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

  1. #261
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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by Conservative View Post
    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?
    So in your view, rich non-working people "earn" their money, but people who actually get their money by working do not? Both working people and investors are involved in generating most income. The question isn't one of taking what somebody earned and giving it to somebody who didn't or whatever, it is how to divide up the pie that we all create. You seem to think we ought to just let the rich decide how much they want to take and be thankful for whatever scraps are left for the rest of us. I don't think that at all.

    Quote Originally Posted by Conservative View Post
    Good, now name for me any group of rich that control 5 trillion of that?
    What are you talking about? That is the share of our GDP that the top 1% gets. Not sure what you mean.

    Quote Originally Posted by Conservative View Post
    Isn't that what liberals are proposing, that my money be sent to D.C. so that politicians can send it to you?
    I'm not sure you're following. Who gets what money is, always has been, and always will be, largely a product of a laundry list of rules our society sets up. Right now those rules are dialed all the way towards favoring the rich. Dialing them back to a bit more balanced solution isn't like more redistributive or something. Either way the rules are determining who gets money. Rules that favor the rich aren't somehow categorically different than rules that favor everybody else. It isn't like favoring one group is "keeping what you earn" and favoring a different group is "stealing" or whatever. Either way, the rules are deciding who gets money.

  2. #262
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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by Tettsuo View Post
    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.
    Then why aren't those 95% paying their "fair share?" all of them? 47% aren't paying any FIT thus apparently in your world their fair share is ZERO? Still waiting for your explanation as to why you believe it is my responsibility to fund your personal responsibility issues? I sure don't expect you to pay for mine but for some reason sending it to the govt. so they can send it to you is ok?

  3. #263
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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by Conservative View Post
    Then why aren't those 95% paying their "fair share?" all of them? 47% aren't paying any FIT thus apparently in your world their fair share is ZERO?
    How many times do we need to go over this? Federal income taxes aren't the only taxes. Obviously you know that since we've been over it before, so what gives?

  4. #264
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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by Conservative View Post
    Then why aren't those 95% paying their "fair share?" all of them? 47% aren't paying any FIT thus apparently in your world their fair share is ZERO? Still waiting for your explanation as to why you believe it is my responsibility to fund your personal responsibility issues? I sure don't expect you to pay for mine but for some reason sending it to the govt. so they can send it to you is ok?
    You asked a question and I answered. I'm not sure why you're making this personal. I don't have any responsibility issues, so I'm unsure why you're taking it there.

    It's simple math Con. If you want to increase revenue but cause the least amount of pain from a tax hike, you hit up the rich.

    So even if those 47% that you claim aren't paying FIT are forced to pay FIT, that would reduce their desire to consume and thus have a negative effect on the economy. Those 47% spend every penny they make while the top 5% have far more than enough and are more likely to save their excess.
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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by pbrauer View Post
    that was paul ryan's math as well.
    iokiyar

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    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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

    Quote Originally Posted by TurtleDude View Post
    jacking up taxes will not create more jobs or more demand
    It's not meant to. It's meant to reduce the deficit.

    Why do the rightwingers insist on repeating this straw man?

    Is it because they can't defend their nonsense slogan about how tax cuts create jobs?
    http://www.debatepolitics.com/us-par...more-jobs.html
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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

    Quote Originally Posted by danarhea View Post
    Apples and oranges. Demand creates jobs. When the middle and lower classes have no money, there is no demand. very simple.
    That was not the original question. Republicans originally claimed that tax cuts produced jobs. We had the tax cuts. Where are the jobs? Again, it was a BS question to begin with, since it is demand that creates jobs, and it has zilch to do with tax rates.
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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by teamosil View Post
    We need to shovel as much money as we can into the pockets of the super rich as fast as we possibly can or else the country will fall! Aeieieiee!
    Yes, they need the money so they can ship our jobs to China!!
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  9. #269
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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by teamosil View Post
    How many times do we need to go over this? Federal income taxes aren't the only taxes. Obviously you know that since we've been over it before, so what gives?
    Federal income taxes are the only thing on the table. The Federal Govt. doesn't control state and local taxes but what the Federarl Govt. does is affect those tax revenues to the state. Anyone here believe that those evil rich people being forced to pay higher Federal Taxes won't be looking to offset those taxes by moving to a lower tax state? Doesn't bode well for you in California which is the biggest welfare state in the nation and a state with the highest number of minimum wage employees when considering the California minimum wage.

    It doesn't look like you have ever looked at the budget of the United States. Suggest you go there and get the line items of both revenue and expenses. Let me help you, educate yourself.

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  10. #270
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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by Conservative View Post
    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.
    Dude, it's not that hard.

    A CEO of a big corporation tends to rake in a lot of money. But by no means is he (it's usually a "he"; would you like to suggest that women don't have the same drive as men do?) able to do so alone. To keep his offices clean, he has to hire janitors, and I wonder how much they make? In addition, he probably has a lot of workers for him, especially he runs a manufacturing or energy company. Unless they're unionized, they probably don't make a lot; and if the laborers are overseas, they may make pennies every hour. His office has to have running water; that water is provided by public servants who don't make near what he makes. To get to his office, he had to take a car, or taxi, or limo, or perhaps helicopter. That consumes gas, and remember what I said about laborers in energy companies? Furthermore, those roads had to be paved and occasionally repaved, and that takes labor. To even get where he is in the first place, he had to be taught in a classroom, and don't even get me started about how badly teachers are underpaid.

    And that's just for him. That does not include the building of society off the back of laborers. Or the building of our economy, if we go far enough back, off the backs of people who were paid absolutely nothing. Or the development of European society, which was built on the back of practically the entire continent of Africa.

    Conservative, you guys want to make it sound like that the rich just magically work their way up to the top, and nobody takes a hit for it on the way up. I really do not understand how you have deluded yourselves so, but I can tell you this: It's one of the greatest lies in our society today.
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