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  #1  
Old 12-05-2010, 08:18 PM
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Riot Riot is offline
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Quote:
Originally Posted by Cannon Shell View Post
And the best part of that is showing how our income from the wealthy will increase, thus help cut our deficit.

Are you posting that in support of this contention?:

"As I have said before, the economy doesn't operate in a vaccum. let's say that we did eliminate the cuts and raise taxes. Lets say that causes our economy to stagnate as the mega rich move more money offshore or to tax shelters or they stop investing in their businesses, ect. The slowing down of economic growth would most certainly cause the extra money supposed to be raised by the cuts to be lower than suggested. Add in tax reciepts overall decreasing as the economy gets worse. Not a good picture."
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Old 12-05-2010, 08:29 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by Riot View Post
And the best part of that is showing how our income from the wealthy will increase, thus help cut our deficit.

Are you posting that in support of this contention?:

"As I have said before, the economy doesn't operate in a vaccum. let's say that we did eliminate the cuts and raise taxes. Lets say that causes our economy to stagnate as the mega rich move more money offshore or to tax shelters or they stop investing in their businesses, ect. The slowing down of economic growth would most certainly cause the extra money supposed to be raised by the cuts to be lower than suggested. Add in tax reciepts overall decreasing as the economy gets worse. Not a good picture."
Are you denying that tax receipts increased after cutting taxes?
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  #3  
Old 12-05-2010, 08:39 PM
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Riot Riot is offline
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Originally Posted by Cannon Shell View Post
Are you denying that tax receipts increased after cutting taxes?
Beyond obviously not, because my first line was: And the best part of that is showing how our income from the wealthy will increase, thus help cut our deficit.

our income from the wealthy, = increased tax receipts. As shown in your article. Having those receipts back would be awesome.
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