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Thread: State of the Union Address

  1. #261
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    Re: State of the Union Address

    Quote Originally Posted by Catawba View Post
    Notice the word in bold in my previous statement.

    "It took 30 years of both spending too much and taxing the rich too little to get us into this mess."

    And as I also stated, it will take the opposite to fix it.
    WOW, I like your debate technique...let me try it...Notice the word in my previous statement 'spending less AND tax the rich more'...notice where I said "(the opposite)"...

    What did I miss?

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    Re: State of the Union Address

    Quote Originally Posted by Removable Mind View Post
    The State of the Union speech was fruitless.

    Our fellow friends, neighbors, family members will let our nation decay into a state of chaos before they'll admit that they've been had by these Yahoos in Washington. Yep, sucked, scammed, conned into believing there is more than one America.

    Which America do you live in? The Conservative America? The Liberal America? The Centralist America? Have you started hating each other enough yet?

    Meanwhile...while you've been duped into hating each other...the assholes in Washington and their cronies are stealing all three Americas right out from under your noses.


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  3. #263
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    Re: State of the Union Address

    Quote Originally Posted by Conservative View Post

    This is a game for you, isn't it. You know quite well but cannot admit it that most investment capital has already been taxed once and was earned. How many times should income be taxed in your world?
    It's only taxed once, regardless of how it was earned.

  4. #264
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    Re: State of the Union Address

    Quote Originally Posted by Conservative View Post
    This is a game for you, isn't it. You know quite well but cannot admit it that most investment capital has already been taxed once and was earned. How many times should income be taxed in your world?
    and the inital investment capital is not taxed again. wtf are you talking about?

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


  5. #265
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    Re: State of the Union Address

    Quote Originally Posted by Dickieboy View Post
    Believe what you will. I challenge you to go back 5-6 years and listen to a Bush SOTU speach and then Pelosi's responce and you will realize that both parties practice the same tactic its just that the role each plays is dependent on the power positions.
    Okay, I will.

    Full text of Democratic response - politics - State of the Union - msnbc.com

    Throughout our nation's history, hope and optimism have defined the American spirit. With pride and determination, every generation has passed on a stronger America than the one it inherited. Our greatest responsibility is to leave our children a world that is safer and more secure.

    As House Democratic Leader, I want to speak with you this evening about an issue of grave concern — the national security of our country.

    Any discussion of our national security must begin with recognition and respect for our men and women in uniform. Whether they are fighting in Iraq and Afghanistan, or delivering humanitarian aid to the victims of the tsunami in Asia, our troops have the gratitude of every American for their courage, their patriotism, and the sacrifice they are willing to make for our country.

    I have seen that sacrifice up close. I've met with our troops in Iraq and Afghanistan. And I've visited our wounded in military hospitals here and overseas. Our troops not only defend us, they inspire us. They remind us of our responsibility to build a future worthy of their sacrifice.

    Because of the courage of our servicemen and women and the determination of the Iraqi people, Iraq's election on Sunday was a significant step toward Iraqis taking their future into their own hands. Now we must consider our future in Iraq.
    Here's a link to the 2007 Democrat response to State of the Union address.
    Democratic Response to the State of the Union Address
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    Re: State of the Union Address

    Quote Originally Posted by Conservative View Post
    This is a game for you, isn't it. You know quite well but cannot admit it that most investment capital has already been taxed once and was earned. How many times should income be taxed in your world?

    What part of this do you not clearly understand: for something to be taxed AGAIN it first must be taxed one previous time.
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    Re: State of the Union Address

    Folks. The issue is "Capital Gains". Not the original money that was invested. We all agree that such original money passed through a mechanism where it likely was exposed to taxation. I side with a few liberal posters here in that the issue with regard to capital gains taxation is soley with regard to any GAINS. The original investment is not re-taxed.

    Those GAINS are currently taxed at about 15%. If someone earned $1 M in wages in one year, they would be taxed at about 35%. If earned as Capital Gains, at about 15%. This is the "disparity" Obama is trying to highlight. It is pointed to as "unfair".

    "Fair" is not in the Constitution. Like it or not, as a "business" that must bring in revenue, the Government must treat income (wages) differently than it does income (capital gains) when looking to tax both. If yo raise taxes on the latter, you get less investment, and less revenue. Libs, not one of you has yet to show evidence otherwise.

    The solution is a consumption tax. Most of you libs are against such. Why ?

  8. #268
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    Re: State of the Union Address

    Quote Originally Posted by Eighty Deuce View Post
    LOL ... "taxing the rich too little" ..... if you took every penny that the "rich" owned ... all of their assets ..... you might cover one year of deficit. One friggin year.

    And then what ?

    The Bush tax cuts for the "rich" reduced revenues by about $35 B per year. The Bush tax cuts for the middle class reduced revenues by about $300 B per year.

    And yet you are stuck on this mantra of class envy. Of "blaming the rich". Why ?

    You just completely ignored the spending too much part of my statement.
    Let's try again:

    "It took 30 years of both spending too much and taxing the rich too little to get us into this mess. It will take the opposite to fix the mess."
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: State of the Union Address

    Quote Originally Posted by Catawba View Post
    You just completely ignored the spending too much part of my statement.
    Let's try again:

    "It took 30 years of both spending too much and taxing the rich too little to get us into this mess. It will take the opposite to fix the mess."
    No. Actually, I let it stand as correct

  10. #270
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    Re: State of the Union Address

    Quote Originally Posted by Eighty Deuce View Post
    Like it or not, as a "business" that must bring in revenue, the Government must treat income (wages) differently than it does income (capital gains) when looking to tax both. If yo raise taxes on the latter, you get less investment, and less revenue. Libs, not one of you has yet to show evidence otherwise.
    Why must capital gains be treated differently than other income? Are you aware of what the Capital gains tax rates have been through our history?
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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