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Thread: House Passes Middle-Class Tax Cut as Dems, GOP Try to Reach Compromise

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    Re: House Passes Middle-Class Tax Cut as Dems, GOP Try to Reach Compromise

    Quote Originally Posted by TurtleDude View Post
    probably not given that high taxes prevent people from giving some more to charities. Your dem masters want to make it even more expensive to give to charities by cutting back on tax deductions for charitable contributions. Why is that?
    if your as well off as you claim, higher taxes would not deter you, and should encourage you to donate more, as i believe you can still deduct part of your charitable donations from your taxes.

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    Re: House Passes Middle-Class Tax Cut as Dems, GOP Try to Reach Compromise

    Quote Originally Posted by Conservative View Post
    How will raising taxes on the top 2% put 16 million Americans back to work and back paying their full taxes? Noticed that you are still hung up on Reagan in an attempt to divert from the disaster in the WH. Where is that Middle Class tax cut democrats are talking about? My bet it is in the same place the Clinton promise was for a middle class tax cut since you want to review history.
    My point is that most of the jobs that were available during Reagan's term in office are GONE to China, India, etc. You know that sucking sound that Ross Perot talked about in 1992.


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    Re: House Passes Middle-Class Tax Cut as Dems, GOP Try to Reach Compromise

    Quote Originally Posted by CaptainCourtesy View Post
    Common decency doesn't cut it. Why should we be decent?
    read the rest of the post

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    Re: House Passes Middle-Class Tax Cut as Dems, GOP Try to Reach Compromise

    Quote Originally Posted by randel View Post
    read the rest of the post
    It was just more of the same. Appeal to emotion. I'll give you a hint. How does us being "decent" help the US?
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    Re: House Passes Middle-Class Tax Cut as Dems, GOP Try to Reach Compromise

    Quote Originally Posted by randel View Post
    if your as well off as you claim, higher taxes would not deter you, and should encourage you to donate more, as i believe you can still deduct part of your charitable donations from your taxes.
    that is stupid-there are many who aren't as well off who are taxed highly. Why did the dems push to cut back in charitable deductions?



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    Re: House Passes Middle-Class Tax Cut as Dems, GOP Try to Reach Compromise

    Quote Originally Posted by Conservative View Post
    Certainly no logic or common sense in your world. Raising taxes means less take home pay for all Americans thus lower spending, and lower profits which then means lower business taxes. so now we still have high unemployment and now lower corporate taxes and you think that is good? That doesn't make any sense at all.

    What you ignore and all liberals ignore is the tax revenue increase after the Bush tax cuts of 2003 that came from 8.5 million jobs created and higher corporate taxes. Now you believe that raising taxes somehow will lower the deficit with that many people unemployed? Sorry, that is real voodoo economics.

    The Clinton admin raised taxes, increased jobs, and increased revenues. On top of all that it had the closest thing to a balanced budget the US has seen in decades.

    Using your logic we can increase taxes and get the same results as lowering taxes
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    Re: House Passes Middle-Class Tax Cut as Dems, GOP Try to Reach Compromise

    Quote Originally Posted by CaptainCourtesy View Post
    It was just more of the same. Appeal to emotion. I'll give you a hint. How does us being "decent" help the US?
    not sure i'd call it all an 'appeal to emotion'....alot of it is common sense...i will put some thought into it at work tonight though, and see if i can flesh it out for you...i'm off to bed here in a minute, gotta get a power nap in(shame gotta work tonight..lol...ravens and steelers on sunday night football)

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    Re: House Passes Middle-Class Tax Cut as Dems, GOP Try to Reach Compromise

    Quote Originally Posted by Conservative View Post
    But jobs are your big issue and as you have been given jobs were created. 6.5 million during the Bush years. Obama has a net loss of 4 million so raising taxes on the top 2% must be the answer. How many will be created by raising taxes?
    Though you are correct that 6.5 million jobs were created during the Bush years, it really isn't that relevant as the economy was collapsing in Q4 2008 and Q1 2009, as the presidency was transferring. In reality, most, if not all of the job loss is attributable to Bush. Of course, if you really want to use job gain as a measure of economic success of a president, then no president was more successful on that front than Jimmy Carter as more than 10 million jobs were created during his presidency (which was 4 years, or half that of Bush)....

    If you are truly worried about the deficit, it is really hard to argue with much credibility in favor of extending tax cuts to the highest income individuals. By extending such tax breaks you will certainly compromise government revenue at a time when many worry about deficits with indeterminate, if any, benefit. You can easily raise these taxes and then offer job creation credits to those few that actually do create jobs. Of course, no conservatives advocate such as they 1) are not truly worried about job creation; 2) are not really that worried about the deficit and 3) do not really believe their rhetoric that tax cuts stimulate an economy or they would be in favor of getting the tax cuts that everyone agrees upon done..... they are ONLY interested in their self interests.
    Last edited by upsideguy; 12-05-10 at 10:17 PM.

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    Re: House Passes Middle-Class Tax Cut as Dems, GOP Try to Reach Compromise

    Quote Originally Posted by pbrauer View Post
    My point is that most of the jobs that were available during Reagan's term in office are GONE to China, India, etc. You know that sucking sound that Ross Perot talked about in 1992.
    What are you talking about ? Reagan dealt with 10.8% unemployment. That means no jobs. Then, as now, if you get the wheels of the economy cranking, there will be jobs. They were there two years ago. The problem is that, unlike Reagan, Obama has pursued policies that stifle the economy and discourage private investment and spending. Its only rocket science to liberals apparently. Written in Greek as well.

    Hey Obama ! Its the private sector stupid !!

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    Re: House Passes Middle-Class Tax Cut as Dems, GOP Try to Reach Compromise

    Quote Originally Posted by Lord Tammerlain View Post
    The Clinton admin raised taxes, increased jobs, and increased revenues. On top of all that it had the closest thing to a balanced budget the US has seen in decades.

    Using your logic we can increase taxes and get the same results as lowering taxes
    Is that right? Do you know what happened in 1994 that really increased jobs? Think about it and get back to me. Obviously some people don't understand basic civics nor have a good grasp of something that happened 16 years ago. You might find out that the Clinton tax increase didn't hold.

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