11/22 so what is the justification for eliminating the tax deduction
for providing your employees with health insurance? evil?
assholeness? true conservatism? freedom is on the march?
i don't get it.
\_ If you are asking a serious question, some people believe
controlling/encouraging behavior through taxes is not a good
idea. Why Bush did this is another matter, of course. -- ilyas
\_ I don't think the gwbush administration is doing anything
because of deeply held conservative principles that are ingrained
in them after long years of study of Smith. They just
want to stick non ultra rich people with the bill for
their spending habits. - danh
\_ Neat Dan, can I borrow your direct line into W admin's heads
sometime? I mean seriously, is it completely inconceivable
to you that there may be a non-evil explanation? -- ilyas
\_ so what is their justification? the war on terror? - danh
\_ It's not like Dubya woke up one day and decided to cut
in this particular way. He has some idea of what he
wants, and he asks his advisors, who in this case would
be high powered econ people, for plausible
implementation. Your beef is probably with them, but
I bet they _are_ governed by principle (and understanding
of econ). You may not agree with the principles, but
painting them as mindless evil is silly. -- ilyas
\_ No, he didn't wake up and think this. He's said
all along that this was what he wants to do. His
whole plan of the ownership society is about "encour-
aging investment". Unfortunately the HUGE majority of
the population does not have sufficient investment
to benefit from these policies nor available cash
to increase their holdings. This is a massive tax
burden shift from investments to income.
\_ Actually, insofar as Bush wants to encourage
any sort of behavior (even 'good' behavior, as I
see it), I disagree with him. On the other hand,
moves to make out tax system less progressive and
more flat make me happy. I d be annoyed if he
copped out of the vague flat taxish motions he was
making in early 2004. -- ilyas
\_ you don't believe there are evil people in the
world?
\_ No, I don't believe Bush's econ prof advisors are
evil, no. Do you? Can I have some of the good
stuff you are having? -- ilyas
\_ I believe Grover Norquist bathes in the blood
of liberal virgins every night. - danh
\_ don't be an idiot! no red blooded texan
listens to sissy econ prof from academia.
he just finds an econ prof whose theory
happens to fit his agenda.
\_ whether they are evil or not doesn't matter so much to me
lately, whoever is in charge of fiscal policy appears to
be completely delusional as they continue to increase
spending while deliberately cutting off the gov's revenue
streams. maybe grover norquist has gay blackmail photos
of everyone? can you find a non faith based economist
who actually thinks cutting off revenue and running huge
budget and trade deficits is a good thing for the US
economy? i think the dollar is going to plummet,
debt service is going to become a huge chunk of our budget
just like several third world countries, but at least
gay people won't get penalized by the death tax. - danh
\_ Link? I have no idea what you're talking about.
\_ http://csua.org/u/a2h
[stuff about the administration trying to further cut capital gains
taxes]
"The changes are meant to be revenue-neutral. To pay for them, the
administration is considering eliminating the deduction of state and
local taxes on federal income tax returns and scrapping the business
tax deduction for employer-provided health insurance, the advisers
said." - danh
\_ Do people here live in caves?
\_ More or less. I don't watch TV, and read the news that shows
up on google.
\_ I particularly like the $2m to buy the presidential yacht.
\_ The justification is that the current administration is
against gay marriage and terrorists. Get it?
\_ What will screw me is eliminating the deduction for state and
local taxes. It would be just like Kerry winning. The biggest
reason lots of Repubs vote Repub is because of taxes. If Bush
is gonna sock it to high-income people living in states with
high tax rates then the Repubs are ruined.
\_ Welcome to the ownership society.
\_ Dude, Bush is spending massive amounts of money while slashing
taxes for obscenly wealthy, leading to record debts. Where do
you think the money is going to come from? Just because the
Republicans claim to be the party of financial responsibility
doesn't mean they are.
\_ "If Bush is gonna sock it to high-income people"...
\_ He isn't socking it to the ultra-high income people.
\_ There aren't enough ultra-high income people to make
any real difference to government debt one way or the
other.
\_ Ultra-high income people are still getting screwed
by this, because they pay a lot in state taxes. If
you make $10 million per year you are paying $1
million to CA and Bush's stupid idea costs you real
money.
\_ No. Those states voted Kerry anyway. Bush's power base is
secure.
\_ Haha, it would be awesomely evil if Bush implemented a
blue state agenda in blue states. Democracy would work
then! -- ilyas
\_ This was not a blue state agenda in any way shape or form.
\_ Raising taxes is always a blue state agenda.
\_ Until you start actually questioning this are
you just going to keep being surprised that the
republicans are fucking you tax wise while claiming
the opposite and then forgetting about it until the
next time your ass hurts?
\_ Oh, you mean CA. A state with blue state budgetary
priorities and the predicted blue state problems? |