income taxes help


Have the Republicans Solved our Economic Problems with their New Budget?

The Republicans alternative to the Obama budget was presented today. The Republican plan is, essentially: 1) Cut taxes on the rich 2) to be announced 3) Recovery There's a lot of complaining about deficits in the document, but no provision for increased revenues. Quite the opposite, the plan is to reduce the top tax rate to 25%, cut the capital gains tax, trim back the AMT, cut corporate taxes, and reduce/eliminate the estate tax. This will somehow be balanced out by "cutting wasteful government programs" and "reforming" entitlement programs. Defense spending is, of course, off the table. This new Budget contained 19 pages and miraculously no numbers or charts! If we cannot put numbers on our Economic problems will they go away? Is this idea a genius or ahead of it's time? Watchful Occupier below says: "I haven't seen it, and it is irrelevant. There is a democratic majority with both house leaders and the president all being democrats. Do the math. Republicans should just stay at home. The democrats are only for what their party wants. They do not care about what any one else has to offer." Are you saying that Republicans are irrelevant?

Public Comments

  1. Democrats could care less what Republicans want, they just want their agenda pushed through.
  2. Like I answered another question how can you have a budget without numbers
  3. Defense spending creates long term economic growth. GPS, many cellphone parts, internet, etc are military inventions. In the past Obama was saying he would cut NASA's budget. What that tells economists is that Obama does not understand U.S. economics. The reason why America has the largest economy in the world is due to inventions and high productivity. (NASA and military inventions have added trillions to the U.S.'s gross domestic product)
  4. I haven't seen it, and it is irrelevant. There is a democratic majority with both house leaders and the president all being democrats. Do the math. Republicans should just stay at home. The democrats are only for what their party wants. They do not care about what any one else has to offer.
  5. That is the Repukes answer to everything. Cut taxes for the wealthy. Trickle down economics already failed us.
  6. Sounds like a continuation of the Bush Plans! Yuk!
  7. democrats don't give a crap about the economy. They are too busy running around trying to ban Carbon. You have a lot of nerve trying to say that Democraps give one rat's ass about the economy when they want to ban the engine of the economy (carbon and energy)
  8. I guess your going to like giving most of your money to government, or are you working for them already? By the way cutting taxes to the rich, essentially gives to the lower and middle class, why don't u understand this? Simply put the very rich spend, spend, and more spending. How much do the lower income spend? nothing,they pay their bills, they don't create jobs. Gosh the money trickles down.
  9. Republicans will always whine! They're a bunch of cry babies. They back stab one another for greed. They begged Obama to put in the market and he answered with the Toxic Asset Plan and still complain about it.
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