daz28 wrote:
Just wow. I'm glad you're passionate about politics, but it seems you're living in "the bubble". Let me explain:
The 'luxury' you speak of, the Buffalo Bills, brings in far more tax revenue than we ever put into it. If we don't pony up for them to stay, it will cost us far more in the end. If you were ignoring the Bills part of his post, I apologize.
I was ignoring the Bills part. I wouldn't blame anyone who lived in Buffalo for accepting a LOCAL tax increase to keep their professional team in town. That's different from Federal taxation like this proposed legislation for infrastructure.
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As for your 'smooth road' policy, this infrastructure work HAS TO BE DONE SOMETIME. It's not repaving good roads, as you'd like to imply, but it's fixing things in poor condition. As Obama said, it won't be paid for by raising taxes on the starving families(as you implied), but rather by repealing the tax breaks given by the Bush adm.
You're incorrect. The tax that's been proposed as you'll see in my in my first post is a tax on every car in America based on its milage. The government would put a device that transmits the milage data to the IRS so they know how much to tax you.
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The road workers will then take that money, and SPEND IT INTO OUR ECONOMY.
You think a laborer who takes on a job that'll last for 2 years is going to use his money for discretionary spending without knowing whether or not he's going to have a job after the project is over? Absolutely not. He's going to stash it away.
And who's money is he receiving from the government? His own. And then when he goes out and spends that money, he gets taxed on it, AGAIN. That's not a winning formula for American laborers.
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Something that WASN'T happening from the tax cuts for the rich. Would you prefer we continue to give them tax breaks so they can either stash the money away, or even better yet invest it overseas on cheap labor????? All economies begin with their infrastructure, so dismissing this as no way to better the economy is foolish.
You're wrong again there. Some of the greatest years for our economy came in the mid 2000's thanks to the Bush era tax cuts. Here's a real life example.
I work in the boating industry, at a dealer in sales. The 2000's were some of the best years in HISTORY for boat sales thanks to the Bush era tax cuts. My father's dealership was employing 45 people locally at that time. Full benefits, above minimum wage, even for prepping jobs. Additionally, thanks to all the local sales, we collected THOUSANDS of dollars in sales tax revenue for Warren county.
But this didn't just happen on our local level. This was nation wide. You know who else this benefitted? The 3,000+ people employed in Neodesha, Kansas building boats, and the truck drivers all across America delivering them to the dealerships.
That's your proof right there that lowering taxes spurs growth. And just so you know, the Bush era tax cuts weren't just for rich people. Those tax cuts lowered taxes for the poor and middle class as well.
The collapse in 2009 has nothing to do with these tax cuts, either. The primary culprit in that event was the collapse of the housing market, which again the liberals are to blame for forcing lending companies to offer subprime mortgages to people with poor credit. But that discussion is for another time.
The best way to fix things now is to lower taxes again and cut government spending so the stock market isn't so uneasy and the retirement portfolios of average Americans quit getting killed.
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You want lower taxes on corporations and individuals to spur growth?? Well, in a fantasy world, it works, but in the global economy we'd have to be the Dollar General, and give things away. Do you really think we can compete with China in manufacturing by lowering corporate tax rates???? Really?? So you want the government to subsidize business to the point of pennies on the hour for the average worker?? Why not just give the rich EVERYTHING, and we can all be slaves with jobs. The only solution is the FAIR solution. Everyone gets a fair wage, and pays a fair tax burden. 30 years ago this was considered the norm. Now, we have funneled all the money into the 1%, and they took that money, and their business elsewhere. Where was regulation(doesn't sound like such a bad word when used in this context) when we needed it. Ask the Republicans(and free trade backers). While your at it, ask them why they don't worry about extending the payroll credit for low income families, but INSIST on the extension of Bush era credits????? These people ruined our country, and now want to drain the lifeless corpse of any remaining blood. All so they can someday join the ranks of their contributors in corporate America. While it's sad, it's even sadder that WE LET THEM DO IT right under our noses by "living in the bubble".
We're not far off from having low enough tax rates to bring manufacturing jobs back to America. There are tons of foreign auto companies who have invested in American manufacturing in the past two years. Volkswagen just built a state of the art plant in Chattanooga and they are employing 2500 people and it's going to grow larger.
Why are rich Americans hanging onto their money now? It's because they see the government running this country into the ground. We're in constant war, we have a 1.5 TRILLION dollar deficit, and no one in congress is willing to cut anything. If we continue on this path, the US dollar is going to collapse, and the cost of living is going to drastically increase.