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To reduce the debt, would you support a tax hike for rich?

davidtriosdavidtrios Posts: 9,732
edited December 2011 in A Moving Train
Thats easy- YES!

Here is a short poll from Bernie Sanders:
http://sanders.senate.gov/polls/index.c ... d108a86140
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  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    Davidtrios wrote:
    Thats easy- YES!

    Here is a poll from Bernie Sanders:
    http://sanders.senate.gov/polls/index.c ... d108a86140
    i would. absolutely.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • MoonpigMoonpig Posts: 659
    Davidtrios wrote:
    Thats easy- YES!

    Here is a poll from Bernie Sanders:
    http://sanders.senate.gov/polls/index.c ... d108a86140

    I'll take the common sense answer - ofcourse
  • mikepegg44mikepegg44 Posts: 3,353
    Davidtrios wrote:
    Thats easy- YES!

    Here is a poll from Bernie Sanders:
    http://sanders.senate.gov/polls/index.c ... d108a86140


    do you mean, raise taxes and all the extra revenue does directly towards the debt? or that this revenue will go to closing the deficits?

    either way I am inclined to say no I would not support it. But I am more inclined to support income tax reform if the additional revenues could only be spent on paying down the debt
    that’s right! Can’t we all just get together and focus on our real enemies: monogamous gays and stem cells… - Ned Flanders
    It is terrifying when you are too stupid to know who is dumb
    - Joe Rogan
  • Godfather.Godfather. Posts: 12,504
    I'll go with the uneducated look of wonder anwser :shock: :lol:
    why do we have to raise tax's at all why couldn't we make cuts at the levels where the money is mis-spent ?
    we didn't get into this mess overnight so why do these people think they can fix it over night with higher tax's ?

    Godfather.
  • davidtriosdavidtrios Posts: 9,732
    Godfather. wrote:
    I'll go with the uneducated look of wonder anwser :shock: :lol:
    why do we have to raise tax's at all why couldn't we make cuts at the levels where the money is mis-spent ?
    we didn't get into this mess overnight so why do these people think they can fix it over night with higher tax's ?

    Godfather.

    the debt is so great that cuts alone won't do much good.
  • Godfather.Godfather. Posts: 12,504
    Davidtrios wrote:
    Godfather. wrote:
    I'll go with the uneducated look of wonder answer :shock: :lol:
    why do we have to raise tax's at all why couldn't we make cuts at the levels where the money is mis-spent ?
    we didn't get into this mess overnight so why do these people think they can fix it over night with higher tax's ?

    Godfather.

    the debt is so great that cuts alone won't do much good.


    there is much money spent (billions) on thing's that we can do with out for a while
    or indefinitely for that matter.

    Godfather.
  • davidtriosdavidtrios Posts: 9,732
    cuts are needed but savings billions wont help cut into trillions of debt, ergo, tax the rich...no?
  • Cool Face RyanCool Face Ryan Posts: 1,254
    I think the government should worry about important things, like Roger Clemens and Anthony Galea.
    MSG II 5/21/10
    Tres Mts. Gramercy Theatre 3/26/11
    *formerly manutd3581
  • inmytreeinmytree Posts: 4,741
    Davidtrios wrote:
    Thats easy- YES!

    Here is a short poll from Bernie Sanders:
    http://sanders.senate.gov/polls/index.c ... d108a86140

    Allow the bush era tax cuts to expire for all and this mess will be solved...
  • davidtriosdavidtrios Posts: 9,732
    inmytree wrote:
    Davidtrios wrote:
    Thats easy- YES!

    Here is a short poll from Bernie Sanders:
    http://sanders.senate.gov/polls/index.c ... d108a86140

    Allow the bush era tax cuts to expire for all and this mess will be solved...


    i agree wity this statement and btw, i want your forum name
  • inmytreeinmytree Posts: 4,741
    Davidtrios wrote:
    inmytree wrote:
    Davidtrios wrote:
    Thats easy- YES!

    Here is a short poll from Bernie Sanders:
    http://sanders.senate.gov/polls/index.c ... d108a86140

    Allow the bush era tax cuts to expire for all and this mess will be solved...


    i agree wity this statement and btw, i want your forum name

    :D
  • JeanwahJeanwah Posts: 6,363
    YES!!!
    inmytree wrote:
    Allow the bush era tax cuts to expire for all and this mess will be solved...
    :thumbup:
  • pjfan021pjfan021 Posts: 684
    yes. additional 700 billion a year.
  • mikepegg44mikepegg44 Posts: 3,353
    pjfan021 wrote:
    yes. additional 700 billion a year.


    what are you talking about? do you mean that if tax cuts expire we would get an additional 700 billion a year? I think you are mistaken.

    Also, if we doubled tax revenue I am fairly certain we would still be running a deficit
    that’s right! Can’t we all just get together and focus on our real enemies: monogamous gays and stem cells… - Ned Flanders
    It is terrifying when you are too stupid to know who is dumb
    - Joe Rogan
  • Jason PJason P Posts: 19,156
    Taxing the Monopoly Man will solve all our problems! Who-hoo!

    Can't wait to see who they decide to tax next because the Monopoly Man couldn't cover the tab and they can't cut spending .... but who cares about tomorrow?
    Be Excellent To Each Other
    Party On, Dudes!
  • inmytreeinmytree Posts: 4,741
    mikepegg44 wrote:
    pjfan021 wrote:
    yes. additional 700 billion a year.


    what are you talking about? do you mean that if tax cuts expire we would get an additional 700 billion a year? I think you are mistaken.

    Also, if we doubled tax revenue I am fairly certain we would still be running a deficit


    an interesting read...

    http://tpmdc.talkingpointsmemo.com/2011 ... appear.php
  • inmytreeinmytree Posts: 4,741
    Jason P wrote:
    Taxing the Monopoly Man will solve all our problems! Who-hoo!

    Can't wait to see who they decide to tax next because the Monopoly Man couldn't cover the tab and they can't cut spending .... but who cares about tomorrow?

    why not do both...? let the tax cuts expire and reduce spending....
  • slightofjeffslightofjeff Posts: 7,762
    Everybody wants to tax the rich.
    Until they decide "the rich" means you.

    But, it's true. Rich people need to be punished for making so much money. That'll show 'em!
    everybody wants the most they can possibly get
    for the least they could possibly do
  • Jason PJason P Posts: 19,156
    inmytree wrote:
    Jason P wrote:
    Taxing the Monopoly Man will solve all our problems! Who-hoo!

    Can't wait to see who they decide to tax next because the Monopoly Man couldn't cover the tab and they can't cut spending .... but who cares about tomorrow?

    why not do both...? let the tax cuts expire and reduce spending....
    Well, I want to see spending and budgets significantly reduced first. An act of good faith, as we call it. That happens, then tax away!

    But, my gut says spending will not be significantly reduced so I would rather keep my hard-earned money for now. It's tough enough to scrape by the way it is.
    Be Excellent To Each Other
    Party On, Dudes!
  • pjfan021pjfan021 Posts: 684
    mikepegg44 wrote:
    pjfan021 wrote:
    yes. additional 700 billion a year.


    what are you talking about? do you mean that if tax cuts expire we would get an additional 700 billion a year? I think you are mistaken.

    Also, if we doubled tax revenue I am fairly certain we would still be running a deficit

    i'm sorry, they cost 300 billion a year. that will help along with budget cuts.
  • butterjambutterjam Posts: 215
    There should be some sort of increase in taxes on the wealthy. But budget cuts should be the key in reducing the debt. Such as bringing home all troops from around the world. That would be #1 on my list.
  • mikepegg44mikepegg44 Posts: 3,353
    inmytree wrote:
    mikepegg44 wrote:
    pjfan021 wrote:
    yes. additional 700 billion a year.


    what are you talking about? do you mean that if tax cuts expire we would get an additional 700 billion a year? I think you are mistaken.

    Also, if we doubled tax revenue I am fairly certain we would still be running a deficit


    an interesting read...

    http://tpmdc.talkingpointsmemo.com/2011 ... appear.php


    that is interesting...but isn't that letting all the tax cuts expire...not just the rich...also isn't that assuming that the doc fix portion of medicare will also be stopped? meaning that they will receive about a 20% cut in reimbursement for services? it isn't simply the tax cuts that are going to solve the problem...there are also other tax incentives that are set to expire...you see this is the problem with the way this is being reported.
    Those things are simply glossed over but are very important don't you think...the way that link was written you would think that simply letting the 2% tax cut expire is going to solve the budget problem on its own...that isn't the case.
    that’s right! Can’t we all just get together and focus on our real enemies: monogamous gays and stem cells… - Ned Flanders
    It is terrifying when you are too stupid to know who is dumb
    - Joe Rogan
  • inmytreeinmytree Posts: 4,741
    mikepegg44 wrote:


    that is interesting...but isn't that letting all the tax cuts expire...not just the rich...also isn't that assuming that the doc fix portion of medicare will also be stopped? meaning that they will receive about a 20% cut in reimbursement for services? it isn't simply the tax cuts that are going to solve the problem...there are also other tax incentives that are set to expire...you see this is the problem with the way this is being reported.
    Those things are simply glossed over but are very important don't you think...the way that link was written you would think that simply letting the 2% tax cut expire is going to solve the budget problem on its own...that isn't the case.

    I've been for all bush tax cuts going away...and been consistent on that...

    anyhoo...in order to address the issue, two things need to happen...spending cuts and tax increases...one side has agreed to lots of cuts, the other has agreed to nothing....

    I understand the problem is complex...I know it's not simple...and I know by letting the bush tax cuts expire, this country would be in a much better place...we need revenue and cuts...

    and please, present some data on how that article is incorrect, because those numbers came from the CBO....I happen to think they do a good job of presenting facts...
  • mikepegg44mikepegg44 Posts: 3,353
    pjfan021 wrote:
    mikepegg44 wrote:
    pjfan021 wrote:
    yes. additional 700 billion a year.


    what are you talking about? do you mean that if tax cuts expire we would get an additional 700 billion a year? I think you are mistaken.

    Also, if we doubled tax revenue I am fairly certain we would still be running a deficit

    i'm sorry, they cost 300 billion a year. that will help along with budget cuts.


    do they really cost 300 billion a year though? can I have a source for that, for what I have seen the tax cuts that bush put into place are projected to cost 1.3 to 1.6 trillion over 10 years....that is far lower than your number...not trying to argue, just not sure where your number came from and would love to see it. Trying to make sense of the budget projections and all that stuff is mind blowing so I could very well have missed your figure somewhere

    but more importantly and a bit off the topic shouldn't we say that that the money ISNT THE FUCKING GOVERNMENTS MONEY TO COUNT AS LOST REVENUE...the money belongs to the person who earned the money now instead of the government...if the government lost it at the craps table...that is lost money...the government cannot lose tax revenue...hopefully that makes some sense.
    that’s right! Can’t we all just get together and focus on our real enemies: monogamous gays and stem cells… - Ned Flanders
    It is terrifying when you are too stupid to know who is dumb
    - Joe Rogan
  • mikepegg44mikepegg44 Posts: 3,353
    inmytree wrote:
    mikepegg44 wrote:


    that is interesting...but isn't that letting all the tax cuts expire...not just the rich...also isn't that assuming that the doc fix portion of medicare will also be stopped? meaning that they will receive about a 20% cut in reimbursement for services? it isn't simply the tax cuts that are going to solve the problem...there are also other tax incentives that are set to expire...you see this is the problem with the way this is being reported.
    Those things are simply glossed over but are very important don't you think...the way that link was written you would think that simply letting the 2% tax cut expire is going to solve the budget problem on its own...that isn't the case.

    I've been for all bush tax cuts going away...and been consistent on that...

    anyhoo...in order to address the issue, two things need to happen...spending cuts and tax increases...one side has agreed to lots of cuts, the other has agreed to nothing....

    I understand the problem is complex...I know it's not simple...and I know by letting the bush tax cuts expire, this country would be in a much better place...we need revenue and cuts...

    and please, present some data on how that article is incorrect, because those numbers came from the CBO....I happen to think they do a good job of presenting facts...

    I shall do my best

    here is one about the doc fix they approved last year on a 1 year basis
    http://thehill.com/blogs/healthwatch/he ... c-fix-deal

    that means that around a 20% cut in medicare reimbursements to docs as far as I can tell.

    http://money.cnn.com/2010/07/27/pf/taxe ... /index.htm
    http://bucks.blogs.nytimes.com/2010/12/ ... pire-soon/


    these are just a few, I don't have the time to find every one, but I am sure there are plenty more out there.
    that’s right! Can’t we all just get together and focus on our real enemies: monogamous gays and stem cells… - Ned Flanders
    It is terrifying when you are too stupid to know who is dumb
    - Joe Rogan
  • inmytreeinmytree Posts: 4,741
    mikepegg44 wrote:
    inmytree wrote:
    mikepegg44 wrote:


    that is interesting...but isn't that letting all the tax cuts expire...not just the rich...also isn't that assuming that the doc fix portion of medicare will also be stopped? meaning that they will receive about a 20% cut in reimbursement for services? it isn't simply the tax cuts that are going to solve the problem...there are also other tax incentives that are set to expire...you see this is the problem with the way this is being reported.
    Those things are simply glossed over but are very important don't you think...the way that link was written you would think that simply letting the 2% tax cut expire is going to solve the budget problem on its own...that isn't the case.

    I've been for all bush tax cuts going away...and been consistent on that...

    anyhoo...in order to address the issue, two things need to happen...spending cuts and tax increases...one side has agreed to lots of cuts, the other has agreed to nothing....

    I understand the problem is complex...I know it's not simple...and I know by letting the bush tax cuts expire, this country would be in a much better place...we need revenue and cuts...

    and please, present some data on how that article is incorrect, because those numbers came from the CBO....I happen to think they do a good job of presenting facts...

    I shall do my best

    here is one about the doc fix they approved last year on a 1 year basis
    http://thehill.com/blogs/healthwatch/he ... c-fix-deal

    that means that around a 20% cut in medicare reimbursements to docs as far as I can tell.

    http://money.cnn.com/2010/07/27/pf/taxe ... /index.htm
    http://bucks.blogs.nytimes.com/2010/12/ ... pire-soon/


    these are just a few, I don't have the time to find every one, but I am sure there are plenty more out there.

    Thanks, Mike...I'll read them over...

    :thumbup:
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    No.

    More taxes are not needed if we were not involved in two wars and playing in an unconstitutional third.
  • FlaggFlagg Posts: 5,856
    Godfather. wrote:
    Davidtrios wrote:
    Godfather. wrote:
    I'll go with the uneducated look of wonder answer :shock: :lol:
    why do we have to raise tax's at all why couldn't we make cuts at the levels where the money is mis-spent ?
    we didn't get into this mess overnight so why do these people think they can fix it over night with higher tax's ?

    Godfather.

    the debt is so great that cuts alone won't do much good.


    there is much money spent (billions) on thing's that we can do with out for a while
    or indefinitely for that matter.

    Godfather.

    Like the great majority of our defense spending?
    DAL-7/5/98,10/17/00,6/9/03,11/15/13
    BOS-9/28/04,9/29/04,6/28/08,6/30/08, 9/5/16, 9/7/16, 9/2/18
    MTL-9/15/05, OTT-9/16/05
    PHL-5/27/06,5/28/06,10/30/09,10/31/09
    CHI-8/2/07,8/5/07,8/23/09,8/24/09
    HTFD-6/27/08
    ATX-10/4/09, 10/12/14
    KC-5/3/2010,STL-5/4/2010
    Bridge School-10/23/2010,10/24/2010
    PJ20-9/3/2011,9/4/2011
    OKC-11/16/13
    SEA-12/6/13
    TUL-10/8/14
  • Electric_DeltaElectric_Delta Posts: 977
    Nope. Penalizing successful people and discouraging further, job-creating success is foolish.

    History has proven this time and time again.

    Why again are we hashing this out?
    Bristow, VA (5/13/10)
  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    Electric_Delta wrote:
    Nope. Penalizing successful people and discouraging further, job-creating success is foolish.

    History has proven this time and time again.

    Why again are we hashing this out?
    if you view allowing the bush tax cuts to expire "penalizing the rich for being successful", why should they be "rewarded" by keeping the bush cuts when they have not created the jobs the last 10 years ?

    it is not a reward/penalty thing. it is a "give and take" thing. those people had over 10 years of paying less taxes and it has bankrupted our country. we are in some trouble here. one side is agreeing to cuts, the other side must agree to meet them halfway with means of increasing revenue.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
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