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Thread: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

  1. #101
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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by Boo Radley View Post
    It's a fools game to judge someone's heart. You could be as wrong as me and vise versa. However, I would say this, if this is campaign talk alone, he needs to be in campaign mode more often. Perhaps he should stay in that mode all during his term.
    Some would say he has.

    Wow? Where did you get that from the Forbes article? Is this a squirrel moment?
    Oh no, don't start that Bull **** again Joe. Cut it right now.

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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by Boo Radley View Post
    Wow? Where did you get that from the Forbes article? Is this a squirrel moment?
    I got that from the Obama speech and proposals which is the thread topic. Why would anyone support raising taxes on anyone with 25 million plus unemployed and underemployed Americans? Why would anyone reward politicians and not the taxpayers with tax increases to fund a retread program that was already rejected by a filibuster proof Senate in 2009?

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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by Boo Radley View Post
    J, aren't they two separate issues?
    No, the point is that by going after the so called 'rich' and businesses that libs don't like, he is setting up for failure, and harming this nation.

    j-mac
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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by j-mac View Post
    Some would say he has.
    Some would be clearly wrong

    Oh no, don't start that Bull **** again Joe. Cut it right now.

    j-mac
    Just show me where that out of the blue comment had anything to do with what he commented to, and I'll not ask. You know as well as I do it was not responsive to the post he commented on. Do you think it unreasonable to expect a response to be somehow connected to what is posted?

    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: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by Conservative View Post
    I have seen that chart many times and I continue to look at the line item expenses of the Federal Govt and just cannot seem to find tax cuts listed as an expense. Further I keep waiting for any projections from this Administration or the CBO to actually be accurate especially since govt. revenue went up after the Bush tax cuts were fully implemented.
    First... if we can't use CBO numbers, then what's more accurate? Second... that last bit about revenue rising sounds like the old saw about revenue rising every time taxes are cut... which is a logical impossibility. If tax rates = 0, then revenue = 0. Therefore, there must be some effective tax rate >0 that maximizes revenue.
    "A witty saying proves nothing." Voltaire

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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by j-mac View Post
    No, the point is that by going after the so called 'rich' and businesses that libs don't like, he is setting up for failure, and harming this nation.

    j-mac
    No. And who says liberals don't like business? Seriously, I asked you this earlier, with no response, but you're setting up a premise that is simply inaccurate. Not treating business as if they were special, incapable of pulling their weight, is not a sign of hating business.

    But you gave an artilce that is a separate issue to one you responsed to. Giving tax breaks or ending these breaks has very little to do government efforts to stimulate by proving jobs (and it is your side that think he fails if he doesn't produce jobs, whihc can only be done by government by hiring folks).

    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: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by Conservative View Post
    I got that from the Obama speech and proposals which is the thread topic. Why would anyone support raising taxes on anyone with 25 million plus unemployed and underemployed Americans? Why would anyone reward politicians and not the taxpayers with tax increases to fund a retread program that was already rejected by a filibuster proof Senate in 2009?
    Which has what to do with the post you responded to? Make the connection you think I'm missing.

    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: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by nijato View Post
    First... if we can't use CBO numbers, then what's more accurate? Second... that last bit about revenue rising sounds like the old saw about revenue rising every time taxes are cut... which is a logical impossibility. If tax rates = 0, then revenue = 0. Therefore, there must be some effective tax rate >0 that maximizes revenue.
    CBO has a responsibility to score bills based upon the assumptions given them, wrong assumptions wrong projections. Read about the CBO and their charge?

    The fact is that tax RATE cuts are benefiting all income earners today and continues to benefit taxpayers, why do you have a problem with that. The facts are quite clear, there have onlhy been three tax rate cuts in the past 50 years, JFK, Reagan, and GW Bush and all three showed revenue growths. Putting money into the hands of the consumer and rewarding them makes economic growth a lot easier.

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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by Boo Radley View Post
    Which has what to do with the post you responded to? Make the connection you think I'm missing.
    I responded to the thread topic and as posted the dueling Forbes articles. You pick and choose what you want to respond to whereas I recognize that tax cuts reward taxpayers and not politicians who created the 14.6 trillion dollar debt

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    Re: Obama Seeks to End Tax Breaks to Pay for Jobs Plan

    Quote Originally Posted by Conservative View Post
    I responded to the thread topic and as posted the dueling Forbes articles. You pick and choose what you want to respond to whereas I recognize that tax cuts reward taxpayers and not politicians who created the 14.6 trillion dollar debt
    I'm sorry, but when you choose a post to respond to, you need to respond to what is in that post. If you have nothing to say to that post, please ignore.

    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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