So remember when I said Trump will try to cancel the election and Flash disagreed?

Flash said:
That is why I opposed the tax cuts without equal spending cuts--because of the deficit
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This is the stupidest thing ever written about taxation.

Whether or not a tax cut is effective has nothing to do with the deficit or spending.

I can't believe after the last 20 years of consistent tax cut fails, you still think this way. Makes me think it's about your pride and nothing meaningful.
 
Flash said:
That is why I opposed the tax cuts without equal spending cuts--because of the deficit. Now, it is worse largely because of the $3 trillion stimulus money. So spending is causing a bigger deficit than tax cuts.

The wealthy are always going to get the most benefits from tax cuts because they pay all the taxes. The bottom 50% pays -106% of federal income taxes because they owe no taxes and get up to $6,557 in Earned Income Tax Credits. How do you cut the taxes of a guy who does not pay any federal income taxes.

I never supported the tax cuts, so it is a non-issue as it applies to my views.
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When all is said and done, the deficits under trump in 4 years will equal or exceed the 8 years of Obama, yet not a single republican complains.
You only complain when a democrat is in the WH.
 
Flash said:
That is why I opposed the tax cuts without equal spending cuts--because of the deficit. Now, it is worse largely because of the $3 trillion stimulus money. So spending is causing a bigger deficit than tax cuts.

The wealthy are always going to get the most benefits from tax cuts because they pay all the taxes. The bottom 50% pays -106% of federal income taxes because they owe no taxes and get up to $6,557 in Earned Income Tax Credits. How do you cut the taxes of a guy who does not pay any federal income taxes.

I never supported the tax cuts, so it is a non-issue as it applies to my views.
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So explain the logic of your economics because all I can tell is how they fail.

Cutting taxes is a gigantic mistake, full stop.

Cutting spending isn't going to magically trigger economic growth. In fact, what it's going to do is plunge people deeper into debt because they have to now pay more out of pocket for essentials like education and health care.

Every dollar you cut from Medicaid is a dollar someone will have to spend out of pocket on health care, not in the consumer economy where it has a multiplier effect

That's why the only form of economic stimulus that works are either direct cash payments to those at the bottom of the income ladder, or raising their wages.

When you cut taxes and spending, you're pushing the burden onto those least prepared to handle those costs.

That's why you have people going into bankruptcy from medical debt.

That's why you have a $2.5T student loan bubble.
 
LV426 said:
LMAO! So you do think tax cuts grow the economy! That is what you are literally saying right here!

What a fail.

And what is that family doing with that take-home pay? Spending it on health care and education, mostly. So it's not money being spent in the consumer economy, is it?

The personal savings rate has been in a downward decline since the Bush Tax Cuts that "put more money in the hands of people to spend money".
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Having more money to spend does not necessarily grow the economy. It grows the deficit and is inflationary when government is borrowing more money to give those cuts.

They are not spending any more on health care and education than they were before the tax cut because the government did not cut spending on those items--they increased like everything else in the budget.

Does giving Earned Income Tax Credit or a stimulus check grow the economy? They are obviously giving the people more money to spend. What is the difference between government giving people money or taking less from them in taxes? The difference is the bureaucracy does not take a big share.
 
Flash said:
I never supported the tax cuts, so it is a non-issue as it applies to my views.
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You said you support low taxes, and how do you get to low taxes? By cutting them.

So I bet you think you're clever by saying you support low taxes but not tax cuts. But you're not being clever. You're being a sophist.
 
I disagreed also. There appears to be no depth too low for the orange criminal. He will not be
satisfied until the US is just a bloated banana republic with him playing un generale wearing shoulder boards made from chicken bone spurs.
 
Flash said:
Having more money to spend does not necessarily grow the economy.
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But that is what you are arguing when you say you support "low taxes".

You can't get to "low taxes" without cutting taxes, you know, because...language and logic.

So if putting money in the hands of people to spend doesn't grow an economy, what does?
 
Flash said:
Having more money to spend does not necessarily grow the economy. It grows the deficit and is inflationary when government is borrowing more money to give those cuts.
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But you realize when you cut spending, you're cutting economic activity too, right? So how are you making up for the loss of economic activity thanks to spending cuts?
 
LV426 said:
They banned it from their flag and the first amendment doesn't apply to the military? Since when?
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They voted to take it off their flag. Every person in MS is still free to fly any flag they choose.

Since a long time. What you can do on a military base (protest, etc.) is more limited than outside that base.

If a person had all the same 1st Amendment freedoms on that military base they would not have been able to ban the flag.
 
Flash said:
They are not spending any more on health care and education than they were before the tax cut because the government did not cut spending on those items--they increased like everything else in the budget.
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We've been through this several times, I even showed you how spending was cut on Pell Grants, and you completely ignored it.

Yes, they are spending more on health care and education...individuals and families are spending more.


Does giving Earned Income Tax Credit or a stimulus check grow the economy? They are obviously giving the people more money to spend. What is the difference between government giving people money or taking less from them in taxes? The difference is the bureaucracy does not take a big share.
Click to expand...

I don't support the EITC, so you're barking up the wrong tree.

Instead, I support higher wages for workers who currently qualify for the EITC.

But you oppose paying people higher wages too.
 
LV426 said:
But that is what you are arguing when you say you support "low taxes".

You can't get to "low taxes" without cutting taxes, you know, because...language and logic.

So if putting money in the hands of people to spend doesn't grow an economy, what does?
Click to expand...

Stupid, there are two monies, the ones government spends are the bad monies and the ones not government spends are the good monies.
WTF don't you get about the two types of monies?
 
Flash said:
They voted to take it off their flag. Every person in MS is still free to fly any flag they choose.
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Ah, but it's banned on government property, isn't it?


Since a long time. What you can do on a military base (protest, etc.) is more limited than outside that base.
Click to expand...

Like flying a flag?


If a person had all the same 1st Amendment freedoms on that military base they would not have been able to ban the flag.
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Funny goalpost shift there....so...why hasn't anyone sued to allow Confederate flags on military bases, if it's a 1A issue, as you say?
 
Micawber said:
Stupid, there are two monies, the ones government spends are the bad monies and the ones not government spends are the good monies.
WTF don't you get about the two types of monies?
Click to expand...

LMAO!

Flash is like, "I don't support cutting taxes, I just support low taxes."
 
LV426 said:
But that is what you are arguing when you say you support "low taxes".

You can't get to "low taxes" without cutting taxes, you know, because...language and logic.

So if putting money in the hands of people to spend doesn't grow an economy, what does?
Click to expand...

You can get low taxes without cutting them if you had never set a ridiculously high tax rate in the beginning. We all know the 91% federal income tax rate was a joke because nobody paid that much and the effective tax rate remained about the same when taxes rates were cut to 40%.

It was part of that "soak the rich" philosophy designed to make the voters think the politicians were being mean to rich people because, after all, they are the reason people are not successful. Find a scapegoat like Hitler did with Jews and others.

Giving people more to spend can grow the economy, but we can't always predict how government policy of cutting or raising taxes is going to affect the overall economy due to other economic factors. That is one reason we began relying on monetary rather than fiscal policy. Congress tended to give goodies around election time often followed by inflation.
 
LV426 said:
But that is what you are arguing when you say you support "low taxes".

You can't get to "low taxes" without cutting taxes, you know, because...language and logic.

So if putting money in the hands of people to spend doesn't grow an economy, what does?
Click to expand...

Those that you want handed something they didn't earn earning what they have.
 
LV426 said:
Ah, but it's banned on government property, isn't it?
Click to expand...

No. It was only taken off the state flag.

LV426 said:
Funny goalpost shift there....so...why hasn't anyone sued to allow Confederate flags on military bases, if it's a 1A issue, as you say?
Click to expand...

Because, as I clearly said, military affairs allow more restrictions than non-military.

You are trying to claim we can ban certain types of flags because of their content which is simply not true. As usual, you have given no evidence to the contrary assuming the person is in a public place where he has a right to be. NASCAR is a private entity.
 
LV426 said:
LMAO!

Flash is like, "I don't support cutting taxes, I just support low taxes."
Click to expand...

Sophistry at its worst. I didn't support cutting taxes without spending cuts. And I don't support cutting taxes. They are already low enough.
 
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