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Thread: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Good for him and I hope he sticks to it. The republicans are just going to have to shoot themselves or raise taxes. Obama has learned.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by H. Lee White View Post
    This can only happen if you re-define "redistribution of wealth" to suit your purposes; when forced to re-define a term to support your argument, your argument is necessarily unsound.
    No it doesn't. Wealth is "redistributed" all the time, based on tax rates and deductions. You guys just love to try to define it as "Class warfare" redistribution when it adversely affects the rich...but define it as "getting what is rightfully yours" when it benefits the rich. It seems to me that it is you guys who are defining "redistribution of wealth" to suit your purposes.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by TheNextEra View Post
    And yet they offer no specifics on HOW they will do this. Wasn't that what conservatives were complaining about the Dems doing? All talk, yet no specifics on actually HOW they will do something.
    Obama should say, if you can raise the amount I want by closing loopholes I will sign it, instead he slammed the door in their faces.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Republicans are big boys. They know how to make a specific proposal.

    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: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by tererun View Post
    Good for him and I hope he sticks to it. The republicans are just going to have to shoot themselves or raise taxes. Obama has learned.
    What exactly has obama learned?

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Obama's learned to fight back. What most of republicans are falsely accusing Obama of has been republican SOP.


    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: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Carleen View Post
    This was never about how much would be generated. It has been a fairness issue.
    This isn't "fair" enough for you?

    Who Pays Income Taxes?


    Who Pays Income Taxes and How Much?

    Tax Year 2009





    Percentiles Ranked by AGI


    AGI Threshold on Percentiles


    Percentage of Federal Personal Income Tax Paid




    Top 1%


    $343,927


    36.73




    Top 5%


    $154,643


    58.66




    Top 10%


    $112,124


    70.47




    Top 25%


    $66,193


    87.30




    Top 50%


    $32,396


    97.75




    Bottom 50%


    <$32,396


    2.25




    Note: AGI is Adjusted Gross Income
    Source: Internal Revenue Service

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by sawyerloggingon View Post
    What exactly has obama learned?
    not to negotiate with spoiled children.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by tererun View Post
    not to negotiate with spoiled children.
    The one who refuses to negotiate is generally the spoiled child.

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by sawyerloggingon View Post
    Obama should say, if you can raise the amount I want by closing loopholes I will sign it, instead he slammed the door in their faces.
    that would assume that obama wants to actually raise revenue rather than play class warfare. its all about the turd in chief crapping on the rich to buy the love of the envious losers who are mad they aren't rich

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