Page 26 of 106 FirstFirst ... 1624252627283676 ... LastLast
Results 251 to 260 of 1060

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

  1. #251
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 09:57 PM
    Gender
    Lean
    Conservative
    Posts
    67,298

    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.
    You really have been brainwashed and don't seem to understand actually earning your money. The best you can do is support a govt. that believes it should solve personal responsibility issues. "Your" President has a 39% JAR in some polls and the reason the economy ISN'T exploding right now is that "your" President, just like you don't understand how the economy works and what to do to motivate it? Why do you think anyone should send their money to you?

  2. #252
    Sage
    Phys251's Avatar
    Join Date
    Jul 2011
    Location
    Georgia
    Last Seen
    Today @ 12:12 AM
    Gender
    Lean
    Slightly Liberal
    Posts
    12,785

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

    Quote Originally Posted by Smokified View Post
    What if they asked you to actually start paying taxes? Waaaaaa. Shut up.
    LOL, nice flame. Try again.
    "A man you can bait with a tweet is not a man we can trust with nuclear weapons." --Hillary Rodham Clinton
    "Innocent until proven guilty is for criminal convictions, not elections." --Mitt Romney

  3. #253
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

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

    Quote Originally Posted by apdst View Post
    Aren't you the same guy that suggested we do away with all tax deductions and tax businesses on their gross revenue?





    I gotta better idea. Why don't you post it for us, because I doubt Obama said anything like that, unless he was suggesting that businesses make less money which would be par for his dumbass.
    The budget would also extend a provision in the stimulus bill to allow small businesses to write off up to $250,000 of qualified investments, a measure that the administration says will slash small business taxes by $1 billion during 2009 and 2010.

    Page 2: Obama's 2011 Budget Tax Proposals: President Obama Proposes Tax Cuts - ABC News

    Tax breaks for small businesses played a prominent role in President Barack Obama’s $447 billion jobs plan, which he outlined tonight in a speech that called on Congress to “stop the political circus and actually do something to help the economy.”

    Read more: Obama Proposes 477 Billion Dollar Jobs Package - Business News - Portfolio.com


    Obama Proposes Tax Credits to Spur Companies to Hire Jobless Vets


    Read more: Obama Proposes Tax Credits To Spur Companies To Hire Jobless Vets | Fox News



    FACT SHEET: President Obama Has Signed Eight Small Business Tax Cuts Into Law, Pledges to Sign Eight New Tax Cuts Benefitting Millions of Small Businesses | The White House

    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.

  4. #254
    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: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by danarhea View Post
    When Eisenhower was president, the highest tax rate was 90%, and unemployment was low. No, I am not suggesting that we tax at 90% again. I just brought up this fact to show the lie that is being passed around that it is tax cuts that create jobs. Jobs are created when people buy stuff, and when the middle class is squeezed more than the rich, they buy less, and fewer jobs are created as a result. It's all about supply and demand. What can kill demand, and therefore jobs? Greed.
    Bingo! Your are the winner Dan. Those people who think they know all about capitalism and how it works don't know squat.


  5. #255
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 09:57 PM
    Gender
    Lean
    Conservative
    Posts
    67,298

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

    Quote Originally Posted by pbrauer View Post
    Bingo! Your are the winner Dan. Those people who think they know all about capitalism and how it works don't know squat.
    So what does allowing people more take home pay through tax cuts do if not give consumers more money to buy stuff? Tax hikes mean less money regardless of the tax bracket.

  6. #256
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773
    Quote Originally Posted by Conservative View Post
    Maybe if you would focus more on all the posts on this thread than just mine, you would be able to answer that question?
    You were replying to my post -- not all the posts in this thread. You asked how the rich getting richer can take money away from the non-rich and I gave you an example. Your reply was a non sequitur.
    Last edited by AdamT; 09-21-11 at 12:49 PM.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... 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."

    -- Adam Smith

  7. #257
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 09:57 PM
    Gender
    Lean
    Conservative
    Posts
    67,298

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

    Quote Originally Posted by AdamT View Post
    You were replying to my post -- not all the posts in this thread. You asked how the rich getting richer can take money away from the non-rich and I gave you an example. Your reply was a non sequitor.
    My reply was to Winston, not you, I am still waiting for proof that the rich are getting richer off the backs of the poor and middle class. the rich take risks, have initiative, and drive that most poor and many in the middle class don't have.

    I grew up striving to become one of those evil rich people thus having the ability to take care of my family. I never expected help from the taxpayers and have gotten nothing. I pay for the services I received by paying taxes and contributed to my SS retirement supplement over my 35 years in the business world. I expect to help take care of people in my community not yours and I expect a return on my investment in SS, not having that SS fund used to fund other govt. functions. I see no value in sending my money to D.C. so that a politician can take that money and spent it on social programs that don't benefit my community. I can do that myself locally without getting a middleman involved.

  8. #258
    Sage
    teamosil's Avatar
    Join Date
    Oct 2009
    Location
    San Francisco
    Last Seen
    05-22-14 @ 12:47 AM
    Gender
    Lean
    Liberal
    Posts
    6,623

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

    Quote Originally Posted by Simon W. Moon View Post
    How does GNI relate to GDP?
    They're basically the same thing. GNI is GDP + interest and dividends the country receives from other countries. The numbers are very nearly identical.

  9. #259
    Sage
    teamosil's Avatar
    Join Date
    Oct 2009
    Location
    San Francisco
    Last Seen
    05-22-14 @ 12:47 AM
    Gender
    Lean
    Liberal
    Posts
    6,623

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

    Quote Originally Posted by Smokified View Post
    Welfare, Medicare and Social Security are the 3 most expensive government programs.
    Whoa! No, that's not even close to true. Welfare is a program called TANF. It's annual budget is $16.6 billion. That is not even in the top 20 most expensive programs. Maybe not even in the top 100.

    Quote Originally Posted by Smokified View Post
    If it is true that 1% of our population is on some kind of welfare yet that 1% accounts for 1 out of every 7 tax dollars, then there is serious problem here.
    1 out of 7 tax dollars? Welfare is 1 out of every 164 tax dollars spent.

  10. #260
    Professor
    Tettsuo's Avatar
    Join Date
    Jul 2011
    Location
    Brooklyn, NY
    Last Seen
    12-14-17 @ 07:28 PM
    Gender
    Lean
    Liberal
    Posts
    2,321

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

    Quote Originally Posted by Conservative View Post
    So what does allowing people more take home pay through tax cuts do if not give consumers more money to buy stuff? Tax hikes mean less money regardless of the tax bracket.
    5% of the population will not and simply cannot consume as much as the remaining 95%. So giving tax cuts to the 95% will have a much better impact on consumer demand.
    A man without fear is a fool, a man that succumbs to his fear is a coward and a brave man acknowledges fear yet presses on.
    http://soulinblackandwhite.blogspot.com/

Page 26 of 106 FirstFirst ... 1624252627283676 ... LastLast

Posting Permissions

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