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Thread: Romney reveals he pays about 15% in taxes(edited)

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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by teamosil View Post
    Obama, for example, proposed $4 trillion in deficit reduction over 10 years. Approximately $1 trillion in revenues, $1 trillion in cuts to military spending and $2 trillion in cuts to domestic spending. The Democrats on the super committee proposed $3 trillion over 10 years with the same proportions.
    Did you read that outloud to yourself? The 'proposed cuts' (nonspecific) is in DEFICT spending...spending which currently runs approx 1.3 to 1.4 trillion a year. In the course of 10 years we can expect an additional 13 to 14 trillion in added debt, not including debt payment increases. At BEST, the 'proposed' cuts (where IS that actual budget that spells out to all those senior citizens that the president proposed 'massive' medicare cuts?)reduce the debt increase by 4 trillion...which means we will still face, under a best case scenario, an ADDITIONAL 9 trillion in debt added to the current 15.5 trillion. Sorry...you REALLY want me to believe that is a serious cut proposal? (and again...where IS that budget bill? Where are the magic beans that will actualize those numbers? How do you consider a 'discretionary rebate' a serious cut proposal? Or for that matter...how do you call a 'provider tax' a 'cut?)

    Do you have kids? Grandkids? Nieces and nephews? You kick them in the groin on a regular basis just for fun?

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    Re: Romney's tax rate is only half as high as the middle class pays

    And somehow, someway you are against cutting four trillion dollars from our deficit?
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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by haymarket View Post
    And somehow, someway you are against cutting four trillion dollars from our deficit?
    not at all - his complaint seems to be that he prefers actual, real cuts as opposed to theoretical, imaginary ones.

    So, for example, if I suggest that we Increase Revenues by $1 Trillion and leave it at that, that doesn't really tell you if I'm raising tax rates and scoring it that way, simply changing my growth assumptions and scoring it that way, or selling a bunch of stuff and scoring it that way.

    Ditto if I say that we have already cut $1 Trillion from the military budget due to the fact that we didn't maintain the Surge in Iraq indefinitely. Or if I say that I have cut $7 Trillion from the budget by canceling an invasion of Iran. Those aren't actual cuts, and they shouldn't be scored as such.

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    Re: Romney's tax rate is only half as high as the middle class pays

    Not at all. But it isnt not that much. Its 400 billion/year. Call it what it is, you look like a dishonest schumck when you use congressional budget gimmicks to prop up your case.

    Means test SS. Link retirement age and payments out of SS to actuarials for all future retirees.
    Speaking of which, every fed contract needs to be gone over with a fine toothed comb to find retirement contracts that seem out of line. Im not even going to touch congressional retirement--because its so retardedly overpaid its rediculous.
    Welfare MUST include vocational/college training and something that resembles a placement program or no welfare.
    Starve the hell out of EPA, energy and education. Let them issue all the guidelines they wish, cut their funding so they cant be so busy always looking towards more for a few years. Commerce doesnt need to do ANY advertising for business--let the businesses do it.
    DEMAND bailout payments that put every single entity on track to paying it off in 10 years. If they can pay bonuses, they can pay the taxpayers back.
    Dismantle all TARP oversight once its done and then begin asking for it back via tax repayment through the IRS.
    Military forces drawdown---we dont need to be in Europe anymore, Middle East--probably, Korea---probably. But active forces deployed needs to drop drastically.
    2 week furlough---every single solitary government employee, without pay until we are running a surplus, to be increased if needed.

    I can think of more if Im trying but those are some of my initial thoughts.

    Government money taken in is directly related to government money spent---BOTH must be reduced, they are not separate and you are both posting extremely ignorant claims to say they are separate. Its like saying your bounced checks are separate from your bank balance and paycheck. Nope, they are related.

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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by cpwill View Post
    not at all - his complaint seems to be that he prefers actual, real cuts as opposed to theoretical, imaginary ones.

    So, for example, if I suggest that we Increase Revenues by $1 Trillion and leave it at that, that doesn't really tell you if I'm raising tax rates and scoring it that way, simply changing my growth assumptions and scoring it that way, or selling a bunch of stuff and scoring it that way.

    Ditto if I say that we have already cut $1 Trillion from the military budget due to the fact that we didn't maintain the Surge in Iraq indefinitely. Or if I say that I have cut $7 Trillion from the budget by canceling an invasion of Iran. Those aren't actual cuts, and they shouldn't be scored as such.
    Exactly Will! This is the thing that just slays me....Progressives love to say a certain amount of cuts occurred over a "ten year" period, to baseline budgets which actually means that they will agree to cut 'proposed' increases in future congresses that they have no idea, or control over at the moment. IT CUTS NOTHING!

    I say not one penny until real cuts are made to absolutely wasteful programs. When we see that, if it doesn't start to right the ship, then we can talk about taxation.


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    Re: Romney reveals he pays about 15% in taxes(edited)

    Quote Originally Posted by AdamT View Post
    As far as taxes, it shouldn't just be higher taxes on the wealthy. I think the system should be more progressive, but there are too many not contributing any income taxes at all.

    But the problem is on both the spending and revenue sides of the equation. It's only logical to address them simultaneously. This "first let's do this" deal is a common refrain from the Right. First let's seal the border, then.... First let's cut taxes, then.... First let's cut spending, then.... These are most often dodges where "then" means "never."
    Thank you for the response.

    I don't really disagree with the statements about progressive and those not contributing. My frustration isn't even with progressive taxes as much as it is how much the government is overspending.

    On the second part, I'm all for doing it simultaneously, too! That means both sides happen. I just don't want to feed them more then hope they keep up their end.

    Anyway, it's the paying the government to fail us I'm frustrated with. I imagine all of us are interested in the common good and liberty as general concepts and goals. We just disagree on how to get there. As a libertarian, I see things moving farther and farther away from what I think is best for all.
    Omniscience just sucks without omnipotence!

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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by j-mac View Post
    Exactly Will! This is the thing that just slays me....Progressives love to say a certain amount of cuts occurred over a "ten year" period, to baseline budgets which actually means that they will agree to cut 'proposed' increases in future congresses that they have no idea, or control over at the moment. IT CUTS NOTHING!




    j-mac
    Actually what it also cuts is the ability of the right wing to keep screaming and whining about the huge debt increases five and ten years from now. And all by itself that sound of silence is a tremendous national accomplishment.
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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by haymarket View Post
    Actually what it also cuts is the ability of the right wing to keep screaming and whining about the huge debt increases five and ten years from now. And all by itself that sound of silence is a tremendous national accomplishment.
    Even if we had a perfect economy tomorrow, do you think either side would admit it was because of the actions of the other? Do you think either side would find themselves in short supply of things to whine about? :P

    That's okay, the bitching about each other is what gives me something to bitch about with both parties.
    Omniscience just sucks without omnipotence!

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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by haymarket View Post
    And somehow, someway you are against cutting four trillion dollars from our deficit?
    Yeah...I am. 4 trillion dollars isnt even a start. 4 trillion over 10 years? And people like you drop to your knees in worship...see??? gosh! They are going to fix everything!

    Easy to defend this kind of ineptitude when A-it serves your political motivation and B-you never have to worry about paying for it. Its ****ing repugnant that people like you will defend THAT as acceptable. **** your granchildren, right? Make them pay for this stupidity.

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    Re: Romney's tax rate is only half as high as the middle class pays

    Quote Originally Posted by haymarket View Post
    Actually what it also cuts is the ability of the right wing to keep screaming and whining about the huge debt increases five and ten years from now. And all by itself that sound of silence is a tremendous national accomplishment.
    You know what is truly pathetic? You arent even joking. You HONESTLY believe that 9 trillion in added debt spending is 'progress' and that will 'shut up the right'. At the end of the day...you dont give a **** about the debt or about who has to pay for it. You carry about politics and the left 'winning'. Only people like you would jump on that Charlie Sheen version of 'winning'.

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