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The Prez is back on vacation in Oahu, Hawaii. Just something not right about that under these dire circumstances. But as everyone will admit, on vacation you just don't think about your work-a-day world.
The Prez is back on vacation in Oahu, Hawaii. Just something not right about that under these dire circumstances. But as everyone will admit, on vacation you just don't think about your work-a-day world.
How much does it cost to fly AF1 back and forth from Hawaii I wonder? He uses it like most of us use our car to drive to the store for milk.
Mr. President. many years ago I learned in the Military that Leaders lead by example. If our leader doesn't mind waste why would anyone beneath him be concerned?
I know I know it's a drop in the bucket. Our bucket is the size of the Pacific and we are overflowing it.
Don't you people realized the whole thing is rigged and staged? Both parties will come out of the damn thing holding hands, hugging each others and embraced each others that they saved America? It's BS....both of the parties need to be sacked! We need non-career politicians that look after the people...
Fund raising is the #1 job of any polititian. Both parties gorge on political contributions and are owned by lobbiests/ special interest groups.
Has any admin done anything other than deficit spend its way out of a recession/depression?
Clinton balanced the budget. And all of us Republicans should be hanging our heads in shame that the most recent President with a balanced budget was a Democrat.
one thing you are forgetting..... ''''loophole'''' is TAX LAW
why are they excused some of the money made elsewhere...because it is also TAXED ELSEWHERE
No one can avoid a tax debt by moving overseas. The U.S. has 40+ tax treaties with other countries, whereby they exchange income information.
There are some tax havens that do not impose an income tax and do not report earnings to the IRS.
Cayman Islands is one of them. Tax law requires the U.S. citizen to report and pay income tax on such income. Many do not.
The 2009 Tax Amnesty program was designed to allow fraudsters to declare and pay taxes and interest owed on offshore income without prison time. I believe about 4000 did so.
Sorry, but going to work to earn your own living is not being "punished". If taxes were lower and the welfare state was smaller, then those middle class people would be perfectly capable of supporting themselves, just as they were throughout history up until the bloated liberal welfare state happened.
Government, in all forms, is the largest employer in the U.S. and represents a substantial portion of the middle class.
Government, in all forms, is the largest consumer so drastic spending cuts have a serious impact on the private sector.
Significant cuts in government spending is the fast track to a serious recession.
That Welfare State includes all seniors and disabled.
Or even by being born overseas - as a great number of Canadians, Brits and others who happen to legally have dual American citizenship, but who have never lived or worked here, or ever plan to, discovered in recent years when the IRS began enforcing the letter of the law and mailing notices of penalties for failure to file.
Yeah no kidding! "Cliff Avoided" are you serious? 3.9 Trillion added to deficit and 620 billion in new taxes and a tax on 77% of households and you say "Cliff Avoided" what do you pay us for a bunch of saps?
Quote:
Originally Posted by Wartrace
I knew they would kick the can down the road one more time assuring that WHEN cuts have to be made it will be even more devestating to the economy.
Well, that's encouraging. It would appear that at least some people are immune to the effects Kool-Aid.
Silly people, too dumb to understand they went over the Fiscal Cliff years ago and they actually believe their government has done something in the last few days.
Quote:
An Unsustainable Pace
The economy must add more than 356,000 jobs each month for three years to lower unemployment to 6% and that is not likely with current policies. That would require growth in the range of 4% to 5%. Without better trade, energy and regulatory policies and lower health care costs and taxes on small businesses, that is simply not going to happen.
Most analysts see the unemployment rate inching up to 7.8%, while a few see it remaining steady. The wildcard is the number of adults actually working or seeking jobs—the measure of the labor force used to calculate the unemployment rate. Labor force participation is lower today than when President Obama took office and the recovery began, and factoring in discouraged adults and others working part-time that would prefer full-time work, the unemployment rate is 14.4%.
Wait until about May. That's when the negative effects of the taxes will start dancing in everyone's face.
Monetarily...
Mircea
Quote:
Originally Posted by npaladin2000
Clinton balanced the budget. And all of us Republicans should be hanging our heads in shame that the most recent President with a balanced budget was a Democrat.
What, the Constitution was changed? Congress balanced the budget, specifically the House which was controlled by Republicans.
Of course don't forget that Capital Gains taxes were cut to increase tax revenues, wages were increasing during the early part of the 1990s until they started stagnating, and there was nothing going on except for Clinton's illegal secret wars in Central Asia and violating US laws and UN Security Council acts by illegally buying weapons from Iran to give to al-Qaida to smuggle into Bosnia and Kosovo-Metohija, the Euro didn't exist, the Russian Ruble didn't start full-scale global trading until 1997 and BRIC was just starting to develop States.
If Clinton would be president now, you'd be lucky to have a balanced deficit (instead of a budget).
Historically...
Mircea
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