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Thread: Obama: I'll cut $4 trillion

  1. #161
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by justabubba View Post
    such an in depth rebuttal
    color me convinced
    I wasnt trying to convince you or anyone else of anything...it was my opinion

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by justabubba View Post
    i tire of having to explain posts to you. this is the last time

    read this:
    notice how turtledude compares the tax he pays with other forum members
    either he knows how much others pay in taxes or he doesn't know what he is posting about
    i asked the question to be certain it was the latter ...

    from here out you have to keep up on your own (or with another's assistance)
    Who cares what you tire of. You seem to be jealous of anyone who actually earns a fair wage. I tire of you as well. So let's make a pact. You don't post to me and I will not post to you.

    I would rather save this time debating with people who have some undestanding of finance ot econmics on topics like these. So you need not apply.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by washunut View Post
    Look the base of his party. It would be ineresting to see what the total tax receipts are from his supporters. Back out the guilty rich hollyward stars and my sense is it would be tiny. Then look at how much Obama has thrown their way.

    I am just guessing, but my snese is that many people who have comfortable retirement savings will be leaving this country, especially if he raises the death tax. it will also be a boon for tax accountants.

    So he can try and raise my taxes. The result will be the U.S. will get zero and some other nation will be very happen to have a new resident who adds to their economy.

    This is already happening to corporations as they move their headquarters. Who wants to put up with a moronic Wolf Blitzer demonizing a great company. I would bet dollars to doughnuts ne has no clue about the tax situation at GE. He never mentions that the finance arm lost billions a couple of years ago and has tax loss carry forwards.they also get incentives that Obama put in place as they have a huge green energy division. The people of this country ae financially illitierate. This allows headline grabing talking heads to spew their hatred and envy and their audiance eats it up becuase they dn't have a clue.
    a guy i grew up with was the son of a man who made millions in prefab home stuff. the son started his own company supporting that business. when dad decided to retire, he sold the business and moved to the Turks and Cacos. 50-75 million that the death tax won't get. as the economy globalizes more and more people can offshore and avoid the parasites. and those who depend on parasatizing others are going to have to take more and more from those who are left to sustain the habits of their addicted constituents



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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by washunut View Post
    Who cares what you tire of. You seem to be jealous of anyone who actually earns a fair wage. I tire of you as well. So let's make a pact. You don't post to me and I will not post to you.

    I would rather save this time debating with people who have some undestanding of finance ot econmics on topics like these. So you need not apply.
    now that is some serious smack

    bravo

    that's a good one to say "good night" on



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    Re: Obama: I'll cut $4 trillion

    Most who run their mouths they will leave the country dont, if they do they all come back...its a treacherous world out there no place is as safe as the USA. I say whoever wants to go...cya <wave>

    Obama should not raise taxs and Ryan should not decrease taxs.
    Before I will agree to any plan, it needs to include a moratorium on all foreign aid, it needs to end subsidies for Rich corporations and pulling troops out of ridiculous spots in the world like Germany
    Dont give me the liberal and conservative never ending BS talking points, I personally dont want to hear your crap anymore.

    Were in debt fine, we have to do something about it..yes we do...but decreasing taxs does NADA for it and increasing them wont help...take that off the table on both sides till we are OUT OF DEBT then revisit it.
    Cuts to medicare and social security and medicaid need to be coupled with as I stated stopping all foreign aid and subsidies but neither of them even gave that a mention or the billions it costs of for illegal immigration. Both liberals and conservatives are blowing smoke...The teaparty is only interested in taking from the middle class and giving to the rich and thats what ryans whole plan is all about or he wouldnt have been dumb enough to add tax cuts for only the richest americans...lets get serious lets get real and lets stop the left wing and the teaparty bs
    Heres a little tidbit for my conservative friends...before Paul Ryans plan to enhance the rich and mangle the middle class plan came out...only 40% of americans were for increasing taxs on the rich...a new poll shows that number rose to 69%..know why ? middleclass and lower middleclass republicans are getting unhappy with the teapartys far right crap....Ok now all you diehard right wingers can take turns insulting me Im a big boy I can handle it...lol
    Last edited by lpast; 04-14-11 at 01:06 AM.

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    Re: Obama: I'll cut $4 trillion

    I just skimmed over the proposal and I have to say, it sucks. Government spending is going to exceed 40% of GDP in his plan? Are you kidding me?

    Who said he owns the debate now? He doesn't own the debate unless he's trying to lose.
    You, my brothers and sisters, were called to be free. But do not use your freedom to indulge the flesh; rather, serve one another humbly in love.For the entire law is fulfilled in keeping this one command: “Love your neighbor as yourself.”

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by ksu_aviator View Post
    I just skimmed over the proposal and I have to say, it sucks. Government spending is going to exceed 40% of GDP in his plan? Are you kidding me?

    Who said he owns the debate now? He doesn't own the debate unless he's trying to lose.
    Ryan doesnt own the debate either...both plans suck...they dont address the real wasteful spending...ryans plan only attack entitlements and gives a gadzillion in tax cuts to the richest americans...americans arent going to buy it when the truth comes out

    Stop giving hundred of billions to other countries STOP IT NOW at least until we get our house in order...I put this in another post and Ill repost it here...anyone with a brain the size of a pea knows big oil should not get s a dime in subsidies theyve been getting them for decades and they enjoyed super profits and CEOs with 400 million dollar retirements that WE ALL PAY FOR everytime we pay 4bucks a gallon for gas..stop all the subsidies unless there extenuationg circumstances...just doing those two things will save billions. Entitlements didnt cause this debt all alone...GE making 14billion and getting a 200 million tax credit instead of a tax bill is a fine example....
    I for one am one american who is tired of listening to the BS I want to hear something real.
    Last edited by lpast; 04-14-11 at 01:15 AM.

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    Re: Obama: I'll cut $4 trillion

    So, he's going to cut spending by $4T over 12 years, while the Republicans say they'll cut it by the same amount in 10.

    sure, sure, no doubt.

    It sounds a lot like the campaign, when McCain said he would cut the deficit in half in four years, and Obama promised five. Words, meaningless words, goals that, even if achieved would not put our financial house in order.

    Four trillion over 12 years amounts to an average of $300B a year, out of a deficit of 1.5 T, or 1/5 reduction on average per year.

    Big deal.

    We seriously need to balance the budget and start paying back the debt. The debt currently amounts to roughly one year's GDP.

    If everyone paid a 100% tax, and were willing to continue to work, that is, for one year, that would pay off the debt, except for that year's spending of course.

    The entire federal budget in 2000 was 1.7T, almost as much as the deficit alone is this year. Does anyone think that is sustainable? Anyone... anyone... going once, going twice, confirmed and implausible.
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by TurtleDude View Post
    what do you for living justabubba

    I paid over 300K in FIT last year

    how about you?
    If this is really true, it doesn't make much sense spending so much of your time here at DP. I'll bet your only one paying $300K a year in FIT that spends major time on a forum such as DP.


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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Dittohead not! View Post
    So, he's going to cut spending by $4T over 12 years, while the Republicans say they'll cut it by the same amount in 10.

    sure, sure, no doubt.

    It sounds a lot like the campaign, when McCain said he would cut the deficit in half in four years, and Obama promised five. Words, meaningless words, goals that, even if achieved would not put our financial house in order.

    Four trillion over 12 years amounts to an average of $300B a year, out of a deficit of 1.5 T, or 1/5 reduction on average per year.

    Big deal.

    We seriously need to balance the budget and start paying back the debt. The debt currently amounts to roughly one year's GDP.

    If everyone paid a 100% tax, and were willing to continue to work, that is, for one year, that would pay off the debt, except for that year's spending of course.

    The entire federal budget in 2000 was 1.7T, almost as much as the deficit alone is this year. Does anyone think that is sustainable? Anyone... anyone... going once, going twice, confirmed and implausible.
    I agree and you dont do that with either plan...ryans plan is dead in the water giving tax cuts to the richest americans ending the death tax and some other taxs his plan is more about giving the rich more than anything else and taking from the middleclass..I predict his plan will get more and more unpopular as it becomes more well known...Obamas plan is just as bad.
    They need HUGE cuts like all foreign aid immediately..bring troops home from worthless posts around the world. Stop corporate gimmes subsidies tax breaks. Then work on SS and medicare and other entitlements without ripping everyones heart out.
    Then when the debt is controlled revisit tax cuts for and other I WANTS. If they are going to be serious tax cuts off the table tax increases off the table then cut they real deal THEN work on entitlements...all ive seen from both sides is the lefts and rights wish list with the middle class paying the bill...pffffffffft

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