This question is now open for anyone. It's a toughy.....

Taxes have already been raised because the Bush tax cuts have been revoked.

So I guess the jist of your question is mute, right.

Tough????

Not,,,,,,,

Just reversing the 1.6 trillion in tax cuts to the wealthiest American will take care of that.

But, that is a tax increase, no?
He was asking to explain tax cuts without tax increases.

No!
Its a tax reversal aimed at balancing the books!

The action taken is still increasing taxes. This explains why ALL republicans were against it in the beginning. Some, we know, just don't want to take credit for making the economy worse. But some, are standing by the conservative pricipals of cutting taxes/spending.

This is why Lynann is committing a fallacy by calling them hipocrits.

They were indeed hipocritical when bush was in office, as they voted to increase spending, but shoving this in their face is just plain stupid. Like making fun of them because they are only irresponsible SOME of of time....

And BTW i'm sure you will find that even Obama's precious economics experts will admit, no move has been made to "balance the books" thus far.

You want to balance the books. Cut back on spending.

Side note:

The money for this stimulus i believe is being borrowed from China....

Ah, I see, a tax reversal.

So, then, let me wrap my mind around what I have learned.
There are no tax increase, because in actuality it is a tax reversal, not an increase. Right?


So, then, would i be right by saying that no tax cut will be achieved, since those will not be tax cuts, but tax reversals, aimed at spending that extra money that the treasury will have after taxing rich more and balancing the budget?

ok, guys this is really more simple than all that. our tax money goes to paying back the interest owed to the federal reserve on the loans that our government procures from the federal reserve. remember, this money HAS to be paid back to the federal reserve. so, whether you pay it back slower because of so called tax cuts or you pay it back faster via tax increases, it doesn't matter. it still has to be paid back in full. when we borrow more money from the federal reserve to put back into the economy, that money becomes debt owed to the federal reserve too. it is a vicious cirle. it's like paying off a debt with a credit card. the more we borrow from the federal reserve, the more debt is created. this is something else to remember, these loans from the federal reserve have to be paid back with interest. but the federal reserve doesn't print the interest. because every dollar that we borrow from them is now principle.

"We are completely dependant on the commercial banks. Someone has to borrow every dollar
we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous;
if not, we starve. We are absolutely without a permanent money system.... It is the most important
subject intelligent persons can investigate and reflect upon. It is so important that our present
civilization may collapse unless it becomes widely understood and the defects remedied very soon."
--Robert H. Hamphill, Atlanta Federal Reserve Bank

"Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits".- SIR JOSIAH STAMP, (President of the Bank of England in the 1920's, the second richest man in Britain)

the ironic part of that is that to completely cut out the cancer that is causing this would be to abolish the federal reserve. our problems would go away for real. we would become truly the richest country. in fact, vladimir putin just said the other day in a speech that they are going to get rid of their central bank that has caused them all of this trouble. isn't that interesting?

We don't even have to abolish it. Legalize gold or silver as a currency and the system will disappear on it's own. People would see that a handfull of gold coins could buy a car or small house 100 years ago. The same is true today. The value of precious metals has not changed. Instead, the value of fiat currency does, drastically.

To anyone that owns silver dollars, do you realize you could fill your gas tank up with just two? The power of silver has not grown, instead our dollar is worth 4 cents in comparison to what is was worth in 1913. No economist will argue this.

i read a story where there is a guy who is paying his employees with gold coins. the face value on them is small, but the actual value of them are huge. the irs tried to sue him because his he and his employees were only claiming the face value of the coins for their taxes lmao. the irs lost the case. so he continues to use that form of payment and his employees love it.

you are so cute yellowrose.

this makes more sense to me....but my brain hurts

actually, i've been watching both parties closely and everytime they complain about something they usually still vote for it. the only way that it can make sense is if they are really both on the same side and they are just giving us good theatre.