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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 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.
    The Huff Post? With all the corrections on the bottom?

    You should be very suspicious when anyone tries to tell you that taxes are calculated by the hour. That is not the way it works.

    Also, tax cuts are not a cost.

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

    Quote Originally Posted by Catawba View Post
    The majority of people already agree. That's enough!
    Interesting.So if a majority of people believe something then it becomes true?

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

    Quote Originally Posted by Catawba View Post
    The majority of people already agree. That's enough!
    Where's that link?

    A majority of people agreed with Lenin, too. Didn't make them right...did it?
    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.

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

    Quote Originally Posted by Catawba View Post
    The majority of people already agree. That's enough!
    Yeah, and we have been thru this before. Which you were already shown about that majority and how it is actually viewed, and thru which means. Or did you forget that part already? I mean it was only 4 or 5 pages back.

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

    Quote Originally Posted by apdst View Post
    Where's that link?

    A majority of people agreed with Lenin, too. Didn't make them right...did it?
    Hitler and Mussolini had a lot of cred with the masses in their day too.

    Perhaps some people just don't think through the consequences of their beliefs.

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

    Quote Originally Posted by Grant View Post
    The Huff Post? With all the corrections on the bottom?

    You should be very suspicious when anyone tries to tell you that taxes are calculated by the hour. That is not the way it works.

    Also, tax cuts are not a cost.


    Its math, you should try it sometime!

    Some history: The temporary tax cuts were given to the rich because the case was made they would create jobs. It was felt the loss in revenue from the tax cuts would be made up by increased jobs. That was the theory. What we found out was the rich took those tax cuts and moved American jobs overseas.

    Therefore, there is no reason to continue the tax cuts for the rich, especially since that revenue is needed to repay SS for the money taken it so the rich could continue to enjoy their tax cuts.
    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
    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
    The problem there is taxes should have never been lowered in the first place. The Bush Tax cut is one of the biggest drivers of the national debt. They were a bad idea then bad idea now. Had those tax cuts not happened we would not be having this discussion at all. In my previous post I have clearly stated that all taxes should go up. You want to point out that the government spends to much yet over the last 10 years what party was largely in control of that spending it was not the Dems. That lays at the feet of Republicans and you can go back to the Reagan years for that. The debt problem was created by republican idealist that tried it and even now try to say it working lol.


    More Evidence: Supply-Side, Trickle-Down Economics Doesn't Work | Decisions Based on Evidence

    Please take a look at this link and it is pretty clear what Republicans pushed for it was not the middle class that caused the problems it was the rich welfare that caused the problems. The Republicans bought it hook line and sinker. To this day they are still trying pass this off as fact.
    Last edited by TaraAnne; 12-07-12 at 07:50 PM.

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

    Quote Originally Posted by apdst View Post
    Where's that link?

    Take a peek at who we elected our leader!
    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 apdst View Post
    Where's that link?

    A majority of people agreed with Lenin, too. Didn't make them right...did it?
    Quote Originally Posted by MMC View Post

    Republicans and Democrats have sharply different reactions to the government's taking such an active role in equalizing economic outcomes. Seven in 10 Democrats believe the government should levy taxes on the rich to redistribute wealth, while an equal proportion of Republicans believe it should not. The slight majority of independents oppose this policy.

    Bottom Line

    While a solid majority of Americans, 57%, believe money and wealth in the U.S. should be more evenly distributed among the people, fewer than half favor using the federal tax code to do so. The fault line in these views is distinctly partisan, with most Democrats championing redistribution and most Republicans opposing it......snip~


    U would think they might have been able to figure out the majorities. Rather than just throw all into one lump sum and say the majority favors this or that. Again What don't they get that the majority doesn't favor using the Federal Tax Code to do it.

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

    Quote Originally Posted by Grant View Post
    Interesting.So if a majority of people believe something then it becomes true?
    Would you like me to provide you a link to learn how decisions are made in a democracy?
    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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