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

  1. #321
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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
    back when real income of all quintiles experienced upward growth? A terrible idea indeed.
    Regressive in fact.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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

    Quote Originally Posted by imagep View Post
    So what percent of our GDP should government be? If we subtracted SS and Medicare, I think it would be something in the range of 10%.
    Yes, I could live with taxes funding what they were supposed to fund thus a strong military, funding for the VA, funding for the agency to collect the federal tax dollars, Funding for a reduced role of Congress and that would take the budget down to about 1.2 trillion dollars.

  3. #323
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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by imagep View Post
    Once the take home incomes of all income classes are growing by about the same amount, I will be happy with the progressivity of our income tax system.

    Of course I'm not a progressive though.
    If that were the case, taxes wouldn't need to be raised on one segment of society while lowered for others. I certainly wish that to be the case as well, but difficult to see how when part-time jobs are redefined, hours are cut, income goes down and has been for decades - yet taxes and more and more government programs and safety nets are created.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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

    Quote Originally Posted by jet57 View Post
    Where ever do you find such BS? The military is the sole responsibility of the government you say? Who pays for the military?
    Says the Constitution, Read it

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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
    Enjoy moving your goalposts to cover your mistake(s).

    With that said, IF ONLY Obummer had tripled our debt like St Ronald... can you imagine ?
    Yeah, a liberal utopia, tripling the 10.6 trillion debt that Obama inherited vs. the 900 billion that Reagan inherited. You betcha, 1.7 trillion in debt in 8 years vs. 7.6 trillion in 6, obviously the 1.7 is much worse and created much more debt service than the 7.6 trillion, right?

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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
    Do you realize that when Reagan took office the GDP was 2.8 trillion dollars and using percentage ignores the base. When Reagan left office it was 5.6 trillion dollars or double. The higher the base the lower the percentage is going to be except with liberalism as there never is enough spending on the part of the Federal Govt.
    By this very comment, you just called Reagan a liberal and Obama the opposite.

    LMFGDAO. WOW.

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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
    Yeah, a liberal utopia, tripling the 10.6 trillion debt that Obama inherited vs. the 900 billion that Reagan inherited. You betcha, 1.7 trillion in debt in 8 years vs. 7.6 trillion in 6, obviously the 1.7 is much worse and created much more debt service than the 7.6 trillion, right?

    why do you not understand the concept of inflation? the concept of servicing existing debt? the concept of aging populations of retirees? etc?

  8. #328
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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
    Yes, I could live with taxes funding what they were supposed to fund thus a strong military, funding for the VA, funding for the agency to collect the federal tax dollars, Funding for a reduced role of Congress and that would take the budget down to about 1.2 trillion dollars.
    So the VA was part of the original constitution?
    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.

  9. #329
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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 dont care to back your claim.

    This is my lack of surprise
    You apparently cannot figure out the obvious point

    to claim the rich should pay more income taxes you have to establish they use more of the services paid for by their income tax share of 40% and the bottom 50% who pay less then 2% of the income tax use less than 2% of the services

    You know damn well that the bottom 50% are consuming more than 2% of the services and further inquiry is not needed



  10. #330
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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by TurtleDude View Post
    You apparently cannot figure out the obvious point

    to claim the rich should pay more income taxes you have to establish they use more of the services paid for by their income tax share of 40% and the bottom 50% who pay less then 2% of the income tax use less than 2% of the services

    You know damn well that the bottom 50% are consuming more than 2% of the services and further inquiry is not needed


    And YOU KNOW DAMN WELL

    1) income taxes are not the only thing that funds federal spending


    2)- more importantly, I am not talking about blocs of people. YOU said YOU don't get what you pay for.
    I asked for your estimate of the services you use and their $ value. WHY won't YOU answer?

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