Friday, May 12, 2006

"Tax-cuts are bad for the economy"...(?)

Tax-Cuts...


$118,085,000,000

It was reported today that the revenue from the tax receipts that came in last month was greater then the same period last year and stronger then expected... kind of looks like those tax-cuts are starting to really pay off...

The A.P. reported "The Federal government ran a monthly budget surplus of $118.85 billion in April as tax receipts came in stronger than the same period last year."

It seems that the tax-cuts are providing a strong economy and one that is not reported as much as you think it would be. Tax-cuts have always increased the amount of revenue coming into the treasury and this has been proven numerous times. Even Democrat President John F. Kennedy understood this and his tax-cuts did the same...

"Through the first seven months of the current budget year, which began Oct. 1, government receipts total $1.35 trillion, up 11.2 percent from the same period a year ago"

As much as the Democrats and Mainstream Media will hate to admit, and probably will not admit it, the tax-cuts brought on by President Bush and the Republican congress have resulted in a growing and strong economy... Another thing the MSM seems to be missing in their reports are that the deficit is coming down...

"The Congressional Budget Office last week announced it was lowering its deficit estimate for this year to $300 billion, significantly below a previous estimate of $350 billion."

Revenues up. Deficit coming down. Unemployment down. Stock Market near all time high. Personal income up. Personal investment up. Government Spending UP!!! Now if we could only get those guys in Washington to cut out the spending on bridges to no-where and other wasteful spending. Now is the time we must get discretionary spending under control...

"Government spending in April totaled $196.2 billion. Through the first seven months of the budget year, spending totals $1.54 trillion, up 5.7 percent from the same period in 2005."

6 comments:

Bubba said...

Ditch the cuts, ditch the whole system. The FairTax will make this look like chump change!

RightsideVA said...

The problem with the FairTax is that there are so many leaches now on the economy and those paying the taxes how are you then gonna get them to pay anything? They already sit home watching cable and eating Doritios while waiting for the month check. And if they do work they get child credit and we end up sending them another check and what do they do with it?
BIGGER Plasma TV for the cable!!!

Bubba said...

They will still get a dole from the govmt, but there are no credits or cuts with the fair tax so when they scrape together enough to buy a bigger plasma TV at least they will be funding their own dole check. And hard working people who spend wisely and save their money and most likely don't buy luxury items on the 15th of each month get to keep and invest their money thus driving the economy.

Oh and the 10-25 million illegals......no prebate for them so everything they buy will just add to federal funds. No more free ride.

By a lot of bling? pay a lot of taxes then......... I love it!

RightsideVA said...

This morning news has a story on how the Mexican government is going to sue the United States if we put the National Guard on the border. They claim it will endanger their people who are attempting to enter the U.S. and that is wrong and they will not stand for it...

Where is Ronald Reagan?

Bubba said...

Mehico......heh.......


I think we should lock the border down tight as a drum and any one we catch coming across should be used as forced labor (chain gang style) to build the fence. while they are waiting to be deported.

Enough is enough. Mehico is afraid of the national guard Bush is going to send....FINE..lets send an armored divison or so or a marine expeditionary force. it would be great training. And THEY have the fire power to deal with the people shooting at the Border patrol guys. Bet that would throw a wrench in the works. Mehico is just afraid that when we stop the border their will be a huge back up of people on their side of the border. People they will have to take care of. People they should already be taking care of!

This is a JOKE. We should lock the border down tight as a drum. The illegals are invaders and should be treated with the same respect they give our laws when they break them. NONE!

SWAC Girl said...

Bubba, I couldn't have said it better. Hundreds of thousands of illegals marching in the streets of America for their "rights" should be a wake-up call to millions of Americans to get off their apathetic behinds and get involved! And vote, dang it! A 25% turnout in local elections is pathetic.