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

  1. #131
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by sawyerloggingon View Post
    Obama is playing politics with the lives of us Americans he supposedly is in office to do good things for. His statement that he will not sign a bill that does not raise taxes on the rich proves he is more interested in destroying Republicans than he is in leading us out of this horrible economy. If Reps can find a way to meet his dollar requirements through closing loop holes the rich use then there should be a deal. What obama wants though is to weaken Reps with their base by forcing them to break their pledge not to raise taxes or to go over the cliff and blame it on Reps in order to turn the general public against them. Obama just may drag us into another recession, possibly


    "President Obama today declared there would be no deal to avert the looming fiscal cliff unless Republicans agree to raise rates on the top 2 percent of income-earners."

    No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says - ABC News
    Obama made it clear what he wanted, and it is what most of the country wants. OF COURSE the republicans are being weakened, because they want to cut ss and Medicare while allowing the rich to continue to enjoy the lowest tax rates in a very long time. They still don't understand why they lost.

    Originally Posted by johnny_rebson:

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


  2. #132
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Paschendale View Post
    See, that's stupid. Some people live hand to mouth, and already are too poor to get by. What kind of idiot would try to get more money from them? They're already perpetually in the red.
    People making $70K a year do not live hand to mouth except to the extent that they put their wants ahead of their needs and yet we are now going to be subsidizing their health insurance because they are downtrodden. What the Obama apologists do not get is that we could do more for the truly poor if we would stop this kind of nonsense that people who make that much money cannot afford to pay any more taxes and have to have subsidized insurance. It is an absolute atrocity what some seniors must live on, but we cannot do anything about it because the left is too damn busy buying votes and less busy trying to enact policies that make sense that would allow us to do more for the real poor or the truly disabled.

  3. #133
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by liblady View Post
    Obama made it clear what he wanted, and it is what most of the country wants.
    Just because the rest of the country wants it doesn't mean it's the correct course of action. Just look at the last election.
    Exactly how much do you think would be generated buy obama's tax increase on 'the rich'?

  4. #134
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by TheNextEra View Post
    The GOP cannot SPECIFICALLY say HOW they are going to raise revenue without raising taxes. They gave a vague statement with no substance. Likewise, the Dems need to compromise and show specific cuts and not just to defense.

    Are people finally starting to see how the two sides are failing or are there still those out there that feel "their" side is the good guys and the other is the bad guy?
    That's exactly right.........

    Originally Posted by johnny_rebson:

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


  5. #135
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by keymanjim View Post
    Just because the rest of the country wants it doesn't mean it's the correct course of action. Just look at the last election.
    Exactly how much do you think would be generated buy obama's tax increase on 'the rich'?
    65 billion.

    Originally Posted by johnny_rebson:

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


  6. #136
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by TurtleDude View Post
    so why was a plan that raised similar amounts of revenues rejected? why should no one else pay higher taxes but the 2%. If the revenue is that needed taxing only 2% of the voters more appears to be based on politics rather than truly a desire to raise more revenue.
    Taxing that particular group is the low-hanging fruit; it produces the greatest deficit reducing impact (in this case revenue) with the least economic consequence of any single move that government can do...

  7. #137
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by sawyerloggingon View Post
    Obama is playing politics with the lives of us Americans he supposedly is in office to do good things for. His statement that he will not sign a bill that does not raise taxes on the rich proves he is more interested in destroying Republicans than he is in leading us out of this horrible economy.
    Now you can argue whether or not the President has a mandate, he did make if very clear that his approach to deficit reduction was to allow the so-called Bush tax cuts to expire and cut taxes on all except for incomes over $250K (in essence, continuing tax cuts on all but incomes over $250K). Romney had an approach which included raising revenues by cutting loopholes and rates. Each of these were centerpieces of their respective campaigns.

    If my recollection of history is correct, Obama won and Romney lost. Hence, the Obama approach has been validated by a majority of American voters. The road has been paved to increase tax rates on incomes over $250K. These things considered, the Republicans dragging their feet trying to introduce legislation that looks more like Romney's rejected plan than Obama's endorsed plan means they are the one's playing politics.

    It is also the reason the Con will be blamed if we drive off this so-called "cliff:

    Poll: GOP to get more blame than Obama if fiscal cliff talks fail – CNN Political Ticker - CNN.com Blogs



    Quote Originally Posted by sawyerloggingon View Post
    If Reps can find a way to meet his dollar requirements through closing loop holes the rich use then there should be a deal. What obama wants though is to weaken Reps with their base by forcing them to break their pledge not to raise taxes or to go over the cliff and blame it on Reps in order to turn the general public against them. Obama just may drag us into another recession, possibly even a new depression.


    "President Obama today declared there would be no deal to avert the looming fiscal cliff unless Republicans agree to raise rates on the top 2 percent of income-earners."

    No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says - ABC News
    The Cons were in denial about election tracking polls and remained in denial up to and through all networks (including Fox) declaring Obama won.... What we see from the Republican leadership is that they remain in their alternative reality...

    It seems to me Obama's first move should be to send the Space Shuttle up to pick up the Republican leadership.
    Last edited by upsideguy; 12-06-12 at 01:32 AM.

  8. #138
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by liblady View Post
    Obama made it clear what he wanted, and it is what most of the country wants. OF COURSE the republicans are being weakened, because they want to cut ss and Medicare while allowing the rich to continue to enjoy the lowest tax rates in a very long time. They still don't understand why they lost.
    50% isn't, "most".
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  9. #139
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by gmeyers1944 View Post
    Not enough revenue will be raised by this method.
    Yes. The thing that both parties need to admit-- and stop posturing over-- is that everyone needs to pay more taxes and that everyone is going to be hurt by the kinds of spending cuts we need. Austerity sucks, but it's the price we pay for decades of reckless spending.

  10. #140
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by upsideguy View Post
    Taxing that particular group is the low-hanging fruit; it produces the greatest deficit reducing impact (in this case revenue) with the least economic consequence of any single move that government can do...
    you are completely wrong.

    the only way to rein in the spending is to make government spending distasteful to a majority of the voters. as long as most voters aren't facing increased taxes when the government spends more and more, they will continue to vote for big spending politicians

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