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Thread: Obama: Public is 'sold' on tax increases in a debt-ceiling deal

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    Re: Obama: Public is 'sold' on tax increases in a debt-ceiling deal

    Gravity is not a theory, it's a law. There's no Theory of Gravitivity.
    Last edited by ecofarm; 07-17-11 at 08:01 AM.

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    Re: Obama: Public is 'sold' on tax increases in a debt-ceiling deal

    a chart better demonstrating that (limited) elasticity (would have given me more than 5 images):


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    Re: Obama: Public is 'sold' on tax increases in a debt-ceiling deal

    Quote Originally Posted by ecofarm View Post
    Gravity is not a theory, it's a law. There's no Theory of Gravitivity.
    some fun reading for you:

    Theory of Gravity

    buuuut since it's not worth derailing a thread; so edited

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    Re: Obama: Public is 'sold' on tax increases in a debt-ceiling deal

    The difference between the theory of evolution and "Hauser's Law" is one predicts accurately, one has failed to do so. Not only did your answer not actually answer my original question, you are buying into a failed hypothesis that does not match observation.
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    Re: Obama: Public is 'sold' on tax increases in a debt-ceiling deal

    Quote Originally Posted by cpwill View Post
    a chart better demonstrating that (limited) elasticity (would have given me more than 5 images):

    I really don't like charts that are not up to date and imply certain beliefs without the least bit of consideration of other factors e.g. women entering the workforce, technological improvement, international capital mobility (specifically in Asia), etc....
    Last edited by Kushinator; 07-17-11 at 11:49 AM. Reason: im still hungover
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Obama: Public is 'sold' on tax increases in a debt-ceiling deal

    Quote Originally Posted by Redress View Post
    Uh, no.Since the plan calls for a mixture of cuts and tax increases, he actually has a much larger percentage actually agreeing with him. It's not 80 %, but it's much more than 20 %.
    Uh, no. Since his plan calls for a mixture of IMMEDIATE tax hikes and yet a mixture of cuts over more than TEN YEARS that are severely back dated to occur primarily on the far end, he does not have the much larger percentage actually agreeing with him. Obama's plan is primarily focused around tax increase, putting him in line with at best 11% of the people in that poll.

    Increasing taxes on people immediately and cutting spending over 10 years in a primarily back loaded system is not doing so "equally".

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    Re: Obama: Public is 'sold' on tax increases in a debt-ceiling deal

    gallup, wednesday:

    Only 11 percent of voters want tax hikes to be used as the main way of closing the deficit, a new poll Wednesday found.

    Seven percent of those surveyed by Gallup said that mostly tax increases, along with some spending cuts, would be the best way to close the deficit. Four percent of Americans say that only tax hikes should be used to cut the deficit.

    Voters expressed significantly more support for spending cuts.

    One in five Americans surveyed for the Gallup poll say they think the deficit is best cut down by reducing federal spending alone, while 30 percent say that the best strategy for deficit reduction would employ mostly cuts and some tax hikes. Thirty-two percent of those surveyed said they would like to see a mix of spending cuts and tax hikes.
    Poll: Tax changes unpopular solution to debt - Jennifer Epstein - POLITICO.com

    11% told america's most prestigious pollster deficit reduction should come either completely or mostly from tax hikes, compared to 50% who felt balance should come completely or mostly from cuts

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    Re: Obama: Public is 'sold' on tax increases in a debt-ceiling deal

    Quote Originally Posted by Zyphlin View Post
    Uh, no. Since his plan calls for a mixture of IMMEDIATE tax hikes and yet a mixture of cuts over more than TEN YEARS that are severely back dated to occur primarily on the far end, he does not have the much larger percentage actually agreeing with him. Obama's plan is primarily focused around tax increase, putting him in line with at best 11% of the people in that poll.

    Increasing taxes on people immediately and cutting spending over 10 years in a primarily back loaded system is not doing so "equally".
    I really don't believe (even hope) that tax increases will really materialize. Why would Obama extend the Bush tax cuts only to increase taxes at this point? He is far too politically calculated to make such a move. IMHO, the whole revenue raisers is just a (legit) counter to the criticism over the deficit.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Obama: Public is 'sold' on tax increases in a debt-ceiling deal

    Quote Originally Posted by Zyphlin View Post
    Uh, no. Since his plan calls for a mixture of IMMEDIATE tax hikes and yet a mixture of cuts over more than TEN YEARS that are severely back dated to occur primarily on the far end, he does not have the much larger percentage actually agreeing with him. Obama's plan is primarily focused around tax increase, putting him in line with at best 11% of the people in that poll.

    Increasing taxes on people immediately and cutting spending over 10 years in a primarily back loaded system is not doing so "equally".
    Uh, no. Since you are going way beyond the nature of the poll, you cannot then use the poll results to back your claim.
    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
    Iíve always believed that America is an idea, not defined by its people but by its ideals. - Lindsey Graham

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    Re: Obama: Public is 'sold' on tax increases in a debt-ceiling deal

    Quote Originally Posted by The Prof View Post
    gallup, wednesday:



    Poll: Tax changes unpopular solution to debt - Jennifer Epstein - POLITICO.com

    11% told america's most prestigious pollster deficit reduction should come either completely or mostly from tax hikes, compared to 50% who felt balance should come completely or mostly from cuts
    Or over 70 % feel that tax increases should be part of the deficit reduction strategy. We have discussed this poll at length already in this thread, you might actually read instead of just dropping links with misleading claims.
    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
    Iíve always believed that America is an idea, not defined by its people but by its ideals. - Lindsey Graham

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