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Thread: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

  1. #31
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Dav View Post
    You see, the problem with this is that it does not look at the actual facts.

    Ten Myths About the Bush Tax Cuts



    Additionally:




    We are talking about income taxes here. If people pay for only Medicare and SS, then those are the only things they have a stake in.
    You can quote us charts from every conservative think tank in existence and all their charts and graphs won't change history. Income-Tax cuts for the wealthy do not stimulate job growth, they reduce revenue. We have a history of economic growth with high upper end taxes.

    http://en.wikipedia.org/wiki/Income_...ral_income_tax
    Last edited by NoJingoLingo; 02-11-10 at 10:00 PM.

  2. #32
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by NoJingoLingo View Post
    You can quote us charts from every conservative think tank in existence and all their charts and graphs won't change history. Income-Tax cuts for the wealthy do not stimulate job growth, they reduce revenue. We have a history of economic growth with high upper end taxes.

    Income tax in the United States - Wikipedia, the free encyclopedia
    Well, I'm certainly glad you won't let petty things like facts get in the way of your prejudices.

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Dav View Post
    Well, I'm certainly glad you won't let petty things like facts get in the way of your prejudices.
    So I should now post some charts and graphs from... I don't know, some liberal think tank, that disprove yours and you'll change your position?

  4. #34
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases


  5. #35
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    you see, that's it, right there

    you can argue til eternity about whether tax breaks for the productive class generate or depress tax revenues and you're just not real likely to get much movement, either way

    if, in contrast, you go about things not by saying whether or not obama is wrong minded, errant in his thinking, or not, but instead if you posit the man is completely incompetent, there you get no argument

    the man is completely incompetent

    his entire agenda is DEAD

    health care, cap and trade, reg reform, immigration reform, his formerly ambitious agenda, all pre massachusetts

    since scott brown's truck ran him over, the president's platform is tiny stuff, his bank tax, his debt commission, his second stimulus which he can't call a stimulus

    and they're all, as of today, DEAD too

    wow, this guy is absolutely amazing

    the bank tax was a no go from the get go, the debt commission died the DAY OF STATE OF THE UNION (LOL!) on the senate floor, 53 to 47...

    and TODAY, just this awful afternoon, obama's JOBS BILL (that second STIMULUS), if it didn't outright die, it's real close

    that one's gotta be done in a hurry, and harry just killed baucus-grassley

    Reid kills Baucus-Grassley jobs bill - James Hohmann and Lisa Lerer - POLITICO.com

    poor baucus---max baucus has been the most abused senator i may ever have seen

    that dude worked his butt off for obama on health care, going back to summer

    his "back to the drawing board"

    his "the president's not helping"

    his tortured sessions with doug elmendorf, cbo

    that poor dude, baucus, he must have aged 5 years

    and all he's gotten repaid is grief, guff, gripes...

    angst

    no wonder he was so drunk on the floor last month

    but, yeah, harry holed up the "jobs" bill today...

    politically, huge

    what's left with no agenda?

    what's obtuse obama's foreign policy?

    what's his answer for ahmedinejad?

    almonds and arabica?

    how's he gonna bring around putin and hu?

    when's he gonna close gitmo?

    politico (perhaps the best single source in the nation, foundation of msnbc's awesome morning politics) today has a piece: "left frets over fate of dadt"

    Left frets over fate of 'don't ask' - Jen DiMascio and Glenn Thrush - POLITICO.com

    which, who cares

    except, they're right

    and i sincerely believe YOU need to know it

    obama has no intention of MOVING dadt

    he'll INTRODUCE it

    that's it

    it WON'T move

    and that's what politico and the "left" are learning

    so we have NO ACTION on the LEADERSHIP front

    what remains, then...

    if not all these stunningly stupid utterances:

    i don't begrudge the savvy bankers their bonuses

    i'm agnostic (LOL!) about tax hikes

    iraq is my great achievement

    watch my press secretary do sarah palin shadow puppets with his hands

    while i reach out to republicans to work together to solve problems

    and if they don't come round they're a bunch of f'n ree-tards

    etc

    day after day, it just goes on and on

    how do you all keep a straight face?

    i've been rolling on the floor of my impregnable fortress, drawbridge raised, since summer 08

    party on, progressives

    be proud

    represent

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Scarecrow Akhbar View Post
    How do you repay the money people paid in to wage a war?

    You don't.

    It's pissed away.

    And the reality is that Socialist Security can't be removed with a chainsaw, it will need Death by Pruning, one cut at a time, over years.

    First Step: Tell the people under thirty they're not eligible for Socialist Security and allow them to keep their visible half of the FICA tax they pay. Establish a system so this money can be invested tax-deferred in some kind of IRA, that'll make the smarter ones very happy indeed.

    Next Step: Tell people under fifty and over thirty that they're going to be means-tested for Socialist Security eligibility.

    Then figure out a way to keep it solvent (this means taxes, people, lots and lots of taxes) until the people on the system finally die.

    And hopefully that will be a lesson to all the god damned idiots who think "Progressivism" is superior to freedom.

    OR

    we can watch our government do absolutely nothing, the system implodes and takes the entire economy down with it.
    The money for SS is it paid back of stolen. If paid back do we get the interest also.

    Problem is it can't be paid back because the congress used SS as their personal piggy bank.

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by NoJingoLingo View Post
    You can quote us charts from every conservative think tank in existence and all their charts and graphs won't change history. Income-Tax cuts for the wealthy do not stimulate job growth, they reduce revenue. We have a history of economic growth with high upper end taxes.

    Income tax in the United States - Wikipedia, the free encyclopedia
    Problem is thats a lie. If you paid taxes under Bush you got a tax cut.

    Under Bush tax cuts the percentage of the money going to the IRS went up for the Rich.

    On this link notice who pays what percent and go to 1999.

    Under Clinton the top paid less and the bottom paid more


    Who Pays Income Taxes? See Who Pays What

    Comparing Income Taxes: Clinton vs. Bush -- Seeking Alpha


    The Tax Foundation - Number of Americans Paying Zero Federal Income Tax Grows to 43.4 Million

    During 2006, Tax Foundation economists estimate that roughly 43.4 million tax returns, representing 91 million individuals, will face a zero or negative tax liability. That's out of a total of 136 million federal tax returns that will be filed. Adding to this figure the 15 million households and individuals who file no tax return at all, roughly 121 million Americans—or 41 percent of the U.S. population—will be completely outside the federal income tax system in 2006.1 This total includes those who pay no tax, and those who pay some tax upfront and are later refunded the full amount of the tax paid or more.

  8. #38
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by NoJingoLingo View Post
    So I should now post some charts and graphs from... I don't know, some liberal think tank, that disprove yours and you'll change your position?
    Yes, that would be substantive debate. A think tank is a think tank, and data is data.

  9. #39
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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by ptif219 View Post
    Problem is thats a lie. If you paid taxes under Bush you got a tax cut.

    Under Bush tax cuts the percentage of the money going to the IRS went up for the Rich.

    On this link notice who pays what percent and go to 1999.

    Under Clinton the top paid less and the bottom paid more


    Who Pays Income Taxes? See Who Pays What

    Comparing Income Taxes: Clinton vs. Bush -- Seeking Alpha


    The Tax Foundation - Number of Americans Paying Zero Federal Income Tax Grows to 43.4 Million

    During 2006, Tax Foundation economists estimate that roughly 43.4 million tax returns, representing 91 million individuals, will face a zero or negative tax liability. That's out of a total of 136 million federal tax returns that will be filed. Adding to this figure the 15 million households and individuals who file no tax return at all, roughly 121 million Americans—or 41 percent of the U.S. population—will be completely outside the federal income tax system in 2006.1 This total includes those who pay no tax, and those who pay some tax upfront and are later refunded the full amount of the tax paid or more.
    Your figures and links are misleading. If you'd like to move your post to the economics thread I'll give you a good thrashing over there. Otherwise, I call bull****.

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    Re: Obama ‘Agnostic’ on Deficit Cuts, Won’t Prejudge Tax Increases

    Quote Originally Posted by Dav View Post
    Yes, that would be substantive debate. A think tank is a think tank, and data is data.
    Move to the economics thread and we can have at it.

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