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Getbig Main Boards => Politics and Political Issues Board => Topic started by: MB on July 26, 2011, 10:21:25 AM
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If they hold their ground and refuse to raise the debt ceiling, Obama is completely powerless to act. I really hope they call Obama's bluff and force him to make tough choices. I literally think he would resign before making cuts.
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If they hold their ground and refuse to raise the debt ceiling, Obama is completely powerless to act. I really hope they call Obama's bluff and force him to make tough choices. I literally think he would resign before making cuts.
do you actually support this nutty group? the are christian fundamentalist that literally believe in the bible for the majority. They believe noah lived to 600, that eve came from adams rib and that the world in only 6000 years old. Being so polarized is not good, they are unwilling to negotiate and have absolutes which are unfair to the middle class. Obama has agreed to making cuts, where do you get your info, he is willing to compromise, it is the other side that will not budge. The tax hikes will not effect the middle class as proposed, only the ultra rich like obama who has stated he can afford to help much more. What is wrong with your mind? are you so brainwashed that logic no longer sways you?
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Where is obamas plan?
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Where is obamas plan?
he outlined several times, decreased spending with increased revenue by closing tax benefits to the rich.
if obama is bad it doesnt make the tea party good, this is a logical fallacy, they are not the default like you want people to believe.
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do you actually support this nutty group? the are christian fundamentalist that literally believe in the bible for the majority. They believe noah lived to 600, that eve came from adams rib and that the world in only 6000 years old. Being so polarized is not good, they are unwilling to negotiate and have absolutes which are unfair to the middle class. Obama has agreed to making cuts, where do you get your info, he is willing to compromise, it is the other side that will not budge. The tax hikes will not effect the middle class as proposed, only the ultra rich like obama who has stated he can afford to help much more. What is wrong with your mind? are you so brainwashed that logic no longer sways you?
This "nutty" group was put there by the people to hold their ground and stop the spending. If they budge, they will be sent packing at the next election.
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he outlined several times, decreased spending with increased revenue by closing tax benefits to the rich.
if obama is bad it doesnt make the tea party good, this is a logical fallacy, they are not the default like you want people to believe.
He didnt outline shit! He game a speech with focus group tested cliche and pap.
Even the CBO said they score a speech.
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This "nutty" group was put there by the people to hold their ground and stop the spending. If they budge, they will be sent packing at the next election.
spending is not a bad thing, it depends on the context. In fact spending is a economic milestone, increased spending in the hands of consumers, namely those of moderate markets aid the economy.
They are way to polarized and have to many ideas not based in reality, by that i mean way out there, non-debatable ideas, not so-so issues. People like palin and bachmann are not that bright and lie about obvious facts like oil contracts and international policy. They may have some good ideas dont get me wrong, but they are seen as nuts.
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He didnt outline shit! He game a speech with focus group tested cliche and pap.
Even the CBO said they score a speech.
he was refering to the plan that was presented that was more generous then the gang of six proposal, of course he is not going to go through the details when half of population is to dumb to understand it. Hell people like you were still debating whether he was born in america or if he was a muslim. Dont get sidetracked by that, its actually not his job to formulate plans for this issue ftr, he is part of the negotiations and helps to rectify the agreements presented by both parties. It;s not like he makes a plan by himself and presents it.
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spending is not a bad thing, it depends on the context.
The context is borrowing $.40 on every $1 spent.
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The context is borrowing $.40 on every $1 spent.
sure, i agree. Where should the spending decreases come from? what do you think is in the best interest of the majority of americans, people like you, unless you are making over 250,000. seriously what areas would you cut?
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sure, i agree. Where should the spending decreases come from? what do you think is in the best interest of the majority of americans, people like you, unless you are making over 250,000. seriously what areas would you cut?
50% pay nothing at all. Thats pure bullshit.
I say we cut 10% across the board everywhere, everyone, no exemptions.
Thats' 400b a year in savings alone.
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50% pay nothing at all. Thats pure bullshit.
I say we cut 10% across the board everywhere, everyone, no exemptions.
Thats' 400b a year in savings alone.
Even the Tea party doesn't want to cut SS or Medicare or Defense.
So really, where are all of these cuts coming from?
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Even the Tea party doesn't want to cut SS or Medicare or Defense.
So really, where are all of these cuts coming from?
The only fair way is across the board no one spared, no exemptions.
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If they hold their ground and refuse to raise the debt ceiling, Obama is completely powerless to act. I really hope they call Obama's bluff and force him to make tough choices. I literally think he would resign before making cuts.
Obama didn't have the power anyway to begin with. The only thing he can do is either sign or veto a bill...its the Representatives and Senators that have to make the budget. Its a ridiculous game of playing politics and ultimately if it isn't raised, our credit is going to be downgraded and then we'll be in some real shit.
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The only fair way is across the board no one spared, no exemptions.
I agree... but WHO will do that?
Certainly not Bachmann or Boehner.
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Obama didn't have the power anyway to begin with. The only thing he can do is either sign or veto a bill...its the Representatives and Senators that have to make the budget. Its a ridiculous game of playing politics and ultimately if it isn't raised, our credit is going to be downgraded and then we'll be in some real shit.
This is from a speech Obama made in 2006:
The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.
Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion.That is “trillion” with a “T.” That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President’s budget will increase the debt by almost another $3.5 trillion.
Numbers that large are sometimes hard to understand. Some people may wonder why they matter. Here is why: This year, the Federal Government will spend $220 billion on interest. That is more money to pay interest on our national debt than we’ll spend on Medicaid and the State Children’s Health Insurance Program. That is more money to pay interest on our debt this year than we will spend on education, homeland security, transportation, and veterans benefits combined. It is more money in one year than we are likely to spend to rebuild the devastated gulf coast in a way that honors the best of America.
And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.
Every dollar we pay in interest is a dollar that is not going to investment in America’s priorities.
Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006
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The only fair way is across the board no one spared, no exemptions.
thats not fair, how do you feel its fair?
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thats not fair, how do you feel its fair?
Why not? I thought you far leftists wanted equality?
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Why not? I thought you far leftists wanted equality?
im not a far leftist, lol. Its not fair to those who will be affected disproportionately. Those who have to sacrifice things that impact the quality of there life, who have already sacrificed. Are you rich or something, why would you support this plan? Im rich so you know, in the sense that i make more then enough and have way more then enough. I pay 50% taxes also.
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im not a far leftist, lol. Its not fair to those who will be affected disproportionately. Those who have to sacrifice things that impact the quality of there life, who have already sacrificed. Are you rich or something, why would you support this plan? Im rich so you know, in the sense that i make more then enough and have way more then enough. I pay 50% taxes also.
Bullshit - someone who pays nothing in in taxes, like 50% do, are getting a free ride on the backs of the other 50%.
What is someone who pays nothing sacrificing?
Again - you are all cliche and pap.
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Bullshit - someone who pays nothing in in taxes, like 50% do, are getting a free ride on the backs of the other 50%.
What is someone who pays nothing sacrificing?
Again - you are all cliche and pap.
If you make 19K a year, do you really think you should have to pay 50% of it to the government.
The reality is that the truly wealthy, can afford it.... Is it "Fair" in the sense of equal payout... perhaps not, but it is "fair" when it comes to being able to survive.
How is it fair to expect a person who brings home 10K a year after taxes to be able to survive like someone who brings home 250,000?
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If you make 19K a year, do you really think you should have to pay 50% of it to the government.
The reality is that the truly wealthy, can afford it.... Is it "Fair" in the sense of equal payout... perhaps not, but it is "fair" when it comes to being able to survive.
How is it fair to expect a person who brings home 10K a year after taxes to be able to survive like someone who brings home 250,000?
Thats life. I favor 10% flat tax across the board. No exemptions, nothing. Or a sales tax.
Sorry - someone who makes 20k also benefits from the military, coast guard, police, fire, etc, and should pay.
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the flat tax will never work. millionaires will lose money in a big way when the bottom 1/4 of the population STOPS spending 100% of their income at walmart and mcd and starts giving it to the govt.
it's why it fails, every single time. They stop CONSUMING, which hurts a ton of businesses. The rich people aren't putting 100% of their income back into the GDP, far from it.
So no timmy, there will never ever be a flat tax for exactly this reason. Millionaires like it short-term, but long term, the entire economy will slump so 3% of the population can put their saved millions into Euros and Silver. bad idea.
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Thats life. I favor 10% flat tax across the board. No exemptions, nothing. Or a sales tax.
Sorry - someone who makes 20k also benefits from the military, coast guard, police, fire, etc, and should pay.
That's life? That's your response?
Well, then this is pointless.... I make about 3-4 times what my sister does, I don't expect her to be able to live properly if she has to pay as much as I do in taxes.
That's absolutely ridiculous to say.
I do not agree with this at all.
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Thats life. I favor 10% flat tax across the board. No exemptions, nothing. Or a sales tax.
Sorry - someone who makes 20k also benefits from the military, coast guard, police, fire, etc, and should pay.
so any degree of benefit will do? How are you saying that the low level income pepple benefit as much as the corporate billionaires? isn't that welfare by definition. what benefit do the poor get from the coastgaurd, while the major corps ensure their huge freights are deliviered abroad safely, how is that equal.
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That's life? That's your response?
Well, then this is pointless.... I make about 3-4 times what my sister does, I don't expect her to be able to live properly if she has to pay as much as I do in taxes.
That's absolutely ridiculous to say.
I do not agree with this at all.
Everyone needs to pay something if they get income.
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Flat tax will never happen. the RICH will never let it happen. let's face it, they control everything and if they did indeed want it, they would get it.
If the bottom 1/4 of society (let's say currently paying NO taxes) suddenly has to pay 15% in taxes... and it's safe to assume they don't save much and spend nearly 100% of their income..
Then 1/4 of society would suddenly be spending 15% less. Walmart, shoe stores, restaurants, etc suddenly see a 15% drop in sales, automatically. Companies barely scraping by suddenly see sales drop by 15%. Good luck with that. Will never happen.
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Everyone needs to pay something if they get income.
Ridiculous. That's like charging 9 year olds for making money on a lemonade stand.
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Ridiculous. That's like charging 9 year olds for making money on a lemonade stand.
Yes!
If you make $10 in income, pay $1.
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Flat tax will never happen. the RICH will never let it happen. let's face it, they control everything and if they did indeed want it, they would get it.
If the bottom 1/4 of society (let's say currently paying NO taxes) suddenly has to pay 15% in taxes... and it's safe to assume they don't save much and spend nearly 100% of their income..
Then 1/4 of society would suddenly be spending 15% less. Walmart, shoe stores, restaurants, etc suddenly see a 15% drop in sales, automatically. Companies barely scraping by suddenly see sales drop by 15%. Good luck with that. Will never happen.
wow you understand economics? that the billionaires dont aid the economy but that the regular joe who pays into these companies do? henry ford raised his minimum wage because he realized his workers would now spend money and become consumers of his product, economics 101, the average joe has to spend his money and keep the demand going. Those buying jets do not.
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Yes!
If you make $10 in income, pay $1.
relativity doesn't matter?
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Yes!
If you make $10 in income, pay $1.
If you are being sarcastic, I laugh with you... If you're being serious... I'm dumbfounded.
That is the type of policy that will increase police action in the country... more agents trying to track down whether or not you paid your due to the evil empire.
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wow you understand economics? that the billionaires dont aid the economy but that the regular joe who pays into these companies do? henry ford raised his minimum wage because he realized his workers would now spend money and become consumers of his product, economics 101, the average joe has to spend his money and keep the demand going. Those buying jets do not.
i saw yesterday that in the last 10 years... 2.9 mil jobs lost in USA, and 2.4 mil jobs ADDED overseas... from US corporations.
The jobs aren't disappearing - Rich american business owners are moving them overseas.
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i saw yesterday that in the last 10 years... 2.9 mil jobs lost in USA, and 2.4 mil jobs ADDED overseas... from US corporations.
The jobs aren't disappearing - Rich american business owners are moving them overseas.
Exactly... They are going where they see the labor as cheap... All while having the LOWEST taxes in HISTORY!!!
So low taxes have done WHAT?
Allow them to take their extra capital and move jobs over the ocean.
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If you are being sarcastic, I laugh with you... If you're being serious... I'm dumbfounded.
That is the type of policy that will increase police action in the country... more agents trying to track down whether or not you paid your due to the evil empire.
No, I support a LOW flat tax across the board. Its utter bullshit that 50% pay nothing. Those 50% who pay nothing at all will always vote for the assholes promising more taxes on the other 50% since it does not impact them. Thats nonsense.
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Exactly... They are going where they see the labor as cheap... All while having the LOWEST taxes in HISTORY!!!
So low taxes have done WHAT?
Allow them to take their extra capital and move jobs over the ocean.
100% correct. Proof is in the pudding.
They had their tax breaks since 2001, and they've moved jobs anyway. They've been buying up gold and foreign currency. The dollar is sinking partially because of this. You let them keep 19% more of their income (from a 34 to 15% flat rate) and all they'll do it put that money into Silver and more mnfg plants in Phillipines.
Stupid ass people argue for flat tax, plain and simple.
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No, I support a LOW flat tax across the board. Its utter bullshit that 50% pay nothing.
They put 100% of their income right back into the economy and GDP, and they are taxed bigtime on sales tax, which is a 6 or 7% tax on damn near everything they buy.
The rich purchase FAR less, and have some pretty nifty tax havens to aid as well. There aren't many tax breaks for people buying $9 shoes at Walmart.
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Exactly... They are going where they see the labor as cheap... All while having the LOWEST taxes in HISTORY!!!
So low taxes have done WHAT?
Allow them to take their extra capital and move jobs over the ocean.
Its not only taxes forcing jobs overseas. Its everything!
Again - until and unless you have run a business with employees, you have no clue about this.
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Its not only taxes forcing jobs overseas. Its everything!
Again - until and unless you have run a business with employees, you have no clue about this.
I do help my family do this... I talk to the accounts, I know that the Healthcare bill is hurting us... I know that food costs are higher... Yet we still make GREAT money.
So tell me again that I "have no clue"?
We aren't the EXTREME rich... The business does VERY well though... We will feel some struggle, but we are not closing our doors, not by any stretch and when we do decide to "Get out", we are just going to sell the franchises.
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I do help my family do this... I talk to the accounts, I know that the Healthcare bill is hurting us... I know that food costs are higher... Yet we still make GREAT money.
So tell me again that I "have no clue"?
We aren't the EXTREME rich... The business does VERY well though... We will feel some struggle, but we are not closing our doors, not by any stretch and when we do decide to "Get out", we are just going to sell the franchises.
Its insurance, DOL, workers comp, lawsuits, disability, UI skryrocketing, tort claims, discrimination suits, state taxes and levies, etc etc.
The cost of doing business in this country has become way too high for most businesses to remain viable.
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Its insurance, DOL, workers comp, lawsuits, disability, UI skryrocketing, tort claims, discrimination suits, state taxes and levies, etc etc.
The cost of doing business in this country has become way too high for most businesses to remain viable.
I know all about the rules, regulations and things we pay out.
We are still VERY profitable. We have 6 stores and most people WISH they had the income we have (as a family unit... I don't really get any of it... It goes Mom and Dad, and of course we get some benefit of their success, but I don't really get the profits myself)
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I know all about the rules, regulations and things we pay out.
We are still VERY profitable. We have 6 stores and most people WISH they had the income we have (as a family unit... I don't really get any of it... It goes Mom and Dad, and of course we get some benefit of their success, but I don't really get the profits myself)
And thats great. However - its not the case for businesses who actually manufacture and produce items in this country, which is where most of the outsourcing is occurring.
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And thats great. However - its not the case for businesses who actually manufacture and produce items in this country, which is where most of the outsourcing is occurring.
I'm saying we are the small business. No, we are not the machine shop, but we are the small business either way.
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If they hold their ground and refuse to raise the debt ceiling, Obama is completely powerless to act. I really hope they call Obama's bluff and force him to make tough choices. I literally think he would resign before making cuts.
They've had a big impact. They are part of the reason the Obama/liberal spending train has been slowed.
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If you make 19K a year, do you really think you should have to pay 50% of it to the government.
The reality is that the truly wealthy, can afford it.... Is it "Fair" in the sense of equal payout... perhaps not, but it is "fair" when it comes to being able to survive.
How is it fair to expect a person who brings home 10K a year after taxes to be able to survive like someone who brings home 250,000?
It's not the government's job to redistribute wealth. A person making 10k/year has chosen that lifestyle. Each individual has to accept responsibility for their own welfare. A truly fair tax system does not discriminate based on wealth, ie flat tax or sales tax.
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A truly fair tax system does not discriminate based on wealth, ie flat tax or sales tax.
have there been any examples of truly fair tax systems in modern times?
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It's not the government's job to redistribute wealth. A person making 10k/year has chosen that lifestyle. Each individual has to accept responsibility for their own welfare. A truly fair tax system does not discriminate based on wealth, ie flat tax or sales tax.
I agree.
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have there been any examples of truly fair tax systems in modern times?
You could argue that our sales tax system is fair. It does not discriminate based on income.
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You could argue that our sales tax system is fair. It does not discriminate based on income.
correct. BUT if you bumped that to 15 or 20% and removed all income taxes, you would see sales PLUMMET.
Rich people aren't going to buy 100 yachts with their new money. But poor people (already spending 100% of their income) will buy far less. Rich people will suffer as stock in every company in America drops.
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correct. BUT if you bumped that to 15 or 20% and removed all income taxes, you would see sales PLUMMET.
Rich people aren't going to buy 100 yachts with their new money. But poor people (already spending 100% of their income) will buy far less. Rich people will suffer as stock in every company in America drops.
Is a 10% federal sales tax going to discourage a wealthy person from buying a yacht? Perhaps, but I would argue that freeing him/her up from all the other taxes would put them in a position to spend.
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sure, i agree. Where should the spending decreases come from? what do you think is in the best interest of the majority of americans, people like you, unless you are making over 250,000. seriously what areas would you cut?
Personally, I would make severe cuts across the board and eliminate whole entities like the Dept of Education. Everyone has their preference of where to spend, but the real issue is spending within our means (balanced budget). The Dems will favor entitlements, the Repubs will favor defense, but just spend within a balanced budget.
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Is a 10% federal sales tax going to discourage a wealthy person from buying a yacht? Perhaps, but I would argue that freeing him/her up from all the other taxes would put them in a position to spend.
how much more will they really spend? I mean, we're talking about 1/4 of the nation spending 15 or 15% LESS - FROM NOW ON.
That's huge. Are the wealthy - who already have a shitload of money in stocks and properties - going to suddenly cover their arms with bling and purchase 15 new BMWs, because their annual income just went from 2.2 million to 2.8 million? Probably not.
but you can know with certainty that the bottom quarter of americans - who already put 100% of their income right back into the GDP - will stop doing so.
if it was beneficial, the rich would have gotten their way by now on it. They know what happens when 80 million Joe SixPacks only have $75 to spend at walmart each week instead of $90.
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It's not the government's job to redistribute wealth. A person making 10k/year has chosen that lifestyle. Each individual has to accept responsibility for their own welfare. A truly fair tax system does not discriminate based on wealth, ie flat tax or sales tax.
So every poor person is poor because of what they choose.
Gotcha.
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So every poor person is poor because of what they choose.
Gotcha.
We all have choices, poor people tend to make bad choices.
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So every poor person is poor because of what they choose.
Gotcha.
Probably because they made poor life decisions, but that is their personal responsibility. I fail to see what good all these "entitlement' programs have done, other than buy votes for politicians.
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A national sales tax is the way to go. That way every asshole has skin in the game and can determine how much they pay in taxes. A flat tax was almost accomplished before....and then was subsequently obliterated by two decades of Democrats chipping away at it...leaving us with the 16,000 page abomination we have today.
It says a lot about this country when a group that wants to uphold the constitution is labeled "extremist". ::)
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A national sales tax is the way to go. That way every asshole has skin in the game and can determine how much they pay in taxes. A flat tax was almost accomplished before....and then was subsequently obliterated by two decades of Democrats chipping away at it...leaving us with the 16,000 page abomination we have today.
It says a lot about this country when a group that wants to uphold the constitution is labeled "extremist". ::)
Thats because if DC was actually forced to follow the constitution they would be fucked
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Thats because if DC was actually forced to follow the constitution they would be fucked
Sad, isn't it?
I personally couldn't care less about their religious views (which isn't a consensus among the Tea Party anyway). Their economic stance is all that matters. They're the only ones who would actually not like to see this country driven off the economic cliff the regime in the WH has us headed for.
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A national sales tax is the way to go. That way every asshole has skin in the game and can determine how much they pay in taxes. A flat tax was almost accomplished before....and then was subsequently obliterated by two decades of Democrats chipping away at it...leaving us with the 16,000 page abomination we have today.
It says a lot about this country when a group that wants to uphold the constitution is labeled "extremist". ::)
I agree with the Tea Party about most of their fiscal beliefs in general, it is unfortunate that they have some of the more godly kooks speaking for them.
Surely there are better role models in the party?
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I agree with the Tea Party about most of their fiscal beliefs in general, it is unfortunate that they have some of the more godly kooks speaking for them.
Surely there are better role models in the party?
Ron Paul
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Ron Paul
If RP gets the nomination i think both left and-rightwing media will start attacking him. No way Wall Street wants this guy in office
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Do you bite your tongue as you're typing these pro-tea party posts, Blacken? Fuck off.
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Ron Paul
I agree, but yet all of the media seems to hate the guy... I just don't get it.
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I agree, but yet all of the media seems to hate the guy... I just don't get it.
Because he is anti-status quo, can't fuck with business as usual
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he outlined several times, decreased spending with increased revenue by closing tax benefits to the rich.
if obama is bad it doesnt make the tea party good, this is a logical fallacy, they are not the default like you want people to believe.
I don't really like the Tea Party people minus the Ron Paul types. I do like what the Tea Party is trying to do, (or what they're suppose to be trying to do).
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At least someone is trying to stop the spending spree.
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LOL at ppl complaining about fairness when 50% of the population pays no income tax...this is like being for Affirmative action...arguing for discrimination by using discrimination...::)
a Value Added Tax is the fairest way, 180 you feel these ppl are going to spend less?
your idiot ass already thinks they spend 100% of their income so what makes you feel they will change their spending habits?
you guys want to continue taxing the shit out of ppl and then wonder why they move operations to countries with LOWER COSTS???
fuking seriously?
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LOL at ppl complaining about fairness when 50% of the population pays no income tax...
Ain't that the truth. That whole "balancing the budget on the backs of the poor or middle class" is pretty tired. And false.
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Ain't that the truth. That whole "balancing the budget on the backs of the poor or middle class" is pretty tired. And false.
It's more lies and bs from that vile thug Obama.
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Does anyone else think that this necrophiliac fagg is really "The Luke" posting as a gimmick?
How anyone with an ounce of intelligence or intellectual honesty could support the liberal agenda under these circumstances is beyond all comprehension.
I guess the "fairness" and "social justice" agenda needs to be taken to the root of the problem--> MATH
Since the beginning of time and every single day across the world, numbers don't add up to amounts that everyone would like. The solution is simple. Abolish math. No more inequalities among our fellow citizens. No more bank accounts. No more numbers period. This will abolish class distinctions and permanently balance the budget. Also, no more test scores, salaries, business transactions or greed! The utopia we have always dreamed of will come true!
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A flat tax was almost accomplished before....and then was subsequently obliterated by two decades of Democrats chipping away at it
When?
Bush did whatever he wanted in office. If the repubs had wanted a flat tax, they would have gotten it. bush was incredibly effective at getting his way.
Rich people talk about it, middle class loves it... but the truth is, consumption would plummet.
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When?
Bush did whatever he wanted in office. If the repubs had wanted a flat tax, they would have gotten it. bush was incredibly effective at getting his way.
Rich people talk about it, middle class loves it... but the truth is, consumption would plummet.
Really?
Is that why when Bush pushed for entitlement reform on numerous occasions ( most recently in 07') he was squashed flatly?
How about the push to reform Fanny and Freddie?
You do realize that the GOP lost Congress while Bush was in office right?
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do you actually support this nutty group? the are christian fundamentalist that literally believe in the bible for the majority. They believe noah lived to 600, that eve came from adams rib and that the world in only 6000 years old. Being so polarized is not good, they are unwilling to negotiate and have absolutes which are unfair to the middle class. Obama has agreed to making cuts, where do you get your info, he is willing to compromise, it is the other side that will not budge. The tax hikes will not effect the middle class as proposed, only the ultra rich like obama who has stated he can afford to help much more. What is wrong with your mind? are you so brainwashed that logic no longer sways you?
If Obama can afford to pay more, WHY DOESN'T HE (or any other "tax and spend", "pay your fair share" liberal) GO AHEAD AND DO SO? Is "Turbo Tax Timmy" not accepting checks or something?
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When?
Bush did whatever he wanted in office. If the repubs had wanted a flat tax, they would have gotten it. bush was incredibly effective at getting his way.
Rich people talk about it, middle class loves it... but the truth is, consumption would plummet.
why do you feel the consumption would plummet 240?
youve already said that they poor spend 100% of their income and the rich dont spend much...
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why do you feel the consumption would plummet 240?
youve already said that they poor spend 100% of their income and the rich dont spend much...
We want consumption to go down. we need more production, not consumption.
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When?
Bush did whatever he wanted in office. If the repubs had wanted a flat tax, they would have gotten it. bush was incredibly effective at getting his way.
Rich people talk about it, middle class loves it... but the truth is, consumption would plummet.
Reagan brought it the closest its been. Did you miss that along with the rest of your classes in MBA school?
Good point about Bush, by the way. Just like the Dems did whatever they wanted in office the last 2 years. Instead of doing things like extending the debt ceiling and passing amnesty (anything that they knew the public would come down on them for), they chose to not pass budgets and just spend this country into insolvency.
Good thing they have double-digit IQ morons like you to still support them.
How much did that French Fry U. MBA run you?