Jump to content

6-6-6


prole

Recommended Posts

  • Replies 254
  • Created
  • Last Reply

Top Posters In This Topic

The most qualified candidate we had in recent memory was Bush 41, and all the press did was lambaste him as being a "wimp". And he was no idealogue, he did raise taxes, did he not?

 

"Read my lips", then bam, y'all got hijacked! Who could be at the bottom of this?

 

 

Link to comment
Share on other sites

GST = goods and services tax (Canadian). VAT = value added tax (European). Otherwise same thing.

 

Economists consider them "fairer" than income taxes since they tax consumption rather than income. Given two rich dudes, one whom spends a lot on mansions and yachts and bling, and the other who doesn't, the dude who spends a lot pays more tax. Also the rich tend to spend more than the poor and so pay more tax. JayB and j_b can probably argue about that summary for at least another 10 pages now.

Link to comment
Share on other sites

Aren't sales taxes (i.e. taxes on consumption) regressive? If you calculate basic living costs, the rich guy will pay fewer taxes (as a percentage of his income) than the poor guy (who's sales taxes will represent a larger slice of his income)

Link to comment
Share on other sites

My Favorite is when asked to site his sources, and or tell us how his plan does what he says its supose to do, he says: "I'm not at liberty to do so at this time" like it some bigg fucking secret.

 

999 where the poor and lower middle class that spend 80-100% of there income now pay 18% tax and the weathly that make most of there money off capital gains which for some reason is not considered income, pay next to nothing.

Link to comment
Share on other sites

Aren't sales taxes (i.e. taxes on consumption) regressive? If you calculate basic living costs, the rich guy will pay fewer taxes (as a percentage of his income) than the poor guy (who's sales taxes will represent a larger slice of his income)

 

Usually the poor get a refund for their sales tax and the rich don't.

 

Also, it's only regressive if you ignore the differences in price for goods purchased. Someone who buys a $5.00 pair of sweatpants at Walmart and pays a 10% tax pays 50 cents in tax. Someone who buys a $500 pair of designer jeans at a New York boutique pays $50 bucks in tax. Percentage is the same but the second person pays 100 times the amount of tax as the first, by choice.

Link to comment
Share on other sites

 

The most qualified candidate we had in recent memory was Bush 41,

 

 

Ron Paul baby!!!!!

 

some of his socail issue stances are just plan scary, but i would vote him in to end the wars, fix/get rid of the fed, and end the drug war.

 

Did you know that the president doesn't have the power to get rid of the fed or unilaterally abolish drug laws? I doubt congress would be on board with either of these ideas.

Link to comment
Share on other sites

http://www.politico.com/news/stories/1011/66114.html?fb_ref=.Tpx7tnaHWrU.like&fb_source=home_oneline

 

Ron Paul’s opinions about cutting the budget are well-known, but on Monday, he got specific: the Texas congressman laid out a budget blueprint for deep and far-reaching cuts to federal spending, including the elimination of five cabinet-level departments and the drawdown of American troops fighting overseas.

 

There’s even a symbolic readjustment of the president’s own salary to put it in line with the average American salary.

 

 

Paul will elaborate on the plan during an afternoon speech in Las Vegas ahead of Tuesday’s debate. He’ll say that his plan for $1 trillion in cuts will create a balanced federal budget by the third year of his presidency.

 

“It’s the only plan offered by a presidential candidate that actually balances the budget and begins to pay down the debt,” top Paul adviser Jesse Benton said in a statement ahead of the speech. “And it’s the only plan being offered that tries to reign in the Federal Reserve and get inflation under control.”

 

Many of the ideas in Paul’s 11-page “Plan to Restore America” are familiar from Paul’s staunch libertarianism, as well as tea party favorites like eliminating the departments of education and energy. But Paul goes further: he’ll propose immediately freezing spending by numerous government agencies at 2006 levels, the last time Republicans had complete control of the federal budget, and drastically reducing spending elsewhere. The EPA would see a 30 percent cut, the Food and Drug Administration would see one of 40 percent and foreign aid would be zeroed out immediately. He’d also take an ax to Pentagon funding for wars.

 

Medicaid, the children’s health insurance program, food stamps, family support programs and the children’s nutrition program would all be block-granted to the states and removed from the mandatory spending column of the federal budget. Some functions of eliminated departments, such as Pell Grants, would be continued elsewhere in the federal bureaucracy.

 

And in a noticeable nod to seniors during an election year when Social Security’s become an issue within the Republican primary, the campaign says that plan “honors our promise to our seniors and veterans, while allowing young workers to opt out.”

 

The federal workforce would be reduced by 10 percent, and the president’s pay would be cut to $39,336 — a level that the Paul document notes is “approximately equal to the median personal income of the American worker.”

 

Paul would also make far-reaching changes to federal tax policy, reducing the top corporate income tax rate to 15 percent, eliminating capital gains and dividends taxes, and allowing for repatriation of overseas capital without tax penalties. All Bush-era tax cuts would be extended.

 

And like the rest of his GOP rivals, Paul would repeal President Barack Obama’s health care reform law, along with the Dodd-Frank financial regulatory reform law enacted last year. Paul, a longtime Federal Reserve critic, would also push a full audit of the central bank, as well as legislation to “strengthen the dollar and stabilize inflation.”

 

 

 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




×
×
  • Create New...