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Tax question
#52
vector Wrote:why is going back to bush's 2 and reagan's trickle down policy is going to work
it didn't work then we have have tryed them since 1980 they don't work

Reagan's presidency oversaw the most jobs created as compared to population of any president in modern era. Numbers vary in the official tally from about 18 million to 24.8 million. Yes, thats more than Billy Boy created when you take population into consideration. By cutting taxes as Reagan did (remember Democrats WROTE that bill), government revenue effectively doubled during his 8 years. GDP growth averaged 2.77% even AFTER you factor in the double dip recession, 21% interest rate and double digit inflation. Including years of the highest growth this side of WW2. Interest rates were down to 10% by the time he left office, inflation was a non factor, and 20 million people found jobs.

Under Bush, it wasn't really that big of a trickle down plan. Reagan absolutely slashed rates from I believe 70% (yes you read that right), down to 28% by the time he left office. Bush on the other hand cut rates from 39% to 35% haha. Not that big when you think about it that way.

Under the Obama plan, if the republicans refuse to raise taxes on the wealthy, he will allow massive tax increases on everyone else. Thats you included. And when you question 'going back to Bush's" plan.... ask Obama that question. He has followed the Bush plan for 4 years now, and went further into Social Security with a massive tax cut there on top of keeping the old plan. Your boy must believe in it. Or else he would have never said, "we should not raise taxes on anyone..."

You have no grasp or understanding of economics. They must not teach it in high school these days. And you certainly weren't around in the 80's to see the massive expansion of the economy.
Messages In This Thread
Tax question - by crazytaxidriver - 10-11-2012, 09:55 PM
Tax question - by judgementday - 10-12-2012, 08:28 AM
Tax question - by crazytaxidriver - 10-12-2012, 10:07 AM
Tax question - by crazytaxidriver - 10-12-2012, 10:08 AM
Tax question - by Granny Bear - 10-12-2012, 10:17 AM
Tax question - by crazytaxidriver - 10-12-2012, 10:23 AM
Tax question - by ronald reagan - 10-12-2012, 10:25 AM
Tax question - by Granny Bear - 10-12-2012, 10:29 AM
Tax question - by crazytaxidriver - 10-12-2012, 10:34 AM
Tax question - by crazytaxidriver - 10-12-2012, 10:35 AM
Tax question - by ronald reagan - 10-12-2012, 10:38 AM
Tax question - by crazytaxidriver - 10-12-2012, 10:41 AM
Tax question - by Granny Bear - 10-12-2012, 10:42 AM
Tax question - by Granny Bear - 10-12-2012, 10:45 AM
Tax question - by Granny Bear - 10-12-2012, 10:46 AM
Tax question - by TheRealVille - 10-12-2012, 10:48 AM
Tax question - by crazytaxidriver - 10-12-2012, 10:48 AM
Tax question - by Granny Bear - 10-12-2012, 10:52 AM
Tax question - by Granny Bear - 10-12-2012, 10:55 AM
Tax question - by TheRealVille - 10-12-2012, 10:55 AM
Tax question - by WideRight05 - 10-12-2012, 11:04 AM
Tax question - by crazytaxidriver - 10-12-2012, 11:05 AM
Tax question - by Granny Bear - 10-12-2012, 11:12 AM
Tax question - by RunItUpTheGut - 10-12-2012, 11:53 AM
Tax question - by crazytaxidriver - 10-12-2012, 12:49 PM
Tax question - by TheRealVille - 10-12-2012, 12:59 PM
Tax question - by WideMiddle03 - 10-12-2012, 01:02 PM
Tax question - by crazytaxidriver - 10-12-2012, 04:32 PM
Tax question - by ronald reagan - 10-12-2012, 04:55 PM
Tax question - by vector - 10-12-2012, 06:24 PM
Tax question - by nky - 10-12-2012, 09:26 PM
Tax question - by TheRealVille - 10-12-2012, 10:16 PM
Tax question - by ronald reagan - 10-12-2012, 10:24 PM
Tax question - by RunItUpTheGut - 10-13-2012, 12:20 AM
Tax question - by crazytaxidriver - 10-13-2012, 02:02 AM
Tax question - by crazytaxidriver - 10-13-2012, 02:03 AM
Tax question - by vector - 10-13-2012, 06:41 AM
Tax question - by Hoot Gibson - 10-13-2012, 09:37 AM
Tax question - by TheRealThing - 10-13-2012, 11:42 AM
Tax question - by ronald reagan - 10-13-2012, 12:33 PM
Tax question - by ronald reagan - 10-13-2012, 12:36 PM
Tax question - by Harry Rex Vonner - 10-13-2012, 01:00 PM
Tax question - by TheRealThing - 10-13-2012, 02:26 PM
Tax question - by WideMiddle03 - 10-13-2012, 04:35 PM
Tax question - by TheRealThing - 10-13-2012, 04:39 PM
Tax question - by ronald reagan - 10-13-2012, 11:02 PM
Tax question - by vector - 10-14-2012, 07:26 AM
Tax question - by Bob Seger - 10-14-2012, 09:01 AM
Tax question - by vector - 10-14-2012, 09:06 AM
Tax question - by Bob Seger - 10-14-2012, 09:58 AM
Tax question - by vector - 10-14-2012, 10:35 AM
Tax question - by ronald reagan - 10-14-2012, 10:48 AM
Tax question - by ronald reagan - 10-14-2012, 10:50 AM
Tax question - by vector - 10-14-2012, 11:00 AM
Tax question - by Harry Rex Vonner - 10-14-2012, 11:17 AM
Tax question - by ronald reagan - 10-14-2012, 11:28 AM
Tax question - by TheRealThing - 10-14-2012, 01:50 PM
Tax question - by Bob Seger - 10-14-2012, 02:45 PM
Tax question - by TheRealVille - 10-14-2012, 07:56 PM
Tax question - by TheRealThing - 10-14-2012, 10:03 PM
Tax question - by Hoot Gibson - 10-14-2012, 10:09 PM
Tax question - by ronald reagan - 10-14-2012, 11:13 PM
Tax question - by ronald reagan - 10-14-2012, 11:15 PM
Tax question - by Wildcatk23 - 10-14-2012, 11:47 PM
Tax question - by TheRealVille - 10-15-2012, 06:04 PM
Tax question - by Hoot Gibson - 10-15-2012, 07:02 PM
Tax question - by jetpilot - 10-15-2012, 07:09 PM
Tax question - by WideRight05 - 10-15-2012, 07:47 PM
Tax question - by jetpilot - 10-15-2012, 10:56 PM
Tax question - by WideRight05 - 10-15-2012, 11:06 PM
Tax question - by jetpilot - 10-15-2012, 11:11 PM

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