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Old 03-07-2015, 11:54 AM
 
Location: Inyokern, CA
1,609 posts, read 1,078,657 times
Reputation: 549

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Quote:
Originally Posted by chad3 View Post
We have had revenue problems since 2002.

In the years 1999-2001 the federal government had surpluses (see page #3 bellow.)
http://www.cbo.gov/sites/default/fil...lookSlides.pdf

But after 2001 deficits appeared, and deficits go to our national debt. Extra tax dollars reduce deficits and reduce the growth of our national debt.
We had that surplus because Newt Gingrich and the Young Republicans forced Clinton to sign welfare reform and other government-spending reforms.

Unfortunately, Clinton also cut the he!! out of the military to pare down those costs and make "his" budget look good.

When the 9/11 attack hit us, President Bush had to rebuilt the military strength Clinton destroyed. So just put those accusations to rest. Didn't happen that way.
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Old 03-07-2015, 11:57 AM
 
7,846 posts, read 6,401,413 times
Reputation: 4025
Quote:
Originally Posted by chad3 View Post
We have had revenue problems since 2002.

In the years 1999-2001 the federal government had surpluses (see page #3 bellow.)
http://www.cbo.gov/sites/default/fil...lookSlides.pdf

But after 2001 deficits appeared, and deficits go to our national debt. Extra tax dollars reduce deficits and reduce the growth of our national debt.
Reducing the growth of our national debt isn't necessarily a good thing. Sustained steady growth is ideal.

Quote:
Originally Posted by lorrysda View Post
We had that surplus because Newt Gingrich and the Young Republicans forced Clinton to sign welfare reform and other government-spending reforms.
Obviously. Newt Gingrich and the plutocrats forced Clinton to cut spending that would benefit the poor. They widened the gap.
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Old 03-07-2015, 12:01 PM
 
Location: Southeast, where else?
3,913 posts, read 5,226,720 times
Reputation: 5824
Quote:
Originally Posted by chad3 View Post
Can't you conservatives take your noses out of rich peoples butts?

Your only political goals are to reduce the "Death Tax" which only effects the richest 0.3%, to reduce capital gains tax rates that only effect rich CEO's, while you fight for rich peoples tax cuts like these,

Romney's Economic Plan Includes $6.6 Trillion Tax Cut For The Rich And Corporations | ThinkProgress
Paul Ryan Proposes Massive Tax Cut For the Rich That Adds $100 Billion To Deficit


And while you fight for billionaires and their childrens tax cuts, you oppose high min wages, oppose healthcare for all, and oppose middle class tax cuts.

GOP Senators Reject Tax Cuts for Middle Class - CBS News


If you are a millionaire CEO I can respect you for fighting for yourself. But if your not a millionaire CEO why not take your nose out the rich peoples butts, and then fight for something that benefits you (instead of fighting for some billionaires kid who will still have BILLIONS of dollars even if the Estate Tax gets raised.)
You have no idea of what you are talking about. We are all about responsible spending. Why let some suck down too many benefits that could go to the truly needy and infirmed? I'm talking about the tard that uses EBT at a convenience store instead of a grocery store. Ones that shouldn't have it because they are fully capable of working.

Most of us are FINE with universal healthcare. So long as EVERYONE using it that is capable of working, does and thus CONTRIBUTES. one guy can't pay for two. Of course, you fools don't know what a budget is. Your answer? Raise more taxes, find more ways to take, never contribute.

Why don't you liberals take your nose out of the presidents butt and get off your a$$es and WORK for what you want instead of demanding others, who DO work pay for all your free goodies? If it were up to me, I'd put a jihad on the federal budget and wipe out 1/2 of the entitlements and send you ALL off the bench and start working 50-60 hours a week like the rest if us.

As far as that death tax and .003 percent, that's based on 10 million. If you tards have your way, you'll reduce it down to 20k so others can pay even more for your sorry a$$es. Your answer to all of your problems is to take from others. Your thieves acting like the oppressed expecting, hell demanding, we pay for some who won't even try.

Why don't you clowns show some leadership and kill the abuse on disability, EBT, WIC, welfare, free phones, housing, food assistance, transportation vouchers, free secondary education, etc..

Quit your damn whining about the "rich" whom you keep lowering. Sooner or later, everyone making more than 80k in your eyes will be rich and therefore, pay you clowns more for your bloated public service pensions and retarded litany of social programs.

YOU are responsible for your own destiny. Get on with it and quit criticizing and taking from those that do from the comfort of the social couch.
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Old 03-07-2015, 12:06 PM
 
Location: Inyokern, CA
1,609 posts, read 1,078,657 times
Reputation: 549
Quote:
Originally Posted by PanapolicRiddle View Post
Numerous research indicates that's simply not the case. When massive wealth is perpetuated via nepotism, the vast majority of it is not spent on goods and services that actually stimulate the economy, but instead sits passively accruing interest and dividends. I actually stand to inherit a decent sum from my mom (about $300K) and have no problem being taxed 15-20% on it.

In order for money to stimulate the economy, it needs to circulate as much as possible. When it's just sitting passively in stocks or interest-bearing investments it does little else than simply generate more money for people who don't need it.

Taxing the Wealthy Promotes Economic Growth | The Fiscal Times

Hmmm, you don't seem to have any idea of how $'s work. It takes far more than just "circulating" $'s. That is a minor part of how $'s work. You need to educate yourself as to "how" those "$" that people spend/circulate come into the hands of those who spend/circulate! It is business that makes the economy work. It is $'s banked/invested where ever that allow business to grow and survive. Also, please remember that business DOES NOT PAY taxes...any tax they pay is added to the price of the service/product they sell. Sometimes products are handled 4 or 5 times before getting to the level of "spend/circulated" $'s which means the consumer actually pays the taxes for those businesses, however many required to bring their purchase to them, plus each of those businesses will add not only the actual tax but also add the cost of accounting/tax preparation.

Bottom line is that any $'s inherited will be spent whether for living whatever life style and/or banked/invested, etc., which means it will support the private economy by which America give us a good life. If government goes in and confiscates via taxing same as it does, the government not only wastes the $'s, the government will be stealing from our economic health.
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Old 03-07-2015, 12:06 PM
 
7,846 posts, read 6,401,413 times
Reputation: 4025
Quote:
Originally Posted by Caleb Longstreet View Post
You have no idea of what you are talking about. We are all about responsible spending. Why let some suck down too many benefits that could go to the truly needy and infirmed? I'm talking about the tard that uses EBT at a convenience store instead of a grocery store. Ones that shouldn't have it because they are fully capable of working.
What makes you think this is a widespread problem? Do you have any factual evidence? Anecdotes are inappropriate.

Quote:
Originally Posted by Caleb Longstreet View Post
Most of us are FINE with universal healthcare. So long as EVERYONE using it that is capable of working, does and thus CONTRIBUTES. one guy can't pay for two. Of course, you fools don't know what a budget is. Your answer? Raise more taxes, find more ways to take, never contribute.
80% of SNAP recipients work and are paying payroll taxes.

Quote:
Originally Posted by Caleb Longstreet View Post
Why don't you liberals take your nose out of the presidents butt and get off your a$$es and WORK for what you want instead of demanding others, who DO work pay for all your free goodies? If it were up to me, I'd put a jihad on the federal budget and wipe out 1/2 of the entitlements and send you ALL off the bench and start working 50-60 hours a week like the rest if us.
So, you'd let your anger create more starving children in America? Roughly half of all SNAP benefits go to children.

Why is the only qualification for food working slave hours that we fought against when establishing overtime protections?

Quote:
Originally Posted by Caleb Longstreet View Post
As far as that death tax and .003 percent, that's based on 10 million. If you tards have your way, you'll reduce it down to 20k so others can pay even more for your sorry a$$es. Your answer to all of your problems is to take from others. Your thieves acting like the oppressed expecting, hell demanding, we pay for some who won't even try.

Why don't you clowns show some leadership and kill the abuse on disability, EBT, WIC, welfare, free phones, housing, food assistance, transportation vouchers, free secondary education, etc..
Welfare fraud is a huge myth. How about you focus your anger on corporate welfare and government collusion. You'll find plenty of fraud there.

Quote:
Originally Posted by Caleb Longstreet View Post
Quit your damn whining about the "rich" whom you keep lowering. Sooner or later, everyone making more than 80k in your eyes will be rich and therefore, pay you clowns more for your bloated public service pensions and retarded litany of social programs.
So your police officers, firefighters, and teacher's don't deserve a healthy retirement for their public service? Wow... you just don't like anyone.

Quote:
Originally Posted by Caleb Longstreet View Post
YOU are responsible for your own destiny. Get on with it and quit criticizing and taking from those that do from the comfort of the social couch.
You've managed to insult lots of honorable workers based off your own bitterness.
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Old 03-07-2015, 12:14 PM
 
Location: Inyokern, CA
1,609 posts, read 1,078,657 times
Reputation: 549
Quote:
Originally Posted by arjay57 View Post
$20 million or so is plenty to pass along. Above that tax it and put the youngsters to work.

Good grief, you people don't seem to understand that very few people inherit $'s (which as stated previously will be located where those $'s will benefit the economy for all of us), but this crap law also means that if your family has a ranch or farm or any food-producing business that will be taxes ON THE VALUE OF ALL ASSETS, including real property. This will put most of these businesses INTO BANKRUPTCY and will, as a result, diminish our food supply.

Put your head on straight and get all the facts before you decided you don't want someone else to receive family wealth. America gives everyone, including you who have this (IMHO) selfish mind set, the opportunity to make your own wealth.
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Old 03-07-2015, 12:21 PM
 
Location: Inyokern, CA
1,609 posts, read 1,078,657 times
Reputation: 549
Quote:
Originally Posted by Opin_Yunated View Post
Reducing the growth of our national debt isn't necessarily a good thing. Sustained steady growth is ideal.
Could not disagree more. Financial solvency seems to escape you.

Quote:
Obviously. Newt Gingrich and the plutocrats forced Clinton to cut spending that would benefit the poor. They widened the gap.

Really! Then why did nearly 50% of the welfare crowd go to work and start earning a living, paying taxes and realizing that being self-sufficient instead of lazy/dependent actually uplifted their self-worth and drive which goes away when not accomplishing anything?
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Old 03-07-2015, 12:23 PM
 
Location: Inyokern, CA
1,609 posts, read 1,078,657 times
Reputation: 549
Quote:
Originally Posted by Opin_Yunated View Post
Disdain has nothing to do with it.

You want a nobility class of rich kids that can simply live off mommy and daddy's wealth for the next 3 generations?
Stop with the "nobility" crap. That has no place in the USA. Our founding fathers made sure of that.
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Old 03-07-2015, 12:43 PM
 
Location: Southeast, where else?
3,913 posts, read 5,226,720 times
Reputation: 5824
Quote:
Originally Posted by Opin_Yunated View Post
What makes you think this is a widespread problem? Do you have any factual evidence? Anecdotes are inappropriate.



80% of SNAP recipients work and are paying payroll taxes.



So, you'd let your anger create more starving children in America? Roughly half of all SNAP benefits go to children.

Why is the only qualification for food working slave hours that we fought against when establishing overtime protections?



Welfare fraud is a huge myth. How about you focus your anger on corporate welfare and government collusion. You'll find plenty of fraud there.



So your police officers, firefighters, and teacher's don't deserve a healthy retirement for their public service? Wow... you just don't like anyone.



You've managed to insult lots of honorable workers based off your own bitterness.
You still can't read, can you. I mentioned half. Plenty need the help so if you and I agree, why not stop the waste. How about the ability to cash EBT at convenience stores? Because you care, why don't you agree? Why should they spend $4.50 on a gallon of milk with OUR money when the same can be had for $3.00 at a grocery store.

Hers some facts skippy. 50 million Americans are using EBT. 1 out of 6. Do you REALLY believe all of those are legit? That number WAS 25 million before your clown got in. It's doubled in 6 years. Now, knowing he f'd up the economy and doubled our debt, that still doesn't correlate. As far as WIC, EBT and other benefits are concerned, they are being rampantly abused and you know it. There is simply too much of it and all one has to see is "EBT accepted here's! Signs that spout up like weeds all over town in the last 3 years to know, it wasn't an accident.

As far as their contribution, how much? How much does one pay making 30k or less? The was a great study you can google. The LT governor of Pennsylvania went on record stating that a single mother of two making 58k per year actually lived WORSE than a single mother of two making 27k.

Why? Because between her housing assistance, free Sprint Phone, free healthcare, transportation vouchers, WIC, EBT, etc kicked in, she was better off! Where is the justice in that???? Do you really think that is right? It's like ringing the dinner bell for the lazy. This coming from a rather blue state!

Not my words skippy, the LT givernor as I recall. But, hey, it's my bitterness. Right? Like all democrats, never ever let the facts get in the way. Just keep your hands open skippy, maybe if you tax the ambitious enough, the wealth fairy will pay you a visit. Let me guess, you must be one of those proud "Merkuns" right?

Woooohooo, go USA!
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Old 03-07-2015, 01:01 PM
 
7,846 posts, read 6,401,413 times
Reputation: 4025
Quote:
Originally Posted by lorrysda View Post
Could not disagree more. Financial solvency seems to escape you.
A currency-issuing sovereign government cannot become insolvent unless there is a breach in its sovereignty (war or political revolution) or it holds significant amounts of foreign debt. The United States has no means to live beyond.

Quote:
Originally Posted by lorrysda View Post
Really! Then why did nearly 50% of the welfare crowd go to work and start earning a living, paying taxes and realizing that being self-sufficient instead of lazy/dependent actually uplifted their self-worth and drive which goes away when not accomplishing anything?
Clinton's administration was one of the greatest peacetime economic expansions to date. They found jobs. Welfare reform had nothing to do with it.

Quote:
Originally Posted by lorrysda View Post
Stop with the "nobility" crap. That has no place in the USA. Our founding fathers made sure of that.
Oh did they? I'm not the one trying to legalize passing on tax-free multi million dollar estates!
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