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Obama Pushes for Tax Increases in Budget Talks, Tells GOP to Sacrifice 'Sacred Cows'
Read more: Obama Pushes for Tax Increases in Budget Talks, Tells GOP to Sacrifice 'Sacred Cows' - FoxNews.com
All deficits are voluntary - if you run a deficit, you have done so because you have chosen to spend more revenue that you brought in.
taxes on the wealthy in the USA are historically low. there is NOTHING wrong with raising taxes on millionaires and billionaires, in order to help fight the deficit and the national debt.
there is NOTHING wrong with raising taxes on private jets, cutting tax-loop holes on corporations and oil companies, and raising taxes on private jets, to get the govt. some more funds.
its fascinating how the GOP appears to be willing to let the USA default on its debt, in order to save tax breaks on private jets.
fascinating indeed.
I wonder how the American people feel about the GOP's insistence on not raising taxes on the super-rich in the USA?
taxes on the wealthy in the USA are historically low. there is NOTHING wrong with raising taxes on millionaires and billionaires, in order to help fight the deficit and the national debt.
there is NOTHING wrong with raising taxes on private jets, cutting tax-loop holes on corporations and oil companies, and raising taxes on private jets, to get the govt. some more funds.
its fascinating how the GOP appears to be willing to let the USA default on its debt, in order to save tax breaks on private jets.
fascinating indeed.
I wonder how the American people feel about the GOP's insistence on not raising taxes on the super-rich in the USA?
Government Taxes and Revenue Chart in United States 1902-2015 - Federal State Local
the facts are clear: raising taxes on the rich increases federal revenue over the short term AND the long term.
actually, a plurality of americans think it's fine to raise taxes on the rich. i do too, as long as it's combined with substantial spending cuts.
Why do you support raising taxes on anyone?
Here we go again, please explain to me how tax revenue grew AFTER the Reagan and Bush Tax cuts according to the U.S. Treasury?
Where are the Obama expense cuts?
society sometimes chooses to raise taxes if there is a lack of needed revenue. often times this is joined with spending cuts.
what's the problem with that?
how is this unusual?
as of today, the GOP and Democrats have agreed on over $1 trillion in spending cuts over the next 10 years.
There is lack of revenue to fund the liberal appetite for spending.
Why do you support raising taxes on anyone? Explain to me how much in taxes those 15 million unemployed Americans are paying? That is why we have low revenue, not because of tax cuts for the rich? How much will that generate anyway in the liberal world?
I asked you how much in taxes do the 15 million unemployed Americians Pay.
how do the tens of billions of dollars in farm-subsidies fit into your "liberal appetite" for spending?
you are complaining that unemployed Americans don't pay enough in income taxes?
wow.
Why do you have a problem with people and businesses keeping more of what they earn?
because we are in trouble. it amazes me that republicans in congress are so unwilling to compromise....oh wait, no it doesn't. the rich pay a much lower rate on dividends and long term cap gains than i pay on my salary. that's a huge disconnect, and that's part of what i would tax. now, do you really think they would stop investing if they had to pay more in taxes? highly doubtful. do you think the "rich" will close up shop and not want to make anymore money? no.........they wouldn't. do you think the rich will stop buying anything? no....they won't. the vast, vast majority of small businesses wouldn't see no increase in taxes, so don't even bring that up.
eliminating tax breaks that were given to wealthy unadvisedly is the right thing to do. hell, if my taxes were raised i wouldn't complain, much. we are supposed to be in this together, but for some reason the rich and those who have been duped don't see it that way.
No, I am explaining to you why we have a revenue problem according to Obama, he has increased the number of unemployed after spending over a trillion dollars in stimulus.
why do you want only the middle-class and poor make the necessary sacrifices to cut the deficit and debt?
why should the rich and super-rich get away scot-free?
actually, a plurality of americans think it's fine to raise taxes on the rich. i do too, as long as it's combined with substantial spending cuts.
if you take a look at US Federal revenue before and after the Bush tax increases of 1991, you can see the revenue increased after the tax increases. Revenue continued to increase every year after that.
We are in trouble because the govt. spends too much money,
this is really rich, coming from you.....perhaps you should take your own advice?Why don't you answer the questions posed to you instead of diverting? What is the fair share that the rich should pay since 38% of Federal Income taxes paid isn't enough in your world?
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