Kerry is another millionair who just.....

This raises the question of how much taxation is fair. I guess it depends on who you are. The only fair taxation I see is the flat tax at an agreed %. "Agreed by whom?' you say. Well that's a toughie. I don't trust our politicians or the American people to think rationally, so I am guessing this is one of the main stumbling blocks preventing this from moving forward.

 

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zanket....... You say that Kerry wants to lower taxes but guess what,this is what Kerry already has voted on.......

"John Kerry has voted for higher taxes 350 times and his numbers for new spending don't add up," said Steve Schmidt, a Bush campaign spokesman. "His campaign-trail promises mean he is going to raise taxes by at least $900 billion." It is the first time the Bush campaign has put a number on tax hikes it says Kerry favors.

 

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Kerry's record is irrelevant to what his program on taxes are going to be. It's all pretty and nice to spew out numbers but you have to understand the context of the vote to understand why he did it. Kerry has shown that he will preserve the middle class tax cut and get rid of the high end one. That would not make up the shortfall sadly the US will still be in deficit.

 

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I'm so happy! I can get $300 nifty dollars off these wonderful tax cuts! Now I can finally buy my dream car thanks to the best president ever! I don't care that if every American saves $300 dollars from taxes it will take away $37,500,000,000 from the government. That money doesn't go towards anything anyways, except for those fatcat's wallets, right, right, right?

 

well I'm sure none of it goes towards social security or medicare, right? Heck, those sorts of things are for pansys any way, its a good thing the tax cuts are going to eliminate them! If you grow old without being able to suport yourself, you probably werent a republican anyway, am I right? And medicare is almost like socialism, evil filthy dirty socialism *shiver*

 

The cops and ambulances are also signs of socialism... oh the horror;/

 

Those shameless vultures, fixing up people and solving crimes on my dime. Who gives them the moral authority? *Channels Ayn Rand*

 

Americans have just insured themselves the biggest tax increase ever. HURRAH!

 

We will see about tax hikes. So far Bush LOWERED taxes unlike Kerry who voted to raise them.

 

Well, since taxes need to be raised good for Kerry.

Even though as pointed out before what the two men did in the past regarding taxes is not relevant. This is a new enviroment with different reasons to raise/lower taxes.

 

The whole point is that raising taxes helps America and the country as a whole. Lowering taxes only helps those who already have a lot of money. People who need the money won't be getting much, while the billionaires will be gaining extreme profits. (which is the whole reason for Bush lowering taxes, his buds in the oil industry)

 

ScrollMaker......I'm very sorry that you didn't recieve a tax cut or refund check last year. I did and I don't make millions or even hundereds of thousands, much less. I am thankfull to have any little bit back into my pocket instead of wherever it goes as taxes. I'd like to see where all the taxes go besides defense , which is the only thing in the Constitution that is allowed for.

 

cosmictraveler, you are ignorant. Only someone ignorant would be happy to get a tax cut when the deficit is skyrocketing.

 

cosmictaveler also seems to think that money is taxed and simply disappears. he cant seem to get it through his selfish narrowmind that he benefits in uncountable ways from the taxes he pays. ways that if he were to add up the money it would cost him individually would be impossible to achieve.

 

Cosmic, let me try to explain this a little better.

Due to our deficit, the exchange rate of the US dollar is expected to drop. This means that anything bought from another country will cost more. Most (if not all) of the products you buy depend on some source of material/parts from outside the United States. With the material/parts cost going up, wages will either go down or final product cost will go up. Either way, you'll end up losing much more than the $300 that you happened to get back.

Number wise, you have more money... but that money is WORTH less.

 

Cosmic you misinterpreted my quote:

You receive a tax cut of $300 last year ok, hurrah! Great news, what could be better? Well simple economics would dictate a balanced budget; consider the nation’s purse as your own. She makes x amount of money and spends y amount of money. Now in 2000 x exceeded y by $250 billion or so. Thus a tax cut would not have been so out of the loop; tax cuts are ok if they are done in proper economic conditions. But when you are in $550 billion in the hole, things start to happen. You will start to pay more for products like Persol said, also since the gov't has to cut social programs you will be paying more through private organizations thus nullifying any tax cut. If the US wants to survive the next 40 years she has to increase taxes, you will be paying more in direct taxes as time goes on. You have insured your tax increases because the US can't afford to sustain this pace for much longer.

 

No, I wouldn't have received any tax cuts, but my parents did receive $800. If anyone, the poor should receive tax cuts and not the rich.

Edit: That's $800 each I believe. I'll double check that later.

 

And when those taxes are raised, those of cosmictraveler’s ilk will blame that on who had the guts to raise them, rather than who was selfish enough to lower them.

 

And we wonder why most people are in debt? Economics in high school anyone?

 

Americans routinely score very low in math, and logics obviously. They are basically dealing with the same section of the brain.