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When you reduce taxes, particularly to succesful people, they use the money to invest in business, hire more employees and create wealth.
The reagan tax cuts increased revenues to the IRS 100 percent in eight years
As it is, half of americans pay no taxes.
I would have no problem with this if they didn't vote, but if you're going to vote, you should have some skin in the game.
Remember, socialism is great until you run out of other peoples money.
Originally posted by astrogolf
reply to post by 12GaugePermissionSlip
When you reduce taxes, particularly to succesful people, they use the money to invest in business, hire more employees and create wealth. The reagan tax cuts increased revenues to the IRS 100 percent in eight years. As it is, half of americans pay no taxes. I would have no problem with this if they didn't vote, but if you're going to vote, you should have some skin in the game. Otherwise, we wind up with Obama. Remember, socialism is great until you run out of other peoples money.
Originally posted by ZuluChaka
reply to post by blackthorne
This isn't the 50's anymore my friend. We no longer are the only country left with a manufacturing base after WW2.
It is 2010 and we live in a global economy where you can manufacture something on the other side of the world and ship it anywhere cost effectively.
We dont have jobs in this country, because we can no longer effectively compete. Our workforce demands too much pay and our government demands too much taxes and regulation. Adding a union on top of that pretty much insures the company will either move its production and any other jobs it can out of the country in order to survive.
Originally posted by astrogolf
When you reduce taxes, particularly to successful people, they use the money to invest in business, hire more employees and create wealth.
Originally posted by ZuluChaka
reply to post by blackthorne
This isn't the 50's anymore my friend. We no longer are the only country left with a manufacturing base after WW2.
It is 2010 and we live in a global economy where you can manufacture something on the other side of the world and ship it anywhere cost effectively.
We dont have jobs in this country, because we can no longer effectively compete. Our workforce demands too much pay and our government demands too much taxes and regulation. Adding a union on top of that pretty much insures the company will either move its production and any other jobs it can out of the country in order to survive.
Originally posted by astrogolf
reply to post by 12GaugePermissionSlip
When you reduce taxes, particularly to succesful people, they use the money to invest in business, hire more employees and create wealth. The reagan tax cuts increased revenues to the IRS 100 percent in eight years. As it is, half of americans pay no taxes.