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Thread: Obama to call for middle class tax cut extension

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by lpast View Post
    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.
    There may not be any trickle down, but a rising tide does lift all boats.

    I know how you feel about the Republicans. They are almost as bad as the Democrats.

    The people who sent jobs to China are part of the elite cohort that runs this country. Some are Democrats and some are Republicans. No one is blameless.

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    Re: Obama to call for middle class tax cut extension

    What a joke. ObamaCare is a massive middle class tax increase shifting the burden of indigent health care from corporations and the wealthy to the middle class.

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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...
    The above reads like the posting of a true independent who has never voted democratic in a presidential race. As probably as me beating Michael Jordon in a game of horse. I take that back less probable, there is a chance I could get lucky with the basketball.

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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
    Perhaps we can have king Barack designate a national period of celebration called "ObamaWeek", thanking the upper 2%, for the 8 1/2 days of federal spending actually supported by them for this added "millionaires" tax increase. Yes he can!
    Last edited by ttwtt78640; 07-09-12 at 11:11 PM.
    “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 Fletch View Post
    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?
    This logic comes from the party that told us that cutting $25M from the budget of NPR was all about saving money?

    Sorry, but $85B is one of the most powerful single steps toward balancing the budget on the table. The single biggest thing you can do to balance the budget is to fix the economy. About $500B of the problem is a combination of revenue fall off and unemployment benefits. Add the $85B to that and you are halfway home. Get out Afghanistan and return military spending to Clinton era numbers and you are 3/4 of the way there....

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by joko104 View Post
    What a joke. ObamaCare is a massive middle class tax increase shifting the burden of indigent health care from corporations and the wealthy to the middle class.

    How do you figure that indigent healthcare is paid by the wealthy and corporations? Post some evidence of this or stand down as it makes zero sense.

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by Albert Di Salvo View Post
    There may not be any trickle down, but a rising tide does lift all boats.
    A wonder cliche, but completely meaningless. Please reconcile this claim to our history since 1980 when this shallow slogan was first popularized. Most charts on this show only the yachts rose with the tide while the rowboats and dingys bounced in the rough waters with the occupants getting nothing but sea-sick.
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    Last edited by upsideguy; 07-09-12 at 11:17 PM.

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by upsideguy View Post
    A wonder cliche, but completely meaningless. Please reconcile this claim to our history since 1980 when this shallow slogan was first popularized.
    Are you asking me to dance with you? I'm murder on the dance floor.

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    Re: Obama to call for middle class tax cut extension

    Quote Originally Posted by upsideguy View Post
    This logic comes from the party that told us that cutting $25M from the budget of NPR was all about saving money?

    Sorry, but $85B is one of the most powerful single steps toward balancing the budget on the table. The single biggest thing you can do to balance the budget is to fix the economy. About $500B of the problem is a combination of revenue fall off and unemployment benefits. Add the $85B to that and you are halfway home. Get out Afghanistan and return military spending to Clinton era numbers and you are 3/4 of the way there....
    How quickly we forget. We spent more than that last Fridy on the student loan interest rate subsidy. Oh, well.
    “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 ttwtt78640 View Post
    How quickly we forget. We spent more than that last Fridy on the student loan interest rate subsidy. Oh, well.
    In the case of student loan interest subsidy, this was an INVESTMENT in the future of the US workforce. Unlike wars and military spending, there is a very tangible return from a educated workforce. These are LOANS, not grants. We have subsidized the interest (which BTW, is still way above the fed funds rate, the subsidy given to banks).

    Well, as a datapoint of one, I went to college on student loans. I took out $6K of interest deferred loans, back when interest rates were double digit. I have since paid well over $2MM in FIT (I doubt I would have paid 1/10 of that had I not had a college degree). That was a pretty good return for the federal government (though the State of NY may not like the fact that they provided the loans and I left NY for Colorado two years out of college.... so they just got their 6% interest and two years of NY State income tax, back when I made $16K per year).
    Last edited by upsideguy; 07-09-12 at 11:37 PM.

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