Comments on: John Stone, Candidate for Congress, GA 12th http://www.whatisgoinon.com/podcast/2008/10/22/john-stone-candidate-for-congress-ga-12th/ Hosted by Wilson R. Smith, Attorney at Law on 100.9 FM WLYU. Presented by TCB Broadcasting, Lyons, Ga. Fri, 12 Mar 2010 06:31:43 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: raymckinney http://www.whatisgoinon.com/podcast/2008/10/22/john-stone-candidate-for-congress-ga-12th/comment-page-1/#comment-450 raymckinney Tue, 04 Nov 2008 01:15:49 +0000 http://www.whatisgoinon.com/?p=906#comment-450 Several points. How does Barrow vote both ways? Well, his recent endorsement by the NFIB was based on two criteria. First he is incumbent and second he has a scorecard of 70%. Now the interesting part is Johns score was less than 60% for the first 3.5 years of his service. In the last 6 months he made 3-4 votes that raised his rating. It is interesting that on those votes, the result of the bill was opposite of the way he voted. In other words, safe vote. Second, a sales tax is regressive. There are not dedections. Apparantly, like many others, you have never read the bill. It is TOTALLY exempt for low income earners via the prebate. It's all in there. As far as "exempt", the only reason home interest is "exempt" is because the banks pay taxes on the interest they earn off your loans. Since the banks are paying at a higher tax rate than the average person the government actually makes more money. Cutting taxes to balance budget? Well, if you would do about 5 minutes of research you would see that government revenues are at record levels since the tax cuts. The problem is the government spending is also at record levels. Less loopholes? Get with the program. Businesses NEVER pay taxes. They may be the ones sending in the check but they always get their revenues from their clients. Tax them all you want, they will only pass the tax onto the buyer. We are all swimming in the same pool so no matter where you draw the water from, it lowers the level for everyone. Several points. How does Barrow vote both ways? Well, his recent endorsement by the NFIB was based on two criteria. First he is incumbent and second he has a scorecard of 70%. Now the interesting part is Johns score was less than 60% for the first 3.5 years of his service. In the last 6 months he made 3-4 votes that raised his rating. It is interesting that on those votes, the result of the bill was opposite of the way he voted. In other words, safe vote.

Second, a sales tax is regressive. There are not dedections. Apparantly, like many others, you have never read the bill. It is TOTALLY exempt for low income earners via the prebate. It’s all in there. As far as “exempt”, the only reason home interest is “exempt” is because the banks pay taxes on the interest they earn off your loans. Since the banks are paying at a higher tax rate than the average person the government actually makes more money.

Cutting taxes to balance budget? Well, if you would do about 5 minutes of research you would see that government revenues are at record levels since the tax cuts. The problem is the government spending is also at record levels.

Less loopholes? Get with the program. Businesses NEVER pay taxes. They may be the ones sending in the check but they always get their revenues from their clients. Tax them all you want, they will only pass the tax onto the buyer. We are all swimming in the same pool so no matter where you draw the water from, it lowers the level for everyone.

]]>