Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
During the stimulus debate, the argument was that you can't spend your way out of debt, so I'm asking, if you can't spend your way out of debt, how does taking a salary cut help you reduce your debt?
For example, Wisconsin Governor Walker argues that the state needs to make significant cuts in the budget... ok. But how does cutting taxes by 67 million help you pay off your debts?
During the stimulus debate, the argument was that you can't spend your way out of debt, so I'm asking, if you can't spend your way out of debt, how does taking a salary cut help you reduce your debt?
For example, Wisconsin Governor Walker argues that the state needs to make significant cuts in the budget... ok. But how does cutting taxes by 67 million help you pay off your debts?
During the stimulus debate, the argument was that you can't spend your way out of debt, so I'm asking, if you can't spend your way out of debt, how does taking a salary cut help you reduce your debt?
For example, Wisconsin Governor Walker argues that the state needs to make significant cuts in the budget... ok. But how does cutting taxes by 67 million help you pay off your debts?
If i cut my salary in order to hire another person so my company can do twice the work and make twice the profit it would in the long term help me get out of debt by doubling the profit. To do that i have to have some pain to cut my salary looking forward to further growth
During the stimulus debate, the argument was that you can't spend your way out of debt, so I'm asking, if you can't spend your way out of debt, how does taking a salary cut help you reduce your debt?
For example, Wisconsin Governor Walker argues that the state needs to make significant cuts in the budget... ok. But how does cutting taxes by 67 million help you pay off your debts?
During the stimulus debate, the argument was that you can't spend your way out of debt, so I'm asking, if you can't spend your way out of debt, how does taking a salary cut help you reduce your debt?
For example, Wisconsin Governor Walker argues that the state needs to make significant cuts in the budget... ok. But how does cutting taxes by 67 million help you pay off your debts?
If cutting 67 million in taxes allows businesses to bring in 200 million more in tax revenue you pay off debt.
During the stimulus debate, the argument was that you can't spend your way out of debt, so I'm asking, if you can't spend your way out of debt, how does taking a salary cut help you reduce your debt?
For example, Wisconsin Governor Walker argues that the state needs to make significant cuts in the budget... ok. But how does cutting taxes by 67 million help you pay off your debts?
It gets back to the fallacy of our system. During certain times of our economy a tax cut targeted properly actually stimulate more revenue than it cost. This is a favorite tool of the elite; it gives some people a benefit and kicks the can down the road. Look at all of the cuts that we had last year, home credit, car credit, appliance credit etc. All of those things show a benefit short term but what happens next year?
Every budget ever created by every politician is proven to be a work of fiction by the time it is printed.
It shows how income taxes are just a way to manipulate us and keeps us arguing.
If cutting 67 million in taxes allows businesses to bring in 200 million more in tax revenue you pay off debt.
Do you have examples, where this has happened before?
Or did you find this sketched on the back of a napkin by some clown named Laffer?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
