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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 apdst View Post
    At what point did raising taxes fix the problem?
    It's part of the solution. The problem is spending to income ratio. Cut spending, raise income. Government earns money through taxes. Raise taxes. If we don't like it, well do a better job controlling the government next time. We got sloppy, this is what you get. It should have been obvious from the start that this is what you get when you stop controlling the government well enough. Broken, out of control government. Duh.
    You know the time is right to take control, we gotta take offense against the status quo

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by apdst View Post
    Higher taxes on small businesses certainly don't lead to job growth.
    Neither does lower taxes. So screw it.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Ikari View Post
    It's part of the solution. The problem is spending to income ratio. Cut spending, raise income. Government earns money through taxes. Raise taxes. If we don't like it, well do a better job controlling the government next time. We got sloppy, this is what you get. It should have been obvious from the start that this is what you get when you stop controlling the government well enough. Broken, out of control government. Duh.
    We're not talking about income. We're talking about revenue. if you raise prices beyond what the market can bare, it will result in less overall revenue.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Ikari View Post
    Not always, there was certainly a time when a man could pride himself on no debt. It's a product of the economy we have. The government can, in theory, deficit spend forever so long as there is someone willing to buy your debt. But it's not infinitely stable, and certainly not at the rate by which we are running our deficit. At some point you have to pay the piper. There is no such thing as a free lunch.
    Always in our lifetime. And what a man can be proud of has nothing to do with the economy. And it is infinitely stable as long as the accumulation of debt is outpaced by the growth of the economy. If the national income increases faster than out debt, we will always be able to pay the piper.
    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 Ikari View Post
    Neither does lower taxes. So screw it.
    Actually, it did, but nevermind the historical facts.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    Always in our lifetime. And what a man can be proud of has nothing to do with the economy. And it is infinitely stable as long as the accumulation of debt is outpaced by the growth of the economy. If the national income increases faster than out debt, we will always be able to pay the piper.
    Higher taxes won't grow the economy.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by apdst View Post
    Higher taxes on small businesses certainly don't lead to job growth.
    Clinton raised taxes, and the economy boomed and created 24 million jobs.

    bush* lowered taxes, and eight million jobs were destroyed in a few months time
    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 apdst View Post
    We're not talking about income. We're talking about revenue. if you raise prices beyond what the market can bare, it will result in less overall revenue.
    We're not talking about prices. We're talking about income taxes. If you raise income taxes, it results in more tax revenue
    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..

  9. #459
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Ikari View Post
    It's part of the solution. The problem is spending to income ratio. Cut spending, raise income. Government earns money through taxes. Raise taxes. If we don't like it, well do a better job controlling the government next time. We got sloppy, this is what you get. It should have been obvious from the start that this is what you get when you stop controlling the government well enough. Broken, out of control government. Duh.
    Meh. Personally I would not change taxes right now. They are not too high, they are not too low. The economy grows at this rate. Hold steady on taxes, cut spending, let growth take care of the rest.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

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    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Redress View Post
    Meh. Personally I would not change taxes right now. They are not too high, they are not too low. The economy grows at this rate. Hold steady on taxes, cut spending, let growth take care of the rest.
    But...but...but...we can't punish those evil rich people and corporations like that!

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