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Paper1 08-17-2017 10:05 AM

Tax Reform?
 
I'm very concerned there is great momentum building for a large across the board tax cut that will not produce an equally large jump in employment and only redistribute wealth and increase national debt. Indeed if a company was to invest in this country the last thing they will want to do is create a job, it like collateral damage in a war. If there is any kind of tax reform it should be directly targeted at current American employment and any increase in the same. Is my thinking wrong?

MDLNB 08-17-2017 12:54 PM

Quote:

Posted by Guest
I'm very concerned there is great momentum building for a large across the board tax cut that will not produce an equally large jump in employment and only redistribute wealth and increase national debt. Indeed if a company was to invest in this country the last thing they will want to do is create a job, it like collateral damage in a war. If there is any kind of tax reform it should be directly targeted at current American employment and any increase in the same. Is my thinking wrong?

Tax breaks mean more spending, which boosts the economy, which means the necessity for more employment to keep up with the added demand. This means more tax revenues flowing into the gov coffers, but only if there is spending and not hording/saving.

Anyone wishing to argue this point then they are going to have to also argue Pelogrosi's point that increasing welfare boosts the economy. In my opinion, using logic if you increase welfare, you are increasing gov DEBT. But, she thinks that it boosts the economy. Socialist thinking, that always fails.

Don Baldwin 08-17-2017 01:38 PM

Quote:

Posted by Guest
Tax breaks mean more spending, which boosts the economy, which means the necessity for more employment to keep up with the added demand. This means more tax revenues flowing into the gov coffers, but only if there is spending and not hording/saving.

Anyone wishing to argue this point then they are going to have to also argue Pelogrosi's point that increasing welfare boosts the economy. In my opinion, using logic if you increase welfare, you are increasing gov DEBT. But, she thinks that it boosts the economy. Socialist thinking, that always fails.

The ONLY thing boosting this economy is borrowing...over a $ trillion a year. We're in a depression without it. There's no growth. Productive white people are being replaced with unproductive minorities dependent on welfare. As more and more minorities and women went to work, productivity went down. Shuffling papers isn't producing.

Paper1 08-17-2017 04:41 PM

Quote:

Posted by Guest
Tax breaks mean more spending, which boosts the economy, which means the necessity for more employment to keep up with the added demand. This means more tax revenues flowing into the gov coffers, but only if there is spending and not hording/saving.

Anyone wishing to argue this point then they are going to have to also argue Pelogrosi's point that increasing welfare boosts the economy. In my opinion, using logic if you increase welfare, you are increasing gov DEBT. But, she thinks that it boosts the economy. Socialist thinking, that always fails.

I don't disagree with you but don't believe a tax cut generates enough tax revenue to pay for it self so it will continue to increase the deficiet, exactly what we need to stop. A short term shot of our favorite drug our grandchildren will pay for. IMHO

Topspinmo 08-17-2017 05:38 PM

There will NEVER be tax reform. "NEVER"!!!!!!! to much money to steal. Besides major's, governernors, and the lying dirtbag carpetbagging politicians would actually have to accomplish something besides RAISING TAXES.


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