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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

    only the rich have the money to pay the debt.

    So any other deal only results in forever debt slavery

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

    Quote Originally Posted by kamikaze483 View Post
    Lots of reading here. However none of it on topic. The debate we were having was this:

    Of the people who receive welfare benefits, how many of them work? You stated that the majority of them work. I showed a graph from a liberal organization which was done based on 2002 numbers.

    Though I could not find a more up to date chart, this fact remains: The welfare population DOES NOT fare better in the employment numbers than the overall population of the country. I would be willing to make this "guess":

    Less welfare people work now then they did in 2002.

    Your claim that the majority of welfare recipients work is invalid and false.

    I was thinking of welfare as all government assistance.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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

    Quote Originally Posted by 274ina View Post
    only the rich have the money to pay the debt.

    So any other deal only results in forever debt slavery
    Again. How much do you think will be generated by obama's tax increase on 'the rich'?

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

    Quote Originally Posted by Blue_State View Post
    The unlimited debt ceiling should never be on the table. Who would think that is ok? I would be ok to them tying it to a percentage of the GDP, but not a unlimited ceiling.
    You do understand the debt ceiling is used to pay for the bills we already have like the 12 trillion Republicans have racked up over they years. The whole mess is nothing more than a joke! SS has not add any debt to the deficit. So that is off the table! I am a firm believer that rates should go up for everyone. Then no pay or benefits for congress or the president. Now that is mostly symbolic but let get real if you want to get spending under control lets get with it.

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

    Quote Originally Posted by keymanjim View Post
    Again. How much do you think will be generated by obama's tax increase on 'the rich'?
    With Obamas figures, a small amount to help nearly balance the budget. And still they refuse to pay this
    TINY amount.

    They need to be taxed 80% untill debt is $2B.

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

    Quote Originally Posted by keymanjim View Post
    Again. How much do you think will be generated by obama's tax increase on 'the rich'?
    Here you go:

    Tax Cuts For Wealthy Americans Cost Treasury $11.6 Million Every Hour

    One whole hell of a lot more than getting rid of big bird!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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

    Quote Originally Posted by 274ina View Post
    With Obamas figures, a small amount to help nearly balance the budget. And still they refuse to pay this
    TINY amount.

    They need to be taxed 80% untill debt is $2B.
    And when they send their money overseas to avoid that wholly unfair tax, what do your do?

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

    Quote Originally Posted by Catawba View Post
    Here you go:

    Tax Cuts For Wealthy Americans Cost Treasury $11.6 Million Every Hour

    One whole hell of a lot more than getting rid of big bird!
    Tax cuts cost nothing. We didn't get into debt by not taxing enough. We got here by spending too much.

    From your link:
    If the U.S. reverted to Clinton-era marginal tax rates, the U.S. Treasury would net an additional $72 billion annually,
    With deficits in excess of $1 TRILLION annually, $72 billion wouldn't make a dent.
    Last edited by keymanjim; 12-06-12 at 09:44 PM.

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

    Quote Originally Posted by keymanjim View Post
    Tax cuts cost nothing.
    That is such an idiotic notion, its no wonder the conservatives lost the election!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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

    Quote Originally Posted by Catawba View Post
    That is such an idiotic notion, its no wonder the conservatives lost the election!
    Massive voter fraud and taxpayer funded handouts had much more to do wit that.
    But, that's a topic for another thread.

    Feel free to explain how not taxing enough got us into debt without mentioning spending.

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