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Breathing Room

Tax relief would help all businesses

September 6, 2013

Last week, Gov. Earl Ray Tomblin reiterated something he has been saying for many months, that the state still is working hard to attract an ethane cracker plant to West Virginia....

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AaronS

Sep-09-13 7:37 PM

You've done nothing but ramble on about nothing in this thread Denver. You've yet to address the fact that every time we've had a major tax cut, it's not only stimulated the economy, it's resulted in higher total tax revenue in succeeding years.

You tried to divert the conversation away from that to Reagan and in the end, proved nothing with that diversion either.

And to cap off a thread in which you add nothing to the conversation, your last two comments are about as dumb as you've posted. Ever. And that's saying a lot.

I think it's time you tuck tail and run away from his one as you're proving how little you know.

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denver

Sep-09-13 6:45 PM

little buddy the very next time I hear a so call conservative say tax and spend liberal! I'm going to point them to your comment Sep-08-13 10:43 PM Google: "Breathing Room - Parkersburg - Parkersburg News and Sentinel"

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AaronS

Sep-09-13 8:34 AM

You'll have to explain how you come to that conclusion.

This should be interesting.

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denver

Sep-09-13 5:33 AM

So you admit "trickle down economics" don't work!!

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AaronS

Sep-08-13 10:43 PM

Whats sad Is you actually think you know what you're talking about, don't you Denver. You're living proof that you can't cure unintelligence.

The really sad part is that while you criticize President Reagan for "ballooning" our debt up to 41% of GDP even though his spending saved our military, won the Cold War AND provided the security that led to the prosperity of the 1990's, you laude Obama running our Debt up to ~100% of GDP on spending that is rife with waste and fraud paid primarily to those who purchased the White House for him.

You got a lot of signs, don't ya Denver.

FDA

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denver

Sep-08-13 8:11 PM

little buddy, that's what we figured your reply would be! Reagan's second term the national debt held by the public ballooned from 26 percent of the GDP in 1980 to 41 percent in 1989. By 1988, the debt totaled $2.6 trillion, and that was in 1988. and in 1988 The country OWED MORE TO FOREIGNERS than it was owed. So Id say yes your trickle down economics works, Just like Bush and Cheney taking a a surplus, and turning it into a deficit, and you think it was a success and worked! Yea Right!!!

What was that again about La La Land? Something about dream on.....

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AaronS

Sep-08-13 5:40 PM

Um, denver, the only problem with your prof (whatever that is) is that total revenues increased from $1.02 trillion to $1.9 trillion during the Reagan years so your prof is wrong.

Try again.

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denver

Sep-08-13 4:30 PM

little buddy you ask for prof. There you go! Only you would think that if you take the United States from being the world's "largest international creditor" to the "world's largest debtor nation, was a success and worked!

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AaronS

Sep-08-13 3:47 PM

Have you already forgotten that lesson Denver? Seriously, how can I educate you if you can't retain the information.

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denver

Sep-08-13 3:27 PM

"AaronS" wrote (It has been proven that every time taxes are cut, the economy grows and revenues increase. That is a fact no liberal can dispute.)

Google: Fiscal Conservatism, click on Wikipedia, go to Reagan era "Reaganomics" READ!

Then get back with us little buddy

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Hannover

Sep-08-13 2:34 PM

"Wait, it's denver. Nevermind, I know why you don't get it. "

Okay.

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AaronS

Sep-08-13 12:36 PM

All one has to do is go to the US Treasury web site denver and research revenues by year along with expenditures by year. Total revenues increased as a % of GDP in 4 of the first 5 years after the tax cuts, including consecutive years of record revenues. That doesn't offset spending increases.

Let me see if I can explain it so even you can understand. You bring home 5 apples a week. You get a raise of 1 apple a week meaning you now bring home 6 apples a week to consume. Instead of living within your means though, you borrow 2 apples a week and consume 8 apples a week. It doesn't take long to accumulate a deficit acting in that manner, does it?

Do you understand now?

No Hannover, I don’t pigeonhole.

Anything else from either of you?

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Hannover

Sep-08-13 10:50 AM

Do you do much pigeonholing Aaron?

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denver

Sep-07-13 8:11 PM

Well little buddy that really proved your point, now didn't it??

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AaronS

Sep-07-13 7:20 PM

First, we never had a surplus. I would tell you to google it but I know you can't and if you do, you WILL NOT find a link to any site that shows the US took in more money than we spent. As to why our defict increased, that's easy. Despite record revenues AFTER the tax cuts, we spent more money than we took in. It's really not a difficult concept, for the life of me, I can't figure ouw what about that is so hard to understand?

Wait, it's denver. Nevermind, I know why you don't get it.

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denver

Sep-07-13 4:45 PM

And "AaronS" for the life of me I can't figure out, how anybody thinks that if you start out with a surplus, and end up with a deficit, what you did was a success and worked! But again I don't think like a republican That's why I'm not a republican!

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denver

Sep-07-13 4:38 PM

I noticed "neocurmudgeon74" you didn't say how you going to come up with the $500 million we need now!!! Borrow it from the Social Security funds or China like the republicans do??

And I don't see where our Neighboring States are a whole lot better off than we are, We're not running a deficit, "yet!" Can you say the same for them?

And last, Don't get me wrong! I don't like paying taxes either. But things has to be paid for, either we pay now, or we pay later. I being a Democrat, like to pay for it now!

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AaronS

Sep-07-13 2:11 PM

But you're wrong Denver. The tax cuts worked for the first 6 years and they played no role in the housing collapse. What about that do you not understand?

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neocurmudgeon74

Sep-07-13 2:08 PM

Denver posts, '"neocurmudgeon74" if you keep cutting taxes how you going to come up with the 500 million dollar extra we need now, just to fix our roads?'

Having free trade & travel between States can lead to a race to the bottom. Even if that's what it is, doesn't seem like we have much choice. Do we want to be the best State nobody wants to move to?

'And as for the "Neighboring States don't seem to be doing as bad for their people", They have a heck of a lot more people that live in those states than we do, along with a lot more businesses.'

Yes they have more businesses & more people -- that's kinda my point. Do we want to send them even more businesses -- & have our people move there to get jobs?

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denver

Sep-07-13 1:49 PM

The republicans tax cuts worked great for the first 9 months! What happened to the other 132. And didn't the republican control both the House, and Senate, and the Presidency, in 2003??

And "neocurmudgeon74" if you keep cutting taxes how you going to come up with the 500 million dollar extra we need now, just to fix our roads? You know we don't have Senator Byrd anymore, and we'll be lose Senator Rockefeller next year.

And as for the "Neighboring States don't seem to be doing as bad for their people", They have a heck of a lot more people that live in those states than we do, along with a lot more businesses.

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neocurmudgeon74

Sep-07-13 1:00 PM

@ Hannover re your Sep-06-13 10:41 AM post:

If we want to attract business like VA, PA, OH attract business, we need to tax like VA, PA, OH. Many of us think that just makes sense. So businesses considering setting up, or expanding, don't go over the border for the taxes.

Neighboring States don't seem to be doing as bad for their people as you imply they are.

The Editor disapproves of special tax breaks to get a plant to locate here. The Editor hopes that more proportionate treatment of ALL business will mean we don't have to cut special deals for SOME businesses (a.k.a. "picking winners"). At least that's the way I read this editorial.

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AaronS

Sep-07-13 11:57 AM

They were working out great until 9/11. And even after the terrorist attacks, the economy continued to boom with unemployment at historical lows, GDP growing and the stick marke booming. And the the housing bubble burst. thing is, no respectable respectable economist, including liberals like Paul Krugman will state the the tax cuts led to the housing crisis because its simply not true. Anyone who says different is either ignorant of the facts or a liar.

The thing about the housing bubble is President Bush pushed for reforms in 2003 that would have reined in Fannie and Freddie and essentially prevented the collapse in 07/08. That regulation was killed by Barney Fwank in the House and Chris Dodd in the Senate. Seems our current economi conditions lay at the feet of Dems.

No one has to believe those facts, it's all out there for anyone that knows how to use google.

Feel free to prove me wrong Denver.

If you can.

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denver

Sep-07-13 11:26 AM

What happened to the economy after all the tax cuts the republican gave in the Bush years, how that work for you?

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AaronS

Sep-07-13 9:44 AM

As JFK said, a risin tide lifts all shifts. Trickle down economics led to a nearly 3 decade economic boom that saw GDP increase significantly and was only done in by the housing bubble that wouldnt have burst had Barney Fwank not prevented regulations proposed by GWB in 2003. Liberals make redicioula claims but none of them can be backed by facts or numbers.

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Hannover

Sep-07-13 9:23 AM

I see someone is still pushing that "trickle down economics" fallacy.

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