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Thread: White House Tax Plan Would Ask More of Millionaires

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    Of course it's not a difference without a distinction. There is a huge distinction between predicting a specific ceiling and predicting that the measure would lower unemployment relative to where it would have been otherwise.

    You're right, I should have said 1-2% instead of 2-3%. "The nonpartisan Congressional Budget Office released a report in August that said the stimulus bill has "[l]owered the unemployment rate by between 0.7 percentage points and 1.8 percentage points" and "[i]ncreased the number of people employed by between 1.4 million and 3.3 million."
    fair enough. But then I think you have to take it a bit further. I will grant the CBO estimates as they are our official scorekeeper. However you have to then ask how much of the weakness in the last few months do to stimulus money waning. My point is that the stimulus did in fact give the economy a pick me up which is fine, but did not invest very much in anything that would have a sustainable impact. So the gains were relatively short term.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    I pay attention to results, when will you. If those promises were kept and we have the results we have today why would you support him for re-election? It would be a lot easier and more credible if you just admitted who you are.
    The reason people will vote Obama again is they feel the republicans are not going to offer a better way and the results will be the same or worse. The difference is that certain social and foreign policies will be different.

    Like it or not the republican way has NOT lowered the deficit.

    Given that choice of the deficit not decreasing, people are going to side with other pet issues. The same goes for those that vote GOP.

    It's your 2 party system and as you say "it is what it is", so enjoy it. Many like myself are removing ourselves from that equation a d refusing to vote GOP or Dem.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    You pay attention to results without considering the circumstances that contribute to the results. As such, you have no notion of what caused the results and no idea what the results would have been like if other policy choices had been made.
    Yes, I consider the circumstances as well, like the Democrats taking control of Congress in January 2007 and the country going into recession in December 2007. Then of course there is the budget of 2009 which Obama supported, voted for, and was passed by the Democrat Congress. You and the other Obama apoligists continue to blame Bush when Congress makes the laws and passes the budgets. Obama cannot inherit what he helped create. Now he promotes more class warfare and you buyt the rhetoric. That says a lot about you.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by haymarket View Post
    I strongly suspect that the Obama administration never envisioned that government itself would end the jobs of over 500,000 workers in the last two years not to mention the ripple wave effect of those in private employment whose jobs were lost in the ripple effect. And much of those half million unemployed added to the numbers came at the urging of Republican dominated governments on a crusade for "smaller government" - but at what societal cost?

    Isn't it interesting that at GOP meme has come to be repeated constantly that "we should not raise any taxes in a recession because it will hurt the economy". Well, what about "we should not lay off any workers increasing and swelling the unemployment numbers in a recession"? Somehow, someway, they never quite get around to that do they?

    Many of the same people who bitch, moan, whine and complain about the high unemployment figures are the same people who are urging these firings from government jobs in the first place.
    Your problem is that the local governments grew and got fat while the economy was rosy and they were taking in more money. Did your state grow expenditures more than inflation in the first decade of this century? Do you really think that anyone is happy about people being fired?

    Most of local taxes in my state are raised through property taxes. For retired folks, social security has not gone up for two years, lets see what happens this year. If you supplemented your social security with interest on CDs, the policy of the Fed and the administration have brought the interest rates they receive to 2% on a ten year treasury. So they have in fact taken a large haircut on their income, yet you seem to think that government has the right to grow by some percent every year, even as the people who the government serves makes less but is taxed more. No rational person can believe that this can continue forever.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by washunut View Post
    fair enough. But then I think you have to take it a bit further. I will grant the CBO estimates as they are our official scorekeeper. However you have to then ask how much of the weakness in the last few months do to stimulus money waning. My point is that the stimulus did in fact give the economy a pick me up which is fine, but did not invest very much in anything that would have a sustainable impact. So the gains were relatively short term.
    Stumulus is intended to provide a sufficient short-term lift to get the broader economy going. Unfortunately they did underestimate the severity of the downturn and the stimulus was too small to create a self-sustaining recovery.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by TheNextEra View Post
    The reason people will vote Obama again is they feel the republicans are not going to offer a better way and the results will be the same or worse. The difference is that certain social and foreign policies will be different.

    Like it or not the republican way has NOT lowered the deficit.

    Given that choice of the deficit not decreasing, people are going to side with other pet issues. The same goes for those that vote GOP.

    It's your 2 party system and as you say "it is what it is", so enjoy it. Many like myself are removing ourselves from that equation a d refusing to vote GOP or Dem.
    You think this country was built on class warfare and redistributiof of wealth? Do you think the people of this country support the massive expansion of govt and the current 3.7 trillion dollar spending?

    Republicans control one HOUSE not the govt. and the Ryan plan cut the budget deficit as did Cut, cap, and balance. What was the Obama position on those and where is the Obama plan to cut the deficit?

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    Stumulus is intended to provide a sufficient short-term lift to get the broader economy going. Unfortunately they did underestimate the severity of the downturn and the stimulus was too small to create a self-sustaining recovery.
    If they did underestimate the severity as you claim they are incompetent and don't deserve the office. They didn't underestimate as they didn't have a clue. They are all liberal elites better suited for sitting in the faculty lounge at Harvard.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    Yes, I consider the circumstances as well, like the Democrats taking control of Congress in January 2007 and the country going into recession in December 2007. Then of course there is the budget of 2009 which Obama supported, voted for, and was passed by the Democrat Congress. You and the other Obama apoligists continue to blame Bush when Congress makes the laws and passes the budgets. Obama cannot inherit what he helped create. Now he promotes more class warfare and you buyt the rhetoric. That says a lot about you.
    That is pure partisan delusion. Anyone with the slightest grasp of reality understands that the recession was hardwired by 2007. The real estate bubble was already inflated and destined to burst. The high level of spending and lower revenues that followed were predestined no matter who succeeded Bush.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    You're right, same old tired, non-arguments. My personal tax bill has nothing to do with the government's tax policy. It's a weak ad hominem attack.
    Why is it that anytime a liberal is challenged that it called an attack. When are you ever going to address the facts presented. Obama added 4 trillion to the debt in less than four years, Obama has more unemployed than when he took office. Obama has less people in the labor force than when the took office. Economic growth is 1% in 2011. Now his solution is class warfare and redistribution of wealth. That is devisive and damaging to the country.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    That is pure partisan delusion. Anyone with the slightest grasp of reality understands that the recession was hardwired by 2007. The real estate bubble was already inflated and destined to burst. The high level of spending and lower revenues that followed were predestined no matter who succeeded Bush.
    Obama was hired to fix the mess he helped create and failed. Results don't matter to ideologues.

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