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Thread: White House Concedes on Upper Income Tax Cuts

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    Re: White House Concedes on Upper Income Tax Cuts

    This is no theory. I am asking about real life where the other party is still in business and still has money and still has ways of getting even more money.
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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by Whovian View Post
    He doesn't understand that entitlements are where you cut the deficit... not taxes.
    Entitlemenat are where you HAVE to cut the defecit, as spending on entitlements, alone, exceeds available revenues.

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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by haymarket View Post
    Actually I understand that there are two sides to a budget - INCOME and EXPENDITURES. That is twice as much as some here appear to understand.
    True -- liberals ignore expenditures.

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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by haymarket View Post
    This is no theory. I am asking about real life where the other party is still in business and still has money and still has ways of getting even more money.
    you still have the issue of legal tender laws.

    if they are contractually obligated to deliver x widgets, they only have to deliver legal tender financially equivalent to x widgets.

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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by disneydude View Post
    Its funny how its NOT "Class warfare" to you guys when Republicans come in a cut taxes for the wealthiest of Americans which results in redistribution of wealth in favor of the top 2% of the country...
    Tax cuts do not and can not, by defninition, redustribute wealth.

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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by haymarket View Post
    If I pay into an arrangement with another party and fulfill all of my legal and financial obligations to them, is it my right to insist that they other party fulfills all of their legal and financial obligations to me when the time has arrived to do so per the agreement?
    Are you trying to be clever?
    Your entitlement benefits are defined by law. The law can, and does, change that definition all the time.
    Disagree? When The Obama raises SS retirement age, try suing for breach of contract.

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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by ARealConservative View Post
    The tax cuts applied to all Americans that pay income tax. We gave to all classes of tax payers, you want to treat classes different.

    Spaghetti logic at its finest. congrats
    Oh please......Before Reagan the top % tax bracket was much higher. Reagan cut taxes on the wealthy in half and doubled taxes on the middle class. GWB took it a step further and cut taxes even more for the wealthy. Since the days of Reagan, wealth in this country has disproportionately been "redistributed" to the top 2% of the population. This is why the middle class continues to shrink in this country.

    Obama should stand firm on his proposal. It would show the American people where the true loyalty of the GOP is. Republicans are against cutting taxes for working class Americans, unless the wealthy get to pad their pockets even more.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by Goobieman View Post
    Tax cuts do not and can not, by defninition, redustribute wealth.
    That's exactly the fake rationale that the GOP tries to sell the American public. The statement doesn't even make logical sense...despite your efforts to shuffle your way around it.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by disneydude View Post
    That's exactly the fake rationale that the GOP tries to sell the American public. The statement doesn't even make logical sense...despite your efforts to shuffle your way around it.
    "Redistrobution" is where the givernment takes money from someone and gives it to someone else.
    Tax cuts allow people to keep more of what they have.
    So...
    -Tax cuts do not take money from anyone
    -Tax cuts do not give money to someone else
    THUS
    -Tax cuts do not redistribute wealth.

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    Re: White House Concedes on Upper Income Tax Cuts

    Quote Originally Posted by Goobieman View Post
    "Redistrobution" is where the givernment takes money from someone and gives it to someone else.
    Tax cuts allow people to keep more of what they have.
    So...
    -Tax cuts do not take money from anyone
    -Tax cuts do not give money to someone else
    THUS
    -Tax cuts do not redistribute wealth.
    Really Goob? So when Reagan cut taxes for the wealthiest in half and doubled taxes on the middle class, resulting in the largest disproportion of wealth in the history of this country. You don't call that wealth redistribution? What DO you call it?
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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