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Higher taxes on the wealthy are estimated to bring in an additional $82 Billion annually. Since liberals are hell-bent on seeing this tax increase come to fruition, how do they intend to raise the other $1,000,000,000,000 in deficit for Fiscal Year 2013 and beyond?
Even more important, do liberals understand why the argument for higher income taxes on those making $250K and above is wholly and completely irrelevant compared to the outstanding trillion dollar deficit?
$82B is enough money to pay the interest on the national debt for 8 days.
Does this even register? Or are you just happy that Barack Obama won the election and everything else is irrelevant?
Math and finances is not their strong point. Arts and social issues is where it's at.
No price can be put on total equality of outcome for all Americans as we march to Utopia.
Higher taxes on the wealthy are estimated to bring in an additional $82 Billion annually. Since liberals are hell-bent on seeing this tax increase come to fruition, how do they intend to raise the other $1,000,000,000,000 in deficit for Fiscal Year 2013 and beyond?
Even more important, do liberals understand why the argument for higher income taxes on those making $250K and above is wholly and completely irrelevant compared to the outstanding trillion dollar deficit?
Does this even register with those who don't seem interested in finding a real solution to our deficit problems?
they expect to raise the taxes on the middle class, everyone that makes between 40k-250k. that way they can say everyone is being taxed fairly. what a bunch of hypocrites.
say one thing and do another. they are not any better than the republicans are.
they expect to raise the taxes on the middle class, everyone that makes between 40k-250k. that way they can say everyone is being taxed fairly. what a bunch of hypocrites.
say one thing and do another. they are not any better than the republicans are.
they expect to raise the taxes on the middle class, everyone that makes between 40k-250k. that way they can say everyone is being taxed fairly. what a bunch of hypocrites.
say one thing and do another. they are not any better than the republicans are.
Make that $30K-$250K because AMT hits people making $30K next year.
See..if you have a job then you are RICH in the eyes of the government.
Make that $30K-$250K because AMT hits people making $30K next year.
See..if you have a job then you are RICH in the eyes of the government.
sooner or later, the people paying the taxes will either stop paying the tax altogether, or deide for themselves that it is better to get on the goverment dole and stop paying any taxes at all.
when that happens, the goverment shall be no more.
It boggles my mind that Barack Obama would campaign almost entirely on raising taxes on those who make more than $250K and on ensuring that entitlement programs are protected as-is. On the revenue side (tax increase), there's barely a speck of increased revenues, and on the cost side (entitlements) he intends to protect the status quo, where costs are increasingly draining the budget with every passing year. That's not including Obamacare, which is expected to add hundreds of billions to the deficit as well.
I'm at a complete loss as to how liberals and Democrats can defend (vote for) these very simple arithmatical policies that virtually ensure that the United States will experience financial destruction while simultaneously pushing back on cost-saving policies that will actully fix the problem.
America VOTED for this ****? Is America really this ignorant??
Higher taxes on the wealthy are estimated to bring in an additional $82 Billion annually. Since liberals are hell-bent on seeing this tax increase come to fruition, how do they intend to raise the other $1,000,000,000,000 in deficit for Fiscal Year 2013 and beyond?
Even more important, do liberals understand why the argument for higher income taxes on those making $250K and above is wholly and completely irrelevant compared to the outstanding trillion dollar deficit?
$82B is enough money to pay the interest on the national debt for 8 days.
Does this even register? Or are you just happy that Barack Obama won the election and everything else is irrelevant?
Then pay off the national debt. Its just as easy to print Treasury notes as it is to print Treasury bonds and swap them for Federal Reserve Notes.
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