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

  1. #411
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    Re: Republicans Say They’re Open to ‘Revenue Raisers’

    Quote Originally Posted by obvious Child View Post
    Adpt doesn't use google or fact checks. So you can pretty much assume he's 1) not going to fact check his own arguments and 2) not fact check your arguments.
    Quote Originally Posted by Boo Radley View Post
    Make any excuses you want, but the fact is he left when it was 7.8. Now, I don't think the government controls this, but your partisan view ignores facts to blatantly to ignore.
    Go fact check who was controlling Congress for the last two years of Bush's second term.

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

    Quote Originally Posted by apdst View Post
    It was 4.5% before the Libbos took over Congress, then it went up, steadily, starting in 2007. Might wanna do yer own fact checkin', bro.
    It also went up when the GOP took over the Senate in 2003.

    United States Unemployment Rate 1920–2008 — Infoplease.com

    And U6 hit 10% that year too.

    Portal Seven | U6 Unemployment Rate

    Whoops.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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

    Quote Originally Posted by ptif219 View Post
    You mean the ones Obama and the democrats extended?
    Do you realize you just blasted the Democrats for cutting taxes?

    Jesus boy. Do you ever reflect upon the massive internal contridictions you hold?
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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

    Quote Originally Posted by obvious Child View Post
    It also went up when the GOP took over the Senate in 2003.

    United States Unemployment Rate 1920–2008 — Infoplease.com

    And U6 hit 10% that year too.

    Portal Seven | U6 Unemployment Rate

    Whoops.
    What was the U6 rate after the Democrats took over? I bet you won't post those numbers.

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

    Quote Originally Posted by Thunder View Post
    Obama inherited a $9 trillion deficit. Are you saying the deficit is now $18 trillion?

    thought not.
    Obama Added More to National Debt in First 19 Months Than All Presidents from Washington Through Reagan Combined, Says Gov


    In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.

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

    Quote Originally Posted by Objective Voice View Post
    From the article ptif219 linked to (post #225):



    I point this out because it kinda flies in the face of the Conservative mantra..."keep more of what you earn". Of course, instilling the child tax credit only helped to reduce the gross income of low wage earners that much more, but here's the rub...

    A tax subsidy is a tax subsidy. The question becomes does impossing such a subsidy help the overall economy? Does the child tax credit put more money in the pockets of low-income families and, thus, providing more disposable income and, thus, allowing them to spend and/or save more? You guys (Conservatives) have said so yourselves that all poor people will do with their money is spend it on "things". They can't invest; $16K/annual will buy you very little in today's economy. As such, should the government take away this tax credit for the working poor for the sake of non-investment or should it remain because it spurs 1-time consumer spending (around tax refund time)?
    That means Obama did in 2 years what it took Bush 8 years to do

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

    Quote Originally Posted by Objective Voice View Post
    You do realize you're advocating for the expiration of the Bush tax cuts, right? ALL of them!!
    No the whole income tax system

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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.
    Why did Obama and the democrats extend them?

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

    Quote Originally Posted by apdst View Post
    What was the U6 rate after the Democrats took over? I bet you won't post those numbers.
    Probably high. I gave you the graph.

    But what I never do is idiotically (as you often do) assume that the policies within the year are the cause. Largely because I understand how long bills take to become law. You on the other hand jump on anything that even looks remotely bad for Democrats.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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

    Quote Originally Posted by obvious Child View Post
    That doesn't make sense. Republican bracket cuts and increased credits dropped many of the poor off the income tax rolls. You are basically saying that Democrats raising taxes took people off of the tax rolls. That does not make sense.
    36% under Bush now it is 47%

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