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

  1. #601
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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by haymarket View Post
    Which proved you wrong. Sorry I took so long getting back but I had myself a nice warm slice of cinnamon pie.

    Here is the recipe

    Ingredients

    Pastry

    2 cups Gold Medal™ all-purpose flour
    1 teaspoon salt
    2/3 cup plus 2 tablespoons shortening
    4 to 6 tablespoons cold water

    Filling

    1/3 to 1/2 cup sugar
    1/4 cup Gold Medal™ all-purpose flour
    1/2 teaspoon ground cinnamon
    1/2 teaspoon ground nutmeg
    1/8 teaspoon salt
    8 cups thinly sliced peeled tart apples (8 medium)
    2 tablespoons butter or margarine
    Nice.

    I thought I'd add something. Consider it a gift in return for the recipe.

    Estate tax in the United States - Wikipedia, the free encyclopedia

    The term "death tax"[edit]

    The caption for section 303 of the Internal Revenue Code of 1954, enacted on August 16, 1954, refers to estate taxes, inheritance taxes, legacy taxes and succession taxes imposed because of the death of an individual as "death taxes." That wording remains in the caption of the Internal Revenue Code of 1986, as amended

    I mean, I don't know exactly how old Luntz is, or even the Dr. Death Tax guy is, but I'm going to guess they weren't involved in writing, approving, and printing the IRS Code of 1954. Of course, again, there is that Egyptian thing. Love to see the hieroglyphics that spell out DEATH TAXES. That would be interested.

    Do you have a recipe for humble pie? I'm thinking you might want to whip some up and enjoy the freedom humility brings to the soul.

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

    A tax increase on the wealthy is going to hurt everybody, but there are so many who buy into this class warfare. This is what the Marxists started in Russia to rid the country of the Czars. Obama says the tax increase is helping the middle class. That is an oxymoron because in Marxist terms, the term for middle class was bourgeoisie, which stood for the capitalist class, those individuals, who had the money and the means of production. Obama says he wants only to tax the wealthy, but he is also attacking the middle class. Don't believe a word that Obama reads from his teleprompter.

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

    NIMBY;1064218000]How much of that added debt was due to interest on the previous total accumulated debt?
    Why did the GOP and TEA party walk away from Sen. Coburn's Back-in-Black plan, not to mention sabotaging the Grand Bargain?
    I'm sure you agree we'd have a balanced budget by now without those 2 GOP/TEAs holding Boehner back.
    I have no idea what the Back in Black program is nor do I care. You think Obama gives a damn about balancing the budget? Name for me one liberal that supports that? You and all liberals haven't seen a dollar that you didn't want to spend. It isn't about balancing the budget as it is about creating strong economic results.

    How does that number compare to the highest level of unemployment, at 10.4%
    I have posted the charts but obviously you ignored them Obama's numbers are more than Double any other President in history and when you add discouraged workers and the under employed to the unemployed you get Obama's true results which are why he lost the Congress


    Which the GOP is now taking credit for.
    Where is the GOP Taking credit for the Obama economy? You live in your own little dream world

    A direct effect from your party's Great recession.
    So tell me what exactly did the Democrat Controlled Congress do to prevent the recession and what did they do to get us out of that recession? You spout the DNC talking points quite well. How do you know this was a worse recession than 81-82? Oh, I know, the DNC told you so? I lived and worked during both and there is no comparison to the affects of both recessions and the recoveries. It was Reagan leadership and the Reagan stimulus that got us out of the 81-82 recession quite quickly. Obama doesn't have a clue and is an incredibly poor leader

    Still the lame Gruber insult.
    If the shoe fits, wear it

    Until a GOP is President with the same or lower numbers .
    You and your ilk are addicted to govt. spending and dependence

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

    Quote Originally Posted by Gimmesometruth View Post
    But....the fact is.....Con is wrong, GDP gain was not "mostly govt spending"..whether or not you believe the graph showed it or not (and it did, gdp gains happened in spite of flattening govt spending).

    Move on, your "point" is lost.
    I am discussing the use of a pointless graph, I'm not taking a stand. If that graph is what you are going by then you aren't making your point.
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

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

    Quote Originally Posted by NIMBY View Post
    So now I'm a Socialist and a Liberal.

    I have to get ready to coach a wrestling meet this evening--a most conservative community of coaches and parents.
    Think Congressman Jim Jordan of Ohio.

    I'll catch up with you later after the SOTU and the GOP spinsters .
    Won't be watching, couldn't care less what this incompetent says and know most will be lies anyway

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

    Quote Originally Posted by NIMBY View Post
    As soon as all folks are required to do as you are advising me to do, I'm game.

    And just know that I'm for means-testing of all public pensions, not a very popular position in my circles.
    Again, until all one million retirees in Illinois don't get COLA for a few years, we don't save billions which are being cut from education right now.

    Why are you against closing tax loopholes for yourself, the rich ?
    Why? because I don't believe that any dollars should go to the Federal Govt. until they clean up their mess and stop lying to the American people. I am for all Americans keeping more of what they earn thus needing less govt. Why do you have a problem with that?

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

    Quote Originally Posted by Gimmesometruth View Post
    But....the fact is.....Con is wrong, GDP gain was not "mostly govt spending"..whether or not you believe the graph showed it or not (and it did, gdp gains happened in spite of flattening govt spending).

    Move on, your "point" is lost.
    Why don't you post the GDP numbers by component showing the growth. Cannot wait to see you prove me wrong. BEA.gov. has the data

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

    Quote Originally Posted by pbrauer View Post
    Japan’s 2-Decade Experiment with Fiscal Austerity


    ...
    Fiscal austerity did not begin immediately, but “Japan’s experiment with Keynesian-style public works programmes” ended in 1997. The public works programs did not promote a significant recovery, but in the six years from 1992 to 1997, real GDP at least managed to grow at a feeble 1.3% annual rate. But in the two years after austerity began — public works spending being cut back and the consumption tax raised, real GDP fell by 2.1% (1998) and 0.1% (1999). Despite fiscal austerity after 1997, the budgetary situation steadily deteriorated, government outlays rising as percentage of GDP while tax revenues are 5% lower as a percentage of GDP than in 1988 when the consumption tax was introduced.

    ...
    LOL !!

    10 separate stimulus packages equating to 100 Trillion dollars in Stimulus is austerity ?

    Their 3 following stimulus packages plus massive monetary stimulus equates to " austerity " ?

    The have a debt to GDP ratio of over 200 percent.

    WHAT AUSTERITY ??

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

    Quote Originally Posted by Fenton View Post
    LOL !!

    10 separate stimulus packages equating to 100 Trillion dollars in Stimulus is austerity ?

    Their 3 following stimulus packages plus massive monetary stimulus equates to " austerity " ?

    The have a debt to GDP ratio of over 200 percent.

    WHAT AUSTERITY ??
    LMAO, 100 Trillion????


  10. #610
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    Re: Obama to call for new tax increases in State of the Union address

    Rich people won't invest less just because their long-term capital gains tax rate is the same as their income tax rate.

    But I would like to see the extra funds be used for deficit reduction.

    Any additional funds for existing or new programs should come through reductions in military/entitlement spending or cost-saving measures there and elsewhere.

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