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Thread: House GOP blocks bill to extend jobless benefits

  1. #421
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    Re: House GOP blocks bill to extend jobless benefits

    Quote Originally Posted by randel View Post
    the recession is over by whose standards? the banks? yours?? the down jones industrial average going up, corporate profits going up, doesnt equal a recovery for those still looking for work. what you consider 'waking up' for the American People is actually frustration , and not a ringing endorsement for republicans or their platform. maybe YOU are the one that needs to wake up.
    Since you're a centrist, let's see you argue the other side of the issue.
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    Re: House GOP blocks bill to extend jobless benefits

    from Barb

    You can only push some people so far before they'll take their money and run. A tax hike on the richest may be the last straw. They have enough money to pick up and leave the country if they want. These millionaires left the state and the tax hike backfired.
    Over in Niagra-on-the-Lake in Ontario, Canada they have a small monument in a public park honoring the thousands of British sympathizers who fled there from New York because of the American Revolution. For someone born and raised in the States it is quite an interesting thing to see. Maybe a few more nations should begin reserving space now for those who simply cannot take the oppressive tax rates any longer.

    I support the right of every American to get the hell out of Dodge. And I strongly support the right of the US people to make sure we have laws which prevent your cheaply made junk from getting back here to be sold.
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    Re: House GOP blocks bill to extend jobless benefits

    Quote Originally Posted by Lord Tammerlain View Post
    Now were did you get your numbers and what do they represent as most definatley the US government did not have revenues of 3.2 trillion dollars in 2004
    Yes, that is the total revenue of the United States for the period listed.

    Current Report: Combined Statement of Receipts, Outlays, and Balances of the United States Government (Combined Statement): Publications & Guidance: Financial Management Service

    Suggest you go to the individual budgets to get your numbers.

    So let me see if I have this straight, 57 billion for the Iraq War caused the 430 billion 2003 deficit? That was my point.

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    Re: House GOP blocks bill to extend jobless benefits

    Quote Originally Posted by UtahBill View Post
    A tax cut, by Bush,and Congress, AFTER starting the Iraq war......how irresponsible is that? He should have raised taxes, instead.
    but it's OK, our grandchildren will pay for that, and the bailouts for Wall Street, and whatever else comes down the road....
    I sure hope our grandkids can get good paying jobs...oh, wait, today's college graduates are having a hard time finding a job.
    Damn that Obama dude, in only 2 years he failed to undo 8 years of Bush. Let's elect another republican in 2012, I hear Palin might run, that'll fix everything....maybe she can get some really old flake to be her VP. I hear John Boehner looks good in orange...
    You have bought what you have been told, I posted the cost of the wars earlier in this thread but the numbers seem to fly right over everyone's head, especially those that believe that the Iraq and Afghanistan Wars created most of the deficits. That is typical spin from liberals who are fighting hard to keep their power. The facts posted support that which you seem to ignore. Why don't you ask yourself why liberals are fighting so hard to you to keep less of what you earn? Think about it.

    Now here we go again, Bush created what in 8 years, 4.5 trillion GDP Growth, 6.5 million jobs created? Stop buying what you are told and get the actual facts. Thought Obama was going to save us. Where is that hope and change. Obama has made things worse in 2 years as evidenced by 4 million more unemployed and 3 trillion added to the debt. Wake up, you are still in the Obama trance. Did you get the election results of Nov. 2? Americans are waking up, when will you?

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    Re: House GOP blocks bill to extend jobless benefits

    Quote Originally Posted by Objective Voice View Post
    Including in your monthly paycheck over 12-months. I'd say that's "putting more money back into taxpayer's pockets. Wouldn't you? "Allowing them to keep more of what they earn

    Shifted the level of the flat exemption upward. Meaning instead of being able to exempt earn income at say, $65,000 (or whatever the level was before the increase, you now have to earn MORE money in order to claim the AMT.

    You're talking about individuals who quite likely work in low-income jobs or work part-time. These individuals may not earn enough to pay into the federal income tax, but I'm sure many of them do pay state taxes. Regardless, I know for a fact that there are some people who fall in this category that DO have children. Now, I agree with your premise here, that if you don't pay "federal" income tax, why should you qualify for a "federal" tax credit? Problem here is, the states usually don't have this credit. So, in a sense the parent is being penalized for what? Having the exact same qualifier that millions of other people have but the only reason he/she is disqualified is because they didn't earn enough money? Yet, both the millionaire and the waitress have a "qualifying kid"? Does that make much sense to you? You qualify for the child tax credit not because you merely had a child but because you happened to earn enough money.

    This one is a no-brainer. College tuition costs are out the roof! It makes sense to provide tax credits towards the biggest investing this country can ever think worthy to preserve its prosperity - the education of the youth of tomorrow!! If you're not willing to investing in that, you're just a prude!!

    I can understand the resistance here considering how we got into this subprime mess, but the key thing to remember is this is for FIRST-TIME HOMEBUYERS. I don't know if there were other restrictions, i.e., the home's value had to be over a certain amount or the home couldn't be purchased in certain economically depressed areas, but since it is the "home buying market" that's suffering right now, I'd think folks like you would be happy that the government is trying to do something to rid its books of these so-called "troubled assets that have lost their value" (assuming that the second provision I mentioned wasn't a restriction).

    I'm with you on this one. You get so much for unemployment benefits (generally in relation to how long you've worked/earned over time. But as we all know, many people won't look for work if they know those unemployment checks are coming. Yet, this period in our nation's history is alittle different. In many depressed areas across the country, there still aren't any jobs for people to look for. Still, their unemployment benefits were extended once already. And although I think in most cases it's by no fault of the individual that he/she is unemployed, I do think that if you've received beyond what your original benefit entitlement was you've likely received more than generous amount of Uncle Sam's money even due to the effects of the recession. So, here I agree. No tax write-off.

    Not sure I understand this one. I think the EIC qualifier just moved from a "family of two children" to a "family of three children". I'd have to research it to be sure.

    I can get behind this one. It's about "energy conservation and making homes more energy efficient. Why be upset about this? It's a good thing. Plus, if enough people take advantage of this credit it creates demand for those energy efficient products, i.e., windows, doors, sunroofs, kitchen appliances, etc., pretty much anything with the "EnergyStar" logo on it.

    This one kinda goes with the first-time homebuyer's credit in that two of the nation's auto companies needed to be bailed out in part because they extended too much credit to undeserving customers. But here again, if you want to spur growth in the auto industry - the very auto industry you're hoping to get a large return on investment from because your taxpayer dollars bailed them out - I'd think you'd want this industry to do extremely well.



    Save it, pal. I've read your "cut-N-paste" propaganda before. Spar me...
    I have posted this before, this time read it. How did the Obama tax cut vs. the Bush tax cut affect you?

    Obama Tax Cuts


    Total: $288 billion

    [edit] Tax cuts for individuals

    Total: $237 billion
    $116 billion: New payroll tax credit of $400 per worker and $800 per couple in 2009 and 2010. Phaseout begins at $75,000 for individuals and $150,000 for joint filers.[29]
    $70 billion: Alternative minimum tax: a one year increase in AMT floor to $70,950 for joint filers for 2009.[29]
    $15 billion: Expansion of child tax credit: A $1,000 credit to more families (even those that do not make enough money to pay income taxes).
    $14 billion: Expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000.
    $6.6 billion: Homebuyer credit: $8,000 refundable credit for all homes bought between 1/1/2009 and 12/1/2009 and repayment provision repealed for homes purchased in 2009 and held more than three years. This only applies to first-time homebuyers.[41]
    $4.7 billion: Excluding from taxation the first $2,400 a person receives in unemployment compensation benefits in 2009.
    $4.7 billion: Expanded earned income tax credit to increase the earned income tax credit which provides money to low income workers for families with at least three children.
    $4.3 billion: Home energy credit to provide an expanded credit to homeowners who make their homes more energy-efficient in 2009 and 2010. Homeowners could recoup 30 percent of the cost up to $1,500 of numerous projects, such as installing energy-efficient windows, doors, furnaces and air conditioners.
    $1.7 billion: for deduction of sales tax from car purchases, not interest payments phased out for incomes above $250,000.

    Bush Tax cuts

    Between 2001 and 2003, the Bush administration instituted a federal tax cut for all taxpayers. Among other changes, the lowest income tax rate was lowered from 15% to 10%, the 27% rate went to 25%, the 30% rate went to 28%, the 35% rate went to 33%, and the top marginal tax rate went from 39.6% to 35%.[3] In addition, the child tax credit went from $500 to $1000, and the "marriage penalty" was reduced. Since the cuts were implemented as part of the annual congressional budget resolution, which protected the bill from filibusters, numerous amendments, and more than 20 hours of debate, it had to include a sunset clause. Unless congress passes legislation making the tax cuts permanent, they will expire in 2011.

    I don't understand people like you. Why does the govt. need the money more than you and why are liberals fighting so hard to raise taxes on individuals. Some people just are brainwashed and don't want the facts. You seem to be one of them. Good luck with that.

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    Re: House GOP blocks bill to extend jobless benefits

    Quote Originally Posted by independent_thinker2002 View Post
    Which party wants to pay for current spending rather than pass it off to the next generations?

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    Re: House GOP blocks bill to extend jobless benefits

    From Conservative

    I don't understand people like you. Why does the govt. need the money more than you and why are liberals fighting so hard to raise taxes on individuals.
    Now that clears that up. You don't understand because you are misinformed. What we want to do is to extend the tax cuts on the first $250,000.00 of income for all 100% of the American people. The teeny tiny miniscule 2% who make over that will only see their taxes rise on an amount over that.

    So now that we cleared that up, we hope to have you on board.
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    Re: House GOP blocks bill to extend jobless benefits

    Quote Originally Posted by Whovian View Post
    I don't think Obama supporters pay much attention to reality and actual facts. Slowly the American people are waking up as evidenced by the Nov. 2 elections but some never will wake up and remain in that Obama trance.

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    Re: House GOP blocks bill to extend jobless benefits

    Quote Originally Posted by haymarket View Post
    From Conservative



    Now that clears that up. You don't understand because you are misinformed. What we want to do is to extend the tax cuts on the first $250,000.00 of income for all 100% of the American people. The teeny tiny miniscule 2% who make over that will only see their taxes rise on an amount over that.

    So now that we cleared that up, we hope to have you on board.
    No, you don't get it, why let any of the tax cuts expire? Are you one of those that continues to believe what Obama tells you in spite of not one of his claims being accurate? How much are those tax increases going to reduce the deficit? Where is the evidence?

    You haven't cleared up anything yet so let's see you answer my question?

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    Re: House GOP blocks bill to extend jobless benefits

    Quote Originally Posted by Barbbtx View Post
    You can only push some people so far before they'll take their money and run. A tax hike on the richest may be the last straw. They have enough money to pick up and leave the country if they want. These millionaires left the state and the tax hike backfired.


    Top Payers Fade Away
    Maryland Was Depending On Taxing Millionaires, But They're Disappearing
    May 14, 2009|By Laura Smitherman | Laura Smitherman,laura.smitherman@baltsun.com
    One of Maryland's budget-balancing tactics - asking millionaires to pay more money to the state - appears to be backfiring as the number of the highest-earning taxpayers dwindles with the flagging economy.
    A year ago, Maryland became one of the first states in the nation to create a higher tax bracket for millionaires as part of a broader package of maneuvers intended to help balance the state's finances and make the tax code more progressive.But as the state comptroller's office sifts through this year's returns, it is finding that the number of Marylanders with more than $1 million in taxable income who filed by the end of April has fallen by one-third, to about 2,000. Taxes collected from those returns as of last month have declined by roughly $100 million.Maryland Millionaire Tax - Top Payers Fade Away - Baltimore Sun
    Last line of your source....Millionaires are only part of that picture. According to fiscal analysts, those with taxable income of more than $1 million accounted for only 0.3 percent of all filers.



    that is maryland's problem...those leaving MD are most likely those with unearned income. If they have jobs, they are less likely to leave until they find another job in their new state. They will face higher federal taxes no matter what state they run to. And if they leave the country, THEN they will find out what high taxes really are...
    Last edited by UtahBill; 11-22-10 at 11:27 AM.
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