Weiner To Hannity:‘You Want To Borrow For Rupert Murdoch
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Rep. Weiner To Hannity: ‘You Want To Borrow For Rupert Murdoch’s Tax Break’
By Ben Armbruster
Last night on his Fox News show, Sean Hannity interviewed Rep. Anthony Weiner (D-NY) and expressed his outrage that Weiner wants the rich to pay more in taxes. Noting that Weiner is from New York, Hannity said, “Let’s go through the New York numbers.” The Fox News host then said if Weiner had his way, New Yorkers would be paying “55, 60″ percent of “earned income,” a figure he calculated by including federal, state, and city taxes, sales tax, property tax, estate tax and “other hidden taxes.” “Why do you think you have a right to tax 60 percent of people’s money?” Hannity asked.
Weiner replied that it’s not about wanting to tax anyone, that “it is just about choices.” “I choose to stay on the side of the middle class. You want to defend the rich,” Weiner told Hannity, adding, “You want to borrow for Rupert Murdoch’s tax break,” referring to Hannity’s boss and billionaire News Corp. chairman. However, Hannity wouldn’t budge, and he didn’t dispute his love for Murdoch:
WEINER: If you give a tax cut to Rupert Murdoch. — We got to borrow the money to pay Rupert Murdoch’s tax break. You want to do that?
HANNITY: Listen, thank God, you know why for Rupert Murdoch? — Rupert Murdoch is a job creator. Rupert Murdoch is a taxpayer, Rupert Murdoch donates to charity and more than you do Congressman.
WEINER: He’s a very fine man. He’s a very fine man but that is not the question. The question is, you want to give him a tax cut and borrow it from my kids, no deal. No deal.
HANNITY: You know what, thank God Rupert Murdoch created a job for me so, I could tell you, you’re taking way too much in spending too much of the taxpayers dollars.
http://www.youtube.com/watch?v=yLVRaBWK ... r_embedded
It’s unclear how Hannity concluded that some New Yorkers will end up paying 60 percent of their income on taxes. He seems to just be adding up certain tax rate percentages, but of course, that’s not how it works.
And Weiner is right. The U.S. government will have to borrow more than $400 billion to pay for the Bush tax cut extension of the next two years, according to the congressional Joint Committee on Taxation.
But while Hannity is defending Murdoch’s billions, other billionaires are calling for the rich to sacrifice more. “I think that people at the high end — people like myself — should be paying a lot more in taxes,” billionaire Chairman and CEO of Berkshire Hathaway William Buffett said recently. “We have it better than we’ve ever had it.”
By Ben Armbruster
Last night on his Fox News show, Sean Hannity interviewed Rep. Anthony Weiner (D-NY) and expressed his outrage that Weiner wants the rich to pay more in taxes. Noting that Weiner is from New York, Hannity said, “Let’s go through the New York numbers.” The Fox News host then said if Weiner had his way, New Yorkers would be paying “55, 60″ percent of “earned income,” a figure he calculated by including federal, state, and city taxes, sales tax, property tax, estate tax and “other hidden taxes.” “Why do you think you have a right to tax 60 percent of people’s money?” Hannity asked.
Weiner replied that it’s not about wanting to tax anyone, that “it is just about choices.” “I choose to stay on the side of the middle class. You want to defend the rich,” Weiner told Hannity, adding, “You want to borrow for Rupert Murdoch’s tax break,” referring to Hannity’s boss and billionaire News Corp. chairman. However, Hannity wouldn’t budge, and he didn’t dispute his love for Murdoch:
WEINER: If you give a tax cut to Rupert Murdoch. — We got to borrow the money to pay Rupert Murdoch’s tax break. You want to do that?
HANNITY: Listen, thank God, you know why for Rupert Murdoch? — Rupert Murdoch is a job creator. Rupert Murdoch is a taxpayer, Rupert Murdoch donates to charity and more than you do Congressman.
WEINER: He’s a very fine man. He’s a very fine man but that is not the question. The question is, you want to give him a tax cut and borrow it from my kids, no deal. No deal.
HANNITY: You know what, thank God Rupert Murdoch created a job for me so, I could tell you, you’re taking way too much in spending too much of the taxpayers dollars.
http://www.youtube.com/watch?v=yLVRaBWK ... r_embedded
It’s unclear how Hannity concluded that some New Yorkers will end up paying 60 percent of their income on taxes. He seems to just be adding up certain tax rate percentages, but of course, that’s not how it works.
And Weiner is right. The U.S. government will have to borrow more than $400 billion to pay for the Bush tax cut extension of the next two years, according to the congressional Joint Committee on Taxation.
But while Hannity is defending Murdoch’s billions, other billionaires are calling for the rich to sacrifice more. “I think that people at the high end — people like myself — should be paying a lot more in taxes,” billionaire Chairman and CEO of Berkshire Hathaway William Buffett said recently. “We have it better than we’ve ever had it.”
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Comments
I had no idea the Rep. Weiner and Hannity would disagree on anything.....
:roll:
yawn....
this to me is the crux of the issue...no we don't have to borrow money to pay for Rupert's tax break...we have to only spend what we actually have...it isn't an either or situation and I hate that it is being framed as one
It is terrifying when you are too stupid to know who is dumb
- Joe Rogan
Exactly.
Succinct and correct.
Why didn't Hannity simply use your argument?
I don't get it, do we not have to borrow money? If we were only going to spend what we have, shouldn't the GOP have stepped up and cut earmarks? Shouldn't the GOP had to cut out the additional unemployment benefits? That's a tremendous amount of money. And as we know there is a whole lot of spending that could be cut, but it's not. Don't blame the way it's being phrased- there is some truths to that. This seems like it's more complicated then "don't spend what you don't have".... .....We seem to be a little divided on the financial situation of the country.
We bail out the super rich, but we can't expect them to contribute a little more towards our country?
I support a plan to cut spending.... But I think you mentioned in another thread that you were happy for Clinton's Presidency (i could be mistaken) --- why not return to that tax system?
I was happy with Clinton, but not for everything he did, more for his ability to work with a republican congress that hated him and actually have a pretty good economy and a BALANCED BUDGET.
for me it is never more complicated than don't spend what you don't have. When budgets get balanced, that is when surpluses start to come in. it is like using the debt reduction plan of Dave Ramsey, sure it sucks while you do it, but once you are done great things can start happening for you.
The tax system is meaningless considering that someone gets a tax credit for just about everything if they search hard enough...what I would like to see is getting rid of a lot of the tax credits we receive...things like mortgage interest tax breaks...rates don't have to raise to make up for all loop holes, all the loop holes need to be closed.
and to further your point, I agree, the GOP as well as the dems should cut the pork as much as possible...That is my biggest problem with those who constantly call republicans conservative...they aren't, they are tax and spend like everyone else, except they do it under the guise of fiscal conservatism, but completely forget about that when it comes to other things.
You think it is a bit of semantics, but it really isn't...politics is all about how you frame your argument...and the democrats are making this a rich and poor issue to confuse and distract from the bigger problem...they, and more so the GOP spent what they didn't have and now they aren't able to pay for it...I cannot simply walk into my bosses office and tell him I now make 80000 a year because that is what I budgeted for...the government should be held to the same god damn standard as everyone else.
and Hannity didn't use my argument because he is an idiot.
It is terrifying when you are too stupid to know who is dumb
- Joe Rogan
fine, let's "spend what we actually have"...It sounds so simple...tell us how we do that...
On the pie-charts that track government spending, there is always the small pie that is titled "Miscellaneous" or "Everything else". But the total cost is around $400B. That would be a great place to start with the chopping block.
Mike,
I agree on your phrase of "Don't spend what you don't have", but in this case it's obviously much more complicated then that..this is just a little out of control :roll: .... So many states/people/businesses are dependent on this borrowed money, and people are selling their souls or giving up a limb to keep it coming. What you said about the tax system and the loop holes is exactly right! And the wealthiest 2% are all over that shit, like hawks! Hell yeah- the loop holes need to be closed, but they were put there to benefit someone..... :? .. Whether the tax rate goes up a little or stays the same, they could care less cause they'll get it through the back door. The only folks who are really affected by anything are the middle class. Yeah Dems try to make this about class because most common folks, including myself only understand a certain amount of economics- If they start using all these big terms then the majority of Americans wont pay attention or wont know what the F' is going on, as if we do right now. But ultimately people try to argue on a lower scale because people can relate to it and feel a part of the system . Yeah it doesn't seem fare for people to have their money taxed by the Gov, but WTF - the reason we spend so damn much is because everyone wants a piece of the pie... All those company's who have government contracts are raping the shit out of the tax payer...Halliburton gave it to us & the troops with no vaseline. You think the unemployed are raping the tax payer? Shoot at least that money is going back into the system. This whole tax plan is more important then the F'ing people who were risking their life's on 9/11- it's disgraceful and pathetic how the powerful control the resources. F' them- give the poor man a little piece of bread too.... Our nation is wealthy and the money is their, but so much greed has washed up the system.... 111 million dollars in bonus for wall street this holiday season :thumbup: - do you really think a 4% increase is going to spoil their Christmas? I don't have a problem with people growing money out of their ass, but WTF- they are the cause of this shit..... the poor man doesn't manipulate the economy....they just break their backs for a 300 a week check..no complaints.... The Gov and these people who control our economy need to get their heads out of their ass and fix shit! We're not asking for a welfare check, we're asking for a little sacrifice and some real leaders!
Sorry man, but when anyone mentions conservatives or GOP, you have to look to Washington and see who is there. Those are the hawks that represent Conservatives to the vast majority of America, those are the folks that were elected to drop the deficit; and as things stand now-they are agreeing to add at a shit load of billions to the deficit.
So you see man.... this really is about the Haves and the Have-not. Why do we hold up everything to make sure the 2% get their tax break? WTF- let the unemployed eat bread and water....and let the taxes expire....Then vote these basters out of office, oh wait- we are already did....
Your comment on Hannity made me cry .....really....
You should call your representative, or the people you elected and tell them this.... I'm sure he/she would take care of it before the end of the year..... :roll:
congratulations!
http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... K:MEWAX:IT
You see the billionaires of the United States can afford to have their taxes increased just a little, and we're not asking them to support America, just contribute a little more to help clean up the mess that they partially started. I'm pretty sure you'll still be able to drop this kind of cash man.
aaaah, the ol' cut "social programs" and "Misc" and "Everything else"...that's a great place to start...
seriously, what does that even mean...
what social programs...? Medicaid? Social Security? Food Stamps? Public Housing?
I say we do away with the Tax Credit people get for having a kid...I'm serious...
the rich have seen growth the last, well, the last thousand years, but the working class, talking about the US now, has been stagnant. wages have not increased (after inflation) for almost 30 years, while CEOs have seen exponential growth in salary.
basically the rich have been getting richer and it hasn't benefited anybody.
taxing the rich would be a small step in this class war, which the rich are always waging, while the rest of us are caught wondering if there even is a war.
A tax-cut compromise between President Barack Obama and congressional Republicans – a harbinger of a new era of divided government in Washington – has cleared the House, sending the $858 billion bill to the president's desk. The bill, which passed 277 to 148, provides a two-year extension for all tax cuts that were due to expire Dec. 31 -- including for families earning more than $250,000 a year -- and extends unemployment insurance benefits through next year.
For more information... http://www.politico.com
pull all troops from around the world, including bases in germany, south korea,japan..back to the US.
quit engaging in military action.
eliminate the federal dept of education, putting the responsibility back on the states.
Legalize drugs ... merge and shrink the ATF and the DEA.
Stop federal aid to all countries that engage in mlitary hostility on another nation.
change the focus of entitlement programs from giving out aid to focus on job training and community service.
Stop the mortgage interest loophole.
give back the line item veto power to the president
quit paying congressmen a wage that they can get rich off of...they should make the median income of the country they are creating, no elected leader should get to live better than the majoriy of the country.
that is just a start. but getting creative and drastic is really the only way...we didn't force the government to spend too much, we should not be required to bail them out.
It is terrifying when you are too stupid to know who is dumb
- Joe Rogan
glad we can agree on something
It is terrifying when you are too stupid to know who is dumb
- Joe Rogan
So here's the plan as I see it, please correct me if I am wrong:
we are going to borrow billions of (additional) dollars from the Chinese and give the lions share to people who A) don't need it and
Funny that neither Hannity, nor the Crybaby speaker has a problem with this. I guess it's spending for the sick, disabled and the old that are considered wasteful spending.
Why don't we pull the tax breaks for the rich and tell them to bring back their workforce to the US, and they get their tax breaks back.
Here's another Idea, Let's tell Boeing and Lockeed to stop wasteful defense programs like building an iron man suit for the military and put them to work building a high speed rail system in the U.S.. That will cut billions from the budget, create hundreds of thousands of jobs and we will catch up the rest of the world technologically.
where are you going to house all the troops pulled from around the world...? and what's the cost savings...?
yeah, yeah...the dept of ed., and oldie but a goodie...for me, having 50 different curriculums doesn't sound like the best idea...but hey, let's do it and save a few billion...
the Stopping federal aid thing and legalizing drugs... :thumbup:
what's this mortgage interest loophole you speak of...?
line item veto power scares me...and I really don't see how that will save money...and I'm pretty sure bushy (I think o-bama is using them, too) had lots and lots of "signing statements", which is similar to the line-item-veto...still lots of debt...
as for the last statement about pay for congress, I'm not sure what to think...I guess that would be fine, I just don't know how much will really be saved....term limits would be better IMO...
It is terrifying when you are too stupid to know who is dumb
- Joe Rogan
I do think we should have some continued military presence throughout the world...I do think I should continue to enjoy the mortgage tax deduction....It's the only f-n deduction I get...and you know what I do what that...I spend it...which is good for the economy...
I do say we should get rid of the child tax credit....
Those pork projects create jobs...they inject money into the economy...
I say we cut and run from Afghanistan and cut Military spending by 33%....
I think having education standards are a good thing...having 50 or 57 (
So we agree on drugs and term limits....let's have a beer summit...!!! I'm buying...
great...I would actually say fine and go with you on the child tax credit and keep the mortgage deduction, I realize that the money gets spent, it is just harder to abuse the child tax credit...
Pork isn't all bad, in fact it is the senator/reps job to get it. However there does not need to be earmarks and pork in EVERY BILL PASSED and a line item veto would help curb some unnecessary dollar amounts.
Agree on Afghanistan as well. Best case scenario is that we allow a country to save itself, and if it doesn't want to that isn't our problem...all we should be interested in is keeping down the spread of disease in war torn areas and poverty stricken areas, and making it easier for those who want our way of life to come here or so we can teach them how to bring it back to their countries...
Also, get rid of most of the acronyms...what does the cia do that the nsa cannot? and why on earth don't we just have intelligence branches in our military and that is it, why on earth do we need a cia?
but I am all for the beer, in fact I think my friends and I solve all the world's problems over beer, it is just too bad none of us can remember the solutions once the whiskey starts flowing
It is terrifying when you are too stupid to know who is dumb
- Joe Rogan