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The problem with recipients outvoting donors, is that eventually, the half that gets the gravy won't give it up, and those losing the gravy give up. And that means total collapse, and ending the gravy train for everyone.
And feeding the government bureaucracy with more revenue and power is not good.
A bureaucracy is a living organism with many legs and mouths but no brain. The many legs have it run hither and yon. And the many mouths devour resources and substance. But the net result is still no brain - just loud mouths and butt kickers that we could better do without.
It's looking less and less likely that the tax rates of the Bush years will be extended. Various reports have said that as of January first the "average household" will pay an extra $2200 per year in taxes. For married couples, that will be higher yet, due to the return of the Marriage Penalty.
So...where will you cut spending in order to come up with an extra $2200 to pay for DCs reckless spending? What are you going to do without? ~$200 per month for the "average household" is a big piece of change, and we're looking at more like $300 as a married couple with no kids. In our case, that will hit our "discretionary spending" pretty hard. We don't eat out more than about once a month now (other than a fast-food lunch about once a week). Already carpool, and don't do a lot of driving on weekends. No real charitable deductions. We can probably cut back on our Dish Network, and maybe get rid of some of our pets...cat and dog food, along with vet bills, are among our biggest discretionary expenses.
How about you...where will you trim your spending in order to subsidize DC?
Drastically cut back federal departments like education, cut the billions in free money from administrative agencies like the EPA, they have budgets that allow them to give away grants, gifts and subsides as if they were candy, to subsidize things like green energy projects, we also need to suspend new economically harmful regulations.
When 0bama was elected, he and his admin said they were going to go line-by-line thru the budget, to find waste, fraud, abuse, and determine which federal programs were not performing well, and should be cut. So 0bama should have a long list of government cuts he could make immediately.
1-Do you agree with the Tax Foundation debunking similar "actual rates"?
2-Do you think republicans should not hold tax rates for 99% hostage so they can protect that for top 1%? Why?
It works both ways. 0bama holds the lower 98% of income earners hostage, when he could take them off the table with the stoke of a pen.
0bama refuses to just make the current tax rates permanent, and just be done with it. The Republicans would not be opposed to doing that. He had his chance in 2010 to make the rates permanent, and he only extended them two years. Even now, he only wants to extend the lower rates for one year, and we will be right back here next year.
The problem with recipients outvoting donors, is that eventually, the half that gets the gravy won't give it up, and those losing the gravy give up. And that means total collapse, and ending the gravy train for everyone.
I speed off and throw the bird to ANY and all panhandlers who are standing in the middle of the road wanting money all summer long.
Get out of the road you azzhole!!
To be fair, many of them have been made into a part of the 15 million poor and desuetude, because of 0bama's economic policies, or rather the lack of them.
So I hope the Repub. in congress decide to keep the lower level rates. If they dont then we will continue to live as we do now. Its the young families who will be most hurt when the Repub. will not stop holding them hostage.
Why? Democrats didn't want the Bush tax cuts in the first place. And then you all been running around saying that the problem is because of the Bush tax cuts. Which is it? Funny how you jump up and down against them then want to keep them.
Did you ever notice how the Democrats are the party of increasing taxes and republicans are against higher taxes.
The Democrats were against the Bush tax cuts in the first place. Why should you keep them. The next time if you don't want higher taxes vote for the party of decreased taxes... Republicans! Now you deserve what you get.
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The Senate just voted on a bill to fully extend the Bush tax cuts. It was defeated 45-54. All Republicans supported it except for Scott Brown and Susan Collins; all Democrats opposed it except for Mark Pryor (Arkansas). Then, Democrats voted on their version of the bill, which would raise all taxes on those earning more than $200,000. It passed 51-48. Senators Lieberman and Webb joined every Republican in voting no (they are both retiring). Mark Pryor voted with the Democrats, making a mockery out of his first vote. In doing so, Democrats have voted to cripple the economy with tax increases across the board in a way that will preclude any hope of a recovery.
Here are a number of Democrats who voted to raise taxes on almost every aspect of the economy; estates, dividends, capital gains, income, marriage, etc. Elections coming up in 2014.
Max Baucus – Montana
- Mark Begich – Alaska
- Jeanne Shaheen – New Hampshire
- Mary Landrieu – Louisiana
- Tom Harkin – Iowa
- Mark Udall – Colorado
- Mark Warner – Virginia
- Tim Johnson – South Dakota
- Kay Hagan – North Carolina
- Mark Pryor – Arkansas
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