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

  1. #31
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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, we all know that the govt. needs the money more than the people who earned it in the first place, right?
    Been waiting for that wealth to "trickle down" for about 25+ years. Whens it gonna happen?


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

    Quote Originally Posted by SocialDemocrat View Post
    And a lower capital gains tax is going to create jobs how exactly?



    Given that what you are arguing for is precisely economic liberalism, I'm curious as to why you've included liberalism in this list.
    Incentive, my socialist friend, something you don't seem to understand. Investment comes from risk taking and the more incentive to invest(lower taxes) the more investment capital generated thus long term growth and job creation.

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

    Quote Originally Posted by SocialDemocrat View Post
    Viewing "government spending" as one entity when there are so many good and bad aspects as to what the federal government does seems like quite an oversimplification of the situation.
    So tell me why we need 50 state and thousands of local governments requiring their tax structure along with a 3.9 trillion dollar Federal Govt? Seems you haven't learned the roles of the various governments we have or what the taxes you pay fund. Not surprised, a lot of people don't understand it either. Why don't you find out the role of the Federal govt. and get back to me. Hint, it has nothing to do with police, fire, teachers, local roads, highways, and bridges.

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

    Quote Originally Posted by TheDemSocialist View Post
    Been waiting for that wealth to "trickle down" for about 25+ years. Whens it gonna happen?
    Not surprising, most socialists wouldn't understand trickle down when it bites the in the ass. Do you have a job? Does that job create additional opportunity for you or educational training? That my friend is part of trickle down, getting a job, learning from that job, and then going out on your own to make your own wealth. Try doing it without the job first

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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
    Not surprising, most socialists wouldn't understand trickle down when it bites the in the ass. Do you have a job? Does that job create additional opportunity for you or educational training? That my friend is part of trickle down, getting a job, learning from that job, and then going out on your own to make your own wealth. Try doing it without the job first
    Getting a job and working is not part of trickle down economics....

    But hey, let me know when its gonna trickle down..


  6. #36
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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
    Obama to call for new tax increases in State of the Union address | Fox News

    Let's here it Obama supporters how does taxing the rich benefit the U.S. economy and how much money is going to be generated to fund the liberal spending appetite?

    Class warfare is never going to solve the problems we face in this country and what ever happened to incentive to create more upper class individuals? Growing up I always strove to generate enough money to pay for a family that I hoped to have and fund charities that I want to support. My education process taught me the value of hard work and the desire to succeed. What happened to that philosophy in today's world? Why is it the Federal Government's role to tell the private sector where to spend its own money and on what?


    As in Ecclesiastes, there is a time to raise taxes, and a time to cut taxes.....

    This is the time to cut taxes.

    The United States has been through an economic ordeal the likes of which most alive today have never experienced. The has been pain, hardship and deprivation.

    The economy is on a slow, sometimes stalling, lugubrious uphill improvement, but there is little confidence in the economy generally, and especially in the US where recovery has been the slowest. The most successful governments right now are cutting taxes, although the oil price wars have given Canada's rookie finance minister pause, withholding a budget until May. Which is when we are likely to be headed to the polls.

    This too is a political move, let's face it $320 billion over ten years is peanuts. It's not going to affect anything without cost cutting. Historically, governments who increase taxes and don't cut costs, or at least politicians salaries tend to get fired. Which is the point here.

    Obama will never run for office ever again. This is a political shot across the bow, another "amnesty ruse" to wave the proverbial red cape at the Republican bull.

    The centerpiece of the president's tax proposal is an increase in the capital gains and dividends rate on couples making more than $500,000 per year to 28 percent, the same level as under President Ronald Reagan. The top capital gains rate has already been raised from 15 percent to 23.8 percent during Obama's presidency.
    The trap is set.

    Any objection from the right and "Bush did it too!" will be "Reagan started it!"

    Barrack Hussein is a genius at one thing....propaganda. He IS the best
    ""You know, when we sell to other countries, even if they're allies -- you never know about an ally. An ally can turn."
    Donald Trump, 11/23/17

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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
    Taking tax dollars from anyone today to the extent this govt. does it doesn't benefit anyone. We need about a 1.5 trillion dollar or less federal govt. and every dollar going to the Federal Govt. should go for Constitutional requirements which is for defense, judicial, health and human services, and that is about it.


    No. You see socialists see it this way....Taxes good! More taxes better. More higher taxes best.

    To them, there is no such thing as a free economy, it does not exist. To them, the nation is a family where when you need the latest in fashion you get dad to go to the bank.

    That's it.
    ""You know, when we sell to other countries, even if they're allies -- you never know about an ally. An ally can turn."
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  8. #38
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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by Fearandloathing View Post
    As in Ecclesiastes, there is a time to raise taxes, and a time to cut taxes.....

    This is the time to cut taxes.

    The United States has been through an economic ordeal the likes of which most alive today have never experienced. The has been pain, hardship and deprivation.

    The economy is on a slow, sometimes stalling, lugubrious uphill improvement, but there is little confidence in the economy generally, and especially in the US where recovery has been the slowest. The most successful governments right now are cutting taxes, although the oil price wars have given Canada's rookie finance minister pause, withholding a budget until May. Which is when we are likely to be headed to the polls.

    This too is a political move, let's face it $320 billion over ten years is peanuts. It's not going to affect anything without cost cutting. Historically, governments who increase taxes and don't cut costs, or at least politicians salaries tend to get fired. Which is the point here.

    Obama will never run for office ever again. This is a political shot across the bow, another "amnesty ruse" to wave the proverbial red cape at the Republican bull.



    The trap is set.

    Any objection from the right and "Bush did it too!" will be "Reagan started it!"

    Barrack Hussein is a genius at one thing....propaganda. He IS the best
    How is that an example of "propaganda" from Obama?
    Freedom of speech is not freedom from criticism.

  9. #39
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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
    how in the world would this function?
    Like it prior to the federal government taxing us.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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

    Quote Originally Posted by KevinKohler View Post
    Nothing is being added with the increased taxes on wealthier people...no extra services, etc...that money will go, presumably, to shore up loses incurred by lowering taxes on less wealthy people.
    The president has just announced a new program. Community college. Programs cost money, he needs to get it from somewhere.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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