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

YOU can call it anything you want. But, that fact is that it's the truth.

Only if the words fact and truth have lost all actual meaning and stand for bull ****!
 
More than with tax cuts. But we do need to raise taxes and cut spending. Perhaps once the posturing stops, they'll get to work.
I disagree. Tax cuts = more employment = more people paying taxes = MORE revenue. Raising tax rates only raises revenue briefly until it's negative effect on the economy brings about the opposite effect.
 
Only if the words fact and truth have lost all actual meaning and stand for bull ****!

With obama occupying the office then you are probably correct.
However, his lower qualification was approved before the election.
 
if dems really believed the bs they spewed they would demand that everyone pay more taxes

See, that's stupid. Some people live hand to mouth, and already are too poor to get by. What kind of idiot would try to get more money from them? They're already perpetually in the red.
 
See, that's stupid. Some people live hand to mouth, and already are too poor to get by. What kind of idiot would try to get more money from them? They're already perpetually in the red.

Pay day loan shops.
 
Obama is playing politics with the lives of us Americans he supposedly is in office to do good things for. His statement that he will not sign a bill that does not raise taxes on the rich proves he is more interested in destroying Republicans than he is in leading us out of this horrible economy. If Reps can find a way to meet his dollar requirements through closing loop holes the rich use then there should be a deal. What obama wants though is to weaken Reps with their base by forcing them to break their pledge not to raise taxes or to go over the cliff and blame it on Reps in order to turn the general public against them. Obama just may drag us into another recession, possibly


"President Obama today declared there would be no deal to avert the looming fiscal cliff unless Republicans agree to raise rates on the top 2 percent of income-earners."

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

Obama made it clear what he wanted, and it is what most of the country wants. OF COURSE the republicans are being weakened, because they want to cut ss and Medicare while allowing the rich to continue to enjoy the lowest tax rates in a very long time. They still don't understand why they lost.
 
See, that's stupid. Some people live hand to mouth, and already are too poor to get by. What kind of idiot would try to get more money from them? They're already perpetually in the red.

People making $70K a year do not live hand to mouth except to the extent that they put their wants ahead of their needs and yet we are now going to be subsidizing their health insurance because they are downtrodden. What the Obama apologists do not get is that we could do more for the truly poor if we would stop this kind of nonsense that people who make that much money cannot afford to pay any more taxes and have to have subsidized insurance. It is an absolute atrocity what some seniors must live on, but we cannot do anything about it because the left is too damn busy buying votes and less busy trying to enact policies that make sense that would allow us to do more for the real poor or the truly disabled.
 
Obama made it clear what he wanted, and it is what most of the country wants.

Just because the rest of the country wants it doesn't mean it's the correct course of action. Just look at the last election.
Exactly how much do you think would be generated buy obama's tax increase on 'the rich'?
 
The GOP cannot SPECIFICALLY say HOW they are going to raise revenue without raising taxes. They gave a vague statement with no substance. Likewise, the Dems need to compromise and show specific cuts and not just to defense.

Are people finally starting to see how the two sides are failing or are there still those out there that feel "their" side is the good guys and the other is the bad guy?

That's exactly right.........
 
Just because the rest of the country wants it doesn't mean it's the correct course of action. Just look at the last election.
Exactly how much do you think would be generated buy obama's tax increase on 'the rich'?

65 billion.
 
so why was a plan that raised similar amounts of revenues rejected? why should no one else pay higher taxes but the 2%. If the revenue is that needed taxing only 2% of the voters more appears to be based on politics rather than truly a desire to raise more revenue.

Taxing that particular group is the low-hanging fruit; it produces the greatest deficit reducing impact (in this case revenue) with the least economic consequence of any single move that government can do...
 
Obama is playing politics with the lives of us Americans he supposedly is in office to do good things for. His statement that he will not sign a bill that does not raise taxes on the rich proves he is more interested in destroying Republicans than he is in leading us out of this horrible economy.

Now you can argue whether or not the President has a mandate, he did make if very clear that his approach to deficit reduction was to allow the so-called Bush tax cuts to expire and cut taxes on all except for incomes over $250K (in essence, continuing tax cuts on all but incomes over $250K). Romney had an approach which included raising revenues by cutting loopholes and rates. Each of these were centerpieces of their respective campaigns.

If my recollection of history is correct, Obama won and Romney lost. Hence, the Obama approach has been validated by a majority of American voters. The road has been paved to increase tax rates on incomes over $250K. These things considered, the Republicans dragging their feet trying to introduce legislation that looks more like Romney's rejected plan than Obama's endorsed plan means they are the one's playing politics.

It is also the reason the Con will be blamed if we drive off this so-called "cliff:

Poll: GOP to get more blame than Obama if fiscal cliff talks fail – CNN Political Ticker - CNN.com Blogs



If Reps can find a way to meet his dollar requirements through closing loop holes the rich use then there should be a deal. What obama wants though is to weaken Reps with their base by forcing them to break their pledge not to raise taxes or to go over the cliff and blame it on Reps in order to turn the general public against them. Obama just may drag us into another recession, possibly even a new depression.


"President Obama today declared there would be no deal to avert the looming fiscal cliff unless Republicans agree to raise rates on the top 2 percent of income-earners."

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

The Cons were in denial about election tracking polls and remained in denial up to and through all networks (including Fox) declaring Obama won.... What we see from the Republican leadership is that they remain in their alternative reality...

It seems to me Obama's first move should be to send the Space Shuttle up to pick up the Republican leadership.
 
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Obama made it clear what he wanted, and it is what most of the country wants. OF COURSE the republicans are being weakened, because they want to cut ss and Medicare while allowing the rich to continue to enjoy the lowest tax rates in a very long time. They still don't understand why they lost.

50% isn't, "most".
 
Not enough revenue will be raised by this method.

Yes. The thing that both parties need to admit-- and stop posturing over-- is that everyone needs to pay more taxes and that everyone is going to be hurt by the kinds of spending cuts we need. Austerity sucks, but it's the price we pay for decades of reckless spending.
 
Taxing that particular group is the low-hanging fruit; it produces the greatest deficit reducing impact (in this case revenue) with the least economic consequence of any single move that government can do...

you are completely wrong.

the only way to rein in the spending is to make government spending distasteful to a majority of the voters. as long as most voters aren't facing increased taxes when the government spends more and more, they will continue to vote for big spending politicians
 
See, that's stupid. Some people live hand to mouth, and already are too poor to get by. What kind of idiot would try to get more money from them? They're already perpetually in the red.

LOL, you think 98% of the country live like that. and you say my post was stupid? most people can pay more taxes. The only reason why only the top 2% are targeted is they don't have many votes
 
Taxing that particular group is the low-hanging fruit; it produces the greatest deficit reducing impact (in this case revenue) with the least economic consequence of any single move that government can do...

If fully funding the federal gov't for 8 days is "the most" that they can do via taxation increases, then there is much more to discuss. Don't you agree? That is what this "fuss" in DC is about.
 
you are completely wrong.

the only way to rein in the spending is to make government spending distasteful to a majority of the voters. as long as most voters aren't facing increased taxes when the government spends more and more, they will continue to vote for big spending politicians

Of course Obama is doing exactly the opposite, making more and more dependent upon it for their very existance. Yes he can!
 
Or, you know, the President is being realistic and facing the stone cold fact that we can't balance the budget without raising taxes.

Fine, how much is he going to raise or cut to balance it next year? Not enough of either is the answer.

Have you faced the stone cold fact that he has not just no plan, but no intention to get even close to balancing the budget for even his next term?
 
I disagree. Tax cuts = more employment = more people paying taxes = MORE revenue. Raising tax rates only raises revenue briefly until it's negative effect on the economy brings about the opposite effect.

Really? Then why haven't the Bush tax cuts given MORE employment instead of less? You do realize we were shedding a **** load of jobs even WITH the Bush tax cuts.
 
Yes. The thing that both parties need to admit-- and stop posturing over-- is that everyone needs to pay more taxes and that everyone is going to be hurt by the kinds of spending cuts we need. Austerity sucks, but it's the price we pay for decades of reckless spending.

And you think the majoirty of the population is going to "vote" for austerity measures or is going to vote in people that will implement austerity measures?

Not saying you are incorrect, however, it's simply not going to happen. The people will demand first that government stop spending on lavish things like dinners, travel, etc. before the people will ever agree to austerity measures.
 
Fine, how much is he going to raise or cut to balance it next year? Not enough of either is the answer.

Have you faced the stone cold fact that he has not just no plan, but no intention to get even close to balancing the budget for even his next term?

Have you faced the stone cold fact that NEITHER side has a real plan nor do they have any intention on getting close to balancing the budget? Yet people keep voting Dem/Rep. Both sides have failed and continue to fail, yet the sheeple huddle around their collective brand of stupidity.
 
Yet again without SPECIFICS on HOW, the GOPs rhetoric of what they "might" do or how much revenue it will bing in is meaningless.

When the GOP comes up with specifics then I think Obama should listen. And that goes for Obama also coming to terms that spending cuts with the Dems sacred cows need to happen.

Obama himself said it could be done.

"Turns out that President Obama once backed the idea of raising more government revenue by closing tax loopholes rather than by raising tax rates.""

"Congressional Republicans are flagging this Obama comment from 2011: "What we said was give us $1.2 trillion in additional revenues, which could be accomplished without hiking taxes -- tax rates -- but could simply be accomplished by eliminating loopholes, eliminating some deductions and engaging in a tax reform process that could have lowered rates generally while broadening the base."
 
Obama himself said it could be done.

"Turns out that President Obama once backed the idea of raising more government revenue by closing tax loopholes rather than by raising tax rates.""

"Congressional Republicans are flagging this Obama comment from 2011: "What we said was give us $1.2 trillion in additional revenues, which could be accomplished without hiking taxes -- tax rates -- but could simply be accomplished by eliminating loopholes, eliminating some deductions and engaging in a tax reform process that could have lowered rates generally while broadening the base."

Ok, here is what you are not understanding. I don't care if Obama "said" it could be done and I don't really care if the GOP "says" it can be done, WITHOUT SPECIFICS ON HOW, IT'S JUST RHETORIC. Now do you understand or do you just "believe" it can be done like the rest?

I'm not saying Obama is not to blame, he is. I'm also pointing out the GOP is doing EXACTLY what they have complained about the Dems doing. ALL talk and no specifics on HOW. They just want you to "believe" it can be done without saying HOW it can be done. Sorry, I'm not buying it from ANY side.

EDIT: BTW sawyerloggingon, when Obama was saying this, the GOP and the conseratives didn't believe him. So now, why is it when the GOP are saying the SAME thing, all of a sudden you believe it?
 
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Obama made it clear what he wanted, and it is what most of the country wants. OF COURSE the republicans are being weakened, because they want to cut ss and Medicare while allowing the rich to continue to enjoy the lowest tax rates in a very long time. They still don't understand why they lost.

Yet we clearly Understand that in losing. That it doesn't mean those that won.....have Any clue as to How to Govern a Country. Nor should they be given the fullest cooperation to let them.

35% is the Low? Let me ask you. If you were paying 35% and footing most of the bill for the Country. Would you want you tax rate to go up to 39.5 %? Clearly you must not have been listening to Ryan's Plan. As they want to make those two Entitlements 100% viable.

What do you got to say now about he Demos going after teachers and City, State, Pension Reforms? Do you think the Left then can say it was the Right that Destroyed the unions? Has the left figured that part out about. City, State, and Fed Government Workers being allowed to have a Union, when they are there to serve the people?

Also do you think it means something when those that voted for both Candidates had less people voting for them than the Election last time around and even in 2010? Looks like the Majority of the Country. Decided to not vote! Now I wonder why that is.....huh?
 
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