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. #51
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by Schutzengel View Post
    When was the last true spending cut? ever? not a slowdown of growth but a real cut (outside of defense)
    None, which is part of the problem. We cut taxes for going on 10 years now, but will not do anything else. It just makes the gap larger. Like I said to truly get at it, the things have to happen at the same time. Link them together so that the affect each other, I don't care, but to truly handle the debt it needs to happen.
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by TurtleDude View Post
    1) Keeping the Bush/Obama tax rates for the "middle class"


    2) sticking it to the rich with a tax hike
    Quote Originally Posted by Kandahar View Post
    Why would saving tax cuts for the middle class necessitate saving them for the rich as well? The Democrats hold all the cards here. If push comes to shove, they can do absolutely nothing and all the tax cuts will expire. Then they can introduce a tax cut for the middle-class...and what Republican would dare oppose it?
    Besides, I don't see retaining the Bush tax cuts for the Middle-Class but increasing them for the wealthy as "sticking it to the rich". I see it as a necessary move in order for the government to pay down the debt, thereby reducing the deficit, and maintaining our government's ability to properly function WITHOUT turning up the volumn on the Treasury's printing press.

    We can talk cuts to federal spending, saving money by reducing entitlement spending, eliminate certain tax subsidies or rely on commercial papers from the Treasury (i.e., T-Bills) to generate revenue, but all these things alone won't reduce the deficit or eliminate the debt. The Middle-Class really has nothing more to give while the wealth-class has continued to make money even while the economy has struggled along. I think it's only fair and reasonable to ask those who can afford to help keep the government solvent should do so. And if such tax measures work to increase revenue while improving economic outcomes, I say we should do it. After all, we have tried it the other way - lowering taxes for the wealthy - for over a decade now and where has that gotten us?

    Answer: Exactly in the debt crisis we find ourselves in now. No, lower taxes for the rich didn't cause the problem, but it certain hasn't created the tricke-down effect in job creation as has been proposed since the Reagan era.

  3. #53
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by Objective Voice View Post
    Besides, I don't see retaining the Bush tax cuts for the Middle-Class but increasing them for the wealthy as "sticking it to the rich". I see it as a necessary move in order for the government to pay down the debt, thereby reducing the deficit, and maintaining our government's ability to properly function WITHOUT turning up the volumn on the Treasury's printing press.

    We can talk cuts to federal spending, saving money by reducing entitlement spending, eliminate certain tax subsidies or rely on commercial papers from the Treasury (i.e., T-Bills) to generate revenue, but all these things alone won't reduce the deficit or eliminate the debt. The Middle-Class really has nothing more to give while the wealth-class has continued to make money even while the economy has struggled along. I think it's only fair and reasonable to ask those who can afford to help keep the government solvent should do so. And if such tax measures work to increase revenue while improving economic outcomes, I say we should do it. After all, we have tried it the other way - lowering taxes for the wealthy - for over a decade now and where has that gotten us?

    Answer: Exactly in the debt crisis we find ourselves in now. No, lower taxes for the rich didn't cause the problem, but it certain hasn't created the tricke-down effect in job creation as has been proposed since the Reagan era.

    if paying down the debt (rather than pandering for votes) really mattered the middle class tax "cuts" would go first since they involve more money

  4. #54
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by TurtleDude View Post
    if paying down the debt (rather than pandering for votes) really mattered the middle class tax "cuts" would go first since they involve more money
    how about we do both at the same time?

    $1 trillion in more tax-revenue from the rich
    $3 trillion in spending cuts on the middle-class.

    sounds good to me.

  5. #55
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by Thunder View Post
    how about we do both at the same time?

    $1 trillion in more tax-revenue from the rich
    $3 trillion in spending cuts on the middle-class.

    sounds good to me.
    are you too cowardly to choose?

    if the choice is keeping your tax cuts and the rich would keep theirs OR jacking up their taxes while yours would rise too, what is more important to you

    its an easy question

    what is more important for you

  6. #56
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by TurtleDude View Post
    are you too cowardly to choose?

    if the choice is keeping your tax cuts and the rich would keep theirs OR jacking up their taxes while yours would rise too, what is more important to you

    its an easy question

    what is more important for you
    Apparently any nuance in anyone's position would go right over your head.

    If for some reason we were faced with that illogical binary choice, I would favor keeping taxes on the rich and middle-class low in the short-term (1-2 years) and raising them in the long-term. This is because economic stimulus is far more important than the deficit in the short term, and a tax cut for the middle-class definitely qualifies as economic stimulus...but in the longer term the deficit will become more important. If even THAT position is too much nuance for you, then let's just say I'd prefer raising them.

    Fortunately we won't be facing that choice. Unless the Republicans win both houses of Congress and the presidency (or unless the Democrats cave), we'll be able to keep the middle-class tax cuts but not the tax cuts for the rich.
    Last edited by Kandahar; 07-25-12 at 12:12 AM.
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by Kandahar View Post
    Apparently any nuance in views would go right over your head.

    If for some reason we were faced with that illogical binary choice, I would favor keeping taxes on the rich and middle-class low in the short-term (1-2 years) and raising them in the long-term. If even THAT is too much nuance for you, then let's just say I'd prefer raising them.

    its always fun watching those who want a nanny government to take care of them pretending they are smarter than those of us who can do ok without demanding others pay for our existence as you do

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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by soccerboy22 View Post
    It is why you cut costs too. People need to realize to really get a handle on this debt, taxes need to go up and spending needs to go down. Doing one or the other will not do it.
    This is inaccurate. Revenues need to go up. That is a very different thing from tax rates.

  9. #59
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by Thunder View Post
    how about we do both at the same time?

    $1 trillion in more tax-revenue from the rich
    $3 trillion in spending cuts on the middle-class.

    sounds good to me.
    I'd rather just cut spending on the rich, and that way avoid disincentivizing productive behavior.

  10. #60
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    Re: Obama Tax supporters=what is more important to you

    Quote Originally Posted by TurtleDude View Post
    I love your appeal to mediocrity
    Its all about the economy. The tax cuts for the wealthy do nothing for the economy to merit the people continuing to allow them.
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