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Thread: Focus on Petraeus and Taxes as Obama Faces Reporters

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    Re: Focus on Petraeus and Taxes as Obama Faces Reporters

    Quote Originally Posted by jonny5 View Post
    Thats literally what he said

    "there are two pathways available...everybody’s taxes will automatically go up...the other option is to pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody’s income"

    There is no third pathway by which republican offer counter.
    That is on the tax side. Not on the cuts side. So, you're missing that they can say sure, but you need to these cuts. Because there are automatic cuts as well. That automatic swings both ways. Both have leverage.

    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.

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    Re: Focus on Petraeus and Taxes as Obama Faces Reporters

    Quote Originally Posted by Boo Radley View Post
    I don't read him that way. He spoke to his point of beginning. Again, don't be victims. Step up and make a counter offer.
    Here's a counter offer. Cut all entitlements in half and raise taxes on the top 1% to where they were under Klinton. (not including Social Security and Medicare for those who paid into it.)

    Let's face it, the $16 trillion debt won't be paid down by raising taxes and making the modest cuts proposed by Obama anyway.

    If you don't like that offer then here's another counter offer. Go pound salt.
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    Re: Focus on Petraeus and Taxes as Obama Faces Reporters

    Quote Originally Posted by Μολὼν λαβέ View Post
    Here's a counter offer. Cut all entitlements in half and raise taxes on the top 1% to where they were under Klinton. (not including Social Security and Medicare for those who paid into it.)

    Let's face it, the $16 trillion debt won't be paid down by raising taxes and making the modest cuts proposed by Obama anyway.

    If you don't like that offer then here's another counter offer. Go pound salt.
    Unless you're talking about the big three, medicare, medaid and the military, you're not doing any cutting at all. So I assume you're talking about them. This would be a heavy burden for the poor, much heavier than the top 1% are bearing.

    How about say the top 10% go back to Clinton era, and we do a 10% cut on the big three (though I think we could handle a slightly higher cut on the military to lower the burden on the other two).

    Remember, it helps the wealthy if we bring people up as we used to do. We've been cutitng for the wealthy for a long time. A small reversal likley won't really kill them.

    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.

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    Re: Focus on Petraeus and Taxes as Obama Faces Reporters

    Quote Originally Posted by jonny5 View Post
    If I were Republicans I would just say, here is our return offer.

    Opt 1 - taxes go up on everyone
    opt 2 - taxes stay the same for everyone


    Exactly. We should raise everybody's taxes and then blame Obama.

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    Re: Focus on Petraeus and Taxes as Obama Faces Reporters

    Quote Originally Posted by Boo Radley View Post
    No, that's just class warfare nonsense on your side.

    Now, republicans, go to the table, without whining, and sure, as soon as you agree to these cuts in conjunction with the increases. Then you have the balanced approach and like legislators and not victims.
    What balanced approach, what cuts are you talking about?
    Liberals - Punish the Successful, Reward the Unsuccessful
    Liberals - Tax, Borrow, Spend, and Give Free Stuff
    Obama's legacy - President Donald Trump

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    Re: Focus on Petraeus and Taxes as Obama Faces Reporters

    Quote Originally Posted by Born Free View Post
    What balanced approach, what cuts are you talking about?
    I think I've said for years now you have to tackle the big three. I even say that above.

    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.

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    Re: Focus on Petraeus and Taxes as Obama Faces Reporters

    There is absolutely no reason under the sun that Social Security and medicare should not be means tested in the not so distant future.

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    Re: Focus on Petraeus and Taxes as Obama Faces Reporters

    Quote Originally Posted by Boo Radley View Post
    I think I've said for years now you have to tackle the big three. I even say that above.
    Yes you did but not in a real way, how about for every $1 increase in revenue there are $2 in cuts, at the same time the tax increase goes into effect. As for the cuts nothing is off the table to get the $2 in cuts. Congress can work out where the cuts take place. We have a spending problem more so than a revenue problem.
    Liberals - Punish the Successful, Reward the Unsuccessful
    Liberals - Tax, Borrow, Spend, and Give Free Stuff
    Obama's legacy - President Donald Trump

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    Re: Focus on Petraeus and Taxes as Obama Faces Reporters

    Quote Originally Posted by Born Free View Post
    Yes you did but not in a real way, how about for every $1 increase in revenue there are $2 in cuts, at the same time the tax increase goes into effect. As for the cuts nothing is off the table to get the $2 in cuts. Congress can work out where the cuts take place. We have a spending problem more so than a revenue problem.
    So, you think the poor should carry twice the burden?

    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.

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    Re: Focus on Petraeus and Taxes as Obama Faces Reporters

    Quote Originally Posted by Boo Radley View Post
    So, you think the poor should carry twice the burden?
    Where did I say that?
    Liberals - Punish the Successful, Reward the Unsuccessful
    Liberals - Tax, Borrow, Spend, and Give Free Stuff
    Obama's legacy - President Donald Trump

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