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How Obama Can Get Money to Reduce Defict

How Obama Can Get Money to Reduce Defict


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He could try to get the Democrats to quit discouraging growth in business but that's against his nature. He could try to rally Americans instead of running a racist administration to divide the country. He should quit trying to tell us that we will all feel the pain when we know damned good and well half the population will not feel the pain.
 
He could try to get the Democrats to quit discouraging growth in business but that's against his nature. He could try to rally Americans instead of running a racist administration to divide the country. He should quit trying to tell us that we will all feel the pain when we know damned good and well half the population will not feel the pain.

What is inherently racist about the Obama administration?

Yeah I remember when he only has black people at the white house, a black vice president, a black mother and grandparents that helped raise him, and he threw open the cells to all black people in jail in America.

Oh and when he renamed the white house " the cracka house".
 
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On a serious note, he should trade off budget cuts with tax increases. Right now he doing the exact opposite. For instance he voted to extend unemployment insurance, but have Bush tax cuts as a trade off. If he did the opposite, then he would have an upper hand, because the republicans can get what they want if they accept the tax increases which are neccecary.

If Bush tax cuts are reverted then that would give us about 1-2% more revenue and if they are combined with GOP budget cuts of about 2-3%. This would give a cut of 3-5% and would solve the deficit problem. If Obama get what he wants, then there will be zero cuts and only the rich will get much higher taxes. This will bring 0.4% in revenues and hardly cover the deficit which is projected to be about 4-5%. To be honest he is also implementing some stealth tax increases, but the only effect of his policy is to reduce US competitiveness and still have a large defict.
 
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Never really thought about it before, but government-run prostitution could really be the solution.
 
Never really thought about it before, but government-run prostitution could really be the solution.

What about government run marihuana? :smoking:
 
Nationalize the Federal Reserve!
 
He should quit trying to tell us that we will all feel the pain when we know damned good and well half the population will not feel the pain.

I agree with the statement, but I have a feeling we have different opinions on which half will not feel the pain.
 
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If Bush tax cuts are reverted then that would give us about 1-2% more revenue and if they are combined with GOP budget cuts of about 2-3%. This would give a cut of 3-5% and would solve the deficit problem.

Like most sane people have been saying all along -- a combination of tax raises and budget cuts. Unfortunately, there are no sane people in either of the "big two."

Look, if I knew it was coming with spending cuts and would solve our deficit problem, I'd be OK with higher taxes. I'll take the hit to put our country on firm financial footing. Lets see who else will do it.

Since that's unlikely, I think the car race is clearly the answer. Or we could just all accuse each other of racism until the budget fixes itself.
 
He needs to find Moses staff and tap it twice against a rock and hope oil gushes out :)
 
What are some of the best ways for Obama to get the money to reduce the national debt?

Cut and gut government.
Return power to the states.
Phase out entitlements.
Lower taxes to stimulate business. (fewer unemployed eat less revenue and provide more to the government).
Return the unemployment laws to those Clinton signed.
Repeal ObamaKare.

In short... Limited government.

.
 
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Cut and gut government.
Return power to the states.
Phase out entitlements.
Lower taxes to stimulate business. (fewer unemployed eat less revenue and provide more to the government).
Return the unemployment laws to those Clinton signed.
Repeal ObamaKare.

In short... Limited government.

.

Which entitlements would you choose?
Im all for sending most ALL of the power back to the States. That would be fantastic! :)
Keep unemployment to where it is now until the economy gets to where it should be
Get every single ILLEGAL alien the hell out of the US
Cut corporate taxes in half while increasing the taxes of the top 5% by 100%
Fix healthcare by limiting costs of all parma, and medical related products while also capping care givers liability and also capping how much they charge. Tough pill. That needs to be swollowed
Then kill the 1990s GOP / Obamas healthcare bill
 
The world loses around $11.5 trillion through ofshore tax havens. I would wager a pretty big chunk of that is American.

taxjustice network


how does the world lose that? governments lose that but the owners of the money keep it

seems like a neutral result to me
 
Which entitlements would you choose?
Im all for sending most ALL of the power back to the States. That would be fantastic! :)
Keep unemployment to where it is now until the economy gets to where it should be
Get every single ILLEGAL alien the hell out of the US
Cut corporate taxes in half while increasing the taxes of the top 5% by 100%
Fix healthcare by limiting costs of all parma, and medical related products while also capping care givers liability and also capping how much they charge. Tough pill. That needs to be swollowed
Then kill the 1990s GOP / Obamas healthcare bill

increase taxes on the top 5% by a hundred percent what simpering blithering idiocy
 
**Raise taxes on the wealthy.

**Nationalize oil and coal companies, pay off debt with their excess profits. Slowly phase out oil and coal while transitioning their workforce to green and renewable energy.

**Tax bonus compensation over $99K @ 75%

**Tax anual salary over $5M @ 90%

Those last two suggestions would solve many, many problems.

Since the 1970's there has been a massive shift in power from Capital (people with money to invest in companies, specifically powerful shareholders) AND Talent (CEO's, CFO's and highly compensated athletes and performers). This shift has resulted in Talent getting vastly overpaid for less than successful work, failing upwards, etc.

Taxing this overpaid compensation would bring in more revenue and incentivize Capital Investors to demand their money be spread around more, expanding the workforce, R&D, and health insurance benefits for the workforce.

Middle management should demand higher compensation.

Workers and Capitalists Unite
 
**Raise taxes on the wealthy.

**Nationalize oil and coal companies, pay off debt with their excess profits. Slowly phase out oil and coal while transitioning their workforce to green and renewable energy.

**Tax bonus compensation over $99K @ 75%

**Tax anual salary over $5M @ 90%

Those last two suggestions would solve many, many problems.

Since the 1970's there has been a massive shift in power from Capital (people with money to invest in companies, specifically powerful shareholders) AND Talent (CEO's, CFO's and highly compensated athletes and performers). This shift has resulted in Talent getting vastly overpaid for less than successful work, failing upwards, etc.

Taxing this overpaid compensation would bring in more revenue and incentivize Capital Investors to demand their money be spread around more, expanding the workforce, R&D, and health insurance benefits for the workforce.

Middle management should demand higher compensation.

Workers and Capitalists Unite

making those who want the rich to pay more start paying their share of the tax bills

that would not only raise lots of money it would create a massive deterrent to voting for more big spending politicians

your desires for confiscatory tax rates are expected.
 
I have a better idea...


Cap credit card interest rates at Prime.
 
I have a better idea...


Cap credit card interest rates at Prime.

OH! WAIT! We can tax the creditors!!! YESSSSSSSS!
Anything over a 15% APR we could tax! 50% tax on the creditors! And if they cant deny ANYONE! But at the same time the creditees they file BK on it! They MUST pay it back no matter WHAT! :)
 
OH! WAIT! We can tax the creditors!!! YESSSSSSSS!
Anything over a 15% APR we could tax! 50% tax on the creditors! And if they cant deny ANYONE! But at the same time the creditees they file BK on it! They MUST pay it back no matter WHAT! :)


This thread is for serious ideas, not snarky remarks with words in CAPS.
 
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