Saturday, January 14, 2012

Is it ideal to raise tax during the financial crisis ?

i mean in the past the government lowered taxes to helped solve the previous financial crises







so how will increasing tax helpIs it ideal to raise tax during the financial crisis ?
Raising taxes will not do any good for the economy and will in fact create more problems.
No, it's not "ideal."Is it ideal to raise tax during the financial crisis ?
Yes its high time the rich paid for all of their decadence. Show me a millionaire and I 'll show you a crook.
Obama has proposed tax cuts on families making under $200,000 and a small increase on those earning more than $250,000 (and may have to defer that to get Reublicans support for other parts of his agenda) The vast majority of US citizens will pay lower taxes.Is it ideal to raise tax during the financial crisis ?
i think the Obama administration believes so. how does he expect to pay for all that he proposes? someone has to pay for it... the taxpayer.
Raising taxes on gas would fund badly neglected infrastructure needs and shouldn't hurt demand for gas either. Raising taxes on those making over 250K a year won't hurt thise prospering in a recession.

As a general rule, lowering taxes to deal with a recession is good, but there are exceptions as explained above.
Raising taxes on the rich while giving tax breaks to the poor will provide financial relief to those who need it, as opposed to those who don't.
It certainly isn't ideal. However, raising taxes on the richest people (same % as under Clinton) and lowering taxes on the middle class (if there's any of us left) will stimulate the economy.
Raising tax and interest rates is an ideal solution to economies in recession.

Recessions are just like death and taxes - we all get over it eventually and after recessions come consumer booms. Why on earth Governments try to avoid them is beyond me.

Inflation means money purchasing power decreases which lowers the desire for saving and investment. Increase interest rates and invest is the answer. Probably, plenty of pr1cks will read this and totally disagree.

Well done Maggie - we salute you!!!
A surefire way to worsen an economic contraction is to raise taxes.
No, the ideal thing is never to let a Republican scumbag get in and make irresponsible cuts in the first place. Next stupid question.
Raising it from those who are very well off and won't suffer from the crisis, fine.

A generic raise for everyone though=suicide
If you took Socialism 101 in college like Obama did then it is a great idea.
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