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Thread: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by TurtleDude View Post
    your understanding of cause and effect is as pathetic as your hatred of the rich. What I want is

    1) no income or estate taxes

    2) courts that actually take the tenth amendment seriously
    Ahh so you take the view that tax is theft and you want 0% income and estate tax. Congratulations for having a consistent view!

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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by SirPwn4lot View Post
    Ahh so you take the view that tax is theft and you want 0% income and estate tax. Congratulations for having a consistent view!
    i prefer use taxes but I realize there are some who cannot even pay that and a percentage of that group deserves public support. so I think a consumption tax is the best method since it

    1) captures lots of untaxed income (ie illegal incomes that are not taxed federally at this point)

    2) castrates the power of congress to pit net tax payers against net tax consumers by playing games with income tax issues

    3) eliminates much of the time and effort wasted complying with the income tax code

    4) rewards thrift and saving

    In the alternative a flat tax with some threshold below which there is no tax would be the second alternative. once again, it prevents the many from having their votes bought by promises that only the "rich" will face tax increases.

    we are never going to get the deficit in line until just about everyone has to pay for it



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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by TurtleDude View Post
    The pseudo-intellectual liberals who make up the majority of the left on this board have a stock reply that the rich should just bend over and take it. However, reality suggests that rich people tend to leave when they are gouged too much which is why Sweden's famous tennis stars of the 70s and 80s all lived in Monte Carlo as did some of the German pros like Boris Becker. I know, personally, 5 millionaires who have established residences in places such as the Turks and Cacos or Grand Cayman to prevent the death tax from raping their estates. Now some of the less thoughtful libs will say "good riddance" but as this happens more and more the amount of net tax payers decrease which will cause the parasite mindset to demand others who remain pay more and more


    it is a system that cannot continue to exist for long
    Don't let door hit you where the Good Lord split you.
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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by haymarket View Post
    Don't let door hit you where the Good Lord split you.
    sorry haymarket, I plan on sticking around so when you start your promised revolution I can have some fun



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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by TurtleDude View Post
    sorry haymarket, I plan on sticking around so when you start your promised revolution I can have some fun
    Well there is an upside and a down side to that. The upside being we all get to see you attempt to quickly recant and repent your sins in the hopes of currying favor with the new boss in town. The downside is we have to put up with you in the meantime.
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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by haymarket View Post
    Well there is an upside and a down side to that. The upside being we all get to see you attempt to quickly recant and repent your sins in the hopes of currying favor with the new boss in town. The downside is we have to put up with you in the meantime.
    wrong as usual. But when are you going to start your violent revolution. remember, you were calling for the blood of the rich a couple days ago. are you no longer interested in playing a game for blood?



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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by SirPwn4lot View Post
    My concept of fairness is based on outcomes, not on superficial intermediates. The damage caused by a 5% increase in tax for example, has a significantly higher cost for those who are already spending most of their income, and can barely get by paying their bills, than it does for the mega-rich, whom will see a number in a savings account drop a few digits. Assets have diminishing returns. A 5% increase in income after tax for someone say.... living on under a dollar a day could be the difference between feeding your children or not. A 5% increase in income for someone in the lower class in the United States could mean the difference between being able to pay the bills or not. A 5% increase in income for someone in the middle class could mean the difference between sending your 5 kids through college or not. A 5% difference in income after tax for someone earning a 1 million+ salary could be the difference between a Ferrari and a Porsche. Thus, I consider a 5% tax increase for those earning 1 million+ a near insignificant deduction, while a 5% tax increase for the lower class a devastating blow, and support a progressive tax system.

    A long, long time ago they had a flat tax system in Athens. They would kick those out who couldn't pay the tax. Eventually they changed to a progressive tax system. The progressive tax system is taking it's damn time collapsing.
    If it is insignificant to those who have earned it, then why isn't it insignificant to the govt. that collects it? It remains the principle of the matter which liberals want to ignore. We have been told that it amounts to 700 billion over 10 years or 70 billion a year out of a 3.6 trillion dollar budget and a 1.3 trillion deficit. Make sense to you?

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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by Kev316 View Post
    Sooo... The Clinton tax structure raped millionaires? Because this pseudo-intellectual clap-trap from a small number of conservatives is not based in fact or numbers of any sort. Quite the opposite. 2% of the population still unsatisfied with ruling the roost for the past 35 years is a guarantee that this system cannot exist for too long. You won't even pay for the cuts - or the wars that increased your wealth. The ones the 2% never fight themselves.

    Reagan tax cuts: Recession and banking crisis. Massive debt.
    Bush tax cuts: Recession and banking crisis. Massive debt.

    If you guys were so brilliant, why are we in this mess? The economy should have been zooming right along and middle class incomes would not have dropped $2500.00 or so over eight years. 800,000 private sector jobs would not have been lost over that same 8 years. You something for nothing folks, however, did fine, didn't ya? Your incomes grew exponentially. So please spare the sob story. 2% is making policy for the 98%. That's not any way to run a country, Mussolini.

    As for tennis stars, lmao. More of those high job creation income levels,

    Geez, if you have an estate worth over $10 million (married, $5 million single) and you can't protect it, you need a new accountant. Besides, Obama gave you exactly what you wanted. What's the problem? The fact it came from Obama?
    Please continue to never allow facts to get in the way of your personal opinions and attempts to re-write history.

    BEA links GDP and Receipts/Expense

    U.S. Department of Commerce. Bureau of Economic Analysis

    Please explain the logic of liberal policies that grow the size of govt. and redistribute wealth from those that have earned it?

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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    double post
    Last edited by haymarket; 12-12-10 at 07:07 PM.
    __________________________________________________ _
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    Re: Two Major Conservative Obstacles Emerge To Tax Cut Compromise

    Quote Originally Posted by TurtleDude View Post
    wrong as usual. But when are you going to start your violent revolution. remember, you were calling for the blood of the rich a couple days ago. are you no longer interested in playing a game for blood?
    a couple of days ago I said that I DID NOT want blood - but was fearful that the right wing was setting up a situation where it might happen and could be a reality. that is why we need to correct this economic imbalance right now before it gets bad. What I want is immaterial to the reality of the worsening situation and a very dangerous trend which threatens our entire way of life and nation.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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