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Thread: Pawlenty's super-rich tax cuts

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    Re: Pawlenty's super-rich tax cuts

    [QUOTE=MrVicchio;1059581533]
    Quote Originally Posted by Jetboogieman View Post

    And what do you base this on? This "Disaster" on? Hmm?

    you're no where near as flexible as you think you are.
    If that's all you have to say, go home chum, you clearly don't have a grasp of this subject.

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    Re: Pawlenty's super-rich tax cuts

    [QUOTE=Jetboogieman;1059581536]
    Quote Originally Posted by MrVicchio View Post

    If that's all you have to say, go home chum, you clearly don't have a grasp of this subject.
    I have a grasp of the subject, you just don't want to accept that if you cut the spending that's forcing the need to borrow.. you don't have to raise the debt ceiling.

    I know, that's a crazy concept and all..
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by MrVicchio View Post

    I have a grasp of the subject, you just don't want to accept that if you cut the spending that's forcing the need to borrow.. you don't have to raise the debt ceiling.

    I know, that's a crazy concept and all..
    It is not only the spending that is forcing you to borrow... but the lack of a ****ing income base.... and THAT is something Pawlenty and his cohorts dont seem to have the intellectual capacity to grasp.
    Last edited by PeteEU; 06-19-11 at 05:18 PM.
    PeteEU

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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by randel View Post
    Pawlenty's super-rich tax cuts - Jun. 17, 2011


    NEW YORK (CNNMoney) -- Hey rich folks, Tim Pawlenty wants to cut your taxes. A lot.

    Under the terms of his recently revealed economic plan, Americans in the top 20% of earners would see their taxes cut by an average of $23,500, an 8.6 percentage point drop in their tax rate, according to an analysis by the nonpartisan Tax Policy Center.


    And the top 1% would get an annual average reduction of $261,000, a 14.8 percentage point drop.

    Meanwhile, Americans in the lowest 20% of income would see their taxes drop by an average of only $23, a 0.2 percentage point change in their tax rate.


    snip



    Add in Pawlenty's corporate tax plan, and all that cutting means the federal government will bring in almost $7.6 trillion less in revenue over ten years.

    For a government that already spends far more than it brings in, that spells trouble, according to Rosenberg, who said revenue would end up around 13.5% of GDP, far below historical norms.

    good for him-time to make the parasites take less

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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by PeteEU View Post
    It is not only the spending that is forcing you to borrow... but the lack of a ****ing income base.... and THAT is something Pawlenty and his cohorts dont seem to have the intellectual capacity to grasp.
    It never ceases to amaze me how some people thing we can pay the bills without generating the revenue to pay them. They shout "cut spending!" But ask them where they want to cut spending and they tuck and run.

    Cut spending? How about we stop subsidising the extremely profitable oil industry? NO! How about we cut the welfare off to foreign countries like Pakistan and Isreal? NO! How about we stop giving the uber-rich a free ride? NO!

    All they got is a bunch of bitchin' and whining. They got nothing else. No ideas. Nothing. Just a bunch of poo-poo'ing liberals, democrats and Obama.

    And the democrats have a tendancy of throwing gasoline on the fire so they need to clean their house too. I think they have handled this mess, handed off to them by the republicans, terribly.

    It's GREAT to be me. --- "45% liberal/55% conservative"
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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by Captain America View Post
    It never ceases to amaze me how some people thing we can pay the bills without generating the revenue to pay them. They shout "cut spending!" But ask them where they want to cut spending and they tuck and run.

    Cut spending? How about we stop subsidising the extremely profitable oil industry? NO! How about we cut the welfare off to foreign countries like Pakistan and Isreal? NO! How about we stop giving the uber-rich a free ride? NO!

    All they got is a bunch of bitchin' and whining. They got nothing else. No ideas. Nothing. Just a bunch of poo-poo'ing liberals, democrats and Obama.

    And the democrats have a tendancy of throwing gasoline on the fire so they need to clean their house too. I think they have handled this mess, handed off to them by the republicans, terribly.
    populist drivel-just how are we subsidizing the oil industry

    I want to see your understanding of this demobabbling talking point

  7. #57
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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by randel View Post
    if you read on, he also wants to eliminate taxes on capital gains, interest income, dividends and estates...what the hell is he thinking?
    Cearly he knows that those it the top start businesses and create jobs not government and not those at the bottom.

    Until those at the top have confidence In the future they are not going to invest in it.

    So far Obama has instilled confidence in anyone I know of.

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    Re: Pawlenty's super-rich tax cuts

    I gave the wrong impression with my replies in this thread. I'm not all for cutting taxes for the rich, I'm for cutting taxes for everyone. I pay sales tax, income tax, estate tax, gas tax, taxes on investment income that I don't even realize the gains of, the only thing I don't pay taxes on right now is the ****ing air I breathe. I just would like to know when liberals would finally hit the limit and say, "We've been taxed enough now." Is there a limit? The debt ceiling debate says there is not.

    I don't work for the gov't, they work for me. They take my money by force and spend it in ways I don't approve of. For any other venue, that would be a felony, armed robbery. But for the gov't, it's called taxes.

    So no, I do not support any raising of taxes. I will support all lowering of taxes, but would surely prefer it to be for the poorer folks whose tax bills hurt them more than they hurt the more fluent.

    I want to make this clear, I do NOT support tax breaks for the wealthy without equal tax breaks for the rich but I know how hard it is to make money, so while I would prefer everyone get tax breaks, not everyone even pays taxes so at least SOMEONE paying the gov't less makes me happy. Wish it was me, but hey, we can't all benefit.
    Last edited by dontworrybehappy; 06-19-11 at 06:49 PM.

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    Re: Pawlenty's super-rich tax cuts

    Quote Originally Posted by randel View Post
    are you a economically challenged as pawlenty appears to be?
    Well lets see, I have 2 college degrees, one bachelors degree in finance with minors in economics and insurance and an associates in applied science, aviation.

    So yes, I'm economically challenged.
    Last edited by dontworrybehappy; 06-19-11 at 06:48 PM.

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    Re: Pawlenty's super-rich tax cuts

    Pawlenty showed a willingness for realistic spending cuts like getting rid of ethanol subsidies and raising the retirement, but the rest of his plan is simply unrealistic. I find it annoying that I can't find candidates who combine needed spending cuts without some ridiculous tax cut nonsense.

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