Author Topic: Bush's tax cuts may hurt world economy (Read 1176 times)

Toad · « **Reply #45 on:** February 25, 2003, 12:12:56 PM »

Kanth, I think he meant "more" in the sense that 22% of $250,000 is MORE than 22% of $100,000.

I think.

Kanth · « **Reply #46 on:** February 25, 2003, 12:16:56 PM »

I understand, what I'm saying still applies tho.

Does the person making 250,000 use more from the government than the person who is making 100,000?

Overall I would say no. And so the way the tax system is setup right now is wrong.

Alot of people like it and think it's good tho.

Quote

Originally posted by Toad
Kanth, I think he meant "more" in the sense that 22% of $250,000 is MORE than 22% of $100,000.

I think.

Toad · « **Reply #47 on:** February 25, 2003, 12:28:05 PM »

Yeah, and if they find this thread, they'll be here to tell you so!

In fact, they'll tell you why "rich" folks should give all their income to the government and define "rich" as anyone who makes more than they do.

Erlkonig · « **Reply #48 on:** February 25, 2003, 12:39:48 PM »

Rich people aren't gonna spend all the money they make, so it makes good sense to get the government to spend it for them. You know, "trickle down" and all?

OZkansas · « **Reply #49 on:** February 25, 2003, 12:45:21 PM »

Quote

Originally posted by Toad
Beyond that, somebody is going to spend that money. Either the government takes it from you and spends it and you go into debt for stuff you need or you keep it and spend it and the government goes into debt for stuff it needs.

Toad, ya got it pinned down and isolated! The government can handle debt better then I can because they can just print money. I can't, well I can, but then I will have to fend off, heheee, "friendlies" and "incomming" at Levenworth!

Kanth · « **Reply #50 on:** February 25, 2003, 12:52:22 PM »

I know but I don't mind if they have a different view than mine.

I haven't seen any logical justification from their side yet so it's all white noise to me.

Quote

Originally posted by Toad
Yeah, and if they find this thread, they'll be here to tell you so!

In fact, they'll tell you why "rich" folks should give all their income to the government and define "rich" as anyone who makes more than they do.