United States Heading towards a Depression?

Discussion in 'Politics & Religion' started by decoyjames, Dec 27, 2007.

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  1. gworld

    gworld Prominent Member

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    #4741
    little willy reflecting and commenting on his life. ;):D


     
    gworld, Jun 22, 2010 IP
  2. Mia

    Mia R.I.P. STEVE JOBS

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    #4742
    And little Julian with nothing useful to contribute to the conversation. Par for the course.
     
    Mia, Jun 22, 2010 IP
  3. gworld

    gworld Prominent Member

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    #4743
    In behalf of little willy, I like to thank you for dropping in to support him since I know how busy you are converting Muslims by giving them BJ. By the way, how is it going for you, how many Muslims have you converted so far? ;):D
     
    gworld, Jun 22, 2010 IP
  4. Obamanation

    Obamanation Well-Known Member

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    #4744
    Does anyone actually find you funny?
     
    Obamanation, Jun 22, 2010 IP
  5. Mia

    Mia R.I.P. STEVE JOBS

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    #4745
    Hey, if it amuses himself...:rolleyes::rolleyes::rolleyes::rolleyes:
     
    Mia, Jun 24, 2010 IP
  6. gworld

    gworld Prominent Member

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    #4746
    I am sure many Muslims are amused by you thinking that you are converting them by giving them BJ. ;):D
     
    gworld, Jun 24, 2010 IP
  7. Obamanation

    Obamanation Well-Known Member

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    #4747
    Are you claiming most Muslim men would accept a BJ from another man?
     
    Obamanation, Jun 24, 2010 IP
  8. scotman

    scotman Active Member

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    #4748
    I don't think we are headed towards a depression so to speak but it is not looking good for us with all the taxes they are trying to implement. I think the biggest lost of current state tax is due to internet sales so if they were smart they would introduce some system that can state tax every online purchase.

    Now with that said I am not a big person or propent on taxes but that is the main reason many states are finding it hard to come up with money becuase of that lost revenue. I am very surprised states have not taken the intiative to do case studies on this. They have all the data their why not make a case study of it?
     
    scotman, Jun 24, 2010 IP
  9. Mia

    Mia R.I.P. STEVE JOBS

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    #4749
    Why is it that every liberal thinks of a lack of tax, or low tax as a loss of revenue?

    The internet has CREATED revenue. Horrendous amounts of revenue in fact. There is no lost revenue. If anything there's been an increase in revenue. What you are referring to I believe is the fact that there is a moratorium on sales tax on goods sold on the internet. What you do not mention is that a great many of the online stores that sell on the internet tax in every state, regardless of internet sale, you still pay sales tax. Where you do not, you pay by way of your connection TO the internet. While we may not pay sales tax on some goods, and do not pay sales tax for services like web hosting, we do pay for any internet connection, be it wired or wireless. We also pay use tax on many internet related services that are provided free of sales tax. In the end, there are taxes, there is revenue, and if anything it's an increase in revenue, not a LOSS.

    The last thing anyone needs is another special tax for the internet itself. I cannot believe you'd actually suggest such a thing. Take a look at your bill for your internet connection. You already pay tax. Ask any of us out here who provide these services... There are taxes. Sales, Use, State, Local, County, Federal and on and on.

    Argh...

    For the record, its not that there's a lack of or loss of tax revenue. It's that the state spends too much money. Maybe the state should consider cutting spending, rather than trying to find creative ways to increase revenue.
     
    Mia, Jun 24, 2010 IP
  10. wisdomtool

    wisdomtool Moderator Staff

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    #4750
    The Fed doesn't have much optimism in the future, wonder how possible is a double dip nowadays. Eurozone is in trouble, I doubt China as an exporting economy can be of much help to pull the world out of the mess. Japan is in a mess itself. Really can't find any green shoots around......there used to be some but I guess once the sun comes up, the shoots dried and withered.
     
    wisdomtool, Jun 24, 2010 IP
  11. scotman

    scotman Active Member

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    #4751
    If you noticed I said I was not a big propent of more taxes. Yes you are paying tax for your internet connection but your connection is a tangible product like e.g. tampons found on a store shelf, two different products both taxed.

    The loss in tax is coming from e.g buying a raptor hard drive at CompSource.com for a base price of $162.00 with a total price of $162.00 or buy the same hardrive from Buy.com with a base price of $168.99 and total after tax price of $183.78. We already know about the loophole and companies can opt out of charging tax why do you think people advertise "we don't charge tax" in their slogans. Becuase what they are saying in court is it is upto the consumer to report the tax on their income tax. Check for yourself Google raptor prices.

    I did not say tax the internet I said tax the products you buy off the internet. Their is a huge difference. The problem here though is a website based companies differs in soo many ways like having a store front on main street. If a store front on main street has to go through the hassle of charging taxes then a company that runs a website business with no store front in the same town should be on the same playing field.
     
    Last edited: Jun 24, 2010
    scotman, Jun 24, 2010 IP
  12. scotman

    scotman Active Member

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    #4752
    I would agree with you these but then again we are talking why the USA would possibly go into a depression. Yes I agree cut special interest spending would fix the issue but when it comes to offering services to the public then those services need to reevaluated if they are over bloated.

    Look I'm a realist I sure don't like paying tax like the next guy but then again I don't see us ridding ourself of the current tax system. Well unless you have the money to take on the IRS. So it is a safe bet taxes are here to stay, so loss in tax revenue is very real for each State.
     
    scotman, Jun 24, 2010 IP
  13. Breeze Wood

    Breeze Wood Peon

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    #4753

    The irony for Democrats is the minority Republicans are still able to stoke the flames of the Great Recession they are responsible for causing but are not being held accountable for by the electorate.

    The Democrats need to stop trying to make deals and just stick to their principles and create the clear distinctions the electorate will chose from in November to be successful.
    .
     
    Breeze Wood, Jun 24, 2010 IP
  14. Corwin

    Corwin Well-Known Member

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    #4754
    I've noticed that you follow a predictable language pattern:

    {don't like subject} but {support for same subject}.

    I think it's called a "takeaway" - you pretend to be against a subject when you are, in fact, in support of a subject.

    What Mia is saying is that he's not buying into your language pattern.
     
    Corwin, Jun 24, 2010 IP
  15. scotman

    scotman Active Member

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    #4755
    I think most Democrats no matter what they do will not be holding seats in predominant Democratic voting districts. If you look at the Carter Presidency which by many is thought to be a failed Presidency, Republican became and held the majority therein after. Each party line has came so far from their roots that their is no clear distinction any longer. We simply can no longer trust that we are voting along the right party line. I'm registering no party affiliation and voting independent from here on out.
     
    scotman, Jun 24, 2010 IP
  16. scotman

    scotman Active Member

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    #4756
    Thats fine if he doesn't buy into my language was not requiring nor do I read between the lines but he said
    which I wasn't implying. I said why don't we start collecting that already established tax which equates to lost tax revenue. This way it would level the playing field for local and internet based businesses.

    Not sure were your getting that. Being taxed is the reality.
     
    scotman, Jun 24, 2010 IP
  17. Will.Spencer

    Will.Spencer NetBuilder

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    #4757
    I think the only real question is whether we will fall into the deflationary stagnation of Japan or spin into the hyper-inflationary spiral of Wiemar Germany.

    [video=youtube;2fq2ga4HkGY]http://www.youtube.com/watch?v=2fq2ga4HkGY[/video]
     
    Will.Spencer, Jun 25, 2010 IP
  18. Mia

    Mia R.I.P. STEVE JOBS

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    #4758
    My bad... Eyes were moving faster than brain. I guess the key point I did notice you made was about states finding a way to insure all are getting taxes, and most already do have that system in place. It's called USE tax. You can buy it tax free all day long. But you must pay a use tax on it, if you did not pay a sales tax. Having been audited, I got hit pretty hard with that several years back. Aside from that, I really do not think any taxing entity is losing out as a result of the internet.

    Anyway, my apologies for the misread and tirade.
     
    Mia, Jun 25, 2010 IP
  19. Corwin

    Corwin Well-Known Member

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    #4759
    We cano no longer trust that we are voting for the "right party line"?

    How about voting for the candidate and not the party?

    It's partisan politics that had hurt this country - "my party right or wrong". I refuse to believe in a party aristocracy.

    I understand your point. I read what you wrote about the raptor hard drive and it made sense - buy it online with no sales tax or buy locally with sales tax + gas.

    From a marketing point of view, there are people that will buy online for price & wait for delivery, & there are people that will go to a brick-and-mortar and buy in person. The challenge is how to differentiate the buying habits and make the brick-and-mortar be attractive.
     
    Last edited: Jun 25, 2010
    Corwin, Jun 25, 2010 IP
  20. Will.Spencer

    Will.Spencer NetBuilder

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    #4760
    Meh... party politics have been around for as long as politics itself.

    I think what's wrong with the U.S. has a lot more to due with letting the socialists take over the K-12 educational system.

    The U.S. has raised several generations of drones and this is the natural fallout.
     
    Will.Spencer, Jun 25, 2010 IP
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