The GOP Has Become The Party Of Tax Cut Psychos

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There's a deep pathology at the heart of the GOP. They've become the party of Tax Cut Psychos. It's become an irrational religion for which there's no basis. Now, for every problem the nation faces... tax cuts are the answer. Clinton Surplus? Tax cut! Clinton Surplus disappears? Tax cut! Bush recession? Tax cut! Economy's doing well? Tax cut! We're now 16 trillion in debt? Tax cut! Even when revenues in constant dollars have been BELOW Clinton's last year for NINE of the past 11 years... the GOP insists there's NO revenue problem. It's all a spending problem. The GOP has taken common sense budgeting off the table and replaced it with their psychotic economic theories. Yikes!

What can account for this madness? I suspect that when the Right stumbled on their Starve The Beast strategy... a plan to use fiscal irresponsibility to sabotage the finances of the federal government... hoping to undermine New Deal and Great Society safety net programs, it flew in the face of traditional fiscal conservatism. How could such fiscal irresponsibility be sold to a traditionally fiscally conservative party?

During the Reagan years Orwellian Right think tanks turned out that rationale... that tax cuts especially for the rich would create a revenue boom and they'd pay for themselves. Oops, nope, that didn't happen. Hey, blame the Democrats for spending this bounty! And these tax cuts didn't favor the rich… they SOAKED the rich! Look! They are paying a bigger share of the shrinking tax pie! (But are they paying more in actual taxes?)

The Starve The Beast strategy escalated under Bush2. Irresponsible revenue cuts weren't enough, there needed to be irresponsible spending as well. Madness, of course. Yet we often see here the braindead acolytes here parroting the same insane rationalizations.

With perhaps 30-40% of the nation buying into this utter insanity, we do need to fear for our nation.

Pierpont's picture
Pierpont
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Feb. 29, 2012 2:19 pm

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Quote Pierpont:

tax cuts especially for the rich would create a revenue boom and they'd pay for themselves. Oops, nope, that didn't happen.

Except when it comes to the Bush tax cuts of 2000 and 2003 it sorta DID!

http://www.usgovernmentrevenue.com/#usgs…
http://data.bls.gov/PDQ/servlet/SurveyOu…

RESULTS:
INCOME TAX REVENUE BY YEAR: ( In Billions)
2003 = 925
2004 = 998
2005 = 1,206
2006 = 1,398
2007 = 1,534

Now isn't that Interesting.. How does revenue go UP, when taxes go DOWN ?
The answer is simple

Unemployment rates during same period: ( Going DOWN each year)
2003 = 5.7 to 6.3 %
2004 = 5.4 to 5.7 %
2005 = 4.8 to 5.4%
2006 = 4.4 to 4.8%

Lowering taxes keeps more capital in the economy, which creates jobs, which expands the TAX BASE.

We need more tax payers, not more taxes.

And Bush did it with just Tax cuts! And even quicker approach would be a two pronged strategy of Tax cuts and welfare drug testing that forces fleabaggers to put down the bong and get off of the couch, or get out of their habit of camping in the public square.

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Calperson
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Dec. 11, 2010 10:21 am

It's all about getting elected of office. Let's face it, Americans and anybody for that matter hate TAXES! If EVERYBODY hates taxes then what's the easiest way to get votes? Cut TAXES! The Republicans figured that out decades ago. It explains why so many people vote against their best interests and ideas. The Democrats need to use the same strategy except they need to push expanding the tax base through job creation. Keep taxes low and expand the tax base to pay for what is needed. You can do that with infrastructure jobs which are much needed and it's a win win. They just don't know how to push an agenda.

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Bush_Wacker
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Hoping to be taken seriously,

Quote Calperson:
Quote Pierpont:

tax cuts especially for the rich would create a revenue boom and they'd pay for themselves. Oops, nope, that didn't happen.

Except when it comes to the Bush tax cuts of 2000 and 2003 it sorta DID!

First of all no one said irresponsible GOP tax cuts depress revenues forever... though the Bush tax cuts come pretty close. Revenue tends to grow because inflation and the growth in the economy. What these tax cuts do is depress that growth curve for 3-4-5 year. And sorry that the simple concept of adjusting for inflation escapes you but then most of reality seems to. BTW you're doing what the Orwellian Right ALWAYS does. To create a phony revenue boom using smoke and mirrors... it starts with a depressed baseline, pretending revenues were never higher under old law. For the record here are the revenue numbers adjusted for inflation... from the US Historical Budget Tables

Table 1.3—SUMMARY OF RECEIPTS, OUTLAYS, AND SURPLUSES OR DEFICITS (–) IN CURRENT DOLLARS, CONSTANT (FY 2005) DOLLARS... in billions...

2000..... 2,310.0 CLINTON'S LAST YEAR

2001..... 2,215.3 lower

2002..... 2,028.6 lower

2003..... 1,901.1 lower

2004..... 1,949.5 lower

2005..... 2,153.6 lower

2006..... 2,324.1 (a puny 14 billion higher... after SIX years of lower revenue!)

2007..... 2,414.0 (104 billion higher)

2008..... 2,288.5 lower

2009..... 1,906.7 lower

So to prove my point that the Orwllian Right believes LOWER revenues = a revenue boom, CP claimed here that DECREASED revenue or six of Bushs eigth years is "proof" the Bush tax cuts created... a revenue boom.

I await your retraction CP... but then I know that can only come from someone with a smidgen if intellectual integrity.

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Pierpont
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Feb. 29, 2012 2:19 pm
Quote Calperson:Lowering taxes keeps more capital in the economy, which creates jobs, which expands the TAX BASE.
Thanks for a reguritation of the Tax Cut Psycho religion. Except it depends on a determination to deny reality. We already know from before 1986 that the economy did just fine with the top marginal tax rate of 50%, 70% and 90%. And more reently, Clinton PROVED the economy did just fine with INCREASED taxes... AND he balanced the budget. As for your unemployment numbers... so according to your logic, such as it is, getting unemployment back down to Clinton levels is a great accomplishment if it can be done with about $3 trillion in deficit spending? That's an approximation of what the Bush deficit was by 2006... oh, and having a couple wars doesn't stimulate the economy?

We need more tax payers, not more taxes.

I know you live in a world of irrational contradictions if not willfull ignorance... but Bush BRAGGED about taking 5 million off the income tax rolls. Now the Right complains they don't pay taxes and the system is "unfair" to the poor oppressed rich folks. So what's the Right's "fair" solution? Get those poor people paying taxes again... and give the rich folks ANOTHER tax cut. I favor getting rid of ALL the Bush tax cuts. Which brings us back to the central issue you're determined to evade... with 6 trillion in debt... and the Clinton Surplus disappearing by 2001 WE COULD NOT AFFORD THE BUSH TAX CUTS. And now your psychotic reseaoning is that with now 16 TRILLION IN DEBT and a massive deficit... those irresponsible tax cuts are still a great idea?

Thanks Cal for proving my point about the Tax Cut Psychos on the Right!

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Pierpont
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Feb. 29, 2012 2:19 pm

For conservatives tax cutting has reached a religious level. Along with their science denialism, they also deny basic economics and accounting. Want to prove tax cuts boost revenues, selectively choose the baseline for the tax cuts and ignore the long view. Take the view from the trough Bush's tax cuts created in the business cycle, and measure to the peak of the real estate bubble.

All observations support the one true church of tax cuts, all else is heresy.

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Phaedrus76
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Sep. 14, 2010 8:21 pm
Quote Calperson:Unemployment rates during same period: ( Going DOWN each year)
2003 = 5.7 to 6.3 %
2004 = 5.4 to 5.7 %
2005 = 4.8 to 5.4%
2006 = 4.4 to 4.8%

Lowering taxes keeps more capital in the economy, which creates jobs, which expands the TAX BASE.

We're getting off topic, but just so readers aren't misled by your Orwellian recap of history... Bush inherited a 4.2% unemployment rate. And I mispoke in a previous post. The lowest unemployment rate during the Clinton years was actually 3.9% and he balanced the budget.

The BEST the Bush tax cuts managed... even with 5 TRILLION in deficit spending, was 4.4% then he crashed the economy. Wow... I can see why you're so impressed Cal! http://data.bls.gov/cgi-bin/surveymost?bls

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Pierpont
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Feb. 29, 2012 2:19 pm
Quote Phaedrus76:Want to prove tax cuts boost revenues, selectively choose the baseline for the tax cuts and ignore the long view. Take the view from the trough Bush's tax cuts created in the business cycle, and measure to the peak of the real estate bubble.
The Orwellian Right uses every trick in the book to create phony revenue booms out of smoke and mirrors. One attempt even including some revenue from Carter and Bush1 and attritibuted it to Reagan. Or they pretend that if the rich then pay a bigger share of a smaller tax pie... they are being "soaked". The Right is absolutely shameless. And sadly their investment in creating a new generation of Tax Cut Psychos has paid off.

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Pierpont
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Feb. 29, 2012 2:19 pm
Pierpont wrote: I know you live in a world of irrational contradictions if not willfull ignorance... but Bush BRAGGED about taking 5 million off the income tax rolls. Now the Right complains they don't pay taxes and the system is "unfair" to the poor oppressed rich folks. So what's the Right's "fair" solution? Get those poor people paying taxes again... and give the rich folks ANOTHER tax cut.

Caliper, Mr Hoover said. ❝Fat, drunk and stupid is no way to go through life, son❞. My gawd don't be so proud of it. Most of those screaming unfair, aren't even rich. Now that's gullible. That's naive to a new level. Or one not seen in centuries. Total blind faith that the gods will tinkle down what they need, if they only serve them obediently without questioning. The overhead (wages) takes from profit, sending jobs out via NAFTA/GATT only makes more profit on top, while the US job turns to unemployment. Same results when you use Koch Bros prison labor or scab labor in the fields. All GOP secured with thugs busting Union reps. Private prison employment services can't work without prisoners. Over half of the 2.3 million disposable workers are in on non violent drug charges. How convenient a way to fill a Neocon need. Pitiful.

When the rich get tax breaks they spend them outsourcing and on think-tanks developing more police actions the media will hype as wars. More to spend on lawyers keeping victims waiting years for medical expenses. Cheney's Asbestos Co. for one. Paying for Exxon's Valdeze spill 99ç/$. All paid by tax that doesn't go to libraries or schools. Or health care, especially in places where the community, male, female and kids have one clinic, a Planned Parenthood that the GOP froth's and drools over closing. The moral bankruptcy of the GOP is their highest cost to all taxpayers. They have no allegiance to the country or the Constitution. The mean spirited bloodlusting, terrorizing the poor, handicapped and elderly on a weekly basis. With threats of more budget cuts or closing more facilities. Taxes will pick up the warehousing cost. Same as ER treatment costing 10 times more.

Their dignity has been sold and they cling desperately to fossil fools poisons that harms them and all of us. If they don't care about themselves or even their own children. Why give them weapons like de-regulation or subsidies, when we know they're incapable of rational thought? Or why give them media time when we know anything they spew is a means to an end, nothing more, as far from truth as it gets. 8 years of Booshamy and they come begging for more. Acting as if they think everybody is as anxious as they are to destroy and kill anything living or organic. I think Caliper has a Bush fetish. The entire Teabog ditto motto serves nothing but to fatten the bank vaults of the 1%. The only thing they tinkle down is 15,000 gallons of crude oil leaking from the tankers we don't need. Sick sick sick mfers they be. Conserving Compassion in the 21st century, outdoing their fascist forefathers.

Strong corporate profits amid weak economy? = outsourcing.

GOPerverts don't want lower taxes, I don't know where this comes from. Only taxes going back to the people are what they oppose. Not tax cuts to the Military, or to pay for the food, clothing and health care for 2.3 million prisoners. Only for people getting it. Koch private prisons aren't on their hit list to cut budgets. No tax breaks for the patients getting home care paying a disease tax. Their goal is tax assisted warehousing, the same as the prisons. Still wanting taxes for Exxon subsidies and are opposed to withdrawing troops, because its tax money the Military Industrial Complex gets. They want taxes cut on teachers because they lead to people "reading". They want them cut on helping sick people because the sicker they get the more Pharm dope they sell. GOPerverts say what they need to say to get elected. Without winning they can't legislate more deregulation's, more tax spent cleaning up their private for profit mess. Especially the trillion dollars in taxes wasted on the drug war. Junior Boosh is a clown that only fools and misery profiteers followed. Denialists still do apparently. First off never take a GOPer at his word, seriously.

ECONOMY THEN AND NOW BUSH OBAMA U2b

Cost of Iraq War. U2b

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Cost of Drug War
Money Spent on the War On Drugs this Year

The U.S. federal government spent over $15 billion dollars in 2010 on the War on Drugs, at a rate of about $500 per second.

Since December 31, 1995, the U.S. prison population has grown an average of 43,266 inmates per year. About 25 per cent are sentenced for drug law violations.

Arrests for drug law violations this year are expected to exceed the 1,663,582 arrests of 2009. Law enforcement made more arrests for drug abuse violations (an estimated 1.6 million arrests, or 13.0 percent of the total number of arrests) than for any other offense in 2009.
Someone is arrested for violating a drug law every 19 seconds.
Source: Uniform Crime Reports, Federal Bureau of Investigation

AP IMPACT: After 40 years, $1 trillion, US War on Drugs has failed to meet any of its goals
After 40 years, the United States' war on drugs has cost $1 trillion and hundreds of thousands of lives, and for what? Drug use is rampant and violence even more brutal and widespread. Even U.S. drug czar Gil Kerlikowske concedes the strategy hasn't worked.

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Simple plan of the Neocons, using Libertarian and the very braindead teabog ditto's lapping up rush's oxy driven rants with a simple goal to cripple the governments ability to regulate the last morsals of pure profit according to the Neocons. Clean air and water to us

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- Adolf Eichmann (in writings reported in the NY Times, 8/13/99)

Strategery
The drug war affects every sector of society, straining our economy, our healthcare and criminal justice systems, and endangering the futures of our young people. The United States cannot afford to continue paying the devastating toll of the drug war and its consequences. In 2007, the most recent year for which data are available, the economic impact of the drug war on American society totaled more than $193 billion.

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If a nation expects to be ignorant and free,
it expects what never was and never will be.
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Victims of Teabog rhetoric?

10 worst corporate income tax avoiders.

1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings.

2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.

3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.

4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.

5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year.

6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.

7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.

8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury.

9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2007 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.

10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.

Like it's been said a thousand times. Hemp is a million jobs and non OPEC crude oil and non Chinese wallmart crap outsourcing jobs. Textiles alone could be back to full shifts in 3 to 5 months. Taxes like manna, out of nowhere. Just plant a little seed. Produce the most versatile plant on the planet instead of bogus statistics falsely showing Congress the DEA is actually accomplishing something besides wasting taxes. Most of the cannabis eradications are wild unkept ditchweed. Saving the kids from canvas and burlap. Thank Nixon If BBQ's and Badmitton get boring, spend your Holiday's... Pissing on Drug Worrior Graves. Fun for the whole family. Take the dog. Just not on the roof of the car.

I understand a group is forming to counter the birthers called “Wiferism.” Claiming proof Mittney is a Wifer. ¶8)

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