stimulus bill ????

[buckman]

Originally Posted by spence

Yes, the GOP magic "cure all" prescribed for any and all situations. Recession? Cut taxes...Growth? Cut taxes...Terrorism? Cut taxes...The clap? Cut taxes...

If tax breaks are always so good why don't we just eliminate taxes?

Also, doesn't the bill as is contain hundreds of billions in tax breaks? Shouldn't these work to stimulate the economy while the other spending keeps the ship right side up?

Again, I think there is wasteful spending in the bill, but a lot of line items, for instance spending to help communities not have to fire teachers and police, is probably needed, but the GOP is branding this as Liberal Pork.

-spence

What tax breaks mean is that the govornment takes less of OUR money. That means we can spend it how we want. Hire more people, remodel a room, buy a car. It's our money and if you can argue they need more of it and you feel better about them spending it, then nobody is stopping you from writing a check.

Claiming the loss fire fighters, policemen and teachers is the oldest liberal con in the book. I don't buy it. I'm from Ma. You can't drive through town without seeing fifteen cops working details. Get rid of all the mandated special education for every little problem and you will have plenty of teachers. Reform emergency personel sick pay policy and you will have plenty of firefighters. If you don't want to reform any thing here, then there are plenty of places you can cut. We don't need to increase funding over current levels.

IMO over 1/2 of this bill is money that we don't need to spend right now. We simple don't have it. It's not any more complicated then that. If you fund something now that you can't afford you have to get rid of it later. It's economics 101. WE DON"T HAVE THE $$$$.

[Nebe]

so buckman.. how does a tax break help a poor guy who cant find a job?

Its proven that an owner of a business isnt always going to take that tax break and create a job, he is usually going to pocket the profits while he can..

[buckman]

Originally Posted by Nebe

so buckman.. how does a tax break help a poor guy who cant find a job?

Its proven that an owner of a business isnt always going to take that tax break and create a job, he is usually going to pocket the profits while he can..

How did you start your business? Govornment handout? Maybe you talk the game but really don't pay the actual tax amount you should ( a little cash on the side never hurt)

It works like this. Maybe if you pay less on taxes you can afford to hire someone to clean your studio so you can do what you do best. Maybe that guy on the corner that has no job.

Bottom line. The rich guys money will get spent. I trust him more then Pelousi.

Once again if you want to pay more then by all means do.

[likwid]

Originally Posted by buckman

How did you start your business? Govornment handout? Maybe you talk the game but really don't pay the actual tax amount you should ( a little cash on the side never hurt)

Can we have full disclosure of your income and tax returns?

[EarnedStripes44]

Originally Posted by buckman

How did you start your business? Govornment handout? Maybe you talk the game but really don't pay the actual tax amount you should ( a little cash on the side never hurt).

I hope your not a Yankee fan. They are one biggest welfare recipients in NYC. That new stadium with its 70+ luxury boxes is built on government hand outs. And thats just the tip of the iceberg as far as corporate subsidies go. Most of the wealth G.W. Bush accumulated that did not come from his family came from leveraging tax payer money out municipal governments in the Dallas/Ft. Worth metroplex. Corporate welfare is real and the rules allow it. From Washington all the way down to local city halls.

[RIROCKHOUND]

Originally Posted by buckman

It works like this. Maybe if you pay less on taxes you can afford to hire someone to clean your studio so you can do what you do best. Maybe that guy on the corner that has no job.

Unfortunately, I think MOST people would take the tax break or what not, and put that money away 'just in case' instead of hiring new people, going out to eat, buying a car, whatever. which I hope will be a valuable lesson learned here; don't exceed your means. I know my wife and I banked the last check we got, and have no illusion of spending it, other than perhaps on a house or downpayment

However... if we CAN make health care cheaper, across the board, then you reduce the cost to the employers, which would probably be a bigger help to the economy, mean while creating jobs to fix the crumbling infrastructure around the country, keeps cops copping and teachers teaching...

Secondly, there has got to be a huge lag between when tax breaks go into effect and when there is a benefit to the economy and jobs. how long would it take for people the realize the tax breaks and turn it into a job or benefit for someone else.

obviously this is my opinion as well, and many have and continue to call it crap

[striperman36]

So how did Reagnanomics turn around the 80-82 financial crapola?

Not that it was anywhere near the magnitude of the 2007-201x D-event

[Crafty Angler]

They're giving aspirin to a cancer patient with the stimulus - it will offer some minor temporary relief but will do little for the root causes of the problem. They're only trying to cure the symptoms for now

They need to let the corporate bailouts come to a screaching halt - lack of acumen and avarice needs to be rewarded with bankruptcy, not TARP and assorted other giveaway funds as a form of welfare to the wealthy.

It will be ugly and unpleasant for all of us but if you want to set it right, I'm afraid you're going to have to take the pain and rebuild with what's left after the smoke clears.

This crew makes the Robber Barons of the late 19th Century look like a group of self-sacrificing philanthropists. And the entire country is about to pay the price.

The saddest part is that it was a broad daylight robbery - and no one stood up on their hind legs to stop it...

[striperman36]

Originally Posted by Crafty Angler

They're giving aspirin to a cancer patient with the stimulus - it will offer some minor temporary relief but will do little for the root causes of the problem. They're only trying to cure the symptoms for now

They need to let the corporate bailouts come to a screaching halt - lack of acumen and avarice needs to be rewarded with bankruptcy, not TARP and assorted other giveaway funds as a form of welfare to the wealthy.

It will be ugly and unpleasant for all of us but if you want to set it right, I'm afraid you're going to have to take the pain and rebuild with what's left after the smoke clears.

This crew makes the Robber Barons of the late 19th Century look like a group of self-sacrificing philanthropists. And the entire country is about to pay the price.

The saddest part is that it was a broad daylight robbery - and no one stood up on their hind legs to stop it...

Somewhat like the Savings and Loan crash but on a much larger, global scale.