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Thread: Key republican bolts from debt ceiling talks

  1. #91
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    Re: Key republican bolts from debt ceiling talks

    Quote Originally Posted by Gargantuan View Post
    You consider Ryan's plan to be fiscally conservative? obama's deficit commission reduction plan is more fiscally conservative than Ryan's lets borrow for 10 years in gigantic numbers and icnrease the debt, then have a balanced budget in 2051!!
    Then why is Obama ignoring his own deficit commission ???

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Key republican bolts from debt ceiling talks

    Quote Originally Posted by Objective Voice View Post
    If your gross income was only $40K/annual, then I'M NOT REFERRING TO YOUR TAXES BEING RAISED! $40/K a year is not what I'd classify as being wealthy. As a small business owner, your gross income is no more than my annual salary. So, neither of us can afford a tax increase. In effect, you're part of the middle-class - the very group President Obama has advocated for - IS advocating for - from Day-1!!! As such, I'm amazed that you of all people have been so vehemently opposed to him and his policies.

    I realize you're a small-business owner and you've got different issues to deal with than the every-day working man, but the President's tax policies have been pro-small business/pro-middle-class. Moreover, the tax threshold he has continuously referred to would only apply to those making +$250K. So, I'm quite puzzled by your perception of him.
    No, the tax threshold of $250 K that Obama and the Dems keep talking about will affect any small business owner that incorporated as a sub-chapter S (almost all of them) that has a taxable income for the business over $250 K. That will affect most small business owners. Sub-chapter S corporations consider the business and the business owner's income as the same.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





  3. #93
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    Re: Key republican bolts from debt ceiling talks

    Quote Originally Posted by Gill View Post
    Then why is Obama ignoring his own deficit commission ???
    In general, the debt commission was just a way to buy time and to make a half-hearted attempt at selling the American people on the notion the Obama Administration was attempting to do something about the debt. I don't think the Administration is serious about the debt. This was just their way of paying lip service to the polls showing the American people are very concerned about it.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  4. #94
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    Re: Key republican bolts from debt ceiling talks

    Quote Originally Posted by Gill View Post
    Then why is Obama ignoring his own deficit commission ???
    He also ignored his attorneys about Libya. He is full-on Rogue. I bet he nukes the crap outa Iran next.

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    Re: Key republican bolts from debt ceiling talks

    Quote Originally Posted by ecofarm View Post
    He also ignored his attorneys about Libya. He is full-on Rogue. I bet he nukes the crap outa Iran next.
    Nah.... he'll wait til closer to the election to do that.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Key republican bolts from debt ceiling talks

    Quote Originally Posted by Gargantuan View Post
    Debt ceiling: Key Republican bolts debt ceiling talks - Jun. 23, 2011

    I'm sorry but this is absolutely ridiculous. Democrats control the senate and the White House. That's 2/3. You guys control 1. We already have agreed to cutting medicare and other entitlements, and you won't even give us tax increases in the form of cutting loopholes and subsidies? Is the GOP kidding?
    Why is it that Liberals can't learn from their mistakes.

    If you raise Taxes you kill any tiny bit of recovery there might have been, they have spent us into near bankruptcy and caused the recession too be prolonged and now they want to do more of the same.

    I applaud the walk out

    My big question is why in hell is Biden involved, he's a total imbecilic idiot Isn't he the fool who when talking about spending money we dont have said: "We Need to Spend Money so we Don't Go Bankrupt."
    What a maroon.

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    Re: Key republican bolts from debt ceiling talks

    Because Biden has been involved in every single deficit reduction bill for the past 35 years he's been a senator.

    And again, this isn't about raising taxes. It's about closing loopholes. Stop being stupid & read the topic.

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    Re: Key republican bolts from debt ceiling talks

    Quote Originally Posted by Gargantuan View Post
    Because Biden has been involved in every single deficit reduction bill for the past 35 years he's been a senator.

    And again, this isn't about raising taxes. It's about closing loopholes. Stop being stupid & read the topic.
    Because he's done something for 35 years doesn't mean he's competent. The clip of Biden is damning evidence... and it maybe that it's about closing loopholes with Biden now and the loopholes, were they the only tax issue on the table, would get support from both sides of the isle. Unfortunately, that's not the only tax ... sorry... revenue item on the table with Biden.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: Key republican bolts from debt ceiling talks

    Quote Originally Posted by lpast View Post
    I agree and im a republican...they refuse to cut the billions in subsidies that corporations recieve and instead want tax cuts for only the richest americans and corporations....subsidize them and give them tax cuts....whats wrong with this picture
    Might be time for you to bolt from the party, like I did.
    The ghost of Jack Kevorkian for President's Physician: 2016

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    Re: Key republican bolts from debt ceiling talks

    Quote Originally Posted by Gargantuan View Post
    And again, this isn't about raising taxes. It's about closing loopholes.
    Americans for Tax Reform (the organization for which many Republicans signed onto a pledge not to raise taxes) isn't concerned strictly with tax rate increases. By that definition, the closure of loopholes or elimination of deductions/preferences/credits that would have a net impact of increased revenue, even as tax rates would not be changed, would constitute a "tax hike" that is opposed by those who signed the pledge.

    ATR's Pledge States (the underlining is mine in order to better illustrate the issue in contention):

    I, _____, pledge to the taxpayers of the (____district of the) state of ______ and to the American people that I will: ONE, oppose any and all efforts to increase the marginal income tax rate for individuals and business; and TWO, oppose any net reduction or elimination of deductions and credits, unless matched dollar for dollar by further reducing tax rates.

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