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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

    Quote Originally Posted by Blue_State View Post
    I got it, only Republican's racked up debt. Great point and partisan.

    The mess is not a joke...we are in deep. If it were a joke, Spain and Greece would be having a party right now.

    Ok, Social Security is off the table. Not sure what that has to do with my point of not having a unlimited debt ceiling.

    Sure, cut the president and congresses pay and benefits. I don't care.

    Getting spending under control is a must, but let me put it this way. The debt ceiling is a check and balance. Taking that away from Congress could be disasterous. Removing the check and balance is a safety, keep it in place. I am sure that for my lifetime, our national debt will not go down. So tying it to a percentage of the GDP gives a real deficit to income ratio that I think I could be ok with. It would also take these constant debates about the debt ceiling off the table.
    Because the debt ceiling has nothing to do with spending. That has to do with paying the bills. I do recall the House has the check book. You do not seem to understand the concept of the debt ceiling. Plus being a Republican idea I just figured the right would be all for it. Yes I do blame the Republicans for a majority of the debt. The problem with Spain, and Greece is austarity which is what Ryan proposed in his budget all the while letting the wealthy off scott free.

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

    Quote Originally Posted by OpportunityCost View Post
    In the last 30 years the government has been taking 14% greater amount implemented as taxes visible on your paycheck. That may explain some of it. Id have to dig to find the info on which ones were raised by which amount and which were added but I can assure you that are you being taxed on your paycheck at a greater amount than people were in the past.
    Taxes are lower than they have ever been sorry that will not pass the sniff testb either.

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

    Quote Originally Posted by TaraAnne View Post
    Because the debt ceiling has nothing to do with spending. That has to do with paying the bills. I do recall the House has the check book. You do not seem to understand the concept of the debt ceiling. Plus being a Republican idea I just figured the right would be all for it. Yes I do blame the Republicans for a majority of the debt. The problem with Spain, and Greece is austarity which is what Ryan proposed in his budget all the while letting the wealthy off scott free.
    The debt ceiling is the tool so we can pay the bills, but we have to many bills.

    This is like telling a fat person their problem is they don't have enough food.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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

    Quote Originally Posted by TaraAnne View Post
    No the bottom line is 30 years ago Republicans started the Redistribute Wealth, How else can you explain stagnant wages for the middle class over that time period while the top has reaped a windfall off the back of middle class Americans. You want to talk about class warfare that an debate that Republicans will lose on.

    http://www.politico.com/story/2012/1...lthy-84675.htm

    61% are in favor of raising the tax on the rich that is a strong majority. The sad part is Republicans still have their head in the sand and most still think trickle down economics works.
    It's real simple.....the Progressives began back in the 1900's. Took Root in the 30's and we are not talking about Teddy Roosevelt's Progressives. Course realizing that the left has Controlled what was over 2/3rds of this Nations Economy with California being in the Top 5 in the World and now dropped to 8th. Does distinctly put it on the Democrats. That would be Chicago Illinois, L.A. California, New York, Detroit, Baltimore......U can catch the drift.

    All one needs do is look at those Keynesian Economics played out in Chicago, L.A. and Detroit, Baltimore, New York.....huh? Actually out of 300 Worldwide cities and with the US having the Most 76 and not one of them recovering last year or the year before. Pretty much says it all about the Democrats and their ridiculous spending and waste. Even moreso since Obama declared the Recession over in 2009. The net result.....huh?

    WASHINGTON (Reuters) - Retailers moving into old downtown buildings, an abundance of freshly planted greenspaces, and a stream of new jobs in Knoxville, Tennessee, are all signs to Mayor Madeline Rogero that for the last year prosperity has been blooming in her city.

    Knoxville is a member of a very small club. Three and a half years since the 2007-09 economic recession ended, only three major U.S. metropolitan areas are experiencing an economic recovery, according to the Brookings Institution. <<<<<

    The Washington-based research group has also deemed Dallas and Pittsburgh in recovery after analyzing their employment levels and gross domestic product per capita.

    The United States has the most major metropolitan economies of all countries - 76 - according to an annual report on the 300 largest metropolitan economies worldwide that Brookings released on Friday.

    "It was still better than last year when the U.S. had no metro recoveries," Brookings Associate Fellow Emilia Istrate said.

    "People always want to know what metros are recovering, what they are doing, so they can replicate it. There is no single industry that can help, but there is an industrial structure that can help you grow year to year," she said. "More and more metropolitan areas are looking at the export sector, at foreign investors, at infrastructure."

    Any improvements could take a while to impact budgets, said Christy McFarland, who researches fiscal issues for the National League of Cities.....snip~

    When the Right has had no Control. Can they be blamed for over 60 - 75 yrs of failed Keynesian Economics that never worked. Course the reality of the last 4 years is quite different especially with all of those 76 cities. Do you think being last on the list 4 years Prior helped the these three? Other than Dallas that is.

  5. #375
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by TaraAnne View Post
    No the Democratic Party did win and win big. I am sure you watched Fox News and how they said for weeks that it was in the bag for Romney. Then wegot to laugh at Rove and his deer in the headlight moment. Republicans keep attacking middle America they will lose big 2014. Especcially if they tie the wagon to the looney teabaggers
    They didn't win big, we're right where we were prior to the election. Looks like Obama has problems in the Senate.

    White House Swats Away McConnell's Suggestion
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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

    Quote Originally Posted by TurtleDude View Post
    the Obunny position is patently dishonest

    as others have noted, Obunny's state of the union early this year claimed that everyone but the rich sacrifices when government spending is cut-but the rich will have to pay more taxes. Meaning the rich don't benefit from government services so why should they pay even more for stuff they don't benefit from

    the fact is its pure pandering to class envy. and the obama slurpers who whine that this point is repetitive fail to acknowledge that the tax the rich nonsense is the same old crap over and over and over
    That's why I put up all those other taxes to show how they was going to get hit. They still can't figure it out. Nor even that Obama is going against what Bowles Simpson said. Moreover the Smoke and Mirrors over the Fiscal Cliff. None of anything would even begin to take effect until after the first quarter.

    So again the Debt Ceiling issue is far more the sticking point and making sure Obama doesn't expand that Executive Power.

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

    Quote Originally Posted by OpportunityCost View Post
    So youre saying we have the funds to meet the liabilities inherent in SS right now? According to every economist Ive read, including Krugman, we do not.

    Those things would be the taxes you described---you being obtuse deliberately?
    The SS is meeting all of its obligations, is solvent, and will be so through 2036 at current rates. Very small change would be required to keep it so for another century. You haven't read anything from Krugman saying otherwise.

    The point is that it and Medicare are self funded through FICA, so your "2/3 of spending" or whatever .....is covered. They are NOT contributors to the debt....and ACTUALLY....since the doubling of the FICA rates by none other than Saint Ronnie at the the behest of of Saint Greenspan, it has created a surplus that has been used in the general funding of govt.....which is another fact that you cons ALWAYS forget about when you whine about "half not paying federal income taxes".

    PS...here is some Krugman for you:


    “ [T]here is a long-run financing problem. But it's a problem of modest size. The [CBO] report finds that extending the life of the Trust Fund into the 22nd century, with no change in benefits, would require additional revenues equal to only 0.54 percent of G.D.P. That's less than 3 percent of federal spending — less than we're currently spending in Iraq. And it's only about one-quarter of the revenue lost each year because of President Bush's tax cuts — roughly equal to the fraction of those cuts that goes to people with incomes over $500,000 a year. Given these numbers, it's not at all hard to come up with fiscal packages that would secure the retirement program, with no major changes, for generations to come."

    http://www.nytimes.com/2004/12/07/op...539&sq=&st=nyt
    Last edited by Gimmesometruth; 12-07-12 at 09:24 AM.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  8. #378
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by ttwtt78640 View Post
    For you and I, that actually look into "alternative" news/views, that makes a difference. For far too many that is not even considered. Many think that what ever the late night comedy entertainers offers is "news". If you ever catch a peek at "Waters world" (on Fox newws), or other "man on the street" interviews, it is truely scary what people "know" about the current events, much less history.
    I understand what you are trying to say, but that falls on the person, not the media. All I'm trying to say is alternative views are out there, so I don't think one side has an edge anymore simply because of the availability of BOTH sides. Back in 70s and 80s it could very well be argued that the left-leaning media had the edge, but in an internet, satellite radio, talk-radio, and cable television era I just don't see that edge.

    It's the people's concious decision to watch the media they choose to and it's not because of the edge of the media IMO.

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    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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

    Quote Originally Posted by American View Post
    Because they don't believe in raising taxes.
    But letting the Bush tax cuts expire is NOT raising taxes.
    It is just allowing a temporary tax cut to expire.

    When the Bush tax cuts were first passed they were temporay cuts and had a "sunset" attached to them.

    Many of these tax cuts were enacted with sunset provisions, meaning they were embedded with predetermined expiration dates, many of which are coming up in 2011 and 2012. These sunset provisions were placed in the tax laws in some cases to garner enough legislative support to get the bills passed, or to get around rules that existed on cutting revenue without passing an offsetting spending cut.

    read more:

    How Will The Expiring Bush Tax Cuts Affect You? - Forbes.com
    When it comes to matters of reproduce health, Politicians and the religious dogma of another faith should never interfere with religious liberty of an individual or her faith.

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