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Thread: GOP may OK tax increase that Obama hopes to block

  1. #121
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    Re: GOP may OK tax increase that Obama hopes to block

    Quote Originally Posted by Catawba View Post
    We are not in a Great depression are we?
    depends on the metric you are using. long term unemployment? yup. unemployment as measured against the initial start point? eh, close. growth? our growth is lower than it was during the Great Depression.

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    Re: GOP may OK tax increase that Obama hopes to block

    Quote Originally Posted by cpwill View Post
    depends on the metric you are using. long term unemployment? yup. unemployment as measured against the initial start point? eh, close. growth? our growth is lower than it was during the Great Depression.
    So why are the republicans being obstructionists?

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    Re: GOP may OK tax increase that Obama hopes to block

    Quote Originally Posted by apdst View Post
    IOW, a person that makes $1,000 a week, will pay an additional $20 more.

    Don't Libbos just beat all?
    Let's see... $20 per week is $87 per month and $1,040 per year. Do you not think that has a significant on a family living on a $52,000 income? Don't you think that income group carefully scrutinizes how it spends $100?

    Realize that, unlike the tax cuts on upper incomes, each dollar given to the lower income group goes dollar for dollar back into the economy. (that group as a marginal propensity to consume approaching 1 dollar spent per dollar taken in). Putting that money back into the system means business, jobs, profits and taxes for the place where the dollar is spent and business, jobs, profits and taxes for that businesses suppliers and employees. All in, its easy to trace at least 50% of the payroll tax cut right back to the government in the form of tax revenue.

    You can trivialize the $20 per paycheck, but it simply shows how incredibly insensitive and out of touch the Cons are.... It also well illustrates that a $20 per week tax on the wealthy is far less impactful than a $20 per week tax on the less wealthy, as you think $20 per week is nothing.

    Thank you for being today's poster child of Conservative ignorance.
    Last edited by upsideguy; 09-02-11 at 11:24 AM.

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    Re: GOP may OK tax increase that Obama hopes to block

    Quote Originally Posted by cpwill View Post
    it didn't, except rather indirectly. neither did it help jobs.
    So tax cuts don't help jobs. That pretty much eliminates the Republican jobs plan. Next.
    Last edited by AdamT; 09-02-11 at 11:25 AM.

  5. #125
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    Re: GOP may OK tax increase that Obama hopes to block

    Quote Originally Posted by upsideguy View Post
    Let's see... $20 per week is $87 per month and $1,040 per year. Do you not think that has a significant on a family living on a $52,000 income? Don't you think that income group carefully scrutinizes how it spends $100?

    Realize that, unlike the tax cuts on upper incomes, each dollar given to the lower income group goes dollar for dollar back into the economy. (that group as a marginal propensity to consume approaching 1 dollar spent per dollar taken in). Putting that money back into the system means business, jobs, profits and taxes for the place where the dollar is spent and business, jobs, profits and taxes for that businesses suppliers and employees. All in, its easy to trace at least 50% of the payroll tax cut right back to the government in the form of tax revenue.

    You can trivialize the $20 per paycheck, but it simply shows how incredibly insensitive and out of touch the Cons are.... It also well illustrates that a $20 per week tax on the wealthy is far less impactful than a $20 per week tax on the less wealthy, as you think $20 per week is nothing.

    Thank you for being today's poster child of Conservative ignorance.
    $52,000, you say? Oh, they're only going to get an extra $10 a week. Care to redo your math and see what we get?

    Besides, they're going to just get the money back on their refund. It's not like they're actually paying the taxes.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: GOP may OK tax increase that Obama hopes to block

    Quote Originally Posted by apdst View Post
    $52,000, you say? Oh, they're only going to get an extra $10 a week. Care to redo your math and see what we get?

    Besides, they're going to just get the money back on their refund. It's not like they're actually paying the taxes.
    There are no refunds on FICA taxes.

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    Re: GOP may OK tax increase that Obama hopes to block

    Quote Originally Posted by danarhea View Post
    Then the government had better give me my goddamned money back
    It is not your money. It is a ponzi scheme. The money you put in went to the early participants.

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    Re: GOP may OK tax increase that Obama hopes to block

    Quote Originally Posted by liblady View Post
    the only way ss gets taken away is if WE allow it.
    Not quite. The nation will go bankrupt.

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    Re: GOP may OK tax increase that Obama hopes to block

    Quote Originally Posted by winston53660 View Post
    So why are the republicans being obstructionists?
    For the survival of the nation, what else?

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    Re: GOP may OK tax increase that Obama hopes to block

    Quote Originally Posted by winston53660 View Post
    So why are the republicans being obstructionists?
    obstructionists to what? The Republican led House is the only chamber to have passed a budget. Republicans were the only party to have passed a debt-ceiling bill that would have avoided a downgrade - and they passed not one but two; and offered a third that was rejected. Republicans in the House have attempted to reform regulation, reduce the uncertainty currently staving off investment, and actually follow the basic responsibilities of Governance. Democrats have shut down all of these efforts. You know those trade agreements that Obama now says will create jobs instantly? He helped to kill it along with the rest of the Senatorial Democrats after it was negotiated under the last Republican administration.

    There is a party in Congress currently refusing to do it's jobs. But it's not the one that begins with an "R".

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