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At 2/19/03 09:57 PM, NEMESiSZ wrote: I'm just saying from my personal experience, the most people i've heard having opinions based on nothing, and generally acting stupidly, they tend to be doing it in the name of left-wing politics.

Yeah, I can agree with that to the fullest. I don't like when people join the board and trash on Bush, then say it's all for Democrats. I at least try to read a few newspapers a day to get a scope of what's going on. I mean, personally, I have nothing with Bush now on the war front. He said the US was going to seek a second resolution. Alright. All good. I'm still peeved on that Dividend Tax Cut.

Um...do you know what the dividend tax cut is?

You're probably thinking of his federal income tax cut...which helps just about everyone...not just the rich.

At 2/19/03 10:11 PM, NEMESiSZ wrote: Um...do you know what the dividend tax cut is?

You're probably thinking of his federal income tax cut...which helps just about everyone...not just the rich.

The cut on paying taxes on stock shares. You know, the one that doesn't help people who don't OWN stock shares. What it LOOKS like is that it's meant to help people who own MANY stocks...say...Ted Turner. I don't know many homeless people who would be helped out by the removal of the Double Dividend Tax.

If you own one share of stock (more than 80% of the country owns stock) you no longer will have the dividen (portion of the corporation profits given to you based on your ownership) because the profits have already BEEN taxed once.

It's common sense.

At 2/19/03 10:14 PM, JudgeMeHarshX wrote:

At 2/19/03 10:11 PM, NEMESiSZ wrote: Um...do you know what the dividend tax cut is?

You're probably thinking of his federal income tax cut...which helps just about everyone...not just the rich.

The cut on paying taxes on stock shares. You know, the one that doesn't help people who don't OWN stock shares. What it LOOKS like is that it's meant to help people who own MANY stocks...say...Ted Turner. I don't know many homeless people who would be helped out by the removal of the Double Dividend Tax.

The theory behind a tax cut that benefits the rich is that they own the companies that make the products we all buy and thus if their taxes are lowered they can afford to lower their prices and then the consumer price index will drop and the economy will be stimulated....this is the theory anyway sadly it doesn't always work.

Interesting fact Ghandi doesn't have a Nobel Peace Prize but Yassar Arafat does.

You think Yassar Arafat having one is bad? They gave one to Henry Kissinger! He's a bloody war criminal!

At 2/19/03 04:27 PM, JudgeMeHarshX wrote:

At 2/19/03 03:40 PM, Ted_Easton wrote: Except that he isn't really fighting for peace.

In his eyes, he's fighting for peace and righteousness. He's just going about it the wrong way.

The Righteousness of Oil.

At 2/19/03 10:23 PM, implodinggoat wrote: The theory behind a tax cut that benefits the rich is that they own the companies that make the products we all buy and thus if their taxes are lowered they can afford to lower their prices and then the consumer price index will drop and the economy will be stimulated....this is the theory anyway sadly it doesn't always work.

Maybe, but what I've heard is that the theory is less taxes means more money circulating, which means more investing in companies, which in turn means more jobs. The reason the rich benefit the most is because they are the ones paying most of the taxes anyway. I think your theory would apply more to cutting taxes on corporations than on cutting taxes on wealthy individuals.

At 2/21/03 01:05 PM, TheEvilOne wrote:

At 2/19/03 10:23 PM, implodinggoat wrote: The theory behind a tax cut that benefits the rich is that they own the companies that make the products we all buy and thus if their taxes are lowered they can afford to lower their prices.

HOWEVER, you can not cut taxes with money the United States doesn't HAVE! Why in the hell do you think we have a trillion dollar deficit?

Then why did both parties propose a tax cut?

At 2/21/03 01:54 PM, NEMESiSZ wrote: Then why did both parties propose a tax cut?

Because WE'RE just as bad!

At 2/20/03 11:45 AM, Slizor wrote:

Interesting fact Ghandi doesn't have a Nobel Peace Prize but Yassar Arafat does.

You think Yassar Arafat having one is bad? They gave one to Henry Kissinger! He's a bloody war criminal!

At the time Kisenger was given one the common belief was that the United States had nearly achieved peace in Vietnam. Later this proved to be untrue. Also while you could certainly object with Kissengers actions characterizing him as a war criminal is far from justified. I suppose you feel a leader like Arafat who is willing to make no sacrafices for peace and who supports terrorism as the main outlet of protest for his movement is more worthy of this award?

At 2/21/03 01:33 PM, JudgeMeHarshX wrote:
HOWEVER, you can not cut taxes with money the United States doesn't HAVE! Why in the hell do you think we have a trillion dollar deficit?

This strategy doesn't work in the time of a recession such as we are in now. While it can spur the economy during prosporous times in times of recession the rich will horde their money away rather than aiding the economy by blowing it on luxeries.

HOWEVER, you can not cut taxes with money the United States doesn't HAVE! Why in the hell do you think we have a trillion dollar deficit?

This strategy doesn't work in the time of a recession such as we are in now. While it can spur the economy during prosporous times in times of recession the rich will horde their money away.

Precisely!