But we do that through the magic of tax cuts, Paul., Rick will explain it.
Paul Nelson wrote:
They had WW2 and Korea to pay for.
Paul Nelson
Cell 708-670-6978
Office 708-425-4198
nelsonp@xxxxxxxxxxxxx
-----Original Message-----
From: cpf0000-bounces+nelsonp=speakeasy.net@xxxxxxxxxxxx
[mailto:cpf0000-bounces+nelsonp=speakeasy.net@xxxxxxxxxxxx] On Behalf Of
Booth Martin
Sent: Monday, April 30, 2007 10:06 AM
To: Open discussion among iSeries Users
Subject: Re: [CPF0000] Finally, my Senator speaks for me.
Some truth to that. Republican tax rates were onerous.
rick baird wrote:
that's funny, because it was the JFK tax cuts that ended that recession.
hmmmmm.
On 4/30/07, Booth Martin <booth@xxxxxxxxxxxx> wrote:
Actually, he said these things to me was right after the Eisenhower
Recession that you mention.
Paul Nelson wrote:
What's your point?
This young man, apparently, hadn't yet experienced the recession of the
50's.
Paul Nelson
Cell 708-670-6978
Office 708-425-4198
nelsonp@xxxxxxxxxxxxx
-----Original Message-----
From: cpf0000-bounces@xxxxxxxxxxxx [mailto:cpf0000-bounces@xxxxxxxxxxxx]
On
Behalf Of Booth Martin
Sent: Monday, April 30, 2007 6:05 AM
To: Open discussion among iSeries Users
Subject: Re: [CPF0000] Finally, my Senator speaks for me.
A young man of the Great Depression, and a Democrat forever after, made
this point: "Damn right my taxes have gone up. But no where near what
my income has gone up! Plus we have roads, electricity, and we just
won WWII. You tell me whats wrong with all that?"
qsrvbas@xxxxxxxxxxxx wrote:
cfuture wrote:
--The Income Tax;
This one stuck out for me, perhaps because taxation necessarily enables
most of the rest.
As much as I dislike a lot of what was in the list and as much as I'd
prefer lowering my taxes, I find it hard to actually argue for income
tax elimination.
True, there are deductions and credits that are questionable; but at
least it's a visible tax. I trust hidden taxes less -- with them, I
have
no good way of knowing when I'm paying a hidden tax. I have no good way
to know how I can reduce my personal tax burden. I have no way to plan
for the coming years.
And when I try to imagine what the status of the U.S.A. today would be,
as measured against other world powers, if we had paid much less tax
during the past 50-70 years, it doesn't add to an argument for a
smaller
tax burden.
The entire world changed in the 20th century. A weak U.S.A. federal
government would have brought a far different 21st century.
I don't like thinking that, but it's hard to avoid.
The growth from 150M U.S.A. population in 1950 to 300+M now, meant
building an entire duplicate country in just over 50 years. Every
house,
every road, every building -- essentially everything had to serve two
people where only 1 was served in 1950. And old ones were wearing out
and had to be replaced. And we had to finance progress -- research into
radically new technologies, new manufacturing procedures, new
agricultural techniques -- in order to stay ahead of the curve.
Everything in other parts of the world was happening faster and we had
to go faster too. And manage everything reasonably well, considering.
I don't have much of a point to make. Maybe I'm just saying that it
sure
could have turned into a bigger mess ahead of us if things had gone
differently. Maybe we didn't do too bad.
Tom Liotta
--
---------------------------------
Booth Martin
http://www.Martinvt.com
---------------------------------
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