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Thread: Obama will not extend Bush tax cuts to wealthy

  1. #31
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by OscarB63 View Post
    the middle class don't typically creat jobs, which is the key factor. without jobs the middle class wouldn't exist
    The upper class is what caused the last ring of job loss! And if the middle class dissappears in this country, you can rest assured anarchy will follow.

  2. #32
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by pbrauer View Post
    This is good news, I'm glad he's not bowing to the pressures of the GOP

    NYT: Obama will not extend tax cuts to wealthy - Politics - The New York Times - msnbc.com
    So am I.
    It's nice to have him on the record once again of being a class warfare zombie.

    It only adds fuel to the fire coming in November 2010.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by tlmorg02 View Post
    I really do not understand why people use populist as a negative, especially in a DEMOCRACY where the representatives serve the "population."

    Also, the article never says $140,000, it says:
    If he is pandering to the lowest common denominator for the sople purpose of garnering votes, thats a populist appeal...and not what you would call a healthy, or correct position. Thats like a country's president acting like he is running for the head of the senior class, not the leader of a nation. Whats next...root beer in everyones drinking fountains? Pizza at the cafeteria? no homework? good lord...

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by VanceMack View Post
    If he is pandering to the lowest common denominator for the sople purpose of garnering votes, thats a populist appeal...and not what you would call a healthy, or correct position. Thats like a country's president acting like he is running for the head of the senior class, not the leader of a nation. Whats next...root beer in everyones drinking fountains? Pizza at the cafeteria? no homework? good lord...
    You are claiming that 98% of the population is pandering to the lowest common denominator?

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Barbbtx View Post
    More job killing from the Obama administration. {{sigh}}

    Taxing the rich is taxing capital. That hurts more than the rich, it hurts the middle-class. The wealthy create jobs, spend money on cars, vacations, restaurants, travel,etc. that benefits everyone.

    Why do liberals hate the middle class?
    Conservatives want everyone to prosper and that means leaving more money in the hands of everyone, including the wealthy.
    What jobs???? You are 8 years into the Bush "wealthy tax cuts," and unemployment is at it's highest in many years.

    As far as the rest of your examples, the middle class buy a lot more cars then the paltry sum of the rich who are benefitting from the cuts.
    No men are anywhere, and Im allowed to go in, because Im the owner of the pageant and therefore Im inspecting it, Trump said... Is everyone OK? You know, theyre standing there with no clothes. Is everybody OK? And you see these incredible looking women, and so I sort of get away with things like that.

  6. #36
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Middleground View Post
    What jobs???? You are 8 years into the Bush "wealthy tax cuts," and unemployment is at it's highest in many years.

    As far as the rest of your examples, the middle class buy a lot more cars then the paltry sum of the rich who are benefitting from the cuts.
    You don't create jobs just with demand if you don't have the capital with which to furnish those jobs. Demand is well and good, but without capital (provided from the rich with their saving and investing) you have nothing.

    If you want to know why unemployment is high, look to an uncertain business environment created by talk of new taxes and regulations.

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    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by tlmorg02 View Post
    The upper class is what caused the last ring of job loss! And if the middle class dissappears in this country, you can rest assured anarchy will follow.
    Bull****. The upper class didnt 'cause' anything. If anything it was the middle class that borught about the housing crisis. Across the country people bought houses they couldnt afford with idiotic loans. they sought the quick bang...the turn...the flip...promises of riches...and the housing market swelled. And the mortgage came due and suddenly they couldnt pay it and no one was buying houses.

    The housing market is the single best indicator of our economy and the middle class in the country treated the housing market like poor people play the lottery. And you know the one thing in common with both examples? Rich people dont play the lottery or get involved in get rich schemes (typically). They invest in secure long term markets with high yeild. Its why the rich stayed rich and the middle income set got their ass kicked.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by tlmorg02 View Post
    I think Obama is doing the right thing. It has been repeatedly reported that the upper levels of wealth are flush with cash and not spending even under the Bush tax cuts. So the only way one can see moving the economy forward is to give the truly small businesses tax incentives and the Middle Class to retain their tax cuts of which every bit counts in this economy.
    Except that even when the wealthy are not "spending" it helps the economy. Wealthy people do not put their money under a mattress, they invest it which frees up more money to lend to small businesses. So now you want to take the money away from them and invest it in the worst possible place: The Federal Government.
    Most of that money will get eaten up in bureaucracy and corruption and what little is left spent on programs that perpetuate poverty, illiteracy and social and economic stagnation.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Middleground View Post
    the rich who are benefitting from the cuts.
    everyone benefits from the cuts. why do liberals hate rich people so much?

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by VanceMack View Post
    Bull****. The upper class didnt 'cause' anything. If anything it was the middle class that borught about the housing crisis. Across the country people bought houses they couldnt afford with idiotic loans. they sought the quick bang...the turn...the flip...promises of riches...and the housing market swelled. And the mortgage came due and suddenly they couldnt pay it and no one was buying houses.

    The housing market is the single best indicator of our economy and the middle class in the country treated the housing market like poor people play the lottery. And you know the one thing in common with both examples? Rich people dont play the lottery or get involved in get rich schemes (typically). They invest in secure long term markets with high yeild. Its why the rich stayed rich and the middle income set got their ass kicked.
    So you really believe it was not the investment banks and derivatives brokers that caused the crisis?

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