Author Topic: Who's Crazier?...you make the call  (Read 1784 times)

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Plane

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Re: Who's Crazier?...you make the call
« Reply #15 on: April 26, 2011, 11:29:57 PM »

.......not all jobs created by the reduction in taxes would be created HERE.
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Why do you hate the unemployed in foreighn countrys?
There is an ideal tax rate, below which the government goes broke, and above which the economy is constrained. At present taxes are at all all-time LOW.

Revenues must go up and expenses must go down. Cutting taxes more at this point is not going to cause a recovery, it will merely cause the government to go broke.

This is not an all time low in taxation, our government ran pretty well for a century without any income tax at all. Taxes eat a big slug of my paycheck and I am not Uber wealthy at all , just productive enough that if I work more than a certain amount of OT the governments involved take almost half of the OT pay.

  I did the extra work , what extra did the government do to deserve that chunk of my money?

  Another thing , taxes based on a percentage are giveing the government a windfall profit as gasoline prices rise. Can't the government develop a little mercy and cut the rate a bit? Not even so much as wouold cause any decrease in revenue from the previous year, just take a load off of our backs as much as possible while the load is so rapidly becomeing a strain.

    It is a heavy government, the one upside of all this robbery is the increasing appeal of the TEA party.

Xavier_Onassis

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Re: Who's Crazier?...you make the call
« Reply #16 on: April 26, 2011, 11:39:51 PM »
Another thing , taxes based on a percentage are giveing the government a windfall profit as gasoline prices rise. Can't the government develop a little mercy and cut the rate a bit?

Gasoline taxes are not based on a percentage of the price of gasoline. Gasoline taxes are a per gallon tax, based on the amount of gasoline sold.

It is ridiculous to compare tax rates now with tax rates during the Garfield Administration, when there were no highways, no real army, no services of any kind for most citizens. Taxes are at a low for the last 30 years or so.

"Time flies like an arrow; fruit flies like a banana."

sirs

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Re: Who's Crazier?...you make the call
« Reply #17 on: April 26, 2011, 11:41:02 PM »
There is an ideal tax rate, below which the government goes broke, and above which the economy is constrained. At present taxes are at all all-time LOW.

Revenues must go up and expenses must go down. Cutting taxes more at this point is not going to cause a recovery, it will merely cause the government to go broke.


Quite the contrary, in fact
"The worst form of inequality is to try to make unequal things equal." -- Aristotle

Plane

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Re: Who's Crazier?...you make the call
« Reply #18 on: April 26, 2011, 11:47:04 PM »
Another thing , taxes based on a percentage are giveing the government a windfall profit as gasoline prices rise. Can't the government develop a little mercy and cut the rate a bit?

Gasoline taxes are not based on a percentage of the price of gasoline. Gasoline taxes are a per gallon tax, based on the amount of gasoline sold.

It is ridiculous to compare tax rates now with tax rates during the Garfield Administration, when there were no highways, no real army, no services of any kind for most citizens. Taxes are at a low for the last 30 years or so.

You are in two ways partly right.

http://www.georgiagasprices.com/tax_info.aspx

Gas taxes are partly cents per gallon and partly percent of price.
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At present taxes are at all all-time LOW.

The last 30 years is a part of all time.

Now it is not at all rediculous to compare how well the USA progressed before the era of high taxation with progress in the era of high taxes. That the very heavy government inpedes certain kinds of progress becomes quite evident thereby.