Page 52 of 205 FirstFirst ... 242505152535462102152 ... LastLast
Results 511 to 520 of 2044

Thread: White House Tax Plan Would Ask More of Millionaires

  1. #511
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    I provided Treasury Data which includes total debt and as I posted out 842 billion stimulus for Obama wasn't on budget but was counted in the deficit, just like Bush supplementals. You are the one picking and choosing what you want to believe. You want to believe Clinton had a surplus. Does it matter if he had a surplus if the debt increased? Taxpayers fund debt service and that debt service is paid on the debt which is increased by the total deficits. Get it yet?
    It is purely a question of semantics, and you choosing to use the wrong figures to try and make your argument. But if you prefer to look at the gross debt that's fine with me. While it did continue to grow slightly during Clinton's second term, it was extremely minimal growth relative to preceding and following presidents. If we could return to that level of growth we would be absolutely fine.

  2. #512
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 09:13 AM
    Gender
    Lean
    Conservative
    Posts
    67,249

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    It is purely a question of semantics, and you choosing to use the wrong figures to try and make your argument. But if you prefer to look at the gross debt that's fine with me. While it did continue to grow slightly during Clinton's second term, it was extremely minimal growth relative to preceding and following presidents. If we could return to that level of growth we would be absolutely fine.
    Right, only in the liberal world is there a surplus with a rising deficit? Further if you were totally honest you would understand that Congress appropriates the money and Congress during the Clinton years was Republican except for the first two years.

    You want so badly to believe the liberal rhetoric and is making you look and sound foolish. Barack Obama has added 4 trillion to the debt in 3 years and this program he has proposed does nothing to change that.
    "Fair Share" has never been defined nor has the amount the Treasury will get from the raising taxes on the rich. All this rhetoric and you continue to believe it. The question is why? Why is there such loyalty to liberalism in the face of all the facts to the contrary?

  3. #513
    Professor

    Join Date
    Mar 2011
    Last Seen
    04-26-13 @ 03:23 AM
    Gender
    Lean
    Other
    Posts
    1,404
    Blog Entries
    2

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    Thanks for the laugh at the end of the evening as I know that is your purpose, to come into the forum, make wild accusations and then get a response. This is an act, no question about it
    Act? Your whining and crying about how the liberals are trying to steal your money is an obnoxious act, proof= the transfer of wealth from the poor and middle class to the rich. I don't care how you label it the countries wealth was more evenly spread across the classes and now it is concentrated with the rich. My conclusion it was stolen through stock market manipulating, predatory lending by banks, insurance companies, speculating, derivatives,hedge funds, wars waged to protect the interests of the haves

  4. #514
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 09:13 AM
    Gender
    Lean
    Conservative
    Posts
    67,249

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by EarlzP View Post
    Act? Your whining and crying about how the liberals are trying to steal your money is an obnoxious act, proof= the transfer of wealth from the poor and middle class to the rich. I don't care how you label it the countries wealth was more evenly spread across the classes and now it is concentrated with the rich. My conclusion it was stolen through stock market manipulating, predatory lending by banks, insurance companies, speculating, derivatives,hedge funds, wars waged to protect the interests of the haves
    Whining and complaining? No, responding to you and others and your distortions, YES! I am in the camp that we have a spending problem, you are in the camp that we have a revenue problem. I am not whining about how much you make or pay in taxes but you are sure whining about how much someone else is paying in taxes. You paint with a broad brush and ignore the waste, fraud, and abuse of those taking aid from the taxpayers. Not once have you recognized that the braindead and clueless are getting aid from the taxpayers plus you ignore that the fair share of 47% of income earners seems to be ZERO FIT.

    Seems you and liberals believe it is ok and right for the taxpayers to give you money if it is sent to the Federal Govt. first. That is class warfare! Why is it you ignore that people who take risk also lose a lot of money. How much of that risk can be written off?

    Class warfare is all liberals like you have and it is totally illogical. No rich person ever hurt you but it is interesting how you talk about personal greed but never about govt. greed. Why is that?

  5. #515
    Sage

    Join Date
    Nov 2009
    Last Seen
    Today @ 11:09 AM
    Gender
    Lean
    Slightly Liberal
    Posts
    8,351

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by EarlzP View Post
    Act? Your whining and crying about how the liberals are trying to steal your money is an obnoxious act, proof= the transfer of wealth from the poor and middle class to the rich. I don't care how you label it the countries wealth was more evenly spread across the classes and now it is concentrated with the rich. My conclusion it was stolen through stock market manipulating, predatory lending by banks, insurance companies, speculating, derivatives,hedge funds, wars waged to protect the interests of the haves
    A general question to all. Does the above truly represent the depth of knowledge by the folks on this site about the economic situation. Or is this just a political rant that folks can have fun jostling about.

    If it is the former, then trying to have a discussion is pretty meaningless and for many their time would be better spent on either other sites or other sections. If it is the latter, then let folks have fun.

    What are your thoughts?

  6. #516
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 09:13 AM
    Gender
    Lean
    Conservative
    Posts
    67,249

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by washunut View Post
    A general question to all. Does the above truly represent the depth of knowledge by the folks on this site about the economic situation. Or is this just a political rant that folks can have fun jostling about.

    If it is the former, then trying to have a discussion is pretty meaningless and for many their time would be better spent on either other sites or other sections. If it is the latter, then let folks have fun.

    What are your thoughts?
    Good post and good question hitting the nail on the head. I am convinced that many posters here are not interested in an honest discussion but instead political ranting by people trying to have fun. Thanks for putting this into perspective.

  7. #517
    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
    When was the loan approved, Pb? What was the Walton family involvement and when? Becareful now
    Memo: Walton Family's Firm Was Part Of The Restructuring Deal. A memo released by the House Energy and Commerce Committee states that both Argonaut Venture Capital, the fund tied to Kaiser's foundation, and Madrone Capital Partners, which is tied to the Walton family, "negotiated the terms and conditions of an agreement to restructure the Solyndra loan guarantee":


    In the fall of 2010, DOE told Solyndra that, due to the company's financial problems, the department would refuse its request for a loan disbursement unless Solyndra obtained additional capital. Solyndra, DOE, and two of Solyndra's lead investors -- Argonaut Venture Capital and Madrone Capitol Partners --began negotiations to restructure the Solyndra loan guarantee agreement. On November 3, 2010, Solyndra announced that it was closing its older manufacturing facility, resulting in the layoff of 135 temporary employees and approximately 40 full-time employees.

    From December 2010 through February 2011, DOE, Solyndra, and two of its investors, Argonaut Venture Capital and Madrone Capitol Partners, negotiated the terms and conditions of an agreement to restructure the Solyndra loan guarantee. Throughout this process, DOE consulted with OMB about the proposed terms and conditions of this arrangement.

    On February 23, 2011, the parties signed an agreement to restructure the Solyndra deal. Under that agreement, Solyndra's investors agreed to a $75 million credit facility, with the option of a second $75 million. DOE agreed to extend the term of Solyndra's loan guarantee from seven to 10 years, and to postpone the first repayment installment by one year, from 2012 to 2013. In addition, the agreement provided that, in the event of the company's liquidation before 2013, the investors have the senior secured position with respect to the first $75 million recovered. DOE has the second senior secured position with respect to the next $150 million recovered in liquidation. If Solyndra had not liquidated or declared bankruptcy by 2013, the investors would have lost their senior secured position to DOE. [House Energy and Commerce Committee, 9/12/11]


    What The Press Is Getting Wrong About Solyndra | Media Matters for America


  8. #518
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 09:13 AM
    Gender
    Lean
    Conservative
    Posts
    67,249

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by pbrauer View Post
    Memo: Walton Family's Firm Was Part Of The Restructuring Deal. A memo released by the House Energy and Commerce Committee states that both Argonaut Venture Capital, the fund tied to Kaiser's foundation, and Madrone Capital Partners, which is tied to the Walton family, "negotiated the terms and conditions of an agreement to restructure the Solyndra loan guarantee":


    In the fall of 2010, DOE told Solyndra that, due to the company's financial problems, the department would refuse its request for a loan disbursement unless Solyndra obtained additional capital. Solyndra, DOE, and two of Solyndra's lead investors -- Argonaut Venture Capital and Madrone Capitol Partners --began negotiations to restructure the Solyndra loan guarantee agreement. On November 3, 2010, Solyndra announced that it was closing its older manufacturing facility, resulting in the layoff of 135 temporary employees and approximately 40 full-time employees.

    From December 2010 through February 2011, DOE, Solyndra, and two of its investors, Argonaut Venture Capital and Madrone Capitol Partners, negotiated the terms and conditions of an agreement to restructure the Solyndra loan guarantee. Throughout this process, DOE consulted with OMB about the proposed terms and conditions of this arrangement.

    On February 23, 2011, the parties signed an agreement to restructure the Solyndra deal. Under that agreement, Solyndra's investors agreed to a $75 million credit facility, with the option of a second $75 million. DOE agreed to extend the term of Solyndra's loan guarantee from seven to 10 years, and to postpone the first repayment installment by one year, from 2012 to 2013. In addition, the agreement provided that, in the event of the company's liquidation before 2013, the investors have the senior secured position with respect to the first $75 million recovered. DOE has the second senior secured position with respect to the next $150 million recovered in liquidation. If Solyndra had not liquidated or declared bankruptcy by 2013, the investors would have lost their senior secured position to DOE. [House Energy and Commerce Committee, 9/12/11]


    What The Press Is Getting Wrong About Solyndra | Media Matters for America
    So what you are saying confirse the fact that Bush did not make the loan to Solyndra. The fact remains, Solyndra went bankrupt AFTER the loan guarantee showing that a big campaign supporter of Obama got taxpayer backed loans in a "green energy" field and went bankrupt. What the press got wrong? Taxpayers are losing over 500 million dollars on this deal, a deal supported by the Obama Administration and rejected by Bush.

  9. #519
    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
    Here is a conservative blogger who disputes the AP's "fact check"

    JustOneMinute: On Average, The AP Is Useless

    On Average, The AP Is Useless

    Much as it grieves me to rally to the defense of Barack Obama, the latest AP Fact Check on his proposed Buffett Rule tax on millionaires seems to deliberately miss the point of Obama's pronouncements. From the AP:


  10. #520
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 09:13 AM
    Gender
    Lean
    Conservative
    Posts
    67,249

    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by pbrauer View Post
    Here is a conservative blogger who disputes the AP's "fact check"

    JustOneMinute: On Average, The AP Is Useless

    On Average, The AP Is Useless

    Much as it grieves me to rally to the defense of Barack Obama, the latest AP Fact Check on his proposed Buffett Rule tax on millionaires seems to deliberately miss the point of Obama's pronouncements. From the AP:
    Guess the IRS is useless as well?

Posting Permissions

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