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Slash
Lv 4
Slash asked in Politics & GovernmentPolitics · 10 years ago

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

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  • M
    Lv 7
    10 years ago
    Favorite Answer

    Because the government can't stop spending money

  • Jim
    Lv 7
    10 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 7
    10 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"

  • 10 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.

  • 10 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.

  • 10 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.

  • Anonymous
    10 years ago

    Because supply-side economics is a colossal failure, and has been so for over 30 years...

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