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Comparative Federal Tax Contribution by State

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Old 02-13-2009, 08:51 AM   #1
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Re: Comparative Federal Tax Contribution by State

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Originally Posted by Schneed10 View Post
Well a significant portion of the bill comes in the form of tax credits. We'll see those when we file our tax returns next winter.

Also, what people fail to understand is that if you give people on welfare more money, they WILL spend it and spend it immediately. Forget whether you think that's fair or not, that's not the point, the point is the money gets spent, businesses do better as a result, and more jobs get created.
So, how many people are on welfare, and if they were given 3333, wouldn't that add up to quite a chunk of money going straight into the economy.

Also, a lot in the middle class would probably clear up any past due credits (I guarantee that's where mine would go) which would restore credit worthiness immediately (especially if followed with some sort of credit amnesty for a limited time period).

Finally, a lot of the savings would probably go into the stock market. It sure seems like a win win, i mean who would vote against the politician that could say" I put 3333 dollars in your pocket"
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Old 02-13-2009, 09:26 AM   #2
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Re: Comparative Federal Tax Contribution by State

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Originally Posted by Schneed10 View Post
Well a significant portion of the bill comes in the form of tax credits. We'll see those when we file our tax returns next winter.

Also, what people fail to understand is that if you give people on welfare more money, they WILL spend it and spend it immediately. Forget whether you think that's fair or not, that's not the point, the point is the money gets spent, businesses do better as a result, and more jobs get created.
So the people who sit back and do nothing get my/our money to spend as they want while we support them even more. You say we will get a tax credit but I have not read anything explaining who will receive this tax credit.
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Old 02-12-2009, 03:21 PM   #3
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Re: Comparative Federal Tax Contribution by State

no exec pay capping either although they would have laughed at getting 3333.
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Old 02-13-2009, 09:41 AM   #4
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Re: Comparative Federal Tax Contribution by State

For some reason, I can't help but think of the old "Give a man a fish and you feed him for a day; teach him how to fish and he feeds himself for a lifetime".

I think the "idea" however non-functioning it is and will be is to create/preserve jobs, not handout money.
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Old 02-13-2009, 09:57 AM   #5
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Re: Comparative Federal Tax Contribution by State

Look at what happened during the Depression. There was the first “new deal” and the “second new deal”. The whole lets not give handouts was the thought by the government then too.

What happened? During the First new Deal they tried giving Tax cuts to the large corporations hoping that it would boost the economy and enable them to provide new jobs along with other things. Did it? No, because if it had worked there wouldn't have been a second new deal. In the second New Deal they attacked the problem at its source...The people.

The Government set up special works projects etc. so that "it wasn't a handout" but in the end they were still fighting the depression along with getting some other things taken care of. In fact 95% of our highway system was built during the depression and funded by the Government.

So you do not want to give out handouts...fine, Don't give handouts to corporations either. Lets fund a whole bunch of special projects to better the infrastructure. One particular project that comes to my mind is New Orleans. It needs to be rebuilt badly. How about, we rebuild it so well that it never has to worry about being flooded again? If man can make an Island that floats out in Southwest Asia, then we can use the same technology to float the infrastructure of New Orleans during floods and hurricanes. Think about it. That is a large project that would require a lot of workers and it isn't a handout.

But my thinking is, if you are going to give a handout, which our government did; then give it to the people not to the corporations. History has already taught us twice now that it doesn't work that way.

Last edited by KLHJ2; 02-13-2009 at 12:28 PM.
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Old 02-13-2009, 10:04 AM   #6
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Re: Comparative Federal Tax Contribution by State

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Originally Posted by Angry View Post
Look at what happened during the Depression. There was the first “new deal” and the “second new deal”. The whole lets not give handouts was the thought by the government then too.

What happened? During the First new Deal they tried giving Tax cuts to the large corporations hoping that it would boost the economy and enable them to provide new jobs along with other things. Did it? No, because if it had worked there wouldn't have been a second new deal. In the second New Deal they attacked the problem at its source...The people.

The Government set up special works projects etc. so that "it wasn't a handout" but in the end they were still fighting the depression along with getting some other things taken care of. In fact 95% of our highway system was built during the depression and funded by the Government.

So you do not want to give out handouts...fine, Don't give handouts to corporations either. Lets fund a whole bunch of special projects to better the infrastructure. One particular project that comes to my mind is New Orleans. It needs to be rebuilt badly. How about, we rebuild it so well that it never has to worry about being flooded again? If man gan make an Island that floats out in Southwest Asia, then we can use the same technology to float the infrastructure of New Orleans during floods and hurricanes. Think about it. That is a large project that would require a lot of workers and it isn't a handout.

But my thinking is, if you are going to give a handout, which our government did; then give it to the people not to the corporations. History has already taught us twice now that it doesn't work that way.
I agree 110%.

It's sort of like building a team in the NFL. You've gotta build from the ground up and focus on the trenches.
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Old 02-13-2009, 10:07 AM   #7
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Re: Comparative Federal Tax Contribution by State

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Originally Posted by Angry View Post
Look at what happened during the Depression. There was the first “new deal” and the “second new deal”. The whole lets not give handouts was the thought by the government then too.

What happened? During the First new Deal they tried giving Tax cuts to the large corporations hoping that it would boost the economy and enable them to provide new jobs along with other things. Did it? No, because if it had worked there wouldn't have been a second new deal. In the second New Deal they attacked the problem at its source...The people.

The Government set up special works projects etc. so that "it wasn't a handout" but in the end they were still fighting the depression along with getting some other things taken care of. In fact 95% of our highway system was built during the depression and funded by the Government.

So you do not want to give out handouts...fine, Don't give handouts to corporations either. Lets fund a whole bunch of special projects to better the infrastructure. One particular project that comes to my mind is New Orleans. It needs to be rebuilt badly. How about, we rebuild it so well that it never has to worry about being flooded again? If man gan make an Island that floats out in Southwest Asia, then we can use the same technology to float the infrastructure of New Orleans during floods and hurricanes. Think about it. That is a large project that would require a lot of workers and it isn't a handout.

But my thinking is, if you are going to give a handout, which our government did; then give it to the people not to the corporations. History has already taught us twice now that it doesn't work that way.
Sir your history is off it was WWII that pulled us out of the depression.
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Old 02-13-2009, 10:09 AM   #8
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Re: Comparative Federal Tax Contribution by State

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Sir your history is off it was WWII that pulled us out of the depression.
Last time I checked making ammunition and weapons for the military was a special works project.

Edit: And this time War helped pull us into a depression.

Last edited by KLHJ2; 02-13-2009 at 10:17 AM.
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Old 02-13-2009, 10:36 AM   #9
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Re: Comparative Federal Tax Contribution by State

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Last time I checked making ammunition and weapons for the military was a special works project.

Edit: And this time War helped pull us into a depression.
I agree with the first part but I have not heard anyone saying that the current war pulled us into this current mess. My whole point is that this stimulas does not spend but about 10% into actual jobs like building roads and schools.
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Old 02-13-2009, 11:05 AM   #10
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Re: Comparative Federal Tax Contribution by State

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I agree with the first part but I have not heard anyone saying that the current war pulled us into this current mess. My whole point is that this stimulas does not spend but about 10% into actual jobs like building roads and schools.
How much money are we spending per month in Iraq? That is money the Government is not spending here.

As with the second part I agree that more spending should be focused on actual jobs.
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Old 02-13-2009, 02:35 PM   #11
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Re: Comparative Federal Tax Contribution by State

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Originally Posted by Angry View Post
Last time I checked making ammunition and weapons for the military was a special works project.

Edit: And this time War helped pull us into a depression.
And that is total crap. The wars in Iraq and Afganistan have nothing to do with the current situation.
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Old 02-13-2009, 03:00 PM   #12
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Re: Comparative Federal Tax Contribution by State

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And that is total crap. The wars in Iraq and Afganistan have nothing to do with the current situation.
I never said caused. I said helped. And those conflicts have more to do with the current situation than you might want to believe.

Every U.S. Service member and employee in those areas is not paying taxes. They are making more money, which in turn is giving them more disposable income. Some people may be saving up that extra money, but where do you think that most of them are spending their disposable income? It certainly isn't here in the U.S.

It may not be the cause of, but it isn't helping. The bright side is that once these guys are all back, they will be doing some heavy spending.
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Old 02-13-2009, 10:32 AM   #13
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Re: Comparative Federal Tax Contribution by State

Quote:
Originally Posted by Angry View Post
Look at what happened during the Depression. There was the first “new deal” and the “second new deal”. The whole lets not give handouts was the thought by the government then too.

What happened? During the First new Deal they tried giving Tax cuts to the large corporations hoping that it would boost the economy and enable them to provide new jobs along with other things. Did it? No, because if it had worked there wouldn't have been a second new deal. In the second New Deal they attacked the problem at its source...The people.

The Government set up special works projects etc. so that "it wasn't a handout" but in the end they were still fighting the depression along with getting some other things taken care of. In fact 95% of our highway system was built during the depression and funded by the Government.

So you do not want to give out handouts...fine, Don't give handouts to corporations either. Lets fund a whole bunch of special projects to better the infrastructure. One particular project that comes to my mind is New Orleans. It needs to be rebuilt badly. How about, we rebuild it so well that it never has to worry about being flooded again? If man gan make an Island that floats out in Southwest Asia, then we can use the same technology to float the infrastructure of New Orleans during floods and hurricanes. Think about it. That is a large project that would require a lot of workers and it isn't a handout.

But my thinking is, if you are going to give a handout, which our government did; then give it to the people not to the corporations. History has already taught us twice now that it doesn't work that way.
You picked New Orleans as your example? Wow poor choice. That is a fine example of how the federal goverment waist money. If the money was just giving to the people we would have done a better job then all the waist that started with the federal goverment down to the cities in NO. So now you want to tear down the city put it on some giant float and then rebuild the city on this floating island. I think Obama needs to up the stimulas to 6 billion to float that project.

Last edited by firstdown; 02-13-2009 at 10:38 AM.
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Old 02-13-2009, 10:38 AM   #14
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Re: Comparative Federal Tax Contribution by State

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Originally Posted by firstdown View Post
You picked New Orleans as your example? Wow poor choice. That is a fine example of how the federal goverment waist money. If the money was just giving to the people we would have done a better job then all the waist that started withe federal goverment down to the cities in NO. So now you want to tear down the city bput it on some giant float and then rebuild the city on this floating island. I think Obama needs to up the stimulas to 6 billion to float that project.

The city is already destroyed. They can employ workers from outside the state as well. You would not need to float every square inch of land. Only Roads, buildings, houses, and utilities. Its a thought not a save all. What have you come up with Mr. Critic?
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Old 02-13-2009, 10:42 AM   #15
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Re: Comparative Federal Tax Contribution by State

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The city is already destroyed. They can employ workers from outside the state as well. You would not need to float every square inch of land. Only Roads, buildings, houses, and utilities. Its a thought not a save all. What have you come up with Mr. Critic?
How about have Obama sign the bill to allow off shore drilling which is safe and in our state would create 1,200 to 2,000 jobs and cost the goverment very little. Use the tax money raised off of the off shore drilling to fund reserch for alternative fuels.

Hey not a bad post for #6000
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