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Thread: GOP plan to extend tax cuts for rich adds $36 billion

  1. #481
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by winston53660 View Post
    Any one whoever bought something in this country has paid a tax be they from Timbuktu or wherever.
    the issue is federal income taxes

    you don't pay federal income taxes you should have no say in the application and rate of federal income taxes since you have no skin in the game



  2. #482
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    Re: GOP plan to extend tax cuts for rich adds $36 billion

    Quote Originally Posted by Conservative View Post
    You are kidding, right, SS surplus should go to pay down the public debt? What about the intergovt. holdings which it was taken from? Apparently you don't realize it is your SS money that is being spent on other items? Where is the money going to come from that you expect when you retire and you contributed for decades?

    The surplus in the budget with money taken from govt. holdings isn't a surplus at all. I cannot believe we are having this argument. You obviously don't understand SS.
    Conservative, I fully understand what you are saying. However I am not arguing about the long run sustainability of SS, I am speaking of the unified budget. This is how the federal government reports all of its budget supluses/deficits. By your logic, literally every president since the unified budget was created has been "lying" about his budget balance.

    Unified budget reciepts exceed unified budget expenditures during the years we are speaking of, and this resulted in a decrease in debt held by the public (hence a surplus). You seem to think that internal borrowing is somehow included in the unified budget, which goes against the definition of a unified budget. There was a surplus, by definintion, during the "clinton years" that are in question.

  3. #483
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by Conservative View Post
    Yes, I can see how much you care about fairness, 47% of the people in this country don't pay income taxes but that is ok with you in spite of the fact that they are the ones that use many of the services provided in the budget yet you don't care about raising taxes on the top 2% that pay the most now. Apparently the fair share to you is that the top income EARNERS in this country pay all the taxes.
    You are putting words in my mouth, I never said nor would I say the top income earners should pay all taxes. Going back to the pre Bush level for them is fair in my view. Even at that level they earn so much they would have an effective tax rate lower than much of the middle class.


  4. #484
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by TurtleDude View Post
    the issue is federal income taxes

    you don't pay federal income taxes you should have no say in the application and rate of federal income taxes since you have no skin in the game
    Don't look now, but nobody outside the Congress and President has a say in what the rate of income taxes is.


  5. #485
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by pbrauer View Post
    You are putting words in my mouth, I never said nor would I say the top income earners should pay all taxes. Going back to the pre Bush level for them is fair in my view. Even at that level they earn so much they would have an effective tax rate lower than much of the middle class.
    I know the soundbites but are we really going back to pre-Bush rates for upper income folks. The change will not only bring marginal rates up but will also bring the rates for dividends and capital gains well above the Clinton rates. In addition, as you may know many states looking for funds have raised the state income tax rate for upper income folks. Lastly the HC bill has an add on tax of 3.8% on capital gains for upper income people.

    I just retired, it wasn't worth paying all these taxes, even before these increased rates.

  6. #486
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by Conservative View Post
    you should be ashamed to be drinking that kool-aid

  7. #487
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by TurtleDude View Post
    where do you get off speaking for the top 2%

    you libs always want to pretend that anyone doing better than you do should be soaked because they can afford it

    that is complete crap. How do we give tax cuts to people who don't pay for what they use in the first place

    if you don't make the group that votes for the big government spenders suffer from that spending, they have no incentive to curtail the budget busting nonsense
    tell me, where is the sense in giving tax breaks to those that don't need them?? why should they get more breaks??? if your one of the top 2 %, you already have more money than you will ever need....talking more tax cuts when we have a budget that has been balanced in years...utter stupidity

  8. #488
    Sage
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by randel View Post
    tell me, where is the sense in giving tax breaks to those that don't need them?? why should they get more breaks??? if your one of the top 2 %, you already have more money than you will ever need....talking more tax cuts when we have a budget that has been balanced in years...utter stupidity
    What is your evidence that anyone doesn't need the income they earn and you you understand that it is their money first? Same tired old class envy rhetoric, different day. How about showing us where more revenue going to the govt. actually balanced the budget and paid down the debt. Donc, couldn't do it so give it a try?

  9. #489
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by randel View Post
    you should be ashamed to be drinking that kool-aid
    Really, ashamed? What is it in that video that is false? For some reason you seem to believe it is patriotic supporting the economic policy of this President yet have not explained why it is patriotic supporting a policy that has increased unemployment and the debt?

    Not once have you offered anything to put 16 million people back to work and are of the misguided opinion that taking someone else's money and giving it to the govt. is better than those people using their own money to contribute to charity.

  10. #490
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by pbrauer View Post
    You are putting words in my mouth, I never said nor would I say the top income earners should pay all taxes. Going back to the pre Bush level for them is fair in my view. Even at that level they earn so much they would have an effective tax rate lower than much of the middle class.
    Have you not said that the rich need to pay "their fair share?" What exactly is "their fair share" in your world? Again with the tax rates? Did the rich people pay more or less in actual taxes due to the Bush tax cuts?

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