Property Tax Prepayment benefit possible for some NH residents

[MAXUM]

Originally Posted by PeterG

You misstate the case when you suggest FLL and other Democrats are hypocritical on this. (So blatantly, I'm surprised he didn't call you on it the first time.)

While it's true that many Democrats at all income levels often support higher taxes on the rich, those tax proposals are generally to fund lower taxes for the poor, expanded social programs, or long-term investments.

This tax bill does not do those things. Instead it sends the extra money in question to other rich people and corporations, while creating a huge hole in the national debt.

Actually, if there's any hypocrisy around this bill, it's the Republicans' abandonment of conservative principles on the national debt.

Where was the outrage and concern over the national debt last 8 years? Oh I guess if your are funding entitlements it's OK.... but I would argue since when does giving anyone something they never paid for directly help them? Those people need a job not another check from Uncle Sam in the mail.

Since we have a progressive tax system in place the higher income brackets pay the most in taxes therefore.... it only stands to reason that any cut in the marginal tax rates across the board will favor those who pay the most. Nothing wrong with that.

That is of course if you actually believe the above statement to be true. Many do not in fact many including the most "celebrated" democrats seem to claim that the wealthy - individuals and businesses pay little or no taxes. That in and of itself shows their utter incompetence. If that is the case, seems that this doesn't benefit the rich at all since they pay nothing in the first place.

So which is it?

In regards to the national debt, there you and I do agree on something, I do not like the fact this country continues to operate in a way where the debt continues to rise however we likely disagree on how to fix that. There is no way to tax into oblivion the "rich" to get us out of the situation we find ourselves in. It will just further weaken our economy and kill more jobs. We need to get this country moving again, get the economy fired back up and make this US based businesses on the world stage more competitive. The only way to do that is to reduce the tax burden on the job creators and create incentive to keep jobs here which will broaden the tax base and reduce the numbers on welfare. We cannot continue to bleed jobs to "low cost" countries and not pay a long term price for that which we already are. So I look at this as an "investment" in the good people and companies of the USA. I guess we'll agree to disagree on who best to receive the benefit of those tax cuts. I prefer to see them target those that will hire more people and innovate new products and services.


Just my .02 cents (tax free)