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Thread: Obama to call for new tax increases in State of the Union address

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by Declan View Post
    I would be more than happy to cut our military in half, but that is not the issue of the thread, taxes are. Put a flat corporate tax in place sufficient to cover the government budgetary needs, and eliminate the personal tax system altogether, including the EIT, for all I care. I am more than capable of becoming significantly wealthier than I am. My bills get paid and will realistically always be paid on my current trajectory. I just prefer the free time over the money. I am bohemian like that.
    Of course you would because you believe it is the role of the FEDERAL GOVT. to provide for those social problems in your community. If you cut the military in half down to 400 billion dollars you would still have a deficit. What next?

    Govt. budgetary needs? What exactly would those be? Do you have any idea what the line items in the budget are? Did you know that we have an 18.2 trillion dollar debt today and debt service is the fourth largest budget item? Do you even know what your taxes fund? You want to eliminate the payroll taxes which fund SS and Medicare? Ok, think that will pass?

    You don't seem to truly understand the role of the Federal Govt or what your taxes fund. Suggest you do some better research

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by SlevinKelevra View Post
    So you're unaware that within the margin of polling error, he is right now equal with Reagan and LBJ, better than Bush2, better than Truman, and worse than only Ike and Bill Clinton among modern Presidents?


    Also, you're unaware that popularity =/= approval?
    I'm very well aware of the fact that he's about as unpopular as it is possible for him to be. And I know full well that the pinko left is NOT happy with his performance. They just can't actually SAY it. The fact that the left, which has remarkable solidarity, has abandoned him to the point they have speaks volumes. Let's face it. Where that thrill running up the pinko legs are concerned, the truth is....... The thrill is gone.... Sing it with me now....





    He just wants the thrill to come back.
    You can't reason anyone out of a position they didn't reason themselves into in the first place.

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by Thrilla View Post
    ..

    taxing , at the federal level, removes the money from the economy.

    Tax revenues from the rich are not transferred to the poor or middle class in any shape ,form ,or fashion.

    If Obamas desire is for the middle class to keep more of their money in the economy, he simply needs to cut their taxes...
    cutting the tax on the middle class I get...but I'm not understanding what he thinks the benefit of raising the taxes on the rich is supposed to be....economically speaking, his actions make no sense.

    Politically speaking, I get it...but econonically?...nope..no sense at all.
    We can't cut middle class taxes without paying for it. That is the reason for raising the capital gains rate. Cutting taxes without paying for it is how we got into large deficit spending. To keep revenue the same we need to get it from somewhere. Do you think we should increase our deficit or raise taxes on unspent income? It is not about politics or the lame "war on the wealthy" meme it is about economic reality. If we want to increase consumer spending and GDP growth without increasing our deficit we need to leave more income to those that spend it all and make it up from those that don't. It is not rocket science and such a plan benefits all. The wealthy get higher profits from increased sales and the rest of us get a better life.
    Last edited by iguanaman; 01-19-15 at 01:27 PM.

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by SlevinKelevra View Post
    why is it people like you use (oooh scary) big #'s like "3.9 Trillion" without putting them in context? Do you have a 35 year history of decrying that federal spending at 20% of GDP? Or, is this pseudo-outrage somehow timed magically to a convenient say... the last 6 years only?
    You want context? In 1965 our budget was 250 billion dollars with 175 million people, today Obama is proposing a 3.9 trillion dollar budget for 312 million Americans. You don't seem to comprehend context or the true role of the Federal Govt. You want Federal Spending to be 20% of the GDP, Why? Do you realize that the GDP of this country includes federal spending? Most of the GDP however is generated by the private sector and the states so why should the Federal Govt. even spend close to 20%?

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by ChezC3 View Post
    For what reason? Boehner bends over for him at will...
    Obama's and Boehners negotiating style is similar. They make a nice couple.

    Both are willing to create the appearance that they are pushing for what the extremists desire (more or less pretending to be puppets to appease the extremists), and both are smart enough to realize that the controlling parties will not ultimately allow any extremist positions to actually become policy. So once their pretend efforts failed, they are able to get more or less what they really wanted to begin with.

    An example of Obama doing this is when he was proposing that we don't extend the Bush tax cuts for the top two income brackets, then he settled with not extending the cuts for just the top bracket. An example of Boenher doing this is when he spearheaded the government shut down a couple of years ago, and then as the republican party was getting the blame for the shutdown, he said "OK, we fought the good fight, it's not working, so we give".

    At least that's the way I see things.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by TerryOfromCA View Post
    Good post. Those who complain about the super rich are almost always those who have not exhibited the single-minded drive to become super-rich themselves. They are usually people with mediocre grades, who don't try to excel, maybe even smoke a doobie every now and then, and then snivel when purpose-driven success-oriented people get rich. Its sheer envy and sniveling.

    Then idiots like Obama come along and want to punish such single-minded, driven, success-oriented people so he can give free phones to bums and buy the votes of the lazy and the mediocre. It is decidedly UN-American
    Quote Originally Posted by SlevinKelevra View Post
    You spelled Reagan wrong

    Stupid.


    Quote Originally Posted by imagep View Post
    . . . . Yet job growth seemed to be picking up, the closer we got to the employer mandate. . . . .
    Correction: Part time job growth. - - Under Obama around 85% of jobs that have been created for the last six years are part time. They do not contribute to revenue since they pay too little, and they cannot support a family. Obamacare is the killer of GOOD jobs that families need.

  7. #247
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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by AmericanSpartan View Post
    That is not an income tax, nor was it far reaching and abused on daily bias.
    1.)the income tax is not the only way to "redistribute wealth"
    2.)"levied a tax from the wages of sailors" and it gave them healthcare!!! Oh my god! socialism!


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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by Conservative View Post
    You want context? In 1965 our budget was 250 billion dollars with 175 million people, today Obama is proposing a 3.9 trillion dollar budget for 312 million Americans. You don't seem to comprehend context or the true role of the Federal Govt. You want Federal Spending to be 20% of the GDP, Why? Do you realize that the GDP of this country includes federal spending? Most of the GDP however is generated by the private sector and the states so why should the Federal Govt. even spend close to 20%?

    In 1965 a new car cost around $2500. In 2015 it costs around $20000

    Inflation, ever heard of it? People who attended school past the 4th grade usually analyze these things in either constant year $s, or in % of gdp. Maybe you can try as well.





    Now with that said, do you also like making #'s up?
    Historical Tables | The White House

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by Conservative View Post
    Of course you would because you believe it is the role of the FEDERAL GOVT. to provide for those social problems in your community. If you cut the military in half down to 400 billion dollars you would still have a deficit. What next?

    Govt. budgetary needs? What exactly would those be? Do you have any idea what the line items in the budget are? Did you know that we have an 18.2 trillion dollar debt today and debt service is the fourth largest budget item? Do you even know what your taxes fund? You want to eliminate the payroll taxes which fund SS and Medicare? Ok, think that will pass?

    You don't seem to truly understand the role of the Federal Govt or what your taxes fund. Suggest you do some better research
    Eliminate the department of transportation and I am running surpluses. What exactly are you willing to eliminate and how would you pay for the difference?

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by Papa bull View Post
    I'm very well aware of the fact that he's about as unpopular as it is possible for him to be.
    Reality disagrees with you.
    Last edited by SlevinKelevra; 01-19-15 at 01:24 PM. Reason: didn't finish snipping irrelevant portion of quote

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