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Originally Posted by Willravel
I've never meet a liberal in favor of loopholes and I've talked to a lot of liberals about taxes.
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This is not true. Almost every tax proposal or piece of tax legislation passed has loopholes, it comes from both parties. The only difference is that Republicans are at least willing to discuss the possibility of changing the broken system.
Just to give an example. Last year a jobs bill was passed, that gave a $5,000 tax credit to small business who hired someone who was unemployed. A virtual complete waste of tax dollars. A growing and profitable company in a position to hire people would hire them with or without the tax credit. The credit is of no value to a company that won't have a taxable profit. I understand and appreciate the intent of this tax loophole but from a big picture point of view a tax code full of stuff like this is simply ridiculous.
---------- Post added at 04:06 PM ---------- Previous post was at 03:58 PM ----------
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Originally Posted by Baraka_Guru
Is that a liberal answer or a Democrat answer?
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I don't know the difference between the two.
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"High" is a relative term. What do you think of Canada's tax and economic environment or the Nordic model, as Will has pointed out? You can have higher taxes than the U.S. and still balance your books and grow your economy.
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True. I am thinking more in terms of maximizing growth and maximum efficiency in economic policy. Perfection can never be achieved, but constant movement to perfection should be the goal. It is very possible that Canada's economy operates more efficiently than the US economy. As discussed Canadian banking certainly operated better over the past few years through the "crisis". But one question could be that Canada sacrifices upside potential while being overly concerned with downside risks. Also, the cultures are very different. Canada is a country of few, very big banks, while the US is a country of a few very big banks and thousands of small regional banks and in the US the cumulative strength of the small banks may carry more influence than the big banks on our economy.
---------- Post added at 04:19 PM ---------- Previous post was at 04:06 PM ----------
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Originally Posted by Derwood
I think the GOP is biding its time before introducing a center-right/moderate candidate whose message will be about "focusing on the real issues"
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A candidate focusing in on real issues can not get media coverage, regardless of party. The Tea Party movement reflects a level of frustration that will not be fixed with the slick 30 second commercial approach to running for office. Candidates who understand that can win the Tea Party voter. Even as unattractive Trump is as a candidate, he is hitting a cord with plain straight talk.
---------- Post added at 04:26 PM ---------- Previous post was at 04:19 PM ----------
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Originally Posted by Baraka_Guru
I'm still curious as to where they were before Obama.
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Tea Party people have frustrations with the Republican Party and that is the reason there is a Tea Party - otherwise it would just be the Republican Party. The Republican Party gave us McCain, an unacceptable choice. I know Obama and his supporters always want to conclude that is all about Obama, but it is not.
Oh and, I am not a racist. Not a birther. Don't care how Obama got into Harvard. Don't care about his religion. Don't care about how his father felt about British colonialism. And I don't want to kill old people, not educate the young, or destroy the planet.