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Old 11-16-2011, 07:53 PM
 
69,372 posts, read 53,840,354 times
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Quote:
Originally Posted by Winter_Sucks View Post
Then don't complain about government debt.
Thank god most americans arent this ignorant and we understand that SPENDING creates debt, now allowing people to keep their money.

Tell me Winter, how does the treasury taking all of your neighbors wealth, make you rich? Answer, it doesnt, but you like to argue as if it does. Hogwash..
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Old 11-16-2011, 07:55 PM
 
10,813 posts, read 6,958,631 times
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Quote:
Originally Posted by pghquest View Post
Or more likely you dont understand math at a higher level then elementary adding and subtracting because tax revenues to the Treasury is a % of the GDP regardless of the tax rates. Even when the rich had 90% tax rates the revenues were THE SAME as when they are 15%. I know you dont understand but thats your problem. Its been true for OVER 70 YEARS, so why dont you know this?
Educate yourself.

The Chart That Should Accompany Every Discussion of Deficits - James Fallows - Politics - The Atlantic
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Old 11-16-2011, 07:55 PM
 
Location: The Twilight Zone
773 posts, read 391,775 times
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Quote:
Originally Posted by Winter_Sucks View Post
They should have then, but they didn't. Now they are, but the GOP is blocking the tax increases we need to reduce our deficit.

You can call it a "left-wing" source, but that doesn't dispute the facts.
Actually, if you look at the revenue brought into the government after the second round of Bush tax cuts, you will see they skyrocketed. We set record revenue collection. Those are the facts.

And I dare you to challenge me on those numbers. I will gladly look up the government website for you, as long as you are willing to admit you were wrong. Deal?
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Old 11-16-2011, 07:55 PM
 
Location: Here
10,833 posts, read 11,611,291 times
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Quote:
Originally Posted by Winter_Sucks View Post
Then don't complain about government debt.
It's called stop friggin' spending us into oblivion. I know many of you can't get the idea through your thick skulls but simply taxing the wealthy ain't going to solve your problems.
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Old 11-16-2011, 07:57 PM
 
10,813 posts, read 6,958,631 times
Reputation: 4163
Quote:
Originally Posted by pghquest View Post
Thank god most americans arent this ignorant and we understand that SPENDING creates debt, now allowing people to keep their money.

Tell me Winter, how does the treasury taking all of your neighbors wealth, make you rich? Answer, it doesnt, but you like to argue as if it does. Hogwash..
Well, for one I didn't say that. Two, most people can understand that if you reduce the amount of money that goes to the Treasury without accompanying spending cuts the deficit will increase. That's what happened after the Bush tax cuts were enacted.
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Old 11-16-2011, 07:57 PM
 
Location: Maine
561 posts, read 423,450 times
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Default For The Record


FLASHBACK: In 2001 Address, Bush Said The National Debt Would Be Paid Off In Ten Years - YouTube
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Old 11-16-2011, 07:57 PM
 
69,372 posts, read 53,840,354 times
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Quote:
Originally Posted by MTAtech View Post
If you can remember back to December, the GOP ransomed benefits for the unemployed in return for extending the cuts. Obama was given the choice by the GOP to either screw the unemployed or hold off on the tax-cuts expiring.
One has nothing to do with the other unless Obama and the Democrats CHOSE it to be. DEMOCRATS held the nation hostage and SPENT MONEY, and you want to blame the GOP..
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Old 11-16-2011, 07:58 PM
 
10,813 posts, read 6,958,631 times
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Quote:
Originally Posted by 01Snake View Post
It's called stop friggin' spending us into oblivion. I know many of you can't get the idea through your thick skulls but simply taxing the wealthy ain't going to solve your problems.
It will help. That's why I favor tax increases and spending cuts. I'm actually serious about lowering government debt.
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Old 11-16-2011, 07:59 PM
 
Location: The Twilight Zone
773 posts, read 391,775 times
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Quote:
Originally Posted by MTAtech View Post
You are being dishonest to yourself and to us. The Dems never had a super-majority. There "super majority" required an independent (Joe Lieberman) who is really a Republican. It took months to seat Al Franken and Kennedy was on his death-bed, missing most votes.

But, if your argument is that Dems should have overcome Republican opposition, what does that say about the Republicans? Moreover, how can you argue that Obama didn't fulfill a promise and root for the Republicans whose objective was to stop him? it's like the highway robber who points a gun at your head and demands your wallet, while saying, "hand it over or you will be the murderer."
ROTFLMAO.....Lieberman a republican.
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Old 11-16-2011, 08:01 PM
 
Location: The Twilight Zone
773 posts, read 391,775 times
Reputation: 363
Quote:
Originally Posted by Winter_Sucks View Post
If you can't comprehend that lowering taxes on the rich means the Treasury gets less tax revenue, then you fail at basic math.
Ummm....here you go. Taxes lowered, revenue goes up to historic highs.

Historical Amount of Revenue by Source

I will accept your admission of be wrong.
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