Why cut taxes?

[Jeff Lebowski]

By definition, I suppose, it is an argument over meaning and thus one over semantics. But it is not a meaningless distinction. The burden of persuasion should always be on the government (or other advocate for taxes) when my property is being taken. Discussions of taxes should never start with the premise that it is the government's money.

I see arguments all the time on FB that taxation is theft. Crazy talk. There is not a single one of us that does not benefit from the structure provided by society and the government in terms of roads, police protection, rule of law, etc. You cannot earn "your money" without operating in that system and benefiting from it. None of us exists in an independent, self-sustaining vacuum. We can argue over how much taxation is necessary/proper, but the notion that it is all your money and your "property is being taken" is baloney.

[creekster]

Mostly I think it is a silly argument over semantics.

By definition, I suppose, it is an argument over meaning and thus one over semantics. But it is not a meaningless distinction. The burden of persuasion should always be on the government (or other advocate for taxes) when my property is being taken. Discussions of taxes should never start with the premise that it is the government's money.

[Jeff Lebowski]

LOL @ Americans for ceding the tax rate advantage to Canada for a whole decade.

https://tradingeconomics.com/canada/corporate-tax-rate

https://tradingeconomics.com/united-...orate-tax-rate

The party is over, hoser!

[beefytee]

LOL @ Canadians.

LOL @ Americans for ceding the tax rate advantage to Canada for a whole decade.

https://tradingeconomics.com/canada/corporate-tax-rate

https://tradingeconomics.com/united-states/corporate-tax-rate

[Jeff Lebowski]

So you disagree? You think it isnt your money? That’s your right but I prefer to keep ownership straight. I also dont want to “pile up federal debt” but I resent someone telling me that it is a government handout (especially given that I project to pay more in taxes next year).

Mostly I think it is a silly argument over semantics.

[creekster]

Amazing how many people make this argument about "keeping your money" while piling up federal debt that their grandkids will have to pay off.

So you disagree? You think it isnt your money? That’s your right but I prefer to keep ownership straight. I also dont want to “pile up federal debt” but I resent someone telling me that it is a government handout (especially given that I project to pay more in taxes next year).

[Jeff Lebowski]

Keeping more of MY money is not the same as giving people free stuff.

If the budget is not balanced, you are not "keeping more of your money". You are spending more of your grandkids' money. Freeloader.

[Crockett]

Exactly.

Wasn't Crocket complaining recently about democrats buying votes via entitlements? Aren't republicans basically doing the same thing? He must be furious.

Keeping more of MY money is not the same as giving people free stuff.

[byu71]

what do they think about paying it back in the future

I didn't ask.
I do know if the Republican started working on entitlement reform Nancy and Chuck would really lose it. Might even show ads shoving granny off of a cliff.

[Jeff Lebowski]

LOL @ Canadians.

[Uncle Ted]

I agree with the corporate rate cut. Long overdue.

O Canada agrees!

Trump’s tax tsunami is about to wallop Canadian jobs and investment

A tax tsunami is set to wallop the global economy this week as the U.S. proceeds with its most extensive tax package since 1986. U.S. tax reform will have an immense impact on the global economy, not just in terms of investment but also corporate bond flows and the distribution of government tax revenues. As America’s largest trading partner, Canada’s economy is about to get heavily side-swiped.

[...]


[...]

http://business.financialpost.com/opinion/jack-mintz-trumps-tax-tsunami-is-about-to-wallop-canadian-jobs-and-investment

To my friends to the North...

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[Jeff Lebowski]

Is Rosie dead yet?

[Uncle Ted]

The problem with just a corporate rate reduction is that the Democrats would spin it as corporate welfare, regardless of whether or not it was the right thing to do to make the USA more competitive in the world market.

Damn that corporate welfare... it just made Boeing drop $300M on its employees and charity!

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[Jeff Lebowski]

What is another trillion and a half (over Drumpf's 7 more years in white house and then some) when Obama and Bush Jr. added about $14 trillion to the debt during their white house stay (Obama $7.92 trillion and Bush Jr. $5.85 trillion)?

Thank you, Uncle Whatabout.

[Uncle Ted]

Amazing how many people make this argument about "keeping your money" while piling up federal debt that their grandkids will have to pay off.

What is another trillion and a half (over Drumpf's 7 more years in white house and then some) when Obama and Bush Jr. added about $14 trillion to the debt during their white house stay (Obama $7.92 trillion and Bush Jr. $5.85 trillion)?