So should I assume that you’re in agreement with the idea that we should lower taxes and decrease spending accordingly? Or is it your solution to just keep raising taxes so that we can continue to increase the size of government? Which is it….because there’s really no middle ground on this. I will say that at least the Donks are honest about things….raise taxes, expand government. The RINO’s in Congress have tried (and failed) to have it both ways….GWB’s 1st term included.

In 2006, Canada spent approx. 1.2% of GDP on defense ($15.2B)…compared with the U.S.’s 3.8% ($511.1B), which is the highest in the world — both as a percentage of GDP and in absolute terms. Basically, the U.S. subsidizes the world’s security. You might suggest we spend less on military….then I would say, Bill Clinton tried that, collecting on the “peace dividend,” but then, whoops, 9/11 happened…that’s after the the first WTC bombing, the Cole, the Kobar Towers (guess those weren’t clear enough warnings of the gathering storm), and also after implementing the infamous “wall” between law enforcement and the military, which according to the 9/11 Commission, was a serious contributor to our security and intelligence failings.

Another point you might consider is the amount of that vile, evil stuff called OIL that Canada exports, which they have no qualms about drilling for and which, at the moment, is driving quite a nice rally in their economy and their currency, relative to the dollar.

And by the way, “only 15% more?” That’s not the whole story….those top marginal tax rates in Canada kick in at much lower levels. The top federal tax rate of about 29% kicks in at about $120k and then the top provincial tax rates on top of that, which do vary, but approximates 15% and kick in generally below $100k.

Sound economic policy is comprised of low taxes, low spending, and low regulation. Individuals should be responsible for themselves. The government’s job is to provide infrastructure and security…really, that’s about it. It is not the government’s job to socially engineer some sort of preferred outcome through taxes and re-distribution. Look at what last year’s hike in minimum wage has contributed to — unemployment in the 16-24 age bracket was the hardest hit in the recent unemployment report…right about the sweet spot for minimum wage employees.

Bottom line is that if you tax something more, you get less of it. Taxes cannot be looked at in a vacuum….taxation has an impact on incentives, plain and simple. See Larry Lindsey’s WSJ opinion piece on Friday.

Think People! And do a little homework before spouting off.

Paving the way for reelection in 2012, maybe, by saying he needs one more year to balance the budget as promised?

Link:Republican Government 101

McConomics 101

sorry roy :(

good luck.

*

Sean Hannity tells them, “drill for more oil” and they nod and follow orders, “let’s drill for more oil!”.

A bunch of brain washed dopes.

Thanks for the chuckle. (grimmace)

Republicans in general don’t give a damn about paying for what they want, tax cuts, wars, prisons etc. And McCain will say anything to get elected.

http://progressiveworldreview.com

June 20th, 2008 at 8:22 pm

And this has exactly what to do with McCain’s plans to extend Bush’s tax cuts, a plan he obviously has no f–king idea how to pay for?