View Poll Results: Obama Tax Supporters=What is more Important to You

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  • Saving the tax cuts for yourself (and the rich)

    1 6.25%
  • Sticking it to the rich with a tax hike for everyone

    15 93.75%
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Thread: Obama Tax supporters=what is more important to you

  1. #121
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by iguanaman View Post
    Wow what a deep thinker you are. Think about this...the rich spend all they want regardless of tax rates and the extra revenue from theri taxes going back to normal wil get spent too. That is how we grow.
    Grow what? The economic miracle of taxing "the rich" a bit more will fund the federal gov't (at current spending levels) for about 8 days, creat NO jobs and still leaves 357 more days of 40% federal deficit spending. It fixes nothing, except feeding the federal gov't appetite for more borrowing, spending and taxation.
    “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

  2. #122
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by ttwtt78640 View Post
    Grow what? The economic miracle of taxing "the rich" a bit more will fund the federal gov't (at current spending levels) for about 8 days, creat NO jobs and still leaves 357 more days of 40% federal deficit spending. It fixes nothing, except feeding the federal gov't appetite for more borrowing, spending and taxation.
    So how do you fix it with a guaranteed plan that we all would agree would "work"?
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  3. #123
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by Neomalthusian View Post

    Well that's not what I described.



    I would love to sit down with you and Catawba to a game of Monopoly. Hell I'd even supply the scotch and stogies. Because welfare policies are akin to getting a $500 every time you land on a property of someone else who already owns half the board and has, for the most part, already won the game, and what they charge breaks your bank once again. There's no escaping this scenario, so long as you're persuaded to keep playing by the promises of meager handouts/bailouts every time you fall upon bankruptcy. That just prolongs the game that has already, for all real intents and purposes, ended.



    Then let me tell you something I believe in completely: a strong middle class relies on neither the rich nor the government.
    I win at Monopoly all the time. Better at Scrabble, but anytime you want, we can sit down.

    As for a strong middle class, the do need the deck not stacked against them. It is a concern for us as a country that it is shrinking. Government has made policy that largely favors the wealthy and not the working class.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  4. #124
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    ttwtt78640's Avatar
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by haymarket View Post
    So how do you fix it with a guaranteed plan that we all would agree would "work"?
    A good start would be to actually cut duplicate/overlapping gov't spending programs. Doing STUPID things, even if "bipartisan", like subsidizing student loan contract interest rates for ONE year, and then raising taxes to "pay for" it is insane. REAL reductions in gov't spending are required, but TARGETTED to specific WASTE, not silly "accross the board" nonsense. Why have things like a NASA art program, cowboy poetry festival or federal gang violence programs? There is no end to the "nice" things that our FEDERAL gov't can do, yet that does NOT make it right. Cutting the entire DOEd would be a great start.
    Last edited by ttwtt78640; 07-26-12 at 01:24 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

  5. #125
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    Re: Obama Tax supporters=what is more important to you

    something tells me that if the tax-cuts expire, we will be hearing a lot more whining from the wealthy & their supporters, than from the middle-class.

  6. #126
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by Thunder View Post
    something tells me that if the tax-cuts expire, we will be hearing a lot more whining from the wealthy & their supporters, than from the middle-class.
    Math is not your strong suit then. The bottom federal income tax bracket rate would go up 50%, from 10% to 15%. That is far more than the top income tax bracket rate increases. Think, before you drink, even Koolaid.
    “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

  7. #127
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by ttwtt78640 View Post
    A good start would be to actually cut duplicate/overlapping gov't spending programs. Doing STUPID things, even if "bipartisan", like subsidizing student loan contract interest rates for ONE year, and then raising taxes to "pay for" it is insane. REAL reductions in gov't spending are required, but TARGETTED to specific WASTE, not silly "accross the board" nonsense. Why have things like a NASA art program, cowboy poetry festival or federal gang violence programs? There is no end to the "nice" things that our FEDERAL gov't can do, yet that does NOT make it right. Cutting the entire DOEd would be a great start.
    Thank you. Do you have an estimate of how much that would save when you save the cowboy poetry festivals?
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  8. #128
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by ttwtt78640 View Post
    Many different animals may be seen at the zoo, but that was not related to my post either. The rich are not rich because they are stupid, they are CORRECTLY waiting to see if the federal gov't can get its act together, perhaps even pass a "budget". None are likely to expand (hire) in times that the gov't is threatening much higher taxes, stricter "environmental" regulations and mandating ever more expensive medical care insurance benefits. Many see that the federal gov't will soon consume even more than 25% of GDP, and KNOW that they are the ones that will be called upon to pay their "fair share" (i.e. much more) in taxes.
    More nonsense. What do taxes or passing budgets have to do with the need for more employees? Business's hire people when there is demand for the work they do. The Govt. doesn't consume it spends and increased Govt. spending increases demand for workers. Your buddies in the House agree and have said that the defense cuts will cost millions of jobs (not to mention millions of $ of campaign contributions too) and they are right for a change. Simply normalizing taxes on the top brackets will allow us to keep that defense spending and all those jobs. What do you think?
    Last edited by iguanaman; 07-26-12 at 02:56 PM.

  9. #129
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by ttwtt78640 View Post
    Math is not your strong suit then. The bottom federal income tax bracket rate would go up 50%, from 10% to 15%. That is far more than the top income tax bracket rate increases. Think, before you drink, even Koolaid.
    If the rates go up for the 95% it will be the Republicans to blame, same with the new Defense Cuts. We wil see if the GOP wants the fallout from that.

  10. #130
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by haymarket View Post
    Thank you. Do you have an estimate of how much that would save when you save the cowboy poetry festivals?
    Typical of the left, it is ALL small stuff, so fund it forever, as it is so small. Even the GAO sends congress CONSTANT reports on waste, yet congress does not act. For EVERY federal program there is a lobbyist or contributor that "needs" that spending. You see adding $85 billion in tax money as progress, many see it as simply waste since NO change in policy accompanies it. The federal beast as an unending appetite, so it must be fed. Yes he can!
    “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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