|
|
Post by sdtosf on Dec 4, 2010 10:55:27 GMT -8
Thanks to the republican party who just turned down a COMPROMISE from the dems to increase the min. dollar amount from the Bush tax cuts from $250K to $1MM.
If you make more then $1MM no need to worry here.
Tax cuts to millionaires does not create jobs but it does create future fund raising dollars & more jobs for the republican party members in congress. Looks like that is the only job creation they are looking for. Looking out for themselves and fellow millionaires.
Hope you people are happy now that you voted republican. Look for less money in your pay checks in 2011.
And, also if you cannot fined work due to this horrible economy and have lost your unemployment funds remember your lost funds are going towards giving millionaires a tax break!
|
|
|
|
Post by sdtosf on Dec 4, 2010 10:57:22 GMT -8
|
|
|
|
Post by aztecwin on Dec 4, 2010 11:34:16 GMT -8
Thanks to the republican party who just turned down a COMPROMISE from the dems to increase the min. dollar amount from the Bush tax cuts from $250K to $1MM. If you make more then $1MM no need to worry here. Tax cuts to millionaires does not create jobs but it does create future fund raising dollars & more jobs for the republican party members in congress. Looks like that is the only job creation they are looking for. Looking out for themselves and fellow millionaires. Hope you people are happy now that you voted republican. Look for less money in your pay checks in 2011. And, also if you cannot fined work due to this horrible economy and have lost your unemployment funds remember your lost funds are going towards giving millionaires a tax break! I would have accepted that deal had it included language to exempt all small businesses and all family owned farms. At any rate, no need to worry since it will either get done in its entirety now in the lame duck or after the Repubs take over in Jan. The Democrat leadership is just posturing. |
|
|
|
Post by aztec70 on Dec 4, 2010 16:42:58 GMT -8
Can someone provide evidence that is only the top bracket that creates jobs. I question that.
|
|
|
|
Post by Bob Forsythe on Dec 4, 2010 17:37:18 GMT -8
Can someone provide evidence that is only the top bracket that creates jobs. I question that. The problem is the definition of "small businesses" which, I believe at this point includes any business with less than 500 employees and includes a ton of "small" subsidiaries of very large corporations. It's basically a myth, very much akin to the myth that there are a ton of "family farms" still out there that deserve ag subsidies. =Bob |
|
|
|
Post by The Aztec Panther on Dec 5, 2010 7:55:57 GMT -8
Can someone provide evidence that is only the top bracket that creates jobs. I question that. The people in the top bracket have the most money to spend, save, and invest. If they do any of those three things it stimulates the economy. If you take that money away in taxes they can't do any of those things. We've seen tax cuts create larger tax revenues under Kennedy, Reagan, and Bush. Tax cuts create long term economic growth. |
|
|
|
Post by aztecwin on Dec 5, 2010 8:36:22 GMT -8
Can someone provide evidence that is only the top bracket that creates jobs. I question that. No one says "only" that I can remember. |
|
|
|
Post by aztec70 on Dec 5, 2010 11:05:43 GMT -8
Can someone provide evidence that is only the top bracket that creates jobs. I question that. I am hoping that someone will give a link to studies and data, not just opinions. I know this is an opinion board, so I am probably asking for too much.  |
|
