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Thread: Obama to propose $1.5 trillion in new tax revenue

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    Re: Obama to propose $1.5 trillion in new tax revenue

    Excellent Point.

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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by Coeus View Post
    Excellent Point.
    Uh which one. See that thing that says "reply with quote"?



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    Re: Obama to propose $1.5 trillion in new tax revenue

    I would like to point to the fact that the U.S. has (by far) one of the most independent economies on the planet. Yes, we might import more than any other nation on a nominal basis, but such comparisons do not reflect the nature of trade. The U.S. imports less than 15% of GDP, which is far far less than any other industrial nation in the world outside of Japan. But when you take into consideration Japan's export sensitivity in regards to output, the U.S. enjoys a greater independence (that is not to say we are completely independent).

    So can the whole "we are exporting all our jobs" crowd cut the nonsense?
    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

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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by Goldenboy219 View Post
    I would like to point to the fact that the U.S. has (by far) one of the most independent economies on the planet. Yes, we might import more than any other nation on a nominal basis, but such comparisons do not reflect the nature of trade. The U.S. imports less than 15% of GDP, which is far far less than any other industrial nation in the world outside of Japan. But when you take into consideration Japan's export sensitivity in regards to output, the U.S. enjoys a greater independence (that is not to say we are completely independent).

    So can the whole "we are exporting all our jobs" crowd cut the nonsense?
    Borrowing trillions of dollars annually will never make anyone independent.

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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by Grant View Post
    Borrowing trillions of dollars annually will never make anyone independent.
    If you want to address my statement, then by all means make a relevant point.
    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

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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by TurtleDude View Post
    Uh which one. See that thing that says "reply with quote"?
    I am certain he was responding to one of my posts. I only make excellent points. :-)

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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by Misterveritis View Post
    No. No. No. No. No.

    Someone else bids on the work and they get the contract.
    Strange I heard of something called "no bid contract".

    I find this to be odd for it is business that says they want nothing to do with government, yet they ask for a "no bid contract" ,which is no competition.
    A Capitalist society survives on competition does it not?
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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by presluc View Post
    Strange I heard of something called "no bid contract".

    I find this to be odd for it is business that says they want nothing to do with government, yet they ask for a "no bid contract" ,which is no competition.
    A Capitalist society survives on competition does it not?
    Companies get sole source contracts for a variety of reasons. A company that has gone out of business does not bid on any contracts including sole sourced ones.

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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by Misterveritis View Post
    Well, we can try but I have my doubts.

    This makes no sense. Government workers consume tax dollars. They do not produce wealth. They consume it.

    Do you agree with me that the bottom half of wage earners ought to pay their fair share of federal income taxes? Then we agree.

    You do realize that you are duped? Brainwashed?

    Huh? Do you think government workers are paying down the debt?


    Did you add this line just for its amusement value? What does it have to do with anything?


    That was a tiring ramble.
    You have doubts? In this economy everyone has doubts.

    Government workers put more money into circulation than CEOS AND CORPORATE MILLIONARES.

    I agree that the bottom half should pay their fair share of federal income taxes just has the top half %wise, the income taxes is based on the income recieved by the individual that is an IRS. matter not mine. I do know that working poor, and unemployed are not in this income bracket some of the lower middle class are not in this income bracket, this is an IRS matter not mine

    Duped? Brainwashed? How's that?
    For the rich are getting tax cuts if not for paying taxes then why?
    Perhaps to put more American workers back to work?
    Perhaps to put more money in circulation,maybe start paying on that 15 trillion dollar debt.
    You tell me why, because they're paying most of the taxes.
    Working lower middle class are paying more taxes than working poor do they get a check for 85 grand each time they pay taxes?

    2 QUESTIONS
    1Are all government workers exempt from taxes?
    2, When government workers get paid do they buy any products from any store in America?


    The only things not be outsourced in the line of jobs are lawyers, real estate, hospitals law enforcement.
    If you work in one of these no problem, if not think fast food manager, or unemployed.
    If corporations can outsource blue collar unskilled labor as well as computer programers and engineers they can outsource your job.

    Tiring ramble?, Perhaps a few questions then.
    How many corporations are having a profit record breaking year?
    How good is the economy?
    How great is the money circulating out there on Main Street?
    Tiki bar regular.
    My code, never take anything for granted always expect the unexpexted.
    Never take anything you don't need ,never want anything you can't have

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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by AdamT View Post
    That was a fairly fact-free reply. Well, I guess there were xxx facts.

    Here's a fact: GM sells more cars in China than it does in the U.S. Last year GM posted its first profit since 2004. This year it is profitable in all four regions in which it operates.

    In May Chrysler reported its first profitable quarter in five years and its new models have been well reviewed.
    Although I will stand by the exports of American autos and auto parts compared imports of Foriegn autos and auto parts anytime.
    Prove me wrong.

    Here's a small question.
    GM sells more cars in China than in the U.S., as you said.
    Tell me how does this help the American economy?

    Another question,
    Could it be the Chinese are buying more cars because they have more of their labor force working ?
    Tiki bar regular.
    My code, never take anything for granted always expect the unexpexted.
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