Question:
Why do Democrats and Leftists insist that it was Tax Cuts that created the Deficit but not Federal Spending?
Justine 3
2010-12-15 04:33:28 UTC
Why cant you leftists understand that its not a TAX problem its a Spending Problem , why are you always so quick to vilify the rich and paint them as greedy all the while applauding for more government spending . Spending that created the deficit in the first place . Are you blind or what ? Its the FEDS who are the greedy and slothful ones yet you still believe in giving them more to spend? Why ?
Sixteen answers:
slappyjk
2010-12-15 05:00:18 UTC
Some liberals are in denial that they are socialists, others are open, collectively, liberals believe any earnings not confiscated by the government is a crime. That's really the bottom line, liberals look to government to make our lives fair and just.



As many liberals are in denial of their socialism and communist tendencies (because they believe their version would not evolve to dictatorships), liberals are surrounded in deceit, lies, distortion and propaganda, by repeating these lies and hearing them resonate throughout the liberal media, the lies become truth.



Well, our tax structure requires only half of our wage earners to pay federal income tax, so half of the earners get free government services. Instead of everyone paying the same percentage of their earnings, there is no attempt, whatsoever, to make the tax system fair to all people.



Any reference to reducing confiscation of income by government, is termed "tax relief for the rich". Is there any doubt that insane government bureaucrats will spend every dime they confiscate from wage earners and over-spend x 1000 ?



Instead of focusing on government's insane spending, liberals want to play the class warfare card, to create class envy and hatred of wage earners who do not embrace socialism (the Hollywood and entertainment millionaires get a pass because they carry the socialist flag).



The true problem is the wasteful spending and the "far left's" attempt to intentionally bankrupt America. Socialists and communists focus on class envy, to ignore the horrific wasteful spending, that liberals advocate and cause.
leslie
2016-06-02 23:32:58 UTC
Republicans allowed pay-go to expire during the Bush years, or they could not have funded both wars and the tax-cuts. The tax-cuts that the republicans passed under reconciliation. I would actually recommend both of your options, cut spending 20% across the board and increase taxes on anyone making over a million. Not to mention ending both wars now, today. This would do the most damage to the out of control Deficit.
Scifi Boy
2010-12-15 07:40:47 UTC
You make a good point.



Who creates more jobs in the United States? the poor or middle class--or the rich. How many people here have been hired by a poor person? If you raise taxes on the rich, and this includes everyone making $200,000 or more, then they will not be able to hire as many workers. Seventy percent of jobs in America are small business jobs. Taxing people who make $200,000 or more would have serious consequences. Companies would not be able to reinvest from their profits money to expand and hire more employees. You will not create new jobs by raising the taxes on the rich--and the economy will not recover fully until you have more people working.



As for the Bush causing the problem. Remember, after the first two years of the Bush administration, we had a Democratic congress. The problems do not come from the President as much as they come from congress.
ObamaBot THX-1138
2010-12-15 09:09:10 UTC
Because the law was a tax cut law.



That law was passed. That law 'created' the deficit.



The tax cut laws never contained in them spending cuts.



No Republican has ever offered a balanced budget in the post war period.



Only Democrats have. And yes, Clinton did balanced the budget, and part of that was the social security surplus, but the effect on the economy is the same - instead of competing with private borrowers in the investment markets, the government acted as a source of funds.
Jim Bay
2010-12-15 08:58:53 UTC
They are tricky fellows. They like to fool moderates into thinking they are against deficits. So they say they are for a balance budget and then spend spend spend. They also want to tax tax tax.'



What the liberal will never admit is that deficit spending is also a tax. So really we have a spending problem not a taxing problem.



I just read the Wizard. He said we had Unfunded Tax Cuts.... LMAOROLF. Well lets make sure next time we have a tax cut we also have a tax increase to pay for the tax cut. Dude the reason you have a tax cut is to increase tax revenue. This is done by getting the economy going again. If you really want tax increase we should get rid off all deductions and charge everyone 15% tax rate. Now that would really increase tax revenue.
2010-12-15 09:02:39 UTC
We agree it was spending that caused the deficit, in conjunction with tax cuts.



Bush lowered taxes, then took the US to two wars, the first time those two things were ever done.



The result: Pushing the republic into a near depression.



I am interested in exactly which $1 trillion you would cut to balance the budget.
Doug B
2010-12-15 05:26:38 UTC
Because we can do math. We took economics in college. We can read a graph. The Bush tax cuts added billions to the deficit, followed by two wars that were unfunded mandates. Eliminating the Bush tax cuts would revitalize the economy. It worked for Reagan, who raised taxes in 1983 and saw the economy skyrocket.



Clinton did have a surplus. The CBO agrees on that.
swampwitch99
2010-12-15 04:43:57 UTC
I will tell you Although I am not a leftist I must correct you, you are quite uneducated concerning the facts and if you were to research your information you could answer your own questions. You are just repeating anti-intelectual rhetoric. You can find in the White House Documents that in every presidential term held for over 50 years that Democrats actually reduced the deficit where Republicans outspent their budgets and the deficit grew. This is fact, not rhetoric or disimformation. While both parties have someting to offer the GOP are seriously endangering their credibility with Corporate payoffs and backroom deals.
Dooldy Do
2010-12-15 05:51:12 UTC
What a bunch of ignorant answers. Clinton surplus was on paper but the reason for it was the Republicans took over congress and FORCED Clinton to reverse his spending plans F...A...C...T
Mr. Sarcasm
2010-12-15 06:03:24 UTC
What's sad but humorous is these Democrats that argue that over-spending is ok, because Republicans overspent in the past. It is true, a lot of them did. That doesn't make it right.



Now, we're trying to reduce spending, and they're fighting it.
cantcu
2010-12-15 04:44:34 UTC
The rich get more than their share of tax-cuts and rob from the poor to get them.



It is a spending problem because you had 4 presidents that ran up massive deficits by giving the rich tax-cuts trying to say that they create jobs. They don't.



You started 2 wars and bailed out Wall Street. You also bailed out the Savings and Loan fiasco at $2.3 TRILLION.



Personally I don't think you have a clue as Bush put the wars straight on the Federal Deficit. He never budgeted 1 dime for the wars.



Ge, Bank of America, Exxon, to name a small few PAY NO TAXES! NONE!



Fifty-seven percent of the budget goes to pay the interest on the deficit and the Military. Until we get both of those under control, percentage wise it is going to increase to that is all we are going to be paying....thanks to your ilk.



It is a tax problem. One must pay for programs and you can't do that by bailing out Wall Street, the Banks (over and over) the bad paper speculators at 1950 tax rates.
darrin b
2010-12-15 06:44:04 UTC
Because the Federal government gets the majority of its money via tax revenue.



So when people are no longer paying taxes, hint-hint, tax cuts, the Federal government cannot get get enough revenue to keep this country moving.



So it has to borrow for its basic needs.
James E Lewis AKA choteau
2010-12-15 04:42:37 UTC
Simple, when Clinton left office he left the budget with a surplus. The only major changes during the Bush years were the tax cuts and two unfunded wars.
Dale
2010-12-15 04:45:47 UTC
Because they were part of the problem. Unfunded tax cuts for the rich, 2 unfunded wars and an unfunded prescription medicare benefit. No one is painting them as greedy, but they avoid taxes.
2010-12-15 04:39:21 UTC
You state that wrong...



To a lefty - the PROBLEM is they can't keep SPENDING like drunken sailors.
2010-12-15 04:37:29 UTC
Yeah, sure NOW CORPORATE/COMMUNIST beast China is laughing all the way to somebody's bank.You people don't make sense. You do understand that, don't you?NO, IT IS REPUBLICAN CORPORATISTS WHO ARE ABUSIVE & GREEDY. Get over your fool ways.


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