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Thread: Unions threaten Business

  1. #381
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    Re: Unions threaten Business

    Quote Originally Posted by Catawba View Post
    You are right that I would have been much happier with a liberal president, but it seems only moderate presidents get elected.

    Even still, Obama has proposed more spending cuts than his Rebublican predecessor in his 2012 budget. And just as importantly has proposed cutting the tax breaks for the most wealty.

    "In his FY 2012 budget, President Obama repeats his call for Congress to end the Bush-era tax cuts for higher-income individuals (which the president generally defines as single individuals with incomes over $200,000 and married couples with incomes over $250,000). The top individual income tax rates would increase to 36 percent and 39.6 percent, respectively, after 2012. For 2011 and 2012, the top two individual income tax rates are 33 percent and 35 percent, respectively. The president also proposes to limit the deductions of higher income individuals.

    Additionally, the president wants Congress to extend the reduced tax rates on capital gains and dividends, but not for higher-income individuals. Single individuals with incomes above $200,000 and married couples with incomes above $250,000 would pay capital gains and dividend taxes at 20 percent rather than at 15 percent after 2012."
    President's FY 2012 Proposals: Higher Taxes on Wealthy, Limited Tax Breaks for Businesses : On-line newsletters, Profitable Solutions for Nonprofits, Bottom Line, Indiana

    In his FY 2012 budget, President Obama repeats his call for Congress to end the Bush-era tax cuts for higher-income individuals ..... tax hike

    Additionally, the president wants Congress to extend the reduced tax rates on capital gains and dividends, but not for higher-income individuals ..... tax hike

    The president proposes to increase the IRS's budget to hire more customer service representatives. .....spending increase

    The president's FY 2012 budget does not include a cut in the U.S. corporate tax rate. .......highest in the world

    President Obama proposes a significant increase in funding for the IRS. Most of the money would go to hiring new revenue officers and boosting enforcement activities... spending increase

    In his FY 2012 budget, the president proposes to return the federal estate tax to its 2009..... tax increase

    The White House and Congress are both looking at ways to cut the federal budget deficit. Taxes are one way. The president's FY 2012 budget proposes a number of revenue raisers, especially in the area of international taxation and in fossil fuel production...... tax increases...

    LIFO. President Obama proposes to repeal the last-in, first-out (LIFO) inventory accounting method .....tax increase

    President Obama proposes to repeal nearly all of these tax breaks for oil, gas and coal companies. ..... tax increases, and increased cost of any of our energy.

    The president's FY 2012 budget proposes to tax carried interest as ordinary income. ...... tax increase...

    Insurance companies are subject to specific and very technical tax rules. ...... tax increases

    yet according to you ....... Even still, Obama has proposed more spending cuts than his Rebublican predecessor in his 2012 budget..... I guess you are going to have to highlight those spending cuts in the link you gave, all I was able to find was typical of a tax and spend liberal ..... more taxes and more spending.
    Last edited by The Barbarian; 03-16-11 at 10:45 AM.

  2. #382
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    Re: Unions threaten Business

    Quote Originally Posted by The Barbarian View Post
    while I can almost agree with the $93,000 I have showed you that your $100. figure is a load of crap, yet you still use it ? why is that ?
    His $93,000 figure is incorrect. His source for this is a comment made on the Congressional Record. The puffery and misrepresentation that's on the Congressional Record is legendary for its inaccuracies. Unless under oath, hyperbole rules.

    How about a $58,000 savings? http://www.nytimes.com/2007/01/08/washington/08tax.html
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  3. #383
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    Re: Unions threaten Business

    Quote Originally Posted by William Rea View Post
    Very colourful. Title? Titles for Axes? Explanation? How did a party have over 120% of the power in the 1940s?
    I expect that chart is one of debt to GDP, the blue years would be years of a democratic congress/senate (both or just one as I am not sure if both were controlled for that length of time on a continuous basis. A far more common chart follows the same baseline but has the colours more broken up as it shows the years of a republican vs democratic presidents


    The 120% value of course would be government debt as a % of GDP

    The graph though seems a little skewed as I believe debt as a % of GDP started to increase in 2001 and not 2003 as the graph shows


    here is a graph of debt to GDP with the pretty colours

    Notice the overall shape is the same with the skewed GDP % around 2001-2003


    Note i posted this before seeing that CPwill posted something similar already
    Last edited by Lord Tammerlain; 03-16-11 at 01:19 PM.
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  4. #384
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    Re: Unions threaten Business

    Quote Originally Posted by The Barbarian View Post
    while I can almost agree with the $93,000 I have showed you that your $100. figure is a load of crap, yet you still use it ? why is that ?
    Because I don't have that high of regard for your opinion.
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    Re: Unions threaten Business

    Quote Originally Posted by Badmutha View Post
    The following letter is being sent out from Wisconsin Unions/THE MOB to Wisconsin Business Owners.......



    Taking "Put the money in the bag.....or were gonna shut you down" to a whole new level.

    This ****ing disgusts me.....these power hungry union slobs are a disgrace to this country......and piss poor excuses for Americans. A Union of little thug dictators.......its no wonder they prostitute for The Democrat Party and The Kenyan Tyrant. Birds of a feather....
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    Hmmm. Sounds like bullying.

    I thought Obama was against that.

  6. #386
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    Re: Unions threaten Business

    Quote Originally Posted by MaggieD View Post
    His $93,000 figure is incorrect. His source for this is a comment made on the Congressional Record. The puffery and misrepresentation that's on the Congressional Record is legendary for its inaccuracies. Unless under oath, hyperbole rules.

    How about a $58,000 savings? http://www.nytimes.com/2007/01/08/washington/08tax.html
    Ha! A different source does not necessarily mean its the correct source. Its strictly your opinion that the NYT is more accurate than the Congressional Record.

    Its more likely to me the Congressional Record is correct at $93,000.

    Congressional Record - Google Books

    Which ever you go, the top tax class get more in tax breaks each year than a Wisconsin teacher's salary!!! We simply can't afford to keep providing those kind of tax cuts to those that need them least, while the middle class declines and our debt grows. As your own article points out:

    "Mr. Bush and his Republican allies in Congress want to permanently extend that tax cut and almost all of the others that Congress passed in his first term. The cost of doing that would be more than $1 trillion over the next decade, a cost that would hit the Treasury at the same time that the spending on old-age benefits for retiring baby boomers begins to soar."
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  7. #387
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    Re: Unions threaten Business

    Quote Originally Posted by Lord Tammerlain View Post
    I expect that chart is one of debt to GDP, the blue years would be years of a democratic congress/senate (both or just one as I am not sure if both were controlled for that length of time on a continuous basis. A far more common chart follows the same baseline but has the colours more broken up as it shows the years of a republican vs democratic presidents
    The 120% value of course would be government debt as a % of GDP
    The graph though seems a little skewed as I believe debt as a % of GDP started to increase in 2001 and not 2003 as the graph shows
    here is a graph of debt to GDP with the pretty colours
    Notice the overall shape is the same with the skewed GDP % around 2001-2003
    Note i posted this before seeing that CPwill posted something similar already
    I'd rather Badmutha came back on the partisan graph posted but I think I understand it a little better thanks to you guys.

    The graph shows Gross debt and Public debt so I assume that the gap is Private debt which has clearly risen dramatically since deregulation commenced in the 1980s but I also speculate whether this debt might have risen sharply because Middle Class standards of living were being maintained by borrowing in the face of a squeeze on their actual income?

  8. #388
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    Re: Unions threaten Business

    Quote Originally Posted by Catawba View Post
    Ha! A different source does not necessarily mean its the correct source. Its strictly your opinion that the NYT is more accurate than the Congressional Record.

    Its more likely to me the Congressional Record is correct at $93,000.

    Congressional Record - Google Books
    Why is the congressional record more likely to be correct?
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  9. #389
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    Re: Unions threaten Business

    Quote Originally Posted by Erod View Post
    Hmmm. Sounds like bullying.

    I thought Obama was against that.
    Hmm so what you're saying is that free market decisions are bullying now? Interesting. Republican support for corporatist pigs will never cease to amaze me. Let me guess, when customers decide to boycott a company because of its policies you call that bullying too? Wait, don't answer that. We know your head will spin in circles trying.
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  10. #390
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    Re: Unions threaten Business

    Quote Originally Posted by Harry Guerrilla View Post
    Why is the congressional record more likely to be correct?
    Congress is who established the temporary tax cuts.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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