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Old 04-12-2011, 06:38 AM
 
Location: North Cackelacky....in the hills.
19,556 posts, read 19,320,578 times
Reputation: 2499

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Quote:
Originally Posted by Drover View Post
Anyone who thinks tax hikes will eliminate the public debt is delusional. When is the last time tax increases actually went to debt reduction instead of ever more spending?
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Old 04-12-2011, 06:55 AM
 
Location: Texas
14,078 posts, read 17,678,649 times
Reputation: 7721
Quote:
Originally Posted by JimMe View Post
You've got it backwards. Our money isn't being loaned to anyone. It's being borrowed from people and foreign governments like China.

Yes, but borrowers can't borrow if someone isn't willing to loan. That someone is the Fed.
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Old 04-12-2011, 06:56 AM
 
Location: Las Vegas
5,886 posts, read 4,192,810 times
Reputation: 4161
Quote:
Originally Posted by ajzjmsmom View Post
Obama first to put tax increases on budget table - Yahoo! News (http://news.yahoo.com/s/ap/20110412/ap_on_re_us/us_spending_showdown_taxes - broken link)

Wondering how this will go over? Everyone wants the government to fix our deficit but noone wants to raise taxes, it will be interesting to see what Congress as a whole as to say about this. I cannot understand how ANYONE can scream for fiscal responsiblity but yet are unwilling to raise taxes.
Obama puts them on the table...for how long? Until Boehner says no and Obama caves like he ALWAYS does?
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Old 04-12-2011, 07:03 AM
 
Location: Las Vegas
5,886 posts, read 4,192,810 times
Reputation: 4161
Quote:
Almost three-quarters of Americans think it is a good idea to raise taxes on people making more than $250,000 per year, according to the latest CBS News/New York Times poll.

In fact, two-thirds of Americans think the tax code should be changed so that middle-class Americans pay less than they do now, while "upper income" people pay more.
Poll: 74 Percent Support Higher Taxes On The Rich - EconWatch - CBS News

Quote:
Sixty-one percent of Americans polled would rather see taxes for the wealthy increased as a first step to tackling the deficit, the poll showed. The next most popular way -- chosen by 20 percent -- was to cut defense spending.
Poll: Tax the rich to balance the budget - Business - Tax Tactics - msnbc.com


Seems the American public and I agree.
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Old 04-12-2011, 07:45 AM
 
Location: Wisconsin
20,372 posts, read 13,893,246 times
Reputation: 5239
Quote:
Originally Posted by ajzjmsmom View Post
Obama first to put tax increases on budget table - Yahoo! News (http://news.yahoo.com/s/ap/20110412/ap_on_re_us/us_spending_showdown_taxes - broken link)

Wondering how this will go over? Everyone wants the government to fix our deficit but noone wants to raise taxes, it will be interesting to see what Congress as a whole as to say about this. I cannot understand how ANYONE can scream for fiscal responsiblity but yet are unwilling to raise taxes.
Color me surprised.

The fiscally responsible thing to do is cut spending, we could save hundreds of billions and not loot the tax payers to feed the beast that has become the federal government. Then we need to revamp medicare, medicaid and social security.

Raising taxes is the coward's way out, and the result of a simple minded person who is fresh out of solutions or ideas, which sums up 0bama and the democratic party.
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Old 04-12-2011, 07:48 AM
 
Location: North Cackelacky....in the hills.
19,556 posts, read 19,320,578 times
Reputation: 2499
Well of course people support making someone else bear the burden....that is how people are.

If you ask who the rich are,it is anyone making more money than they are.
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Old 04-12-2011, 07:50 AM
 
Location: South East
4,209 posts, read 3,091,877 times
Reputation: 1453
Suprise, Suprise....the demwits/lefties want to raise taxes - especially on the 'rich' but do not want to cut spending - especially on their little entitlement programs. Will wonders never cease?

The left are bigger idiots than they have ever been and their stupid POTUS is running dumb and scared. He is clueless and will continue to make one bad decision after another.
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Old 04-12-2011, 07:50 AM
 
Location: Reality
9,958 posts, read 7,602,266 times
Reputation: 3309
Quote:
Originally Posted by chielgirl View Post
I disagree with this.
I am interested in why he extended tax cuts to the filthy rich, though.
That makes absolutely no sense. He should rescind that immediately.
Because smart people know that people making $250K a year aren't filthy rich by any means.
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Old 04-12-2011, 07:53 AM
 
Location: South East
4,209 posts, read 3,091,877 times
Reputation: 1453
Quote:
Originally Posted by Backspace View Post
Because smart people know that people making $250K a year aren't filthy rich by any means.
Exactly!!

But to the dumb lefties, anything more than what they make deems someone 'rich' and therefore in their category to take from. Give me, take from, I deserve what they have, they have too much, wah wah wah.....how about work for it and stay focused on what you have and not what others may or may not have!
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Old 04-12-2011, 07:55 AM
 
2,085 posts, read 1,371,936 times
Reputation: 1401
#1 I wouldn't consider a polls of Vanity Fair/CBS News/New York Times to be representative of the entire American public.

#2 It's no shock that those polled want to soak the rich, nor do they probably know that there aren't enough wealthy Americans to pay our deficit, especially when you have blowhards like Michael Moore out there promoting class warfare and spreading misinformation.
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