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Obama suggests value-added tax may be an option

Reverend_Hellh0und said:
So how much total in rebates are you getting here?


and was it a tax cut or a rebate?
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A rebate is a tax cut. You are arguing semantics. If you pay less in taxes than you otherwise would, that is a cut.
 
SouthernDemocrat said:
A rebate is a tax cut. You are arguing semantics. If you pay less in taxes than you otherwise would, that is a cut.
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So then, I'll aske you one more time, what total amount are you getting in "rebates" this year? how much is bush, and how much is obama?


I know what, I am getting. 0$ :shrug:



And, no, I don't consider a rebate a "tax cut" whether its bush or Obama. You took that money from me.
 
Ockham said:
So stimulus money borrowed and paid out which adds to the national debt is counted as a 95% tax cut. Wow... so I can count a $10,000 credit card spending spree and say I cut my spending by 95%, since I'm only paying 5% payments towards the borrowed amount.

Sweet!
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Now I'm no accountant. But lets discuss this.... He borrowed our money in this stimulous, to take some of said money and give it back to us?


I also wonder if anyone wonders, He gave banks our money so they can lend it back to us with interest? :ssst:
 
So if I understand the rightwingers in this thread, Obama isn't allowed to think about all options to fix our deficits and he's definitely not allowed to say he's thinking about all options? Sheesh, you righties go straight to hyperbole as if the Pres. had stated he was implementing a VAT. :roll:
 
Reverend_Hellh0und said:
So then, I'll aske you one more time, what total amount are you getting in "rebates" this year? how much is bush, and how much is obama?


I know what, I am getting. 0$ :shrug:
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We got 800 dollars for the 2009 tax year, and that was the result of stimulus. Virtually every family with adjusted gross income under 250k a year got it.
 
Ockham said:
So stimulus money borrowed and paid out which adds to the national debt is counted as a 95% tax cut. Wow... so I can count a $10,000 credit card spending spree and say I cut my spending by 95%, since I'm only paying 5% payments towards the borrowed amount.

Sweet!
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Oh OK, if a tax cut enacted while the government is running deficits doesn't count, then we can go ahead and agree that the two Bush tax cuts would not count either. After all, let's use the same standard here. ;)
 
SouthernDemocrat said:
Oh, well an OP/Ed speculating, that carries some weight doesn't it. ;)
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Well, if you look at what has actually happened, yes that does carry some weight. Certainly you don't think that, with our current load of debt, we can lower income taxes if VAT are added.
 
NoJingoLingo said:
So if I understand the rightwingers in this thread, Obama isn't allowed to think about all options to fix our deficits and he's definitely not allowed to say he's thinking about all options? Sheesh, you righties go straight to hyperbole as if the Pres. had stated he was implementing a VAT. :roll:
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actually the adults are discussing the possibility of a VAT and its ill effects it would have, in addition to Obama not ruling it out. :shrug:
 
NoJingoLingo said:
So if I understand the rightwingers in this thread, Obama isn't allowed to think about all options to fix our deficits and he's definitely not allowed to say he's thinking about all options? Sheesh, you righties go straight to hyperbole as if the Pres. had stated he was implementing a VAT. :roll:
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But you are assming he's thinking, when his track record doesn't show that.
 
SouthernDemocrat said:
Oh OK, if a tax cut enacted while the government is running deficits doesn't count, then we can go ahead and agree that the two Bush tax cuts would not count either. After all, let's use the same standard here. ;)
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Agreed, it was BS when Bush did it, it's BS now. I'm all for the same standards. Where you expecting anything different?
 
bicycleman said:
But you are assming he's thinking, when his track record doesn't show that.
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Well, Obama already blew his promise, so, why not double down on ****ing the people over who voted for him. He's good at doubling down like that.
 
SouthernDemocrat said:
Yes, part of a bill passed by the Democratic congress in 2008 included a tax rebate as well.
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:lol: so like I just proved, thanks to you, you did not get any more or any less rebate under Obama, so the "fact" that he somehow lowered your taxes is dishonest at best. ;)



On a side note, I love how its the "bush tax cuts" when you are bashing them, but its the "democrats passed tax cuts" when you want to protect Obama. :lamo
 
Reverend_Hellh0und said:
:lol: so like I just proved, thanks to you, you did not get any more or any less rebate under Obama, so the "fact" that he somehow lowered your taxes is dishonest at best. ;)
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You are either being intellectually dishonest, or ignorant. The tax rebate in 2008 was for that year only. Had the Democrats (which you claim never cut taxes), not passed another one in 2009, then we would have not got another tax cut in 2009.
 
SouthernDemocrat said:
You are either being intellectually dishonest, or ignorant. The tax rebate in 2008 was for that year only. Had the Democrats (which you claim never cut taxes), not passed another one in 2009, then we would have not got another tax cut in 2009.
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stop whining.


Did you get a rebate in 2008? 2009?


So Obama just kept the same thing going? he did not "cut" taxes. He simply kept the status quo.


It amazes me how people follow the newspeak of our government officials.... By your logic, you can claim year after year, he's cutting new taxes, and you wont see a dime more.
 
Alvin T. Grey said:
Companies are VAT exempt. Us Europeans have it. We do fine.
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As far as I'm concerned, the thread could have ended here. When Europeans proclaim a love affair for regressive taxation and say "they do fine" (which we all know is laughably stupid), the masses have spoken.
 
Gipper said:
As far as I'm concerned, the thread could have ended here. When Europeans proclaim a love affair for regressive taxation and say "they do fine" (which we all know is laughably stupid), the masses have spoken.
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You may call them masses -- but I call them sheep due to that laughable stupidity you spoke about.
 
SouthernDemocrat said:
The proposals for a VAT tax would be a replacement for all or part of income taxes. Not just another tax on top of the current tax code.
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Show me anyone claiming income taxes would no longer exist if we adopted a VAT tax
 
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