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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

    Quote Originally Posted by apdst View Post
    I made 40 grand last year, after expense and paid a $7,000 tax bill. I can't afford to pay more taxes. And before you say anything, I'm a business owner and can't qualify for all those tax breaks that normal folks receive and now, Obama wants me to pay more taxes, while he's murdering the industry in which I make my living.
    You must being doing something wrong to pay too much on 40K. When I was making that and less, I did better. And You might check with an accountant because here our business folks find all kinds of breaks (we help them here at the college). Also, Obama has suggested ways in which small business can reduce their taxes, you might look that up as well.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by apdst View Post
    The government didn't create those jobs. The private sector did.
    Regarding the TVA jobs:- FDR's government created them. FDR's government passed laws creating them and funding them. Please read up with the two links I provided for your illumination and education.

    The Tennessee Valley Authority (TVA) is a federally owned corporation in the United States created by congressional charter in May 1933 to provide navigation, flood control, electricity generation, fertilizer manufacturing, and economic development in the Tennessee Valley, a region particularly affected by the Great Depression. The enterprise was a result of the efforts of Senator George W. Norris of Nebraska. TVA was envisioned not only as a provider, but also as a regional economic development agency that would use federal experts and electricity to rapidly modernize the region's economy and society.
    As a supplier of electric power, the agency was given authority to enter into long-term (20 years) contracts for the sale of power to government agencies and private entities, to construct electric power transmission lines to areas not otherwise supplied and to establish rules and regulations for electricity retailing and distribution. TVA is thus both a power supplier and a regulatory agency. Today, TVA is the nation's largest public power company, providing electric power to over nine million customers in the Tennessee Valley. It acts primarily as an electric power wholesaler, selling to 156 retail power distributors and 56 directly served industrial or government customers. Power comes from dams providing hydroelectric power, fossil fuel plants, nuclear power plants, combustion turbines, wind turbines and solar panels.
    Last edited by haymarket; 09-20-11 at 03:49 PM.
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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by Gill View Post
    I'll give you two that I'm familiar with:

    1. Safety harnesses are now required by any roofer working more than 6' above the ground. Any one that has ever worn a safety harness will tell you that they create more of a safety hazard than by not having one. Besides, every contractor I see would hit the ground before the harness caught because they leave a lot of slack in them so they can get their work done. If it was done correctly, harnesses would be required on roofs beyond a certain roof slope such as greater than 8:12.

    2. The EPA now requires that all contractors renovating or repairing a house built before 1978 to be lead paint certified. It doesn't matter if they've tested the paint and found that it does not contain lead. They still have to send their men to an 8 hour course that costs $300 a person. Another way to increase the cost of doing business.
    yah.....i'm sure those safety harnesses put roofing companies out of business. lol.

    lead certification? again, how completely onerous. i'm sure tha painters will go out of business. seriously, $300? and not everyone would have to be certified. come up with something better.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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

    Quote Originally Posted by haymarket View Post
    Regarding the TVA jobs:- FDR's government created them. FDR's government passed laws creating them and funding them. Please read up with the two links I provided for your illumination and education.
    TVA jobs are government jobs. Did Carter "create" jobs when he started the Dept. of Education???

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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

    Quote Originally Posted by liblady View Post
    yah.....i'm sure those safety harnesses put roofing companies out of business. lol.

    lead certification? again, how completely onerous. i'm sure tha painters will go out of business. seriously, $300? and not everyone would have to be certified. come up with something better.
    I should have known better than to post a serious reply to a partisan hack that has no knowledge of how business works.

    You're dismissed.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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

    Quote Originally Posted by Gill View Post
    I should have known better than to post a serious reply to a partisan hack that has no knowledge of how business works.

    You're dismissed.
    lol......again, how are these regulations onerous? since you can't answer, it would seem that you've run away.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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

    Quote Originally Posted by Gill View Post
    TVA jobs are government jobs. Did Carter "create" jobs when he started the Dept. of Education???
    thank you for agreeing that the TVA jobs were indeed government created jobs.

    As to the department of ed - there are 5,000 employees there. And they too are government created jobs.
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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by liblady View Post
    lol......again, how are these regulations onerous? since you can't answer, it would seem that you've run away.
    since you've never worn a safety harness, I wouldn't expect a serious answer from you. It's very hard to walk around with one on.

    My point was that the regulations are useless. No roofing contractor wears a safety harness that would actually prevent him from being injured, they only wear it so that the OSHA inspector won't fine them. What good does that do.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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

    Quote Originally Posted by Gill View Post
    since you've never worn a safety harness, I wouldn't expect a serious answer from you. It's very hard to walk around with one on.

    My point was that the regulations are useless. No roofing contractor wears a safety harness that would actually prevent him from being injured, they only wear it so that the OSHA inspector won't fine them. What good does that do.
    the point is, no one is going out of business because they have to wear a safety harness. that's what we were discussing.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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

    Quote Originally Posted by Conservative View Post
    Interesting how liberals are so passionate about people not getting more take home pay, explain why? Anyone that believes that people keeping more of their own money is negative is foolish for that does stimulate the economy and thus jobs are created.
    So you agree we should giving the money currently being doled out in corporate welfare to households to stimulate the economy and grow jobs? Cool
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