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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
    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.
    You complain endlessly about deficits while you argue that we should not increase revenue. In fact you argue for REDUCING revenue, which can only increase deficits. You complain endlessly about unemployment and yet you argue for spending cuts, which increase unemployment.

    It's impossible to take you seriously.

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

    Quote Originally Posted by AdamT View Post
    You complain endlessly about deficits while you argue that we should not increase revenue. In fact you argue for REDUCING revenue, which can only increase deficits. You complain endlessly about unemployment and yet you argue for spending cuts, which increase unemployment.

    It's impossible to take you seriously.
    Yes, I argue about deficits because i don't believe we need a 3.7 trillion dollar govt. and you have not given me any reason to change tha topinion. Spending causes debt and a growing economy creates more govt. revenue. This empty suit doesn't have a clue how our economy works and how to grow it. Businesses are sitting on the sidelines and will not hire until Obama is fired.

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

    Quote Originally Posted by Conservative View Post
    Yes, I argue about deficits because i don't believe we need a 3.7 trillion dollar govt. and you have not given me any reason to change tha topinion. Spending causes debt and a growing economy creates more govt. revenue. This empty suit doesn't have a clue how our economy works and how to grow it. Businesses are sitting on the sidelines and will not hire until Obama is fired.
    Deficits are a function of spending and revenue. In almost all cases cutting taxes reduces revenue and raising taxes increases revenue. If you don't think that we need to increase tax revenue then you aren't serious about deficits.

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

    Quote Originally Posted by AdamT View Post
    You complain endlessly about deficits while you argue that we should not increase revenue. In fact you argue for REDUCING revenue, which can only increase deficits. You complain endlessly about unemployment and yet you argue for spending cuts, which increase unemployment.

    It's impossible to take you seriously.
    There are two things that Obama could do right now to be taken seriously.

    1. Offer to split the issue by providing an actual in writing bill, with spending cuts that are real and not some baseline veal that won't be enacted due to the fact that he can't control anything congress votes for ten years out.

    2. He can bow out gracefully before he gets thrown out in a landslide.

    J-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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

    Quote Originally Posted by j-mac View Post
    Offer to split the issue by providing an actual in writing bill, with spending cuts that are real and not some baseline veal that won't be enacted due to the fact that he can't control anything congress votes for ten years out.
    Uh, just like 6 weeks ago he proposed $3.6 trillion in spending cuts and only $400 million in closing tax loopholes and the GOP told him to go **** himself because they refused to accept any revenue increases..

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

    Quote Originally Posted by AdamT View Post
    Deficits are a function of spending and revenue. In almost all cases cutting taxes reduces revenue and raising taxes increases revenue. If you don't think that we need to increase tax revenue then you aren't serious about deficits.
    Cutting tax rates have NEVER reduced revenue as it increases economic activity which grows revenue in all areas. Unfortunately the more revenue that goes to the govt. the more they spend and there is nothing that is going to change that until we vote all those assholes out of office. In the meantime I don't support sending them another dime and will not support a tax increase. Too many unemployed people right now and too many people not paying any FIT. Promoting class warfare doesn't help

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

    Quote Originally Posted by AdamT View Post
    Deficits are a function of spending and revenue. In almost all cases cutting taxes reduces revenue and raising taxes increases revenue. If you don't think that we need to increase tax revenue then you aren't serious about deficits.
    Then explain how revenue increased after the Bush era tax cuts.

    J-mac
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    Alexis de Tocqueville

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

    Quote Originally Posted by teamosil View Post
    Uh, just like 6 weeks ago he proposed $3.6 trillion in spending cuts and only $400 million in closing tax loopholes and the GOP told him to go **** himself because they refused to accept any revenue increases..
    Bull****, his spending cuts were smoke and mirrors. List those cuts for us?

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

    Quote Originally Posted by j-mac View Post
    There are two things that Obama could do right now to be taken seriously.

    1. Offer to split the issue by providing an actual in writing bill, with spending cuts that are real and not some baseline veal that won't be enacted due to the fact that he can't control anything congress votes for ten years out.

    2. He can bow out gracefully before he gets thrown out in a landslide.

    J-mac
    Isn't it amazing, Congress hasn't even received the Obama Jobs bill yet? So much for the emergency!

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

    Quote Originally Posted by Conservative View Post
    Bull****, his spending cuts were smoke and mirrors. List those cuts for us?
    I mean obviously people like you are going to say that about any spending cut a Democrat proposes. It isn't like that's true or something, that's just nonsense wingnuts blurt out instinctively. You can look up the cuts there are obviously way too many to list off here.

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