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Thread: Boehner Asks Debt Panel to Take on Tax Breaks, Reject Hike

  1. #161
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    Re: Boehner Asks Debt Panel to Take on Tax Breaks, Reject Hike

    Quote Originally Posted by Conservative View Post
    Sort of a tax? Sort of a retirement program? Doesn't flow in and out of the general fund? You are 0 for 3 as all those are wrong. It is a tax, it is a retirement SUPPLEMENT, and it does flow in and out of the General Fund thanks to LBJ in the 60's. You don't seem to understand what specific taxes fund. I said that FIT funds the govt. didn't say that was the only funding and listed the other taxes. FICA should never be in the discussion.

    I am waiting for you to explain what happens to state tax revenue when Fed taxes are increased?

    Again you don't have a clue, Payroll taxes come back to them in SS and Medicare, Property and sales taxes fund state and local programs so none of those fund the services they get from the Federal Govt. Their income may be lower but they get govt. services and pay zero in FIT.

    Sounds like typical liberalism, wild claims that aren't back up by data, logic, or common sense. Provide some data to support your position like the following:
    So to summarize your points, you have conceded every point, but you're still blathering anyways. Right?

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    Re: Boehner Asks Debt Panel to Take on Tax Breaks, Reject Hike

    Quote Originally Posted by Conservative View Post
    Getting sick and tired of the same tired old rhetoric about trickle down, now provide some data to support your point of view. BEA.gov, BLS.gov, and the U.S. Treasury post non partisan data so that is a good place to start. Not surprising from your posts that you would vote Democrat as you have been brainwashed. The data doesn't support your point of view. Reagan initiated trickle down and doubled GDP, created 17 million jobs, and doubled govt. revenue. He succeeded with trickle down. Obama has been a total and complete failure yet you would give him four more eyars?
    Are you saying Reagan, Bush 1 and Bush 2 didn't have huge budget deficits? I don't want to search for info and you then decide to move the goal post as you're doing above by completely ignoring the massive deficits they've left others to foot the bill for.
    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: Boehner Asks Debt Panel to Take on Tax Breaks, Reject Hike

    Quote Originally Posted by teamosil View Post
    So to summarize your points, you have conceded every point, but you're still blathering anyways. Right?
    Is this typical of everyone in San Francisco? You cannot debate when confused with facts.

  4. #164
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    Re: Boehner Asks Debt Panel to Take on Tax Breaks, Reject Hike

    Quote Originally Posted by Tettsuo View Post
    Are you saying Reagan, Bush 1 and Bush 2 didn't have huge budget deficits? I don't want to search for info and you then decide to move the goal post as you're doing above by completely ignoring the massive deficits they've left others to foot the bill for.
    Figure it out

    Debt by year

    Government - Historical Debt Outstanding Annual

    Debt to the Penny (Daily History Search Application)

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    Re: Boehner Asks Debt Panel to Take on Tax Breaks, Reject Hike

    Do you not understand the different between budget deficit and total debt held?
    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: Boehner Asks Debt Panel to Take on Tax Breaks, Reject Hike

    Quote Originally Posted by Tettsuo View Post
    Do you not understand the different between budget deficit and total debt held?
    Absolutely, without a deficit there wouldn't be any debt. Deficit yearly and debt cumulative. Tell me how the debt rose with a budget surplus?

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    Re: Boehner Asks Debt Panel to Take on Tax Breaks, Reject Hike

    Quote Originally Posted by Conservative View Post
    Absolutely, without a deficit there wouldn't be any debt. Deficit yearly and debt cumulative. Tell me how the debt rose with a budget surplus?
    If you're talking in general terms, you can have a budget surplus without applied the surplus to your principal. For example, I budget to pay all of my bills by the end of the week with my pay check, including my mortgage payment. By the end of the week, I have extra money from a bonus I received, yet I still have the full payment on my mortgage to issue payment one. I say screw that and buy a motorbike. Thus, I receive a penalty and my debt increases although I had a budget surplus.

    So again I ask. Did Reagan, Bush 1 and Bush 2 explode the budget deficit or not? If so, do you still regard Reagan's exploits as a success (and thus the success of Trickle down/supply side economics) if he created massive budget deficits in the process?
    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: Boehner Asks Debt Panel to Take on Tax Breaks, Reject Hike

    Quote Originally Posted by Conservative View Post
    Is this typical of everyone in San Francisco? You cannot debate when confused with facts.
    Confused with facts? All you're doing is making a series of claims, every single one of them is being dismantled by the people you are debating, you aren't bothering to even try to defend them, and instead you're just responding with new, different, claims... You've lost every single point in a long series of points by default, but you don't seem to be even rethinking anything or changing your views based on the realization that all these things you say are wrong. It's irritating, but not really "confusing", and it is a lazy, dishonest, evasive, intellectual style, not "facts".

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    Re: Boehner Asks Debt Panel to Take on Tax Breaks, Reject Hike

    Quote Originally Posted by Tettsuo View Post
    Do you not understand the different between budget deficit and total debt held?
    He should as it's been explained to him often enough. One can only surmise that he's intentionally deceptive.

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    Re: Boehner Asks Debt Panel to Take on Tax Breaks, Reject Hike

    Quote Originally Posted by Tettsuo View Post
    If you're talking in general terms, you can have a budget surplus without applied the surplus to your principal. For example, I budget to pay all of my bills by the end of the week with my pay check, including my mortgage payment. By the end of the week, I have extra money from a bonus I received, yet I still have the full payment on my mortgage to issue payment one. I say screw that and buy a motorbike. Thus, I receive a penalty and my debt increases although I had a budget surplus.

    So again I ask. Did Reagan, Bush 1 and Bush 2 explode the budget deficit or not? If so, do you still regard Reagan's exploits as a success (and thus the success of Trickle down/supply side economics) if he created massive budget deficits in the process?
    Explode the deficits? Reagan 1.7 trillion in 8 years, Bush 1, 1.3 trillion in 4 years, Clinton 1.3 trillion in 8 years, Bush 2, 4.9 trillion in 8 years, Obama 4 trillion in 3 years. Who has the worst deficit numbers? Deficits accumulated = debt

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