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That is true, to some extent. Some rich never had businesses, and will react to overtaxing by NOT eating at a five star french restaurant and NOT traveling the world every week. That won't hurt the economy. There ought to be some system where if you start a businesses, there are tax deductions, or benefits of some sort, so that the wealthy invest and start businesses instead of claiming wealth to themselves. The Bush tax cuts, and supply side economics in general, is not meant to make the rich richer, but that is almost inevitable. That in principle is what pisses a lot of people off. Supply side economics is meant to help businesses and create jobs. All of this is very hard for most liberals to admit. But liberals need to acknowledge this, as conservatives need to acknowledge categories in which liberals are clearly right, or at least have ideas.
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy...the search for a superior moral justification for selfishness. ~John Kenneth Galbraith Some men change their party for the sake of their principles; others their principles for the sake of their party. ~Winston Churchill The Christian Right is neither |
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It's actually $500 billion in tax cuts and and spending. Obama's tax hikes are actually a transfer of wealth that will reduce federal tax revenues. Basically a lot of people will barely pay any taxes at all, the wealth creating class will get hit. Think I have seen higher numbers floating around. Quote:
http://www.nationmaster.com/graph/ed...school-student Can you tell me with a straight face that drilling does nothing? Does that even sound half way correct to you? Also T-Boone Pickens just wants to get the contract to develop wind energy and natural gas. In short, he will make a lot of money with the T-Boone Pickens plan. We do need more natural gas and wind, but we need to drill and develop nuclear as well. Last edited by jhffmn; 09-08-2008 at 07:37 PM. |
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Drilling does nothing. Drilling does nothing. Drilling does nothing. It will lower the cost of gas by maybe a cent, maybe a few in ten years.
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy...the search for a superior moral justification for selfishness. ~John Kenneth Galbraith Some men change their party for the sake of their principles; others their principles for the sake of their party. ~Winston Churchill The Christian Right is neither |
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And why not gamble? If you win you get a big capital gains tax break. If you lose you get bailed out by Uncle Sam who puts it on the Bank of China Mastercard that our kids get to pay off. |
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It's a bit more complex than you are making it out to be. But whatever, it's stuff like this Obama feeds off of. Vote for me, things are bad and I am different!! Different How? Who cares, everything is Bush's fault and everyone else is Bush. Vote for Obama, he will make all the problems of the world go away with his golden tongue. |
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Do you think taxes eliminate greed? Yeah, I took econ 101, 104, 107A and B and my wife has an Econ degree....gimme a break with that weak ass fallacy
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"For time and the world do not stand still. Change is the law of life. And those who look only to the past or present are certain to miss the future." "Conformity is the jailer of freedom and the enemy of growth" "Too often we... enjoy the comfort of opinion without the discomfort of thought." -JFK Knight Errant of the Simian Order Truth - Justice - Comedy Last edited by Quixote's Revenge; 09-10-2008 at 04:58 PM. |
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