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Obama to call for middle class tax cut extension

If you want to talk about a deal to raise taxes in return for spending cuts, I would say okay...if you reversed the order.

When spending is cut by a particular amount, then taxes could be increased by a certain amount...as long as the tax increases were across the board.

Any time taxes are raised with the promise to cut spending...we only get the tax increases. The spending cuts never seem to happen.

The Republicans would go along with that...probably including the Tea Party guys. But I really don't think the Democrats would like it.

Oh, well.
 
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I believe the middleclass is pissed off enough at him from the huge tax hike on them in the form of Obamacare.

Get real. Obamacare is not a "huge tax hike" You need to get your news from sources other than Fox.
 
If you want to talk about a deal to raise taxes in return for spending cuts, I would say okay...if you reversed the order.

When spending is cut by a particular amount, then taxes could be increased by a certain amount...as long as the tax increases were across the board.

Any time taxes are raised with the promise to cut spending...we only get the tax increases. The spending cuts never seem to happen.

The Republicans would go along with that...probably including the Tea Party guys. But I really don't think the Democrats would like it.

Oh, well.


Nonesense...they have not gone along with it.....remember grover numbnuts Norquist FORCING everyone to sign the pledge....The republican platform and agenda is THIS....Cut everything from the middleclass and Poor...to pay down the deficit....give TAX CUTS to the rich and corporations and reduce all regulations to make it even easier for them to pull DIRTY DEALS and steal...like Jp Morgan and Barclay...and the recent drug companies...who stole and did dirty deals anyway.
 
I would think middle class tax cuts would be something both sides could agree with.
 
ok, how about we don't extend the tax-cuts for the rich...but ONLY use that money to reduce the deficit, and in exchange cut SS and Medicare and other programs by the same amount each year.

sound good?

I would bet good money that most conservatives would take that deal.

Problem is, we learned what is considered a bargain. What was that last great compromise? $1T now for $1T over ten years?
 
I would think middle class tax cuts would be something both sides could agree with.

Thanks we saw Obama's speech, we don't need an rerun.
 
sigh...

This thread is about the "Bush Tax Cuts"...current tax policy. Not about proposals from anyone about future tax policy. The fact that you bring such stuff up is indicative of a lack of reasonable debate on this thread's topic.


YOUR words 'dude'
Originally Posted by Mycroft View Post
More spin, dude.
The Republicans want to keep taxes at current levels for everyone.

Be honest, dude. Nobody is calling for any kind of tax cuts...no matter how you spin it.

So when I point out that YOUR candidate is calling for tax cuts, that the young google-eyed supposed economic master Paul Ryan has called for tax cuts, your answer is denial of your own words. No wonder there is such little constructive dialogue when one side really really refuses to admit error or even to accept reality.

Austerity is not working in those countries which are trying it - best examples being England and Ireland, where drastic cuts in government spending have led to worsened economies. Tax cuts haven't worked - see present situation. The sainted Ronnie Reagan tried tax cuts and quickly realised they were a disaster and proceeded to raise taxes at least 11 times during his time in office. Of course at the same time he exploded the military budget and as a consequence tripled the national debt during his time in the White House.
 
Get real. Obamacare is not a "huge tax hike" You need to get your news from sources other than Fox.

Do you know all the tax increases and changes to the tax code that will effect most people? Or are you just getting your news from msnbc?
 
Nonesense...they have not gone along with it.....remember grover numbnuts Norquist FORCING everyone to sign the pledge....The republican platform and agenda is THIS....Cut everything from the middleclass and Poor...to pay down the deficit....give TAX CUTS to the rich and corporations and reduce all regulations to make it even easier for them to pull DIRTY DEALS and steal...like Jp Morgan and Barclay...and the recent drug companies...who stole and did dirty deals anyway.

It's hard to take you seriously when you employ so much hyperbole...


Just sayin...
 
YOUR words 'dude'


So when I point out that YOUR candidate is calling for tax cuts, that the young google-eyed supposed economic master Paul Ryan has called for tax cuts, your answer is denial of your own words. No wonder there is such little constructive dialogue when one side really really refuses to admit error or even to accept reality.

Austerity is not working in those countries which are trying it - best examples being England and Ireland, where drastic cuts in government spending have led to worsened economies. Tax cuts haven't worked - see present situation. The sainted Ronnie Reagan tried tax cuts and quickly realised they were a disaster and proceeded to raise taxes at least 11 times during his time in office. Of course at the same time he exploded the military budget and as a consequence tripled the national debt during his time in the White House.

My words are to be taken in the context of the topic...not spun or deflected to include every tom, dick and harry issue you, or anyone else, wants to try to connect them to.

Show me any Congressman who wants to reduce taxes in connection with the Bush tax cuts...and we'll talk.
 
My words are to be taken in the context of the topic...not spun or deflected to include every tom, dick and harry issue you, or anyone else, wants to try to connect them to.

Show me any Congressman who wants to reduce taxes in connection with the Bush tax cuts...and we'll talk.


A fine example of goal posts mounted on trailers, towed by the vehicle of your choice.

Is Paul Ryan a Congressman? Is Ron Paul a Congressman?

Is the following article a lie? House GOP introduces first flat tax bill of the Congress

Somehow I doubt seriously that Mycroft will "talk" on this issue - 'cause so far he's been nothing but wrong while continuing to revel in his wrongness
 
A fine example of goal posts mounted on trailers, towed by the vehicle of your choice.

Is Paul Ryan a Congressman? Is Ron Paul a Congressman?

Is the following article a lie? House GOP introduces first flat tax bill of the Congress

Somehow I doubt seriously that Mycroft will "talk" on this issue - 'cause so far he's been nothing but wrong while continuing to revel in his wrongness

sigh...

I have moved no goalposts.

What, exactly, does this Ryan bill have to do with the Bush tax cuts?

Now, dude, if you want to talk about this Ryan bill, then start a thread about it. But don't expect me to entertain your attempts to deflect from the topic of THIS thread...especially when you try to use my words in your deflection.
 
Please explain this $4000.00 benefit. I'm not disputing your words but I'm asking for definitive clarification. How does the "middle class" get this $4000.00 and where does this money come from?

Thank you.

Sorry, I realize this was way back on page 2 but I lost track of this thread. $4,000 is the average benefit that a family who qualifies for premium assistance would receive in subsidies. It will be paid for by the taxes, penalties, and fees in the Act.

Much more detail available here: Middle-class tax hikes or tax breaks: which is greater under ‘ObamaCare’? - The Washington Post
 
Sorry, I realize this was way back on page 2 but I lost track of this thread. $4,000 is the average benefit that a family who qualifies for premium assistance would receive in subsidies. It will be paid for by the taxes, penalties, and fees in the Act.

Much more detail available here: Middle-class tax hikes or tax breaks: which is greater under ‘ObamaCare’? - The Washington Post

You have to like that, the middle class will have to pay taxes, penalties and fees to fund the Act.
 
Do you know all the tax increases and changes to the tax code that will effect most people? Or are you just getting your news from msnbc?

OK... let's deal in facts. Yes, there is a surcharge on incomes over $200K on medicare; a luxury tax on high value plans and the penalty for not following the mandate, the latter of which is expected to contribute about $7B per year (chicken feed by Fed standards). On the offset, there will be tax credits to employers to help subsidize the provision of health benefits for their employees. Most of these taxes kick in latter part of the decade. Yes, there is a tax increase component to this, but 1) not much and 2) offset by the $120B saved in our health care system for providing extremely expensive emergency care services to the indigent and others that can not pay, 75% of which is paid by the federal government, with about $40B absorbed into private insurance costing the average family over $1,000 per year.

According to the CBO, the ACA is expected to cost $928B over 10 years, but in the process reduce the budget deficit by $138B over the same period.

The most important tax increase in ‘Obamacare’
Health Care Reform News - The New York Times
Unpaid hospital tab $49B each year - USATODAY.com
Unpaid care hikes private insurance premiums by billions - amednews.com

So, yes, there is an element of taxation to this; but it is a tax that has very tangible savings and on a net-net basis, puts the government and its citizens on much sounder financial and personal wellness foundation.
 
So the answer to the question is you do not know all the new taxes and tax changes that will effect many people.
 
So the answer to the question is you do not know all the new taxes and tax changes that will effect many people.

Perhaps instead of your vague assertion you might add some intelligence to the conversation by telling us what the h you are talking about. This says nothing. You made the original assertion this was a huge tax increase, but you seem to be unable to substantiate your claim. I, OTH, gave you a ton of references, which you could at least read and provide some intelligent commentary or retort.

Sorry, but you seemingly have proven my original assertion that you get your news from some right wing talking head and really have no comprehension of what they are saying, you can only recite the mantra.

Let me help you: its hardly the major tax increase you purport it to be... and it is a deficit reducer, so to the extent there are taxes involved, it has a clear payback.
 
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It is funny to watch people rant and spin to cover their own ignorance on the topic. It really shouldn't be that hard for you to find out that other than the 'penalty' for not having insurance, there are several other tax items and changes in the whole of the ACA bill. I understand that it is easier for you to just throw a fit than to do a little digging. Unfortunately that's true for most Americans.

I'm betting the long term outcome you see for the ACA is just as short sighted and guided by ignorance. Doctors are already looking into 'getting out', larger hospitals are buying out smaller practices to ensure referrals go to them rather than a smaller competing hospital down the road. This of course effects income to the smaller hospitals, and employees are already fearing the security of their jobs. This is real life crap, and real consequences of BAD legislation. I see it every day.
 
According to the CBO, the ACA is expected to cost $928B over 10 years, but in the process reduce the budget deficit by $138B over the same period.

that is no longer true, as we move closer and closer to the dates of actual implementation. For ten years of actual Obamacare the costs are a shade under three times that, and the deficit explodes.
 
The deficit hasn't explored yet? I mean like a long friggin time ago? Damn where have these budget hawks been?
 
The deficit hasn't explored yet? I mean like a long friggin time ago? Damn where have these budget hawks been?

Who cares about the past? Will caring about the past solve the problems of today...and tomorrow? I think not.

Sure, the deficit has exploded...and it'll keep on exploding unless something is done now. Here are a few things we can do:

1. Get rid of Obamacare before it has a chance to really harm the country.
2. Keep taxes stable so as to generate confidence in the business and consumer arenas.
3. And most importantly, reduce the size, scope and control of the Federal Government. We MUST reduce spending!!
 
I would think middle class tax cuts would be something both sides could agree with.


In normal times it would be a no brainer...today however, with the Grover Norquist and the Paul Ryans and the teaparty in general, anything more than tax cuts for just the rich are filthy treasonous unconstitutional words. The name of the far right game is take pensions and health benefits from private and public workers, lower their pay...cut social security and medicare, repeal obamacare and give huge tax breaks to the rich individuals and corporations that do not pay anywhere near what they are supposed to anyway an in alot of cases pay NOTHING...all while they outsource every middleclass job they can...and
Thats the reason Romny isnt 10 full points ahead of obama with the economy in the toilet like it is....Recent Rasmussen poll shows the teaparty is viewed unfavorably by most of the country...Gallup Poll shows the teaparty even LESS popular. The new far right teaparty house of representatives are at the lowest approval rating of any congress session ever....they have not only accomplished NOTHING....they have caused more harm
 
:roll: How beneficent of Obama to offer not to raise my taxes for a whole 'nother year in return for which he only demands that I agree to enable him to permanently raise taxes on others.
 
In normal times it would be a no brainer...today however, with the Grover Norquist and the Paul Ryans and the teaparty in general, anything more than tax cuts for just the rich are filthy treasonous unconstitutional words. The name of the far right game is take pensions and health benefits from private and public workers, lower their pay...cut social security and medicare, repeal obamacare and give huge tax breaks to the rich individuals and corporations that do not pay anywhere near what they are supposed to anyway an in alot of cases pay NOTHING...all while they outsource every middleclass job they can...and
Thats the reason Romny isnt 10 full points ahead of obama with the economy in the toilet like it is....Recent Rasmussen poll shows the teaparty is viewed unfavorably by most of the country...Gallup Poll shows the teaparty even LESS popular. The new far right teaparty house of representatives are at the lowest approval rating of any congress session ever....they have not only accomplished NOTHING....they have caused more harm

Well, you've managed to hit just about every liberal talking point in your screed...and you managed to inject a fair amount of hyperbole, as well.

Good job.
 
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