I've been reading this thread; and I disagree with Pd on practically everything he has posted, especially when he says he knows Jack Shit.
The idea that taking money from those who EARN it and giving it to those who DON'T earn it is going to help the economy is straight out of the Liberal playbook. Do that for awhile, and you lose the people who pay all the bills. You also create a class of people who believe that they are 'entitled' to whatever they desire at someone else's expense.
As for stimulating the economy by cutting taxes, before JFK cut taxes, the top tax rate was 90%. He cut that to 70%, and got an immediate economic surge. Reagan's tax cut almost doubled the gov't's revenues because of the increased economic activity. In fact, the budget would have been balanced right then, except that the Democratically-controlled Congress insisted on spending $1.83 for every $1.00 of increased revenues.
Since Clinton left office, it has become known that the 'prosperity' he claims credit for was mostly on paper; and was created in much the same way that Enron, Worldcom, Global Crossing, and other sudden failures created their rosy profit picture.
Face it, the Constitution is a fixed framework; but the economy is a living thing. There is no big pie to be divided up. Each of us makes his own pie. In other words, zero-sum economics is a Marxist pipe dream.
I hear the phrase 'if the money people get to keep is spent'. The only way that money is NOT spent is if someone digs a hole and buries it or tucks it under their mattress. If it is put in a bank, the bank spends it (and gets a very handsome return). If it is invested in the market or in a business, it is still 'spent' (kept in circulation).
Think about this: How many salaries could the tax savings to a company pay?
Ideological...More Liberal BS. Morally, it is wrong for ANYONE to take my hard-earned money and give it to someone else. Even more immoral is using it to buy votes to try to turn this into a Socialist/Communist country.
Get rid of the idea that Something For Nothing is possible; and watch this country prosper. What the HELL do you think got us here (and the USSR whereever it is). Yeah, lots of people claim to hate us; but they still risk their lives to get here. They still turn to us when they need help.
When I was still trying to get back into the computer maintenance field, I was advised by an employment counselor that I might have to make my own job. I did. I was broke and on my ass, but I did that. Nobody was gonna give me a living. Nobody OWED me a living.
Remember this: WE are the economy. WE earn the money. We spend it. Take our money away; and you stifle the economy.
