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Thread: Obama: No Deal Without Tax Hikes

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    Re: Obama: No Deal Without Tax Hikes

    How misleading can you be?
    1) It wouldn't be raising taxes in a recession since we aren't in one and haven't been for 2 years.
    2) Taxes wouldn't go up for another 2 and a half years.
    3) Taxes would only raise on the rich...you know, the same people who are sitting on record profits as we speak.

    Obama is not the one being obstinate here. There are two sides to this issue: the spending and the revenues. It is not as if, in creating this deficit problem, taxes stayed the same and spending went up. If that was the case you would have something of a point. The reality: tax rates went down and spending went up. We have to rectify both of those things, at least to SOME extent, to solve this problem. Denying that and taking an entire side of the equation off the table entirely is stubbornness...not Mr. Obama's position, which is that you need some of each (and yet much, much more of spending cuts). Your position seems to be that for Obama to NOT be stubborn, his only option is to role over and give the Republicans exactly what they want. Newsflash: the Dems have the Senate and the White House. The GOP is in no position to run the show entirely. There need to be compromises, period.
    Last edited by Swizz; 07-11-11 at 06:56 PM.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Taylor View Post
    It's good that Obama understands the importance of raising the debt ceiling, but too bad that he's chosen to turn it into such a campaign issue. Perhaps he sees this as a way to blame the dismal economy on those 'darned "oil-grubbing, private plane flying" Republicans and shift attention away from his failed policies.
    that is precisely correct. he see's a way to turn this into a campaign issue for himself, and hopefully get attention off of the Stimulus, the high unemployment rate (or give him the ability to try to link republicans to it), and Obamacare.

    He's also not leaving himself much room to negotiate by also refusing to entertain any sort of short term remedy to keep the government going. Chances are high that he'll have to rethink at least one of his ultimatums.
    eventually yes. we'll see how much chaos we all have to suffer before the President deigns to descend from Mount Olympus and bless us all with a speech denouncing strawmen extremists as he accepts what, at this point, we all know the final deal will be anywho.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Taylor View Post
    It's good that Obama understands the importance of raising the debt ceiling, but too bad that he's chosen to turn it into such a campaign issue. Perhaps he sees this as a way to blame the dismal economy on those 'darned "oil-grubbing, private plane flying" Republicans and shift attention away from his failed policies.

    He's also not leaving himself much room to negotiate by also refusing to entertain any sort of short term remedy to keep the government going. Chances are high that he'll have to rethink at least one of his ultimatums.
    The GOP are the ones who made it into a campaign issue. During Bush's eight years, the debt ceiling was raised seven times. Only after Obama took office did it become a political football. The bi[artisan debt commission came to the conclusion that both spending cuts and increases in revenue are needed to bring down the debt. Obama has offered up 4 trillion (4 TRILLION!) in cuts. The GOP has to agree to revenue increases. This is supposed to be a negotiation, not a hostage situation. Both sides give in negotiations. It's not all one-sided.


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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Swizz View Post
    How misleading can you be?
    1) It wouldn't be raising taxes in a recession since we aren't in one and haven't been for 2 years.
    so are you suggesting that the President was lying when he stated that in 2010?

    2) Taxes wouldn't go up for another 2 and a half years.
    this is incorrect - the President wanted taxes to go up immediately

    3) Taxes would only raise on the rich...you know, the same people who are sitting on record profits as we speak.
    AP: Obama's Proposed Trillion Dollar Tax Hike Would Hit Middle Income Families

    Obama is not the one being obstinate here. There are two sides to this issue: the spending and the revenues. It is not as if, in creating this deficit problem, taxes stayed the same and spending went up
    um. that is, in fact, exactly what happened. tax rates haven't changed since 2003. the trillion-dollar-plus deficits started in 2009.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Taylor View Post
    It's good that Obama understands the importance of raising the debt ceiling, but too bad that he's chosen to turn it into such a campaign issue. Perhaps he sees this as a way to blame the dismal economy on those 'darned "oil-grubbing, private plane flying" Republicans and shift attention away from his failed policies.

    He's also not leaving himself much room to negotiate by also refusing to entertain any sort of short term remedy to keep the government going. Chances are high that he'll have to rethink at least one of his ultimatums.
    It's almost like Jimmy Carter is giving him console..

    Even Hillary is like... "dude, chill out, we lost big time in 2010 and the issue was the economy.. Perhaps we should listen for a change?"


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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Sgt Meowenstein View Post
    The GOP are the ones who made it into a campaign issue. During Bush's eight years, the debt ceiling was raised seven times.
    Important to remember. Reagan raised it too - more than once.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by WhyteRash View Post
    IMO, to raise revenue by closing loopholes/exemptions/freebies/welfare/etc., isnt raising taxes.
    It was just a few months ago, at the state of the union address, that Obama called for a "revenue neutral corporate tax reduction." Now he wants to raise taxes on oil and private planes (7.5% of GDP) in a blatant political gesture to make the republicans "the party of the rich."

    Can we believe anything this man says?

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Sgt Meowenstein View Post
    The GOP are the ones who made it into a campaign issue. During Bush's eight years, the debt ceiling was raised seven times. Only after Obama took office did it become a political football. The bi[artisan debt commission came to the conclusion that both spending cuts and increases in revenue are needed to bring down the debt. Obama has offered up 4 trillion (4 TRILLION!) in cuts.
    no, he didn't. he offered up 3 trillion in cuts and 1 trillion in tax hikes - the problem being that many of those "cuts" were nothing of the sort.

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    Re: Obama: No Deal Without Tax Hikes

    ok, important question: will this deal that they are working on mandate spending for whomever is President for the next 10 years?

    how can they tell Congress or the President in 5 years, 8 years, 10 years, how to spend money?

    I don't get it.

  10. #20
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    Re: Obama: No Deal Without Tax Hikes

    cp I think you need to quit being intellectually dishonest. You are using terms as so many of the crooked lawyers that we have on both sides will use to define "tax hikes". Getting rid of a bunch of obscure tax credits that do not effect a high percentage of Americans is not a tax hike. Furthermore, these "tax hikes" as you refer to are not going to destroy jobs as the very top percentage these credits expunges will effect would have used the money saved to otherwise simply get richer. One has to only look at the fact that the recovery is alive and well for the top earners in the US, not so much for the bottom and the middle.
    "We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan

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