Thread: Obama National Debt

Originally Posted by Highstakes72

The problem is in a large group of lawyers that believe that know how every sector and business operate. Not all businesses operate with the same cost structures, competition, price points, or profit margins. Taxes are quickly levied without so much of a thought as to the tremendous effort it takes to rebalance the business model. The sheer confusion of the tax code is a major problem. Inefficiency is abound in the current system. Have you seen the amount of taxes, fees, and permits that are required for anyone to start a business today? Taxes in their many forms present a barrier to entry into commerce.

You say " The idea that cutting taxes can magically fix everything is a myth."

I say that if the tax code and associated regulations were HALF as efficient as many segments of the private sector have to be to survive, we would need to give much less to the government.

I have nothing against reforming things like the tax code. I'm all with you there. It is incredibly complex and has too many loopholes exploited by large corporations. But this is still a different argument than what I was saying. My thing was cutting taxes during a recession when you need to spend to recover is not a very smart idea. You get more bang for your dollar when it is spent as opposed to giving a tax cut.

Originally Posted by Highstakes72

Originally Posted by Fovezer

Originally Posted by Highstakes72

If you believe that cutting taxes for the majority of businesses in the country would have no effect...then I have to ask where do you think wealth comes from ?

We are talking about bringing an economy out of a recession, right? Cutting taxes does extremely little to stimulate anything. It will not get them more customers, it will not allow them to hire new people, the amount they would save would not be an extreme amount, etc. What it will do, however, is put us into more debt that people like to clamor about. The idea that cutting taxes can magically fix everything is a myth.

The problem is in a large group of lawyers that believe that know how every sector and business operate. Not all businesses operate with the same cost structures, competition, price points, or profit margins. Taxes are quickly levied without so much of a thought as to the tremendous effort it takes to rebalance the business model. The sheer confusion of the tax code is a major problem. Inefficiency is abound in the current system. Have you seen the amount of taxes, fees, and permits that are required for anyone to start a business today? Taxes in their many forms present a barrier to entry into commerce.

You say " The idea that cutting taxes can magically fix everything is a myth."

I say that if the tax code and associated regulations were HALF as efficient as many segments of the private sector have to be to survive, we would need to give much less to the government.

Just for the record tax cuts do 0 to help or hinder someone from starting a business. There are no taxes to open a business. There are no permits to open most businesses. The fees involved in starting a business primarily go to the state and county to which you reside.

Aside from the fee the start a corp/inc. which when i paid was $150 to the federal government and a workers comp exemption at $50. Everything else is state related. Mine is a construction feild in florida. Which means every 2 years i have to get a workers comp. exemption. Every year i have to get a new state and county license at a total of $72.

I spend more on 2 monthes of business insurance than i do on 2 years of licenses and workers comp.. None of which are effected by taxes being dropped or raised. However i do agree that the system is fundamentally flawed. Even congress has addressed the issue with the IRS hand book being worded so it is impossible to truely understand.

Granted the fees can change with the type of business being opened but still not the fed getting rich off of it. As much as it pains me to say the government isn't fucking any one trying to open a business.

Originally Posted by Red_Lizard2

Originally Posted by ***COMMANDER***

Like Rock Lobster says, keeping them busy and disrupting their network in there homeland, so they do not have the leisure of openly planning attacks on our homeland, has made a big difference.

If they are always ducking a bomb or trying to avoid a raid, then they don't communicate as well and are busy hiding, instead of carrying out attacks in our yard, that they were able to plan in there's.

Keep hunting them down and keep bringing them in, dead or alive. We are winning this war on terror.

so.....we should be fighting everywhere then? Considering Afghanistan is their homeland. Theres ones in Saudi Arabia, Malaysia, Pakistan, etc. etc.

Nah, you might think that, but nah..... We know what we were doing. We let them pick their battlegrounds and we are obliging the fight, plus not only stopping the bad guys from moving forward, there are a couple of people that we want to have a discussion with and while we are around, we are going to pick those guys up, and make sure everybody else wants to get along.....

Btw, tax relief to business owners spurs growth and sustains growth. Those civilian stimulous checks folks get in the mail, they run right about and spend it in the economy, which is a great burst and sustains, when life is good.

Life is good and freedom is wonderful.

Keep fighting the good fight.

WTF kind of loaded question is this?

Do you approve of our national debt? Obviously the answer is NO. Why the fuck should the most powerful country in the world owe anything?!

Previous president starts a STUPID war that unfortunately needs to be finished, and the economy goes to shit after his term, then the next guy is blamed? You are not a member of Obama's democrats, are you? It's not obvious at all, but I just have this feeling.... Y'know?

You may not like Obama's party, or ideas, but for the love of fucking god, it's NOT the end of the world... All those European countries that take care of their people, and ensure a good quality of life through taxes, yet STILL have people in better shape than Americans? OBV fucking communist. No decent, freedom loving country would choose to take care of themselves, and each other!

I personally hate all politicians, but hate this generalisation crap more.

Commander, you are more intelligent than this, and I expect more from you.