History has proven Obama wrong. Raising taxes lowers GDP. Why do you still support anti-economic principles?

Question

Make sure to note, as you follow the nominees in the current presidential contest, where they stand on taxes and which of them will be good for GDP and therefore increased tax revenues.

If that can be achieved it will also be up to our next chief executive to be both vigilant and consistent in slapping down pork barrel and wasteful spending by the Congress. Obviously putting the wrong person in the Oval Office can easily drive our economy and thus tax revenues to very low levels. Not a good idea.

The historical record of the function of revenues as a percentage of GDP dictates that the focus be on growing GDP. The historical record of the far left is tax, tax and tax. The historical record of high taxation is diminished GDP.

OK class now repeat after me: only growing GDP will grow tax revenues. Anything else equates to a tax revenue decline.

This is a no brainer. Thus the far left will not get it!

http://greensrealworld.blogspot.com/2008/06/raise-gdp-to-raise-tax-reven

Answer 1

You are a very silly man. We are trying a new global economic

concept that we have never tried before, the old rules do not transfer over perfectly. This is obvious by the fact we can still have unemployment rates under 6% yet the country feels like it is in a recession and people are starting to talk about a possible depression.  

You are one of the same idiots that has been preaching for the past 2 years that the gas prices are due to supply and demand and that the economy is in excellent shape. You've based these simple azz concepts of off text books and X's and O's. You have to apply the economic theories to the real life situations of the day, it does not cross over perfectly 100%

Answer 2

Sorry.  I am so weary of these two Bush administrations I can't see my way clear to voting for candidates with an " R " after their names.

Too many acts of criminality and bad faith lead me to believe a Repubican is never going to be of any value if elected to office.

I hold them accountable for the stolen election of 2000 and no, I will not " get over it" .

I hold them accountable for Bush's war.

I hold them accountable for damage to

our Constitutionally protected freedoms.

And I hold them accountable for not respecting the rule of law.

Answer 3

Don't need history Obama proves Obama wrong, h**l he can't stay on message 5 minutes without changing his mind.

As you have stated. You can't increase GDP. by increasing

taxes on the business owners. I will try and lay this out again.

1. I own three company's. The major and flag of my little

operation is my Agri facilitys, Cattle, Poultry, Horses,

and Live stock hauling(27) trucks.

2. Law Enforcement company products manufactuer.

3. Green products marketing company.

237 Employees in 3 States.

Should I get a notice from the dept of commerce, and my

accounting firm. that the Feds are raising across the board

my CG, Tax. And My Corparate Tax. And should they take

away my incentives. And cut back my marketing incentives

to stay competative in a global market and here at home.

2 things are going to happen immediately.

Memos will be sent to all employees. That do to the loss

of incentives, and do to higher taxes on the bottom line

and overall business. They need to consider other places

of employment. Now surely Im not closing completely,

however out of the 237, 150 people would be let go.

So Senator Obama Im going to give then all air fare to DC.

If your the d**n fool doing this. And tell them sit in front

of the dead house, and wait for the man to come out, that

caused them to lose there Jobs. Smart move socialist.

Answer 4

For every economist there is a different macro-economic model.

How can anyone think that the GOP is good for the GNP?

Have you learned nothing in eight years?

Answer 5

Asking questions like this to democrats is like beating a dead horse, most don't understand anything to do with his policies.

Answer 6

As long as he plays the Uncle Tom card and sings and dances for the white liberals he'll get voted in along with the uneducated alike

Answer 7

Well, didn't Bush LOWER taxes?????

That is a no brainier when you look at the state of America.

It didn't work.

And seeing that it didn't work and I Voted for Bush, I would now have to try option 2.

Answer 8

Because GDP is only one measure (and a very broad one) to gauge economic health.

Try taking a macro economics course.

Answer 9

I can't freely answer to your question

because if I do then all low life they will report me

and my account will be suspended

Americans kill the freedom of speech...

Answer 10

I agree with you 100%

Only problem is "they" just won't get it. "They" are too blinded by the light of their "Yes We Can" man.

It's a shame.

Want to see what Obama supporters know about his "changes"?

Check out this video. It's pretty obvious.

http://www.youtube.com/watch?v=3wPDg9y_b...

God Bless America and Her People!

God Bless Our Brave Troops!

"The ego is a self-justifying historian, which seeks only that information that agrees with it, rewrites history when it needs to, and does not even see the evidence that threatens it."

-Anthony G. Greenwald

Answer 11

Your comments on GDP/revenues/etc are so far off point they can only come from Fixed News or the RNC.

Here is why:

-the tax policies enacted under Reagan and Bush resulted in annual deficits and an increase in the national debt.

-any "created growth" was because we borrowed and spent tomorrow's money today.  Any fool can increase his standard of living, in the short term, if he borrows against next year's income and spends it this year.

-what you posted does not address is the NET effect.  

-it is ironic that you say history has proved Obama wrong.  Obama has never been the president. The voodoo economics experiment of Reagan and Bush have both been proved (see link below) to increase the deficit.  The people who fed this post to you either played you or lied to you.

-unless we stop the neocon garbage in November the debt will continue to spiral upward

-BTW, I am a REPUBLICAN, so sick of the lies of Bush and the neocons that, yes, I will vote Obama.  My children deserve a better world than the neocons will leave them.

Liars must be defeated.  I may, emphasis may, return to the Republican fold when we rid the party of the spendthrifts currently in control.

EDIT: All the thumbs down in the world will not pay the debt/interest carry run up by the most incompetent administration in history.

Answer 12

Both candidates are c**p!  Vote third party!  Bob Barr seems appealing to me because he is similar to Ron Paul who is no longer running.

Meanwhile, I'm a proud supporter of the Ron Paul Revolution!