Bush may have cut my taxes but he spent me into a hole .how do you feel about your portion of the debt .Your wifes 17,000 share and your kids 17,000 share an average family is 80,000 dollars in debt .Is this good conservative policy or not and how can conservatives support this policy .
2007-01-20 06:31:32 · 14 answers · asked by -----JAFO---- 4 in Politics & Government ➔ Politics
It was not the tax cuts that created the huge budget deficits, but all the additional spending, which were greater than the tax cuts.
And do not forget, the tax cuts have helped the economy grow, after the recession of 2000 and the economic impact of 9/11. Without the tax cut, the economy would have not recovered and grown like it has, and tax revenues would not be increasing as they are.
The tax cuts are intelligent economic policy.
The spending was against not only conservatism, but against the Constitution.
2007-01-20 06:52:20 · answer #1 · answered by Anonymous · 2⤊ 1⤋
Reducing taxes did not cause the problem. The problem is how the tax money is spent. You could tax every person living in this country 100% on their income and if the government overspends you would still find you own 17,000 shares of debt. Both parties are responsible. Conservatives and liberals are responsible. We need to reduce the waste in spending. NOT increase taxes.
Another item needing reviewed is tax loopholes, which tax breaks are worth keeping because they return something positive to the economy as a whole and which tax breaks were given as political payback and, or put a drain on the economy. Again, both sides of the isle share responsibility.
yepperrrrrrr
2007-01-20 15:00:37 · answer #2 · answered by what? 3 · 0⤊ 1⤋
Cut your taxes? You must make a ton of money because Bush actually raised taxes on the middle class. I prepare taxes for a living.
2007-01-20 18:08:53 · answer #3 · answered by Muker 3 · 1⤊ 0⤋
The GDP went up by over 1 trillion dollars in the same time. The country's economy is stronger and not weaker because of the deficit. But since the economy cannot continue to grow as it has been in the last three years there is a definite need to stop outspending earnings.
2007-01-20 14:43:30 · answer #4 · answered by Anonymous · 2⤊ 2⤋
Cutting taxes is a visible PR event.
The debt is invisible.
2007-01-20 15:03:04 · answer #5 · answered by bettysdad 5 · 0⤊ 0⤋
That's why you can't give a tax cut without cutting government spending. Bush's tax cut has been a total ruse. All he did was defer tax collection for some other unlucky president.
Bush is such a putz.
2007-01-20 15:46:20 · answer #6 · answered by Overt Operative 6 · 0⤊ 2⤋
heard on TV last night each & every American's share of only the Iraq was is now $47,000 before escalation & humanitarian aid...have to wonder about the oil in Iraq why do Americans need to support them???? They have been fighting for 14 centuries we are fighting a losing battle...they are radical idiots taking us for a ride...I think we should go in with bombs & stop this now!
2007-01-20 14:38:42 · answer #7 · answered by Anonymous · 0⤊ 2⤋
That would be like one's spouse throwing you a $5 from the wallet and, in exchange, stealing and maxing out your personal credit card. Cause for divorce... OR impeachment??? :-)
2007-01-20 14:39:49 · answer #8 · answered by rhino9joe 5 · 2⤊ 1⤋
being in debt sucks. use this site to get quotes on debt consolidation. you'll be debt free in no time!
2007-01-20 16:37:52 · answer #9 · answered by Anonymous · 1⤊ 0⤋
Ok, first off -it's President Bush, capital B....
Second of all the rest of you assertion is like virtual reality....it looks good, but there is no real substance to it.
2007-01-20 15:11:54 · answer #10 · answered by missourim43 6 · 0⤊ 2⤋