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[CNET] Internet tax proposal up for a vote in Senate this week - Page 14  

post #131 of 243
You are totally right, because only cutting government spending without increasing revenue will totally get us out of this mess. rolleyes.gif

For the last time, during recession, the deficit is the least of our problems, the last thing you want is the government to cut spending. All this does is stall recovery, prolonging recession. Talk about reduced cash flow in the market, where do you think the money that the government spends ends up? into thin air? Greedy politicians lining their pockets aside, the money goes back into the market.

Anybody remember the federal policies during the depression? Maybe look that up.

The general comprehension of Macro Economic systems of this forum is abysmal. Just because the govt and the mainstream news media shouts Deficit, run for the hills, does not mean it is the most pressing matter. Diversionary tactics. Seriously


Side note:

Anybody willing to do some crunching on their computers should check out the BGB 28 event. We are celebrating multiple members attaining the Billion credit milestone in BOINC.

Just click the link in my sig if you are interested. Thanks biggrin.gif
Edited by Biorganic - 3/22/13 at 9:43pm
 
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post #132 of 243
Quote:
Originally Posted by Biorganic View Post

You are totally right, because only cutting government spending without increasing revenue will totally get us out of this mess. rolleyes.gif

For the last time, during recession, the deficit is the least of our problems, the last thing you want is the government to cut spending. All this does is stall recovery, prolonging recession. Talk about reduced cash flow in the market, where do you think the money that the government spends ends up? into thin air? Greedy politicians lining their pockets aside, the money goes back into the market.

Anybody remember the federal policies during the depression? Maybe look that up.

The general comprehension of Macro Economic systems of this forum is abysmal. Just because the govt and the mainstream news media shouts Deficit, run for the hills, does not mean it is the most pressing matter. Diversionary tactics. Seriously


Side note:

Anybody willing to do some crunching on their computers should check out the BGB 28 event. We are celebrating multiple members attaining the Billion credit milestone in BOINC.

Just click the link in my sig if you are interested. Thanks biggrin.gif

Hi Bio!

You're only saying that peoples comprehension of economics is abysmal is because they are not agreeing with you. smile.gif

You seem to view the economy from a Keynesian economic stand point and it doesn't really work.

Where do you think the government gets money to spend? From taxes, right? To think that taking money out of the private sector and putting in to the public sector is going to solve this? We are all well aware of how inefficient the public sector is with money. I think I remember something about shovel ready jobs not being so shovel ready.

Less taxation keeps the money in the private sector where it belongs. If people have more money, they have a tendancy to spend it. If small business has more money, they spend it, grow their business and hire more people who in turn pay taxes on their earnings.
They can now afford to buy things, which are taxed. By lowering taxes you will increase the amount of tax revenue because the private sector can spend more. And when you have more jobs, those people are now paying taxes and you've broadened the tax base. Its created more tax payers!
Government spending does none of that. All it does is move money around by taking it from one area and putting it in another. It creates no new money. It's like taking a bucket of water from one end of the pool and dumping it into the other end and expecting it to fill up.

The last thing you want to do druing a recession is increase tax rates. Even the current president said that. Increased government spending does stall recovery and it prolongs recession because it reduces cash flow in the market. Keep the money in the private sector and let the free market work.


On a side note, I couldn't agree more with your side note. wink.gif
 
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post #133 of 243
Quote:
Originally Posted by noak View Post

No, it shouldn't tax online. The government should have ZERO jurisdiction on the internet, since it is a global entity.

Why should the government take money from online sales when it costs them nothing for it. The government shouldn't tax things just because they can

It doesn't cost the Government anything for someone to buy online?

It doesn't cost them wear and tear on the roads, for that purchase to be shipped?
It doesn't cost them to dispose of the waste it generations, both in manufacturing, packaging, and shipping?
It doesn't cost them to deal with the CO2 emissions that were created to get that product to that persons hands?
It didn't cost them to help provide the very backbone on which the internet was developed, for that purchase to be made?
It doesn't cost them anything at all?

Nothing?

That product magically handles itself, and doesn't require any resource that isn't somehow touched by the system we have, the one we call "Government"?

Please. rolleyes.gif
Quote:
Originally Posted by svenge View Post

Assuming pre-tax prices are equal, a guy from Oregon would buy stuff from his local brick-and-mortar store since there's no sales tax in that state (only 1 of 5 states as such). A better example would be

Nope, we don't have Sales Tax. We just get bent over by the sate on Income Tax. Instead of taxing us on what we spend, when we spend it, we get nailed up front on our checks, for the entire amount we earn!
Quote:
Originally Posted by l88bastar View Post

NO. We do not need to raise taxes. WE NEED to control spending. Our government is rifle with entitlements and fraud, for every dollar raised in tax, 95cents is stolen.

Quote:
Originally Posted by Wenty View Post

Mores taxes more spending for the government........ Wont fix the problem. ........... Reduce government.

You guys are confusing taxes at a federal level with taxes at a state level.

The taxes being purposed here would be done at a state level, which generally is much more efficient than at the federal level.
Edited by PostalTwinkie - 3/22/13 at 11:24pm
    
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post #134 of 243
Sweet double post.
    
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post #135 of 243
I hate how ocn has so many posters who are "experts" about government systems
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post #136 of 243
Quote:
Originally Posted by serp777 View Post

I hate how ocn has so many posters who are "experts" about government systems

That's why I tried to only post actual facts (such as why a law allowing states to tax their citizens' interstate purchases would be constitutional) instead of opinions regarding proper taxation/spending levels on this thread.

I've got my own opinions of that of course, but it wouldn't serve any purpose to post them.
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post #137 of 243
Quote:
Originally Posted by serp777 View Post

I hate how ocn has so many posters who are "experts" about government systems

Yep, who knew OCN was so full of government finance wizards?
post #138 of 243
Quote:
Originally Posted by svenge View Post

That's why I tried to only post actual facts (such as why a law allowing states to tax their citizens' interstate purchases would be constitutional) instead of opinions regarding proper taxation/spending levels on this thread.

I've got my own opinions of that of course, but it wouldn't serve any purpose to post them.

Yes it would. Being proven wrong is curing ignorance. That said, this proposal is idiotic, like most things that Washington spews.
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post #139 of 243
Quote:
Originally Posted by HanSomPa View Post

Yes it would. Being proven wrong is curing ignorance. That said, this proposal is idiotic, like most things that Washington spews.

Explain how enforcing taxes that already exist is idiotic?
    
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post #140 of 243
Quote:
Originally Posted by PostalTwinkie View Post

Explain how enforcing taxes that already exist is idiotic?

Minimal gains, there are pressing issues already and this is what the Congress chooses to spend their time on?
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Overclock.net › Forums › Industry News › Technology and Science News › [CNET] Internet tax proposal up for a vote in Senate this week