Page 93 of 106 FirstFirst ... 43839192939495103 ... LastLast
Results 921 to 930 of 1060

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

  1. #921
    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 washunut View Post
    My sense is a lot of people feel we do need some level of regulation. However there is a reasonable balance between too much and not enough.
    Yes, I agree. There needs to be balance. And that is where the debate is. Not regulation versus no regulation. Each regulation shoudl be looked at and a determination made as to whether it is necessary or not.

    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.

  2. #922
    Sage
    Dittohead not!'s Avatar
    Join Date
    Dec 2009
    Location
    The Golden State
    Last Seen
    Today @ 08:47 PM
    Gender
    Lean
    Libertarian
    Posts
    41,580

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

    Quote Originally Posted by Boo Radley View Post
    Yes, I agree. There needs to be balance. And that is where the debate is. Not regulation versus no regulation. Each regulation shoudl be looked at and a determination made as to whether it is necessary or not.
    yes, exactly.

    Further, it needs to be looked at with the question in mind of whether it will help or hurt the economy and the American people, and not whether it will or won't gain political points for one party or the other.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

  3. #923
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

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

    Quote Originally Posted by Dittohead not! View Post
    but, how much debt would that gargantuan effort generate? The feds already owe more than the entire annual GDP.
    It would generate a lot of debt. A huge amount. The stimulus probably should have been two or three times as big as it was. I think it would be cheaper in the long term than bumping along on the ragged edge of recession for another five or ten years.

  4. #924
    Slayer of the DP Newsbot
    danarhea's Avatar
    Join Date
    Aug 2005
    Location
    Houston, TX
    Last Seen
    Today @ 05:17 PM
    Gender
    Lean
    Conservative
    Posts
    39,756

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

    Quote Originally Posted by liblady View Post
    very funny. class warfare is what the gop is waging.
    Both sides are doing it. Just say that, no matter who is in power, I have a bone to pick with Washington......

    The ghost of Jack Kevorkian for President's Physician: 2016

  5. #925
    Sage
    Dittohead not!'s Avatar
    Join Date
    Dec 2009
    Location
    The Golden State
    Last Seen
    Today @ 08:47 PM
    Gender
    Lean
    Libertarian
    Posts
    41,580

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

    Quote Originally Posted by AdamT View Post
    It would generate a lot of debt. A huge amount. The stimulus probably should have been two or three times as big as it was. I think it would be cheaper in the long term than bumping along on the ragged edge of recession for another five or ten years.
    debt that would have to be paid back through inflation, as no one is going to be willing to cut spending and raise taxes to the point of being able to pay it back any other way. Is it worth it?
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

  6. #926
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

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

    Quote Originally Posted by Dittohead not! View Post
    debt that would have to be paid back through inflation, as no one is going to be willing to cut spending and raise taxes to the point of being able to pay it back any other way. Is it worth it?
    I don't accept your premise. If we had doubled the size of the stimulus it would have increased our debt by less than 7%. Either way it is going to take a long time time to pay down. We did it after the GD and WWII. I don't see why we can't do it again. It wasn't 10 years ago that we were in a position to start paying down the debt. Of course it didn't work out that way....

  7. #927
    Student Smokified's Avatar
    Join Date
    Sep 2011
    Last Seen
    12-06-11 @ 09:56 PM
    Lean
    Undisclosed
    Posts
    166

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

    Quote Originally Posted by AdamT View Post
    I don't accept your premise. If we had doubled the size of the stimulus it would have increased our debt by less than 7%. Either way it is going to take a long time time to pay down. We did it after the GD and WWII. I don't see why we can't do it again. It wasn't 10 years ago that we were in a position to start paying down the debt. Of course it didn't work out that way....
    Why is it that you liberals always want to focus on these silly percentages like they are some shield from the reality of the actual situation? 7% of trillions of dollars is still a big deal.

  8. #928
    Sage
    presluc's Avatar
    Join Date
    May 2009
    Location
    Michigan
    Last Seen
    Yesterday @ 04:04 PM
    Gender
    Lean
    Independent
    Posts
    9,932

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

    Quote Originally Posted by Gipper View Post
    And what are those tax cuts going for? Seems to make sense that if you pay the most, you should probably get the most cuts. We already have way too many Americans that not only pay zero income tax, but actually get free money from the government they never paid in the first place (Making Work Pay, EIC, etc.).

    It also makes sense to grant cuts to the section of the population providing employment to the middle class. The reason the middle class can pay taxes is because the rich allow them an opportunity to.
    Sorry to cut into your post disneydude, but something caught my eye in this post, the last line.

    "The reason the middle class can pay taxes is because the rich allow them the opportunity to".

    I have a response to that ,
    The reason the rich remain rich is because the middle class buy their products..
    Also if the rich don't give the middle class the opportunity to pay taxes, then who will pay taxes?
    The unemployed, the working poor, perhaps the upper middle class?
    Tiki bar regular.
    My code, never take anything for granted always expect the unexpexted.
    Never take anything you don't need ,never want anything you can't have

  9. #929
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

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

    Quote Originally Posted by Smokified View Post
    Why is it that you liberals always want to focus on these silly percentages like they are some shield from the reality of the actual situation? 7% of trillions of dollars is still a big deal.
    Why are conservatives afraid of percentages and taking a rational, big-picture view of the world? Maybe you take some weird comfort from screaming, "ARRGH!! DEFICIT!!!!" -- but it doesn't help solve the problem.

  10. #930
    Sage
    presluc's Avatar
    Join Date
    May 2009
    Location
    Michigan
    Last Seen
    Yesterday @ 04:04 PM
    Gender
    Lean
    Independent
    Posts
    9,932

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

    Quote Originally Posted by danarhea View Post
    Both sides are doing it. Just say that, no matter who is in power, I have a bone to pick with Washington......

    I am an independent also and pretty much feel the same way.
    American workers need more jobs to revive this economy and raise tax revenue to avoid tax increaces in the future.
    Tiki bar regular.
    My code, never take anything for granted always expect the unexpexted.
    Never take anything you don't need ,never want anything you can't have

Page 93 of 106 FirstFirst ... 43839192939495103 ... 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
  •