Page 203 of 205 FirstFirst ... 103153193201202203204205 LastLast
Results 2,021 to 2,030 of 2044

Thread: White House Tax Plan Would Ask More of Millionaires

  1. #2021
    Sage
    pbrauer's Avatar
    Join Date
    Jun 2010
    Location
    Oregon
    Last Seen
    11-27-15 @ 03:31 PM
    Gender
    Lean
    Liberal
    Posts
    25,394

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    That is the liberal logic, if you think taxes aren't high enough and the govt. needs more revenue then do your civic duty and send in more money. Liberals however want to spread their misery equally to everyone else thus you never will see a liberal put their money where their mouth is. Buffet is fighting taxes on his business while promoting higher taxes on everyone else. That is hypocritical.
    We have a $14 Trillion debt that you constantly whine about, it's impossible to pay that down unless you raise taxes. No amount of spending cuts can erase debt; if you cut it to zero, you still have the debt. It's funny that back when the JFK/LBJ tax were passed, the conservatives of the time were against them. Because they were worried about debt. Today's conservatives give the debt lip service - that's all.


  2. #2022
    Sage

    Donc's Avatar
    Join Date
    Sep 2007
    Location
    out yonder
    Last Seen
    12-06-17 @ 09:26 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    9,426

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Jryan View Post
    I say someone should recreate the thread as soon as she puts it down.

    Don,t worry about it, when conservative logs onto a thread it usually goes to the same talking points pretty quick.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

  3. #2023
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 12:04 PM
    Gender
    Lean
    Conservative
    Posts
    67,253

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Goldenboy219 View Post
    No it did not. You have to at least support your position with something of substance; stating that "people were thowing keys at the banks" and "17.5% interest rates on mortgages" does not accomplish this objective due in part to inaccuracy and misunderstanding of the mortgage process.



    I understand what a deleveraging cycle in excess of the Great Depression actually means. I understand that when we witness a net loss of wealth in excess of 100% U.S. GDP, there really is no silver bullet solution.

    The severity of this downturn has little if nothing to do with our current president.
    What you ignore is the impact on the individuals and with 140 million working Americans they are all better off during this recession than the 81-82 recession due to cost of living. The severity of the downturn was minimized by Reagan allowing taxpayers to keep more of their money, the impact on the current economy was a waste of taxpayer dollars that did nothing to stimulate economic growth. Obama believes in the govt. whereas Reagan believed in the American people thus results and approval ratings at this time in their Presidencies was quite different.

  4. #2024
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    12-08-17 @ 03:46 PM
    Gender
    Lean
    Conservative
    Posts
    30,272

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Goldenboy219 View Post
    The severity of this downturn has little if nothing to do with our current president.
    So Obama can do anything during his Presidency in terms of policies and never take the blame for their results? Wow, that is a great gig....


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  5. #2025
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 12:04 PM
    Gender
    Lean
    Conservative
    Posts
    67,253

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by pbrauer View Post
    We have a $14 Trillion debt that you constantly whine about, it's impossible to pay that down unless you raise taxes. No amount of spending cuts can erase debt; if you cut it to zero, you still have the debt. It's funny that back when the JFK/LBJ tax were passed, the conservatives of the time were against them. Because they were worried about debt. Today's conservatives give the debt lip service - that's all.
    Nope, we need more taxpayers not higher taxes and that is something you simply cannot get through your head. Raising taxes does nothing to put people back to work. You just don't have a clue and obviously have never run a business. Cutting spending sends a dollar to the bottomline just like cutting spending will reduce the deficit because the revenue keeps coming in. Amazing lack of knowledge about business that many have here.

  6. #2026
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 01:09 AM
    Gender
    Lean
    Independent
    Posts
    16,254

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    I believe Goldenboy is missing the point, we have 140 million working Americans today that are better off than the working Americans were in 1981-82 because of low inflation and low interest rates.
    Bull****! First off, you do not even understand the relationship between asset prices and inflation/disinflation. They didn't have to bail out nearly every western financial institution on the plant in 1982. No, that didn't come about until the S&L crisis (which can be directly attributable to the policy objectives of the Reagan administration). There was a reason why adjustable rate mortgages were prohibited.

    See the "Garn–St. Germain Depository Institutions Act 1982".

    Unemployed are always going to be worse off regardless of the recession severity although their unemployment compensation is going further today than it did in the 81-82 recession. He is missing that reality.
    Do you understand the relationship between unemployment and low/disinflation? If not, you are in no position to make such an argument.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  7. #2027
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 01:09 AM
    Gender
    Lean
    Independent
    Posts
    16,254

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by j-mac View Post
    So Obama can do anything during his Presidency in terms of policies and never take the blame for their results? Wow, that is a great gig....


    j-mac
    No.

    This administration did nothing to cause our current environment. The extreme rights obsession with Obama is rather pathetic; it is almost like their security blanket. When they are unable to keep up with a discussion, they rant aimlessly about Obama.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  8. #2028
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 12:04 PM
    Gender
    Lean
    Conservative
    Posts
    67,253

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Goldenboy219 View Post
    Bull****! First off, you do not even understand the relationship between asset prices and inflation/disinflation. They didn't have to bail out nearly every western financial institution on the plant in 1982. No, that didn't come about until the S&L crisis (which can be directly attributable to the policy objectives of the Reagan administration). There was a reason why adjustable rate mortgages were prohibited.

    See the "Garn–St. Germain Depository Institutions Act 1982".



    Do you understand the relationship between unemployment and low/disinflation? If not, you are in no position to make such an argument.
    I just love the lack of understanding the educational elite have about human behavior and cost of living. Keep reading your books and keep ignoring reality. Do you understand how the misery index affects people? Were you better off in 1981-82 with high inflation, high interest rates, and rising unemployment than you are today? Your speculation is just that, speculation. Keep ignoring the facts and human behavior. How are the working Americans worse off today than they were in 1981-82? How are you worse off today than then?

    Bailouts actually were uncalled for in a private sector economy. The short term pain would have led to a stronger economy today. Obama and liberal micromanagment of the economy is typical and makes things worse as did Bush with the bailout.

  9. #2029
    Noblesse oblige
    Ockham's Avatar
    Join Date
    Oct 2009
    Location
    New Jersey
    Last Seen
    01-27-17 @ 07:23 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    23,909
    Blog Entries
    4

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by j-mac View Post
    I don't disagree with you on the level of corruption that exists in the government as it pertains to our elected officials being bought off by special interests in today's climate. However, corporations as such being made up of people, ie; the board, which answers to shareholders that invest in these companies do have interests that they would like to see protected especially in today's Obama world of destructive policy aimed at them.
    To be fair, the lobbyists have always had (at least in the last 30 years) special access, and since the corruption cannot be controlled by either the lobbyists or the government as they're symbiotic to each other and the corruption it breeds - I can't see a way for such special access and consideration to continue without the byproduct of the corruption.


    Quote Originally Posted by j-mac View Post
    What is different say, from a corporation like say Boeing lobbying the reps on capitol hill over regulation that effects their bottom line, and say OOIDA lobbying on behalf of truckers in this country?

    j-mac
    I would assume the OOIDA is lobbying the Federal government in this case, so there'd be no difference. Both should not have special access. If there is a list of grievances to take to the government, the OOIDA or Boeing can address those to their government representatives and Senators without having special access. By not giving the special access and by not allowing the hiring of former lobbyists within the government, the corruptive elements are for the most part, eliminated. Then we have a much more fair playing field where the OOIDA and Boeing have an equal shot at their wants and needs without palms being greased and favoritism in specific districts, promises of election campaign contributions, etc...
    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.


  10. #2030
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 01:09 AM
    Gender
    Lean
    Independent
    Posts
    16,254

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    What you ignore is the impact on the individuals and with 140 million working Americans they are all better off during this recession than the 81-82 recession due to cost of living.
    You are missing the forest for the trees. Were people in better financial shape during that period? Where consumers more or less indebted than they are now? Did Americans witness the value of their homes collapse while still being contractually obligated to make payments on a mortgage that far exceeded the value of their homes in 1982? Did the financial system essentially fail in 1981/1982?

    NO! You had people actually taking out 17.5% mortgages! Must have been tough.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •