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Re: Our view: GOP rigidity on taxes threatens debt deal 

By: ribit in FFFT | Recommend this post (1)
Thu, 07 Jul 11 9:11 AM | 39 view(s)
Boardmark this board | Food For Further Thought 		Msg. 30489 of 65535
(This msg. is a reply to 30470 by clo)
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clo
...it's the spending kiddo. Ya can't raise taxes high enough to cover the current level of spending. 90 percent wouldn't do it.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
Re: Our view: GOP rigidity on taxes threatens debt deal
By: clo in FFFT
Wed, 06 Jul 11 11:07 PM 		Msg. 30470 of 65535

ribit,

...what tax was the article you referenced talking about?

I had to go back & look ;))

So, the next question is why didn't GWB tax cuts & Obama's extensions of them "create" the economic atmosphere as the tax hikes of Reagan & Clinton? clo

• Republicans insist that tax cuts create jobs and hikes destroy them. So why did the economy boom after Ronald Reagan raised taxes in 1983 and Clinton raised them in 1993, and do the opposite after Bush cut taxes in 2001 and 2003? Taxes are just one factor in a complex economy.

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