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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 winston53660 View Post
    Say one happens to dis like con agra but happens to like Dr. Pepper. Guess what when one buys a Dr Pepper they are also buying a ConAgra product. And that holds true for that holds true for quite a few other food products as well.
    If you like a product but not the company then you have a choice to make. Isn't freedom of choice wonderful? No one forces you to buy from any company that you don't want to buy from

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

    Quote Originally Posted by Jetboogieman View Post
    You can't tackle the deficit and the debt with cuts alone. It's just not possible.

    Now you may feel like towing the idealogical line gets you somewhere, it doesn't, a combination of cuts and raised taxes is the only solution to truly get everything under control. You can't grow your way out of this either.
    When you have a 14.6 trillion dollar debt you have to cut spending and grow your way out of it. Cut Federal Spending, provide incentive to the private sector to put 25 million unemployed and under emplloyed Americans back to work payiing taxes. Then implement a flat tax so that all income earners pay something. That collects taxes from another 65 million Americans. The growth in this economy would be incredible.

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

    Quote Originally Posted by Conservative View Post
    If you like a product but not the company then you have a choice to make. Isn't freedom of choice wonderful? No one forces you to buy from any company that you don't want to buy from
    I hardly think some one can avoid (not buy) a ConAgra product in the food chain.

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

    Quote Originally Posted by Conservative View Post
    I believe in free choice and not forced redistribution of wealth. Do you believe that someone else should give their money to you? Guess it is ok if they are forced to give it to the govt. and have the govt. give it to you, right?
    I believe that people shouldn't be self absorbed, materialistic, greed heads. If people ARE like that, I certainly am not jealous of them. It must suck to be you.

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

    Quote Originally Posted by Conservative View Post
    If you like a product but not the company then you have a choice to make. Isn't freedom of choice wonderful? No one forces you to buy from any company that you don't want to buy from
    Who said anything about buying products? Can you try to stay on topic?

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

    Quote Originally Posted by Conservative View Post
    You don't know what you are talking about. How much 1/3rd of the GDP?
    Are you asking what 1/3 of our GDP is? Just under $5 trillion/year.

    Quote Originally Posted by Conservative View Post
    Life is about making choices. You don't like a company, don't buy from them. You have yet to tell me how someone got rich while making someone else poor or middle class? Where is your initiative to become one of those evil rich people so you can give all your money away like you want others to do. Do you think that someone else should give their money to you?
    Conservatives are so naive... You assume whoever has the money automatically has some special magical right to it. Like god went around declaring how much money people would have. In reality, who has what money is largely determined by a whole series of rules we set up as a society. What tax rates we set on this and that, what sorts of costs that companies create we make them bear and what costs we let them push off on to society, what national resources we charge them for and what ones we let them use for free, what types of anti-competitive practices we allow and what ones we don't, how members of boards of directors are selected, how performance reviews are structured, what information companies need to make public and what they are allowed to keep secret, how schools are funded, how health care is paid for, etc. Yet for some reason when those rules are tweaked in a way that pushes more money to the top, you're ok with that, but when they're tweaked in ways that push more money to the rest of the people you get all upset and start talking about taking people's money away. It's some strange type of doublethink. Right now the rules are dialed pretty much all the way towards pushing money to the super rich. They've won just about every one of those battles in legislatures, board rooms, stock exchanges and in employee negotiations and at this point everything is set up to suck money out of the rest of the country and dump it in their laps. We want to turn those dials back to a more sensible, traditional, level, that's all. If they're making such great choices they'll certainly continue to do fantastically well even on a more level playing field I'm sure.

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

    Quote Originally Posted by Conservative View Post
    When you have a 14.6 trillion dollar debt you have to cut spending and grow your way out of it. Cut Federal Spending, provide incentive to the private sector to put 25 million unemployed and under emplloyed Americans back to work payiing taxes. Then implement a flat tax so that all income earners pay something. That collects taxes from another 65 million Americans. The growth in this economy would be incredible.
    So we are just coming out of three decades of shoving insane amounts of our GDP into the pockets of the rich. It got so bad that it collapsed our economy, our education is falling behind the rest of the world, our standard of living is sliding, other countries are moving ahead of us in terms of median income, our median income actually fell over an entire decade for the first time since the great depression, the EU beats us for GDP and China likely will shortly too, a larger percentage of our population is without health care than any other first world country, etc. And your answer is to take even more money from the middle class and give it to the rich? Why would we continue to head down a bad path? If you were right in your theories, why is our economy not exploding right now? We're on the bleeding edge of a radical experiment in reaganomics. This is as far as any first world country has ever gone in this direction. And we're finding that is blows. When you try something and it fails miserably, you stop doing it.

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

    Quote Originally Posted by teamosil View Post
    So we are just coming out of three decades of shoving insane amounts of our GDP into the pockets of the rich. It got so bad that it collapsed our economy, our education is falling behind the rest of the world, our standard of living is sliding, other countries are moving ahead of us in terms of median income, our median income actually fell over an entire decade for the first time since the great depression, the EU beats us for GDP and China likely will shortly too, a larger percentage of our population is without health care than any other first world country, etc. And your answer is to take even more money from the middle class and give it to the rich? Why would we continue to head down a bad path? If you were right in your theories, why is our economy not exploding right now? We're on the bleeding edge of a radical experiment in reaganomics. This is as far as any first world country has ever gone in this direction. And we're finding that is blows. When you try something and it fails miserably, you stop doing it.
    As Einstein purportedly said, a good definition of insanity is doing the same thing over and over and expecting different results.

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

    Quote Originally Posted by AdamT View Post
    As Einstein purportedly said, a good definition of insanity is doing the same thing over and over and expecting different results.
    insanity...or just stubbornly wishful thinking?


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

    Quote Originally Posted by AdamT View Post
    As Einstein purportedly said, a good definition of insanity is doing the same thing over and over and expecting different results.
    Both parties (Dem and Rep) have failed us again and again yet people still vote them in power. The true definition of insanity.

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