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Date Posted: 17:03:27 10/07/09 Wed
Author: Paul Davis
Subject: The problem with that is nobody wants to cut the spending
In reply to: Jeffman 's message, "Re: So what do you think Obama will do in Afghanistan?" on 05:41:22 09/29/09 Tue


And the current list of tax cuts are stupid as rocks, but they can't repeal them as would make sense, because they want those big campaign checks, yes indeed.

While Dems are bad enough, the Repubs have really ticked me off on this tax business. McCain in particular, he was making his own party angry by insisting they needed to balance the budget, and he was lying about how it could be done! I can't imagine a current Republican (leader) even having a desire to balance the budget. What I was told, by a delegate to the national convention in the 90's, that they were intentionally keeping the budget unbalanced, because they wanted to force the removal of Social Security and other social programs. Apparently this has become a total party focus since the time when he was a delegate. (This was all closed door stuff, as you can imagine.)

Anyhow, given that the discretionary budget, which is 90% of what people think of when they think of government, is about equal to the deficit in 2006, to totally remove the deficit without raising taxes, and doing it all in two years, as McCain was claiming, would require having nothing active but the miltary and social security administration. Doesn't seem likely, more like impossible.

Make me dictator, I'll put a 105% tax on all personal income over something like 20 million a year, not because of some vendetta against the wealthy, but because creating a group of uber wealthy is against the best interests of the actual citizens of the US as a group. The warping of public policy to please a truly minute minority is not in any way something the founders wanted or expected to be allowed, and it is not something that should be permitted. And stock option "gifts", "bonuses" or what have you would most certainly be counted as personal income under my regime. If you can spend it or have the use of it, it's yours and you'd pay taxes on it, whether title was yours or owned by a corporate entity.

And Bill Gates would not fall under that, because he hasn't cashed out his stock from Microsoft, and it wasn't a gift from the company. He built it, he owns it, and he hasn't cashed it out and put it in his pocket, at which point he would pay taxes on it. Anyone with personal expenditures of over 20 million a year is crazy anyhow, IMHO, and I really don't care how "necessary" they claim this nonsense is. And they don't stimulate the economy in any real way, no matter how they throw it around, there aren't enough of them to do that. If it really was necessary, they'd not be throwing money in bucketsful to the congress to buy votes enough to keep their crazy setup going year over year.

Where it really is irritating me is that they are so often (Scaife is a perfect example) bent on forcing public policy into a philosophical mold to match some idea they like, even though their money insulates them from any bad effects of the policy! IOW, to them a policy may appear "perfect", even if it's badly flawed or even a disaster, BECAUSE THEY DON'T FEEL THE EFFECTS! This is utterly disasterous, and it's ongoing right now.

Who do you think spends millions on ads fighting public spending on elections? This tiny handful knows as a group that's the quickest and most likely way for them to lose power, and ten minutes after that they'll be taxed from hell, so they'll do anything to prevent it. Look up how Steve Kangas died sometime.


>And yet even in the Obama administration we still have
>those tax cuts and he has said that he wont raise
>taxes until the worst of this recession has gone past.
>
>Ive said it before and I will say it again. The
>problem isnt that we arent paying enough taxes, the
>problem is that congress can spend it faster than we
>can send it to them. Is there any doubt in anyones
>mind that if taxes increased 200% across the board
>that congress would spend that and increase the debt
>even more? Im all for a few new taxes if thats whats
>required to clean up some debt or even to pay for the
>war, but as long as congress continues to spend our
>tax money on crap like a bridge to no where or to look
>at the spawning habits of the tree cricket, then I say
>no more taxes until you cut spending.

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