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OT taxes, spending, spending, taxes



 
 
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Old January 26th, 2009, 06:10 PM posted to rec.outdoors.fishing.fly
Larry L
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Posts: 994
Default OT taxes, spending, spending, taxes

A) I freely admit to knowing a bit less than nothing about economics


It seems to me that IF "getting money flowing" is a goal ... and everyone
seems to say that or something very similar ... and both reducing income and
increasing spending lead to "too bad kids, we ****ed up deficits" ... which
is my impression .... why would Republicans ( besides ideology and classic
campaign stump chanting ) think that only tax cuts can be effective to jump
start the economy?


If I go out and spend X dollars on something, ( taking care that it's
something worth the bucks in the long run, purchased for a fair price ) the
money IS flowing. If I let you keep money you used to give the
Government, you MIGHT spend it. One is a given, the other a gamble.

Now, clearly, tax cuts to some people are almost certain to quickly find
their way into the 'flow' and tax cuts to some businesses could ( assuming a
CEO or owner that gives a **** about people other than himself) be used to
keep people employed or, even, create new jobs. But there is a lot of
recent evidence that giving the rich more does NOT 'trickle down," or it's
one damn slow trickle, and that giving the CEO a big bonus FOR laying off
people is our business ( and I believe, cultural, norm ).

ASIDE: I used to have regular, but friendly, arguments with a very, very,
wealthy guy I know. His position was that rich people, by nature, did
good things for the whole economy with their money .... he honestly believed
they were somehow truly 'better humans,' I'm sure ... and created jobs and
such, whereas the poor people only spent their money.

One day on top of hill on ONE of his "it's mine for as far as you can see"
ranches, a ranch that existed solely as a tax break, I asked how many jobs
the millions and millions invested in the ranch had created ... answer, 4,
( all Hispanic of questionable legality ) I don't buy the more money for
rich people makes money start flowing thing END ASIDE


The word "trickle" in "trickle down" appears to defeat the things the
Republicans are saying about spending plans being "too slow" .... not to
even mention other social problems with the idea that as long as rich people
are doing OK the economy is doing OK

Anyway, those of you that understand all this, why would the Republicans (
besides ideology, and stumping ) insist that ONLY tax breaks really make
sense? especially tax cuts to the 'ain't hurtin' people on the top of the
heap?




 




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