Why cut taxes?

[byu71]

PAC is right, there were tons of loopholes. It was a great time for tax attorneys and tax accountants. The 1986 tax revision actually took away a lot of benefits for real estate as I remember. Maybe oil and gas shelters also took a hit.

[Uncle Ted]

Why the condescending attitude?

You appear to prefer a robust social welfare state. I prefer one that is more limited and stays within its means. I'm concerned about where we are at and the direction we are headed. Current, discretionary spending including defense spending total roughly 1/3 of our annual federal expenditures. The rest is entitlement spending. We keep kicking the can down the road, but something that can't last won't. We are heading for a grave financial crisis, sooner or later. When I add up my federal, state, and property taxes, it's more than a third of my income. I think that's too much. Excuse moi if I voice my concerns in this forum.

State taxes? But what about that damn sales tax that keeps me buying things on-line and out of my state? Oh wait, you are from Orygun. It must be nice just shopping at the local walmart all the time.

[Goatnapper'96]

Makes perfect sense.

"Hey, let's try to suck as a rock band so that we aren't so rich and famous."

Most Rush fans I know are total nerds.

I guess if one just makes it big they can just put up barriers to keep oneself intact!

[Jeff Lebowski]

Why the condescending attitude?

You appear to prefer a robust social welfare state. I prefer one that is more limited and stays within its means. I'm concerned about where we are at and the direction we are headed. Current, discretionary spending including defense spending total roughly 1/3 of our annual federal expenditures. The rest is entitlement spending. We keep kicking the can down the road, but something that can't last won't. We are heading for a grave financial crisis, sooner or later. When I add up my federal, state, and property taxes, it's more than a third of my income. I think that's too much. Excuse moi if I voice my concerns in this forum.

I don't prefer a welfare state. I am fiscally conservative. I consider myself an independent, but I vote republican more than democrat.

But your earlier post I quoted was uber-partisan hyperbole. It is the equivalent of stating that all republicans hate minorities and poor people.

[smokymountainrain]

Oh, ok.

I am condescending because I am a jerk.

[Jeff Lebowski]

I quoted the wrong post. sorry! meant to quote this one:

http://www.cougarstadium.com/showthr...=1#post1340383

Oh, ok.

I am condescending because I am a jerk.

[BlueK]

It's actually kind of comical seeing how utterly inept the GOP is at being the party in the majority. They have no idea how to do it. They need to just forget Trump and pass what they want and send it to his desk to sign. But they appear to keep looking over at him for the kind of leadership he is completely unable to provide since he contradicts himself and changes his mind every five minutes like a six year old. And a lot of them are going to find they're following him right into being voted out of office next year.

[smokymountainrain]

What question?

I quoted the wrong post. sorry! meant to quote this one:

http://www.cougarstadium.com/showthr...=1#post1340383

[Jeff Lebowski]

you didn't answer the question.

What question?

[smokymountainrain]

Oh I am definitely a nerd. But I don’t like rush.

you didn't answer the question.

[old_gregg]

Knock yourself out, champ!

communist!

[Jeff Lebowski]

Why the condescending attitude?

You appear to prefer a robust social welfare state. I prefer one that is more limited and stays within its means. I'm concerned about where we are at and the direction we are headed. Current, discretionary spending including defense spending total roughly 1/3 of our annual federal expenditures. The rest is entitlement spending. We keep kicking the can down the road, but something that can't last won't. We are heading for a grave financial crisis, sooner or later. When I add up my federal, state, and property taxes, it's more than a third of my income. I think that's too much. Excuse moi if I voice my concerns in this forum.

Knock yourself out, champ!

[Jeff Lebowski]

Says the guy who runs an internet message board...

Of course I happen to be both typing on said message board and listening to Rush at the same time, so I probably prove your point.

Oh I am definitely a nerd. But I don’t like rush.

[Crockett]

Oh boy. We got a live one.

Why the condescending attitude?

You appear to prefer a robust social welfare state. I prefer one that is more limited and stays within its means. I'm concerned about where we are at and the direction we are headed. Current, discretionary spending including defense spending total roughly 1/3 of our annual federal expenditures. The rest is entitlement spending. We keep kicking the can down the road, but something that can't last won't. We are heading for a grave financial crisis, sooner or later. When I add up my federal, state, and property taxes, it's more than a third of my income. I think that's too much. Excuse moi if I voice my concerns in this forum.

[happyone]

good stuff cowboy, about the only differences I have is with capital gains and SS taxes. Philosophically I would treat all income as income. Make the decision to sell an asset an economic rather than a tax reasons. Also I would completely remove the cap on SS taxes.