4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

  1. You have chosen to ignore posts from tvoter. Show tvoter's posts

    4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    this making 400,000 or more pay alot more in taxes. The avg family making 50k a year will pay 1000 more in payroll taxes to the wasteful, corrupt govt.

    That less money for consumer to spend but, at least Obama gave Biden and company a nice fat pay raise on our backs!

     
  2. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    In response to tvoter's comment:

    this making 400,000 or more pay alot more in taxes. The avg family making 50k a year will pay 1000 more in payroll taxes to the wasteful, corrupt govt.

    That less money for consumer to spend but, at least Obama gave Biden and company a nice fat pay raise on our backs!



    To liberals, it always makes sense to send a dollar to Washington in return for a fifty cent entitlement.

     
  3. You have chosen to ignore posts from UserName99. Show UserName99's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    Falling off the cliff was a better deal for the country.  Income taxes should have gone up for more than just the 0.7%ers.  A meat axe needs to be taken to the bloated military industrial cartel budget and the cliff would have been a good start.

    Corporate welfare is what really needs to be addressed.  Things like:  ethanol subsidies, carried interest exemptions, closing off-shore tax havens, and all of the other exemptions that result in huge multinational corporations having a negative income tax bill. 

    Note that I included spending cuts, tax hikes, and reform because i'm a balanced approach kind of guy.

     
  4. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    In response to UserName99's comment:

    Falling off the cliff was a better deal for the country.  Income taxes should have gone up for more than just the 0.7%ers.  A meat axe needs to be taken to the bloated military industrial cartel budget and the cliff would have been a good start.

    Corporate welfare is what really needs to be addressed.  Things like:  ethanol subsidies, carried interest exemptions, closing off-shore tax havens, and all of the other exemptions that result in huge multinational corporations having a negative income tax bill. 

    Note that I included spending cuts, tax hikes, and reform because i'm a balanced approach kind of guy.



    I like your cuts.  All of that (and more) needs to go.

    I would be a bit easier on defense.  I think we need to know what we expect out of our military first.  I don't think that has been clear for almost two decades.  Strategy first with defense.

    I think short of moving to a flat tax, which is what I prefer, taxes need to go down for everyone.  wish lists and fair dust do not stimulate the economy.

     
  5. You have chosen to ignore posts from tvoter. Show tvoter's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    I am ok with the rates going up for the top 10% but, with no cuts to spending it will be harnful to our overall economy!

    We are (imho) headed for a recession of gigantic proportions. The middle class will will be crushed and the poor will be decimated; the "rich" which will be mostly federal workers by this point will make it a short it timew longer until washingtons funds dry up as well and they are laid off.

    dems will blame repubs and vice versa

    Then......anarchy!!

     
  6. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    In response to tvoter's comment:

    I am ok with the rates going up for the top 10% but, with no cuts to spending it will be harnful to our overall economy!

    We are (imho) headed for a recession of gigantic proportions. The middle class will will be crushed and the poor will be decimated; the "rich" which will be mostly federal workers by this point will make it a short it timew longer until washingtons funds dry up as well and they are laid off.

    dems will blame repubs and vice versa

    Then......anarchy!!



    The rich and the poor are relatively unharmed by all of this.  It is what we call the middle class, those earning 50 to 250 K that get hosed.  Think of the impact this way:

    The poor already have nothing to lose, and can get government entitlements worth a near middle class income.  The rich buy one less ski lodge.    The middle class takes their kid out of college, pins a twenty to their shirt and wishes them luck.

    That's the difference concerning all three classes.

     
  7. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    In response to WhatDoYouWantNow's comment:

    "I am ok with the rates going up for the top 10% but, with no cuts to spending it will be harnful to our overall economy!"

     

    The Reps could have gotten their cuts if they agreed to help Obama save face by giving him his 250k line in the sand.

    Instead they lost that negotiating power by focusing on protecting the well off (250-400k) from tax increases that Bush intended (if he wasn't lying...heh heh).

     

    In response to tvoter's comment:

     

    We are (imho) headed for a recession of gigantic proportions. The middle class will will be crushed and the poor will be decimated; the "rich" which will be mostly federal workers by this point will make it a short it timew longer until washingtons funds dry up as well and they are laid off.

    dems will blame repubs and vice versa

    Then......anarchy!!



    Oh, Christ. So build a bunker. You'll create Home Depot jobs.

    Before you do I'd be curious to see your economic analyses and regressions that indicate this likelihood, and indicate that sharp spending cuts would prevent this imagined recession.

     



    Well, if government spends only what it takes in, then it will not need to borrow long term debt.  This means that government will be at it largest overal contribution to economic activity. Taking on long term debt (i.e. NOT what Keynes stated.  Keynes was talking about short-term debt) to pay current expenses devalues impact of government spending, as the money is either created out of thin air, or taken out of the private sector, leading to monetary devaluation and/or inflation.

    Isn't that clear, or do you lack an understanding of basic economics?

     
  8. You have chosen to ignore posts from DirtyWaterLover. Show DirtyWaterLover's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    Right, we would have been much better off paying higher health insurance premiums and being able to take home ever less in social security benefits.

     
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  10. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    In response to DirtyWaterLover's comment:

    Right, we would have been much better off paying higher health insurance premiums and being able to take home ever less in social security benefits.



    News flash: we are paying higher premiums, thanks to Obamacare.  You really don't keep up with things, do you? Or maybe you are in one of those unions with a waiver, or a government employee.

     
  11. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    In response to WhatDoYouWantNow's comment:

    In response to skeeter20's comment:

    It is what we call the middle class, those earning 50 to 250 K that get hosed.




     

    Uh, that's who Obama's demands favored.

     

    People like you opposed Obama because you were worried about those making over 250k getting hosed.



    Obama raised taxes on the middle class today.  Average for EVERYONE is about $1,000, including the middle class.

     

    the poor continue to get all their "entitlements", at the expense of working people.

     
  12. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    In response to WhatDoYouWantNow's comment:

    In response to skeeter20's comment:

    Obama raised taxes on the middle class today.

     


    Obama wanted to extend the tax cuts for those making under 250k, continue unemployment, continue the payroll tax cuts.

    What taxes do you speak of?




    So Obama "wanted" to extend payroll tax cuts. But yet his robosignature approves the compromise bill  ending the 2 year  payroll tax break, which effectively raises taxes for all wage earners next year, which means the highest tax burdens since 2008 for most U.S. households.

    So if the GOP didn't "want "to raise income tax rates for the first time since 1991, then they arent responsible for their vote doing so? 

     
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  14. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    In response to 12-Angry-Men's comment:

    Of course Congress's own committee states that it's not a spending problem, it's a revenue problem; 

    More glaring, the Joint Committee on Taxation estimates that the deal would add $3.9 trillion to the debt over the next decade because of lost revenue from locking in rates on individual income, estates and investment, as well as renewing tax breaks for individuals and corporations.

    Read more: http://www.politico.com/story/2013/01/112th-congress-legacy-unfinished-business-85659.html#ixzz2GqYDrVP3



    Other than confirming they are politicians unwilling to fix the problem, do you have a point?  Does their blindess also make you blind?

    Apparently so.

     
  15. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    In response to WhatDoYouWantNow's comment:

    In response to skeeter20's comment:

    News flash: we are paying higher premiums, thanks to Obamacare.



    Lying as usual. How Christian.

     

    You even once posted a chart to back up that claim. Trouble is your chart showed premiums grew more slowly after Obamacare than in the ten years before Obamacare.

    /yawn



    For the HUNDRETH TIME, premiums up 4% last year.  Obama care was supposed to lower premiums, imediately.  Here is the article, which I have posted before, you blind ingnorant diiot.

     

    http://money.cnn.com/2012/09/11/pf/insurance/health-insurance-premiums/index.html

     
  16. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    In response to WhatDoYouWantNow's comment:

    In response to skeeter20's comment:

    Obama raised taxes on the middle class today.

     


    Obama wanted to extend the tax cuts for those making under 250k, continue unemployment, continue the payroll tax cuts.


    What taxes do you speak of?




    Social security taxes.  Up 52% as of yesterday.

    You really need to pay attention.

     
  17. You have chosen to ignore posts from DirtyWaterLover. Show DirtyWaterLover's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    In response to skeeter20's comment:

    In response to DirtyWaterLover's comment:

    Right, we would have been much better off paying higher health insurance premiums and being able to take home ever less in social security benefits.



    News flash: we are paying higher premiums, thanks to Obamacare.  You really don't keep up with things, do you? Or maybe you are in one of those unions with a waiver, or a government employee.




    Really?  We're paying higher premiums for health care?  Prove it.

     
  18. You have chosen to ignore posts from DirtyWaterLover. Show DirtyWaterLover's posts

    Re: 4 more trillion in debt and everyone pays more taxes! Washingftin won the public lost!

    In response to skeeter20's comment:

    In response to WhatDoYouWantNow's comment:

    In response to skeeter20's comment:

    News flash: we are paying higher premiums, thanks to Obamacare.



    Lying as usual. How Christian.

     

    You even once posted a chart to back up that claim. Trouble is your chart showed premiums grew more slowly after Obamacare than in the ten years before Obamacare.

    /yawn



    For the HUNDRETH TIME, premiums up 4% last year.  Obama care was supposed to lower premiums, imediately.  Here is the article, which I have posted before, you blind ingnorant diiot.

     

    http://money.cnn.com/2012/09/11/pf/insurance/health-insurance-premiums/index.html



    Obamacare was supposed to immediately lower premiums?  Who said?  Amazing, only a small part of Obamacare was implemented last year and yet it was supposed to lower premiums immediately.

     
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