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Disgusting isn't it? The democrats compromised to extend tax cuts to 99.5% of all americans but the right wouldn't agree. This is case in point the right don't give a rats ass about anyone except their elite cronies and will bring down civilization as we know it unless they can keep feeding their masters. This is a perfect example of why nothing has been getting done the past two years. Democrats compromise, republicans say "NO" Democrats reach across the isle, the right slap their hand away. Unless you are one of those elitists or have mental problems, there is absolutely no reason to support the fascist right.
100% agree with every bit of this. Spot on!
Quote:
Originally Posted by Sunny-Days90
No, I do not want an Obama tax hike to pay for wasteful Obama spending and piling up of our debt like they have.
NO person should get a tax increase during a recession.
The party of hell no, the dems again had 4 years to address this and failed to do so.
This is utter, cockamamie, lying, bulldung crap.
Republicans skirted the PAYGO rules to pass this tax cut by setting it to expire automatically in 10 years. That means:
A) Republicans are the ones responsible for this return to higher tax rates at this date.
B) Republicans played games with our economy by not bothering to PAY FOR these tax cuts in the first place, which is one of the myriad reasons we ended up with a massive recession during their reign.
C) The Democrats were under no obligation whatsoever to "address this" at any point in time. They could easily have just ignored the entire issue and allowed the Republicans' deadline to come and go with no action.
D) See A.
Quote:
Originally Posted by SLCPUNK
Semantics...
No it's not. Taking a passive stance and doing nothing, allowing an existing law to progress as intended by the original actors, is nothing like the inverse of taking action to make something happen.
Let's face the facts, it's not that the "rich" aren't paying enough, it's the fact we have too much dead weight bringing NOTHING to the table.
I don't consider seniors over 65 to be dead weight. They supported and paid for the foundations of our country for the better part of 50 years. As soon as we get one generation considering their parents and grandparents as "dead weight" we are doomed as a nation.
To hell with the Clinton era, I want a return to the tax rates and the tax laws of the Eisenhower/Kenendy era on both citizens and corporations.
Then we can work on re-regulating all the industries (banking for starts) back to common sense regulation rather then self regulation or no regulation. Then put the public back into public utility.
I can dream can't I..........
Please expalin exactly how there is "no regulation".
Why do we fund and allow the following departments agencies to enact regulations if they are not in fact regulating?
I'll agree that we need to enact common sense regualtion but don't be dishonest and pretend that there is no regulation. Regulation is one of the reasons manufacturers and corporations have fled this country and the jobs with them.
Perhaps if we cut these agencies to the bone we cold reduce federal spending significantly? Oh, no, Socialists love big government and bleeding the taxpayers, as long as it is not them. Taxes for thee but not for me, kind of like Obamacare, rotten to the core.
Not to someone WITHOUT wealth envy. Please tell me why ANYONES tax burden should go up as long as it's not yours.
Because I see where we are headed...someone like Warren Buffett benefits 1000x more from stimulus, wasteful spending, bailouts, war spending than does a middle class worker making median income. Even Buffett says to raise taxes on the ultra rich.
If I were dominating a game of monopoly w/6 friends and I owned 98% of the properties on the board, I'd rather pay a bigger tax and let the game keep going than see it all go to GAME OVER. Like I said, I think letting them all expire will hurt the ultra rich, boost the dollar tremendously and benefit the middle class more than the 1st option (keeping all the cuts). So let them all expire and let's get our debt under control.
Because someone like Warren Buffett benefits 1000x more from stimulus, wasteful spending, bailouts, war spending than does a middle class worker making median income. Even Buffett says to raise taxes on the ultra rich.
If I were dominating a game of monopoly w/6 friends and I owned 98% of the properties on board, I'd rather pay a bigger tax and let the game keep going than see it all go to GAME OVER. Like I said, I think letting them all expire will hurt the ultra rich/ benefit middle class more than the 1st option (keeping all the cuts). So let them all expire and let's get our debt under control.
No one is stopping Buffet from writing a check for 99.9% of his wealth over to the federal government today. Do you not see the hypocrisy? It is a little thing called CONTROL and keeping the circle of influence and power relatively small so that others are constrained by the system and cannot achieve similar levels.
No one is stopping you from writing a check and handing over what you have either. Put your money where your keyboard is if you are so excited to have taxes for any segment of our population raised. Don't wait for the taxbill, just send it directly to the Treasury Department.
No one is stopping Buffet from writing a check for 99.9% of his wealth over to the federal government today. Do you not see the hypocrisy? It is a little thing called CONTROL and keeping the circle of influence and power relatively small so that others are constrained by the system and cannot achieve similar levels.
No one is stopping you from writing a check and handing over what you have either. Put your money where your keyboard is if you are so excited to have taxes for any segment of our population raised. Don't wait for the taxbill, just send it directly to the Treasury Department.
I would agree that if everyone who makes over 1 mill would voluntarily pay the increased rate we would not need the bill, but since they won't we need to let the bill expire.
Of far more importance, is we need to raise the capital gains tax to pre bush taxes. That is the one of far more importance.
I mean, what are we talking here, 3 out of 1,000 people make over $1MILL a year. Is it worth seeing option 3 come to fruition and destroying the economy to save a few multi-millionaires some money?? TBH, letting them all expire might be a better option. Most of the middle class will probably save $5000+ a year on COL from the dollar surge.
Someone DM'ed me what COL was. It's Cost of Living expenses.
If all the tax cuts expire, everything denominated in US Dollars is going to plummet in value. Meaning Oil, energy and other necessities will get MUCH Cheaper along with stocks...did you like $1.75 gasoline? I did too. I could see my oil, gasoline and electric bills dropping at least $4k to $5k a year... which that alone will make up for what we save from the few thousand in bush tax cuts (not even including grocery bills and everything else decreasing in cost). If more people realized this, there wouldn't even be a discussion-- the 250k cap would be set in stone.
I'll agree that we need to enact common sense regualtion but don't be dishonest and pretend that there is no regulation. Regulation is one of the reasons manufacturers and corporations have fled this country and the jobs with them.
Perhaps if we cut these agencies to the bone we cold reduce federal spending significantly? Oh, no, Socialists love big government and bleeding the taxpayers, as long as it is not them. Taxes for thee but not for me, kind of like Obamacare, rotten to the core.
My error. it should have been limited regulation.
Why do we fund so many - because we are a big nation. If we were the same size as we were 250 years ago, most of these would not be. If you can figure a way to get rid of 90% of the population..................Im sure most would go away.
Last edited by plannine; 12-05-2010 at 02:35 PM..
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