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Thread: Obama: No Deal Without Tax Hikes

  1. #101
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by GreatMisdirect View Post
    Question: Does anyone here actually agree with the wars we're currently fighting? Talk about spending cuts, that'd save us a bunch of cash.

    Truth of the matter here is that entitlements are sucking us dry and can't last forever, regardless of what X politician tells us (except for Ron Paul, just about). We have to cut eventually, as we're on an unsustainable path.

    But yeah, raising taxes, I believe, would do pretty much nothing. Raising taxes takes away that much more money from individuals and businesses, making it more difficult to put back into the economy. 70,000+ pages in tax code don't help, either.
    Actually, that's incorrect. Spending cuts tend to always come back with lower benefits than suggested (i.e. - if we cut this, we'll save $48 billion - and then it turns out to be more like $18 billion). Tax hikes tend to come in much closer or over estimates (the Clinton tax hikes brought in MUCH more revenue than originally estimated).

    If the Bush tax cuts were to expire in 2012, it would mean $3.8 TRILLION in government revenue over the next decade (and that would mean higher rates than in Obama's current proposal). And this is according to the WSJ and one of the conservative columnists in the NYT today.

    If you were to spend that increased revenue on REAL infrastructure improvements (better electrical grid, improved highways, railways and bridges) - you would also create hundreds of thousands of jobs and fix the economy.

  2. #102
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    Re: Obama: No Deal Without Tax Hikes

    Let him keep it up. He's just guaranteeing he won't get reelected.

  3. #103
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by SPC View Post
    Let him keep it up. He's just guaranteeing he won't get reelected.
    Don't be so sure, if it comes down to people losing their Medicare and SS or tax hikes for the rich, he will play that populist card like a ****ing fiddle.

    He's not as stupid as you think.

  4. #104
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Jetboogieman View Post
    Don't be so sure, if it comes down to people losing their Medicare and SS or tax hikes for the rich, he will play that populist card like a ****ing fiddle.

    He's not as stupid as you think.
    That's very debatable.

  5. #105
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Guy Incognito View Post
    They're not stupid, just Machiavellian.
    Or more like Pyrrhic.
    Quote Originally Posted by apdst View Post
    It's amazing to hear Leftists compare Conservatives to Machiavelli. Plumb amazing!
    Maybe you meant Plum amazing but at any rate, I don't have an answer for why Republican congressmen are doing this. They certainly must know it isn't in their interest --unless there's some black market deals we don't know about.
    Certainly they must know by now that if it comes down to the wire and expenditures are doled out piece meal, who is going to do the doling?

  6. #106
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Your Star View Post
    Compromise is a two way street, we have to raise taxes to solve the deficit. Period.
    LOL. No we don't. I hope the Republicans do nothing. No deal. No compromise. If the one term Marxist president Obama wants to compromise then I say we let him. But we should not.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Thunder View Post
    closing tax loopholes is not a tax-hike.
    Lies! or if you prefer, propaganda of the left. Of course changing the tax laws to eliminate deductions is a tax increase.

    a tax-hike is where the tax-rate is increased for certain income levels.[/QUOTE]
    That is a great example. But it is not the only way to increase taxes. Do not buy their lies. Do not accept their propaganda.

  8. #108
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Salty View Post
    Or more like Pyrrhic.


    Maybe you meant Plum amazing but at any rate, I don't have an answer for why Republican congressmen are doing this. They certainly must know it isn't in their interest --unless there's some black market deals we don't know about.
    Certainly they must know by now that if it comes down to the wire and expenditures are doled out piece meal, who is going to do the doling?
    The reason they are opposing tax hikes, is because they know that the reason they gained the majority in The House, is because the People wanted them to oppose tax hikes.

  9. #109
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    Re: Obama: No Deal Without Tax Hikes

    So do you guys think Misterveritis will continue to refer to Obama as 'the one-term president Obama' throughout his second term?

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Swizz View Post
    So do you guys think Misterveritis will continue to refer to Obama as 'the one-term president Obama' throughout his second term?
    Probably. My guess, anyway.

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