Page 6 of 95 FirstFirst ... 456781656 ... LastLast
Results 51 to 60 of 947

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

  1. #51
    Gradualist

    Join Date
    Apr 2011
    Last Seen
    09-25-17 @ 12:48 PM
    Lean
    Socialist
    Posts
    34,949
    Blog Entries
    6

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

    Quote Originally Posted by Conservative View Post
    No, you just bought the Obama rhetoric and believe govt. is the answer. Govt. hasn't provided the incentive for businesses to grow and create jobs but then again I have seen you don't understand incentive, even your own. "Your" President and your economic model are disasters and the problems seems to be you can never accept responsibility for your own failures.
    We moved away form tickle down economics?


  2. #52
    Educator SocialDemocrat's Avatar
    Join Date
    Jun 2014
    Location
    The beautiful Pacific Northwest
    Last Seen
    05-18-16 @ 04:30 PM
    Lean
    Socialist
    Posts
    922

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

    Quote Originally Posted by Conservative View Post
    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.
    You're viewing all taxes as the same. You would have an argument if you were arguing for a lower corporate income tax, because it gives corporations more money to allocate towards hiring new employees, but even in that case, it's debatable as to whether or not corporations would choose to invest into new employees. With Capital Gains, there's no reason to suggest that a lower tax is going to guarantee job creation.
    Social democrat is no longer an accurate description of my views.

  3. #53
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 05:10 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    181,701

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

    Quote Originally Posted by TheDemSocialist View Post
    Raising taxes should of been done a long time ago.
    only on those who want more government



  4. #54
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 04:13 PM
    Gender
    Lean
    Conservative
    Posts
    68,330

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

    Quote Originally Posted by TheDemSocialist View Post
    We moved away form tickle down economics?
    Yes, liberalism and socialists don't like incentive and the private sector at all. There is a reason that the United States has the greatest economy in the world that Obama is trying to change. it is the private sector not big govt. and wealth redistribution

  5. #55
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 04:13 PM
    Gender
    Lean
    Conservative
    Posts
    68,330

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

    Quote Originally Posted by SocialDemocrat View Post
    You're viewing all taxes as the same. You would have an argument if you were arguing for a lower corporate income tax, because it gives corporations more money to allocate towards hiring new employees, but even in that case, it's debatable as to whether or not corporations would choose to invest into new employees. With Capital Gains, there's no reason to suggest that a lower tax is going to guarantee job creation.
    Lower taxes gives businesses a choice, higher taxes take that private sector choice away. Which do you prefer?

  6. #56
    Sage

    Join Date
    Dec 2011
    Location
    Florida
    Last Seen
    Today @ 04:12 PM
    Gender
    Lean
    Liberal
    Posts
    23,816

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

    Quote Originally Posted by SlevinKelevra View Post
    Benefitting those with a higher Marginal propensity to consume usually helps a consumer driven economy
    Benefitting the vast majority who spend ALL or nearly all their income in the economy helps consumer spending far more than coddling the 1% who spend a small % of their incomes. Taxing income NOT spent at a higher rate is the best way to boost growth. Taxing high income earners more does not change their spending habits only their deposits in hedge funds.

  7. #57
    Professor
    Baralis's Avatar
    Join Date
    May 2009
    Location
    MO
    Last Seen
    12-28-17 @ 08:08 PM
    Gender
    Lean
    Independent
    Posts
    2,394
    Blog Entries
    1

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

    Quote Originally Posted by Blue_State View Post
    You could probably guess, but I believe they have taxed us enough. I am also on the side that we should not be taxed by the Federal Government. Only the state. Unfortunately, that is never going away.
    It seems we are on the same side of that issue.

    Quote Originally Posted by SlevinKelevra View Post
    how in the world would this function?
    Until 1861 the US had no federal income tax. Essentially the states payed into the federal government to fund federal services. Once the federal government began taxing on a federal level you will notice two things happened. First the Federal government could now self fund federal expansion which has lead to massive growth on the Federal level while diminishing states powers. Secondly the Federal government now uses its self printed money to financially manipulate state programs. Federal money is promised to fund state programs that the federal government wishes to be put in place. Our elected officials sure seem to have a hard time turning away "free" money regardless of the strings attached.

  8. #58
    Educator SocialDemocrat's Avatar
    Join Date
    Jun 2014
    Location
    The beautiful Pacific Northwest
    Last Seen
    05-18-16 @ 04:30 PM
    Lean
    Socialist
    Posts
    922

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

    Quote Originally Posted by Conservative View Post
    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.
    How am I supposed to guess what you think the role of the federal government should be? Just tell me what you're getting at.
    Social democrat is no longer an accurate description of my views.

  9. #59
    Sage

    Join Date
    Dec 2011
    Location
    Florida
    Last Seen
    Today @ 04:12 PM
    Gender
    Lean
    Liberal
    Posts
    23,816

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

    Quote Originally Posted by Conservative View Post
    Lower taxes gives businesses a choice, higher taxes take that private sector choice away. Which do you prefer?
    We have already seen the choices the 1% made when we lowered their taxes. Outsource or keep our employee wages low so we can sock more money away for ourselves. Now that the tax rates are so reasonable, why share the prosperity with others? Raise them back and they might make a different choice. It's amazing how generous people can become with money when their choice is either share it with their employees or give it to the Govt.
    Last edited by iguanaman; 01-18-15 at 06:47 PM.

  10. #60
    Educator SocialDemocrat's Avatar
    Join Date
    Jun 2014
    Location
    The beautiful Pacific Northwest
    Last Seen
    05-18-16 @ 04:30 PM
    Lean
    Socialist
    Posts
    922

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

    Quote Originally Posted by Conservative View Post
    Lower taxes gives businesses a choice, higher taxes take that private sector choice away. Which do you prefer?
    I don't support a corporate income tax, as it's a relatively inefficient form of taxation, IMO. So you do admit that there is no guarantee that lower taxes will create jobs. Personally I support everyone having a right to a job in a (near) full employment economy, which actually guarantees the reduction of unemployment.
    Social democrat is no longer an accurate description of my views.

Page 6 of 95 FirstFirst ... 456781656 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •