Another round of stimulus checks???

[SilverGriz]

Stimulus checks...what a joke. I guess I did my part, bought some goodies for the new Chevy trying to stimulate the economy.

 

[redlineguy]

How quickly they forget.
Everyone laughed when Reagon started his trickle down economics plan.
They said "how can you cut taxes, give tax breaks to big buisness and still balance the budget, it's laughable". When it worked everyone was amazed.

This is how you do it.
By cutting taxes on big buisness, big buisness invests more into their company and pays their employees more. That is a proven fact. It has happened time and time again so for the love of god, spare me the liberal montra.

When you lower taxes, people have more money to spend and thus buy more stuff that creates more profits for companies that then expand and creates more jobs.

As for the reckless spending, you need to back up and look to the dems. They promised an end to ear marks and set asides only to more than double them.

Oh, and how does letting buisnesses grow larger and create more jobs hurt america citizens??

As for taxing the dog snot out of the rich, look at this............

Tax system explained


Bar stool economics

Suppose that every day, then men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes it would go something like this……………….

The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.

So, that is what they decided to do.

The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. “since you are all such good customers,” he said, “I’m going to reduce the cost of your daily beer by $20.”

Drinks for the men now cost just $80.

The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free.

But what about the other six men – the paying customers?
How could they divide the $20 windfall so that everyone would get his “fair share”?

They realized that $20 divided by six is $3.33. but if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink beer. So, the bar owner suggested that it would be fair to reduce each of the man’s bill by roughly the same amount. And he proceeded to work out the amounts each should pay.

And so:
The fifth man, like the first four, now paid nothing. (100 percent savings)
The sixth now paid $2 instead of $3. (33% savings)
The seventh now pay $5 instead of $7. (28% savings)
The eighth now paid $9 instead of $12. (25% savings)
The nineth now paid $14 instead of $18. (22% savings)
The tenth now paid $49 instead of $59. (16% savings)

Each of the six was better off than before. And the first four continued to drink for free. But once outside the restraurant , the men began to compare their savings.

“I only got a dollar out of the $20”, declared the sixth man. He pointed to the tenth man, “but he got $10!”
“yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar, too. It’s unfair that he got ten times more than I”.
“That’s true!!” Shouted the seventh man. “Why should he get $10 back when I only got 2? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four men in unison. “We didn’t get anything at all. The system exploits the poor!.

The nine men surrounded the tenth and beat him up.

The next night the tenth man didn’t show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half the bill!

And that, ladies and gentlemen is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.

For those that understand, no explanation is needed.
For those who do not understand, no explanation is possible.

They don't forget They just don't get it.



Great Post











.

 

[redlineguy]

Might want to spend a little more time on your argument and less time finding the correct number of times to hit enter to get the spacing you want. Just a thought.

Don't have time for the Argument ( getting tired of it ) and the spacing is easy and quick

















































See.....took less than a sec















.

 

[xrated]

The “Making Work Pay” tax credit will completely eliminate income taxes for 10 million Americans. The tax

so who's gonna pay the lost tax income when 10 million don't have to pay? Pretty sure my stupid ace is still gonna pay. What the hell is wrong with me, I work hard and live frugally so that my wife can stay home and raise our 2 kids...man am I dumb, and I bet I won't be one of those 10 million.

Good to Go, I get what your saying. Up until I hit maybe 10th grade things in our house were tight. When I was 5 or so, my dad made 500 a month to support a wife and 3 kids. Now in these "down times" my 3.5 year old has nicer things then I had when I was 12 and more options and chances.

 

[Ollie]

Fact is, even in our worst times currently, we are still the richest, most spoiled nation this earth has every seen. Quit your whining, get off your duff and work a little harder. No ones holding you back

Very good point.
If you think it's bad, go to Korea.

The other problem we have with the economy is simple.
We need a small melt down. We need to get things straight. In the 80's and 90's the economy went nuts. Heated up to the boiling point. Prices went threw the roof. Well, when the stock market crashed the prices of most goods didn't follow. Housing still went up (thanks to some seriously shaky deals and loans). People lived off their credit cards or just went broke.

Add to that the fact we have been ignoring a HUGE problem with illigal immigration.
We need to get the illigals out, get immigration under control and start throwing some of the people causing all the economic turmoil in jail.

You can't have a welfate state and an open border or you will find there is not enough money in the world to take care of everyone flooding in.

Another thing I will lay flat at the feet of parents.
Your kid does not NEED the best of the best. He doesn't need a new I-pod. He doesn't need 300 dollar shoes, he doesn't need the best computer out there. Parents need to teach their kids restraint.

 

[xrated]

Another thing I will lay flat at the feet of parents.
Your kid does not NEED the best of the best. He doesn't need a new I-pod. He doesn't need 300 dollar shoes, he doesn't need the best computer out there. Parents need to teach their kids restraint

What?? Now how am I supposed to tell my girl that she doesn't need her own Ipod? That's just crazy talk....

 

[ericbigbore]

Does anyone know how you can find out if your getting a check? I heard the cut off is $150000 adjusted groose income or is it taxible income?

 

[Snow Fox]

Good to Go, I get what your saying. Up until I hit maybe 10th grade things in our house were tight. When I was 5 or so, my dad made 500 a month to support a wife and 3 kids. Now in these "down times" my 3.5 year old has nicer things then I had when I was 12 and more options and chances.

That's a great point. When I was a kid, things were very tight. My parents made sure we had a nice home to live in, but they drove old vehicles and we didn't have much of anything else. I learned that the outdoors was my entertainment. I remember farmers and ranchers going out of business and all of the auctions to pay off their debt. Considering what is was like in the 70's, early 80's...we have it pretty easy now days. We as Americans are spoiled little brats. What are we going to do when it gets to the point of having to worry about putting food on the table, instead of deciding which new "toy" to buy. There is part of me that hopes for hard times. I believe that it would make this country stronger, as it will make Americans as a whole stronger. The weak will take care of themselves.

 

[nitromaniac]

Some very good explanantions and ideas going around by all. The biggest thing hurting the economy right now is the notion of exponential growth. The economy can not sustain continually growing growth, it has to stabilize at some point. Even months of 2% growth is still growth, just not what the politicians want.

 

[jsledder]

There are too many people out there that want the government to take care of them. National health care... food stamps, housing, the list goes on and on. It is coming to the point where, for a lot of folks, it is getting to be as profitable to quite your job and stay at home with the kids and live off the government. If one of the candidates will come out and say I WILL provide a National Health care plan and every US citizen will be covered, he will get the seat. (most people wont care what kind of care you get or how it's funded, just as long as it's FREE). The government needs to pull out of our lives and take care of the country, get rid of these stupid environmental groups (they are causing more harm then good and costing jobs as well). Do something about the immigration....

Each side has their big idea's and listening to people talk it really is interesting, "well he has a plan to get out of Iraq" (doesn't know what it is" but it was a headline), "he has a plan for national health care" (doesn't know what the plan consists of, who is going to pay for it, or what kind of veterinarian will be cutting you open). Lot's of people read the big bold letters and the media knows exactly what to put out there to get the people to stop on their channel or webpage, but to find the heart of any "plan" or get the whole story is tough. Listen to them talk at a town hall or something and all they do is tell you what they plan to do and not how they plan to do it, I know they can't lay it out in the 5,000 page spew it takes, but there are key points they are leaving out that would downplay the headline.

 

[duffman]

"Provide Middle Class Americans Tax Relief. Provide a Tax Cut for Working Families: Barack Obama will restore fairness to the tax code and provide
150 million workers the tax relief they deserve."


Restore fairness to the tax code....!!!!? This is literal insanity. We already have thousands of pages of tax code that have attempted to do just this. The tax code has not been fair since it was implemented. And what exactly is fair? Is it the same thing as hope and change?

Lets raise taxes on the wealthy and corporations, after all:

“Freedom” is a grand word, but under the banner of freedom for industry the most predatory wars were waged, under the banner of freedom of labour, the working people were robbed."






-V.I. Lenin, 1899