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Why support republicans? Because some people believe in making an honest living, and not stealing from the rich to feed the poor.
THAT is the fundamental reason.
I am doing pretty well for my age, however, I am not rich, and I have no desire to steal money from the wealthy for my personal gain. The rich have worked hard to get where they are at, and those who may have inherited a lot of money are lucky, no doubt. However, at the end of the day, I still believe that everybody is entitled to their own hard earned money.
WHETHER YOU LOVE President Bush or hate him, chances are his new tax cut will bring you some savings. Politics aside, the Jobs and Growth Tax Relief Reconciliation Act of 2003, which passed Congress (barely) on May 23, has nothing but good news for taxpayers — and many of the most important changes are retroactive to Jan. 1 of this year.As expected, the main beneficiaries are married couples with children, investors, high-income folks and small business. But there's something here for almost everybody.
Taxes and Growth | Are the Bush Tax Cuts Working? (http://taxesandgrowth.ncpa.org/news/are-the-bush-tax-cuts-working - broken link)
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Though job creation was slow immediately following the recession and during the first stages of the recovery, it had increased dramatically by late 2002 and 2003.
1.4 million jobs were added in the nine months after August 2003 (the 2003 tax cuts were signed into law in late May 2003).
The unemployment rate remained steady at 5.6 percent in May 2004, well below its peak of 6.3 percent a year ago.
The Treasury Department estimates that without the tax relief, as many as 1.5 million more Americans would be out of work right now, and the unemployment rate would be well over 7 percent.
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GDP Growth
After the recession in 2001 and the first round of tax cuts, economic growth speeded up and is expected to pickup even faster in 2004:3
The real annual GDP growth rate increased from 0.3 percent in 2001 to 2.5 percent in 2002.
In the third quarter of 2003, GDP grew at a 7.2 percent annual rate.
Forecasters are expecting GDP to grow by 4.6 percent in 2004, the highest in 20 years.
2003 and 2004 economic growth levels surpassed Congressional Budget Office (CBO) estimates by 150 basis combined, resulting in $300 billion of additional growth, which is roughly $2,500 per household.
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Consumer spending is on the rise, as is business investment. Economists credit the tax cuts for some of this growth-taxpayers' disposable income rose after receiving their rebates and businesses increased their inventory to meet increased demand.
Consumers' real disposable income has increased by more than 10 percent during the first 13 quarters of the Bush administration, compared to only 7 percent during the same period of the first Clinton administration.
Business investment increased at a 5.8-percent annual rate in the first quarter of 2004.
Some of yall need to distinguish a successful small business as opposed to major transnatiional corporations that are not paying their fair share into the system. Roll back the Reagan Tax Cuts and we will be just fine everything will be solvent. As much as people want to scream Reagan if you look at the stats everything has gone downhill since his presidency , this milton friedman crapand that snake greenspan.
The everyday man creates demand
The everyday man goes to fight these corporate wars
The everyday man builds infrastructure takes out the trash
The everyday man who puts in an honest 40hr week deserves a good affordable healthcare system and a solvent social security system.
Without everyday man --the rich wouldnt be rich. Its symbiotic cant have one without the other--Only thing is the richman has figured out how to hoard all the money and then make everyday man feel like a bum for wanting his fair share of the pot.
Some of yall need to distinguish a successful small business as opposed to major transnatiional corporations that are not paying their fair share into the system. Roll back the Reagan Tax Cuts and we will be just fine everything will be solvent. As much as people want to scream Reagan if you look at the stats everything has gone downhill since his presidency , this milton friedman crapand that snake greenspan.
The everyday man creates demand
The everyday man goes to fight these corporate wars
The everyday man builds infrastructure takes out the trash
The everyday man who puts in an honest 40hr week deserves a good affordable healthcare system and a solvent social security system.
Without everyday man --the rich wouldnt be rich. Its symbiotic cant have one without the other--Only thing is the richman has figured out how to hoard all the money and then make everyday man feel like a bum for wanting his fair share of the pot.
The knife cuts both ways. The rich need the common man and the common man needs the rich. If you want to be on the rich side make it happen don't ***** because you are on the common side. You are what you make of yourself. The bottom line is that both sides NEED each other.
I
If it's a single-payer system or something like the German or French system, it won't bankrupt them.
Someone has to pay for such a system. The government already has a multi-trillion deficit. Tax the big corporations? Watch them relocate to more tax-friendly countries.
Poor ignorant right wingers love to recite these income tax figures that the rich pay.
Income tax only accounts for 48% of Federal revenues.
Payroll tax which they omit on purpose accounts for 33% of Federal revenues.
88% of taxpayers pay a payroll tax.
Their rich masters only give them half the story (income tax only data) and they use these half truths to argue that liberals are mean to the rich....LOL
Someone has to pay for such a system. The government already has a multi-trillion deficit. Tax the big corporations? Watch them relocate to more tax-friendly countries.
Lol thats where a true free market kicks in buddy. If the big corporations want to vacate because they are not allowed to make an OBSCENE tax free profit screw 'em add to that a nice ban on their sweatshop made products they may TRY to re-import. Then guess what thats where other enterprising Americans pick up the pieces and produce everything on an even playing field. I am sure there are some Americans out there who would be just fine in making 10-20mil a yr to run their company. They may not be making 100mil plus shady stock options but I am sure they would love the opportunity for the 10mil........
Why is no one but the common man expected to take paycuts to compete with sweatshops in China. Screw that. You act like there were no successful companies in America until after the Reagan tax cuts.
A company with no labor is useless. Labor with no company will go out and create its own company----Believe that my friend.
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Is there a such thing as a healthy balance.
