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Does anyone here believe ANY of the Bush* tax cuts are fiscally responsible?

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Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 02:14 PM
Original message
Does anyone here believe ANY of the Bush* tax cuts are fiscally responsible?
Any of the cuts whether for the middle class or the wealthy..America was doing just fine.. Because of those tax cuts America experienced the Greatest Economic Turn Around in History..They were wrong when virtually every Democrat voted against them and they are even more wrong now..America simply can not afford them.
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Cosmocat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 02:24 PM
Response to Original message
1. it is just innane ...
the "middle class" cuts are just crumbs providing cover for the upper tax cuts ...

They, along with the 2003 divident cuts, have been the worst domestic policy this country has seen in my life by a wide margin ...

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peace13 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 02:32 PM
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2. Just shy of ten years at war and one year of payment.
It is time for Americans to pay up for these wars. Middle class folks will miss the discount but hey, they would have been out on the peace line if they didn't' intend to pay their share, right? On the other hand the top 2% knew that those wars would fill their portfolios and bring financial reward beyond compare. Sorry people it is time to pay up or stop the killing!
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 02:35 PM
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3. Taxes should be raised, doubled, no quadrupled for the wealthy.
They do not pay their fair share, including serving in combat and sacrificing their own lives to maintain their wealth.
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obxhead Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 02:42 PM
Response to Reply #3
4. I'm all for 90% on every penny over 250K. nt
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 07:23 PM
Response to Reply #3
10. Quadrupled?
So from a marginal rate of 31% to 121% (plus FICA pus state income tax plus sales tax). Yeah that makes sense.
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 02:45 PM
Response to Original message
5. We paid Clinton-rate taxes under Clinton
seemed to work okay for the economy and for the deficit.
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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 07:16 PM
Response to Reply #5
7. Bush's "Lets Cut Taxes and Borrow Money to have a Nice War" worked out so well, didn't it?
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Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 04:40 PM
Response to Original message
6. I notice no one that has been bragging about this great deal of Obama's has checked in
Is there anyone in America with any fiscal sanity left at all?
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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 07:18 PM
Response to Original message
8. The middle class ones and lower ones make some sense to me
Rich people don't spend their tax breaks, but middle class people do spend theirs on goods and services.
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 07:21 PM
Response to Original message
9. Correlation is not causation.
Edited on Thu Dec-09-10 07:22 PM by Statistical
We need to end the Bush tax cuts to restore fiscal responsibility and keep the deficit manageable but to claim the Bush tax cuts caused the financial crisis is somewhat silly.

This morning I took a shit and the sun came up therefore me taking a shit causes the sun to come up. If the sun doesn't rise tomorrow I know you will be blaming me so I will try hard.
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Mister Ed Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-10-10 12:26 AM
Response to Original message
11. Even John McCain was indignant when those tax cuts were passed...
Edited on Fri Dec-10-10 12:28 AM by Mister Ed
...asking, "When in our nation's history have we cut taxes in time of war?

He later had to abandon such sensible notions in order to gain the nomination of his wacked-out party.
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