Largest Tax Hikes in History are Coming

jmar
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7/3/2010 8:17am
indy_maico wrote:
So tell us ahead of time what you will say if he... A. Extends the tax cuts, and thus adds to the deficit B. Ends the...
So tell us ahead of time what you will say if he...

A. Extends the tax cuts, and thus adds to the deficit

B. Ends the tax cuts and puts the additional revenue towards deficit reduction.

Haters like you will damn him either way, I'm sure, so please bless us with your opinion beforehand.

flarider wrote:
I'm waiting for the replies to this....



Frogman wrote:
C: Cut spending and extend tax cuts. I will say he messed up with A or B. I expect there will be a line of ignorami...
C: Cut spending and extend tax cuts.

I will say he messed up with A or B.

I expect there will be a line of ignorami that say we can't cut spending.
I know this isn't going to be a popular solution for most of you, but the reality is, were going to have to raise taxes and also cut spending if we are ever going to get the deficit payed down. We can start by bringing our troops home from iraq and afghanistan. That should save a 100 billion or so a year.

Keep in mind, close to a trillion of this deficit was cause making a bunch of fraudulent fat cats whole again.

BTW: I hate taxes as much as the rest of you.
flarider
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7/3/2010 8:31am
I find a lot of humor in all this and how people react...

But some people have some weird math...

Taking in less and spending less, makes enough additional income to pay off debt? In what alternate universe?

Seems to me, with my poor mathematical skills, one would need to increase their income and reduce their spending in order to have enough residual funds to pay down one's debt, right?

I mean, but what do I know, I was told I was wrong when I complained about Bush cutting taxes and then increasing spending while also starting a war.

or was I?



indy_maico
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7/3/2010 9:14am
flarider wrote:
I find a lot of humor in all this and how people react... But some people have some weird math... Taking in less and spending less...
I find a lot of humor in all this and how people react...

But some people have some weird math...

Taking in less and spending less, makes enough additional income to pay off debt? In what alternate universe?

Seems to me, with my poor mathematical skills, one would need to increase their income and reduce their spending in order to have enough residual funds to pay down one's debt, right?

I mean, but what do I know, I was told I was wrong when I complained about Bush cutting taxes and then increasing spending while also starting a war.

or was I?



It was unprecedented to cut taxes while starting or being at war. It never happened in American history.

And now we are facing the consequences.

But really, it is the Democrats and Obama's fault, especially if you listen to the teabaggers.

indy_maico
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7/3/2010 9:19am
Another thing vis-a-vis taxes.

The republican/conservative mantra is that cutting taxes on the rich and cutting capital gains taxes results in job growth.

Where are all those jobs now that we have had the tax cuts for 10 years?

Maybe the rich and the big corporations just pocket the money, or invest it in Wall Street to make more of it, rather than creating jobs.

The Shop

flarider
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7/3/2010 9:25am
indy_maico wrote:
Another thing vis-a-vis taxes. The republican/conservative mantra is that cutting taxes on the rich and cutting capital gains taxes results in job growth. Where are all...
Another thing vis-a-vis taxes.

The republican/conservative mantra is that cutting taxes on the rich and cutting capital gains taxes results in job growth.

Where are all those jobs now that we have had the tax cuts for 10 years?

Maybe the rich and the big corporations just pocket the money, or invest it in Wall Street to make more of it, rather than creating jobs.

People and corporations hire when they need people, not just because they have a few extra bucks.

They hire based on need, not excess funds

"Hey, we have an extra $50,000, let's hire someone we don't need"
"Great idea!"
croom mx
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7/3/2010 2:51pm
THAT means no more MX riding! IF these Tax increases go ahead!
TeamGreen
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7/3/2010 3:13pm
They will HAVE TO spend more to facilitate growth and A LOT of that will be stuff like the current Infrastructure Improvement Act(s)...etc.

Also, they'll have to do this without becoming the Evil Big Gov't types that Crowd Out the Private Sector; hence, Private Sector employment via said "Acts" thru the use of private sector contractors...etc. Seen the signs on the Freeway, lately?

The tax-cuts? Way to close to the 2012 Elections to NOT get "extended".

The thing they could do to be heroes? Facilitate Credit for Biz...proll'y via some legit-SBA activity and proll'y have to "Manipulate" the Fi-Sector.

But, I could be wrong.

I'm jus' sayin'...
indy_maico
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7/3/2010 4:09pm
TeamGreen wrote:
They will HAVE TO spend more to facilitate growth and A LOT of that will be stuff like the current Infrastructure Improvement Act(s)...etc. Also, they'll have...
They will HAVE TO spend more to facilitate growth and A LOT of that will be stuff like the current Infrastructure Improvement Act(s)...etc.

Also, they'll have to do this without becoming the Evil Big Gov't types that Crowd Out the Private Sector; hence, Private Sector employment via said "Acts" thru the use of private sector contractors...etc. Seen the signs on the Freeway, lately?

The tax-cuts? Way to close to the 2012 Elections to NOT get "extended".

The thing they could do to be heroes? Facilitate Credit for Biz...proll'y via some legit-SBA activity and proll'y have to "Manipulate" the Fi-Sector.

But, I could be wrong.

I'm jus' sayin'...
Playing the devil's advocate here, I keep hearing how the biggest worry of Americans these days is the deficit.

(I actually DON'T believe that, as it is a 3 syllable word so that means that MOST Americans don't even know what it means)

But if it is, how do those deficit-worriers reconcile continuing those tax cuts at the expense of the deficit?
Dean
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7/3/2010 4:22pm
TeamGreen wrote:
They will HAVE TO spend more to facilitate growth and A LOT of that will be stuff like the current Infrastructure Improvement Act(s)...etc. Also, they'll have...
They will HAVE TO spend more to facilitate growth and A LOT of that will be stuff like the current Infrastructure Improvement Act(s)...etc.

Also, they'll have to do this without becoming the Evil Big Gov't types that Crowd Out the Private Sector; hence, Private Sector employment via said "Acts" thru the use of private sector contractors...etc. Seen the signs on the Freeway, lately?

The tax-cuts? Way to close to the 2012 Elections to NOT get "extended".

The thing they could do to be heroes? Facilitate Credit for Biz...proll'y via some legit-SBA activity and proll'y have to "Manipulate" the Fi-Sector.

But, I could be wrong.

I'm jus' sayin'...
indy_maico wrote:
Playing the devil's advocate here, I keep hearing how the biggest worry of Americans these days is the deficit. (I actually DON'T believe that, as it...
Playing the devil's advocate here, I keep hearing how the biggest worry of Americans these days is the deficit.

(I actually DON'T believe that, as it is a 3 syllable word so that means that MOST Americans don't even know what it means)

But if it is, how do those deficit-worriers reconcile continuing those tax cuts at the expense of the deficit?
wait, I'm confused. I thought "deficits don't matter"?

What Cheney meant to say is "deficits don't matter, as long as a Republican is doing the spending"
Dean
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7/3/2010 5:47pm
enlighten us since you are apparently the Smartest Man in America

I guess that's soon the be the Smartest Man in the Far East, right?

I, for one, can't fucking wait.
flarider
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7/3/2010 5:51pm
Dean wrote:
enlighten us since you are apparently the Smartest Man in America I guess that's soon the be the Smartest Man in the Far East, right? I...
enlighten us since you are apparently the Smartest Man in America

I guess that's soon the be the Smartest Man in the Far East, right?

I, for one, can't fucking wait.
He wants you to vote for people who will have no authority, no majority and essentially zero power or capability to do little more than collect a paycheck
Frogman
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7/3/2010 5:52pm
flarider wrote:
I find a lot of humor in all this and how people react... But some people have some weird math... Taking in less and spending less...
I find a lot of humor in all this and how people react...

But some people have some weird math...

Taking in less and spending less, makes enough additional income to pay off debt? In what alternate universe?

Seems to me, with my poor mathematical skills, one would need to increase their income and reduce their spending in order to have enough residual funds to pay down one's debt, right?

I mean, but what do I know, I was told I was wrong when I complained about Bush cutting taxes and then increasing spending while also starting a war.

or was I?



I find humor in you playing stupid. I don't know, maybe you aren't playing.

WIth current tax income, cut a bunch of wasteful spending and use that money for debt reduction...it's that simple.

Bush isn't in office right now. No matter what he did...whining about it isn't going to solve the debt problem.
Frogman
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7/3/2010 5:53pm
flarider wrote:
He wants you to vote for people who will have no authority, no majority and essentially zero power or capability to do little more than collect...
He wants you to vote for people who will have no authority, no majority and essentially zero power or capability to do little more than collect a paycheck
In other words "I pretend to hate the way things are because I like the status quo"
flarider
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7/3/2010 5:54pm
flarider wrote:
I find a lot of humor in all this and how people react... But some people have some weird math... Taking in less and spending less...
I find a lot of humor in all this and how people react...

But some people have some weird math...

Taking in less and spending less, makes enough additional income to pay off debt? In what alternate universe?

Seems to me, with my poor mathematical skills, one would need to increase their income and reduce their spending in order to have enough residual funds to pay down one's debt, right?

I mean, but what do I know, I was told I was wrong when I complained about Bush cutting taxes and then increasing spending while also starting a war.

or was I?



Frogman wrote:
I find humor in you playing stupid. I don't know, maybe you aren't playing. WIth current tax income, cut a bunch of wasteful spending and use...
I find humor in you playing stupid. I don't know, maybe you aren't playing.

WIth current tax income, cut a bunch of wasteful spending and use that money for debt reduction...it's that simple.

Bush isn't in office right now. No matter what he did...whining about it isn't going to solve the debt problem.
Umm...isn't a large problem right now that we're taking in less income due to lower sales, profits and unemployment (as well as other things)?
flarider
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7/3/2010 5:57pm Edited Date/Time 7/3/2010 5:58pm
flarider wrote:
He wants you to vote for people who will have no authority, no majority and essentially zero power or capability to do little more than collect...
He wants you to vote for people who will have no authority, no majority and essentially zero power or capability to do little more than collect a paycheck
Frogman wrote:
In other words "I pretend to hate the way things are because I like the status quo"
Awesome job of making shit up



Frogman
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7/3/2010 5:59pm
flarider wrote:
Umm...isn't a large problem right now that we're taking in less income due to lower sales, profits and unemployment (as well as other things)?
Yes..and a tax increase would work wonders for the economy don't you think?

There is a debt reducing spending level at any tax income level...government needs to eliminate spending to get there.
flarider
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7/3/2010 6:08pm
Frogman wrote:
Yes..and a tax increase would work wonders for the economy don't you think? There is a debt reducing spending level at any tax income level...government needs...
Yes..and a tax increase would work wonders for the economy don't you think?

There is a debt reducing spending level at any tax income level...government needs to eliminate spending to get there.
So.....Taking in less and spending less, makes enough additional income to pay off debt?
Frogman
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7/3/2010 6:18pm
Frogman wrote:
Yes..and a tax increase would work wonders for the economy don't you think? There is a debt reducing spending level at any tax income level...government needs...
Yes..and a tax increase would work wonders for the economy don't you think?

There is a debt reducing spending level at any tax income level...government needs to eliminate spending to get there.
flarider wrote:
So.....Taking in less and spending less, makes enough additional income to pay off debt?
Does this really need to be answered?

Were you only able to pay your debts in the year when you made the highest income and unable to pay down debt in all the others?
Frogman
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7/3/2010 6:22pm
So you are saying if the economy boomed there would be no additional "work?"
Frogman
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7/3/2010 6:29pm
Not sure what this has to do with tax hikes but ok.
KAWboy14
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7/4/2010 9:40am
everyone should be happy paying their fair share so the obama admin can get reelected!
jmar
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7/4/2010 9:55am
KAWboy14 wrote:
everyone should be happy paying their fair share so the obama admin can get reelected!
How about putting political differences aside for today?

Have a great holiday.
TeamGreen
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7/5/2010 3:31pm
Team?

Classic.

What 'Team' are you on?

What do you DO for the Team?

How do YOU make a difference?
TeamGreen
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7/5/2010 3:36pm
You are in severe jeopordy of sounding like a "Speculator"!

Or, worse, yet: A Capitalist!
mxrelated
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7/5/2010 5:46pm
I'll bet Nacho makes less than 20k a year.... lets take the dumb fucks money,,,, is you is or is you aint crotcho
Scotty
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7/5/2010 10:09pm
They took your money???? wtf lol
Jakes Dad
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7/6/2010 9:48am
What team was running Congress during this time?
CR250Rider
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7/6/2010 11:57am
waaaaaaaaa

wawawaaaaaaaaaaaaaaaaaaa

Laughing
7/6/2010 12:27pm
You have to love the sound of Liberals crying. Obama is in POWER. He's great at preach'n. $5,000,000,000 per day in added debt to keep the dream alive. It's a small price to pay for NAFTA, bigger government, less worker benefits and wages, we also have to prop up the mortgages because GOD forbid there's devaluation and items become cheaper and in line with real wages. Keep believing in your Obama.
7/7/2010 10:16am
Well, at least we will get the next depression over with while I'm still young enough get through it.

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