Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Thursday, June 20, 2013

Norquist and tax pledge---what is his real goal??


Grover Norquist Tax Pledge and Government Revenue

Grover Norquist wrote his Taxpayer pledge in order to cut government size in half---but when he argues for cutting tax rates and broadening the base, he argues that it would bring in MORE money for government!!!!! Why would he propose something where the goal is to cut government in half but argues that its goal is to GIVE GOVERNMENT MORE MONEY!!!!!!  Unless of course he is lying and he knows it.





FROM WIKIPEDIA

The primary policy goal of Americans for Tax Reform is to reduce government revenues as a percentage of the GDP.[18][19] ATR states that it "opposes all tax increases as a matter of principle."[20] Americans for Tax Reform has supported Taxpayer Bill of Rights (TABOR) legislation[21] and transparency initiatives,[22] while opposing cap-and-trade legislation[23]and efforts to regulate health care.[24]

On a side note---THANKS!!!
In 2010, Norquist, whose wife is a Muslim and who was born in Kuwait to Palestinian parents, emerged as an outspoken Republican foe of politicizing the mosque-in-Manhattan issue, calling it a "distraction".[36]

Huh interesting----THANKS!!!
He has also "announced his plan to assemble a center-right coalition to discuss pulling out of Afghanistan to save hundreds of billions of dollars."[37]

Norquist favors dramatically reducing the size of the government.[12] He has been noted for his widely quoted quip: "I'm not in favor of abolishing the government. I just want to shrink it down to the size where we can drown it in the bathtub."[50] Journalist William Greider quotes him saying his goal is to bring America back to what it was "up until Teddy Roosevelt, when the socialists took over. The income tax, the death tax, regulation, all that."[51] When asked by journalist Steven Kroft about the goal of chopping government "in half and then shrink it again to where we were at the turn of the [20th] century" before Social Security and Medicare, Norquist replied, "We functioned in this country with government at eight percent of GDP for a long time and quite well."[4]

Some smaller government advocates argue that Norquist's "obsession with tax revenue" is actually counterproductive with respect to minimizing the size of government, however.[52]Although the Americans for Tax Reform mission statement is "The government's power to control one's life derives from its power to tax. We believe that power should be minimized",[53] critics at the Cato Institute have argued that "holding the line on taxes constrains only one of the four tools (taxes, tax deductions, spending without taxation, and regulation) used by government to alter economic outcomes."[52] Norquist's perceived failure to call as enthusiastically for corresponding and equally drastic spending cuts has led to criticism from many moderates that he is simply arguing for a false prosperity that is the result of deficit spending created by tax cuts that are not matched by corresponding spending cuts, and that he and other far right conservatives want future generations to pay for present prosperity with their financial futures.





Friday, February 1, 2013

GOP on the economy

How to fight GOP on the economy with their own words

ask them if we can tax the rich into a good economy----->> answer is no, because there are too few rich people

ask them if they agree the economy is based on consumer spending and confidence------>>answer is yes

ask them about supply and demand--businesses arent hiring because of many reasons but one they cite is low demand

ask them if there are more people in the middle class then the rich---->>answer is yes

ask them if debt is bad------>>answer is yes

(debt is bad because cant spend more then you make--so why are they against minimum wage??)

then ask them what they think about a strong middle class spending their income and growing the economy--->>then ask why they dont believe the questions above

Sunday, January 20, 2013

Taxes

a general compilation of our current tax system

America is a LOW TAX country -----from Business Insider  
                 
www.businessinsider.com/america-taxes-charts-2013-1






Are the rich taxed enough?? A debate---- 

Tax increases and Bull (good) stock markets 

if you want to remember that bulls are good and bears are bad---remember that Wall ST has a BULL statue 

a report on corporate tax dodgers  

Companies are holding almost 2 trillion dollars off shore 


taxes collected by President--Obama has the SAME RATES AS BUSH but less taxes collected because of the recession and job losses









Under Bush Tax Cuts---rich paid less while middle class paid more in taxes






this is the ""47%"" picture---Look where the taxes stop---above $200,000 a year!!!! 




My tax plan---a progressive tax where the more you make the more you pay in taxes




Another picture of the ideal tax plan---a progressive tax






Thursday, January 3, 2013

GOP and taxes


Why are the GOP against taxes?? They will say that higher taxes hurt our economy or that it will kill jobs or that govt spends too much money. In reality it is simply their world view---Govt is bad and taxes are how we fund it---lower taxes and you will make govt smaller. Grover Norquist seems to be the only person who will even admit that this is the ultimate goal anymore---he used to say make govt small enough to drown in a bathtub---now he just says cut it in half---but at least smaller govt is his stated goal---even though he will also say it hurts the economy, it kills jobs, stimulus doesnt work---he uses an image of a lake--someone stands on one end with a bucket and takes some water and puts it in the other end and says ""stimulus""---but the REAL analogy would be a river feeding that lake or even how every river ends in the ocean---its funny how stimulus REALLY works----every river ends up in the ocean.

The GOP used to be the fiscally responsible party---they would spend less and raise taxes when more spending was needed, and were upset when Democrats would lower taxes, saying it would cause deficits and debt----imagine that huh!!!! I would say this desire to kill the govt was treasonous---it certainly seemed so to me--but it doesnt fit the actual definition (i looked it up) of ""killing the sovereign leader or overthrowing the govt"" well its good news for the GOP.

So my question to them would be---why pay any taxes at all?? why should the rich only get a 20% tax cut for the last ten years (and another 20% if Romney was elected)---why not 40 50 or 90%??? why should the rich pay any taxes??? then again why should any of us?? My assumed answer is that well that would be ridiculous and the govt has some role Borders, Military etc and we need to fund something. So its back to GOP wants smaller govt and Dems believe govt has a role to play in our lives and the more you make the more you should pay. Maybe one day we could agree on something.