chucK Posted June 20, 2003 Posted June 20, 2003 Hey! I heard on the news yesterday that the budget deficit for THE FIRST 8 MONTHS of 2002 is officially on the books as > 290 billion $. So with only 2/3 of the year recorded it's already the worst deficit since 1992, and a new record! Let's hear it for the 2002 tax cuts!!! And let's have more in 2003 to get this bad war taste out of our mouths Quote
Peter_Puget Posted June 20, 2003 Posted June 20, 2003 Do you think that a recession would have any imapct on both Gov spending and Gov. receipts? Quote
chucK Posted June 20, 2003 Author Posted June 20, 2003 Righto Peter! It's ALL CLINTON'S FAULT!!!! (and that bitch Hilary too) Quote
chucK Posted June 20, 2003 Author Posted June 20, 2003 By the way, I don't think the tax cuts caused the record budget deficit (though they added to it obviously). I do wonder about the fiscal responsibility of them when faced with an already large deficit and being currently embroiled in a 100,000,000,000 $ (and counting) project. Wouldn't perhaps trying some more radical maneuvers to restore confidence in the funny money train of the stock market do more to get people investing again? Quote
jordop Posted June 20, 2003 Posted June 20, 2003 (edited) Quote Peter_Puget said: Is Jordrop your avatar? PP . Edited June 15, 2021 by jordop Quote
Peter_Puget Posted June 20, 2003 Posted June 20, 2003 Exactly like elimination of Dividend Taxation. You're the man ChucK. By the way check out the graph there be good insights revealing themselves in it. Quote
chucK Posted June 20, 2003 Author Posted June 20, 2003 Peter_Puget said: Exactly like elimination of Dividend Taxation. Again Peter! Madame cuts to the point like a laser!! I always thought that taxing dividends was lame. I mean, really, gettting dividends from investing is not working right? So why should it be considered income? I think the government only has the right to tax one on money that one has to sweat or toil for. That's what I think. Also divend taxing is double taxation!!!! I mean, first the big corporation has to pay tax on it's "earnings" and then you (a shareholder in the company) has to pay taxes AGAIN!!! on the dividends. SHEEEESH! The only taxes that should be allowed are income tax (from work that people sweated on) and sales tax!! Quote
Peter_Puget Posted June 20, 2003 Posted June 20, 2003 So close and yet...so far.... Chuck its not just sales tax but specifically Food that should be taxed! Try to avoid that TAX by not earning money! PP Quote
chucK Posted June 20, 2003 Author Posted June 20, 2003 Oh wait, Peter didn't cut to the point like a laser. My mistake. Merely giving people tax breaks for investing will not restore their confidence in the stock market after all the recent scandals. I was thinking more of stuff like pursuing actual stock-swindle criminals instead of prosecuting a fashionable scapegoat. Quote
chucK Posted June 20, 2003 Author Posted June 20, 2003 Peter_Puget said: So close and yet...so far.... Chuck its not just sales tax but specifically Food that should be taxed! Try to avoid that TAX by not earning money! Brilliant again Peter!! And if they can't afford the Food they can always eat cake. Quote
glen Posted June 20, 2003 Posted June 20, 2003 Funny, I thought the right wing was simpy trying to bankrupt the govt as a way of permanently removing social programs. Seems a pretty effective maneuver. hmmmmm.... does the war in Iraq count as a social program? Especially the part where the bomblets and food packages were similar in color, shape and size. Fun for the whole family! Quote
glen Posted June 20, 2003 Posted June 20, 2003 PS, fitting lines to the plot above may or not be a meaningful exercise. Looking for significance relationships for an autoregressive system may be more meaningful and facilitate more sophisticated laying of political blame. Quote
chucK Posted June 20, 2003 Author Posted June 20, 2003 Glen, the bombs and food packages are similar so that if we "accidentally" killed a bunch of Canadians (in Afghanistan) we could say we thought we were dropping them supplies. Quote
JoshK Posted June 20, 2003 Posted June 20, 2003 We all got $300 back and we get a huge fucking deficit to deal with down the road. Clinton's cabinent did their job and got the spending of this country on track and fuckin' dubya threw it in the shitter. Quote
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