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More Democrats break with Obama on tax cuts

zimmer

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CNN Political Ticker: All politics, all the time Blog Archive - More Democrats break with Obama on tax cuts « - Blogs from CNN.com

Washington (CNN) – Thirty-one House Democrats, most of whom face tough re-election bids this fall, have signed a letter to House Speaker Nancy Pelosi and House Majority Leader Steny Hoyer urging them to extend expiring tax breaks for all income levels, including the wealthy.

This is the Iraq War vote all over again. Political expediency.

They've backed the Obama-Pelosi-Reid Weapons of Economic Destruction, and now think the people are stupid enough to buy this?

And what destruction with they vote for when elected? No, no, no...

You can't fool all the people all of the time, though they try.

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BCR

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14 trillion dollars now, right? We can't have our cake and eat it to...we are gonna have to start forking out the dough eventually.
 

Boo Radley

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When would be the right time to raise taxes? There is no evidence that not raising them will help jobs. In fact, someone has a link to a study showing that it wouldn't. But not taxing will add to the debt. So, logically, based on this, what should we do? How much do we really care about the deficit?
 

zimmer

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14 trillion dollars now, right? We can't have our cake and eat it to...we are gonna have to start forking out the dough eventually.

And what do families do?
Cut spending.
Government needs to do the same.

JFK said it well... for a robust recovery we need to reduce taxes to increase government revenue.
You can't kill the golden geese and expect them to keep laying eggs.

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Hatuey

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And what do families do?
Cut spending.

JFK said it well... for a robust recovery we need to reduce taxes to increase government revenue.
You can't kill the golden geese and expect them to keep laying eggs.

.

Also...

John F. Kennedy : Biography

A member of the Democratic Party, Kennedy won election to the House of Representatives in 1946. Over the next couple of years he established himself as a loyal supporter of Harry S. Truman. In Congress he advocated progressive taxation, the extension of social welfare and more low-cost public housing. He was also a leading opponent of the Taft-Hartley Bill.

....

Kennedy was a strong advocate of social welfare and civil rights legislation in the Senate. Kennedy also sponsored bills for providing Federal financial aid to education, liberalizing United States immigration laws and a measure that required full disclosure of all employee pension and welfare funds.
 

zimmer

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Well, Kennedy couldn't foresee the rot wrought upon the nation with government spending.
14 trillion is a deep hole, produced by programs to "help". Some help I say. It's screwed the entire lot of us.

He did very well understand history and how government revenues are raised and maintained. It didn't smell of class warfare, but sound economic sense.

As for civil rights, I found the following interesting. Malcolm X takes a peek behind the curtain during the Kennedy years and civil rights dealings. I certainly don't agree with all he said or believed, not by a long shot, but there are times when he and even Farrakhan hit the right notes. Hell, even Obama did once too, but then Jackson said he wanted the N's nuts cut out.

[video] FORA.tv - Malcolm X: Address to the Ford Hall Forum[/video]

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disneydude

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If the Democrats fold and give in to the Republican tactics of more tax breaks for the wealthiest....then the Democrats deserve to lose not only the house, but the Senate as well.
 

The Prof

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If the Democrats fold and give in to the Republican tactics of more tax breaks for the wealthiest....then the Democrats deserve to lose not only the house, but the Senate as well.

and there ya go, yet again

party on, progressives!

seeya at the polls
 

Renae

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If the Democrats fold and give in to the Republican tactics of more tax breaks for the wealthiest....then the Democrats deserve to lose not only the house, but the Senate as well.

Because the successful people MUST BE PUNISHED!
 

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It's called seeing the writing on the walls.

Geez, it seems the Dems see the tidal wave clearer than the establishment GOP.

We're pissed. Americans, even though they likely don't know the term "Keynesian" economics, understand inherently that you can't spend your way out of debt. I mean, you can't do that in your personal life, so how in the world could a government do it? Both Democrats and Republicans are using this approach, and people are sick of it.

Thus, the momentum of the non-establishment movement of fiscal conservatism, tighter immigration standards, and traditional American values.

I love that both sides are scared out of their minds. Even if the Republicans take over both houses, they aren't safe either. Voters are kicking ass and taking names.
 

disneydude

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Because the successful people MUST BE PUNISHED!

Its not punishment...its the price of doing business in this country. If you want to profit from the opportunities and resources that this country offers, you have to pay back into the system..it doesn't come for free.
 

The Prof

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pelosi apparently disagrees
 

Erod

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Its not punishment...its the price of doing business in this country. If you want to profit from the opportunities and resources that this country offers, you have to pay back into the system..it doesn't come for free.

And just how much is enough?

Geez, they already employ the country. Without these wealthy people, we'd be living in the Congo.
 

Hatuey

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We're pissed. Americans, even though they likely don't know the term "Keynesian" economics, understand inherently that you can't spend your way out of debt. I mean, you can't do that in your personal life, so how in the world could a government do it? Both Democrats and Republicans are using this approach, and people are sick of it.

This is what is wrong with America. Reducing all economics to the most retarded denominator. Obviously what does not work on the level of the individual wouldn't work on the level of giant economies simply because a sound byte says so.
 
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disneydude

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And just how much is enough?

Geez, they already employ the country. Without these wealthy people, we'd be living in the Congo.

Wrong... the vast majority in this country are employed by small business owners who don't make over 250k a year and by governmental agencies. Try again.
 

pbrauer

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TurtleDude

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Its not punishment...its the price of doing business in this country. If you want to profit from the opportunities and resources that this country offers, you have to pay back into the system..it doesn't come for free.

that is nonsense. 47% pay nothing to the services funded by income tax yet use plenty of them

for them its free and for taxpayers up to about 117K a year in income, they pay less taxes than what they use.

I am tired of representation without taxation and I am tired of wealth stealers whining that those who work hard and smart need to carry the load of the slackers
 

TurtleDude

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The facts are if we continue these tax cuts we will be living in the Congo. The Bush tax cuts have been in effect for almost 10 years and look where it has gotten us.

On Pelosi...

Pelosi sees no justification for high-end tax cuts | Reuters


why don't you quote Castro or Lenin--that bitch Pelosi is a self serving power hungry cretin who jacks taxes up so the slow witted and the envious give her more power and wealth through their votes
 

The Prof

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The facts are if we continue these tax cuts we will be living in the Congo. The Bush tax cuts have been in effect for almost 10 years and look where it has gotten us.

at least 31 house dems disagree with you, as well as evan bayh, ben nelson, joe lieberman and budget chair kent conrad in upper parliament


that the temporary speakeress would equivocate on the presidential putz' latest and last available campaign plank says it all

seeya at the polls, it's gonna be a party!
 

apdst

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When corporations pay less taxes, they have more to reinvest back into their companies, which in turn, creates more tax revenue. i.e. more tax dollars for the government.

Whay is that so hard for people to understand?
 

apdst

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Its not punishment...its the price of doing business in this country. If you want to profit from the opportunities and resources that this country offers, you have to pay back into the system..it doesn't come for free.

You say that, as if doing business in America is already free.
 

TurtleDude

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You say that, as if doing business in America is already free.

yeah its funny how the welfare-socialists keep screaming for corporations and hard working people to pay more yet they say nothing of the masses of net tax consumers who pay far less (if anything) of what they use and then whine that others don't pay more
 
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