Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
So, here we are talking about the bad rich guy, that those that are in fear of losing their handouts, want to strangle, with the boot putting more pressure on the throats, of those that have been successful.
It pays for 8 days of bloated federal government and those freebies. 8 days.
So, all that capital is taken out of the free market, where the cash is distributed around to the people that work.
I don't see revenue as the problem. What about the 357 days left of the year? Are they going to tax you and me more to pay for it? Sure they will. Look at all the taxes and fees you pay today, on top of Federal income. That is at the state levels too.
The big tax you don't see. QE-1, QE-2, QE-3, QE-4 and the 16 trillion Bernanke printed up for Europe. Yes 16 trillion. That is more than our debt.
Cost of living in the past 4 years is up 40%.
Real unemployment, at the largest % of the population, since the 1930's.
Where are the cuts in the spending?
Remember, Ron Paul was the only one that would have had the balls to get the budget in order.
Obama wants to double down.
Yeah, the 'taxes on the rich' will pay for about 9% of the annual deficit at best. That assumes that the rich don't do anything to avoid the new taxes, which of course we know they will.
Grover Norquist speculates that this is not about the defcits at all. It's Obama's way to drive a wedge between the House republicans and the GOP base. If the house republicans are seen as having caved, the GOP base will not turn out to vote in 2014, and Obama will have the trifecta for his last two years. And with no re-election to worry about, he'll have more "flexibility" than a Romanian gymnast.
Look, if Congress did its job to begin with we wouldn't even be looking at this fiscal cliff.
It got created by the government because the government couldn't/wouldn't deal with fiscal issues.
You people keep re-electing the same clowns every time. Get what you deserve.
You're going to get the same results, surprise!!
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.