goofyjumper 0 #1 February 7, 2006 God, we had a surplus when Clinton left office too. Kiss that goodbye! http://news.yahoo.com/s/nm/20060207/pl_nm/bush_budget_revenues_dc----------------- I love and Miss you so much Honey! Orfun #3 ~ Darla Quote Share this post Link to post Share on other sites
rushmc 23 #2 February 7, 2006 With or without the war that (percieved) surplus was going away because the economy was in the crapper until the tax cutts started to kick in about 4 years later."America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
goofyjumper 0 #3 February 7, 2006 QuoteWith or without the war that (percieved) surplus was going away because the economy was in the crapper until the tax cutts started to kick in about 4 years later. How was the economy in the crapper? It was so bad that when Bush came into Office he gave everyone $300-500 each.----------------- I love and Miss you so much Honey! Orfun #3 ~ Darla Quote Share this post Link to post Share on other sites
rushmc 23 #4 February 7, 2006 That was the beginning of the turn around. You got to spend some to make some. Every time taxes have been cut, after the intital loss to the treasurey, government income has increased. It happened when Kennedy did it, when Regan did it and it is happening now after Bush did it. However, increases in spending and more that offset the benifit."America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
goofyjumper 0 #5 February 7, 2006 QuoteThat was the beginning of the turn around. You got to spend some to make some. Every time taxes have been cut, after the intital loss to the treasurey, government income has increased. It happened when Kennedy did it, when Regan did it and it is happening now after Bush did it. However, increases in spending and more that offset the benifit. Bush has been in office for 6 years now and we have more than trippled our deficit.....have not seen a increase in our economy once.----------------- I love and Miss you so much Honey! Orfun #3 ~ Darla Quote Share this post Link to post Share on other sites
Channman 2 #6 February 7, 2006 I think everyone should be pro choice in this matter. The goofyguy can choose to give more to Uncle Sam, and I choose to give less. (Pro Choice) got to love it. I'm still trying to figure out how I can write off the 20K I've paid in taxes as a bad investment. Do you file that under schedule C? Quote Share this post Link to post Share on other sites
goofyjumper 0 #7 February 7, 2006 QuoteI think everyone should be pro choice in this matter. The goofyguy can choose to give more to Uncle Sam, and I choose to give less. (Pro Choice) got to love it. I'm still trying to figure out how I can write off the 20K I've paid in taxes as a bad investment. Do you file that under schedule C? ya, you are right you don't need to give any money to Uncle Sam.....but your kids sure will, and it will be alot. But that ok, you think about yourself, no need to worry about the future! And I am not a GUY!----------------- I love and Miss you so much Honey! Orfun #3 ~ Darla Quote Share this post Link to post Share on other sites
jdfreefly 1 #8 February 7, 2006 The economy had been trending down for a while, which was a resul mostly of the .com bust. It may not have been "in the crapper" but it was certainly walking towards the outhouse. Then, 9/11 happened, and completely removed any momentum that was left in the economy. I don't really blame the .com bust or 9/11 on Bush or Clinton. But they were the two major factors that put us where we were in 2003 and 2004, soaring unemployment and a sagging economy. At this point, I think most economists would agree that we are just about recovered, economically, from 9/11. Now, was it because of the tax cuts, or the adjustments made by the FED or was it because the economy just healed itself? No one really knows. Methane Freefly - got stink? Quote Share this post Link to post Share on other sites
justinb138 0 #9 February 7, 2006 The tax cuts aren't the problem. It's the government spending a bazillion dollars on useless shit that's going to be the problem. The tax cuts just aren't helping anything. Quote Share this post Link to post Share on other sites
lawrocket 3 #10 February 7, 2006 QuoteIt was so bad that when Bush came into Office he gave everyone $300-500 each. It seems that in everything but a tax cut, it is called "Government giving." For everything else it's called, "government spending," "subsidies," "pork," or "entitlement." Compare the 300-500 dollars for everyone to a few hundred billion to others who are means tested. Note,as well, that the budget can be balanced. If you can circumcize a guy, you can take 20 percent off of ANYTHING. Why not just do a 20 percent budgetary slash for EVERYTHING? My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
rushmc 23 #11 February 7, 2006 the ecomomy is booming. so much so the media has had to report it! The deficit has come from out of control spending, the war and many natural disasters."America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
rushmc 23 #12 February 7, 2006 QuoteThe tax cuts aren't the problem. It's the government spending a bazillion dollars on useless shit that's going to be the problem. The tax cuts just aren't helping anything. We have a winner!"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
lawrocket 3 #13 February 7, 2006 Oh, yes. One more thing: CONGRESS is responsible for budgets. The POTUS proposes one that can either be accepted or declined, or changed (which usually happens). Congress controls the purse strings. Is it coincidental that a budget was balanced when we had competing parties in Congress and the Executive? I doubt it. We also had a great bubble economy based on excitement. I'm so glad I didn't buy into it. Now we don't have trillions of dollars in imaginary money in the tech boom. It's easy to get money from that stuff. Now, money is scarcer. I actually think that the Laffer curvemakes sense. Tax someone at zero percent, you won't have any tax revenue. Tax at 100 percent and you won't have any tax revenue. Somewhere you maximize your tax revenue, as Reagan and Congress did with the 1986 Tax Reform Act. Sure, it was spent into oblivion, but the idea worked. Wtih a tax cut, I could probably do more with the money to generate it. It's like priming a pump. You need water in the pump before it can deliver water. Tax cuts are an investment. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
Channman 2 #14 February 7, 2006 My mistake on the guy thing. Is it Miss or Mrs.? Moving on. I'm prepairing my 3 girls to rely upon themselfs and not upon the State, to take pride in their own work, instead of sitting idle to envy the luck of others, to face life with resolute courage, win victory if they can and accept defeat if they must. But they should never place on their fellow brethern a responsibility which is not theirs. The US Constitution does not entitle them to free hand outs, Medical Cares or the right to snuff out the lives of the Old or unborn (Thread Hijack) and a life time pay check they themselves have not provided for. .... but the freedom to pursue happiness, and the opertunity to live as free men /women. Tax cuts have always produced revenues to the treasury and the treasury has never produced an income other than that which it has taken from a free people. Wing the people off Social Security and Medicare and set up manditory savings accounts that are owned by each individual and over the next 50 years people will be much better off. The average US citizen is saving -.50 -.70 percent, that is a choice that is leading millions to poverty. Quote Share this post Link to post Share on other sites
goofyjumper 0 #15 February 7, 2006 QuoteThe tax cuts aren't the problem. It's the government spending a bazillion dollars on useless shit that's going to be the problem. The tax cuts just aren't helping anything. Your right, the goverment spending is out of control. The tax cuts aren'e helping either. I am not saying raise taxes. We need to look at what we are spending the money on.----------------- I love and Miss you so much Honey! Orfun #3 ~ Darla Quote Share this post Link to post Share on other sites
kallend 2,150 #16 February 7, 2006 QuoteWith or without the war that (percieved) surplus was going away because the economy was in the crapper until the tax cutts started to kick in about 4 years later. Yawn! The theory is wrong and the data shows it. Didn't work for Reagan, not working for Bush, both presidents drove deficits to record levels.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #17 February 7, 2006 QuoteQuoteWith or without the war that (percieved) surplus was going away because the economy was in the crapper until the tax cutts started to kick in about 4 years later. Yawn! The theory is wrong and the data shows it. Didn't work for Reagan, not working for Bush, both presidents drove deficits to record levels. You can pull your out of context data all you want but the fact remains the money coming into the coffers has increased following tax cuts every time."America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
kallend 2,150 #18 February 7, 2006 Quotethe ecomomy is booming. so much so the media has had to report it! The deficit has come from out of control spending, the war and many natural disasters. I could make my household budget boom if I borrowed like the Federal Government has been doing the last 5 years. We are in debt up to our eyebrows. Bush declared war, and he has a hot line to God so we can blame him for the disasters too... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
kallend 2,150 #19 February 7, 2006 QuoteQuoteQuoteWith or without the war that (percieved) surplus was going away because the economy was in the crapper until the tax cutts started to kick in about 4 years later. Yawn! The theory is wrong and the data shows it. Didn't work for Reagan, not working for Bush, both presidents drove deficits to record levels. You can pull your out of context data all you want but the fact remains the money coming into the coffers has increased following tax cuts every time. How are data from the CBO and the US Treasury "out of context"?... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
GTAVercetti 0 #20 February 7, 2006 Quote You can pull your out of context data all you want but the fact remains the money coming into the coffers has increased following tax cuts every time. Where can I find this data? I am serious. Not making fun. I want to see it for myself.Why yes, my license number is a palindrome. Thank you for noticing. Quote Share this post Link to post Share on other sites
rushmc 23 #21 February 7, 2006 Your refer only to the deficit. I agree that the deficit has increased during tax cut times but, that does not change the fact that more money was/is coming in! If you increase your spending more than the income increases what happens? The negitive gets bigger. You and I do not disagree that spending is out of control (I don't think) But that does not change the fact the money coming into the government, after tax cuts, grew. This is not a hard concept....... Hell, the so called Clinton surpluses for the most part were because of a robust economy (that he inherited). That "surplus" was going away regardless of who got elected because the ecomomy was beginning to down turn in part because of the Clinton tax increases."America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
rushmc 23 #22 February 7, 2006 QuoteQuotethe ecomomy is booming. so much so the media has had to report it! The deficit has come from out of control spending, the war and many natural disasters. I could make my household budget boom if I borrowed like the Federal Government has been doing the last 5 years. We are in debt up to our eyebrows. Bush declared war, and he has a hot line to God so we can blame him for the disasters too Nice"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
goofyjumper 0 #23 February 7, 2006 Quotethe ecomomy is booming. so much so the media has had to report it! The deficit has come from out of control spending, the war and many natural disasters. What kind of news are you watching Fox news?----------------- I love and Miss you so much Honey! Orfun #3 ~ Darla Quote Share this post Link to post Share on other sites
kallend 2,150 #24 February 7, 2006 QuoteQuote You can pull your out of context data all you want but the fact remains the money coming into the coffers has increased following tax cuts every time. Where can I find this data? I am serious. Not making fun. I want to see it for myself. Got these from the CBO site a couple of years ago. revenues decline after the tax cuts. www.dropzone.com/cgi-bin/forum/gforum.cgi?post=2062432#2062432... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #25 February 7, 2006 At first yes. You think reaction to the cuts is immedeate?"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
