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

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

    Quote Originally Posted by iguanaman View Post
    The void I see is the gap between the rich and poor that is widening every day. It has happened before and the result was the Great Depression. The wealthy are blinded by greed and the fools don't realize they are bringing the house down on top of them. Their wealth has to come from somewhere or do you belleve they make it in their basement?







    Wealthiest Americans have 288 times net worth of typical family - Sep. 11, 2012
    A solution in search of a problem. If you think there is an issue then why tax income? You should be going after wealth.
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Catawba View Post
    We have the determination from the CBO that continuing the middle class tax cuts will be more beneficial to the economy than continuing the tax cuts for the wealthy, and we have the 1990's as experience in how that does work. And when we compared that to the failure of trickle down economics, it was an easy decision which way to go.
    Well we see wont we. Once the Wealthy refuse to hire, move their money elsewhere. Then when small business wont hire and cant get loans. We will see who from the left Whines First. Progressives or those who want to call themselves liberals. Then the Democrats will show their true colors. BTW hows that pension reform going. Are you lefties ready to get screwed over by the Demos. That's who is taking on pension reform. Like Mayor Emanuel said. If you don't give up some of those benefits you wont have a pension. <<<<< Waves bye bye to Teachers Pension Benefits City and State Workers benefits while saying tata!

    Don't just luv when a plan comes together. How nieve to think the Progressives who are about wealth distribution would be thinking of lifting the middle class and the poor up from despair. Their focus is not about making sure things are fair. Their focus is only about taking from the rich and wealthy and only for themselves. To take what is not theirs and never was.

    We also had a determination by the CBO that numbers that Team Obama had put out were never Right from the Beginning. Obama says he gave up a trillion in entitlement spending last year. Yet cannot show that Trillion at all. Again he says he will put entitlements on the table. But puts nothing in any deal or writing. So once again straight from Obama himself. Again.....proving that he does not know how to Lead.

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

    Quote Originally Posted by Boo Radley View Post
    Again, the poor really have nothing to tax, and the middle class spends (thus helping the economy). Returning to he pre-Bush tax cuts would hardly be radical. We did quite well with that rate.
    YOu still don't get it. unless the middle class stops demanding more spending the deficit will always grow

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

    Quote Originally Posted by AliHajiSheik View Post
    A solution in search of a problem. If you think there is an issue then why tax income? You should be going after wealth.
    the uber rich see income taxes as a way to preserve their primacy. taxing wealth is something that would justify armed retribution IMHO though. lots of wealth is nothing more than income that has been massively taxed converted to other items and often does not produce income. paying taxes to keep say a painting or jewelry that was bought with income you already paid taxes on is theft and those who would try to implement such things are thieves and should be dealt with accordingly

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

    Quote Originally Posted by Catawba View Post
    We have the determination from the CBO that continuing the middle class tax cuts will be more beneficial to the economy than continuing the tax cuts for the wealthy, and we have the 1990's as experience in how that does work. And when we compared that to the failure of trickle down economics, it was an easy decision which way to go.
    its interesting that the welfare socialists are not calling for spending cuts

    they merely don't like the rich or more likely, their own failure to be rich despite thinking they are smarter and more worthy than the rich, and merely want to punish people who have the wealth these welfare socialists think they themselves should have

    its governmental vandalism that motivates them-if they cannot have something they don't want others to have it.

    this crap about deficit reduction is just that. you all don't want deficit reduction because you want more and more government spending to justify economic vandalism imposed on those more prosperous than you are

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

    Quote Originally Posted by American View Post
    The only purpose for raising tax rates is to damage the Republican Party. There IS no other reason. The last thing on Obama's mind is balancing a budget or paying down the debt.
    How does raising tax rates to Clinton levels on the rich damage the Republican Party?
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by MMC View Post
    Well we see wont we. Once the Wealthy refuse to hire, move their money elsewhere.
    Yep, Just like we saw that didn't happen in the 1990's, as the conservatives used the very same scare tactics then. Didn't happen!
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Catawba View Post
    Yep, Just like we saw that didn't happen in the 1990's, as the conservatives used the very same scare tactics then. Didn't happen!
    But then why was the Demos running around and scaring everybody with Conservatives have their money in offshore accounts? Course you wont be able to get around Small business not getting those loans and hiring. Inflation and the cost of everything going up in the progressives caring ways for the poor and the middle class. But hey as long as they can steal money for themselves.....nothing has ever changed with Progressive Ideology.



    Seems you have the mantra down pretty good......Me, Me, and Me too.

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

    Quote Originally Posted by haymarket View Post
    How does raising tax rates to Clinton levels on the rich damage the Republican Party?
    If it were to stop there you may have a somewhat reasonable argument, even though the 90s were a different time, and the economy was in better shape. But you forget the other end of that equation, at the same time Clinton raised the tax rates, he decimated the military budget, and together with repubs in the house, reformed welfare which Obama through his unelected minions is busy dismantling for the future welfare state.
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Catawba View Post
    Yep, Just like we saw that didn't happen in the 1990's, as the conservatives used the very same scare tactics then. Didn't happen!
    Yep, so repubs in the house should just pass the rate for the middle two rates, and let everything else go up, and when Reid kills it, then let Obama take us over, that is what he wants anyway.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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