🚀 go-pugleaf

Republicans have controlled Congress now for how many years?

What year did Republicans take control of Congress?

What was the Dow Jones Industrial Average on Dec. 31 of that year?

What was the Dow Jones at the close of the day today?

Do you find it interesting that the Dow has risen so high during the time
Congress has been under the control of Republicans?

To answer your question, when did the GOP borrow and spend?




Tracey






Olin Murrell wrote:

> Let's turn the question around just a bit. If the GOP is so much in love
> with the so-called balanced budget, why is it that the last president to
> even submit a balanced budget PROPOSAL to Congress was Lyndon Johnson?
>
> Yeah, democrats tax and spend. Republicans generally borrow and spend.
>
> Big difference, huh?
>
> NOT!
>
> "Tracey-Levin" <tracey12@hotbot.com> wrote in message
> news:39B59997.CDCE212F@hotbot.com...
> > Some Democrats are so in love with the concept of taxation. Why?
> >
> > Is the Democrat below a recipient of welfare, or some other government
> hand out?
> > Is that why he is so eager to defend confiscatory taxation?
> >
> >
> > Tracey
> >
> >
> >
> > Jim Riley wrote:
> >
> > > On Mon, 4 Sep 2000 00:55:42 +0200, "Steve Slatin"
> > > <sslatin@attglobal.net> wrote:
> > >
> > > >In fact, much of the wealth in most large estates has NOT been taxed.
> > > >stock, which has appreciated.  The appreciated element has not been
> > > >taxed.
> > >
> > > But if the stock had been sold, its appreciation would have been
> > > taxed.  So whether or not it is also hit with an estate tax is
> > > arbitrary and capricious.
> > >
> > > >            If you buy land for $1000 an acre and two decades later
> sell it
> > > >for $20,000 an acre, it's profit and it's taxed.  If you hold it, no
> tax until
> > > >death.
> > >
> > > If you sell it the year before you die, it's taxed twice.  Arbitrary
> > > and capricious.
> > >
> > > >The other point is that your father's million is not taxed under estate
> > > >taxes.   There's an exemption that is escalating under current
> legislation that
> > > >puts the tax-free estate limit at over a million.
> > >
> > > An arbitrary and capricious amount.
> > >
> > > >Of course, the politicians grandstand all over this issue, and conceal
> the
> > > >facts -- which they know well.  Estate taxes only touch a percent or so
> of
> > > >all estates,
> > >
> > > An arbitary and capricious level.
> > >
> > > >and the average rate is way below the 55 percent figure even
> > > >for those -- they toss that around to frighten the ill-educated.
> > >
> > > The income tax rates have been nowhere 55% since the Reagan-era tax
> > > reforms.  What justification is there for taxing one $1 at that rate
> > > even if it is "income"?
> >