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Economic Issues Business, Commerce, Consumer Affairs, Economics, Public Finance, Trade

View Poll Results: Do you want a new energy tax?
Yes, I want to be taxed more. 0 0%
No, screw the socialist bastards. 12 100.00%
I'm just a wussy who caan't decide. 0 0%
Multiple Choice Poll. Voters: 12. You may not vote on this poll

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  #1 (permalink)  
Old 11-10-2009
hairballxavier's Avatar
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Cap and tax bill

Obama , the Congressional Dems and General Elerctric have proposed a new energy tax.

Is it economically prudent for the USA to raise taxes on energy?

Why or why not?
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  #2 (permalink)  
Old 11-11-2009
Joint Chiefs of Staff Member

 
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Location: Georgia
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Re: Cap and tax bill

If an avowed Keynesian and Presidential adviser, Christina Romer, recognizes that one dollar in tax increase equals three dollars in GDP suppression, how come the rest of us can't see it?

So, to answer your question, I don't support raising taxes during a recession (if anytime is prudent, a recession certainly isn't) because it would harm our economy.
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  #3 (permalink)  
Old 11-11-2009
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Re: Cap and tax bill

It serves no purpose and is a burden on the economy we can ill affort.
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  #4 (permalink)  
Old 11-11-2009
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Member Since: Jun 2006
Location: Chicago, IL
Posts: 3,803

United_States     Italy

Re: Cap and tax bill

Sure make it even MORE tough for free market America to hire people.

Any such bill would just kill jobs....

This government is fucking retarded.

How the hell do people this stupid [Obama, Pelosi, Frank etc] actually manage to find people to back them? Oh I forgot they just offer idiots free shit which gets them votes which in turn gets them elected where they force the American taxpayer to pay for their stupid ideas...
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  #5 (permalink)  
Old 11-11-2009
Joint Chiefs of Staff Member

 
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Re: Cap and tax bill

So far it's unanimous. No one supports the Radical Left's Cap N Trade bill.
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  #6 (permalink)  
Old 11-11-2009
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Re: Cap and tax bill

Quote:
for free market America to hire people
Well if we can get rid of the free market and control it in a more planned and effective and efficient manner then there wouldnt be a problem.

This government is not doing enough to increase the controls on the economy and destroy the evils of trickle down economics.


And Cap and trade has been an effective tool in europe to reducing the amoutn of pollution produced. Something that most assuredly should be done. After W refused to sign the Kyoto accords prooving that he and republicans didnt care about the environemnt we need to work to reverse the raping of the EPA and increase their power to go after corporations that exceed their carbon caps and other pollutants.
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  #7 (permalink)  
Old 11-11-2009
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Re: Cap and tax bill

Quote:
Originally Posted by Rahmota View Post
Well if we can get rid of the free market and control it in a more planned and effective and efficient manner then there wouldnt be a problem.

This government is not doing enough to increase the controls on the economy and destroy the evils of trickle down economics.


And Cap and trade has been an effective tool in europe to reducing the amoutn of pollution produced. Something that most assuredly should be done. After W refused to sign the Kyoto accords prooving that he and republicans didnt care about the environemnt we need to work to reverse the raping of the EPA and increase their power to go after corporations that exceed their carbon caps and other pollutants.
I'm convinced you have gone completely round the bend....
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Old 11-11-2009
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Re: Cap and tax bill

Quote:
Originally Posted by hairballxavier View Post
Obama , the Congressional Dems and General Elerctric have proposed a new energy tax.

Is it economically prudent for the USA to raise taxes on energy?

Why or why not?
With 10% unemployment and rising and a devaluing dollar, I don't think so. Not to mention the greater tax burden that will be put upon us for the Universal HeathScare. So to force Cap & Trade on us right now would be irresponsible.
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  #9 (permalink)  
Old 11-11-2009
U.S. House Representative

 
Member Since: Jun 2009
Location: St Louis
Posts: 677

   
Re: Cap and tax bill

Quote:
Originally Posted by EagleTed View Post
So far it's unanimous. No one supports the Radical Left's Cap N Trade bill.
Add me to that list...
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  #10 (permalink)  
Old 11-12-2009
Joint Chiefs of Staff Member

 
Member Since: Jul 2009
Location: Georgia
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Re: Cap and tax bill

Quote:
Originally Posted by Rahmota View Post
Well if we can get rid of the free market and control it in a more planned and effective and efficient manner then there wouldnt be a problem.

This government is not doing enough to increase the controls on the economy and destroy the evils of trickle down economics.


And Cap and trade has been an effective tool in europe to reducing the amoutn of pollution produced. Something that most assuredly should be done. After W refused to sign the Kyoto accords prooving that he and republicans didnt care about the environemnt we need to work to reverse the raping of the EPA and increase their power to go after corporations that exceed their carbon caps and other pollutants.
First, Central control of the economy has never worked anywhere it's been tried.

Second, W had nothing to do with Kyoto. Bill Clinton signed the dumb thing, but it couldn't get a handful of Senators to ratify it, so it died under Clinton, not Bush.

Third, I've seen no evidence Europe is better off under Cap and Trade, but certain special interests have made billions off the thing.
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  #11 (permalink)  
Old 11-12-2009
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Secretary of State

 
Member Since: Jun 2006
Location: Chicago, IL
Posts: 3,803

United_States     Italy

Re: Cap and tax bill

Quote:
Originally Posted by Rahmota View Post
Well if we can get rid of the free market and control it in a more planned and effective and efficient manner then there wouldnt be a problem.

This government is not doing enough to increase the controls on the economy and destroy the evils of trickle down economics.


And Cap and trade has been an effective tool in europe to reducing the amoutn of pollution produced. Something that most assuredly should be done. After W refused to sign the Kyoto accords prooving that he and republicans didnt care about the environemnt we need to work to reverse the raping of the EPA and increase their power to go after corporations that exceed their carbon caps and other pollutants.
That's called a "controlled" or "dictated economy", the same ideas are used in far left governments.

It wouldn't be "capitalism" if it was governed, capitalism is a process.

North Korea's economy [or lack of] is a fantastic example of this.

Controlled economies NEVER work, the government always benefits from them while the people get fucked, furthermore the premise of the controlled economy is to SUSTAIN and NOT create wealth.
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  #12 (permalink)  
Old 11-12-2009
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Re: Cap and tax bill

Quote:
Originally Posted by JoMe View Post
With 10% unemployment and rising and a devaluing dollar, I don't think so. Not to mention the greater tax burden that will be put upon us for the Universal HeathScare. So to force Cap & Trade on us right now would be irresponsible.
And that just about sums it up.

It is fascinating to watch the left-wing Dems self-destruct this way. Their insistence on slamming through this bill is another case of a militant and obstinate obsession with ideology. They are utterly blind to the economic realities facing the nation today and they will pay a high price at the polls next year.

However it is unlikely that the bill will pass. There are several sane, moderate, reasonable Democrats in the Senate who are well aware of the sheer idiocy of the bill.

It can't be easy to be a moderate Democrat in this left-wing government. I give them great credit and respect.
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  #13 (permalink)  
Old 11-12-2009
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Re: Cap and tax bill

Quote:
Originally Posted by EricOKC View Post
I'm convinced you have gone completely round the bend....

I thin khe laughs his ass off making this silliness up
__________________
Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing.

Jesus loves you, allah wants you dead

"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand
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  #14 (permalink)  
Old 11-12-2009
Rahmota's Avatar
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Member Since: Jan 2009
Location: Appalachia
Posts: 664

Ohio    
Re: Cap and tax bill

Quote:
It wouldn't be "capitalism" if it was governed, capitalism is a process.
You're right and that is a process that is self-defeating. Nothign continus to constantly grow. Resources and wealth are finite. What has to be done is to find a balanced self-sustaining level of wealth distribution to prevent the increase in disparity between the haves and the have-nots that lead to conflict and revolution and strife. most of the criminial activity in this country can be traced directly to the level of poverty in this country. The struggle for resources has been historically the greatest cause for conflict.

Quote:
I think he laughs his ass off making this silliness up
No I dont. i truely and honest believe in the cause of communism and fair and equitable welath distribution. Resource managemend and controlled economic policies. I firmly believe that this country has the potential to become a truely wonderful place to live as we are close to it but there is still much more to be done and much to learn from our brothers and sisers across the seas.
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  #15 (permalink)  
Old 11-12-2009
Governor
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Location: Maryland, U.S.A
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Post Re: Cap and tax bill

Considering where this country is, I firmly believe in a 19th century style of economics! This is what propelled the USA in my honest opinion! This was also a time when the government had the FED the least! That also helped out substantially!
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