Obama Tax Trigger: Punishing TaxPayers w/ Automatic TaxHikes when Gov Overspends

» Obama’s Tax Increase Trigger: Punishing Taxpayers with Automatic Tax Hikes When Politicians Overspend - Big Government

Typical liberalism. They never take responsibility for their actions. They want EVERYONE ELSE to take reasponsiblity for their actions.

Obama's solution for Washington's out of control spending? WE ALL SUFFER!

Remember this!

2012 is coming!

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I think i'd like Iraq, Lybia & Afghanistan , Isreal, Pallestine, and every other F'd up country we're pouring $$$$$$$$$$$$$$$$$'s into to take personal responsibility for thier actions, and leave us outta it....

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I was so depressed last night thinking about the economy, wars, jobs, my savings, Social Security, retirement funds, etc., I called the Suicide Hotline. I got a call center in Pakistan , and when I told them I was suicidal, they got all excited, and asked if I could drive a truck...

Weird how Reagan raised taxes many times, but when Obama does it something in the universe switches gears and presto chango a new attitude materializes? Or could it simply be there is no substance to the tax whiners? Latter methinks.

Newsflash: Ronald Reagan Raised Taxes (You Idiots) | Firedoglake

"It’s conservative [and libertarian] lore that Reagan the icon cut taxes, while George H.W. Bush the renegade raised them. As Stockman recalls, "No one was authorized to talk about tax increases on Ronald Reagan’s watch, no matter what kind of tax, no matter how justified it was." Yet raising taxes is exactly what Reagan did. He did not always instigate those hikes or agree to them willingly–but he signed off on them. One year after his massive tax cut, Reagan agreed to a tax increase to reduce the deficit that restored fully one-third of the previous year’s reduction. (In a bizarre bit of self-deception, Reagan, who never came to terms with this episode of ideological apostasy, persuaded himself that the three-year, $100 billion tax hike–the largest since World War II–was actually "tax reform" that closed loopholes in his earlier cut and therefore didn’t count as raising taxes.)"


""Reagan was coming from this very simple proposition: If you lower the tax rate, then more people will work, there will be more income in the economy and everyone's lives would be better. Despite a 25 percent income tax cut, by 1982 Reagan faced a deepening recession, mounting unemployment and homelessness.""
Ken Duberstein, Reagan Chief of Staff

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Right wing intelligence on display here: http://www.usmessageboard.com/the-fl...st7235230.html

Observations from an old crank who happens to have lived long enough - to have done lots - to know just a bit about what is good about what is.

"Where freedom is real, equality is the passion of the masses. Where equality is real, freedom is the passion of a small minority." Eric Hoffer

What does that have to do with Obama raising our taxes every time THEY over spend?

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This seems to be the excuse barrier that liberals hide behind when confronted with the insane policies of Obama . . . . BUT BUSH . . . BUT REAGAN . . .

Shall we examine how much we owed to China under Reagan as compared to Obama or how much we WILL OWE if we keep going under the policies of Obama???????

I don't think you want to go there.

Nice try.

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Gee, you libs didn't even try hard to excuse Obama on this.

What's a matter, ran out of creative lies for Obama, or is this class warfare just too obvious to cover up?

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[quote=teapartysamurai;3531148]Don't you really mean "Typical politicians"? Everyone with an IQ over 45 knows they never take responsibility for their actions (no matter which side of the wall they're currently bouncing on). And they always want [not EVERYONE ELSE] but the American taxpayer to pay the tab for that obvious failure.

And considering the number of people I know who have no spending to control, I'd say we're already suffering. And it has absolutely nothing to do with Obama or any solution he may have.

But what I'd really like to know is who in or out of government thinks running this quasi-empire and all that goes along with that doesn't cost one hell of a lot of money. Since the government was not created to be an income producing entity, exactly where do the morons (in or out of Washington, D.C.) believe that money comes from?

Ignorance is certainly not bliss in this regard. But on this subject the American people for the most part are blissfully ignorant. As usual most believe the standard being rolled out by the Conservatives - who by the way are almost solely responsible for the debt we're facing today. And their only answer is to rob the people who have paid the most into the system (Senior citizens) to keep the rich in monogrammed hankies.

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» Alexander Hamilton started the U.S. Treasury with nothing, and that was the closest our country has ever been to being even.
— Will Rogers


Res ipsa loquitor
— Need I say more!

Your point is the we owed LESS to China, and STILL raised taxes, as a cut on someone?

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[FREE STREAM] GT's music:

www.soundcloud.com/geniustracks

I think this is a wonderful Idea because now the Left is going to have to defend why peoples tax's are going to with regard to the budget. How many increases by the left do you think there will be before the American people revolt and utterly crush the agenda of these clowns

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These are possibly the 5 best sentences you'll ever read:

1. You cannot legislate the poor into prosperity, by legislating the wealth out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it.

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work, because somebody else is going to get what they work for, this is the beginning of the end of any nation.

I heard him say they'll be forced to make deepers cuts as a result of his fail safe. Who's got a link to this actual policy? I don't want to get mad until I see it en' script.

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[FREE STREAM] GT's music:

www.soundcloud.com/geniustracks

You miss the fact most of the current debt was caused by Reagan and the Bushs. Reagan spent billions on a system that doesn't work till this day. Bush Jr invaded a country for the hell of it. And Obama inherited that mess. Tarp was under Bush, as was the S&L bailout under Reagan/Bush. You need a bit of education before opening mouth inserting foot. These may help.

U.S. Federal Deficits, Presidents, and Congress
Government - Historical Debt Outstanding – Annual
The True Federal Deficit

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Right wing intelligence on display here: http://www.usmessageboard.com/the-fl...st7235230.html

Observations from an old crank who happens to have lived long enough - to have done lots - to know just a bit about what is good about what is.

"Where freedom is real, equality is the passion of the masses. Where equality is real, freedom is the passion of a small minority." Eric Hoffer

Automatic tax hikes when government overspends. How isn't this a retarded idea?

Hey, how about I get an automatic pay raise every time I overspend?

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United we stand, divided we fall.