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United States loses its AAA Credit rating from S & P

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Seriously, are you 7 months old? You don't remember Democrats fighting NOT to extend the top Bush tax cuts? They eventually caved to republicans' demands in order to maintain unemployment extensions and to avoid a shutdown.

Further, there is an enormous difference between cutting taxes when the economy is strong (Bush) and raising taxes when the economy is weak.

Democrats to punt on taxes - TheHill.com

Senate Democrats Punt Tax Cuts To Lame-Duck - The Note

House Dems Also Punt On Upper-Income Bush Tax Cuts | TPMDC
 
I was remembering how many times on this site that I have heard "No new taxes until the government can prove it can stop spending."

no new taxes until the govt can prove it will stop WASTING trillions of dollars

All told, the GAO targeted as much as $510 billion on 583 potentially duplicative, wasteful programs overseen by roughly 182 government agencies and offices, stretching across the federal government, from the Department of Defense to Transportation to Health & Human Services. The GAO found that some of the duplication dates back to 2002, but most came in fiscal years 2009 to 2010 and going forward.

The GAO’s list dovetails with work already done on this waste by the Congressional Budget Office (see below). Last year, FOX Business found $1.5 trillion in fat marbled through government.

Also, Congress has routinely failed to at minimum probe and then stop redundant programs. The GAO says just five of 47 job training and employment programs had been evaluated for efficiencies. “Little is known about the effectiveness of most programs,” the GAO said in its report. The government also spent $62.5 billion on 18 food assistance programs, but “little is known about the effectiveness of [11 of the 18 programs] because they have not been well studied,” the GAO said.

GAO Finds Massive Waste, Duplication - FoxBusiness.com
 
Anyone thinking clearly would have to agree the best approach is to cut spending and raise taxes.

cuomo's not thinking clearly?

"put it simply, the people of this state simply cannot afford to pay any more taxes, period"

GOVERNOR ANDREW M. CUOMO STATE OF THE STATE ADDRESS | Governor Andrew M. Cuomo

Cuomo budget: $10 billion deficit cut, no new taxes, layoffs likely

why is he so popular?

Andrew Cuomo approval sky-high, new poll suggests - Jennifer Epstein - POLITICO.com

in new york?

once again, EVENTS are swirling around you of which you are unaware
 
Not what he said. :coffeepap

Why do liberals promote class warfare? You continue to miss the point and continue to spout the talking points without even thinking. Millions and millions of Americans are working, earning income but pay zero in Federal Income taxes. Are they paying their fair share?
 
everyone who is above the poverty line should pay some income taxes, IMHO.

and anyone who gets away with not paying FIT that they should be paying due to tax-loopholes, should be required to pay such taxes.

no free rides...especially for folks who don't need them.

Yet you never hear that from liberals, why? Millions of Americans ABOVE the poverty line pay zero in FIT yet liberals want to go after the group that pays 38% of the taxes. That must be liberal logic
 
Such hyperbole. No one is being punished, least of all the wealthy. :coffeepap

Notice that you never address the FACT that those evil rich people are paying 38% of the taxes and 47% of income earners most 50,000 or less pay zero. That the liberal definition of fair share?
 
closing tax-loopholes that allow people to not pay taxes that they should be paying, is a punishment?

looks more like they are getting away with fraud and we need to stop them.

We have a spending problem, not a revenue problem. Never in the history of this country has the Govt. spent as much money as Obama. There isn't enough revenue from the rich to pay for the liberal spending appetite. Why do you continue to buy the liberal rhetoric.
 
Why do liberals promote class warfare? You continue to miss the point and continue to spout the talking points without even thinking. Millions and millions of Americans are working, earning income but pay zero in Federal Income taxes. Are they paying their fair share?

Where do you get class warefare? If anyone is promoting that, you are. You're trying to painted wealthy (a class) as picked on, and the poor (a class) and working people (a class) as privileged.
 
Notice that you never address the FACT that those evil rich people are paying 38% of the taxes and 47% of income earners most 50,000 or less pay zero. That the liberal definition of fair share?

Where did I call them evil? Agian, so far, I only see YOU using that word. And while many pay little income tax, all do pay taxes. There is no reason to feel sorry for anyone here.
 
Where do you get class warefare? If anyone is promoting that, you are. You're trying to painted wealthy (a class) as picked on, and the poor (a class) and working people (a class) as privileged.

I don't care what you or anyone else makes. I know we have a spending problem, not a revenue problem so how am I promoting class warfare? You can make as much as you legally can make. Interesting how liberals like you don't seem to understand the value of keeping more of what you earn.
 
We have a spending problem, not a revenue problem. Never in the history of this country has the Govt. spent as much money as Obama. There isn't enough revenue from the rich to pay for the liberal spending appetite. Why do you continue to buy the liberal rhetoric.

No, we have a debt problem. To combat that problem, you cut spending and rasie revenue (taxes).
 
Where did I call them evil? Agian, so far, I only see YOU using that word. And while many pay little income tax, all do pay taxes. There is no reason to feel sorry for anyone here.

Here we go again, all pay some kind of taxes isn't the same as millions paying zero in FIT. You probably should find out what FIT funds. Heaven knows I have posted the line item expenses here often enough. Guess if you say something often enough you begin to believe it is true. What do you think raising taxes at the Federal Level will do to state taxes? Tell you the truth, raise taxes at teh Federal level and watch more and more businesses flock to the non state income tax states. Most people in the upper income levels aren't stupid. They aren't going to pay higher Federal Taxes and higher state taxes. They can move from the high tax states and will.
 
we have a spending problem AND a revenue problem.

If you have a revenue problem as you claim, you stop spending. Justify a 3.7 trillion dollar spending spree of Obama? My bet is you haven't a clue as to how much of state spending is duplicated at the Federal Level but continue to buy the liberal spin that the Federal Govt. needs more revenue.
 
No, we have a debt problem. To combat that problem, you cut spending and rasie revenue (taxes).

GHW Bush taught the world that you don't compromise with a liberal. He agreed to $1 in tax increases for $3 in spending cuts. Guess what we didn't get?
 
Here we go again, all pay some kind of taxes isn't the same as millions paying zero in FIT. You probably should find out what FIT funds. Heaven knows I have posted the line item expenses here often enough. Guess if you say something often enough you begin to believe it is true. What do you think raising taxes at the Federal Level will do to state taxes? Tell you the truth, raise taxes at teh Federal level and watch more and more businesses flock to the non state income tax states. Most people in the upper income levels aren't stupid. They aren't going to pay higher Federal Taxes and higher state taxes. They can move from the high tax states and will.

You're not paying attention. And business holding a state hostage, getting all kinds of breaks, and than shipping jobs overseas anyway, for the low, low, low wages, cannot not be appeased enough. We've seen states elminate taxes altogether and still see business leave.

And before you bring up Texas, you might want to look at Texas just a little closer. The state is hardly paradise.
 
GHW Bush taught the world that you don't compromise with a liberal. He agreed to $1 in tax increases for $3 in spending cuts. Guess what we didn't get?

This doesn't change or address what is needed. A debt problme requires it be fought by all means possible. This means we attack spending, and try to increase revenue, just real people do in their lives.
 
You're not paying attention. And business holding a state hostage, getting all kinds of breaks, and than shipping jobs overseas anyway, for the low, low, low wages, cannot not be appeased enough. We've seen states elminate taxes altogether and still see business leave.

And before you bring up Texas, you might want to look at Texas just a little closer. The state is hardly paradise.

You really don't understand what it means to live in a free enterprise, capitalistic economy. If a state is too stupid to price itself out of the market they ae going to lose taxpayers. The movement of jobs overseas isn't the problem, the Obama Administration with regulations, threats of higher taxes, demonization of wealth creation is causing businesses not to hire.

As for TX, I live here and have for 19 years, best move I ever made. You go back to reading how bad TX is while I live here and enjoy the prosperity
 
This doesn't change or address what is needed. A debt problme requires it be fought by all means possible. This means we attack spending, and try to increase revenue, just real people do in their lives.

Cut spending back to 2008 levels and then we can talk about tax increases. First let's start with those not paying any FIT to pay something. Then put the 25 million unemployed or under employed Americans back to work paying more in taxes. Until that happens, screw liberalism and the massive expansion of the nanny state.
 
That logic doesn't work. Politics played more of a role than doing what was right. Anyone thinking clearly would have to agree the best approach is to cut spending and raise taxes. But, as noted above, when the belief in tax cuts becomes like a religion, faith meaning more than actual evidence, politicians tend to appease the beast. It's wrong, for both parties, but that is what happened and not a sign of what proper to do concerning revenue.

That logic doesn't work? I guess not when your sole intention is to place blame on someone else. But anyone thinking clearly, should be able to see the blame belongs clearing on Democrats shoulders.

you want added tax revenue....... allowing the Bush tax cuts to expire would have done that .... do you agree ... or disagree?

At the time they were set to expire, the Dem's controlled everything, the house, senate, and the white house. No debate there .. that's fact

No vote was needed for the cuts to expire, and there was nothing every republican in the entire world, could have done to stop them from expiring. that is another fact you can't dispute.

It was the Dem's and the Dem's alone that moved to bring about a vote on extending them.

Then 7 months later .. we have liberals like yourself .. coming around blaming Republicans for being against raising taxes ... you're right .. I don't see any logic in where you are placing the blame.
 
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You really don't understand what it means to live in a free enterprise, capitalistic economy. If a state is too stupid to price itself out of the market they ae going to lose taxpayers. The movement of jobs overseas isn't the problem, the Obama Administration with regulations, threats of higher taxes, demonization of wealth creation is causing businesses not to hire.

As for TX, I live here and have for 19 years, best move I ever made. You go back to reading how bad TX is while I live here and enjoy the prosperity

Insults aside, there are problems with having no restrictions on business and asking no contribution to the society that supports them.

And you might want to check out some factual numbers efecting the rest of your fellow texans.
 
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