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Thread: Republicans Say They’re Open to ‘Revenue Raisers’

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    Re: Republicans Say They’re Open to ‘Revenue Raisers’

    Quote Originally Posted by Boo Radley View Post
    I won't argue Obama hasn't spent, but I will argue you and your side tend to over state it.
    How do you overstate $1.5 Trillion each year as far as the eye can see?

    j-mac
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    Re: Republicans Say They’re Open to ‘Revenue Raisers’

    Quote Originally Posted by j-mac View Post
    It isn't my job to educate you, why not start with health care, and go from there. Just type in 'google' and I am sure you can find it all.

    but rest assured you are leaving out alot.

    j-mac
    As expected, you're dodging. You've claimed that I'm ignorant of Obama's spending. It's now your job to enlighten me. So...

    Quote Originally Posted by Objective Voice View Post
    Other than the Stimulus, unemployment compensation and the extension thereof, and Libya, list the spending that has come under Obama.
    Support your claim below with the actual numbers...

    Quote Originally Posted by j-mac View Post
    How do you overstate $1.5 Trillion each year as far as the eye can see?

    j-mac
    Getting back to the thread topic, it would seem Republicans are finally open to ending some tax loopholes - "revenue raisers" since Sunday (July 3) and Pres. Obama's Twitter townhall. From FoxNews:

    "If the president wants to talk loopholes, we'll be glad to talk loopholes," said House Republican Majority Leader Eric Cantor. Cantor added that any revenues raised from closing such loopholes "should be coupled with offsetting tax cuts somewhere else."

    Cantor's comments reflected important, if nuanced, flexibility for Republicans. His earlier position was that closing loopholes should wait for a comprehensive effort to reform the tax code.
    Last edited by Objective Voice; 07-06-11 at 08:58 PM.

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    Re: Republicans Say They’re Open to ‘Revenue Raisers’

    Quote Originally Posted by j-mac View Post
    How do you overstate $1.5 Trillion each year as far as the eye can see?

    j-mac
    ■That GOP document says Democrats in Congress and Obama increased the deficit 259 percent since 2008, when it was $458 billion. That ignores the fact that President George Bush was in office in 2008. Obama inherited a $1.2 trillion deficit largely caused by declining revenues and Bush’s response to the economic crisis.

    (snip)

    ■He says Obama’s budget “imposes $1.5 trillion in tax increases on job creators and American families.” But, as we written before, about half of that total would come from increases scheduled under current law.

    Ryan’s Budget Spin | FactCheck.org

    Like I said, overstated. yes, he spends, as did Bush before him and Clinton before Bush and Bush before Clinton and Reagan before Bush and carter before reagan and . . . . well . . . I hope you get the picture.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Republicans Say They’re Open to ‘Revenue Raisers’

    Here's a helpful link:

    Economy | The White House

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    Re: Republicans Say They’re Open to ‘Revenue Raisers’

    Quote Originally Posted by Objective Voice View Post
    Which begs the question, "Why hasn't lower taxes generated more jobs?" Again, the Bush tax cuts have been in effect since 2001, revised in 2003, extended in 2010 and still no significant job growth. Yet we keep hearing the argument that tax cuts create jobs! Or is it that they allow moreso for the wealthiest among us to "keep more of what they earn" with many not putting that money back in circulation within the national economy.

    I see both sides of the argument, but IMO what we have here is "forced" conditions for stagflation. Few new jobs; unemployment hovers; no new revenue streams, incomes remain flat; little to no consumer spending = stagflation.
    Bush had 4% unemployment, too.

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    Re: Republicans Say They’re Open to ‘Revenue Raisers’

    Quote Originally Posted by Boo Radley View Post
    he spends
    yeah...

    part of his problem is that darn stimulus

    it just cost so much, y'know, almost a whole trillion dollars

    and it was such a full out LOSER

    romer and bernstein (you wouldn't know who they are) promised america that unemployment would be just over 6.5% today, per our passage of that prodigiously expensive stimulus

    their analysis is found by opening the krugman link above (you wouldn't know him either)

    very sad

    seeya at the polls, progressives

    bring your crayons

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    Re: Republicans Say They’re Open to ‘Revenue Raisers’

    Quote Originally Posted by Boo Radley View Post
    ■That GOP document says Democrats in Congress and Obama increased the deficit 259 percent since 2008, when it was $458 billion. That ignores the fact that President George Bush was in office in 2008. Obama inherited a $1.2 trillion deficit largely caused by declining revenues and Bush’s response to the economic crisis.

    (snip)

    ■He says Obama’s budget “imposes $1.5 trillion in tax increases on job creators and American families.” But, as we written before, about half of that total would come from increases scheduled under current law.

    Ryan’s Budget Spin | FactCheck.org

    Like I said, overstated. yes, he spends, as did Bush before him and Clinton before Bush and Bush before Clinton and Reagan before Bush and carter before reagan and . . . . well . . . I hope you get the picture.

    Fact Check and PolitiFact are noted biased sites....Anything neutral?

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: Republicans Say They’re Open to ‘Revenue Raisers’

    Quote Originally Posted by j-mac View Post
    Fact Check and PolitiFact are noted biased sites....Anything neutral?

    j-mac


    No, that's just what your inaccurate and extremely biased sources tell you. You get much wrong because you listen to them.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Republicans Say They’re Open to ‘Revenue Raisers’

    Quote Originally Posted by apdst View Post
    Bush had 4% unemployment, too.
    I think it was 7.8 when he left office. You're free to check that.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Republicans Say They’re Open to ‘Revenue Raisers’

    Quote Originally Posted by Boo Radley View Post
    that's just what your inaccurate and extremely biased sources tell you
    says someone who links to whitehouse.gov, comedy central and the SYDNEY MORNING HERALD on behalf of school teachers in new york

    it's all in the sourcing

    LOL!

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