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Thread: United States loses its AAA Credit rating from S & P

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Polotick View Post
    And the cost of all that research is passed on to...


    ...

    ...

    wait for it...


    ME! and my medicare!!!
    That's always the case in business.... it's not unique to the pharma industry.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Ockham View Post
    That's always the case in business.... it's not unique to the pharma industry.
    I agree with you, but it also lays to rest the claim that social spending isn't supporting the R&D, in the final cost to the customer. Any new treatment is always very expensive to recover those costs. It also drives up the cost of health insurance.

    My point was to show that these things are interdependent on each other.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Polotick View Post
    I agree with you, but it also lays to rest the claim that social spending isn't supporting the R&D, in the final cost to the customer. Any new treatment is always very expensive to recover those costs. It also drives up the cost of health insurance.

    My point was to show that these things are interdependent on each other.
    Wonder if illegal immigrant treatment drives up healthcare costs or lawsuits drive up costs? Hmmm

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Polotick View Post
    Please. Are you really going to compare people living at or below the poverty line with wealthy corporations? What are they supposed to pay taxes with, forced labor, it's all most of them have.
    Do you really believe that one half of all Americans live at or below the poverty level? Maybe we need to redefine poverty.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Then address the issue since no other liberal will. How much revenue do you expect to raise on increased taxes for the rich? Then compare that to the amount available from the 65 million income earners who aren't paying anything at all in FIT?
    Really? None of us have? I find that hard to believe. Besides, before answering your question about what to do with the income tax rates, we need to have a discussion on the total costs of living at various income levels, not just one single expense known as income taxes.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by pbrauer View Post
    What's the reason they pay no FIT? Wasn't it your hero, President Bush, who knocked millions of taxpayers off the tax rolls? Back then conservatives heralded this, now all they can do is bitch about it - like you.
    It is a a mistake that needs correction. It was one more step toward the end of the nation.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Phys251 View Post
    Really? None of us have? I find that hard to believe. Besides, before answering your question about what to do with the income tax rates, we need to have a discussion on the total costs of living at various income levels, not just one single expense known as income taxes.
    Depends on the area of the country, doesn't it? Seems that liberals focus on the Federal Taxes that those evil rich people pay but not the state taxes and the affects that Federal Taxes on state revenue collection. People are fleeing NY in droves so what does that do to the tax base there?

    I have seen a number like 700 billion over 10 years with is 70 billion a year to pay for the 1.5 trillion dollar deficit we are generating each year and not one liberal has acknowledged a downside to raising taxes with 25 million unemployed or under employed Americans. Right now 70 million Americans aren't paying any FIT, is that their fair share in your world?

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by winston53660 View Post
    The guy is a walking cliche.
    I like him.

    Half of Americans pay no federal income taxes. Half of Americans live with their hands out looking to a politician to promise to fill them. And many of those same Americans believe that those of us who do pay nearly all of the taxes are not paying our fair share. Awesome!

    This is why we are doomed.
    Last edited by Misterveritis; 08-12-11 at 02:28 PM.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Misterveritis View Post
    I like him.

    Half of Americans pay no federal income taxes. Half of Americans live with their hands out looking to a politician to promise to fill it. And many of those same Americans believe that those of us who do pay nearly all of the taxes are not paying our fair share. Awesome!

    This is why we are doomed.
    Not difficult to predict where the liberal votes are going to come from and why liberals cater to the people who don't pay any FIT

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Misterveritis View Post
    I like him.

    Half of Americans pay no federal income taxes. Half of Americans live with their hands out looking to a politician to promise to fill them. And many of those same Americans believe that those of us who do pay nearly all of the taxes are not paying our fair share. Awesome!

    This is why we are doomed.
    The number of households that don't pay federal income taxes increased substantially in 2008, when the poor economy reduced incomes and Congress cut taxes in an attempt to help recovery.

    In 2007, about 38 percent of households paid no federal income tax, a figure that jumped to 49 percent in 2008, according to estimates by the Tax Policy Center.

    In 2008, President George W. Bush signed a law providing most families with rebate checks of $300 to $1,200. Last year, Obama signed the economic recovery law that expanded some tax credits and created others. Most targeted low- and middle-income families.

    Bi-partisan politics at work here. But, please continue to blame only one party. Obama isn't a good president, but he certainly isn't the anti-christ.

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