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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 Grant View Post
    The very real problem is why so many Americans went along with it. Do they really and sincerely believe that taxing the rich will make a difference?

    Yes! $11.6 million dollars an hour difference, to be exact. That's enough to repay SS for the money borrowed from it and keep it solvent for 75 years!!!!
    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
    Yes! $11.6 million dollars an hour difference, to be exact. That's enough to repay SS for the money borrowed from it and keep it solvent for 75 years!!!!
    To be exact?

    Where does this figure originate and how does it fit in with the annual trillion dollar plus spending?

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

    Quote Originally Posted by TaraAnne View Post
    Taxes are lower than they have ever been sorry that will not pass the sniff testb either.
    how is that relevant to the fact that the government spends way way too much

    and the poor and middle class are paying less of the tax burden and less taxes than at any time in the last 60 years. Yet Obunny only thinks the top two percent should be forced to pay higher taxes to a wasteful government

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

    Quote Originally Posted by minnie616 View Post
    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.



    read more:

    How Will The Expiring Bush Tax Cuts Affect You? - Forbes.com
    you seem to forget Obunny wants to increase the tax burden only on the rich because he wants the indolent middle class and others who aren't paying for what they use to maintain those tax cut rates

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

    Quote Originally Posted by Boo Radley View Post
    I invest in people daily. You?
    I do too-that's why I have been given numerous awards as a coach and teacher. that in addition to many other volunteer activities

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

    Quote Originally Posted by minnie616 View Post
    Those Obamacare taxes are mostly pentalty taxes will will only effect a very small percentage of people who earn less $250,000.
    Another fact you and Forbes seem to ignore is that the money saved by having health insurance will most likely save the tax payers more on health care than the penalty taxes they pay out.
    why does Obunny want to constantly jack up taxes on those of us who already pay a lion's share of the taxes? the Obama care imposes a 25% increase on investment taxes for those of us who are in the top 2%

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

    Quote Originally Posted by Grant View Post
    To be exact?

    Where does this figure originate and how does it fit in with the annual trillion dollar plus spending?

    A figure of speech.

    It originates from a report from the National Priorities Project.
    Tax Cuts For Wealthy Americans Cost Treasury $11.6 Million Every Hour: Report

    As noted in the thread above, it is but one of the measures that will be required to help reduce the deficit without cutting back on funds owed to SS.
    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 TurtleDude View Post
    why does Obunny want to constantly jack up taxes on those of us who already pay a lion's share of the taxes?
    Because the President, like most of the rest of us, is smart enough to know that we have to reduce the deficit without cutting back on repayment of the funding we borrowed from SS. One of the best, and most fair ways to do that is to let the 4% tax cut for the wealthy expire. As determined by the CBO and our experience in the 90's show us, this will have little effect on the economy. Letting the tax cuts for the middle class expire on the other hand, is expected to throw us into another recession.

    This is not a hard concept for most people.
    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
    A figure of speech.

    It originates from a report from the National Priorities Project.
    Tax Cuts For Wealthy Americans Cost Treasury $11.6 Million Every Hour: Report

    As noted in the thread above, it is but one of the measures that will be required to help reduce the deficit without cutting back on funds owed to SS.
    IOW, it's just BS that you expect people to believe?
    Quote Originally Posted by americanwoman View Post
    So there is absolutely no evidence this woman, whom you called a slut, did this but you are ready to take someone's word as evidence. Guess you don't think witch hunts have to end when it's going after the certain people.

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

    Quote Originally Posted by apdst View Post
    IOW, it's just BS that you expect people to believe?
    The majority of people already agree. That's enough!
    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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