Started By
Message

re: Biden reportedly planning first major tax hike since 1993

Posted on 3/15/21 at 12:59 pm to
Posted by LegendInMyMind
Member since Apr 2019
55099 posts
Posted on 3/15/21 at 12:59 pm to
quote:

Our infrastructure fricking sucks.

True. Most of those decisions fall on local and state governments. They have a pile of money already that they are largely unaccountable for. Use what you have first, prove you can do so without fricking wasting it, then talk about needing more. Don't keep pissing it away while at the same time telling taxpayers you need more.
This post was edited on 3/15/21 at 1:00 pm
Posted by LegendInMyMind
Member since Apr 2019
55099 posts
Posted on 3/15/21 at 1:02 pm to
quote:

This creates jobs. Jobs create income. Income creates tax revenues and increases economic demand. Demand creates more jobs.

So, you're for investing in industry, as long as that investment is made by the government via tax dollars, but not by private industry? Does encouraging and fostering private industry not do the same damn thing?
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119674 posts
Posted on 3/15/21 at 1:04 pm to
Let's see, spend trillions of dollars on stimulus knowing it has to be paid back by the people you gave it to, or simply cut taxes and let everyone benefit with no other govt intervention required.

Nope.
Posted by Centinel
Idaho
Member since Sep 2016
43407 posts
Posted on 3/15/21 at 1:04 pm to
quote:

I am against redistribution.


Yet that is exactly what you're advocating.

Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119674 posts
Posted on 3/15/21 at 1:06 pm to
quote:

You always say this like everyone on this website didn't vote straight R


Did the bank mask story not clue you in that there are more communist loving democrats on this board than freedom loving conservatives?
Posted by LSUKTR
Baton Rouge
Member since Nov 2005
1489 posts
Posted on 3/15/21 at 1:06 pm to
quote:

It's about time the rich paid their fair share!


We used to be a country where everyone aspired to be “the rich.”

Now they’re the bad guy and expected to foot the bill for those that want to pursue good feelings rather than busting their arse (cause “that’s, like, hard and stuff”).
This post was edited on 3/15/21 at 1:07 pm
Posted by LNCHBOX
70448
Member since Jun 2009
84393 posts
Posted on 3/15/21 at 1:07 pm to
quote:

I look out for me. You look out for your overlords.


Says the liberal voter. You vote against your own self interest every time.
This post was edited on 3/15/21 at 1:10 pm
Posted by LegendInMyMind
Member since Apr 2019
55099 posts
Posted on 3/15/21 at 1:07 pm to
quote:

Yet that is exactly what you're advocating.


He doesn't even realize it.
Posted by mmmmmbeeer
ATL
Member since Nov 2014
7461 posts
Posted on 3/15/21 at 1:08 pm to
quote:

So, you're for investing in industry, as long as that investment is made by the government via tax dollars, but not by private industry? Does encouraging and fostering private industry not do the same damn thing?


Government doesn't have a profit motive like private entities. And there is corruption in government contracts, largely driven by the no-bid contracts that one particular party defends with all their might.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63371 posts
Posted on 3/15/21 at 1:08 pm to
quote:

Our infrastructure fricking sucks. Increase taxes on the wealthiest


Logically, increasing taxes on the largest income pool is the correct approach for those who have no interest in reducing spending. That is easily the middle and upper middle classes. But you don't really want that, because that likely includes you. You are very NIMBY on taxes, which is fair, but all of your logic stems from this flaw. Over taxing the uber wealthy will not suffice for your stated goals. And of course it has many consequences.

quote:

This creates jobs. Jobs create income. Income creates tax revenues and increases economic demand. Demand creates more jobs.


We were near or headed for the natural rate of unemployment before covid. Impeccable timing of such a random, naturally occurring event.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11235 posts
Posted on 3/15/21 at 1:10 pm to
Taxes in this country changed forever under Clinton to where executives are incentivized to leverage their balance sheet for compensation. Without rolling those laws back you won't see some highly successful tax on rich people.
Posted by red sox fan 13
Valley Park
Member since Aug 2018
15360 posts
Posted on 3/15/21 at 1:10 pm to
quote:

there are more communist loving democrats on this board than freedom loving conservatives

That's bullshite and you know it.
Posted by LegendInMyMind
Member since Apr 2019
55099 posts
Posted on 3/15/21 at 1:10 pm to
quote:

Did the bank mask story not clue you in that there are more communist loving democrats on this board than freedom loving conservatives?

Meh, I don't have an issue with the bank story yesterday. Primarily because I believe the bank has just as much right to require a mask be worn as they had to require hats, sunglasses, or masks to not be worn before Covid. That woman has a personal responsibility to not act like an arse, too.
This post was edited on 3/15/21 at 1:11 pm
Posted by LNCHBOX
70448
Member since Jun 2009
84393 posts
Posted on 3/15/21 at 1:10 pm to
quote:

Government doesn't have a profit motive like private entities.


Gonna need you to do some analysis on career politicians' net worth over their careers and get back to me on that.
Posted by LNCHBOX
70448
Member since Jun 2009
84393 posts
Posted on 3/15/21 at 1:11 pm to
quote:

Did the bank mask story not clue you in that there are more communist loving democrats on this board than freedom loving conservatives?


Huh? That woman was a retard and had every chance in the world not to be a dumbass.
Posted by Crow Pie
Neuro ICU - Tulane Med Center
Member since Feb 2010
25413 posts
Posted on 3/15/21 at 1:12 pm to
quote:

So you think that if they could raise their prices 8% and increase profits right now they wouldnt have already done so? You really dont understand how pricing works
You really think corporations are going to take 7% tax increase and not do something* about?

*Pick 3 of the four
1) Raises prices
2) Cut jobs
3) Buy more cheap Chinese raw materials **
4) Take a profit haircut

** see Item # 2
Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12268 posts
Posted on 3/15/21 at 1:12 pm to
quote:

you can cut back on spending like a rational responsible person would do


Tell that to the last two Republican administrations.
Posted by Centinel
Idaho
Member since Sep 2016
43407 posts
Posted on 3/15/21 at 1:13 pm to
quote:

Government doesn't have a profit motive like private entities.


And government also doesn't have a motive to not waste money like private entities, and government also has no board their accountable to.

quote:

And there is corruption in government contracts, largely driven by the no-bid contracts that one particular party defends with all their might.



You are absolutely full of shite if you think this is a Republican only thing.

Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119674 posts
Posted on 3/15/21 at 1:14 pm to
quote:

Our infrastructure fricking sucks.



It does, and it's shameful. For the taxes we collect, we should have amazing infrastructure, no issues with power loss or hacking. Roads should be immaculate, schools should be all top performing, and govt ran with low labor rates and effective.

We have none of that.

Our infrastructure is crumbling, we can keep the power on, roads are like driving a crash avoidance test track, schools are low performing by and large, and a hugely bloated govt that focuses more on giving our country away to China and Russia, growing their power, giving away trillions of American tax dollars to countries to do gender studies and printing millions of documents in hundreds of languages instead of expecting people who come and live here to learn and speak English.


And people wonder why there is a coming civil war.
Posted by LegendInMyMind
Member since Apr 2019
55099 posts
Posted on 3/15/21 at 1:14 pm to
quote:

Government doesn't have a profit motive like private entities

Well, you're clearly right about that one. A country (Corporation for comparison sake) that is trillions of dollars in debt, might as well be bankrupt, that keeps seeing people take jobs within it just to come out multimillionaires years later to the person certainly isn't worried about "turning a profit". It makes perfect sense!
Jump to page
Page First 3 4 5 6 7 ... 11
Jump to page
first pageprev pagePage 5 of 11Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram