Interesting comment considering 70% of those that have more than $10M in net worth stand support the democratic ticket.
Ralph Smith wrote: > I would think lowing taxes to increase government revenue would only > work if the money is funneled back into the US economy in a productive > way. So if the money from tax cuts is distributed to big corporations > who use it to invest in offshore projects, and the benefits of that > investment stay mostly in that country, that doesn't really help us. > > If you cut taxes on the very upper tier of the income brackets, and they > just put that money away to increase their personal capital or sock it > away in other countries so as to avoid paying taxes on the income it > generates, that doesn't help us either. > > Now if you cut taxes for lower and middle class Americans, and small > businesses, they will spend that extra money. Then it is productive and > increases demand, which produces jobs, and increases government revenue. > > Anyway that's how I see it. Trickle down economics doesn't work. If > you believe the people who say it does, take a careful look at which end > of the income spectrum they are on - maybe they have a reason for > wanting you to believe it. > > > >> -----Original Message----- >> From: Tim Vander Kooi [mailto:[EMAIL PROTECTED] >> Sent: Friday, October 31, 2008 10:41 AM >> To: NT System Admin Issues >> Subject: RE: So... how is the recession affecting your buying >> > decisions? > >> Except for the fact, that lowering taxes is how you increase revenue >> > to > >> the government. Raising taxes lowers revenue. The problems that Bush >> > has > >> caused are not due to tax cuts, but rather the fact that he grew the >> federal government faster and bigger than most liberals would have >> > (even > >> honest conservatives will tell you he stunk that one up). >> TVK >> >> -----Original Message----- >> From: Micheal Espinola Jr [mailto:[EMAIL PROTECTED] >> Sent: Friday, October 31, 2008 5:23 AM >> To: NT System Admin Issues >> Subject: Re: So... how is the recession affecting your buying >> > decisions? > >> We are a broke nation. We need a tax increase - like it or not. Maybe >> they can be lowered again if/when we have another surplus. But right >> now there are nations (primarily China) who have the potential to >> financially dismantle us. They promise not to, but they could. >> >> Talking actual "cuts" in taxes is ludicrous. >> >> -- >> ME2 >> >> >> >> On Thu, Oct 30, 2008 at 10:08 PM, Benjamin Zachary - Lists >> <[EMAIL PROTECTED]> wrote: >> >>> Wait was the tax increase at 250,000 , 200,000 or 150,000 ?? it >>> > keeps > >>> changing. >>> >>> >>> >>> What they ARENT mentioning is EVERYONES taxes will go up because >>> > they > >> aren't >> >>> renewing the Bush Tax Cut in 2010. >>> >> ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ >> ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ >> >> ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ >> ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ >> > Confidentiality Notice: > > ---------------------------------- > > > > This communication, including any attachments, may contain confidential > information and is intended only for the individual or entity to whom it is > addressed. Any review, dissemination, or copying of this communication by > anyone other than the intended recipient is strictly prohibited. If you are > not the intended recipient, please contact the sender by reply email, delete > and destroy all copies of the original message. > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~
