President Obama's Speech

CH156378

As far as the Bush era tax cut extension goes.

Let’s consider all the Democratic ideas the president managed to include in exchange for that provision, and the temporary (not permanent) extension of the Bush tax cuts for the rich: an extension of the child-care tax credit, an extension of the earned income-tax credit, an extension of the college tuition tax credit, a year of unemployment benefits (more than they’d have gotten when the Republicans take control next month) and, most importantly, the bill includes payroll tax cuts that are universally considered to be the most stimulative kind of relief. In fact, most of the $858 billion package is directed toward middle-class families and constituencies that Democrats have planned to give relief to all along. This tax package is actually a pretty big liberal stimulus triumph.
Nuclear Arms Treaty with Russia. DADT repeal.

I also think it's funny how some of the people in here who prasied Paul Ryan(dickhead)for his budget proposal are now picking apart Obamas plan. I guess it's the (D) in front of his name.

Thank You President Obama for all your hard work! Don't let the turkeys get you down. Did I say turkeys? I meant to say "job creators."

inlet13

gimmesometruth27 wrote:

i was going to post this but you beat me to it. funny how people do not remember how he reluctantly renewed the tax cuts for the RICH only as a compromise because the fucking republicans were holding a piece of legislation hostage and would not even vote on it until obama approved the tax cuts for the wealthiest one percent. was it the 9/11 first responders health care bill maybe? at any rate, these republicans only care about the rich and will do whatever they can to make sure that the rich are taken care of at the expense of the rest of us. cut medicare and medicaid so some millionaire gets to keep more of the money that he does not need..... :roll: if i were rich i would probably be a republican, but i am not, so republicans as a party do not have my interests at hand, so they will never ever get my vote.

Yes, Republicans pushed the extension and yes he caved. But, he did make the action. He was the one who signed it. It was him. It wasn't an impostor. He can't blame it on Bush. It was him. He extended it.

No offense, but you sound like a blind sheep in this post. Do you really live in a bubble where all Republicans are bad people who want to F the poor? Did you ever think that maybe there's a mix of both bad and good Republicans and Democrats. Maybe not everyone in the world lives in a bubble where everything the Democrats do is right even when they violate things they stood for before they were power (think extending Bush tax cuts, not raising the debt ceiling or getting involved in another war).

Sometimes between these two parties there's different points of view to get to an objective. You may believe that the Republican "way" is typically incorrect... fair enough. But, to put it simply, that side doesn't want the government in their pocket book ... a lot of people, even on the Democrat side can agree with that on occasion. I for one don't vote always in one direction... I find it silly to come here and debate this with some who are so evidently hypotized by either Fox (on the right) or MSNBC (on the left). Get your own opinion.

gimmesometruth27 wrote:

and how is it a bad idea that to get out of debt you have to only cut spending and not increase revenue? what do individuals who are strugging financially do? they cut spending AND get a second job to increase the money in their pocket. the way i see it, the federal government has to do this as well. sure cut spending some, but also raise revenue via taxes on individuals AND corporations, who by the way seem to never ever pay taxes at all..... this is the easiest and most efficient way out of the current situation. and i am sorry. if you disagree with me on raising taxes i believe that you are 100% dead wrong. i think any reasonable person would say that you have to increase revenue AND cut spending.

It's stupid to worry about revenue when you should stop spending first. I'll use the example I used before. If you are in deep credit problems, you should stop spending not increase it. Then, sure after that, maybe you can find ways to bring in more revenue... like get another job. If we keep going down this road, our credit cards (as a country) won't be worth squat. Look at Greece.... even closer, look at Illinois. Stores won't accept government credit cards because the state is f'ing broke and not good to pay it back.

Do I think raising tax revenue would help cut debt? Yes. Do I also think that the way the government goes about raising that revenue matters? Yes. If you raise the corporate tax as you suggested, that would NOT work in my opinion. We already have the highest corporate tax rate in the industrialized world. Our corporations are getting around this by using mailboxes in other countries with 15% tax rates. We would GAIN tax revenue by LOWERING our corporate tax rate! This is simple math ,,, is 35% (our corporate tax rate) times 100 companies more than 15% times 400 companies? No, it's not. You end up with more tax revenue by having companies pay taxes here and all be held to the same standards... no loop holes for GE (who backed Obama and paid 3% taxes) or the like under Republican administrations.

We need to focus on spending because politicians on both sides love to spend and buy votes. If we stop for a month or slow down for a month, that may mean they'll double it in a year. We need to focus on spending. That's where the focus should be for the foreseeable future.

gimmesometruth27

inlet13 wrote:

gimmesometruth27 wrote:

i was going to post this but you beat me to it. funny how people do not remember how he reluctantly renewed the tax cuts for the RICH only as a compromise because the fucking republicans were holding a piece of legislation hostage and would not even vote on it until obama approved the tax cuts for the wealthiest one percent. was it the 9/11 first responders health care bill maybe? at any rate, these republicans only care about the rich and will do whatever they can to make sure that the rich are taken care of at the expense of the rest of us. cut medicare and medicaid so some millionaire gets to keep more of the money that he does not need..... :roll: if i were rich i would probably be a republican, but i am not, so republicans as a party do not have my interests at hand, so they will never ever get my vote.

Yes, Republicans pushed the extension and yes he caved. But, he did make the action. He was the one who signed it. It was him. It wasn't an impostor. He can't blame it on Bush. It was him. He extended it.

No offense, but you sound like a blind sheep in this post. Do you really live in a bubble where all Republicans are bad people who want to F the poor? Did you ever think that maybe there's a mix of both bad and good Republicans and Democrats. Maybe not everyone in the world lives in a bubble where everything the Democrats do is right even when they violate things they stood for before they were power (think extending Bush tax cuts, not raising the debt ceiling or getting involved in another war).

Sometimes between these two parties there's different points of view to get to an objective. You may believe that the Republican "way" is typically incorrect... fair enough. But, to put it simply, that side doesn't want the government in their pocket book ... a lot of people, even on the Democrat side can agree with that on occasion. I for one don't vote always in one direction... I find it silly to come here and debate this with some who are so evidently hypotized by either Fox (on the right) or MSNBC (on the left). Get your own opinion.

gimmesometruth27 wrote:

and how is it a bad idea that to get out of debt you have to only cut spending and not increase revenue? what do individuals who are strugging financially do? they cut spending AND get a second job to increase the money in their pocket. the way i see it, the federal government has to do this as well. sure cut spending some, but also raise revenue via taxes on individuals AND corporations, who by the way seem to never ever pay taxes at all..... this is the easiest and most efficient way out of the current situation. and i am sorry. if you disagree with me on raising taxes i believe that you are 100% dead wrong. i think any reasonable person would say that you have to increase revenue AND cut spending.

It's stupid to worry about revenue when you should stop spending first. I'll use the example I used before. If you are in deep credit problems, you should stop spending not increase it. Then, sure after that, maybe you can find ways to bring in more revenue... like get another job. If we keep going down this road, our credit cards (as a country) won't be worth squat. Look at Greece.... even closer, look at Illinois. Stores won't accept government credit cards because the state is f'ing broke and not good to pay it back.

Do I think raising tax revenue would help cut debt? Yes. Do I also think that the way the government goes about raising that revenue matters? Yes. If you raise the corporate tax as you suggested, that would NOT work in my opinion. We already have the highest corporate tax rate in the industrialized world. Our corporations are getting around this by using mailboxes in other countries with 15% tax rates. We would GAIN tax revenue by LOWERING our corporate tax rate! This is simple math ,,, is 35% (our corporate tax rate) times 100 companies more than 15% times 400 companies? No, it's not. You end up with more tax revenue by having companies pay taxes here and all be held to the same standards... no loop holes for GE (who backed Obama and paid 3% taxes) or the like under Republican administrations.

We need to focus on spending because politicians on both sides love to spend and buy votes. If we stop for a month or slow down for a month, that may mean they'll double it in a year. We need to focus on spending. That's where the focus should be for the foreseeable future.

i completely disagree. the republicans, as a party, stick to their ideology and nothing else, and that is tax cuts, no interference in business, and stay out of people's lives unless you don't pray to jesus, unless it has to do with abortion and whether or not you love another man or another woman depending on your gender. if the dems do not habitually cave in and give up their position then NOTHING would ever get done. look at recent history. the only reason things get passed is because the dems "cave" like they always do. it is because they would rather get something done than nothing done i guess. to me it is cowardly, but hey, that is how they have always been the last 20 years. and if you are a republican who has a dissenting voice they marginalize you and ostracize you. look at what happened to ron paul in 2008. he was not allowed to debate, and when he did debate the gop establishment and their media outlet fox news scoffed and blew him off just like everyone blew off the guy from "the rent is too damn high party", and no i am not making any of this up, look at the governing agenda of the republicans, look at what they are doing. they are doing what they said they would do, the same old tired reaganomics that has failed for 30 years. i could go on about that but i don't feel like getting into this big bruhaha and researching and posting a shitload of links and debating with someone who obviously will not listen to what i have to say. what have the republicans done for you when they have been in power? do you make $250,000? i don't. and if you think that 400 major corporations pay the large taxes to this country you are fooling yourself. they get around it somehow and nobody holds the robber barons accountable. look at the defense companies like haliburton, kbr, and blackwater. i wonder how their books look....

i use your example of someone with credit card debt. speaking from personal experience, i got into a world of financial trouble and debt and not all of it was my fault. i cut my spending and my band began to play more shows and i even joined a second band because it was the fastest way to make serious enough money to get ouy of debt. i could not afford to live by stopping buying necessary items like food and gas to get to and from work without raising my income by playing extra shows. it works. trust me, that plan works. i got out of debt within 8 months as opposed to 8 years, so it can be done. simple mathematics says the fastest way out of debt is to make more money and spend less of it. so let me get this straight, are you willing to just fuck over the poor by cutting entitlements, fuck over the kids by cutting education funding? fuck over poor women by cutting funding to planned parenthood? fuck over the unemployed and the 99ers by cutting their benefits? if you are then do it your way. if you are pragmatic like me, if you are going to cut those things and penalize the poor you had better damn well raise taxes on the people who can afford it. we live in a society here and we can not continue that society with cutting all of these programs who have been there for the last 30-60 years and hurting th epoor while continually coddling the rich and big business by continuing to give tax breaks to millionaires and billionaires and corporations.. if we cut anything we should SIGNIFICANTLY cut defense first, then go from there. and as far as you implying that i am an msnbc sheep, read my posts. i post links from all over the world and i research and make up my own mind. that is more than i can say for a lot of people around here.. i do not watch msnbc because it is just as ludicrous for me to watch that as it would be for me to watch fox news. it is pretty shitty that i need to read and watch news from other countries to find out what is really going on...

oh yeah, and i liked the part of the speech where obama said that certain things would not happen as long as he is president and that certain things are wrong and unacceptable. unfortunately i do not believe him anymore. i agree with his tone, and i like his passion, but we all know what is going to happen.

inlet13

gimmesometruth27 wrote:

inlet13 wrote:

gimmesometruth27 wrote:

i was going to post this but you beat me to it. funny how people do not remember how he reluctantly renewed the tax cuts for the RICH only as a compromise because the fucking republicans were holding a piece of legislation hostage and would not even vote on it until obama approved the tax cuts for the wealthiest one percent. was it the 9/11 first responders health care bill maybe? at any rate, these republicans only care about the rich and will do whatever they can to make sure that the rich are taken care of at the expense of the rest of us. cut medicare and medicaid so some millionaire gets to keep more of the money that he does not need..... :roll: if i were rich i would probably be a republican, but i am not, so republicans as a party do not have my interests at hand, so they will never ever get my vote.

Yes, Republicans pushed the extension and yes he caved. But, he did make the action. He was the one who signed it. It was him. It wasn't an impostor. He can't blame it on Bush. It was him. He extended it.

No offense, but you sound like a blind sheep in this post. Do you really live in a bubble where all Republicans are bad people who want to F the poor? Did you ever think that maybe there's a mix of both bad and good Republicans and Democrats. Maybe not everyone in the world lives in a bubble where everything the Democrats do is right even when they violate things they stood for before they were power (think extending Bush tax cuts, not raising the debt ceiling or getting involved in another war).

Sometimes between these two parties there's different points of view to get to an objective. You may believe that the Republican "way" is typically incorrect... fair enough. But, to put it simply, that side doesn't want the government in their pocket book ... a lot of people, even on the Democrat side can agree with that on occasion. I for one don't vote always in one direction... I find it silly to come here and debate this with some who are so evidently hypotized by either Fox (on the right) or MSNBC (on the left). Get your own opinion.

gimmesometruth27 wrote:

and how is it a bad idea that to get out of debt you have to only cut spending and not increase revenue? what do individuals who are strugging financially do? they cut spending AND get a second job to increase the money in their pocket. the way i see it, the federal government has to do this as well. sure cut spending some, but also raise revenue via taxes on individuals AND corporations, who by the way seem to never ever pay taxes at all..... this is the easiest and most efficient way out of the current situation. and i am sorry. if you disagree with me on raising taxes i believe that you are 100% dead wrong. i think any reasonable person would say that you have to increase revenue AND cut spending.

It's stupid to worry about revenue when you should stop spending first. I'll use the example I used before. If you are in deep credit problems, you should stop spending not increase it. Then, sure after that, maybe you can find ways to bring in more revenue... like get another job. If we keep going down this road, our credit cards (as a country) won't be worth squat. Look at Greece.... even closer, look at Illinois. Stores won't accept government credit cards because the state is f'ing broke and not good to pay it back.

Do I think raising tax revenue would help cut debt? Yes. Do I also think that the way the government goes about raising that revenue matters? Yes. If you raise the corporate tax as you suggested, that would NOT work in my opinion. We already have the highest corporate tax rate in the industrialized world. Our corporations are getting around this by using mailboxes in other countries with 15% tax rates. We would GAIN tax revenue by LOWERING our corporate tax rate! This is simple math ,,, is 35% (our corporate tax rate) times 100 companies more than 15% times 400 companies? No, it's not. You end up with more tax revenue by having companies pay taxes here and all be held to the same standards... no loop holes for GE (who backed Obama and paid 3% taxes) or the like under Republican administrations.

We need to focus on spending because politicians on both sides love to spend and buy votes. If we stop for a month or slow down for a month, that may mean they'll double it in a year. We need to focus on spending. That's where the focus should be for the foreseeable future.

i completely disagree. the republicans, as a party, stick to their ideology and nothing else, and that is tax cuts, no interference in business, and stay out of people's lives unless you don't pray to jesus, unless it has to do with abortion and whether or not you love another man or another woman depending on your gender. if the dems do not habitually cave in and give up their position then NOTHING would ever get done. look at recent history. the only reason things get passed is because the dems "cave" like they always do. it is because they would rather get something done than nothing done i guess. to me it is cowardly, but hey, that is how they have always been the last 20 years. and if you are a republican who has a dissenting voice they marginalize you and ostracize you. look at what happened to ron paul in 2008. he was not allowed to debate, and when he did debate the gop establishment and their media outlet fox news scoffed and blew him off just like everyone blew off the guy from "the rent is too damn high party", and no i am not making any of this up, look at the governing agenda of the republicans, look at what they are doing. they are doing what they said they would do, the same old tired reaganomics that has failed for 30 years. i could go on about that but i don't feel like getting into this big bruhaha and researching and posting a shitload of links and debating with someone who obviously will not listen to what i have to say. what have the republicans done for you when they have been in power? do you make $250,000? i don't. and if you think that 400 major corporations pay the large taxes to this country you are fooling yourself. they get around it somehow and nobody holds the robber barons accountable. look at the defense companies like haliburton, kbr, and blackwater. i wonder how their books look....

i use your example of someone with credit card debt. speaking from personal experience, i got into a world of financial trouble and debt and not all of it was my fault. i cut my spending and my band began to play more shows and i even joined a second band because it was the fastest way to make serious enough money to get ouy of debt. i could not afford to live by stopping buying necessary items like food and gas to get to and from work without raising my income by playing extra shows. it works. trust me, that plan works. i got out of debt within 8 months as opposed to 8 years, so it can be done. simple mathematics says the fastest way out of debt is to make more money and spend less of it. so let me get this straight, are you willing to just fuck over the poor by cutting entitlements, fuck over the kids by cutting education funding? fuck over poor women by cutting funding to planned parenthood? fuck over the unemployed and the 99ers by cutting their benefits? if you are then do it your way. if you are pragmatic like me, if you are going to cut those things and penalize the poor you had better damn well raise taxes on the people who can afford it. we live in a society here and we can not continue that society with cutting all of these programs who have been there for the last 30-60 years and hurting th epoor while continually coddling the rich and big business by continuing to give tax breaks to millionaires and billionaires and corporations.. if we cut anything we should SIGNIFICANTLY cut defense first, then go from there. and as far as you implying that i am an msnbc sheep, read my posts. i post links from all over the world and i research and make up my own mind. that is more than i can say for a lot of people around here.. i do not watch msnbc because it is just as ludicrous for me to watch that as it would be for me to watch fox news. it is pretty shitty that i need to read and watch news from other countries to find out what is really going on...

oh yeah, and i liked the part of the speech where obama said that certain things would not happen as long as he is president and that certain things are wrong and unacceptable. unfortunately i do not believe him anymore. i agree with his tone, and i like his passion, but we all know what is going to happen.

Hey, you know what, I re-read my post and I should apologize for coming across as slightly condescending. That's my bad. I'm just frustrated.

Look, I realize you side with one point of view. I'm open to all points of view. But, I'll say this... I don't believe Obama is right on debt. I think he's dead wrong. I look at eastern Asian countries and see the ability to attract business. I see success in areas that have lower taxes (Ireland, Switzerland, some easter-asian countries). To me, it's common sense. If you are a business and you can locate where you want. Why would you locate in an area where you will have to pay the largest tax in the world? You wouldn't. You would try to get around it, so you wouldn't have to move. Which is happening now, they are dodging the taxes. Like I said, look at GE... what did they pay? 3%. That's in our country... a country with a 35% tax rate (Highest in the world). Anyway, they will continue to get around it because Obama and his like know if they enforce it... they will lose them completely. So, my point is lower the tax rate to be competitive. That way, corporations will stay, and we most likely will get even more investment in our country ,.... and MORE TAX REVENUE. Good. Corporations provide jobs, which is also good. Sure, some corporations are shitty... but, guess what they employ people. Government can't solve that without getting out of the way.

As for your band, I'll make a recommendation.... get another job outside of music part-time to keep yourself afloat. I wish everyone here, including yourself, the best. You are really good at your music (yes, I've listened and really say that as a compliment), so I'm not trying to criticize you, I'm just saying everyone needs to realize if they want to really do well financially, we can't always do what we love for our soul career. Sometimes, we don't get the breaks to make it our sole career.

Regardless, I wish you luck. I'm out of here (Moving Train). I can't stand these political debates. No offense to you or anyone in here, but to me, the people here seem to think you are more informed than a typical Pearl Jam fan or typical citizen.... and maybe, in a rare case, you aren't and you're simply dealing with a person with a different opinion who is just as informed (maybe even more so) that holds a DIFFERENT opinion... which is no better or worse than yours. At the end of the day, these are opinions... we are not politicians, afterall.

inlet13

Last point:

Prior to 9/11 we spent less than 2 trillion in government spending (1.8). Since, then we've doubled it.

Let's get real. Doubling it... is more than keeping pace with inflation... especially since deflation occurred in 09.

Sorry... I'm out.

Smellyman

trickle down baby!!! Give the tax breaks to the rich and watch the money spigot open as money and jobs trikcle down to the middle class and the poor......




wait....that has never ever ever ever happened.


the repbulicans, poor and middle class, lap it up though.....idiocy tastes great.



morons.

Indifference

The Presidential Divider
Obama's toxic speech and even worse plan for deficits and debt.

http://online.wsj.com/article/SB1000142 ... on_LEADTop

polaris_x

i find it interesting that people want to cast blame for the economic mess on politicians and parties and presidents ... the real problem are the people ... what do you expect when as a country everyone puts themselves first? ... this mess didn't start with Bush ... it started a long time ago ... the only difference is now people have started to wake up to the fact the american economy is not made of marble but fake plastic from china ...

Godfather.

polaris_x wrote:

i find it interesting that people want to cast blame for the economic mess on politicians and parties and presidents ... the real problem are the people ... what do you expect when as a country everyone puts themselves first? ... this mess didn't start with Bush ... it started a long time ago ... the only difference is now people have started to wake up to the fact the american economy is not made of marble but fake plastic from china ...

my Idea is this, I agree with you but also I believe our politicians spend too much money on things that arn't necesary to the well being of the American people,too much money is spent on support of other country's , the US sends $billions to aid country's that keep the money and even food and medical supplies for the inner circles of their government leaving very little if any for the poor and starving in those country's, the US spends way too much supporting the Ileagel's that cross borders into this country,there is a lot that this country can do with out taxing the already over taxed American people, this country could also be more business frindly
doing more to support American owned business to keep jobs here rather then out-sourse to business over seas, the US can also drill for it's OWN oil rather than punnish the American people for the rising cost of forign
oil ...and that ECO shit don't fly me either,is o.k to drill in the middle east and and damage their eco system but not ours ? engage in a war over oil that will cost billion and more importantly human lives ?.
the US needs to stop kissing the worlds ass and save it self first so that we can be in a position to help other country's with out over taxing the American people to do it, and by the way there should stricter penelties for politicians that abuse their power..throw a few of them crooked bastards in the main stream population at a state run prision and not a federal prision with special protection,that will make em think twice.
that's my rant for the quarter.

Godfather.

mikepegg44

polaris_x wrote:

i find it interesting that people want to cast blame for the economic mess on politicians and parties and presidents ... the real problem are the people ... what do you expect when as a country everyone puts themselves first? ... this mess didn't start with Bush ... it started a long time ago ... the only difference is now people have started to wake up to the fact the american economy is not made of marble but fake plastic from china ...

you are right, it didn't start yesterday, but being a me first country isn't the problem. Government debt and spending affect the value of the dollar. Commodities prices are then affected by the value of that dollar, causing EVERYTHING to become more expensive. Because of the government, the dollar in my pocket today is worth less than yesterday.

EdsonNascimento

We need to stop spending and start spending what we are more intelligently. That's it. It's that simple. We don't need more taxes.

David Dinkins said we couldn't stop the Welfare rolls from growing and crime was pretty much out of control.

Rudy Giuliani doubled spending on police, etc, cleaned up Times Square ("Disneyfied" it to some) and made it a tax stream for the city. He stopped hand outs except in turly dire situations and Welfare rolls fell to their lowest levels since the 50's. He did not increase taxes. He increased tax revenue by creating new and better streams.

Did NYC collapse from all the homeless? No. It prospered. People found jobs. They took jobs at McDonald's because that's what they had to do to live.

Give a man a fish, and he eats for a day. Teach him how to fish....

Quite frankly if this country didn't have it's head up it's ass we'd worry less about folks personal lives and elect people that have proven they're qualified to be President instead of a Community Organizer who was so clearly in over his head from the word go (we're going to close Guantanamo and have public trials - umm.. wait.. There's a reason they did that? We're going to have more transparency in gov't.. uumm. Wait. There ARE some things that is better being private for the public good? Umm. Wait... It's someone else's fault!!! Listen to me!!! IT's someone else's fault!!!!! Will you listen?!!! I keep telling you it's someone elses fault!!!!! I am a victim. And I will make sure all the other "victims" are taken care of).

I think "rich" liberals should pay triple their own taxes and let the rest of us be if they are so pro-raising taxes. Nothing stops anyone from going to the Federal Gov't and saying - here's a Million to go toward increased tax revenue. Why do outspoken liberals NEVER DO THIS?!??

gimmesometruth27

EdsonNascimento wrote:

I think "rich" liberals should pay triple their own taxes and let the rest of us be if they are so pro-raising taxes. Nothing stops anyone from going to the Federal Gov't and saying - here's a Million to go toward increased tax revenue. Why do outspoken liberals NEVER DO THIS?!??

wrong, several "rich liberals" have offered to pay much more in taxes. michael moore, soros, huffington, many democratic politicians all have advocated paying more out of their own pockets. bill gates even offered to pay a significantly higher amount of taxes in washington state and make that the law because the state is broke. rich liberals give money away. rich conservatives hoard theirs.

when is the last time any conservative went on record and said "i will gladly pay more in taxes to help out my sturggling country"???? i can't think of a single one.

polaris_x

mikepegg44 wrote:

you are right, it didn't start yesterday, but being a me first country isn't the problem. Government debt and spending affect the value of the dollar. Commodities prices are then affected by the value of that dollar, causing EVERYTHING to become more expensive. Because of the government, the dollar in my pocket today is worth less than yesterday.

it is the problem ... there are plenty of people who are doing quite well in this time of economic depression ... the prosperity gap is widening ... it has been made so because people only think of themselves ... and is it any wonder that the people who seek to gain mass wealth have all done well while others have not ...

cincybearcat

gimmesometruth27 wrote:

wrong, several "rich liberals" have offered to pay much more in taxes. michael moore, soros, huffington, many democratic politicians all have advocated paying more out of their own pockets. bill gates even offered to pay a significantly higher amount of taxes in washington state and make that the law because the state is broke. rich liberals give money away. rich conservatives hoard theirs.

when is the last time any conservative went on record and said "i will gladly pay more in taxes to help out my sturggling country"???? i can't think of a single one.

Offered to or did it?

Shawshank

It's crazy economics to think that raising the tax rate is the way to help this disaster. You don't increase tax revenue by giving people less money to spend. You only have a small percentage of people that actually pay tax to begin with. The very wealthy have ways to get around paying most of the tax they owe. Their loopholes have loopholes. The very poor obviously have nothing to pay. So you have this group in the middle, and I guess making $250,000 a year now is considered "rich". While it does make life more comfortable, especially when you live well within your means, it is in no way "rich". I think anyone who thinks it is, needs to raise their aspirations a bit. It's really not that hard to make that kind of money these days.

I think they should do away with all the bullshit and just have an 8% sales tax on everything except food and clothing. That's the most simple solution. Then you have EVERYONE paying tax. It doesn't matter if you're a billionaire CEO or a drug runner. You're paying your tax if you use your money. No more writing off your $600,000 motorhome as a business expense. This government would have more money than they knew what do with, and I believe it would allow our economy to explode.

If anything, I say they should raise, or hell, I'd even be happy with making big corporations pay ANY tax at all. The problem with the system now is, the smaller corporations are the ones that get hurt. People who don't have their own business, or who have never known the struggle of running their own business like to blame everything on corporations, as if they are the scum of society. In reality, most corporations in this country are small local employers. They probably do less than $5 million a year in revenue, and probably hire a few hundred people. There's a huge difference between your average corporation and a company like GE. It's these smaller companies who carry a huge burden already. Raising taxes on them WILL NOT EVER help our economy. The only thing that will have a substantial impact is to eliminate the ability of mega corporations to avoid paying taxes. They are the ones who have funneled money everywhere in an effort to pay almost no tax. That alone causes a shortfall that is easily in the hundreds of billions of dollars. Close the loop holes there, then lower the tax rate across the board to ease up on the smaller companies, and you will actually increase tax revenue.

unsung

I'm for the Paul Ryan plan. He wants to lock in spending for five years at the year 2000 levels. That would force us out of wars.

gimmesometruth27

cincybearcat wrote:

gimmesometruth27 wrote:

wrong, several "rich liberals" have offered to pay much more in taxes. michael moore, soros, huffington, many democratic politicians all have advocated paying more out of their own pockets. bill gates even offered to pay a significantly higher amount of taxes in washington state and make that the law because the state is broke. rich liberals give money away. rich conservatives hoard theirs.

when is the last time any conservative went on record and said "i will gladly pay more in taxes to help out my sturggling country"???? i can't think of a single one.

Offered to or did it?

does it really matter? gates and his dad campaigned hard to get that bill passed in washigton. i have not heard if it passed but it was to tax the top 5% significantly more. if it passed i am sure gates paid more money....

gimmesometruth27

unsung wrote:

I'm for the Paul Ryan plan. He wants to lock in spending for five years at the year 2000 levels. That would force us out of wars.

that would force us out of the wars, yes, but things cost more now 11 years later, so paul ryan would have to account for inflation and the weaker dollar.

davidtrios

I heard he doesnt want to raise taxes for the middle class, but wants to eliminate writing off mortage interest...

Isn't that way of increasing taxes for the middle class without raising them?
:thumbdown:

unsung

gimmesometruth27 wrote:

unsung wrote:

I'm for the Paul Ryan plan. He wants to lock in spending for five years at the year 2000 levels. That would force us out of wars.

that would force us out of the wars, yes, but things cost more now 11 years later, so paul ryan would have to account for inflation and the weaker dollar.

True, I'm sure that is in the mix. Our 2000 level for military was about $200B, now it is $700B. More proof Obama is no different than Bush.