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Thread: 350 billion dollar tax cut goes through

  1. May 26th, 2003, 01:28 PM #11
    FrameWork
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    I'm not rich, i live with just my mom, and i have a dad in Alabama who doesnt pay child support. Even after all that, i don't believe we should take away even more of the rich people's money, they do pay the most taxes correct?? From what i understand they pay as much as 50 cent on each dollar. Why should we punish those who make money, we should encourage entrepreneurs.
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  2. May 26th, 2003, 07:59 PM #12
    gold eagle
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    less taxes, more disposable income.
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  3. May 30th, 2003, 10:34 PM #13
    FAQ
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  4. June 1st, 2003, 01:14 AM #14
    gold eagle
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    what is most odd of this latest bear market meltdown is most of the rich lost money and a whole lot more than the less fortunate in it. Of course they have more to lose to begin with, but my point is - aren't they supposed to smarter than the average person?
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  6. June 2nd, 2003, 03:08 PM #15
    bballad
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    This tax cut is more welfare for the rich...memory if you only lose $45 a check in taxes yu oare in the lowest bracket so this will not affect you. Cutting taxes has never helped the econamy, in a bad ecconamy people don't spend hat theyu have they save it, so putting mony in the hands of the wealthy will not help anything....look at how we got out of the depresion..by createing jobs with goverment spending...
    Who is more trustworthy then all of the gurus or Buddha’s?
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  7. June 2nd, 2003, 03:39 PM #16
    KorpDeath
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    But this isn't the industrial revolution, now is it?

    Times have changed, successful formulas of the past don't necessarily have any credence in todays world. There are more complicated issues today than in the past.

    The problem with economics is it taught as it's own little reality and it's not, politics and social issue permeate economics and yuet they are mostly overlooked by economists.
    Mankind have a great aversion to intellectual labor; but even supposing knowledge to be easily attainable, more people would be content to be ignorant than would take even a little trouble to acquire it.
    - Samuel Johnson
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  8. June 2nd, 2003, 11:07 PM #17
    gold eagle
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    ok so what should the govts of the world do, besides clever photo ops in France?
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