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Thread: More Democrats break with Obama on tax cuts

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by pbrauer View Post
    Most of those 47% who pay no taxes are because of President Bush. What's the problem with your hero?
    I was against that-but I am against progressive income taxes. there should be a flat tax so people like you cannot have your votes bought by promises that you will get more handouts and only people like me will suffer a tax rate increase



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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by TurtleDude View Post
    I was against that-but I am against progressive income taxes. there should be a flat tax so people like you cannot have your votes bought by promises that you will get more handouts and only people like me will suffer a tax rate increase
    Isn't that what happened anyway? For the majority of the last decade, all I heard was that Bush cut taxes for the wealthy only and raised taxes on the poor. Now, the fact that the poorest 47% don't pay taxes is at Bush's feet, too? A wizard, that man.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    They don't spend the moeny they get from taxe cuts. Again, this has been posted for you before. And taxes don't effect the jobs they create or don't. There is no evidence tax breaks create jobs, and at least one study, again posted for you before, that says there is no evidenc ethat tax cuts lead to jobs.
    I'll ask you again since you ignored it the last time.......what do "rich" people do with their money, put it in their pillows for safe keeping or do they invest it ?

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Gill View Post
    I'll ask you again since you ignored it the last time.......what do "rich" people do with their money, put it in their pillows for safe keeping or do they invest it ?
    I think he's merely upset that they have more wealth



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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Gill View Post
    I'll ask you again since you ignored it the last time.......what do "rich" people do with their money, put it in their pillows for safe keeping or do they invest it ?
    Tax breaks they tend to save. Again, this has been covered before.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by TurtleDude View Post
    so if they aren't going to help and since the dem spending is going to massively increase the deficit whether or not the rich are treated the same as other tax payers, what is your reason-other than envy-for being against tax cuts for everyone?
    It won't create jobs, but it will help pay down the debt and cover spending. Responsible people pay for they spend.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    Tax breaks they tend to save. Again, this has been covered before.
    yeah that's horrible

    maybe that is why they are rich-they don't engage in short term gratification

    one of the things that has really F'd up this country is congress using the tax code to gain power and manipulate behavior

    that's why a flat tax or a consumption tax is so much better than the power grabbing income tax



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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    It won't create jobs, but it will help pay down the debt and cover spending. Responsible people pay for they spend.
    wrong-the dems have proven they will just use tax hikes as a justification to spend even more because its spending other peoples' money that buys them votes.



  9. #679
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    Tax breaks they tend to save. Again, this has been covered before.
    How does saving hurt the economy? As for covering it before, apparently many of here haven't seen that so I look forward to your response.

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    It won't create jobs, but it will help pay down the debt and cover spending. Responsible people pay for they spend.
    Please name for me just one economic prediction that Obama has made that has been accurate? You believe raising the taxes on the rich will create more revenue because Obama tells you so? What will really create more govt. revenue would be putting 16 million unemployed Americans back to work.

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