Two Thirds Of the People Think Tax Cuts Would Help the Economy

• March 27, 2009

Of course the greedy public sector disagree.

Democrats in the Senate are talking of cutting back President Obama’s pledge of tax cuts for most Americans in the face of record deficits. But 63% of U.S. voters now say tax cuts would help the economy, according to a new Rasmussen Reports national telephone survey.
That’s up from 56% in February and marks the highest level found in years of tracking this question. Scott Rasmussen has posed this polling question regularly since the mid-nineties and Rasmussen Reports now tracks it on a monthly basis.
Only 13% say tax cuts would hurt the economy, down from 16% a month ago.

This is just another example of the disconnect between the political class (who only really care about the public beneficiaries) and the part of the country that actually produces things.
Those people need to be told firmly that they need to produce for themselves. They no longer are going to get paid for sitting at home or at a make work job. The savings will go a LONG way to restoring our country to the economic leadership that the US has enjoyed in the past.

Tags: Economy

http://Array SigFan

I’m sorry Sig, after reviewing your clear reasoning I can see how wrong I was.

Glad I could help – although trying to think like a liberal (if you can call it thinking) gave me a headache. I guess that there are times when the obvious is just too obvious. The staggering thing about this though is despite a sizable and growing majority of people, some of whom probably actually voted for Obama recognizing the simplicity and truth of how tax cuts might be a part of the solution, the dimbulbs in DC will just ignore them and continue the march to economic justice, whatever the hell that means.
http://sayanythingblog.com/ likwidshoe

Beware of the man who decries wealth. It is the leper’s bell of the approaching looter.
http://sayanythingblog.com/entry/america_is_back/#c397018 Dino2

No, much of the money goes for unnecessary programs or is simply sucked up in the bureaucracy of programs that are worthwhile.

More conservative fantasy.
Anthony

so how many people got a tax break in the stimulus package, bat one?

I got more money on my last check than usual. Oh, that was overtime.

I don’t see the libs in hear claiming that the “masses” will rise and (insert favorite form of mistreatment/torture here) to the elitist republicans.

Does that have something to do with the article containing proof that conservatives are winning the day?
rob617

Reality, history shows tax cut stimulate the economy and increase revenue, check out the Bush tax cuts and Regan tax cuts, both times the US increased revenue by cutting taxes. The only reason i could possibly happen is those dollars got spent, not just by the person recieving the tax cut, but each business or idividual keeps spending that dollar over and over.
Bat One

so how many people got a tax break in the stimulus package, bat one?

crshedd,

That “stimulus bill” you’re so foolishly enamored of, The American Recovery and Reinvestment Act, or ARRA, is found here.

Please be good enough to point out exactly where that “tax cut for 95% of Americans” is located. If you’ll show me where it is, I’ll be glad to admit my error in questioning what you’ve said, OK?
FlyOnTheWall

…and could be somewhat successful if they got
their heads out of their asses types.

Know a guy that got fired from his govt job for trying to do what they hired him to do. They really wanted people to fill out and file paperwork about what should be done. The Solitaire Samurais got by just fine without problems.
http://SayAnythingBlog.com The_Whistler_ofnd

Do you stems still believe that old story? Do you still believe that 90% of the tax you pay goes to welfare?

No, much of the money goes for unnecessary programs or is simply sucked up in the bureaucracy of programs that are worthwhile.
ews48

When Obama gets his budget passed, it will include carbon taxes to finance his programs. Your utility bill will go up around $130 per month, you will pay $1.25 more federal tax on a gallon of gas, and most of the food that you eat will have an additional federal tax.

So how much was that tax cut that 95% of the population got?
http://northerngleaner.blogspot.com/ Gene

Early in the crisis I proposed that all SS, Medicare, Withholding, Income tax responsibility and sales taxes be suspended for ONE YEAR.

You could hire someone by agreement and nothing else. No papers to file.

In a year things would be huge. We would be out of this mess and things would be getting better already.

And it would be cheaper than what we ended up with.
FlyOnTheWall

No, much of the money goes for unnecessary programs or is simply sucked up in the bureaucracy of programs that are worthwhile.

Don’t forget AIG and FannieMae corporate welfare / payoffs. Always classics.
Mickey

After all why not take money from productive people and give it to non-productive people.

You could give the dinobrainstems 100% of your money and they still could not buy a clue.
Mickey

I’d like to see a 3 month moratorium on ALL income tax. Allow everyone to keep all their salary for this short period of time. Then sit back and watch the economy grow.

Second, I’d like to see the capital gains tax dropped all together. This would rocket participation in the stock market to levels never seen before.
Bat One

obama’s tax cut was signed into law with the stimulus package. that is a tax cut for 95% of americans.

If you actually believe that, I’ve an orange grove just outside of Fargo that would make a great addition to your investment portfolio.
FlyOnTheWall

Early in the crisis I proposed that all SS, Medicare, Withholding, Income tax responsibility and sales taxes be suspended for ONE YEAR.

As bad as the actual taxes are, I think the cost of compliance in time and money is worse. Your idea of eliminating tax AND paperwork is good but would never happen. After one year the revolt of the masses against re-instituting the mess would be unbearable.
welder4

Then 2/3 of the people are right
http://sayanythingblog.com/entry/america_is_back/#c397018 Dino2

After all why not take money from productive people and give it to non-productive people.

Do you stems still believe that old story? Do you still believe that 90% of the tax you pay goes to welfare?

No wonder you have such a hard time with complex issues. You’re profoundly ignorant of facts.
SigFan

Let’s see if I understand this. Lower taxes = more money in the hands of businesses and consumers = more spending and production resulting in driving up demand for goods and services resulting in more jobs and more disposable income resulting in more money in the hands of businesses and consumers …

Nah, it’ll never work! What we really need is to take all the money away from all the private citizens and businesses, transfer it to the government who can then spend it as they see fit (because they are much smarter and more efficient than we are) and give you your stipend for being a good citizen. Much better.
Bat One

Beware of the man who decries wealth. It is the leper’s bell of the approaching looter.

The secular sinner who buy his redemption with other people’s money.
http://SayAnythingBlog.com The_Whistler_ofnd

I’m sorry Sig, after reviewing your clear reasoning I can see how wrong I was.

After all why not take money from productive people and give it to non-productive people.

Obviously the productive will learn and become non-productive as well.

It really helps if you demonize them as well.
robert108

Tax rate cuts have worked every time they have been tried. In view of the fact that they also increase revenues to the Treasury, one might ask why the big govt types don’t support them as well. Try to get a leftie to give an honest answer to that question!
Bat One

I wonder why it is that two-thirds of the people think that reducing taxes would stimulate economic growth? It couldn’t be that doing so in the past has had that effect, could it? Calvin Coolidge, John F. Kennedy, Gerald Ford, Ronald Reagan, Bill Clinton, and George W. Bush all cut tax rates in order to stimulate the economy, and in each case it did exactly that!

Meanwhile, those who oppose cutting tax rates to stimulate economic growth have no better argument to offer than their baleful braying about budget deficits… as if that actually matters to them.

Cutting tax rates works. Monstrous Keynesian deficit spending doesn’t. Period.
crshedd

so what is your point?

obama’s tax cut was signed into law with the stimulus package. that is a tax cut for 95% of americans.

are you saying that only tax cuts for the 5% and corporations put more money in american’s hands?

did those 2/3rds say only tax cuts work if business and the top 5% get them? or did they say tax cuts will help generally speaking?
sayanything-5371

obama’s tax cut was signed into law with the stimulus package. that is a tax cut for 95% of americans.

How do you have a tax cut for 95% of Americans when 40% of Americans pay no tax at all? How does that work?

The answer is that it is a lie. 40% will get a tax credit, which is redistribution of wealth. To pay for this redistribution of wealth Obama will increase taxes on first the wealthiest, and later those less wealthy.

Keep in mind that corporations, those companies that provide the goods you consume do not pay taxes. Well, they do, but they build the taxes they must pay into the prices of the goods they sell. In other words the consumer pays the taxes. In other words the cost of everything you buy will go up. Also, since Obama is printing more money to cover his spending spree he is thereby devaluing the dollar. This will cause inflation which in effect is another tax on the consumer to pay for the stimulus package. The ways in which you will have to pay for Obama’s social engineering are many and never ending.

Obama is the guy who gets a free pass into the country club and is behind you all the time waiting for you to bend over and pick up the soap.
http://www.acaiberry-diet.org/ alagausun

I agree with this statement “much of the money goes for unnecessary programs”
SigFan

I’d like to see a 3 month moratorium on ALL income tax. Allow everyone to keep all their salary for this short period of time. Then sit back and watch the economy grow.

That would have quite an impact indeed. Imagine though how much people would be royally honked-off when they had to go back to giving the government their pound of flesh. A reduction in cap gains to 10% would have nearly as much effect on the market and would bring untold amounts back to wipe out the deficits. Of course, this would mean that people who risk their capital to try to make more would benefit making the “rich” even “richer” and we wouldn’t want that now would we?
crshedd

so how many people got a tax break in the stimulus package, bat one?
ews48

John Kerry sums it up. He thinks that you’re too stupid to spend your own money.

http://www.youtube.com/watch?v=_6ZjACqdEW0&eurl=http://fuckitdoitlive.blogspot.com/&feature=player_embedded
http://suitepotato.blogspot.com/ sayanything-4808

Massive amounts of the money go to bureaucrats who are politically connected. They act as party boosters for the Dems, they go out an canvass, they advocate for the party, and are usually the useless unable to do anything else but be minor hangers on functionary sorts, and since they aren’t beautiful and entertaining enough to be in a Hollywood entourage, and they are too mediocre to handle private sector white collar jobs well, they end up in government service.

It’s welfare. Welfare for the already reasonably well-heeled, at no danger of being poverty-stricken, and could be somewhat successful if they got their heads out of their asses types. Nothing they do generates income or advancement for the nation, they only represent a cost not an investment. They exist to shuffle papers, circulate memos, send emails, tell other people what to do, be there for someone above them to feel powerful by telling them pointless things to do.

Sadly Dino, you yourself aren’t even competent to the level of mediocrity to achieve such a position. No wonder you hate the private sector where tasks and output and deliverable measurable returns on the cost of you are standard and mediocrity is seen as a danger to be gotten rid of. You’re not even good enough for government work. This explains a bit.
http://www.goarticles.com/cgi-bin/showa.cgi?C=2020535 frankdryfus

Then what I want to know is what is wrong with that 1/3 of people? Are they that blind?

SayAnythingBlog.com

Two Thirds Of the People Think Tax Cuts Would Help the Economy

Create a SAB Readerblog

Recent Comments