Trump vs Hillary 2016

Quote: Dalex64

Could there be a better time, with the economy so strong, to pass a balanced budget?

Deficit spending is one of the things you do to help a struggling economy, as is cutting taxes, along with the central banking actions.

When times are good, like now, we should take advantage and focus on fiscal responsibility.

Can't and won't happen. Propose any cut and the liberals run ads of you pushing old ladies in wheelchairs off a cliff. The fawning media parrot what they say.

Probably 30-40% of the population are now incapable of survival without government support, and I am not counting social security.

Bottom 40% paying basically no taxes, with the real bottom sucking up refundable credits.

Best thing we can hope for is to die in our sleep.

Can't do it, so the path they choose is to make the problem worse? Cut taxes and cut programs, but cut more taxes than programs? Totally irresponsible.

Bush had a large budget surplus, and rather than using it to do some good, he slashed taxes.

Tax cuts aren't needed.

Tax cuts on the wealthy aren't needed, and trickle-down doesn't work anyway.

Focus on corporate tax reform - go ahead and reduce the rates, but also reduce the exemptions, and do it in a revenue neutral way. Level the playing field, and stop picking favorites.

There will still be some industries that need subsidies to keep things affordable for the good of the people (food? Oil? Socialism, anyone?) But remove the subsidies especially where the beneficiaries are not the people, realized by lower consumer prices.

THAT is corporate tax reform.

Quote: Dalex64

Bush had a large budget surplus, and rather than using it to do some good, he slashed taxes.

Slashing taxes is doing good.

The government is not supposed to run a surplus. If it does, it is just overcharging you.

The same people who whine about "corporate profits and fatcat CEOs" complain when government returns money to the people.

I can spend my money better than the government can.

The federal government runs 1/5 of the economy. When is enough enough?

The government is not supposed to run a deficit. The largest part of the federal budget should not be debt service.

Returning money to the people in the form of deficits and debts is irresponsible and unsustainable.

A surplus is when they take in more money than budgeted. That isn't what is happening now, and that isn't where the money being returned to the people is coming from this time.

I think an even better idea would be to replace the flat corporate income tax with a progressive one, but I know there is zero chance of that.

How well did slashing taxes do in Kansas?

Quote: Dalex64

The government is not supposed to run a deficit. The largest part of the federal budget should not be debt service.

The Federal Government is set up to run a deficit of about 3% of GDP. This is both sustainable and necessary.

Returning money to the people in the form of deficits and debts is irresponsible and unsustainable.

Quote:

I think an even better idea would be to replace the flat corporate income tax with a progressive one, but I know there is zero chance of that.

The best idea would be a flat tax for individuals and corporations of no more than 10%. Better still would be NO income tax, change the Constitution, and make all taxes based on consumption. Until the bottom 47% are paying their fair share, and they currently pay near 0% so they are not no matter what their fair share is, we will have a spending problem. We will have it because what we currently have is people who put nothing in the till voting themselves money from it.

No one is fiscally responsible when their party is in power.

Quote: Dalex64

Tax cuts on the wealthy aren't needed,

Of course they aren't "needed".

Forget the words 'cut' or 'raise' when it comes to taxes. Each year the gubmint makes a rate that individuals pay. I'm starting a new thread rather than hijack this one.

Just saw it today. Trump's EPA chief has told 9 EPA "advisors" who were getting government funding they can no longer play both sides, either leave the trough or quit advising.

7 stayed on the feed farm, 2 gave up their funding to keep advising.

Draining the swamp!

Rush is saying today that the Brazille story
is too big now, everybody is on board and
he's very suspicious. They are just too on
board with it, like there is something behind
it. Like Brazille is a puppet whose stings are
being pulled. Who would do that, who would
want to totally destroy the Clinton's.

Barry, of course, who else. He wants Brazille
to come out smelling good so they can run
Michelle in 2020. Like that grim faced wench
would have a chance of winning. I hope she
does run, what fun that would be.