Page 57 of 76 FirstFirst ... 747555657585967 ... LastLast
Results 561 to 570 of 758

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

  1. #561
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

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

    Quote Originally Posted by Grant View Post
    That's an opinion piece. Why npt speak for yourself and tell me what you were promised?

    Perhaps there are other factors at play here such as too much government spending, 9/11 and its consequences, and so on.

    If you feel that high taxes are the way to prosperity let's hear your case.

    I told you above, the Republicans said that the loss of revenue would be made up for increased jobs thus more revenue, all boats would rise.

    Where are the jobs from over a decade of tax cuts for the wealthy? Where is the increased revenue from over a decade of tax cuts for the wealthy?


    A consumer economy can only work when consumers have jobs and enough of the country's wealth to be consumers. Trickle down economics has concentrated too much of the country's wealth and income at the top so that the economy cannot prosper. The working class are painfully aware of this, even if you are not.
    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

  2. #562
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 12:49 PM
    Lean
    Undisclosed
    Posts
    89,648

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

    Quote Originally Posted by j-mac View Post
    So then what is different from going off the cliff then?
    The cliff scenario does not include several important provisions of what I am advocating. The FICA tax for one. In addition it targets spending that I would not target. Its treatment of the estate tax is also different. In addition, All American earning dollar one would still not be taxed under the return to the pre-Bush I rates.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  3. #563
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 12:49 PM
    Lean
    Undisclosed
    Posts
    89,648

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

    Quote Originally Posted by OpportunityCost View Post
    The goal is to get some republicans to bolt on the issue of raising taxes at all.
    It fractures the ability of republican leaders to keep their caucus together on issues and votes.
    I was not aware that a political party or caucus has to function as a goose stepping unit with only one mind, one opinion and one purpose.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  4. #564
    Sage
    Fletch's Avatar
    Join Date
    Feb 2012
    Location
    Mentor Ohio
    Last Seen
    12-07-17 @ 07:30 PM
    Gender
    Lean
    Libertarian
    Posts
    15,266

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

    Quote Originally Posted by TaraAnne View Post
    Turtle reply to everything is your stupid because I disagree with you with nothing to back it up!
    You know, if you are going to call someone else stupid, you really should do so in an intelligently constructed sentence. As it stands, it seems your credentials for making such an insult are simply 'it takes one to know one.'

  5. #565
    Sage
    OpportunityCost's Avatar
    Join Date
    Jan 2011
    Last Seen
    Yesterday @ 09:11 PM
    Gender
    Lean
    Conservative
    Posts
    16,719

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

    Quote Originally Posted by haymarket View Post
    I was not aware that a political party or caucus has to function as a goose stepping unit with only one mind, one opinion and one purpose.
    If you are going to make nazism innuendos, you can butt right out of the thread. If you have something less stupid to post, please do so.

  6. #566
    Sage
    Fletch's Avatar
    Join Date
    Feb 2012
    Location
    Mentor Ohio
    Last Seen
    12-07-17 @ 07:30 PM
    Gender
    Lean
    Libertarian
    Posts
    15,266

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

    Quote Originally Posted by Catawba View Post
    I told you above, the Republicans said that the loss of revenue would be made up for increased jobs thus more revenue, all boats would rise.

    Where are the jobs from over a decade of tax cuts for the wealthy? Where is the increased revenue from over a decade of tax cuts for the wealthy?


    A consumer economy can only work when consumers have jobs and enough of the country's wealth to be consumers. Trickle down economics has concentrated too much of the country's wealth and income at the top so that the economy cannot prosper. The working class are painfully aware of this, even if you are not.
    That is just political rhetoric. Explain how an $80 billion tax increase on the rich addresses economic disparity or dents the deficit. It does neither. The majority of the Bush tax cuts went to the middle class by a factor of about 4 to 5 times. The nations debt and deficit are not due to the rich paying too little, but because the middle class has demanded more from the state than they are willing to pay for. The only way you could make a rational argument for the rich paying more is to demonstrate that the rich use a disproportionate amount of government services. What percentage of Medicaid do they use? Food stamps? AFDC? Social Security? If the top 2% use less than 2% of any of these (and similar) services, they are OVERPAYING. The truth is, what you are after is redistribution--the direct taking of the property of some for the express purpose of giving it to someone else. Or, theft as it is otherwise known.

  7. #567
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    12-08-17 @ 03:46 PM
    Gender
    Lean
    Conservative
    Posts
    30,272

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

    From what I see sadly in this whole Kabuki dance is that neither side of the isle is approaching this seriously. It really is like a bunch of over grown children squabbling over licking the mixing spoon while the cookies are baking.

    The progressives say that its all those evil rich's fault, that we should treat their earnings like it is a part of some mythical pool of money that they stole. It really is childish.

    The problems we have in this country are highlighted by the laughable "deal" that spelled out not only double the tax revenue that was originally agreed upon, but an increase in spending in the form of more stimulus, and cuts that the WH said would be talked about later, and the kicker "No guarantees", and oh btw, he wants congress to give up a power reserved to the congress by the constitution and give him the ability to increase the debt ceiling without going to the people.

    WHAT A FREAKING JOKE!!!

    This isn't about getting a deal for progressive demo's, it never was. It is about humiliating repubs. Breaking them. Fracturing them to the point where they go the way of the whigs. Demo's want an unobstructed path to governmental control for decades. And with weak ass repub leaders, and politicians not listening to the people and do what will get this economy going are going to feel their wrath election after election if they let buffoons like Durbin, and Pelosi eat their lunch.

    The lie is so prevalent on the demo side of this that they are fine with going over this cliff, and turning the screws on repubs when they are down solely for sadistic maneuver that they hope will do something that has never been the case in the history of our country, and that is that ultimately the President won't get the blame for the painful economic times that are assured as we go forward.

    It's cynical, it's hyperpolitical, it's ultimately a lie.

    Where is the President's, and demo's plan? Where is the leadership? What about a budget from the Senate? How can America believe that we will have any prosperity in the future if we don't start refusing the narrative of the MSM, and those voices of opportunity in anarcho-socialists that see a path for them to gain a foothold in American politics by defecating on police cars, and screaming for their debt to be wiped out from mom's basement, as they blog, and declare that an entry level job is beneath them.

    Come on people....We have to decide what we want....Do we want America as a representative republic? Or, are we to allow Franklin's prophecy to come to pass and no longer keep our form of government, only to morph into a model of a Euro Socialist quasi welfare state that we see failing and them running from, as we step on the gas to get to....

    I am disgusted.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  8. #568
    Banned
    Join Date
    Jan 2010
    Location
    Canada, Costa Rica
    Last Seen
    05-16-16 @ 09:45 AM
    Gender
    Lean
    Independent
    Posts
    31,645

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

    Quote Originally Posted by Catawba View Post
    I told you above, the Republicans said that the loss of revenue would be made up for increased jobs thus more revenue, all boats would rise.

    Where are the jobs from over a decade of tax cuts for the wealthy? Where is the increased revenue from over a decade of tax cuts for the wealthy?


    A consumer economy can only work when consumers have jobs and enough of the country's wealth to be consumers. Trickle down economics has concentrated too much of the country's wealth and income at the top so that the economy cannot prosper. The working class are painfully aware of this, even if you are not.
    If you have been told that just cutting taxes will result in a strong economy you probably weren't listening to the entire message.

    You cannot have a strong economy with a big government, with increasing spending and ever higher debts along with astounding daily interest on that debt. It cannot be done. Any country needs responsible government in order to succeed with balanced budgets and responsible spending.

    Instead Americans appear to have picked their teams and stick to that no matter what. This is not the behavior of a responsible citizenry and thus the country is failing. It will not stop until it crashes.

  9. #569
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

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

    Quote Originally Posted by Fletch View Post
    That is just political rhetoric. Explain how an $80 billion tax increase on the rich addresses economic disparity or dents the deficit. It does neither. The majority of the Bush tax cuts went to the middle class by a factor of about 4 to 5 times. The nations debt and deficit are not due to the rich paying too little, but because the middle class has demanded more from the state than they are willing to pay for. The only way you could make a rational argument for the rich paying more is to demonstrate that the rich use a disproportionate amount of government services. What percentage of Medicaid do they use? Food stamps? AFDC? Social Security? If the top 2% use less than 2% of any of these (and similar) services, they are OVERPAYING. The truth is, what you are after is redistribution--the direct taking of the property of some for the express purpose of giving it to someone else. Or, theft as it is otherwise known.
    The tax cuts benefited the rich most.

    "The average tax cut that people making over $1 million received exceeded $110,000 in each of the last nine years"
    Bush Tax Cuts Have Provided Extremely Large Benefits to Wealthiest Americans Over Last Nine Years — Center on Budget and Policy Priorities

    Letting tax cuts expire the wealthy benefited from while money was being taken from SS to fight their war in Iraq, will provide repayment of that debt.
    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

  10. #570
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    12-08-17 @ 03:46 PM
    Gender
    Lean
    Conservative
    Posts
    30,272

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

    Quote Originally Posted by Catawba View Post
    The tax cuts benefited the rich most.

    "The average tax cut that people making over $1 million received exceeded $110,000 in each of the last nine years"
    Bush Tax Cuts Have Provided Extremely Large Benefits to Wealthiest Americans Over Last Nine Years — Center on Budget and Policy Priorities

    Letting tax cuts expire the wealthy benefited from while money was being taken from SS to fight their war in Iraq, will provide repayment of that debt.

    How many times can you pull from that well....We heard that the benefit of ending the war in Iraq was to help pay for the APA, you can't use the supposed savings from that endlessly for everything. Raising those taxes (which will be done ultimately) will only raise $40 billion per year. Within the President's proposal as put forth by Geithner, has in it a new stimulus of $50 billion in the first year not only wiping out the revenue from this proposed hike on the 'rich', but increases spending.....The supposed 'cuts' in this are proposed as to be talked about 'later, with no guarantees'....This is Lucy and the football all over again.

    Spending is the problem, and using some mythical savings from a war that is not being prosecuted anymore is disingenuous from the jump.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

Page 57 of 76 FirstFirst ... 747555657585967 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •