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We have a Spending Problem, NOT a tax revenue problem

Conservative said:
LOL, Sheik posted numbers two years after the President's took office, two years after Reagan took office we were coming out of a recession and two years after Bush took office we were recovering from the March 2001 recession and 9/11. The recession Obama inherited ended in June 2009 so two years out which is June we had 14.7 million unemployed and have added almost 4 trillion to the debt. That is comparing apples to oranges.

This symbolizes the Obama record

YouTube - ‪Mitt on the Road: Allentown, PA‬‏


Last Four Recessions and their Durations
12/07 - 6/09 18 months
3/01 - 11/01 8 months
7/90 - 3/91 8 months
7/81 - 11/82 16 months
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please, spare me more of your youtube videos, the truth is you have supported, repeatedly, up to what was it, 8 times? you have supported results similar to or worse than obama's...quit lying to me, and yourself, that the 'results matter', to you , no, they don't, or you wouldnt be such a hypocrite. the only thing that matters to you is if there is an [R] or a [D] by the name....
 
I still want to know why Republicans are willing to put this nation into debt-default, rather than seeing the super-rich pay a little more in taxes.
 
Redress said:
Do you understand how tax brackets work? It seems most likely you do not based on your post. Further, you entirely failed to either address the point I made, and certainly did not counter it at all despite your claim that you would.
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Looks like conservative thinks you calculate how much income tax you have to pay, and then subtract the tax deductions. We'll just add that to The List of Wacky Things People Believe
 
Redress said:
Do you understand how tax brackets work? It seems most likely you do not based on your post. Further, you entirely failed to either address the point I made, and certainly did not counter it at all despite your claim that you would.
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Completely, thanks for asking. Now do you understand deductions and how those deductions affect what you pay in taxes? Noticed how you and everyone else always talks about rates but never the amount paid. Nor do you understand that the amount paid in taxes doesn't prevent those who don't believe they are paying enough to send in more money. As has been pointed out but of course ignored, is that approximately 56 million Americans, 47%X 140 million labor force) pay zero in Federal Income Taxes and if they paid just $10 that would add more than 560 million to the Treasury for those that want more govt. revenue to fund the current 3.7 trillion dollar budget. Interesting how that fact is ignored as the class warfare continues.
 
BDBoop said:
Just in general. That and the fact that there are so many more of us than there used to be, so of course there will be more money spent. Things are not so simple, in my mind, as a graph would try to make it.
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Depends entirely on the graph and the data. Things like percentage of GDP, inflation is irrelevant. When people talk about dollar amounts, then adjusted for inflation and percentage change are needed for real comparisons. The same is true when comparing anything. Also look for people using nonstandard measures(eg Conservative and his unemployment rate number he quotes).
 
Well, you will likely never know, because they refuse to be honest about the why of it. And those who support them are an embarrassment.
 
Conservative said:
Completely, thanks for asking. Now do you understand deductions and how those deductions affect what you pay in taxes? Noticed how you and everyone else always talks about rates but never the amount paid. Nor do you understand that the amount paid in taxes doesn't prevent those who don't believe they are paying enough to send in more money. As has been pointed out but of course ignored, is that approximately 56 million Americans, 47%X 140 million labor force) pay zero in Federal Income Taxes and if they paid just $10 that would add more than 560 million to the Treasury for those that want more govt. revenue to fund the current 3.7 trillion dollar budget. Interesting how that fact is ignored as the class warfare continues.
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Just once could you actually address what I have said? Just once?
 
sangha said:
Looks like conservative thinks you calculate how much income tax you have to pay, and then subtract the tax deductions. We'll just add that to The List of Wacky Things People Believe
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Looks like you don't know what you are talking about. Please explain to me what good is a raising the tax rates on the rich and ignoring the zero taxes paid by 47% of the income earners? What good are raising tax rates with 14.7 million unemployed Americans and when that tax rate doesn't show what people actually pay
 
Thunder said:
I still want to know why Republicans are willing to put this nation into debt-default, rather than seeing the super-rich pay a little more in taxes.
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IMO, they want the economy to crash for both political and personal reason

political - The GOP hopes that people will blame Obama if the economy tanks, in order to prevent his re-election
personal - republican leaders are heavily invested in short-selling bonds. If the US defaults on bonds, the republican leaders will make money.
 
Redress said:
Just once could you actually address what I have said? Just once?
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Did you ever think for a moment that what you are saying doesn't make any sense or could be explained better? What do tax rates have to do with the actual amount paid?
 
sangha said:
IMO, they want the economy to crash for both political and personal reason

political - The GOP hopes that people will blame Obama if the economy tanks, in order to prevent his re-election
personal - republican leaders are heavily invested in short-selling bonds. If the US defaults on bonds, the republican leaders will make money.
Click to expand...


You mean like the Democrats did when they took over Congress in January 2007 and we went into Recession in December 2007? Were they destroying the economy for personal gain?
 
BDBoop said:
Well, you will likely never know, because they refuse to be honest about the why of it. And those who support them are an embarrassment.
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Let's see, VISA increases your credit limit and that causes you to reduce spending?
 
sangha said:
IMO, they want the economy to crash for both political and personal reason
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Obama extended the Bush tax-cuts for two years.

Now its time for the GOP to compromise on taxes.

And yes, it looks like the GOP actually WANTS the USA to go into debt-default, because they think it will help them in 2012.

Sick, sadistic, and even treasonous.
 
Redress said:
Depends entirely on the graph and the data. Things like percentage of GDP, inflation is irrelevant. When people talk about dollar amounts, then adjusted for inflation and percentage change are needed for real comparisons. The same is true when comparing anything. Also look for people using nonstandard measures(eg Conservative and his unemployment rate number he quotes).
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What was the misery index under President Bush, inflation plus unemployment rate? What is that misery index today?
 
Conservative said:
Did you ever think for a moment that what you are saying doesn't make any sense or could be explained better? What do tax rates have to do with the actual amount paid?
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OK: The "law" cpwill presented says that tax revenue will be about 19.5% of GDP, no matter the rate. If, in 2009, tax revenue had been that 19.5 %, we would have had 700 billion more in tax revenue. Is that clear enough?
 
Conservative said:
What was the misery index under President Bush, inflation plus unemployment rate? What is that misery index today?
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What does that have to do with what I said?
 
randel said:
lol...hell has a better chance of freezing over before that happens.
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Keep running from the Obama record. Name for me ONE Republican President that had 14.7 million unemployed Americans and added 4 trillion to the Debt in less than 3 years?
 
Conservative said:
If you understood the misery index which includes inflation you would understand,, but apparently not
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I do understand the misery index, and it has jack **** to do with what I said.
 
Redress said:
OK: The "law" cpwill presented says that tax revenue will be about 19.5% of GDP, no matter the rate. If, in 2009, tax revenue had been that 19.5 %, we would have had 700 billion more in tax revenue. Is that clear enough?
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The rate is irrelevant, the deductions matter and that is the point. You talk about rates and ignore deductions which put 47% of the American working force at a zero FIT paid. Looks to me like you support a flat tax
 
Conservative said:
The rate is irrelevant, the deductions matter and that is the point. You talk about rates and ignore deductions which put 47% of the American working force at a zero FIT paid. Looks to me like you support a flat tax
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I said nothing about rates, did I. I pointed out a flaw in the law's predictive power. Neat idea: read what I say, and respond to that.
 
Redress said:
I do understand the misery index, and it has jack **** to do with what I said.
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Inflation affects what you said but you ignore the misery index is inflation plus unemployment. What you continue to ignore is the number of people not paying ANY FIT which of course affects total govt. revenue since that is what you are concerned about.
 
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