Off-Topic: Response to help you
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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   Response to help you
Date:   2/11/2009 6:08:38 AM

We do know that tax cuts have stimulated the economy and caused businesses to invest that also creates jobs. Small businesses are the biggest job creators and guess what the dems would not agree to that the republicans wanted .... yup investment tax credit for small businesses that Bush had in his tax cut that is proven to work and create jobs. Odd the liberals would not go along with helping small businesses and an area that will create jobs.

I believe the answer why they the dems did not want to support is that many high income earners are also small business earners and since the dems want to limit peoples income and redistribute wealth they would not go along.

The thing with tax cuts .... as swimmer pointed out, that creates confidence and gets people spending and buying larger items like cars because they feel richer and know it is coming in every pay check vs a one time check to a select few. That is why tax cuts at higher income levels work because they are the biggest spenders and already the largest share of taxes.

Most tax cuts for business ONLY come about if they invest, which by default creates jobs. No investment, no tax credit. So I guess you are partially right that they could approve tax cuts and no one still spends money and businesses do not invest to get the tax credit .... but highly unlikely.

The key is tax cuts have been proven to work ... the Obama spending plan has proven not to work. The bank crisis compounded the recession after 6 years of growth. But tax cuts did not cause the bank crisis ... that was caused by bad policy put in place by the democrats.

One last thing ... when Bush's tax cuts worked and created jobs, all the dems were saving they were low income jobs (which now we know that they were not) ... but I wonder what the dems will say about any jobs created from this BS spending plan. Do you think the 4 million jobs that will not be created are all thought to be middle income jobs?
Other messages in this thread:View Entire Thread
Pres. O's Press Conference - lotowner - 2/10/2009 8:05:20 AM
     Pres. O's Press Conference - water_watcher - 2/10/2009 1:37:34 PM
          Pres. O's Press Conference - Jim Dandy - 2/10/2009 3:09:46 PM
               Sorry- Off Topic but, - lamont - 2/10/2009 3:17:10 PM
                    Sorry- Off Topic but, - water_watcher - 2/10/2009 6:21:41 PM
     Why should he? - MartiniMan - 2/10/2009 5:27:55 PM
          Why should he? - Talullahhound - 2/10/2009 5:51:55 PM
               Why should he? - water_watcher - 2/10/2009 6:30:53 PM
                    Why should he? - Talullahhound - 2/10/2009 8:47:08 PM
                         this shows your ignorance - Swimmer27 - 2/10/2009 9:58:15 PM
                         Response to help you - water_watcher - 2/11/2009 6:08:38 AM
                         Please tell me - MartiniMan - 2/11/2009 9:19:58 AM
                         It worked with Reagan - MartiniMan - 2/11/2009 9:22:13 AM
                              I'm not convinced - Talullahhound - 2/11/2009 6:22:02 PM
                                   Obama misses - water_watcher - 2/11/2009 7:47:50 PM
                                        Obama misses - Talullahhound - 2/11/2009 8:29:07 PM
                                             Obama misses - Swimmer27 - 2/12/2009 7:51:27 AM
                                   Do you realize - MartiniMan - 2/12/2009 11:48:48 AM
                                        You got me Wrong - Talullahhound - 2/12/2009 6:06:47 PM
                                             You got me Wrong - MartiniMan - 2/13/2009 3:03:21 PM
          Why should he? - cobra - 2/10/2009 8:24:56 PM
     Pres. O's Press Conference - PikeSki - 2/11/2009 3:20:45 PM
          Pres. O's Press Conference - water_watcher - 2/11/2009 7:49:30 PM



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