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Thread: More Democrats break with Obama on tax cuts

  1. #21
    Sage

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by disneydude View Post
    I'm not a Pelosi fan...
    i don't blame you

    your point is what?
    the temporary speakeress disagrees with you, i already told you

  2. #22
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by pbrauer View Post
    The facts are if we continue these tax cuts we will be living in the Congo. The Bush tax cuts have been in effect for almost 10 years and look where it has gotten us.
    at least 31 house dems disagree with you, as well as evan bayh, ben nelson, joe lieberman and budget chair kent conrad in upper parliament

    that the temporary speakeress would equivocate on the presidential putz' latest and last available campaign plank says it all

    seeya at the polls, it's gonna be a party!

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    Re: More Democrats break with Obama on tax cuts

    When corporations pay less taxes, they have more to reinvest back into their companies, which in turn, creates more tax revenue. i.e. more tax dollars for the government.

    Whay is that so hard for people to understand?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  4. #24
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by disneydude View Post
    Its not punishment...its the price of doing business in this country. If you want to profit from the opportunities and resources that this country offers, you have to pay back into the system..it doesn't come for free.
    You say that, as if doing business in America is already free.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by apdst View Post
    You say that, as if doing business in America is already free.
    yeah its funny how the welfare-socialists keep screaming for corporations and hard working people to pay more yet they say nothing of the masses of net tax consumers who pay far less (if anything) of what they use and then whine that others don't pay more



  6. #26
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by disneydude View Post
    Its not punishment...its the price of doing business in this country. If you want to profit from the opportunities and resources that this country offers, you have to pay back into the system..it doesn't come for free.
    Huh? Profit from the system? Is this written on your office wall or something? How profoundly progressive of you. Well, small problem with your analysis here. Profit is measured in many ways. How would you measure profit from a leech on the system? Do they profit from it, DisneyDude? The leeches profit from the opportunities, and the resources all the time, however the difference is that with them it's a zero sum game. They take out and put nothing in. If I'm starting a business, or a new country perhaps, I want the ones that put in, not the ones taking out. I want innovation, not mediocrity!


    Tim-
    “When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.” - P. J. O’Rourke
    “Socialism is great until you run out of someone elses money” Margaret Thatcher

  7. #27
    warrior of the wetlands
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Hicup View Post
    Huh? Profit from the system? Is this written on your office wall or something? How profoundly progressive of you. Well, small problem with your analysis here. Profit is measured in many ways. How would you measure profit from a leech on the system? Do they profit from it, DisneyDude? The leeches profit from the opportunities, and the resources all the time, however the difference is that with them it's a zero sum game. They take out and put nothing in. If I'm starting a business, or a new country perhaps, I want the ones that put in, not the ones taking out. I want innovation, not mediocrity!


    Tim-
    lets use DD's thinking

    two students go to PS 101. One studies his butt off and makes top grades, and wins a full ride scholarship to Harvard where he makes Phi Beta Kappa and goes on to Cornell Medical school. at age 40 he's making 500K a year as a heart surgeon

    student two smokes dope, screws around and barely graduates. he goes to the local community college and flunks out. at age 40 he's been in and out of prison and works as a janitor in a local mall

    DD thinks the first guy should be taxed 200K a year for what he got from the government which was a public school education

    the other guy nothing

    in reality, both were "GIVEN" the exact same thing from the government-one got to where he was by his own effort



  8. #28
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by pbrauer View Post
    The facts are if we continue these tax cuts we will be living in the Congo. The Bush tax cuts have been in effect for almost 10 years and look where it has gotten us.

    On Pelosi...

    Pelosi sees no justification for high-end tax cuts | Reuters
    Pelosi hinting at extending tax cuts for all.
    Unfortunately for D's, this plays right into the hands of R's. Why the switch now? Well, it's like their vote to send troops into harms way; political expediency.
    Bait and switch.

    pbrauer:
    Economic illiteracy is costly.
    Learn from JFK... he, like Reagan understood what Persians knew thousands of years ago. High taxes = low revenues... low taxes = high revenues. You can't collect from a dead duck.

    Our true choice is not between tax reduction, on the one hand, and the avoidance of large Federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenue to balance our budget just as it will never produce enough jobs or enough profits. Surely the lesson of the last decade is that budget deficits are not caused by wild-eyed spenders but by slow economic growth and periodic recessions, and any new recession would break all deficit records.

    In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now. The experience of a number of European countries and Japan have borne this out. This country's own experience with tax reduction in 1954 has borne this out. And the reason is that only full employment can balance the budget, and tax reduction can pave the way to that employment. The purpose of cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.

    I repeat: our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve--and I believe this can be done--a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.
    http://www.jfklibrary.org/Asset+Tree/Asset+Viewers/Audio+Video+Asset+Viewer.htm?guid={A138FFB8-5B6A-4C6A-A8CC-70C6E4FF39DA}&type=Audio
    Class warfare has terrible costs, as had The War on Poverty, and the crazy bit is... the rich in a restrictive economic climate are the ones that are best positioned to exploit weakness. They have the means to scoop up the deals and have lawyers to protect their wealth.

    .
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

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    Re: More Democrats break with Obama on tax cuts


  10. #30
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by disneydude View Post
    Its not punishment...its the price of doing business in this country. If you want to profit from the opportunities and resources that this country offers, you have to pay back into the system..it doesn't come for free.
    Well, there is a problem with this. A BIG problem.
    You are obviously very blind to it, and then you folks go on and blame others for it.

    The problem is mobility. Companies are not going to sit around and be punished. They move.
    Wealthy are not going to risk adding folks in a hostile environment, and when the punishment bar is lowered to $250,000 gross... hell... many will cut staff, especially in this environment.

    So, you can say there is a price, and there is... just not the one you class warfare types realize.

    .
    Last edited by zimmer; 09-17-10 at 03:31 AM.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

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