I saved $1.25 at VCB thanks to the tax holiday! God bless Governor Quinn and our compassionate legislators in Springfield!!

(08-16-2010 02:27 PM)Dog Fan Wrote:  I saved $1.25 at VCB thanks to the tax holiday! God bless Governor Quinn and our compassionate legislators in Springfield!!

I'm not in dire straits financially, so I don't know if this really helped a lot of families who are. But to me, this was not fiscally responsible. The original estimate was the state was going to lose $50 million from the tax holiday. How much did the school districts lose from this? Seems to me the negatives will outnumber the positives.

(08-16-2010 05:39 AM)niucob86 Wrote:  Even if, for the sake of argument, I were to concede that the Bush tax cuts would increase the deficit it wouldn't matter. We have a spending problem, not a taxing problem. Giving the goverment more money is like giving an alcoholic more booze to cure himself.

Respectfully disagree. When those who invest pay a max taxrate of 15% vs those who work for a living a pay much higher rates; the tax code favors those who do not work for a living to support themselves.

Gov't does spend too much $ on some things. There is no reason why the USA should have a total defense budget of $1T dollars and have 14 US Army bases in Germany plus 10 US Marine Corp camps in Okinawa(Japan) when Japan and Germany are the 3rd and 4th largest economies in the planet and perfectly capable of defending themselves. Pulling Army & Marine troops out of Japan and Western Europe would save US taxpayers Billions(at least 20% of the total military budget) which should be used to pay down the deficit. This would not weaken our military capability one bit.

The EU is the world's largest economic entity, Japan is #3 and South Korea #15. Between them they have several times the economic might of China, Russia and North Korea. Absolutely no reason why they can't defend themselves.
http://en.wikipedia.org/wiki/List_of_cou...nominal%29

After all we should put American priorities first, we have a military bigger than we need and it's cost is contributing to the deficit.

Your comments regarding the military may be correct, onlinepole. I don't have the knowledge or background to evaluate truthfully. Although I don't have confidence that any surplus would in fact be applied toward the deficit, I must say that I appreciated the cordial tone of your post.

(08-16-2010 02:27 PM)Dog Fan Wrote:  I saved $1.25 at VCB thanks to the tax holiday! God bless Governor Quinn and our compassionate legislators in Springfield!!

Try not to spend all your savings in one place.

(08-16-2010 06:06 PM)onlinepole Wrote:  

(08-16-2010 05:39 AM)niucob86 Wrote:  Even if, for the sake of argument, I were to concede that the Bush tax cuts would increase the deficit it wouldn't matter. We have a spending problem, not a taxing problem. Giving the goverment more money is like giving an alcoholic more booze to cure himself.

Respectfully disagree. When those who invest pay a max taxrate of 15% vs those who work for a living a pay much higher rates; the tax code favors those who do not work for a living to support themselves.
Gov't does spend too much $ on some things. There is no reason why the USA should have a total defense budget of $1T dollars and have 14 US Army bases in Germany plus 10 US Marine Corp camps in Okinawa(Japan) when Japan and Germany are the 3rd and 4th largest economies in the planet and perfectly capable of defending themselves. Pulling Army & Marine troops out of Japan and Western Europe would save US taxpayers Billions(at least 20% of the total military budget) which should be used to pay down the deficit. This would not weaken our military capability one bit.

The EU is the world's largest economic entity, Japan is #3 and South Korea #15. Between them they have several times the economic might of China, Russia and North Korea. Absolutely no reason why they can't defend themselves.
http://en.wikipedia.org/wiki/List_of_cou...nominal%29

After all we should put American priorities first, we have a military bigger than we need and it's cost is contributing to the deficit.

So people who work for a living, and decide to actually invest some of their earnings, rather than just blow it all, should be punished by paying a higher tax rate on their gains? People who invest their income are better able to support themselves later in life, rather than becoming wards of the state, supported by social security funds confiscated from the younger workers.

Then again, maybe you want more people dependant on the government rather than their own achievements. Instead of having a country of self-sufficient individuals living within their means, you would rather have a country full of dependants, constantly clamoring for more government handouts, distrubuted on the whims of political agenda, like Greece. That way you could get more people to vote for the distributors.

You want less ants and more grasshoppers.

Government big enough to supply everything you need is big enough to take everything you have. The course of history shows us that as a government grows, liberty decreases.
— Thomas Jefferson

He's obviously not arguing against investing HJ.

He's suggesting your policy does exactly what you don't want it to. That these people can't invest because they have no money left over after paying such high taxes to support the outrageously expensive US military.

It's easy for those who already have money to suggest to those without it, they should just save money. It doesn't make it realistic though. Maybe next time I go to McDonalds, I'll just tell the guy behind the counter if he would just start saving his money instead of wasting it on high taxes to pay for expensive GOP policies and food for his children, he'd be able to retire some day and wouldn't live off of those of us who are better off. I'm sure he'll appreciate the sound financial advice.

(08-17-2010 11:53 AM)HuskieFan84 Wrote:  He's obviously not arguing against investing HJ.

He's suggesting your policy does exactly what you don't want it to. That these people can't invest because they have no money left over after paying such high taxes to support the outrageously expensive US military.

It's easy for those who already have money to suggest to those without it, they should just save money. It doesn't make it realistic though. Maybe next time I go to McDonalds, I'll just tell the guy behind the counter if he would just start saving his money instead of wasting it on high taxes to pay for expensive GOP policies and food for his children, he'd be able to retire some day and wouldn't live off of those of us who are better off. I'm sure he'll appreciate the sound financial advice.

Expensive GOP policies? What do you call our new 800 billion government health care plan? This McDonalds worker you are referring to is most likely an unskilled entry level worker like the majority of Mc Donalds employees, who should be thankful he even has a job in this Obamanomic economy. Young workers have been among the hardest hit by this recession. Their unemployment rate is much higher than 10%.

He/she might even have a college degree, but can not get a job in his field of study, since Obama's aggressive anti-business economic policies are keeping businesses from taking the risks associated with expansion. Ironically, it is these same youth whose votes helped elect Obama in the first place.

So maybe what you should tell the McDonalds employee is, "Hello, RobertN. How's that hope and change working out for you?".

(08-17-2010 03:23 PM)Huskie_Jon Wrote:  

(08-17-2010 11:53 AM)HuskieFan84 Wrote:  He's obviously not arguing against investing HJ.

He's suggesting your policy does exactly what you don't want it to. That these people can't invest because they have no money left over after paying such high taxes to support the outrageously expensive US military.

It's easy for those who already have money to suggest to those without it, they should just save money. It doesn't make it realistic though. Maybe next time I go to McDonalds, I'll just tell the guy behind the counter if he would just start saving his money instead of wasting it on high taxes to pay for expensive GOP policies and food for his children, he'd be able to retire some day and wouldn't live off of those of us who are better off. I'm sure he'll appreciate the sound financial advice.

Expensive GOP policies? What do you call our new 800 billion government health care plan? This McDonalds worker you are referring to is most likely an unskilled entry level worker like the majority of Mc Donalds employees, who should be thankful he even has a job in this Obamanomic economy. Young workers have been among the hardest hit by this recession. Their unemployment rate is much higher than 10%.

He/she might even have a college degree, but can not get a job in his field of study, since Obama's aggressive anti-business economic policies are keeping businesses from taking the risks associated with expansion. Ironically, it is these same youth whose votes helped elect Obama in the first place.

So maybe what you should tell the McDonalds employee is, "Hello, RobertN. How's that hope and change working out for you?".

Wow. I don't know what world HJ is living in but it certainly isn't this one. Many young workers are unemployed because many of the traditional jobs for that group(ie McDonalds, retail, etc) are increasingly being taken by people who have degrees or have lost a higher paying job(many of these people are working 2-3 jobs) severely limiting available positions for the younger worker. Thanks for the shot at me HJ but I don't work at McDonalds. Btw, why do you hate poor people? Oh, and please try thinking for yourself and stop posting Republican talking points about Obama.