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07-01-2009, 02:29 PM
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Senior Member
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Join Date: Dec 2008
494 posts, read 207,296 times
Reputation: 135
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We'll Need to Raise Taxes Soon
Only five months after Inauguration Day, the focus of Washington's economic and domestic policy is already shifting. This reflects the emergence of much larger budget deficits than anyone expected. Indeed, federal deficits may average a stunning $1 trillion annually over the next 10 years. This worsened outlook is stirring unease on Main Street and beginning to reorder priorities for President Barack Obama and the Democratic congressional leadership. By 2010, reducing the deficit will become their primary focus.
We'll Need to Raise Taxes Soon - WSJ.com
You know that $13 trillion the government borrowed to give to Wall Street?
Guess who they are coming after to get the money.
All of these government policies that brought the nation to ruin were done without the consent of the people. Whether lying us all into wars of conquest, endless gifts to Israel, tax credits to encourage the export of high paying jobs, the repeal of Glass-Steagal, bailouts, etc. etc. etc. the fact is that these were all done against the wishes of the majpority of Americans.
Therefore, the effort to raise taxes to pay for a government that is spending money like there is no tomorrow represents taxation without representation. Because representation does not mean simply voting people into Congress, it means that the people voted into Congress VOTE the will of the people.
Clearly, as illustrated during the TARP debate, Congress does not represent the will of the people; it represents the will of the bankers.
Now, in the school I went to in New Hampshire, taxation without representation was taught as a just cause for the removal of a government and creation of a new one. A lot of ancestors on my mother's side of the were killed in a war over that very issue. I do not feel we should cast aside so lightly that for which they paid so dearly.
Author Found Here: http://whatreallyhappened.com/
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07-01-2009, 02:35 PM
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Senior Member
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Join Date: May 2007
5,522 posts, read 1,745,619 times
Reputation: 984
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Quote:
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You know that $13 trillion the government borrowed to give to Wall Street?
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No. What $13 trillion?
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07-01-2009, 03:14 PM
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Senior Member
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Join Date: Feb 2008
Location: US
1,176 posts, read 813,555 times
Reputation: 611
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Maybe they mean 1.3 trillion. I don't even think our national debt is 13 trillion yet.
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07-01-2009, 03:56 PM
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Competition breeds winners
Status:
"Suspended for pointing out a hypocrite!!"
(set 23 days ago)
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Join Date: Sep 2007
17,662 posts, read 6,493,204 times
Reputation: 1837
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Quote:
Originally Posted by nvxplorer
No. What $13 trillion?
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It was $13 trillion in guarantees, not debt, they only become debt if they are defaulted upon..
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07-01-2009, 04:11 PM
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Senior Member
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Join Date: Jul 2007
Location: Marion, IA
1,628 posts, read 828,516 times
Reputation: 647
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Soon?! It's already in the mix. What do you call Cap and Trade. Keep in mind taxes are already set to go up 3-5% for everyone who pays taxes. Thanks to the democrats in 2001 that wanted to sunset the Bush taxcuts. Capital gains will be rising too. Is it any wonder companies aren't hiring or growing?
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07-01-2009, 06:37 PM
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Senior Member
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Join Date: Feb 2008
3,039 posts, read 1,099,710 times
Reputation: 565
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"read my lips"
I have heard this one before
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07-01-2009, 06:40 PM
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Senior Member
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Join Date: Dec 2007
Location: Minnesota
3,279 posts, read 1,337,893 times
Reputation: 741
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Whoopee! Minnesota sales tax went up today!!!
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07-01-2009, 07:14 PM
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Senior Member
Status:
"Molon Labe"
(set 22 days ago)
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Join Date: Jul 2008
1,897 posts, read 613,109 times
Reputation: 639
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07-01-2009, 07:35 PM
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Senior Member
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Join Date: Feb 2008
Location: Raleigh, NC
9,047 posts, read 3,444,229 times
Reputation: 1278
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Morons believe revenue will go up in parallel with tax rates.
Little do they know...
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07-01-2009, 11:05 PM
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Senior Member
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Join Date: Feb 2009
Location: Missouri
541 posts, read 111,451 times
Reputation: 245
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The time has come when us voters will not get to have our cake and eat it too. We should kick ourselves in the a$$ for allowing our government spend like it did over the last 30 years. 
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