View Poll Results: Should the 2001/2003 GWB tax cuts be extended for people that make under $250k?

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Thread: Should the 2001/2003 GWB cuts be extended?

  1. #151
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Aunt Spiker View Post
    LOL

    The deficit went up after the tax cuts were put in place and the deficit continues to skyrocket regardless of taxes in or out.

    The deficit needs to be snipped in the bud - and the tax breaks continued.

    If I can't keep hitting up my employer for more money because I keep going over budget then neither should the government.
    Excellent post
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  2. #152
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Navy Pride View Post
    Excellent post
    Thanks, Navy.

    Quote Originally Posted by Goobieman
    That's exactly right.
    Any claim that we "cannot afford" cutting taxes is based on the false premise that spending cannot be cut.
    So true!
    I've heard that before, too - out of the mouth of an addict when going through cessation on the way to breaking the addiction.
    Last edited by Aunt Spiker; 02-11-10 at 04:40 PM.
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  3. #153
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Aunt Spiker View Post
    If the government didn't perpetually boost their budget and deficit we'd be just fine with the tax cuts.

    Obama campaigned on complaints that Bush spent excessive money on all the wrong things - and Obama's just continuing what he pretended to be so against.
    He is part of the same corruption. He was just a genious at hiding it and pretending otherwise.

    Perhaps it is time for the US to dissolve into states again, and let them rule themselves, and then perhaps reunited under a different political system. Washington is rotten to the core.
    Europe is illegally occupied by the US

  4. #154
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Aunt Spiker View Post
    If the government didn't perpetually boost their budget and deficit we'd be just fine with the tax cuts.
    While I do not argue that spending cuts need to be made, especially in our bloated military budget and unfunded wars, you would still have the inequity created by the tax cut which places a greater burden on those of less wealth.
    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

  5. #155
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Catawba View Post
    While I do not argue that spending cuts need to be made, especially in our bloated military budget and unfunded wars, you would still have the inequity created by the tax cut which places a greater burden on those of less wealth.
    For those of *less* wealth.

    It's the middle-class tax cuts that we're discussing, not the taxes of the rich. Are you suggesting that the poor are being cast a greater burden because I get a tax-break?

    And what, pray-tell, is going to happen to the economy if they started taking *more* money away from people who are already barely scraping by?

    Are they these taxed prospects going to be running out and hitting up Target and Macy's?
    Nope - it'll only exacerbate the current problem we're in.

    The less money people *have* means the less bills they can pay, the more mortgages that will be defaulted on and the less money flow that the economy will see. . .just like we're experiencing right now.

    Right now - in the middle of an economic crisis - is not the time to consider taking more money from the wallets of those who are fortunate enough to still be employed and somehow managing to make ends meet.
    Last edited by Aunt Spiker; 02-11-10 at 06:01 PM.
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  6. #156
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Aunt Spiker View Post
    For those of *less* wealth.

    It's the middle-class tax cuts that we're discussing, not the taxes of the rich. Are you suggesting that the poor are being cast a greater burden because I get a tax-break?
    Yes, those that make less than $250,000, and the capital gains tax cuts that predominantly benefit the wealthy.

    And what, pray-tell, is going to happen to the economy if they started taking *more* money away from people who are already barely scraping by?
    No one is proposing more taxing to those that make less than $250,000 (except the fair tax crowd).
    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. #157
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Catawba View Post
    Yes, those that make less than $250,000, and the capital gains tax cuts that predominantly benefit the wealthy.

    No one is proposing more taxing to those that make less than $250,000 (except the fair tax crowd).
    Well - if the tax *cuts* that are currently in place for the middle class are ended (by this I mean if they are *not extended*) - then the taxes that the middle-income people pay will go up.

    Because that's what happens when you take *away* a cut - the overall amount of the tax then goes *up.*

    So it would be a tax increase, in the end.
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  8. #158
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Aunt Spiker View Post
    Well - if the tax *cuts* that are currently in place for the middle class are ended (by this I mean if they are *not extended*) - then the taxes that the middle-income people pay will go up.
    You will have to document for me any plan to take away tax cuts from anyone making less than $250,000.

    Obama's plan is to let the tax cut for the wealthy expire for those making more than $250,000.

    Is there another plan out there I have not heard about?
    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. #159
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    Re: Should the 2001/2003 GWB cuts be extended?

    Quote Originally Posted by Catawba View Post
    You will have to document for me any plan to take away tax cuts from anyone making less than $250,000.

    Obama's plan is to let the tax cut for the wealthy expire for those making more than $250,000.

    Is there another plan out there I have not heard about?
    If the democrats let the Bush tax cuts expire then that is a tax increase for everyone that pays taxes.........what part of that do you not understand?
    "God Bless Our Troops in Harms Way."

  10. #160
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    Re: Should the 2001/2003 GWB cuts be extended?

    Congress should preserve the modest tax cuts for hard-pressed poor and middle classes and let the unjust tax cuts for the wealthy expire.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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