Boo Radley
DP Veteran
- Joined
- Dec 20, 2009
- Messages
- 37,066
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YOU can call it anything you want. But, that fact is that it's the truth.
I disagree. Tax cuts = more employment = more people paying taxes = MORE revenue. Raising tax rates only raises revenue briefly until it's negative effect on the economy brings about the opposite effect.More than with tax cuts. But we do need to raise taxes and cut spending. Perhaps once the posturing stops, they'll get to work.
Only if the words fact and truth have lost all actual meaning and stand for bull ****!
if dems really believed the bs they spewed they would demand that everyone pay more taxes
See, that's stupid. Some people live hand to mouth, and already are too poor to get by. What kind of idiot would try to get more money from them? They're already perpetually in the red.
Obama is playing politics with the lives of us Americans he supposedly is in office to do good things for. His statement that he will not sign a bill that does not raise taxes on the rich proves he is more interested in destroying Republicans than he is in leading us out of this horrible economy. If Reps can find a way to meet his dollar requirements through closing loop holes the rich use then there should be a deal. What obama wants though is to weaken Reps with their base by forcing them to break their pledge not to raise taxes or to go over the cliff and blame it on Reps in order to turn the general public against them. Obama just may drag us into another recession, possibly
"President Obama today declared there would be no deal to avert the looming fiscal cliff unless Republicans agree to raise rates on the top 2 percent of income-earners."
No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says - ABC News
See, that's stupid. Some people live hand to mouth, and already are too poor to get by. What kind of idiot would try to get more money from them? They're already perpetually in the red.
Obama made it clear what he wanted, and it is what most of the country wants.
The GOP cannot SPECIFICALLY say HOW they are going to raise revenue without raising taxes. They gave a vague statement with no substance. Likewise, the Dems need to compromise and show specific cuts and not just to defense.
Are people finally starting to see how the two sides are failing or are there still those out there that feel "their" side is the good guys and the other is the bad guy?
Just because the rest of the country wants it doesn't mean it's the correct course of action. Just look at the last election.
Exactly how much do you think would be generated buy obama's tax increase on 'the rich'?
so why was a plan that raised similar amounts of revenues rejected? why should no one else pay higher taxes but the 2%. If the revenue is that needed taxing only 2% of the voters more appears to be based on politics rather than truly a desire to raise more revenue.
Obama is playing politics with the lives of us Americans he supposedly is in office to do good things for. His statement that he will not sign a bill that does not raise taxes on the rich proves he is more interested in destroying Republicans than he is in leading us out of this horrible economy.
If Reps can find a way to meet his dollar requirements through closing loop holes the rich use then there should be a deal. What obama wants though is to weaken Reps with their base by forcing them to break their pledge not to raise taxes or to go over the cliff and blame it on Reps in order to turn the general public against them. Obama just may drag us into another recession, possibly even a new depression.
"President Obama today declared there would be no deal to avert the looming fiscal cliff unless Republicans agree to raise rates on the top 2 percent of income-earners."
No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says - ABC News
Obama made it clear what he wanted, and it is what most of the country wants. OF COURSE the republicans are being weakened, because they want to cut ss and Medicare while allowing the rich to continue to enjoy the lowest tax rates in a very long time. They still don't understand why they lost.
Not enough revenue will be raised by this method.
Taxing that particular group is the low-hanging fruit; it produces the greatest deficit reducing impact (in this case revenue) with the least economic consequence of any single move that government can do...
See, that's stupid. Some people live hand to mouth, and already are too poor to get by. What kind of idiot would try to get more money from them? They're already perpetually in the red.
Taxing that particular group is the low-hanging fruit; it produces the greatest deficit reducing impact (in this case revenue) with the least economic consequence of any single move that government can do...
you are completely wrong.
the only way to rein in the spending is to make government spending distasteful to a majority of the voters. as long as most voters aren't facing increased taxes when the government spends more and more, they will continue to vote for big spending politicians
Or, you know, the President is being realistic and facing the stone cold fact that we can't balance the budget without raising taxes.
I disagree. Tax cuts = more employment = more people paying taxes = MORE revenue. Raising tax rates only raises revenue briefly until it's negative effect on the economy brings about the opposite effect.
Yes. The thing that both parties need to admit-- and stop posturing over-- is that everyone needs to pay more taxes and that everyone is going to be hurt by the kinds of spending cuts we need. Austerity sucks, but it's the price we pay for decades of reckless spending.
Fine, how much is he going to raise or cut to balance it next year? Not enough of either is the answer.
Have you faced the stone cold fact that he has not just no plan, but no intention to get even close to balancing the budget for even his next term?
Yet again without SPECIFICS on HOW, the GOPs rhetoric of what they "might" do or how much revenue it will bing in is meaningless.
When the GOP comes up with specifics then I think Obama should listen. And that goes for Obama also coming to terms that spending cuts with the Dems sacred cows need to happen.
Obama himself said it could be done.
"Turns out that President Obama once backed the idea of raising more government revenue by closing tax loopholes rather than by raising tax rates.""
"Congressional Republicans are flagging this Obama comment from 2011: "What we said was give us $1.2 trillion in additional revenues, which could be accomplished without hiking taxes -- tax rates -- but could simply be accomplished by eliminating loopholes, eliminating some deductions and engaging in a tax reform process that could have lowered rates generally while broadening the base."
Obama made it clear what he wanted, and it is what most of the country wants. OF COURSE the republicans are being weakened, because they want to cut ss and Medicare while allowing the rich to continue to enjoy the lowest tax rates in a very long time. They still don't understand why they lost.
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