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The Basement
Gibson raided
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<blockquote data-quote="John Roberts" data-source="post: 35595" data-attributes="member: 126"><p>Re: Gibson raided</p><p></p><p>I am glad to see more people engaged in thoughtful discussion about tax policy. </p><p></p><p>The classic line I like to repeat about taxes, is the explanation for why Willie Sutton robbed banks (that's where the money is). Despite all the misdirection and class warfare, if taxes are raised it will be on the back of the productive sectors of the economy, because "thats where the money is". We could take everything from the wealthy and it wouldn't make a drop in the bucket, unless we redefine wealthy as you and me... </p><p></p><p>We have a spending problem, not a tax revenue problem. While at the moment the tax revenue is looking pretty puny because economic growth is on hold until the government stops trying to re-jigger the economy with short term patches...</p><p></p><p>Of course I could be wrong... sometimes I wish I were... but evidence seems to be supporting what I have been saying for years, at least from where I sit, while opinions vary about even the facts. <img src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f642.png" class="smilie smilie--emoji" loading="lazy" width="64" height="64" alt=":-)" title="Smile :-)" data-smilie="1"data-shortname=":-)" /></p><p></p><p>JR</p></blockquote><p></p>
[QUOTE="John Roberts, post: 35595, member: 126"] Re: Gibson raided I am glad to see more people engaged in thoughtful discussion about tax policy. The classic line I like to repeat about taxes, is the explanation for why Willie Sutton robbed banks (that's where the money is). Despite all the misdirection and class warfare, if taxes are raised it will be on the back of the productive sectors of the economy, because "thats where the money is". We could take everything from the wealthy and it wouldn't make a drop in the bucket, unless we redefine wealthy as you and me... We have a spending problem, not a tax revenue problem. While at the moment the tax revenue is looking pretty puny because economic growth is on hold until the government stops trying to re-jigger the economy with short term patches... Of course I could be wrong... sometimes I wish I were... but evidence seems to be supporting what I have been saying for years, at least from where I sit, while opinions vary about even the facts. :-) JR [/QUOTE]
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