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Post by kwestfarms on Mar 3, 2013 19:27:02 GMT -5
Hey 420....JMO......people are going to be working longer anyway you look at it as SS payments start later at reduced amounts.
As for means testing....I and probably , only I , cannot understand why any one retiring on income coming from millions invested in real estate and or huge 401's or inheritance , etc., would insist on SS income also , even though they paid in and are entitled to it !!! Remember for every gift too a low wage owner , there is usually some type of tax break helping those on the top end.
And HELL NO......you ain't putting me on no ice flow...JLMAO...John
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Post by better2blucky on Mar 3, 2013 19:40:02 GMT -5
Payroll tax holiday was effort from repubs and democrats to stimulate economy. I wish I was as stupid as 3020 and I could sign up for govment assistance to pay my bills and complain bout govment spending. What an idiot.
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Post by 3020 on Mar 3, 2013 22:58:57 GMT -5
I thought tax cuts were give aways to the rich and didn't stimulate the economy. I would think a smart guy like bb would know that.
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Post by 420 on Mar 4, 2013 10:13:00 GMT -5
Thats not very nice talk,bluckie.Anyway,do you think those tax breaks stimulated the economy?Will higher taxes reduce our debt?
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Post by better2blucky on Mar 4, 2013 10:17:51 GMT -5
Tax cuts on the middle class does temporarily stimulate an economy but also resets an economic "base line" of which to maintain.
Higher taxes will reduce the debt if applied to the debt. Yes.
3020, did you get that 4th grade math lesson yet so you figure what 2 percent of 50K comes to?
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Post by 420 on Mar 4, 2013 10:26:11 GMT -5
Economic basline?
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Post by better2blucky on Mar 4, 2013 10:35:03 GMT -5
a definition of a basiline could be described as a result in which to measure other performance results
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Post by 420 on Mar 4, 2013 10:35:43 GMT -5
Kind of an average?
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Post by better2blucky on Mar 4, 2013 10:40:20 GMT -5
Well kind of but really not. baseline could be manually set or made up or tested to mweasure other results. Medical community uses baselines for say white blood counts or maybe sugar levels or liver function.
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Post by 420 on Mar 4, 2013 10:49:12 GMT -5
So tax cuts, mean people get to keep more of their money,but it would make certain economic indicaters higher,which means we would need that extra money because in effect we reset to higher prices because more money was chasing the same amount of goods? Is any of that right?
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Post by better2blucky on Mar 4, 2013 10:52:22 GMT -5
I agree to that. When the economy is stimulated the baseline is reset and results from the baseline will be the same.
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Post by 3020 on Mar 5, 2013 15:09:35 GMT -5
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Post by better2blucky on Mar 5, 2013 17:05:43 GMT -5
DOW closes at all time high and poised to higher. Between the 2 percent tax expiration and sequester I'm really lovin this.
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