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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 teamosil View Post
    That argument doesn't make any sense... We're talking about whether the rich are paying their fair share. We know how much of various taxes the rich pay, we know how much of various taxes the middle class pays. I don't see what relevance you think there is to what exactly dollar amount a specific individual pays.
    The thread topic,
    Obama to propose $1.5 trillion in new tax revenue
    Which taxes do you believe Obama is proposing increasing?

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

    Quote Originally Posted by Conservative View Post
    Just an example in 1965 with 175 million people the budget of the U.S. was 250 billion dollars, today it is 3.7 trillion with 310 million people. Make a case for that amount. I am saying you can increase the 1965 budget by 6 times and do quite well. Too many people don't know history.
    So, $250 billion in 1965 dollars adjusted for inflation is $1.7 trillion. Adjusting for the number of people, that is $1.7T/175*311 = $3.11 trillion. So, about the same ballpark. It's a bit higher now because we're in two wars and a recession, but basically it's about on the same line.

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

    Quote Originally Posted by teamosil View Post
    So, $250 billion in 1965 dollars adjusted for inflation is $1.7 trillion. Adjusting for the number of people, that is $1.7T/175*311 = $3.11 trillion. So, about the same ballpark. It's a bit higher now because we're in two wars and a recession, but basically it's about on the same line.
    Do you really have any idea as to the role of the Federal govt? Did you ever take a civics and history course? We have a problem today because of an overreaching Federal Govt. that gets involved in social issues. Those personal responsibility issues are between you, your state, your local communities, your charities, or your church. Not a bureaucrat in D.C.

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

    Quote Originally Posted by Conservative View Post
    The thread topic, Which taxes do you believe Obama is proposing increasing?
    Capital gains.

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

    Quote Originally Posted by Conservative View Post
    Do you really have any idea as to the role of the Federal govt? Did you ever take a civics and history course? We have a problem today because of an overreaching Federal Govt. that gets involved in social issues. Those personal responsibility issues are between you, your state, your local communities, your charities, or your church. Not a bureaucrat in D.C.
    Dude, you keep losing point after point. Your entire world view keeps proving to be ridiculous off the mark. But you never stop and reevaluate. Instead you just try to change the topic real fast...

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

    Quote Originally Posted by teamosil View Post
    Capital gains.
    I'll believe it when I see it.

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

    Quote Originally Posted by teamosil View Post
    Capital gains.
    yeah Obumble is on record noting he will increase those taxes even if it does not increase tax revenues to make things "fair"

    the silly twit is not competent to be president. He is going to drive capital out of America



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

    Quote Originally Posted by TurtleDude View Post
    yeah Obumble is on record noting he will increase those taxes even if it does not increase tax revenues to make things "fair"

    the silly twit is not competent to be president. He is going to drive capital out of America
    Link please... Obviously you're mischaracterizing something he said... zzzz....

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

    Quote Originally Posted by teamosil View Post
    Link please... Obviously you're mischaracterizing something he said... zzzz....
    You deny he said this



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

    Quote Originally Posted by TurtleDude View Post
    You deny he said this
    to save you the embarrassment



    the stupid clown says it right here



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