Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: surfbaron who wrote (8122)	10/14/2002 10:42:07 PM
From: TigerPaw	Read Replies (1) of 89467

it's hard, in a forum like this to discuss tax treatments without writing a lenghthy piece If this is the wrong forum I will drop the subject posthaste. Tax receipts excluding ss receipts went up. This again is an apples to oranges comparison. You want to compare tax receipts during a recession to those after the economy began to grow again. Yes, total receipts were up, but at a very unfavorable porportion to the size of the economy and it's expenses. The deficit was ballooning because tax receipts were up marginally under heavy, heavy stimulous spending. It was a poor deal for the taxpayers. SS receipts have always been commingled and spent on general uses. At a basic level, dollars are dollars, so it's hard to tell one from the other. Social security money was never stuffed into one of the many mattresses where George Washington slept. There were projections of costs considered for the program, and Reagan was the first President to basicly say he wasn't going to pay the projected costs. Clinton got the program back on track, but now Junior Bush has repeated the pledge to screw the seniors. Tip gave his word to spending restraint .... it went through the roof. on military and social programs Tip O'Neill never promosed to invade the White House and tackle Reagan when he proposed huge increases in spending. The pork in Congress was the relatively moderate business as usual. The pork from the White House was never before seen amazing borrow and spend proposals. It was not Tip's place to play Grinch to Reagan's Santa Claus. It would have been nice in retrospect, but it was Reagan wild spending funded by borrowing that ushered in the era of deficits as far as the world can see. TP

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