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Thread: Obama to propose 'grand bargain' on corporate tax rate, infrastructure

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    Re: Obama to propose 'grand bargain' on corporate tax rate, infrastructure

    Quote Originally Posted by Ikari View Post
    Too big to fail, mega subsidies, lax regulation (strippers and cocaine for big oil refineries), etc.

    Don't know why so many people rally against the free market these days.
    TARP was a loan, the private sector segment of that loan paid it back, that isn't a subsidy. Where are regulations in the line item of the budgets. Do you even know what a subsidy is? Most are businesses keeping more of what they earn and not getting a check back from the bank. The only cash subsidies I am aware of are to farmers and then again Obama green energy sources.

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    Re: Obama to propose 'grand bargain' on corporate tax rate, infrastructure

    Quote Originally Posted by Conservative View Post
    Mother Jones? come on, give me Treasury Data and not something from Mother Jones. Define Democrat and Republican controlled years in control. Republicans didn't Control Congress until 1994 and did so for 6 years. We had a divided Congress 2001-2003, Republican Control 2004-2006 and Democrat Controlled 2007-2010

    Not sure why you believe Mother Jones other than that is what you want to believe. Mother Jones is a leftwing partisan site that wouldn't know the truth if it bit the site in the ass.
    RepContrl. Note the reference credit.

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    Re: Obama to propose 'grand bargain' on corporate tax rate, infrastructure

    Sisyphus;1062129101]Obviously, we do not all require welfare payments, thankfully. But handouts come in many forms, mainly in getting stuff we like from government, without actually paying for it. For example, businesses rely on a lot of stuff: educated workforce; infrastructure; government funded research; cheap access to natural resources they sell back to us at a huge markup; etc. In fact, it's been suggested by more than a few economists that over half of government spending is in direct support of businesses. And once was a time business carried about half the tax burden. But not any more; they've gotten it down to less than 20%, placing 80% of the burden onto individuals. So it seems one investment is really paying off: lobbying expense.
    So the fact that Obama has proposed a 3.77 trillion dollar budget means that all those things you mentioned are justified. You think it is the Government's role to educate people and by the way do you have any idea where funding comes for education? Hint, not the Dept of Education. I suggest you find out what your taxes actually were created to fund and where that money is now going. None of what you listed are direct subsidies to private business but rather perceived responsibilities of the federal govt. mostly by liberals who support those programs.

    You have no idea what it costs to extract natural resources out of the ground or what the royalties paid to the govt. for those resources. Nor do you understand the tax revenue the govt. gets out of those resources once refined and sold to the consumers.

    Now consider Individual handouts. Federal outlays divided by the population is round about $13 grand, per. Add a spouse and a newborn, and the stuff being bought by the Federal Government on ya'll behalf (wars, fences on border, cool space toys by NASA, Interstate highways to see the grand parents on holidays, etc, etc.) is round about $39 grand. Business should in aggregate, be picking up half that tab. So really, the citizen-benefit stuff for your happy little family of three is nearer to $19.5 grand, annually. But if merely a schmuck making a median income, the amount of Federal Taxes they pay is maybe $3 grand. So they get a lot of stuff for free (handouts). $16.5 Grand in handouts, even if you don't drive or care about border security ... maybe your employer relies on that stuff, and it's why you have a job. Tough to say for sure. But chances are a median wage earner cares more about Interstates and airline security, etc, than some schmuck getting $200 / month in food aid and living in poverty, ergo not traveling much. It's all relative.
    a little off track here as I asked you to show me the line items in the budget that support the claims of subsidies to businesses. You have offered none.

    To clarify, I have 2 kids and a couple ex-spouses. But let's say the "ex" means it's only me and my two kids; $39 Grand a year. And in truth, I've hovered around $25 to $30 grand in Federal Income Taxes, going back a decade or two. So I've been getting handouts a plenty, too. In fact we all have, since we get stuff the Government has to borrow to pay for.
    Loans are not handouts, they are loans being paid back. Everything you get you pay for in some form or another thus it isn't a handout unless of course you get welfare payments from the taxpayers and with your tax burden that doesn't seem to be the case. My point will always be until people like you stop supporting the expansion of the Federal Govt. and proposals like the 3.77 trillion dollar Obama budget not much is ever going to change but the debt and that is going to destroy us.

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    Re: Obama to propose 'grand bargain' on corporate tax rate, infrastructure

    Does ANYONE here have a reason to be 'for' or 'against' what is about to be proposed, beyond who is proposing it? And you are calling out politicians for being suck up political hacks?

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    Re: Obama to propose 'grand bargain' on corporate tax rate, infrastructure

    Quote Originally Posted by Conservative View Post
    Mother Jones? come on, give me Treasury Data and not something from Mother Jones. Define Democrat and Republican controlled years in control. Republicans didn't Control Congress until 1994 and did so for 6 years. We had a divided Congress 2001-2003, Republican Control 2004-2006 and Democrat Controlled 2007-2010

    Not sure why you believe Mother Jones other than that is what you want to believe. Mother Jones is a leftwing partisan site that wouldn't know the truth if it bit the site in the ass.
    Meanwhile, the source referenced for the MJ commentary is here: The Politics of Social Policy in America: The Causes and Effects of Indirect Versus Direct Social Spending by Christopher G. Faricy :: SSRN

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    Re: Obama to propose 'grand bargain' on corporate tax rate, infrastructure

    Quote Originally Posted by Sisyphus View Post
    Drive on roads? Get electricity off the grid? Live safely within our borders? Use the Internet? Government buys a lot, and unless you're single and paying ~$13 grand in FIT annually, you're getting a lot without having to pay for it.

    Drive on roads, Yes, and you pay for it when you buy gasoline.
    Get electricity, yes, and you pay for it.
    Live safely within our borders is a responsibility defined in the Constitution.
    Use the internet, Yes, and you pay for it

    I pay for everything I get from the govt. and so do you. I pay Federal, state, and local taxes on everything I purchase, don't you?

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    Re: Obama to propose 'grand bargain' on corporate tax rate, infrastructure

    Quote Originally Posted by Henrin View Post
    Why would I use idiot in place of douchebag? Calling obama an idiot does nothing to describe his over inflated sense of self worth nor does it describe his complete lack of self awareness. All it does is describe his lack of intelligence and while it's true he isn't all that bright, it does nothing to describe his other shortcomings. Sorry, but idiot does not work as a substitute for douchebag.

    You're free to think whatever you want on why people oppose Obama, but it's probably wise to take note of the sharp differences between people like Obama and his opposition.
    not much here to respond to, as usual, but you're right, he's not very bright, is he? If he was, he'd be doing what you do all day.

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    Re: Obama to propose 'grand bargain' on corporate tax rate, infrastructure

    Quote Originally Posted by Sisyphus View Post
    RepContrl. Note the reference credit.
    I am waiting for your definition of Congressional control and the periods covered. There was no Republican Control of Congress until 1994

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    Re: Obama to propose 'grand bargain' on corporate tax rate, infrastructure

    Quote Originally Posted by apdst View Post
    I was perfectly happy before, watching you people worship Dear Leader.
    now that's almost as weird as your shoe fetish ...

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    Re: Obama to propose 'grand bargain' on corporate tax rate, infrastructure

    Quote Originally Posted by Sisyphus View Post
    The sources that matter are the U.S. Treasury Data and I don't see that referenced. Someone has tried to prove that a Democrat controlled Congress is more fiscally responsible than a Republican controlled Congress and that has yet to be proven because the data is questionable at best.

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