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Originally Posted by TheGame
"We watched Bush do tax cut after tax cut after tax cut, and we see how perfectly it worked."
That should be answer enough. But, ask yourself this. If the country is in huge debt to the fed and to other countries, where is money supposed to be generated to pay off this debt? Give me an example of how a tax cut will make the government more money, and I'll gladly disarm it.
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Easy. It's been shown and admitted by Charles Gibson in the Obama interview that cutting capital gains increases revenue from capital gains taxes. Glad that argument is done with...
And if the country is in such debt, like you said, how is borrowing $1,000,000,000,000.00 for the "stimulus plan" going to fix that?
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The republican tax cut strategy is 100% political, and in my opinion makes no sense whatsoever. They keep pushing for tax cuts over and over, even when it makes no sense.. And when their opposition gets into office they're stuck with the tough decision of raising taxes to help the situation.
Tax cuts do not help the economy, they help republicans win elections. But thanks to Bush, a lot more people see things for what they are. Hopefully Obama will take the responceable stance in the long run, and be smart enough to make people understand the truth of the sitation.
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So in your argument then Obama would be the biggest Republican ever. His plans are to eliminate federal taxes for over 50% of citizens, AND send many of them tax rebate checks. Talk about a vote grab... evil republican Obama...
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I actually like that the stimulus now is more of a long term thing, and not one of those bush spending bills that's treat everything like an emergency. "Zomg I need 1 trillion to give to my buddies before I leave office!" That helped...
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Thats fine that you like it, but its not a stimulus plan and thaty makes it a dishonest argument for this bill.