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Thread: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

  1. #91
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Erod View Post
    No, they won't. If businesses can and do expand, and you cut unemployment in half, you can add a HUGE number of people to the taxable base AND take them off the unemployment benefits payroll.

    Of course, with 13 more months of unemployment coming, many will just choose to continue to sleep 14 hours a day and play.

    If you want to cut the deficit, the ONLY way is to drastically cut spending, primarily on wasteful and useless welfare programs. But those are the Dems pet projects they use to ensure votes.
    Watch the EU, and their austerity programs. We are next....
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by UtahBill View Post
    Watch the EU, and their austerity programs. We are next....

    Some of those programs seem to be working...I hope we are next.....I say Christie for Prez.


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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by disneydude View Post
    How are Republicans proposing that we pay for the two trillion in cuts that Republicans want to give to the wealthiest Americans? That's the thing about you Republicans, you want all kinds of tax breaks for the wealthy, but you have no ideas about how to fund them.
    The problem with Liberals, you want all this tax revenue, but have absolutely no idea how to get it, other than soaking rich folks.

    if it were really about generating tax revenue and not just about screwing people that you think have made too much money, you would propose that the folks who qualify for the earned income credit cough up a few hundred dollars a year. Anyone, in the middle class can afford to cough up $500 in taxes a year. How many billions would that come to?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by apdst View Post
    The problem with Liberals, you want all this tax revenue, but have absolutely no idea how to get it, other than soaking rich folks.

    if it were really about generating tax revenue and not just about screwing people that you think have made too much money, you would propose that the folks who qualify for the earned income credit cough up a few hundred dollars a year. Anyone, in the middle class can afford to cough up $500 in taxes a year. How many billions would that come to?
    LOL, they want the deficit reduced as long as they don't have to do one damn thing to help.

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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by UtahBill View Post
    Watch the EU, and their austerity programs. We are next....
    Perhaps. Cutting government spending is the only way though. The only way.

    I'm not even sure those Europeans know what they're protesting.

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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Conservative View Post
    This country doesn't have a revenue problem, it has a spending problem. So what you are saying is that every dime spent by the Federal Govt. is necessary and cannot be cut? If I have less revenue I cut spending and that happens when taxes are raised>
    Sure, this is true. The reality is that they won't even come close to cutting that much spending though. Keeping this reality in mind, we have a revenue problem.
    Quote Originally Posted by faithful_servant View Post
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by independent_thinker2002 View Post
    Sure, this is true. The reality is that they won't even come close to cutting that much spending though. Keeping this reality in mind, we have a revenue problem.
    or both....
    During my Navy years I observed some funds being wasted, and the excuse was, if we don't spend all of this year's budget, they will reduce next years budget....sounds really stupid to me.....
    Oracle of Utah
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by apdst View Post
    You can't increase them more than what the market can bear. If you price your custimers out of business, you'll permanently decrease your revenue. In that case, you're going to have to trim some fat off your operation, in order to be within your monthly budget.
    If the businesses are filing personally and are making a profit of $250,000+, I don't think there is a threat of them going out of business.
    Quote Originally Posted by faithful_servant View Post
    Being a psychiatric patient does not mean that you are mentally ill.



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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Zyphlin View Post
    Then why are you wanting to give them MORE money when they've shown absolutely zero ability to actually reduce spending, stop being wasteful, and actually worry about the deficit with real actions?
    It's a lesser of two evils. A government shutdown would be worse.
    Quote Originally Posted by faithful_servant View Post
    Being a psychiatric patient does not mean that you are mentally ill.



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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by independent_thinker2002 View Post
    If the businesses are filing personally and are making a profit of $250,000+, I don't think there is a threat of them going out of business.
    You know that there's a difference between taxable income and profit. Right?

    Not every business expense is deductable. So, just because a company is reporting $250,000, doesn't mean that they have $250,000 just sitting in the bank.

    I wish it were that simple.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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