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Thread: Obama will not extend Bush tax cuts to wealthy

  1. #151
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Jetboogieman View Post
    How the hell is that so?

    That is by far actually dumber then suggesting he's a muslim from Kenya because that statement is so off the charts idiotic as it is untrue.

    Class Warfare?

    Just because he wants to raise taxes on people that are already rich... and not even by a massively substancial amount...

    Yep Class Warfare at it's worse...
    It's been said many times that if you continue to take money from "the rich" sooner or later the rich will run out of money. Or they will just leave the country, as many are doing, in order that they remain rich. What then?

    If people worked hard all their lives they should enjoy the rewards, rather than give it to a government who is wasting trillions of dollars, never created any wealth whatsoever, and who can't even balance a budget.

    It is no more right that political leaders attack the rich than they should attack the poor. BHO is pitting one class against another, and that is clear.

    The United States at one time had a huge middle class, and it is shrinking. But that is due to government spending and taxation policies rather than "fat cat" "rich" people getting an unfair share.

  2. #152
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by tlmorg02 View Post
    Spending indeed needs to be cut, but short of totally bringing all through troops home and allowing unemployment benefits to end there is no way to reduce spending significantly.
    It doesn't seem you've looked into this spedning thing too closely, Tlmorg02. The pork barrel alone is huge.

  3. #153
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Grant View Post
    It doesn't seem you've looked into this spedning thing too closely, Tlmorg02. The pork barrel alone is huge.
    Hence the President needs the line-item veto.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Thread: Obama will not extend Bush tax cuts to wealthy
    Someone who leaves an estate of $1.5 million is not wealthy. The estate of someone leaving $1.5 million is going to be taxed somewhere around 25%...on money they've already paid tax on. It's nothing more than confiscation of wealth.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by tlmorg02 View Post
    Hence the President needs the line-item veto.
    A good idea, perhaps. Or that a budget cannot be exceeded without the consent of the governed.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Grant View Post
    A good idea, perhaps. Or that a budget cannot be exceeded without the consent of the governed.
    Where would the limit be then? What if it were left to the governed to fund a war? Would we stop fighting because the people lost the will to pay for unpleasant necessities?

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by tlmorg02 View Post
    Where would the limit be then? What if it were left to the governed to fund a war? Would we stop fighting because the people lost the will to pay for unpleasant necessities?
    Yes, if the people want to stop a war, they can stop it's funding if it goes over budget. Of course they must understand they'll have to live with the consequences.

  8. #158
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by tlmorg02 View Post
    Where would the limit be then? What if it were left to the governed to fund a war? Would we stop fighting because the people lost the will to pay for unpleasant necessities?
    we did during vietnam

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    Re: Obama will not extend Bush tax cuts to wealthy

    Another unintended consequence by the Obama administration besides becoming dependent on Canada for their oil (and we appreciate it!) is that Canadian doctors who were working in the States are now returning to Canada. Doctors apparently are "rich" there too and they don't care for "Obamacare".

    DOCTOR DRAIN TURNS TO GAIN

    As well, because of the "tax the rich" policies, and Canada's lower corporate tax rate, we are beginning to welcome many more American companies and entrepreneurs.

    Of course all of this is good for Canada, and other countries no doubt, but I feel to see how this can be good for the American people.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by OscarB63 View Post
    we did during vietnam
    And that certainly had its consequences also.

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