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

  1. #701
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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by j-mac View Post
    Do you think this country has a lot of waste in the budget?
    Sure, every budget has waste in it.

    But every penny that is wasted, re-enters our private sector economy. It's not like money can only be spent once.

    Now if it was up to me, I would phase out all means tested spending, which is essentially paying people to do nothing, and I would divert that money into infrastructure spending which can improve everyone's lives, and facilitate private sector growth.

    If we had never built the Hoover Damn, LA and Vegas wouldn't be the booming places they are today. If we wouldn't have built our roadways, companies like UPS wouldn't exist. If we didn't have an education work force, many a company wouldn't exist.
    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 Conservative View Post
    Look, I know that 9/11 actually didn't happen and it was drones that took down the WTC and of course all those Dead Americans really are still walking around the Bermuda Triangle but the issue is this, the U.S. Treasury paid for 9/11, paid for the wars in Afghanistan and Iraq with all those expenses in the debt that Obama inherited. there are no wars going on right now, no 9/11 and yet Obama wants to spend 3.9 trillion and liberals here support it. Why do we need a 3.9 trillion dollar budget?
    So Bush had a balanced budget?

    Geesh, I've been lied to again by the your treasury links!
    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 imagep View Post
    That may be true, but it doesn't negate the fact that the federal government spends money on education. Don't pretend that it doesn't, we all know better.


    As for roads, again, only Federal highway maintenance and bridges are funded by the gasoline and motor fuel taxes so the rhetoric sounds great but is just isn't true. Where are all the excise taxes collected since the tax system was established? Are you telling me that more money has gone out for roads and bridges than collected? [.quote]

    I have no clue, but regardless of what type of tax funds infrastructure, federal infrastructure spending still exists.



    What's your point? That the federal government isn't spending much on education? OK, you won and I agree!
    Of course the govt spends money on education, the question is why and what do they spend it on since education is a state and local responsibility? I asked you why we needed a 3.9 trillion dollar budget and you mentioned roads, schools, along with the military. I agree regarding the military but the other expenses are minimal and are a Federal overreach.

    Yes the Federal govt spends on Roads but it collects revenue off the taxes to fund the roads why take more income tax revenue to do that? Income tax revenue has no business funding roads, schools, SS, Medicare, or even health and human services expenses
    Last edited by Conservative; 01-21-15 at 06:48 PM.

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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
    Where the heck do you get that 9/11 is paid for?
    Federal requirements and the debt we have today includes all funding on and off budget. That is a fact and maybe you should do some better research before posting

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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 the govt spends money on education, the question is why and what do they spend it on since education is a state and local responsibility? I asked you why we needed a 3.9 trillion dollar budget and you mentioned roads, schools, along with the military. I agree regarding the military but the other expenses are minimal and are a Federal overreach.

    Yes the Federal govt spends on Roads but it collects revenue off the taxes to fund the roads why take more income tax revenue to do that? Income tax revenue has no business funding roads, schools, SS, Medicare, or even health and human services expenses
    We pay for these things either way.

    My original point was that third world countries don't spend much of this stuff, developed nations do. You don't think that there is any causation behind this correlation?
    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 imagep View Post
    So Bush had a balanced budget?

    Geesh, I've been lied to again by the your treasury links!
    Where does the Treasury show that Bush had a balanced budget and where did I say that? Got you stumped on why we need a 3.9 trillion dollar budget, don't I? I cannot answer it either

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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
    We pay for these things either way.

    My original point was that third world countries don't spend much of this stuff, developed nations do. You don't think that there is any causation behind this correlation?
    Third world countries also don't have 50 sovereign states with their own taxes and revenue stream as well as tax structure. What you don't seem to understand is the more money the Federal Govt. takes from the taxpayers the less money the people of the state to have to spend within the state

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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
    Federal requirements and the debt we have today includes all funding on and off budget. That is a fact and maybe you should do some better research before posting
    BS. The fact is that the debt we have today includes debt for the war on terror, war on poverty, war on drugs, war on damn commies, Richard Nixon's poodle's secret service detail, and everything else. We never pay off the principle on our debt and have not done so in generations. We just refinance the bonds when they come due. All we make is interest only payments and it has been that way since before I was born. Your comment is as devoid of reality as your comments the other adding up to that cutting federal spending by $600B would not eliminate the current deficit.

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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
    Where does the Treasury show that Bush had a balanced budget and where did I say that? Got you stumped on why we need a 3.9 trillion dollar budget, don't I? I cannot answer it either
    You said that 911 was paid for. That implies, that there was no addition to the federal debt during the Bush years.
    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.

  10. #710
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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
    BS. The fact is that the debt we have today includes debt for the war on terror, war on poverty, war on drugs, war on damn commies, Richard Nixon's poodle's secret service detail, and everything else. We never pay off the principle on our debt and have not done so in generations. We just refinance the bonds when they come due. All we make is interest only payments and it has been that way since before I was born. Your comment is as devoid of reality as your comments the other adding up to that cutting federal spending by $600B would not eliminate the current deficit.
    That is absolutely true so what is your point? All those expenses are paid for in the year they happened and part of the yearly deficits which are added to the debt. Here is something that may but probably won't give you information on the deficits and the debt. for your information the fiscal year of the U.S. runs from October to September so reviewing the numbers you will find that Obama inherited a 10.6 trillion dollar debt on January 21, 2009 and it is 18.2 trillion today. It does appear that you don't understand deficits and debt. Let me help you, deficits are yearly(October to September) and debt is the accumulation of deficits. Now I know that people like you are going to blame Bush for the 2009 deficit so if you can show me the budget that Bush signed for 2009 I will agree with you. You aren't going to like seeing the signature on that budget

    I am waiting for you, Mr. Progressive to tell me why we need a 3.9 trillion dollar budget?

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