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Thread: Obama: No Deal Without Tax Hikes

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by TurtleDude View Post
    we werent about to default on our debt or trillions in the hole
    So the Great Depression was no biggie, right?
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    Yes, we were much better off and wealthier 80 years ago
    It has created class warfare, jealousy, and envy. How many times do I have to post this?

    The top 1% of wage earners make 20% of all income and pay 38% of all taxes.

    The top 5% of wage earners make 34.7% of all income and pay 58.7% of all taxes.

    The top 10% of wage earners make 45.8% of all income and pay 69.9% of all taxes.

    The bottom 50% make 12.8% of all income and pay 2.7% of all taxes.

    Currently approximately 47% of all Americans pay nothing and actually get money back making their tax rate negative.
    Do you think shared sacrifice means 47% not paying any Federal Income Taxes? Who do you think those 47% are going to support, those that want to raise their taxes or those that want to raise the taxes on others?

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by The Prof View Post
    i wouldn't go that far
    The state balanced budget amendments are a very different deal. Almost none of them actually require the state to balance everything, they just require them to balance operating costs with revenues. That does not include capital expenditures. What that means is that they can actually go way over budget each year. Which in fact they do.

    Also, a state just faces much different situation than the nation. States are small, they don't have to fight wars, they don't drive the economy to nearly the same extent, their revenues tend to be more stable since they are less reliant on income taxes usually, etc. You can't really compare their situation to the federal government very accurately.

    Quote Originally Posted by The Prof View Post
    every hour that goes by the CUTS get bigger by trillions
    I am very doubtful about that. At present the Republican leadership's strategy is reportedly to put the cap, cut and balance thing in both houses. When it is defeated, the introduce McConnell's bill. What McConnell's bill does is make it so both the house and senate need to vote NOT to increase the debt ceiling if they want to cap debt, but if they don't pass anything, the president can increase the debt himself, and create a committee to review possible savings in the future... That is where it is looking like they're going to end up- doing nothing after having turned down trillions in possible cuts.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by TurtleDude View Post
    there is no objective basis for their hate the rich nonsense nor do these people ever note that so many people pay nothing despite having the same citizenship benefits as the rich
    and there is no objective basis for the rightwings' hate the workers nonsense nor do these rightwingers ever note that so many people pay nothing despite having huge incomes
    Last edited by sangha; 07-19-11 at 06:53 PM.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by TurtleDude View Post
    They don't get any additional benefits from the government so why do they have a duty to pay higher tax rates in addition to far more tax dollars?
    um...the rich get all sorts of benefits from govt., that the middle-class and poor does not get.

    the rich get money from the govt. to invest in R&D, to build new factories, etc etc.

    the rich get money & subsidies for their companies, corporations, businesses.

    the govt. gives billions of dollars to the rich, that the poor and middle-class never see.

    Jesus, do you really think we should only collect in benefits from the govt. what we put in through tax-dollars, and vice-versa??

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Conservative View Post
    It has created class warfare, jealousy, and envy. How many times do I have to post this?
    Because there was no class warfare during the Great Depression or before, right

    You can post it as many times as you like, but it will be ignored until you back it up with some evidence.



    Do you think shared sacrifice means 47% not paying any Federal Income Taxes? Who do you think those 47% are going to support, those that want to raise their taxes or those that want to raise the taxes on others?
    Yes, it is shared sacrifice.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by TurtleDude View Post
    there is no objective basis for their hate the rich nonsense nor do these people ever note that so many people pay nothing despite having the same citizenship benefits as the rich
    It is also easier expecting the govt. to take care of them vs. telling it like it is, taxpayers taking care of them. I wonder why liberals here believe it is someone else's responsibility to take care of them? we are always talking about govt. spending money when we should be talking about the taxpayers funding those who can but do not work

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Thunder View Post
    nice strawman
    you're talking to the wrong person

    Quote Originally Posted by sandha View Post
    any rightwinger that became too greedy would quickly be hung fo treason and the wealthy would quake
    Quote Originally Posted by Thunder View Post
    with great wealth..comes greater responsibility
    you can say that again

    LOL!

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Thunder View Post
    um...the rich get all sorts of benefits from govt., that the middle-class and poor does not get.

    the rich get money from the govt. to invest in R&D, to build new factories, etc etc.

    the rich get money & subsidies for their companies, corporations, businesses.

    the govt. gives billions of dollars to the rich, that the poor and middle-class never see.

    Jesus, do you really think we should only collect in benefits from the govt. what we put in through tax-dollars, and vice-versa??
    You call keeping more of what you earn in the form of subsidies as the govt. giving the rich something? Wow?

    The govt allowing people to keep more of their money always irks liberals who are scared to death of losing their sacred cow, taxpayer funded support.

    Still waiting for what the fair share from the rich is? define it?

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    Post Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    The were destroyed by bush*'s economic policies, which according to rightwingers like you, was supposed to create jobs. Taxes were cut, so where's the jobs?

    Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ



    BLS.gov
    Hey, thanks for posting that link. Just yesterday, Conservative was denying that a net gain of 23 million jobs were created while Clinton was president, even after I showed him the actual data from BLS.gov; and here, the Wall Street Journal says I'm right and he was wrong * ...

    President ............................... Jobs created
    Bill Clinton ............................... 23.1 million
    Ronald Reagan ......................... 16.0 million
    Lyndon Johnson ........................ 11.9 million
    Jimmy Carter ........................... 10.5 million
    Richard Nixon ............................ 9.4 million
    Harry Truman ............................. 8.4 million
    John F. Kennedy ......................... 3.6 million
    Dwight Eisenhower ...................... 3.5 million
    George W. Bush ......................... 3.0 million
    George H.W. Bush ...................... 2.5 million
    Gerald Ford ................................ 1.8 million

    * = ordered by jobs created

    Here's that list *, when time in office is factored in:

    President ....... Jobs created per year in office
    Bill Clinton ................................. 2,900,000
    Jimmy Carter ............................. 2,600,000
    Lyndon Johnson .......................... 2,300,000
    Ronald Reagan ........................... 2,000,000
    Richard Nixon ............................. 1,700,000
    John F. Kennedy ......................... 1,200,000
    Harry Truman ............................. 1,100,000
    Dwight Eisenhower ........................ 438,000
    George W. Bush ............................ 375,000
    George H.W. Bush ......................... 625,000
    Gerald Ford .................................. 745,000

    * = population not factored in

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