Page 18 of 76 FirstFirst ... 816171819202868 ... LastLast
Results 171 to 180 of 758

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

  1. #171
    Pragmatic Idealist
    upsideguy's Avatar
    Join Date
    Nov 2009
    Location
    Rocky Mtn. High
    Last Seen
    Today @ 03:27 AM
    Gender
    Lean
    Progressive
    Posts
    10,104

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

    Quote Originally Posted by ttwtt78640 View Post
    If fully funding the federal gov't for 8 days is "the most" that they can do via taxation increases, then there is much more to discuss. Don't you agree? That is what this "fuss" in DC is about.
    Please back-off these trite and disingenuous talking points. That one, in particular, is amongst the most shallow ever spoken by Fox and the Cons. It is meaningless and those that espouse it show equal shallowness in the command of the issue.

    First, the gap is not 360 days, which this implies, but 100 days, against which the 8 days is meaningful. The gap is about $1T annually; half of which was created by the soft economy and which is going to have to be fixed by the economy firming up.

    The tax rate increase accounts for about 8-10% of the problem; add in the second tax reform and you are 15-20% toward a solution. There is no other activity that can be done that will have so much impact with as little consequence. It is the low hanging fruit.

  2. #172
    Banned
    Join Date
    Jun 2006
    Last Seen
    08-29-17 @ 09:28 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    16,575

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

    Quote Originally Posted by American View Post
    His budget reduction is feeble.
    Not disagreeing, but people attempting to say the the president and the Dems think JUST raising taxes will solve the debt problem are either ignorant of their position or lying. Neither the Dems or OBama have said ONLY raising taxes will solve the debt problem.

  3. #173
    Sage
    AliHajiSheik's Avatar
    Join Date
    Aug 2012
    Last Seen
    Today @ 01:27 AM
    Gender
    Lean
    Undisclosed
    Posts
    6,377

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

    Quote Originally Posted by Viktyr Gehrig View Post
    Yes, and I didn't vote for him for exactly that reason. I just don't like it when people pretend the Republicans are any better, when they refuse to admit that we're going to have to raise taxes, and particularly that we're going to have to raise taxes on the wealthiest households more than we raise taxes elsewhere. Not because we hate the rich or wish to "punish success", but because that's where all the money is.
    I don't like it when people pretend that cutting some spending isn't part of the equation either. Isn't where money is being spent also "where the money is"? Since I don't have any pretense to what you accuse me of and I presume you don't have the pretense I just accused you of, then what? Bring on the cliff and half of us pay more and some sacred spending cows also get cut. Genius.

  4. #174
    Guru
    Samhain's Avatar
    Join Date
    Sep 2011
    Location
    Northern Ohio
    Last Seen
    Yesterday @ 05:37 PM
    Lean
    Libertarian
    Posts
    3,884

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

    Quote Originally Posted by TheNextEra View Post
    Who is suggesting ONLY raising taxes as a solution to the debt problem. Even the president isn't suggesting JUST raising taxes would solve the debt problem.
    The plans the president has put forward contains no guaranteed spending cuts. They mention possible future spending cuts, or guarantees of talking about future spending cuts, but nothing that is an actual spending cut.

    To get something on the books before the 31st, they should agree on 18-19% GDP revenue and 19-20% GDP spending, with the details to be worked out next year.

  5. #175
    Banned
    Join Date
    Jun 2006
    Last Seen
    08-29-17 @ 09:28 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    16,575

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

    Quote Originally Posted by upsideguy View Post
    Please back-off these trite and disingenuous talking points. That one, in particular, is amongst the most shallow ever spoken by Fox and the Cons. It is meaningless and those that espouse it show equal shallowness in the command of the issue.

    First, the gap is not 360 days, which this implies, but 100 days, against which the 8 days is meaningful. The gap is about $1T annually; half of which was created by the soft economy and which is going to have to be fixed by the economy firming up.

    The tax rate increase accounts for about 8-10% of the problem; add in the second tax reform and you are 15-20% toward a solution. There is no other activity that can be done that will have so much impact with as little consequence. It is the low hanging fruit.
    My problem is the whole kicking the can down the road without any MEANINGFUL solution is ridiculous. BOTH sides are the problem.

  6. #176
    Sage
    lpast's Avatar
    Join Date
    Mar 2011
    Location
    Fla
    Last Seen
    05-21-16 @ 10:12 PM
    Gender
    Lean
    Independent
    Posts
    13,565

    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 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

    Ok so is there a problem or something with that...?

  7. #177
    Sage
    AliHajiSheik's Avatar
    Join Date
    Aug 2012
    Last Seen
    Today @ 01:27 AM
    Gender
    Lean
    Undisclosed
    Posts
    6,377

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

    Quote Originally Posted by TheNextEra View Post
    Not disagreeing, but people attempting to say the the president and the Dems think JUST raising taxes will solve the debt problem are either ignorant of their position or lying. Neither the Dems or OBama have said ONLY raising taxes will solve the debt problem.
    I wish I believed that there were people out there that believed there even was a debt problem.

  8. #178
    Banned
    Join Date
    Jun 2006
    Last Seen
    08-29-17 @ 09:28 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    16,575

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

    Quote Originally Posted by Samhain View Post
    The plans the president has put forward contains no guaranteed spending cuts. They mention possible future spending cuts, or guarantees of talking about future spending cuts, but nothing that is an actual spending cut.

    To get something on the books before the 31st, they should agree on 18-19% GDP revenue and 19-20% GDP spending, with the details to be worked out next year.
    None of what you are saying addresses what I said and that is the president nor the Dems have said that ONLY raising taxes will solve the debt problem.

    I also have said previously that BOTH sides are playing politics on this one and BOTH sides are at fault. To blame just ONE side on everything is partisan hackery at its finest.

  9. #179
    Banned
    Join Date
    Jun 2006
    Last Seen
    08-29-17 @ 09:28 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    16,575

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

    Quote Originally Posted by AliHajiSheik View Post
    I wish I believed that there were people out there that believed there even was a debt problem.
    There are many people that believe we have a debt problem. However, they believe the "other" side or the "other" states congress members are the problem. That is why congress as a whole has such a HORRIBLE approval rate, they nothing really changes.

  10. #180
    Banned
    Join Date
    Feb 2012
    Location
    Chicago Illinois
    Last Seen
    10-14-15 @ 09:28 AM
    Gender
    Lean
    Private
    Posts
    56,981

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

    Quote Originally Posted by winston53660 View Post
    And Hollywood has Clint Eastwood talking to an empty chair at the RNC.
    How many movies does Spielberg the Billionaire Make as Opposed to the Millionaire Eastwood? What about his front company DreamWorks? How about Cameron? There is a major difference with 85% of Hollywood leaning left as opposed to the likes of Eastwood.

    But now when you start looking at Directors and Producers. Seems the Progressives Clearly dominates the field.

    The Republicans should have broke out Robert Duvall, and Gene Hackman with EastWood. Then called it the Obama Rode--e-O. Take the Bull by the Horn and then talk to an Empty Saddle!

Page 18 of 76 FirstFirst ... 816171819202868 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •