JimboUK Posted April 27, 2009 Share Posted April 27, 2009 Well I think that considering the state of the economy it is a good thing the goverment is charging higher taxes because how would we be able to cover the the things we need during these rough times. Plus the only people going to the tea parties are high class conservatives who don't want to do their part. sorry i cant help it but those republicans love teabagging. Surely taking more money out of peoples pockets is the last thing you want to do in a resession? Spending cuts make more sense, use the resession to trim the fat off the state. Link to comment Share on other sites More sharing options...
bben46 Posted April 27, 2009 Share Posted April 27, 2009 So, They want more of what they know we have less of? The more the government (any government) takes away from you as taxes, the less you have to spend on whatever it is you need. So, because you are spending less, the companies that supply that need cut back. This puts more people out of work and causes the government to demand more of your money to fund the unemployed. So they tax you more . Its called a vicious circle. The only way out of the circle is to break it at some point. For instance, CUT taxes to put MORE money in the hands of the people who buy things. Consumers not big banks and big car companies. The consumers will spend that money, passing it on to the companies (including the big car companies) or save it - passing it on to the big banks. Giving (suprise!) A surplus of cash in the hands of the companies (not just the big car companies, but all of the companies that make stuff ) This leads to the companies hiring more workers to make more of whatever it is you need. Their paychecks add even more cash to the economy causing an upturn. (hopefully) Then we have to watch out for inflation. Which is having more, but its worth less. Economics 101 Link to comment Share on other sites More sharing options...
jaysus Posted April 27, 2009 Share Posted April 27, 2009 but the FED controlled gov doesnt want anyone to make more bucks or the economy to stimulate... they gain more power if other banks go bancrupt as do other companies which go over into FED shareholder property due to the loans they took from them... same method used in the 19twenties crisis just before the FED was founded by those people that created that crisis... their involvement can clearly be prooven by the fact that they lowered interest rates everytime the economy had problems leading to more loans... each time a bunch of loans were handed out the worth of the dollar was compromised by handing out even more loans which made the usefulness of these loans close to useless... interesting would be also how many stocks they sold in times like that leading to even more bankrupt companies which could be bought much cheaper afterwards of course... ----------- there are a few ways to fight economic stagnation:lower costs for companies and lower interest rates = more investments = higher inflationgive money to the companies from the tax payer = more investments = higher taxes (socialistic) things like: increasing the pay to stimulate the economic growth like bben supposed sadly is none of those ever taken into account... they are deemd undemocratic and uncapitalistic but communistic or socialist, words we free people hate to hear and thus deem evil ----------- the reason we have inflation is to counter the increasing worth of money due to economic growth -western nations are rated by their economic growth (sadly the companies we have given the power to control the inflation are also those that profit from times of crisis)but there is no economic growth as long as there is no need for more products of a certain kind thus the money spend has no actuall "counter worth" and increases inflation unproportional... but however one may look at that system of controlled inflation it reduces the actual worth of what people work for, realisticly lowering the income of everyone in the country except for the banks Link to comment Share on other sites More sharing options...
Skolhamarr Posted April 27, 2009 Author Share Posted April 27, 2009 on a side note It is really nice to see how many of you are taking interest in this topic or topics. I think we all can agree we pay enough taxes, no matter how it is done. I can not explain how much I hate IRS... now what can be a solution to our tax vows? Lets boil it down the "evil Corp" do hire a few people here and there. Lower the corp tax, just maybe those same corp will stay and bring jobs back to the US just an idea. Otherwise, countries like Ireland they have lower those same taxes on corp they are flocking to them. Not a bad idea, even for my own Corp. Link to comment Share on other sites More sharing options...
humanbean234 Posted May 4, 2009 Share Posted May 4, 2009 All I can do is shake my head... most Americans who are all-fired paranoid about living in a Socialist State With High Taxes, maybe should ask... do the Swedes and Finns really have such a crummy life? Finlandhttp://news.yahoo.com/s/csm/20090501/cm_csm/ycorson Sweden Part Ihttp://www.thedailyshow.com/video/index.jh...ckholm-syndrome Part IIhttp://www.thedailyshow.com/video/index.jh...-Syndrome-Pt.-2 It would seem to me like the pundits who are most vocal about disliking the current return to the old tax schedule of 39% for people making over $250k/yr, comparing it to Socialism, are... well... the most antisocial ones (O'Reilly, Beck, and others of Faux News). Link to comment Share on other sites More sharing options...
Michlo Posted May 6, 2009 Share Posted May 6, 2009 Umm, what is all this talk of raising our taxes? As far as I've seen, that was only aimed at the RICH who can afford it. We are already seeing less tax being taken from us thanks to recent changes. Link to comment Share on other sites More sharing options...
humanbean234 Posted May 6, 2009 Share Posted May 6, 2009 Umm, what is all this talk of raising our taxes? As far as I've seen, that was only aimed at the RICH who can afford it. We are already seeing less tax being taken from us thanks to recent changes. It's due to most folks having a VERY short attention-span. All they heard was "Raising taxes," and the bulk of the protesters went all berzerk without bothering to listen to whose taxes were being increased, or by how much, or for how long. Link to comment Share on other sites More sharing options...
Monarch_Anor Posted May 7, 2009 Share Posted May 7, 2009 You do realize that "rich" was originally 300k+, now it is down to 250k+ and that the number is moving down again? ah well, Ignorance is bliss, is it not? Link to comment Share on other sites More sharing options...
humanbean234 Posted May 7, 2009 Share Posted May 7, 2009 Ignorance doesn't live here.Only the top 1% of the population have incomes over $250k/year (according to the last available data from 2004, from a survey done by Emmanuel Saez and Thomas Picketty).The other 99% of us who make less than that... why should we feel sorry for them? Link to comment Share on other sites More sharing options...
Michlo Posted May 8, 2009 Share Posted May 8, 2009 You do realize that "rich" was originally 300k+, now it is down to 250k+ and that the number is moving down again? ah well, Ignorance is bliss, is it not? You must be feeling blissful then. Ignorance doesn't live here.Only the top 1% of the population have incomes over $250k/year (according to the last available data from 2004, from a survey done by Emmanuel Saez and Thomas Picketty).The other 99% of us who make less than that... why should we feel sorry for them? Precisely. They won't even miss it. Link to comment Share on other sites More sharing options...
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