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

  1. #721
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    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

    So suddenly the Bush tax cuts are a bad thing?

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

    Quote Originally Posted by Conservative View Post
    If you wanted to be truly accurate you would say that regardless of the percentage there are millions and millions of income earners not paying any Federal Income taxes and collecting any revenue from those people would be a lot more than you can collect from those rich people that Obama wants to use for political gain.
    As I said, there are reasons for them being exempt.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by Boo Radley View Post
    As I said, there are reasons for them being exempt.
    no kidding

    it's called a TAX CODE

    LOL!

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

    Quote Originally Posted by winston53660 View Post
    So suddenly the Bush tax cuts are a bad thing?
    For people who think tax cuts reduce govt. revenue instead of having a spending problem, yep and that would be you and a lot of others here, not me

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

    Quote Originally Posted by Polotick View Post
    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.
    It's difficult to be a good president when an entire party states plainly they want to make him a one term president and that's the only goal.
    A man without fear is a fool, a man that succumbs to his fear is a coward and a brave man acknowledges fear yet presses on.
    http://soulinblackandwhite.blogspot.com/

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

    Quote Originally Posted by j-mac View Post
    I've seen this inane talking point repeated over and over in here by libs that must think everyone is actually stupid enough to buy this crap.

    Listen you can't base, and tout success on a presupposition of what might of, could of, or would have happened because these are things that you really can not know with any degree of certainty.

    Second, the Obama economy has logged some 400K of unemployment applicants since as far back as I can remember in his Presidency. Now, if you really want to say that adding some 118K jobs is a positive then I would say that simple math disagrees with your spin....That by my calculations is still 282K in the negative.

    Then, we have the stimulus that "Sheriff" Joe said was creating all these jobs, when the truth of the matter is that it really wasn't...And the jobs that it did manage to create cost the tax payer in some cases hundreds of thousands of dollars to create one job that paid little more than minimum wage. Who got that money? hmmmm....?

    And libs answer to all of this is that we didn't waste enough money? how insane is that?

    j-mac
    Well, you can if you're concerned about truth and not political gain. Ever sand bag for a flood? The water is raising, and we sand bag the banks. We don't stop the rising, but we slow down the damage, and while there is often still flooding, at the end of the day a reasonable person can look a see that the damage was less due to the efforts. Denying such is often silly.

    We know, factually, some jobs were not lost due to the stimulus. You may argue the cost was too great, but you can't reasonably argue that soem jobs weren't saved.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by Boo Radley View Post
    As I said, there are reasons for them being exempt.
    Yep, but for someone like you who thinks we have a revenue problem that tax code is never addressed

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

    Quote Originally Posted by Polotick View Post
    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.
    Yes. It was a mistake. It needs to be fixed. When we have one group of people who pay and another who get and they in different groups we have set the nation up for failure. Eventually I will refuse to pay any more. I will move away. I will hide my wealth. I will prevent others from stealing my wealth from me through them voting for thug politicians who will take my things away in order to give them to others who will vote for thim.

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

    Quote Originally Posted by Conservative View Post
    Yep, but for someone like you who thinks we have a revenue problem that tax code is never addressed
    We have a debt problem. Do try to quote me accurately.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by Tettsuo View Post
    It's difficult to be a good president when an entire party states plainly they want to make him a one term president and that's the only goal.
    Kind of like Democrats in control of Congress in 2007-2008, wouldn't you say? What did that Congress do to prevent Bush from "destroying the economy" as liberals claim?

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