it?


quote:

Which lowers your tax revenue even with the tax increases. Great plan.


of course it is going to lead to a recession. Balancing the budget will lead to a recession. But better to have a contolled recession than the economic freefall that will occur if we continue down this path.






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JohnnyKilroy
New Orleans Pelicans Fan
Member since Oct 2012
8375 posts

re: fiscal cliff, whats wrong with it?


How do you increase revenues in this new recession?





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