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Thread: Senate fails to advance Buffett rule

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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by Eighty Deuce View Post
    Unfortunately, that is not what the intent is with the Buffet Rule, and is not what is happening here. The Buffet Rule is not about reducing debt. Obama said almost 4 years ago that he recognizes that increasing taxes on Capital Gains ends up producing less revenue to the government. Obama said such increases were about being "fair".

    The Buffet Rule is about politics. Its about diverting attention from the problem, and empowering politicians to stay in power, while the masses stay stupid, and off the cliff we go.

    Your spin is to be as one more lemming on this.

    Here. Its at about 1:05
    I agree with you in part. The buffet rule is not going to change much so long as there are so many loopholes to be exploited. The Buffet rule would be a start but we need to start holding people to paying 30% of their total earning, not 30% of their adjusted income (like the buffet rule is doing). There is a huge difference there. The buffet rule as it might generate 40 billion, which is great, but how much would it make if you got people to pay 30% of the TOTAL income. The payoff would probably be 10x that amount.
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by muciti View Post
    It is 40 billion less is what it is. It is 40 billion that we arent paying interest on.

    You are never going find any measure that is going to completely eliminate the debt immediately that will be acceptable. The way we are going to reduce it is by passing bills that will cut a few million here and there, and working to increase the amount of money our government in generating. Every little bit helps and it all adds up.
    Over ten years, Democrat spending would wipe that out in a heart beat. Apparently the money won't even pay off the interest for a week. There are so many far more important things to do then to play a class warfare game, based on buffets slight of hands hypocricy.
    Let evil swiftly befall those who have wrongly condemned us

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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by ReverendHellh0und View Post
    Over ten years, Democrat spending would wipe that out in a heart beat. Apparently the money won't even pay off the interest for a week. There are so many far more important things to do then to play a class warfare game, based on buffets slight of hands hypocricy.
    Democrat spending? Are you one of those that believe that ONLY the Dems are the ones that increased the debt with spending?

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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by ReverendHellh0und View Post
    Over ten years, Democrat spending would wipe that out in a heart beat. Apparently the money won't even pay off the interest for a week. There are so many far more important things to do then to play a class warfare game, based on buffets slight of hands hypocricy.
    The alternate is do nothing until we come up with a bill that will eliminate our debt? I hate to break it to you, but that is not going to happen. That 40 billion won't pay of interest for a week? We pay on average about 21 billion in interest a month. So yes it would cover a week. Dont exaggerate please. Futhermore that 40 billion is not going to just pay on the interest. It is going to reduce the debt amount and not only give us 40 billion but also reduce the amount that we are paying in interest. Even if only by a few million a month. You pass a few bills reducing it by 40 billion and you are making a difference. Which is far better than ignoring it and doing nothing.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by ReverendHellh0und View Post


    YOu started here:

    I agree do both, stop wasting time throwing a tantrum over people like The Good Reverend making more money than you.
    Um you need to do a little better reading.

    My comment was:

    The reason we don't legalize drugs is because of conservatives that believe the government knows best. Hmmmmm where have I heard conservatives say something against that before.
    to which you replied:

    Not from me..
    My comment was directed towards conservatives at that time (even bolded the part if you are having trouble reading). Like I said, hmmmmmmmmm.

    Also, I'm not throwing the tantrum, that would be the people like you who might have to pay come 2013.

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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by TheNextEra View Post
    Democrat spending? Are you one of those that believe that ONLY the Dems are the ones that increased the debt with spending?

    I was refering to the party in power, and the assumption they have, that they will still be in power, I am sorry, that went over your head. Republicans spend as much as democrats, I will make sure to spell every detail out so you can keep up my friend.
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by TheNextEra View Post
    Um you need to do a little better reading.

    My comment was:



    to which you replied:



    My comment was directed towards conservatives at that time (even bolded the part if you are having trouble reading). Like I said, hmmmmmmmmm.

    Also, I'm not throwing the tantrum, that would be the people like you who might have to pay come 2013.


    Palor trick. If you wish to call me a conservative, you can wallow in your own ignorance, the embarrassment will be all yours. furthermore what was this about if not infering I was both a conservative and against ending prohibition? "Hmmmmm where have I heard conservatives say something against that before."


    Maybe I misread you, who knows, as for a tantrum, I am not the one whining about those making more than me.
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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by ReverendHellh0und View Post
    I was refering to the party in power, and the assumption they have, that they will still be in power, I am sorry, that went over your head. Republicans spend as much as democrats, I will make sure to spell every detail out so you can keep up my friend.
    It didn't go over my head, you were just showing your partisan hackery at that moment. You're forgiven my left wing friend.

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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by ReverendHellh0und View Post
    Palor trick. If you wish to call me a conservative, you can wallow in your own ignorance, the embarrassment will be all yours. furthermore what was this about if not infering I was both a conservative and against ending prohibition? "Hmmmmm where have I heard conservatives say something against that before."


    Maybe I misread you, who knows, as for a tantrum, I am not the one whining about those making more than me.
    You did misread that part, it was stated strictly for CONSERVATIVES.

    No, you are whining about having to pay more when you are afforded more.

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    Re: Senate fails to advance Buffett rule

    Quote Originally Posted by muciti View Post
    The alternate is do nothing until we come up with a bill that will eliminate our debt? I hate to break it to you, but that is not going to happen. That 40 billion won't pay of interest for a week? We pay on average about 21 billion in interest a month. So yes it would cover a week. Dont exaggerate please. Futhermore that 40 billion is not going to just pay on the interest. It is going to reduce the debt amount and not only give us 40 billion but also reduce the amount that we are paying in interest. Even if only by a few million a month. You pass a few bills reducing it by 40 billion and you are making a difference. Which is far better than ignoring it and doing nothing.
    It's nonsense, look at what TNE stated, regarding 2013... he thinks only I will have to pay. but in one year, when all these taxes come back and the average family is paying 3k or so more a year, in one year, they will collect over 500 billion. 40 billion in one year, is not about reducing the deficit, but class warfare election year politics.
    Let evil swiftly befall those who have wrongly condemned us

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