SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (322570)1/23/2007 7:41:17 PM
From: Road Walker  Read Replies (1) | Respond to of 1575146
 
re: Like you said before, it's a credit card economy. We're jump-starting a slowed economy so that we'll get returns later.

I thought you guys said the economy was great.

re: I'm not saying that's a good idea. What I'm saying is that the debt liability is not going to be spread equally. You can thank the progressive tax brackets for that.

You give a cut to one guy, the liability is higher for everyone else. Simple.

re: Raise taxes on the "rich" just to pay down the debt, and you'll only skew the share of the debt even more toward the "rich."

We didn't raise the tax on the rich, we lowered it. And unless you propose raising it, then your liability is more (assuming you are not rich). Real dollars from one pocket to another.

re: Of course it isn't. But it will be YOUR money once you retire, no? ;-)

I've got mine... unless things break really bad. It's people your age and younger I worry about. Probably hard to understand but I do care about what happens to this country. I suppose I am an old fashioned teary eyed patriot.



To: Tenchusatsu who wrote (322570)1/24/2007 8:26:15 PM
From: tejek  Respond to of 1575146
 
JF, > If you believe that, then why the hell lower taxes for the rich now??? You think they like to pay interest?

Like you said before, it's a credit card economy. We're jump-starting a slowed economy so that we'll get returns later.


There has never conclusive proof that it works; in fact, there is considerable evidence it doesn't work.

Its just galls me that you all stayed quiet as Bush cut taxes while starting a war. Its nearly the equivalent of someone committing a crime that you witness and you don't go to the police and report it.