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Getbig Main Boards => Politics and Political Issues Board => Topic started by: blacken700 on October 03, 2011, 11:38:43 AM
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reagan,you dam socialist commie ;D
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reagan,you dam socialist commie ;D
Not sure what the point of this was? I'm pretty sure that no-one on this board is against preserving pointless loopholes and shelters in the tax code.
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The issue now for me is what are we doing with the money as it is and why should anyone send more if they are just going to piss it away on Solyndras, Fast n Furious, ball washing, billions for pakistan and other crazy shit like that?
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Years before President Obama's call for millionaires to pay the same tax rate as middle-class earners -- a principle he's dubbed the Buffett rule -- another president made the same argument.
Conservative icon Ronald Reagan.
Think Progress, a liberal blog, released an online video Monday juxtaposing comments by then-President Reagan about some wealthy people not paying their "fair share" with Obama's recent statements along the same lines. Obama's proposal is named after billionaire investor Warren Buffett, who has argued that "extraordinary tax breaks" allow him to pay a lower rate than anybody in his office.
The group noted the irony of Obama being slammed by Republicans as inciting class warfare for an idea that Reagan championed when pushing for the 1986 overhaul of the tax code.
In a 1985 speech at an Atlanta high school, Reagan complained about tax loopholes for the wealthy.
"We’re going to close the unproductive tax loopholes that have allowed some of the truly wealthy to avoid paying their fair share," Reagan said. "In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying 10% of his salary, and that’s crazy."
Reagan then asked the crowd, "Do you think the millionaire ought to pay more in taxes than the bus driver or less?" The crowd roared "More!" in response, causing Reagan to flash a broad smile.
Comments like that led the liberal Center for American Progress, which is affiliated with Think Progress, to declare Reagan the true "father of the Buffett rule." They also cited another 1985 speech by Reagan in which he conjured up the same image of secretaries paying less than their bosses that Buffett has used to argue that taxes should be raised on the very wealthy.
Reagan told an Illinois crowd about a letter he received from a business executive "earning in six figures."
"He wrote me in support of the tax plan because he said, 'I am legally able to take advantage of the present tax code -- nothing dishonest, doing what the law prescribes -- and wind up paying ... a smaller tax than my secretary pays.' '' Reagan said.
http://latimesblogs.latimes.com/money_co/2011/10/ronald-reagan-warren-buffet-rule-president-obama.html
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The issue is trust. no one trusts obama with more money. He will just piss it away on other green fantasies.
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TRust?
There's good reason not to trust with anything involving the president.
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So why havent Obama done this? Because Wall Street owns him
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reagan,you dam socialist commie ;D
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name a provision of the IRC that you have a problem with.
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Not sure what the point of this was? I'm pretty sure that no-one on this board is against preserving pointless loopholes and shelters in the tax code.
Nope.
Republicans hate blacks, love Jesus, and love loopholes even more. That's literally the only three topics they care about.
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Nope.
Republicans hate blacks, love Jesus, and love loopholes even more. That's literally the only three topics they care about.
which loopholes? let's discuss the provision/provisions you have a problem with.
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which loopholes? let's discuss the provision/provisions you have a problem with.
Yes. Let's do.
Why is there an "are you rich? If so, please move to the 'you don't have to pay any taxes' section of your form" question on my tax forms?
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Yes. Let's do.
Why is there an "are you rich? If so, please move to the 'you don't have to pay any taxes' section of your form" question on my tax forms?
this is the problem with liberal media. kids like you actually believe that the rich don't pay taxes.
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this is the problem with liberal media. kids like you actually believe that the rich don't pay taxes.
The problem with conservatives is they're too stupid to tell when another conservative is making a joke about how dumb liberals are.
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In some ways i did like Reagan.
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The problem with conservatives is they're too stupid to tell when another conservative is making a joke about how dumb liberals are.
lol. oops.
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lol. oops.
Lol
The good thing about conservatives is they aren't full of themselves and can take a joke!