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PHOENIX TRADING
 

Registered: Mar 2012
Posts: 6770

 

08-13-12 02:04 PM


Quote from Brass:

"Cut taxes for the rich and place the burden squarely on everyone else to make up for the resulting increase in revenue shorftall, all the while praying for trickle down to finally work." How long does such a segment really need to be?



there's no such thing as taxing a country to wealth.

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Yannis
 

Registered: Jan 2002
Posts: 5287

 

08-13-12 02:15 PM


Quote from Brass:

"Cut taxes for the rich..."

Cut taxes for the job creators to match the levels of our global competitors and restrict the size and role of government so that the private sector can push this economy to new heights. In particular, reduce mindless, vote-buying federal spending, reform entitlements so that our children can have them too, and confront the ginormous power and abusive tactics of public employee unions that are sucking the blood out of the middle class.

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Brass
 

Registered: Jan 2012
Posts: 3509

 

08-13-12 02:21 PM


Quote from Yannis:

Cut taxes for the job creators...


Because it worked soooo well for Bush?

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CaptainObvious
 

Registered: Jun 2006
Posts: 7049

 

08-13-12 02:36 PM


Quote from Yannis:

Cut taxes for the job creators to match the levels of our global competitors and restrict the size and role of government so that the private sector can push this economy to new heights. In particular, reduce mindless, vote-buying federal spending, reform entitlements so that our children can have them too, and confront the ginormous power and abusive tactics of public employee unions that are sucking the blood out of the middle class.



Tax breaks/incentives need to be directly tied to hiring new employees. Those companies that hire get tax cuts. Those that don't, don't. Hire first, tax cut comes after. We've seen the tax cut first, hire later version. Not falling for that again.

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Ricter
 

Registered: Aug 2004
Posts: 13203

 

08-13-12 02:50 PM


Quote from CaptainObvious:

Tax breaks/incentives need to be directly tied to hiring new employees. Those companies that hire get tax cuts. Those that don't, don't. Hire first, tax cut comes after. We've seen the tax cut first, hire later version. Not falling for that again.


I don't need more cash [to start hiring again] I need more sales. That means if anyone needs a tax cut it's the consumer.

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CaptainObvious
 

Registered: Jun 2006
Posts: 7049

 

08-13-12 03:43 PM


Quote from Ricter:

I don't need more cash [to start hiring again] I need more sales. That means if anyone needs a tax cut it's the consumer.



Consumers need a job a hell of a lot more than they need what amounts to pocket change in a tax break. My point is to incentivize hiring through tax breaks for those companies that do hire, but you already knew that. I'm all for rewarding companies that hire and punishing the shit out of those that grow profits solely through downsizing. Any company showing profits while laying people off should be taxed into extinction.

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