How Vista can help reduce the $9 trillion national debt

How Vista can help reduce the $9 trillion national debt

Summary: Enough said: The wire services are reporting that the Senate voted in favor of increasing the national debt to nearly $9 trillion (to avoid the first-ever default on U.S.

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TOPICS: Windows
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Enough said: The wire services are reporting that the Senate voted in favor of increasing the national debt to nearly $9 trillion (to avoid the first-ever default on U.S. Treasury notes), which means every person in the U.S. is on the hook for about $30,000. Microsoft CEO Steve Ballmer says he plans to spend $500 million this year to promote new products, such as Vista and Office 2007.  Here's a promotion that Microsoft could use to entice users to upgrade to the new Windows: Do your part to reduce the national deficit--upgrade your Windows software to ensure the tax dollars flow and the business friendly Bush tax cuts stay in place. (Note: Bill Gates has been on the side of keeping the estate tax, which a certain party wants to eliminate.)

Topic: Windows

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  • Those tax cuts were revenue positive

    "your part to reduce the national deficit?upgrade your Windows software to ensure the tax dollars flow and the business friendly Bush tax cuts stay in place"

    Those tax cuts, and the ones before from Reagan and JFK were all revenue positive.
    george_ou
    • George_ou

      we can see how great they are working can't we.
      supercally_56
    • Check the IRS data

      You might want to check out the data on the IRS site because compared to the '90s, IRS revenue has not kept pace under the Bush tax cuts.

      I'd really like to see some concrete scientific evidence that demonstrates where revenue increases are directly attributed to those tax cuts.

      On the other hand, Congress needs to get its act together and control spending.
      Blackdog_z
      • Supply side

        Supply side tax cuts have worked in the past, with evidence to support it. Doesn't mean it worked for Bush though. Bush screwed it up by spending more and more and more and more.

        In the 1920s tax cuts worked so well the top income bracket actually ended up paying more tax, and the lowest income brackets paid less.

        [i]Prodded by Secretary of the Treasury Andrew Mellon, three major tax cuts reduced the top marginal tax rate from 73 percent in 1921 to 25 percent in 1926. In addition, the tax cuts eliminated or virtually eliminated the personal income tax liability of low-income recipients. The results were quite impressive. The economy grew rapidly from 1921 through 1926. After the rates were lowered, the real tax revenue (in 1929 dollars) collected from taxpayers with incomes above $50,000 rose from $305.1 million in 1921 to $498.1 million in 1926, an increase of 63 percent. In contrast, the real tax liability of those with less than $50,000 of income declined by 45 percent. Thus, as the tax rates were cut, the revenues collected from high-income taxpayers rose, while those collected from lower-income taxpayers declined. The tax cuts of the twenties substantially increased the percent of taxes paid by the wealthy.[/i] http://www.econlib.org/LIBRARY/Enc/SupplySideEconomics.html

        Then in the 1960s, the Kennedy-Johnson cuts helped that era quite well. And again in the 1980s with reganomics.

        Of course each of these worked for different reasons. Temporary cuts tend to work best. For instance, the 1920s boomed for sure, but then we went into the great depression. The 60s were, of course, followed by the slow 70s. The 80s were good, Clinton kept it going pretty well, and then Bush messed it up again.

        I don't know why I even bothered posting. Porbably because I'm bored.
        glocks out
        • Still no definitive proof

          While your information gives credibility that the tax cuts MIGHT have caused the revenue increase, it is lacks scientific evidence that the tax cuts were the CAUSE of the revenue increase. Couldn't the dramatic increase in stock values be the cause, widespread economic prosperity unrelated to the tax cuts?

          Check this Washington Post article that demonstrates how impossible balancing the current budget is without gutting the budget (sans military spending) without increasing taxes.
          http://www.washingtonpost.com/wp-dyn/content/article/2006/03/18/AR2006031800986.html
          Blackdog_z
  • Exactly

    that's why the deficit ballooned under Reagan and Bush.

    We should cut more so we can get to a surplus.
    sbj
  • Too bad we can't get the gov to sign onto a Carly clause :) (NT)

    NT
    balsover
  • Just like software seems to have a lifespan...

    ...we need our gov. reps. to have one also. Apparently Bush didn't need his second chance to screw-up, but he is making a good effeort at it. Now all we need is a war with Iran, a Taiwan dispute with China, and more corps like Microsoft to not have to pay or pay very little in taxes by using every legal, and sometimes illegal, means necessary. I really believe the Clinton shutdown did not last long enough.
    jmills@...
    • Forgot to mention...TERM LIMITS IN CONGRESS!

      Also, no president who <i>STARTS</i> a war allowed to re-up his term. Make these part of the Constitution, much like no money to do its work, no government, just like a business, or better yet no business in the business of politics. Corp. America gets out and the people have no choice but to get back in, not assuming what political scientists know is true in that certain people will regain or retain control always. Just like the IT world behaves.
      jmills@...