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After 10 years of the lowest tax rates in history, both personal and capital gains, we currently stand?
with a net loss of jobs during 2000-2008 period, and sluggish gains from 2008 to today. Why?
13 Answers
- JimLv 710 years ago
Along with cutting capital gains and personal income taxes, the Republicans have cut regulations and lowered tariffs. This and improved technology has made a small group of very rich men and women able to pick an chose where they invest their money and how to structure their multinational companies so they can used the worlds best military and banks and courts and the the worlds cheapest labor to make the most money they can.
- ?Lv 710 years ago
Simple...for every dollar Bush cut in taxes, more was spent.
Just some of the failed policies he signed
No Child Left Behind
Sarbanes-Oxely
Policies that never got through:
Medicare Part D
Privatizing Social Security(partially, actually would have helped out a lot)
There's more, but these are just examples.
- 10 years ago
ignorant response = "Because job creators are overtaxed and overregulated"
reasonable response = "Tax codes had little to do with the current unemployment, although it is now clear that tax cuts for the wealthy do not create the jobs some pundits expected. It seems even more clear, now, that many of our politicians give priority to the needs of their campaign funders ahead of their constituents"
- darren mLv 710 years ago
we gain nothing without happiness .we stand on a melting ice berg if we are a polar bear .
for the rest lotus sutra,admit capitalism over and wel use green marxist concern with pollution of factories y over production of items sold for profit.
Source(s): lotus sutra. green maxism .ipcc report. - 10 years ago
Because the Democrats keep spending more than the government can take in.
It's like blaming your boss for your debt because he's not paying you enough when it's your spouse who just keeps spending more than you bring home.
.
- 10 years ago
This is the question the disingenuous trickle down Reaganomics will never explain to .you... The reason why...?...it is because as an ideology that is irreconcilable.
- Mister GutsyLv 610 years ago
Trickle down economics doesn't work. Kind of hard to deny it at this point. For a while I thought it might because it sounds good on paper but there's no longer denying it. It just doesn't work.
- El TecoloteLv 710 years ago
Take a look at the Frank/Dodd banking bullshit:
http://en.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wa...
This, along with their mismanagement of Fannie and Freddie, has all been laid at the feet of Republicans who failed to successfully fight them on it. Now OWS is protesting their own side of the aisle and they don't even know it.
- Anonymous10 years ago
Because supply-side economics is a colossal failure, and has been so for over 30 years...