You keep making things up and then ask me to prove it lol. I simply said you DO NOT have to raise taxes to balance the budget. I showed you this in the form of the 1997 spending cuts and tax cuts. The budget was balanced and a surplus was posted. All under Clinton and you still have an issue with this for some reason. You can cut spending and cut taxes. It works and has worked.
93 But it is intellectually dishonest to say "you DO NOT have to raise taxes to balance the budget" and point to the tax and spending cuts of 1997 as the sole reason for our balanced budget from 97-01. Taxes had already been raised in 1993 and the budget deficit was shrinking by hundreds of billions every year so we were already on a path to fiscal sanity. I am not denying that the 97 tax cuts and spending cuts, which were supported by a vast majority of democrats too, contributed to the economies well-being. But here is what I am saying: in 1992 there was a massive budget deficit and the national debt was growing. in 1993 tax increases were passed and the budget trend was reversed. by 1997 we posted a 60 something billion dollar budget surplus before the spending cuts and tax cuts were ever implemented.
Just as it is dishonest to say raising taxes is the end all be all.. But 1st, let me be clear, I didn't say it was the sole reason. That is you skewing your question yet again. You asked me to find a time when lowering taxes and spending cuts resulted in a balance budget. I did that. If you wanted other parameters and discuss those topics, you should have asked, but because I showed you data that supported my comments, you had to changer yours. Though the intellectually dishonest things is a bit ridiculous in that in 1997 they still devised a plan, republican plan, to balance the budget GORING FORWARD. They INCREASED the surplus so yea, the actions they took ARE VERY MUCH CREDIBLE.
Several times during the course of our debate I have stated that I favor a combination of spending cuts and tax revenues (via closing of loopholes or increasing taxes across the board). I have never claimed that you cannot balance the budget without spending cuts too. the problem is that lowering taxes and cutting spending were not the only factors that led to the budget surplus and you are basing your entire argument on the fact that they did. this is what I mean by intellectual dishonesty. I have made the parameters very clear, you just do not like them so you have tried to change them. Have a happy fourth of july with your family my friend.....talk to you again on thursday. maybe you will hit your head or something over the holiday and come to your senses. LOL.....
Thats like saying the enjoyment Clinton had his first time was because of the president before him.. Is that where we are going to go now?
tax increase on ALL medical equipment and devices. pacemakers, beds, artificial limbs, etc... hospitals will have to raise prices to cover added costs. there's 1 tax. why didn't they just say if your a freeloader and you expect taxpayers to pay your emergency room bill we will take your "Refund"? if they had a flat tax everyone would be paying their "Fair share"? how high do taxes have to get before the job creators, aka Rich. just say fuck it? why even bother trying to increase my business cause they're just going to take it in taxes and give it to some freeloaders anyway.
It is a myth that the rich create jobs with this new wealth. If it were true how do you account for how few jobs there are when the rich are sitting on vast amounts of wealth that have been accumulated since the Bush Tax Cuts? It's bullshit. The gap between the rich and the middle class has widened since the tax cuts. Rich individuals aren't creating jobs with the tax savings, they are just adding it to their piles. The American companies are the entities that create jobs and they have been responsible for sending factories overseas and outsourcing labor. Some of that is inevitable in a world economy, but some of it is short-sighted and strategically bad for America. Those factory jobs are not coming back. Service jobs will always rise and fall with the economy. It is the knowledge jobs that have any major growth potential at all and competition will be keen. Ya' snooze, ya' lose. What has always made America great is a very large and prosperous middle class. Concentrating more and more wealth through tax advantages in a smaller and smaller segment of the population while middle class prosperity slows is bad for the country.
