Logic of House GOP intransigence

Gimmesometruth said:

It is very easy to show how the tax cuts for the top earners have increased the debt, multiple studies have shown that the Bush tax cuts were responsible for at least $1.6T in reduced revenues (increases in the debt) from '01 to '11, over 25% of that due to the reductions on the top 2% of earners. Over $42B in reduced revenues from the top 2% for 2013. Pew and the CBO estimate that eliminating the tax cut for the top 2% will result in a loss of $1.1T in revenue over the next decade.

We are talking about a paltry 4.6% MARGINAL tax increase on income over $250K upon a part of the population that has seen the largest increases in income. They won't feel it, it will have next to no negative effect on the economy.

It is not entitlements that have caused the increases to debt (on the contrary, FICA has been a cash cow), it has been tax cuts, unfunded wars and the recession.

Click to expand...

Are you kidding me?

You act as if its the governments money to begin with & they're just letting us keep some of it. Obama added 1 trillion dollars to the baseline budget which has now been spent every year since he's been in office. The thought that tax cuts some how caused the problem is ridiculous. The tax increase O'marxist wants will only pay for his bloated government for 8 days, how does this solve anything except forcing employers to lay off more people & reduce or not give out raises? Doesnt matter though cause O'marxist wants the fiscal cliff to come anyway.

So a 35% (with local & state around 50% in some states) Fed tax rate is not enough for you, what is.... maybe 75% like France? Hows that working for them as the upper class flees the country.

Anti liberty Dem socialists.... keep your filthy money grabbing hands out of my pocket and earn it yourselves......

Iron Yank said:

Are you kidding me?

You act as if its the governments money to begin with & they're just letting us keep some of it. Obama added 1 trillion dollars to the baseline budget which has now been spent every year since he's been in office.

Click to expand...

No, he didn't, and the budget has seen very low levels of increases. The debt has increased, but again, that has been due primarily from decreases in revenues. You seem to have trouble with the differences between deficit, debt and budgets.

The thought that tax cuts some how caused the problem is ridiculous.

Click to expand...

Simplistic response, it obviously was PART of the problem, along with unfunded wars, unfunded Medicare Rx changes, the RECESSION causing lowered REVENUES, try actually reading what I wrote.

The tax increase O'marxist wants will only pay for his bloated government for 8 days, how does this solve anything except forcing employers to lay off more people & reduce or not give out raises? Doesnt matter though cause O'marxist wants the fiscal cliff to come anyway.

Click to expand...

Just more rhetoric ignoring multiple analysis showing that the marginal increase will have next to none economic impact.

So a 35% (with local & state around 50% in some states)

Click to expand...

I'm not aware of ANY state tax rate of 50% on total or marginal income....you do understand MARGINAL rates...yes?

Fed tax rate is not enough for you, what is.... maybe 75% like France? Hows that working for them as the upper class flees the country.

Click to expand...

Uh, we had rates like that in the past, but that was not the EFFECTIVE rate.....but here I am tossing more terms at you.....sorry.

Anti liberty Dem socialists.... keep your filthy money grabbing hands out of my pocket and earn it yourselves......

Click to expand...

Uh...um.....you do realize that the return of the pre-2001 rates will effect all top 2% earners, not just earners who are GOP voters. Besides, something tells me you are not in that marginal bracket.

Somerville said:

and why can House Republicans oppose measures that the majority of Americans support? The picture tells us why

View attachment 67140077


So Republicans can truthfully say they hold a majority of seats in the House of Representatives and therefore they must be doing something 'right' while at the same time, Democrats can point out that more Americans voted for Democratic Representatives than for Republicans in the 2012 elections.

Republicans Can

Click to expand...

This country was not intended to be run by a tyrany of the majority. Republicans make up just as many voices in this country as do democrats, and they should have representation in public policy making. You know very well that Democrats would not have given up if they had lost. They would use whatever power they had to try and get their way.

Gimmesometruth said:

No, he didn't, and the budget has seen very low levels of increases. The debt has increased, but again, that has been due primarily from decreases in revenues. You seem to have trouble with the differences between deficit, debt and budgets.

Click to expand...

No actually he doesnt. When you add 800 billion to spending in one year then make a portion of those increases baseline its a big deal. Sure small cuts afterwards, but when you added upwards of 25% the first year, cutting by 2% the second year doesnt exactly mean much. Before I start to hear BOOOOOOOSSSHHHHH---remember who signed MORE increases after W left office. It was Obama, in fact, another 400Billion on top of the stimulus. Then they go oh look, we cut 60 billion. And you play it as a talking point, thinking perhaps we are as gullible as you are.