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  • No repeal, no changes.

    21 65.63%
  • Yes to repeal.

    2 6.25%
  • Shift cuts from defense to social programmes

    3 9.38%
  • Shift cuts from social programmes to defense

    6 18.75%
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Thread: Do you support repealing the automatic trigger or changing it?

  1. #41
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    Re: Do you support repealing the automatic trigger or changing it?

    the trigger is there for a reason.

    to FORCE Congress to stop being babies, and do the Peoples' work.

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    Re: Do you support repealing the automatic trigger or changing it?

    Quote Originally Posted by lpast View Post
    The teatards need not piss off the babyboomers, they are still the largest voting block and they are not stupid...they are paying attention....they could easily give this election to either side if you piss them off enough..
    That seems to have been overlooked in the GOP fervor to cater to the far-right base who think tax cuts for the rich are a higher priority than honoring our commitment to seniors, who are already suffering from the recession. It is very surprising the GOP has forgotten that seniors were the ONLY large demographic they carried in the last presidential election. I have a hunch it will be the GOPs turn to be very surprised when the seniors don't give their majority vote to them next November.
    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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    Re: Do you support repealing the automatic trigger or changing it?

    Quote Originally Posted by conservativeguy View Post
    I get it, we can not stop our downhill trajectory without a lot more socialism and entitlements that have been growing exponentially since the libtards began the war on poverty. Do you know the definition of insanity?
    No, we don't need to go that far at all, we just need to get our tax rates a little more progressive, and cut wasteful spending on the military/industrial complex. Closer to the way we did in the 40's, 50's, 60's and 70's. Was that socialism back then that our parents, grandparents, and great-grandparents supported for half a century?
    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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    Re: Do you support repealing the automatic trigger or changing it?

    Quote Originally Posted by Catawba View Post
    No, we don't need to go that far at all, we just need to get our tax rates a little more progressive, and cut wasteful spending on the military/industrial complex. Closer to the way we did in the 40's, 50's, 60's and 70's. Was that socialism back then that our parents, grandparents, and great-grandparents supported for half a century?
    How progressive should the rates be......50%, 60%, 70% marginal rates while 50% of the wage earners don't pay squat? Do we want the top 1% to pay 50%, 60%, 70% of the taxes? Look at the numbers before you answer. The top 1%'s share of total domestic income dropped from 20% to 16% in one year .... do you think relying on a very select few to pay most of the bills is a smart thing to do? I don't, I think that kind of tax policy would be idiotic. The "tax the rich" mantra is a chant that impresses bone headed, class envious, self loathing failures.
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  5. #45
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    Re: Do you support repealing the automatic trigger or changing it?

    Quote Originally Posted by StillBallin75 View Post
    I honestly don't give a flying **** anymore, to be honest.
    Still, im feeling the same way...Im so tired of reading the same things over and over...and it all amounts to no one has done anything.

  6. #46
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    Re: Do you support repealing the automatic trigger or changing it?

    Quote Originally Posted by conservativeguy View Post
    How progressive should the rates be......50%, 60%, 70% marginal rates while 50% of the wage earners don't pay squat? Do we want the top 1% to pay 50%, 60%, 70% of the taxes? Look at the numbers before you answer. The top 1%'s share of total domestic income dropped from 20% to 16% in one year .... do you think relying on a very select few to pay most of the bills is a smart thing to do? I don't, I think that kind of tax policy would be idiotic. The "tax the rich" mantra is a chant that impresses bone headed, class envious, self loathing failures.
    No one is suggesting effective tax rates anywhere near as progressive as under Republican presidents Eisenhower, Nixon, and Ford. I haven't seen any proposals for more than a 5% increase on effective tax rates on income and capital gains.

    The middle class has decided that being shat upon for the last 30 years is quite enough. Viva la election 2012!!!!
    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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    Re: Do you support repealing the automatic trigger or changing it?

    Quote Originally Posted by Catawba View Post
    No one is suggesting effective tax rates anywhere near as progressive as under Republican presidents Eisenhower, Nixon, and Ford. I haven't seen any proposals for more than a 5% increase on effective tax rates on income and capital gains.

    The middle class has decided that being shat upon for the last 30 years is quite enough. Viva la election 2012!!!!
    I see. So soaking the top 1% with a 5% added tax, on top of the new taxes they will have to pay thanks to BOCare, is supposed to help the middle class. LMFAO.....this is nothing but a class envy publicity stunt made to impress the econtards that vote for BO. The top 1%'s combined AGI was $1.3 trillion in 2009. Tacking another 5% tax on that would yield a whopping $64 billion per year. Now lets compare that paltry sum to the $1.4 trillion deficits. Are you really going to sit there and claim this 4.6% reduction in the epic irresponsible annual deficits is anything but a publicity stunt for morons?

    You didn't answer my other question......how much of the federal budget do you want to be funded by only 1% of the wage earners? 50%, 60%? What happens to the federal budget when this tiny group of earners, 1.3 m people, have a bad year like they just had in 2009 when their share of the total AGI dropped from 20% to 16.9%?
    Last edited by conservativeguy; 11-29-11 at 09:50 AM.
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  8. #48
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    Re: Do you support repealing the automatic trigger or changing it?

    Quote Originally Posted by conservativeguy View Post
    I see. So soaking the top 1% with a 5% added tax, on top of the new taxes they will have to pay thanks to BOCare, is supposed to help the middle class. LMFAO.....this is nothing but a class envy publicity stunt made to impress the econtards that vote for BO. The top 1%'s combined AGI was $1.3 trillion in 2009. Tacking another 5% tax on that would yield a whopping $64 billion per year. Now lets compare that paltry sum to the $1.4 trillion deficits. Are you really going to sit there and claim this 4.6% reduction in the epic irresponsible annual deficits is anything but a publicity stunt for morons?
    No one, I repeat, no one, has suggested anything remotely close to soaking the rich. And the insurance mandate, what your refer to as "BOCare", was a Republican alternative to a single payer system, which is what we will eventually have to go to, just like the rest of the industrialized world has done to get our health care cost down.

    We suffered $2.8 trillion dollars in lost revenue by the Bush tax cuts from the point they were given until today.

    You didn't answer my other question......how much of the federal budget do you want to be funded by only 1% of the wage earners? 50%, 60%?
    I think the effective tax rate on all income, including capital gains, should be somewhere between where it is now and where it was under Republican presidents, Eisenhower, Nixon, and Ford.

    What happens to the federal budget when this tiny group of earners, 1.3 m people, have a bad year like they just had in 2009 when their share of the total AGI dropped from 20% to 16.9%?
    We re-regulate the banks so that we don't have bust/boom cycles that create recessions and depressions. We pass House Bill 1489 to once again establish the firewall between investment banks and commercial banks, thereby preventing banks too big too fail.

    Check out the 40's, 50's, 60's and 70's! Our debt was low, and the middle class was the strongest in history, the majority of Americans are willing to risk that kind of change.
    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

  9. #49
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    Re: Do you support repealing the automatic trigger or changing it?

    Quote Originally Posted by Catawba View Post
    Entitlements don't need cuts, but they definitely need reform, no doubt about that. Social Security reform is easy. Raising the FICA cap for SS fixes that for the forseeable future.
    And what happens the population continues to age, and we have more and more people depending on the aid of the young? The problem is going to continue to grow, and the equal growth of our tax base is far from guaranteed.

    Quote Originally Posted by Catawba View Post
    Medicare/Medicaid reform will require our eventually going to a single payer system to address the underlying cause of the cost to the government, the most expensive health care system in the world. Otherwise, the most expensive health care cost in the world will just get passed on to consumers, who cannot afford their share of costs already.

    The Republican alternative of an insurance mandate is just a bandaid for our current health care cost crisis.
    The correct answer is to incentivize people people to control their own health care costs. We had a very distorted healthcare for some time.
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    Re: Do you support repealing the automatic trigger or changing it?

    Quote Originally Posted by DrunkenAsparagus View Post
    And what happens the population continues to age, and we have more and more people depending on the aid of the young? The problem is going to continue to grow, and the equal growth of our tax base is far from guaranteed.
    "Social Security is not at all responsible for the federal deficit. Just the opposite. Until last year, Social Security took in more payroll taxes than it paid out in benefits. It invested the surpluses in Treasury bills -- in effect, lending them to the rest of the government.

    But now Social Security has started to pay out more than it takes in. So to keep it going, it collects only what the rest of the government is obligated to pay it. This will keep it fully solvent for the next 26 years."

    "Remember, the Social Security payroll tax applies only to earnings up to a certain ceiling. (That ceiling is now $106,800.) The ceiling rises every year according to a formula roughly matching inflation. Back in 1983, the ceiling was set so the Social Security payroll tax would hit 90 percent of all wages covered by Social Security. That 90 percent figure was built into the Greenspan Commission's fixes. The Commission assumed that, as the ceiling rose with inflation, the Social Security payroll tax would continue to hit 90 percent of total income.
    Today, though, the Social Security payroll tax hits only about 84 percent of total income.
    It went from 90 percent to 84 percent because a larger and larger portion of total income has gone to the top. In 1983, the richest 1 percent of Americans got 11.6 percent of total income. Today the top 1 percent takes in more than 20 percent.
    If we want to go back to 90 percent, the ceiling on income subject to the Social Security tax would need to be raised to $180,000.
    Presto. Social Security's long-term (beyond 26 years from now) problem would be solved.
    So there's no reason even to consider reducing Social Security benefits or raising the age of eligibility. The logical response to the increasing concentration of income at the top is simply to raise the ceiling.

    Not incidentally, several months ago the White House considered proposing that the ceiling be lifted to $180,000. Somehow, though, that proposal didn't make it into the President's budget."

    - Robert Reich, Economist/Professor/Former Secretary of state under 3 presidents.
    Robert Reich: Budget Baloney: Why Social Security Isn't a Problem for 26 Years, and the Best Way to Fix It Permanently

    The correct answer is to incentivize people people to control their own health care costs. We had a very distorted healthcare for some time.
    The leading cause in bankruptcy in the US is health care cost, you don't think that is an incentive? We don't need less health care, we need more affordable health care like the rest of the industrialized world.

    That is why more and more Americans are forced to go to China and India and other countries for treatment where health care cost is much lower.

    Affordable health care for the average American is being outsourced:

    "Factors that have led to the increasing popularity of medical travel include the high cost of health care, long wait times for certain procedures, the ease and affordability of international travel, and improvements in both technology and standards of care in many countries.[7] The avoidance of waiting times is the leading factor for medical tourism from the UK, whereas in the US, the main reason is cheaper prices abroad."
    Medical tourism - Wikipedia, the free encyclopedia
    Last edited by Catawba; 12-04-11 at 10:39 PM.
    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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