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I'm so sick of hearing Republican "plans".

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JohnnyRingo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 03:24 PM
Original message
I'm so sick of hearing Republican "plans".
If the economy's lagging, we need a tax cut. If the economy's booming, "it's your money, not the government's".

I just watched Orrin Hatch explain how employers won't hire because their taxes are too high. He described a fantasy world where supply creates demand and opined that if taxes were lower, employers would begin hiring to meet the demand for their products. In Hatch's Republiworld, there must now be long waiting lists for consumers to purchase the products unavailable, due to high unemployment. Hatch figures if only business taxes were lower, they could add a second shift to meet his imaginary demand.

What kind of company in this Bizarro Republican World, that revolves around a Reaganesque sun, would CEOs complain that orders are backed up, and but they can't add enough workers because "they'd have to pay taxes on the increased profits"? Unfortunately, interviewers always "run out of time" before they can ask. I guess the bottom line of the theory is that companies will hire because of lowered taxes, then those collective workers would have money to buy the products they make.

Republicans always speak of mega-corporations as if they're the working class when they mention their plan to cut tax rates. I distinctly remember Bush's plea for his second (or third) cut when he looked into the camera and said "My plan will cut taxes for those who deserve it the most". Of course every Barstool Republican who watched that speech on Fox News pumped his fist and shouted at the TV: "Hey! He's talking about me!!".

I wonder if that Barstool Republican computed the 10% cut he dreamed of (on the $3,000 he pays yearly), and said "Wow honey! we'll be farting through silk now!". "We can finally buy that camper, so we won't have to sleep in a tent next year at Talladega."?
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 03:26 PM
Response to Original message
1. look where we are after eight years of tax cuts.....'nuff said
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cark Donating Member (179 posts) Send PM | Profile | Ignore Thu Dec-03-09 03:33 PM
Response to Reply #1
3. How do tax cuts hurt our economy?
If tax cuts are so bad then why did Obama promise to cut taxes during his campaign?
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 03:34 PM
Response to Reply #3
4. eight years of tax cuts. you tell me.
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cark Donating Member (179 posts) Send PM | Profile | Ignore Thu Dec-03-09 03:40 PM
Response to Reply #4
6. You made the claim so you tell me.
You made the assertion that tax cuts hurt our economy. How do they do that?
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JohnnyRingo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 03:48 PM
Response to Reply #3
8. Cutting taxes for hourly workers puts more money into the economy
Since working class people spend 90% of their income, a tax cut would be spent the week it's received. Corporate tax cuts go to bonuses and shareholders (usually hedges and mutuals). Obama promised to give cuts to the former, Bush pretended to then threw the money at the top rate, and watched as they horded it, creating no jobs at all (That's history, not opinion).

Supply does not create demand, so corporate tax cuts do not create jobs. No one lays off employees to put themselves in a lower tax bracket, though that's the Republican theory.
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FiveGoodMen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 04:36 PM
Response to Reply #3
9. Why did raising taxes work so well for Clinton?
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cark Donating Member (179 posts) Send PM | Profile | Ignore Thu Dec-03-09 04:52 PM
Response to Reply #9
10. Anecdotal at best
Why did the economy suck under Jimmy Carter and his 70% top tax rate? Our economy is way to complex and does not revolve around the president. Reasonable tax policy and regulations can only influence it to a limited degree.

Our government takes enough money, they just need to do a better job of allocating it.
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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 03:32 PM
Response to Original message
2. Newt held a town hall in Mississippi to day on jobs. Guess what
his solution Is::Tax cuts and can you believe it--Deregulation.

The very things that took to the brink. How they do this with
a straight face, I will never understand.
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HopeHoops Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 03:35 PM
Response to Original message
5. Republicans have plans? Where? When?
:shrug:

"NO" is NOT a plan!

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izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 03:43 PM
Response to Original message
7. Call their bluff
One year tax holiday. No sales tax, no property tax, no withholding tax, no gasoline tax, no income tax, no estate tax, no taxes at all. Give the IRS workers a 12 month vacation, and since we won't have any money to pay for it, furlough every single soldier, marine, airman, and sailor. Dock the fleet, ground the planes, park the tanks and hummers and padlock every single military base. Put every purchase order from a military contractor on 12 month hold, and freeze any payments to KBR, Halliburton, Lockheed Martin, General Dynamics, and every other defense contractor. Weld the doors of the Pentagon shut.

I don't know about you, but I think I can hold out longer than Mr. Barstool Republican.

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GoCubsGo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-03-09 05:03 PM
Response to Original message
11. I'm sick of the republicans PERIOD.
Why people keep buying fairy tales they purvey is beyond me. It's the same results EVERY TIME they're allowed to run things. Yet, here we are again. Same shit, different asshole.
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