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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 Conservative View Post
    I gave you the link, get someone to help you read it?
    You gave me a link to like 100 documents. If you have a point to draw from that data, lets see it. Otherwise, you lose...

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

    Quote Originally Posted by teamosil View Post
    Unfortunately private donations are pretty much irrelevant. We do give slightly more than most other countries in private donations, but it's a drop in the bucket compared to the numbers nations give. I looked it up before and it didn't even take us up to 0.14% of our GDP total.
    As individuals we gave 300 billion in 2006. far and away more than every country combined.

    List of most charitable countries - Wikipedia, the free encyclopedia

    Americans give record $295B to charity - USATODAY.com

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

    Quote Originally Posted by 1Perry View Post
    As individuals we gave 300 billion in 2006. far and away more than every country combined.

    List of most charitable countries - Wikipedia, the free encyclopedia

    Americans give record $295B to charity - USATODAY.com
    No, no. We're talking about charitable contributions to other countries. That's only a tiny fraction of the total charitable contributions we give. Also that counts religious donations as charity. In fact it's the largest category. That's pretty questionable IMO.

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

    Quote Originally Posted by teamosil View Post
    No, no. We're talking about charitable contributions to other countries. That's only a tiny fraction of the total charitable contributions we give. Also that counts religious donations as charity. In fact it's the largest category. That's pretty questionable IMO.
    Questionable? O.K. you can question it. The links note that the U.S. gives roughly 30 billion. Individuals give 300 billion. The arguement was that individual giving doesn't make a dent compared to what the government gives. Even if only 10% of this money goes overseas, we have doubled what the government gives.

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

    Quote Originally Posted by 1Perry View Post
    Questionable? O.K. you can question it. The links note that the U.S. gives roughly 30 billion. Individuals give 300 billion. The arguement was that individual giving doesn't make a dent compared to what the government gives. Even if only 10% of this money goes overseas, we have doubled what the government gives.
    Nowhere near 10% goes overseas. Americans are very charitable for sure, but they give near home. Most people everywhere do. That's why government giving is so crucial.

    As for religious donations, it isn't that I think they are bad or something, it just isn't "charity" like you think of. They're donating money to the church that they hang out in. It is to enrich their own spiritual lives, not other people's.

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

    Getting back to the OP...

    1. Corporations are sitting on large piles of cash right now. They are doing this probably because they believe it is the safest short-term investment, moreso than spending it or hiring new workers. How is a tax cut going to do anything more than increase those stockpiles?

    2. So we have a debt problem. Why fight it with one hand behind our backs?

    3. Why are conservatives in extreme denial over the FACT that the gap between the rich and the poor is widening?
    "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

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

    Quote Originally Posted by teamosil View Post
    Nowhere near 10% goes overseas.
    Americans privately give at least $34 billion overseas

    Philanthropy Research - foreign aid, charity, Bill Gates, donations, humanitarian relief, NGOs, overseas aid

    As for religious donations, it isn't that I think they are bad or something, it just isn't "charity" like you think of. They're donating money to the church that they hang out in. It is to enrich their own spiritual lives, not other people's.
    Samaritan's Purse

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

    Quote Originally Posted by Phys251 View Post
    Getting back to the OP...

    1. Corporations are sitting on large piles of cash right now. They are doing this probably because they believe it is the safest short-term investment, moreso than spending it or hiring new workers. How is a tax cut going to do anything more than increase those stockpiles?

    2. So we have a debt problem. Why fight it with one hand behind our backs?

    3. Why are conservatives in extreme denial over the FACT that the gap between the rich and the poor is widening?
    Where is the assurance that any increase in revenue will go to deficit reduction? How much revenue to you expect to get from raising the taxes on those evil rich people? Why do you have such passion for raising taxes and giving more money to the politicians that created this mess?

    Still waiting for an answer to my post earlier today as to why we need a 3.7 trillion dollar govt, and where are those cuts proposed by Obama, actual cuts?

    Businesses have no confidence in this President and aren't going to hire until that confidence is re-earned.

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

    Quote Originally Posted by Conservative View Post
    Where is the assurance that any increase in revenue will go to deficit reduction? How much revenue to you expect to get from raising the taxes on those evil rich people? Why do you have such passion for raising taxes and giving more money to the politicians that created this mess?
    When will you stop beating your wife? That's basically the quality of questions you are asking here. Can you PLEASE stop trolling and attempt to have an honest debate?

    Still waiting for an answer to my post earlier today as to why we need a 3.7 trillion dollar govt, and where are those cuts proposed by Obama, actual cuts?
    I got back on track per a moderator's directive. Will you do the same?

    Businesses have no confidence in this President and aren't going to hire until that confidence is re-earned.
    Demand creates jobs. Demand creates jobs. Demand creates jobs. You need to say that over and over again until you get it. The lack of forecasted demand is why businesses aren't hiring. Like his plan or not, that's what Obama is trying to do: Spur the demand and the hiring. If the rich created jobs, and that was that, we would never have been in this mess in the first place.
    "A man you can bait with a tweet is not a man we can trust with nuclear weapons." --Hillary Rodham Clinton
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    Re: Obama to propose $1.5 trillion in new tax revenue

    Quote Originally Posted by Phys251 View Post
    When will you stop beating your wife? That's basically the quality of questions you are asking here. Can you PLEASE stop trolling and attempt to have an honest debate?



    I got back on track per a moderator's directive. Will you do the same?



    Demand creates jobs. Demand creates jobs. Demand creates jobs. You need to say that over and over again until you get it. The lack of forecasted demand is why businesses aren't hiring. Like his plan or not, that's what Obama is trying to do: Spur the demand and the hiring. If the rich created jobs, and that was that, we would never have been in this mess in the first place.
    Demand creates jobs? No question about it, what creates demand is people keeping and spending more of their own money which comes from tax cuts, not tax increases. Govt. doesn't create enough jobs to affect the economy but that is something you don't understand. Who pays those salaries of the govt. employees? This economy has to grow in the private sector, not the public sector and that isn't going to happen with govt interference.

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