republican vodo economics. you have to laugh.

Discussion in 'Politics' started by Free Thinker, Jun 10, 2011.

  1. Minnesota Gov. Tim Pawlenty, a candidate for the Republican presidential nomination, put forward an economic plan that he said would raise growth rate of the real gross domestic product to 5 percent per year from its historical level of about half that. His only specific proposal for achieving this ambitious goal was to slash tax rates on the wealthy.

    Pawlenty would cut the top individual income tax rate from 35 percent to 25 percent, cut the corporate rate from 35 percent to 15 percent, and eliminate completely all taxation of capital gains, interest and dividends – the principal sources of income for the wealthy. Implausibly, Pawlenty asserted that despite reducing revenues by some $8 trillion over the next 10 years – from the lowest level of federal revenues as a share of GDP in 60 years – that his plan would balance the budget.
  2. Lucrum


    And Obamanomics is any better?
  3. Ricter


    No, not really. He has made too many compromises with republicans.
  4. Lucrum


    And'll vote for him again anyway.
  5. Agree.As a democrat I'm pissed that democrats have to vote for a guy who extended the Bush tax cuts to stop a republican like Palenty or Ryan from making them even lower :(
  6. lol it is quite a stalemate we have here in the states.
  7. Post the revenue charts.
  8. Lucrum


    Would you feel the same way if you actually paid any income taxes yourself?
  9. There you go assuming again Lucrum,and once again your assumptions are wrong
  10. Lucrum


    So you enjoy seeing your tax dollars utterly squandered?
    #10     Jun 10, 2011