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Thread: State of the Union Address

  1. #271
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    Re: State of the Union Address

    Thank you for the effort. Now to reiterate, do these not sound like the antithesis of ‘while Conservatives motivate with fear’?

    Despite the Administration's rhetoric, airline cargo still goes uninspected, shipping containers go unscreened, and our railroads and power plants are not secure. Police officers and firefighters across America have pleaded for the tools they need to prevent or respond to an attack, but the Administration still hasn't delivered for our first responders.

    The greatest threats to our homeland security are the tons of biological, chemical, and even nuclear materials that are unaccounted for or unguarded. The President says the right words about the threat, but he has failed to take action commensurate with it.

    We can and we must keep the world's most gruesome weapons out of the world's most dangerous hands. Nothing is more important to our homeland security, and indeed to the safety of the world.

    For three years, the President has failed to put together a comprehensive plan to protect America from terrorism, and we did not hear one tonight.


    These are not examples of motivation by fear?

  2. #272
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    Re: State of the Union Address

    Quote Originally Posted by Eighty Deuce View Post
    "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 ?
    Why is it important to say if it is or is not in the Constitution? That would be irrelevant. The issue of fairness certainly is right and proper in a discussion of public tax policy.

    You state that the government must treat wages differently than capital gains. I see no proof of your statement of belief that there would be less investment and less revenue. Can you provide that please?

    How can one show evidence otherwise from somthing you have not supplied evidence for yourself?

    Why should anyone here be for a consupmption tax in the first place?
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    Re: State of the Union Address

    Quote Originally Posted by haymarket View Post
    What part of this do you not clearly understand: for something to be taxed AGAIN it first must be taxed one previous time.
    Ok, not directly taxed but it does create the investment capital that is used to grow and stimulate the U.S. economy and if it wasn't made in the first place there wouldn't be any investment capital for liberals to steal without taking any risk.

  4. #274
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    Re: State of the Union Address

    Quote Originally Posted by Conservative View Post
    Ok, not directly taxed but it does create the investment capital that is used to grow and stimulate the U.S. economy and if it wasn't made in the first place there wouldn't be any investment capital for liberals to steal without taking any risk.
    That took long enough for you to admit the error of your ways.

    So now the question is why did you keep insisting on something that you knew to be false?
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    Re: State of the Union Address

    Quote Originally Posted by haymarket View Post
    That took long enough for you to admit the error of your ways.

    So now the question is why did you keep insisting on something that you knew to be false?
    What you fail to recognize is that we have a growing economy based upon a growing investment and if you stop investing you stop growth. you think raising taxes provides the incentive to invest? I will always support individual risk taking and individual wealth creation, why won't you? What is it about liberalism that has people living in a vacuum.

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    Re: State of the Union Address

    Quote Originally Posted by Conservative View Post
    What you fail to recognize is that we have a growing economy based upon a growing investment and if you stop investing you stop growth. you think raising taxes provides the incentive to invest? I will always support individual risk taking and individual wealth creation, why won't you? What is it about liberalism that has people living in a vacuum.
    So now that you have admitted you are wrong abouit this double taxation, now the question is why did you keep insisting on something that you knew to be false?
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    Re: State of the Union Address

    Quote Originally Posted by Catawba View Post
    Why must capital gains be treated differently than other income?
    Because from a NASDAQ Stock Market survey suggests that the notion that all investors are affluent gentlemen coupon-clippers is no longer true. The survey found that:

    Ž stock ownership doubled over the past seven years to 43 percent of the adult population;
    Ž 47 percent of all investors are women;
    Ž 55 percent are under the age of 50; and
    Ž 50 percent are not college graduates.

    The survey results suggest that a capital gains tax reduction would directly benefit many Americans across the income spectrum. More importantly, a tax cut would benefit all Americans by promoting economic growth, thus boosting workers’ wages and living standards.

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    Re: State of the Union Address

    Quote Originally Posted by haymarket View Post
    So now that you have admitted you are wrong abouit this double taxation, now the question is why did you keep insisting on something that you knew to be false?
    I made the correction why do you ignore the value of investment capital and where that money comes from

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    Re: State of the Union Address

    Quote Originally Posted by Catawba View Post
    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?
    That is a good question, and also one that I addressed a bit already. See the video link of an hour or two ago with Charlie Gibson asking Obama during the Democrat nominating debate with Hillary.

    Capital Gains, aka Investment, reacts differently when taxed than does wages. They are motivated by completely different dynamics. Study it all you want, but the net result is that if you increase taxes on Capital Gains, the first presumption would be that it is to produce more revenue. But it invariably produces less revenue, as the investments will migrate away from higher taxation to lower taxations. The historical precedent for this is overwhelming. See the link I noted. See also what happened in NJ, MD, and Oregon in the last five years when they went after wealth. It is frankly not debatable.

    So, if we do as Obama proposed, we get less revenue. History is also frought with taxation that is not in balance, ie "fair". Cigarette tax. Import Tariffs that encouraged the Civil War. Our own already "Progressive" Income Tax rate, which apparently is not enough for the libs as is. "Fairness" in taxation is a myth by most analyses.

    What you are espousing is to empower government to better keep you on the gubmit teat so as to redistribute wealth. Obama and the Dems love it because it keeps them empowered in an expanding nanny state.

    If you were truly concerned about "fairness", you would drop this envy crap and move to a consumption tax, which the politicians such as Obama fear, as it transfers power from them to you in more ways than one.

    However, higher tax rates just do not work in producing much in added revenues. The high marginal rates of the past were accompanied with enormous loopholes and deductions. Without them, such high rates would not have been on the books.

    It is a giant mess, but Obama's own Simpson Bowles Commission recommended a slew of reform. Obama has ignored all, opting instead for envy, and an expanding gubmit teat. He is not doing what is best for the country.

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    Re: State of the Union Address

    Quote Originally Posted by Catawba View Post
    Are you aware of what the Capital gains tax rates have been through our history?
    And are you aware of the varying levels of the exclusion of capital gains from taxation? And which party set these exclusion up? And which party increased these exclusions?

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