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

  1. #551
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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
    It does not get much more uninformed than that. That is liberal bass-ackward mantra. No wonder the Democrats screwed things up so bad.
    Feel free to correct me.... if you know how (I will not hold my breadth).

    You can not like my arguments or my conclusions, but they are not based on ignorance. Given you could show nothing by shallow insults in retort, the jury remains out on you.

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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
    [/B]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.
    absolutely right. anything that makes someone less dependent on the government is anathema to the left



  3. #553
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    Re: House Passes Middle-Class Tax Cut as Dems, GOP Try to Reach Compromise

    upsideguy;1059140867]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)....
    Sorry but bea.gov disagrees with you and that is the non partisan agency that records economic growth. The economy wasn't collapsing in the fourth qtr of 2008 because that is the quarter that TARP was implemented. Not sure where you get your information but I suggest non partisan sites and not leftwing sites that you apparently use. I learned a long time ago to trust but verify. I don't believe politicians of either side so give me just the facts. The recession ended in June 2009 and Obama has lost more jobs in 2010 than were lost in 2009.


    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.

    I learned a long time ago not to believe the Obama Administration or any Federal Bureaucrat who claims they will take any tax revenue increase and pay down the deficit or the debt. Obama has yet to be accurate on any prediction so tell me why you believe him now?

    I asked a question and no one seems to want to answer, we have 16 million plus unemployed in this country, how does raising taxes on the rich put anyone back to work and paying taxes?

    I am concerned about job creation, not expansion of the size of govt. which has happened the past two years. yes, I believe tax cuts stimulate the economy and if you would simply look at your own life you would see why. Tax cuts put more spendable income into your pockets giving you the choice what to do with it. Many spend that money and that increases demand and thus new jobs. That happened in 2003-2007 when Bush created 8.5 million jobs. Reagan cut taxes 10-10-5% over three years, doubled govt. revenue and created 18 million jobs. WE have an economy built on the private sector, individual wealth creation, and profits. Demonizing any of those serves no purpose other than to increase the control of the govt. and that just creates debt.

  4. #554
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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.
    What so something other then taxes can be responsible for economic growth

    My god I would have never have known by the way Conservative talks
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  5. #555
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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
    And Bush handed Obama with a much deeper recession.
    If he did how did we get out in June 2009? NBER disagrees with you.

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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
    so explain to me why dems want to make giving to charities more expensive
    I am not certain what specific democratic initiative you are referring, but I for one believe our tax policies should highly encourage charitible giving. I would be against any efforts to reign in incentives for individuals to give.

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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
    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.
    I did not know that.
    Catawa is my favorite bleeding heart liberal.
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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
    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
    You seem to ignore bls.gov, why is that?

    Employment by month from BLS.gov


    Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
    1980 99879 99995 99713 99233 98945 98682 98796 98824 99077 99317 99545 99634
    1981 99955 100191 100571 101056 101048 100298 100693 100689 100064 100378 100207 99645
    1982 99692 99762 99672 99576 100116 99543 99493 99633 99504 99215 99112 99032
    1983 99161 99089 99179 99560 99642 100633 101208 101608 102016 102039 102729 102996
    1984 103201 103824 103967 104336 105193 105591 105435 105163 105490 105638 105972 106223
    1985 106302 106555 106989 106936 106932 106505 106807 107095 107657 107847 108007 108216
    1986 108887 108480 108837 108952 109089 109576 109810 110015 110085 110273 110475 110728
    1987 110953 111257 111408 111794 112434 112246 112634 113057 112909 113282 113505 113793
    1988 114016 114227 114037 114650 114292 114927 115060 115282 115356 115638 116100 116104
    1989 116708 116776 117022 117097 117099 117418 117472 117655 117354 117581 117912 117830
    1990 119081 119059 119203 118852 119151 118983 118810 118802 118524 118536 118306 118241
    1991 117940 117755 117652 118109 117440 117639 117568 117484 117928 117800 117770 117466
    1992 117978 117753 118144 118426 118375 118419 118713 118826 118720 118628 118876 118997
    1993 119075 119275 119542 119474 120115 120290 120467 120856 120554 120823 121169 121464
    1994 121966 122086 121930 122290 122864 122634 122706 123342 123687 124112 124516 124721
    1995 124663 124928 124955 124945 124421 124522 124816 124852 125133 125388 125188 125088
    1996 125125 125639 125862 125994 126244 126602 126947 127172 127536 127890 127771 127860
    1997 128298 128298 128891 129143 129464 129412 129822 130010 130019 130179 130653 130679
    1998 130726 130807 130814 131209 131325 131244 131329 131390 131986 131999 132280 132602
    1999 133027 132856 132947 132955 133311 133378 133414 133591 133707 133993 134309 134523
    2000 136559 136598 136701 137270 136630 136940 136531 136662 136893 137088 137322 137614
    2001 137778 137612 137783 137299 137092 136873 137071 136241 136846 136392 136238 136047
    2002 135701 136438 136177 136126 136539 136415 136413 136705 137302 137008 136521 136426
    2003 137417 137482 137434 137633 137544 137790 137474 137549 137609 137984 138424 138411
    2004 138472 138542 138453 138680 138852 139174 139556 139573 139487 139732 140231 140125
    2005 140245 140385 140654 141254 141609 141714 142026 142434 142401 142548 142499 142752
    2006 143142 143444 143765 143794 144108 144370 144229 144631 144797 145292 145477 145914
    2007 146032 146043 146368 145686 145952 146079 145926 145685 146193 145885 146483 146173
    2008 146421 146165 146173 146306 146023 145768 145515 145187 145021 144677 143907 143188
    2009 142221 141687 140854 140902 140438 140038 139817 139433 138768 138242 138381 137792
    2010 138333 138641 138905 139455 139420 139119 138960 139250 139391 139061 138888

    I posted the Reagan numbers so that those that continue to distort the Reagan record or want to compare Obama to Reagan can see how wrong they were. Don't know why I post numbers because you ignore them.

  9. #559
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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
    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
    It must truly be Greek to liberals, and I thought I was joking ! Your link shows the entire net for W from beginning to end. Prior to the housing burst, he created over 6 million jobs. What I said was that prior to the housing crash, we had plenty of jobs, as you had made a pointless claim about manufacturing in the 80's. If Obama had followed better policies, or if and when a President does, we get those jobs back. Doh !!

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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
    I am not certain what specific democratic initiative you are referring, but I for one believe our tax policies should highly encourage charitible giving. I would be against any efforts to reign in incentives for individuals to give.
    I agree with you. I suppose this easily torpedo's turtle's overgeneralized statement about liberals. Then again, torpedoing overgeneralized statements is always pretty easy.
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