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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 upsideguy View Post
    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.
    It does not get much more uninformed than that. That is liberal bass-ackward mantra. No wonder the Democrats screwed things up so bad.

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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.
    Yes I'm sure charities are all for higher taxes because they encourage people to donate more.
    I bet they can't wait until the charitable donation deduction is done away with too. That will really encourage people to give tons more to their favorite charities.
    Catawa is my favorite bleeding heart liberal.
    1/27/12

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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
    Gimme a break. Clinton got reined-in by the Republican House after the '94 elections on fiscal policy, then rode the dot-com boom. Then handed W a recession when dot-com went bust.

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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?
    Actually higher tax rates actually promote charitable contributions. As taxes increase, the value of the deduction increases. People have higher motivation to give to the charity of their choice rather than give money to the government.

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

    Quote Originally Posted by Eighty Deuce View Post
    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 !!
    The Wall Street Journal says you are wrong about the jobs being there two years ago.

    Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ


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

    Quote Originally Posted by upsideguy View Post
    Actually higher tax rates actually promote charitable contributions. As taxes increase, the value of the deduction increases. People have higher motivation to give to the charity of their choice rather than give money to the government.
    so explain to me why dems want to make giving to charities more expensive



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

    Quote Originally Posted by Eighty Deuce View Post
    Gimme a break. Clinton got reined-in by the Republican House after the '94 elections on fiscal policy, then rode the dot-com boom. Then handed W a recession when dot-com went bust.
    And Bush handed Obama with a much deeper recession.


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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
    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?
    I know why. It was to discourage charitable giving and to cause more dependence on government from those down on their luck. A case for growing the government is all this administration cares about.
    Catawa is my favorite bleeding heart liberal.
    1/27/12

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

    Quote Originally Posted by Barbbtx View Post
    Yes I'm sure charities are all for higher taxes because they encourage people to donate more.
    I bet they can't wait until the charitable donation deduction is done away with too. That will really encourage people to give tons more to their favorite charities.
    some charities did lobby to keep the taxes up-and some wanted the death taxes to continue at a punitive rate for that reason. Of course in some cases that didn't help them-I know of a local charity that lobbied against Bush's cuts to the death tax that got slammed when would be donors decided to punish the charity for its support of massive death taxes.



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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
    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)
    That's cool. Just trying to understand where your argument is coming from and wanting it to be fleshed out a bit.
    "Never fear. Him is here" - Captain Chaos (Dom DeLuise), Cannonball Run

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