All I hear from the democrats, are raise taxes!
2006-10-24 08:18:49 · 15 answers · asked by AMERICA #1 1 in Politics & Government ➔ Politics
I suggest you look at the Dow's record over the 8 years of the Clinton administration - and then look at the Dow's record over the 6 years of the Bush administration.
Clinton: about 3000 to about 11000.
Bush: about 11000 to about 12000.
Any questions?
2006-10-24 08:32:14 · answer #1 · answered by Mark P 5 · 2⤊ 0⤋
ROFLMAO! That is not from the Democrats! Those are Republican dirty tricks people with their lies and propoganda trying to use their scare tactics on people!
Don't drink the kool - aid!
But besides that - there is absolutely no guarantee that the Dow Jones will keep hitting record highs! Even the Repubicans can not guarantee this!
Remember when the Stock Market crashed in l928. It was the Republicans who were in office, and it took a Democrat - FDR to bring America out of the Depression they got us into!.
Lastly - if the Democrats do put through any tax increases they will tax the 1% of the people paying who has to pay the most income taxes - so I sincerely doubt if you have to worry about this. If you make less then about 10 million a year you have nothing to worry about!
2006-10-24 08:28:52 · answer #2 · answered by Anonymous · 3⤊ 0⤋
The only time that tax hikes help the DJ is when the country has had a sustained period of deficits & there is a big concern about the economy being able to sustain growth. The theory is that there will not be enough money out there to finance continued governmental borrowing AND continued the economic investment that generates growth.
While the US deficit is a staggering figure by anyone's estimate, it represents a smaller and smaller percentage of the total US economy. In this environment, tax hikes amount to a pretty direct reduction in economic capitalization. The attempt to collect more $ from higher tax rates may result, in the end, in a smaller $ amount actually being collected.
2006-10-24 08:34:05 · answer #3 · answered by James S 1 · 0⤊ 1⤋
Squawk, squawk liberals want to raise your taxes squawk, squawk. Please get an original thought and quit parroting republican talking points.
Instead of coming to yahoo to trumpet the record highs of the DJ, why don't you talk to the people around you and ask them how "good" the economy is for them. I have a Master's and a good paying job at a hospital and I'm still living check to check.
The only reason the Dow Jones is high is because the stock market is doing well. Unless you are part of the top 1%, the DJ has nothing to do with you and the economy is not booming.
2006-10-24 08:32:18 · answer #4 · answered by verse18_97 1 · 2⤊ 0⤋
No, you don't hear that from Dems. You hear it from Republicans who claim that's what you hear from Democrats. Almost no Democrat is talking about raising taxes. Thats an undeniable truth, whether or not you think the Dems actually would raise taxes if they had the chance.
What you are more likely to hear about from Democrats is the Iraq War.
Heres the latest $ numbers: this mismanaged war costs US taxpayers $6,300 a second, and total costs project to 1 or 2 trillion: that's $6,600 per US man, woman and child (which means, of course, much more per taxpayer). The Dow does well in times of war -- but the economy does not in the long run. (The Dow doesn't even reflect the true state of the market, let alone the economy.) Any true conservative, with an eye on deficits, is horrified by the financial debacle that is this administration.
The bigger number: over 3,000 US dead, and uncountable numbers wounded -- not even mentioning the numbers of Iraqi dead.
2006-10-24 08:20:28 · answer #5 · answered by C_Bar 7 · 2⤊ 2⤋
You might not have noticed that the Republicans gave the upper class a big tax break! Hooray! Then they took out a loan from China to cover it. Learn to speak chinese, grasshopper.
2006-10-24 08:23:12 · answer #6 · answered by ssbecak 1 · 1⤊ 1⤋
Thats all liberals and democrats are good for. Raising taxes and hating america.
2006-10-24 08:20:36 · answer #7 · answered by Chris B 3 · 2⤊ 2⤋
I shore hope so because I will need the market gains to pay my higher taxes
2006-10-24 08:21:28 · answer #8 · answered by delmonticoman 5 · 1⤊ 1⤋
Lol okay man, keep thinking that. If you support the war on "terror" why dont you volunteer a little extra to pay for it.
Oh and dont forget what goes up invariably comes down.
2006-10-24 08:21:24 · answer #9 · answered by stephaniemariewalksonwater 5 · 2⤊ 2⤋
1 - Nope, sure won't!
2 - And that's ALL you are gonna hear from the party that wants you to believe that they represent fiscal responsibility - anyone who falls for that line should buy the nice bridge I have for sale!
2006-10-24 08:21:46 · answer #10 · answered by Walter Ridgeley 5 · 3⤊ 1⤋