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Thread: Obama to call for middle class tax cut extension

  1. #51
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    Re: Obama to call for middle class tax cut extension

    We've had guns and butter (sounds kind of dated don't it?) for over a decade. Thats because we are the only country that doesn't have to get dollars to do their monkey business with. We are ones who print them.

    Wether the tax cuts expire or are renewed, we are too far gone to recover. Obama is a pussy, so I'll guess that we'll be extending all the tax cuts.

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by specklebang View Post
    We've had guns and butter (sounds kind of dated don't it?) for over a decade. Thats because we are the only country that doesn't have to get dollars to do their monkey business with. We are ones who print them.

    Wether the tax cuts expire or are renewed, we are too far gone to recover. Obama is a pussy, so I'll guess that we'll be extending all the tax cuts.
    he has ordered ICE to not enforce certain immigration laws.

    is there also a way he can order the IRS to not enforce the Bush tax-cuts on the weathy, using Executive discretion?

  3. #53
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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by lpast View Post
    Thats a trillion over 10 yrs and thats a trillion the gop doesnt have to steal from the working class ...get the picture
    Thats about $85 billion per year. Last years deficit was $1.3 trillion. Take away that $85 billion and you have $1.215 trillion and you have taken $85 billion in potential economic activity out of the economy. Other than temporarily satisfying the insatiable envy of the left, what does it accomplish?

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by lpast View Post
    Well albert thats all I hear from the teaparty types and DPF far righters...we have to cut Social Security, Medicare, Medicaid, Defense, take guaranteed pensions and take from the troops...then they say..>WE NEED TAX CUTS FOR CORPORATIONS and the rich so they can create jobs....Im so sick of the B*******T lie that it made dump the republican party after 43 yrs...and I aint goin back...
    There's some truth in what you say. But when I think of the Democratic Party today I think of Jon Corzine, John Edwards, George "Solyndra" Kaiser, Denise "I renounce my US citizenship" Rich, George Soros, Tim "tax cheat" Geithner, and a whole host of other bad people.

    When I was a Democrat we had heroes like George Meany, Walter Reuther, Skip Jackson and Daniel Patrick Moynihan. They have all been replaced by a lesser breed.

    Btw, I gave up on the Republicans too. But they aren't as dangerous as this current crop of fat cat Democrats like this bogus Chuck Shumer and his ilk. Posers.
    Last edited by Albert Di Salvo; 07-09-12 at 09:07 PM.

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by Albert Di Salvo View Post
    There's some truth in what you say. But when I think of the Democratic Party today I think of Jon Corzine, John Edwards, George "Solyndra" Kaiser, Denise "I renounce my US citizenship" Rich, George Soros, Tim "tax cheat" Geithner, and a whole host of other bad people.

    When I was a Democrat we had heroes like George Meany, Walter Reuther, Skip Jackson and Daniel Patrick Moynihan. They have all been replaced by a lesser breed.

    Btw, I gave up on the Republicans too. But they aren't as dangerous as this current crop of fat cat Democrats like this bogus Chuck Shumer and his ilk. Posers.

    Albert im not a democrat...Im just not a republican anymore...I dont like either of them....I refuse to walk any party line...I refuse to spout a parties talking point and and argue it on a forum when I dont truly believe in it in my heart. I think that happens here on both sides OFTEN.
    Im 65 yrs old and im here to tell you there is no trickle down...thats a gop talking point to get what they can for their rich constituency.
    Their ageless BS story is we need tax cuts so we can invest them into our business and grow the business....hogwash...Since the bush tax cuts no jobs have been created HERE...they grabbed the tax cut and promptly sent more jobs to china.
    The gop has done NOTHING but stonewall and try to cut everything for everyone but the 1% and of course give them more tax cuts...
    Im for cutting entitlements, Im for reforming...I am not for reverse class warfare and that is honestly and truthfully precisely what I see the gop engaging in and they have been since obama got elected.
    I HAVE NEVER VOTED FOR A DEMOCAT in my life....NEVER to this day..I have not voted for a democrat for president EVER...this will be my first.

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by lpast View Post
    Finally Someone trying to do something for the class that carries this country, in WARS and economically by doing the LABOR and actual WORK...that produces our economy.
    Its refreshing to have someone care about those that really need a break and not just slobbering all over themselves sniveling about how very bad the 1% that has 99% has it....


    President Obama returns to the tax issue today, with plans to call for a one-year extension of George W. Bush-era tax cuts for the middle class.Obama will again call for letting the Bush tax cuts for the wealthy to expire at the end of the year, saying the revenue can be used to help reduce debt and finance middle class programs like education.
    "President Obama today will push for extension of middle class tax cuts," tweeted White House Communications Director Dan Pfeiffer. "Will the GOP join him to provide certainty for 98% of Americans?"


    Obama to call for middle class tax cut extension
    Oblama is a pimp and he is pandering to people like you

    He ran on the argument that the Bush tax rates were "tax cuts for millionaires"-a lie of course and he now wants to retain the same tax cuts he denigrated-as long as he can use them to buy the votes of the many and fuel class hatred

    The rich already pay too much of the tax burden and the pimp's scheme will only make that worse

    on top of that, keeping the middle class tax rates will convince many of the weak minded that the deficit is not that bad and as long as the rich are screwed over by the pimp, the middle class can continue to demand lots of spending without the middle class having to pay more taxes

    the good news is that Boehner et al are going to give Oblama the same choice they gave him last time

    everyone keeps the current tax rates or everyone pays more. They are going to send dingy hairy Reid a bill that makes the cuts for EVERYONE permanent. If Harry bottles that up or if the Pimp vetoes it, the dems will be to blame

    Message to the pampered indolent middle class-you want to keep your tax cuts you are going to have to keep your class envy in your pants
    Last edited by TurtleDude; 07-09-12 at 10:26 PM.

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by TurtleDude View Post
    Oblama is a pimp and he is pandering to people like you

    He ran on the argument that the Bush tax rates were "tax cuts for millionaires"-a lie of course and he now wants to retain the same tax cuts he denigrated-as long as he can use them to buy the votes of the many and fuel class hatred



    The rich already pay too much of the tax burden and the pimp's scheme will only make that worse

    on top of that, keeping the middle class tax rates will convince many of the weak minded that the deficit is not that bad and as long as the rich are screwed over by the pimp, the middle class can continue to demand lots of spending without the middle class having to pay more taxes

    the good news is that Boehner et al are going to give Oblama the same choice they gave him last time

    everyone keeps the current tax rates or everyone pays more. They are going to send dingy hairy Reid a bill that makes the cuts for EVERYONE permanent. If Harry bottles that up or if the Pimp vetoes it, the dems will be to blame

    Message to the pampered indolent middle class-you want to keep your tax cuts you are going to have to keep your class envy in your pants

    Cant pander to me...Im not poor and im upper middle class and I paid a higher percentage of tax than your sleezebag romney did...you know the guy that wont even tell us his Financials...yeah that guy the one hiding the truth.

    Romny has been a rich mans slut since the day his father stuck the golden spoon in his arse in the hospital bassinet...he is clueless to what a real american is and hes been so insulated in life by being born rich he is clueless...get off the soapbox turtle...no one believes you anymore lol...

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by lpast View Post
    Cant pander to me...Im not poor and im upper middle class and I paid a higher percentage of tax than your sleezebag romney did...you know the guy that wont even tell us his Financials...yeah that guy the one hiding the truth.

    Romny has been a rich mans slut since the day his father stuck the golden spoon in his arse in the hospital bassinet...he is clueless to what a real american is and hes been so insulated in life by being born rich he is clueless...get off the soapbox turtle...no one believes you anymore lol...
    so you are making over 200K a year--that is the level of income it takes to be paying an effective rate of 14% or so.

    Your pathetic class envy is a reflection on you, not Romney.

    I don't lie-you do

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by Thunder View Post
    he has ordered ICE to not enforce certain immigration laws.

    is there also a way he can order the IRS to not enforce the Bush tax-cuts on the weathy, using Executive discretion?
    A "win" for Obama on this moronic tax increase gesture will fund the federal gov't for about 8 or 9 DAYS with this piddly "revenue enhancement", yet the left will leap about and squeal with joy that the rich have paid a bit more of their "fair share", sober up and demand yet more. Note that the ONE YEAR student loan interest rate subsidy, passed last Friday, cost MORE than this "millionaires" FIT rate increase brings in. Yes he can!
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by Phoenix View Post
    They should let the tax cuts expire. This one year, two year extensions are not contributing to stability. Businesses (and people) don't know what their tax rate is going to be next year so they hold off on spending money until they see what happens. Stability is what we need right now.
    Sorry, as a business owner I can tell you that is complete silliness. I do what I do to make a profit. I do not make my decisions based upon tax rates, but based upon revenue growth and operating income. I certainly do not hold off on growing my business because I am afraid of taxes. Maybe if more than 1/2 my income were taxed I suppose I might pause, but that his hardly the case.

    Anyone that would tell you otherwise is either disingenuous or no idea how to run a business. Income tax is a tertiary concern of operating decisions in a business. Remember, you must have good income before taxation even enters the picture. Even if you do have this "good income", the split between what you keep and what you pay in taxes is still hugely in your favor (as long as marginal rates are under 50%). Sorry, it makes zero sense to ever hesitate in decisions that increase profit??? Its silliness or ignorance to think otherwise.
    Last edited by upsideguy; 07-09-12 at 11:05 PM.

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