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No...what's disgusting is that BOTH SIDES need to stop...and people won't stop pointing fingers at each other.
Cut spending AND raise taxes. We all voted in the bums (or failed to vote out the bums) who did this...so we all own it.
BOTH!!! BOTH need to be done. Get that through your skull.
Then let's institute a VAT tax that can only be used to pay down the debt as part of a balanced budget amendment to make sure nothing is added to the debt.
When the debt is paid, the VAT sunsets.
Everybody pays a share.
http://www.usmessageboard.com/politics/139425-ok-i-have-a-plan-to-reduce-the-deficit.html
If we simply raise taxes, the politicians will just spend it.
Not "earnings" but WAGES of people making over $250,000. The truly wealthy's "earnings" are not wages, they are capital assets which remain untaxed increasing in value like an unlimited IRA until they are sold, and even then taxed at a lower rate than wages.The Government could confiscate 100% of the earnings of people who make 250,000 and above and that STILL would get them through the end of the year.This poll shows the same results as a number of recent polls and all people can do is disparage the poll? Increasing taxes for millionaires is what people want. Why is that so difficult to understand?
Raising taxes isn't the solution. Cutting Government spending is. Why is that so difficult to understand?
No...what's disgusting is that BOTH SIDES need to stop...and people won't stop pointing fingers at each other.
Cut spending AND raise taxes. We all voted in the bums (or failed to vote out the bums) who did this...so we all own it.
BOTH!!! BOTH need to be done. Get that through your skull.
Then let's institute a VAT tax that can only be used to pay down the debt as part of a balanced budget amendment to make sure nothing is added to the debt.
When the debt is paid, the VAT sunsets.
Everybody pays a share.
http://www.usmessageboard.com/politics/139425-ok-i-have-a-plan-to-reduce-the-deficit.html
If we simply raise taxes, the politicians will just spend it.
Show me a tax hike that HAS EVER SUNSETTED???
You are MORE THAN NIAVE if you believe that would EVER happen.
Besides VAT would be a HUGE BURDEN on this economy. It would not only kill jobs (as it has in Europe) but reduce revenues to the government (because of the loss of jobs).
Bad idea all around.
Exactly how do we "exercise" on a budget?
We can either diet only (cut spending)
We can exercise only (raise taxes)
Or we can diet and exercise (cut spending & raise taxes) to fix our problem that much faster and more efficiently.
Exercising is raising taxes?????????
Helloooooooooooooo! The analogy to dieting would be raising taxes is EATING MORE!
Exercising would be USING WHAT YOU ATE TO EXPEND ENERGY.
The proper analogy to a budget would be spending the money MORE EFFICIENTLY.
THERE IS NO JUSTIFIABLE REASON TO RAISE TAXES if you cut spending. The ONLY reason is if liberals are LYING ABOUT CUTTING SPENDING, and are simply hoping to fool voters.
So you claim you are going to cut spending, raise the taxes, and then go right on with the obama spending spree. The very spree he has been on since 2009.
And now we are supposed to believe Obama wants to cut spending?
ROFL!
This poll shows the same results as a number of recent polls and all people can do is disparage the poll? Increasing taxes for millionaires is what people want. Why is that so difficult to understand?
good then do it, and when "the people" want to come after YOUR ALL'S earnings, I say GO FOR IT.
What don't these idiots get about the economy?
We are at high unemployment and the answer is to go after the very people that produce jobs?
Oh, great idea! (extreme sarcasm alert)
If the government took every last time the "millionaires" made, they wouldn't run this government for a week!
The government borrows more than they take in! You can't TAX your way out of that!
The ONLY SOLUTION is to CUT SPENDING!
But liberals are so INVESTED in buying votes with their socialism, they will try to sell tax hikes at any cost. DESPITE THE FACT IT WON'T WORK.
As long as they think it will buy enough votes for the next election, they don't care if we go the way of Europe, especially Greece.
It's disgusting!
Who is going after "ALL" of anyone's earnings? When, in our history, have we ever gone to war and NOT raised taxes? Can you find an instance? Have fun looking, but I'll save you some time. It hasn't happened...until now. We are currently engaged on TWO FRONTS in wars that are not paid for. We cannot keep up this pace and NOT raise taxes. Our deficits are LARGELY the result of two wars and the Bush tax cuts. If you are serious about decreasing the debt and deficit of our country, then raising taxes has to be part of the conversation (as well as cutting military spending).
These "wars" are not comparable.
They only eat up about 3% of the budget whereas WWII took up 50%
Also what is sense of raising taxes on those who already get around paying the full amount?
Better to do what Ryan and Obama's own commission, which he ignored, suggested.
Cut rates across the board and remove the loopholes.
Wouldn't it be better to have 100% of 28% than 50% of 38%? Or 0 of 38% in the case of the large corporations.
And the numbers bear out what you are saying:
US Federal Deficit As Percent Of GDP
2001 -1.25
2002 1.48
2003 3.39
2004 3.48
2005 2.52
2006 1.85
2007 1.14
2008 3.18
2009 9.91
2010 10.64
US Federal Deficit as percent of GDP - Charts Tables History
fullscreen
Entitlement Spending Chart in United States 1996-2016 - Federal State Local
Fact of the matter is, we spend FAR more on socialism than we EVER did on military spending. Don't try to tell that to a liberal. They are convinced the "military industrial complex" is our big problem. Facts will not permeate their non minds.
What's the best way to get in shape and lose weight? Do you Diet? Or do you exercise? Doing either by itself could get you the results you desire in time with a lot of effort but doing both together is the fastest, most efficient way of reaching your goal.
Our budget and the deficit are no different.
Who is going after "ALL" of anyone's earnings? When, in our history, have we ever gone to war and NOT raised taxes? Can you find an instance? Have fun looking, but I'll save you some time. It hasn't happened...until now. We are currently engaged on TWO FRONTS in wars that are not paid for. We cannot keep up this pace and NOT raise taxes. Our deficits are LARGELY the result of two wars and the Bush tax cuts. If you are serious about decreasing the debt and deficit of our country, then raising taxes has to be part of the conversation (as well as cutting military spending).
These "wars" are not comparable.
They only eat up about 3% of the budget whereas WWII took up 50%
Also what is sense of raising taxes on those who already get around paying the full amount?
Better to do what Ryan and Obama's own commission, which he ignored, suggested.
Cut rates across the board and remove the loopholes.
Wouldn't it be better to have 100% of 28% than 50% of 38%? Or 0 of 38% in the case of the large corporations.
The problem is that once you get rid of the deductions, the powers that be will try to keep the rate as close to the old one as possible. The tax the rich crowd will scream bloody murder at the deduction removal, as it would have to be all of them, including the popular local tax and mortgage deductions, as well as the medical expenses deductions.
What's the best way to get in shape and lose weight? Do you Diet? Or do you exercise? Doing either by itself could get you the results you desire in time with a lot of effort but doing both together is the fastest, most efficient way of reaching your goal.
Our budget and the deficit are no different.
The fastest way to lose weight if you had to pick 1 single way is diet... The fact that you claim to exercise = tax hikes but seem to be clueless to the fact that it would NOT help almost at all is somewhat amazing. The tax hikes won't even cover 1% of the problem.
What's the best way to get in shape and lose weight? Do you Diet? Or do you exercise? Doing either by itself could get you the results you desire in time with a lot of effort but doing both together is the fastest, most efficient way of reaching your goal.
Our budget and the deficit are no different.
The fastest way to lose weight if you had to pick 1 single way is diet... The fact that you claim to exercise = tax hikes but seem to be clueless to the fact that it would NOT help almost at all is somewhat amazing. The tax hikes won't even cover 1% of the problem.
Well if you read what I said, I said we should be doing both and I'm not asking to pick either or. I am advocating doing both.
Not "earnings" but WAGES of people making over $250,000. The truly wealthy's "earnings" are not wages, they are capital assets which remain untaxed increasing in value like an unlimited IRA until they are sold, and even then taxed at a lower rate than wages.The Government could confiscate 100% of the earnings of people who make 250,000 and above and that STILL would get them through the end of the year.This poll shows the same results as a number of recent polls and all people can do is disparage the poll? Increasing taxes for millionaires is what people want. Why is that so difficult to understand?
Raising taxes isn't the solution. Cutting Government spending is. Why is that so difficult to understand?
In this Capitalistic system, those capital assets should be taxed just like wages. The total wealth of all Americans is $56.8 trillion. A small wealth surtax along with careful spending cuts of waste and fraud would cover the yearly deficit and also pay down the national debt over time.
Then let's institute a VAT tax that can only be used to pay down the debt as part of a balanced budget amendment to make sure nothing is added to the debt.
When the debt is paid, the VAT sunsets.
Everybody pays a share.
http://www.usmessageboard.com/politics/139425-ok-i-have-a-plan-to-reduce-the-deficit.html
If we simply raise taxes, the politicians will just spend it.
Show me a tax hike that HAS EVER SUNSETTED???
You are MORE THAN NIAVE if you believe that would EVER happen.
Besides VAT would be a HUGE BURDEN on this economy. It would not only kill jobs (as it has in Europe) but reduce revenues to the government (because of the loss of jobs).
Bad idea all around.
You would have to make it part of a balanced budget amendment.
Otherwise I agree with you, the government would find a way to continue it in perpetuity.
The amendment would need to stipulate the sunset and forbid VAT taxes for any other purpose than paying the debt.
I would vehemently oppose any other form of VAT than the one I've outlined.
We can either diet only (cut spending)
We can exercise only (raise taxes)
Or we can diet and exercise (cut spending & raise taxes) to fix our problem that much faster and more efficiently.
Exercising is raising taxes?????????
Helloooooooooooooo! The analogy to dieting would be raising taxes is EATING MORE!
Exercising would be USING WHAT YOU ATE TO EXPEND ENERGY.
The proper analogy to a budget would be spending the money MORE EFFICIENTLY.
THERE IS NO JUSTIFIABLE REASON TO RAISE TAXES if you cut spending. The ONLY reason is if liberals are LYING ABOUT CUTTING SPENDING, and are simply hoping to fool voters.
So you claim you are going to cut spending, raise the taxes, and then go right on with the obama spending spree. The very spree he has been on since 2009.
And now we are supposed to believe Obama wants to cut spending?
ROFL!
Ok I can see that you are taking this analogy way too literally. Maybe it's the fact that we're talking about exercise which is probably a foreign concept to you and that's what is throwing you off.
Let me simplify it for you.
The best way to solve this issue is to attack it from two fronts. Not one. If we can increase money coming in (taxes) and reduce money going out (spending) we will fix the problem faster then doing either one of those options by itself.
Exercising is raising taxes?????????
Helloooooooooooooo! The analogy to dieting would be raising taxes is EATING MORE!
Exercising would be USING WHAT YOU ATE TO EXPEND ENERGY.
The proper analogy to a budget would be spending the money MORE EFFICIENTLY.
THERE IS NO JUSTIFIABLE REASON TO RAISE TAXES if you cut spending. The ONLY reason is if liberals are LYING ABOUT CUTTING SPENDING, and are simply hoping to fool voters.
So you claim you are going to cut spending, raise the taxes, and then go right on with the obama spending spree. The very spree he has been on since 2009.
And now we are supposed to believe Obama wants to cut spending?
ROFL!
Ok I can see that you are taking this analogy way too literally. Maybe it's the fact that we're talking about exercise which is probably a foreign concept to you and that's what is throwing you off.
Let me simplify it for you.
The best way to solve this issue is to attack it from two fronts. Not one. If we can increase money coming in (taxes) and reduce money going out (spending) we will fix the problem faster then doing either one of those options by itself.
Well, I can see this is the talking points that have gone out from the Obama camp.
Say you guys are for spending cuts as long as Obama gets his tax hike.
I'M NOT BUYING IT.
I know damn well, as soon as Obama gets the tax hike, he won't cut spending on anything BUT THE MILITARY (as Clinton did in the 90s).
I guess you think this is going to fool everybody, but I know it's BS.
I have NEVER seen a liberal that ever cut a dime of spending from the government, except military spending.
The problem with that being, every time we cut the military, something like Pearl Harbor or 9/11 happens and then we have to spend tons to catch up. It never works out.
good then do it, and when "the people" want to come after YOUR ALL'S earnings, I say GO FOR IT.
What don't these idiots get about the economy?
We are at high unemployment and the answer is to go after the very people that produce jobs?
Oh, great idea! (extreme sarcasm alert)
If the government took every last time the "millionaires" made, they wouldn't run this government for a week!
The government borrows more than they take in! You can't TAX your way out of that!
The ONLY SOLUTION is to CUT SPENDING!
But liberals are so INVESTED in buying votes with their socialism, they will try to sell tax hikes at any cost. DESPITE THE FACT IT WON'T WORK.
As long as they think it will buy enough votes for the next election, they don't care if we go the way of Europe, especially Greece.
It's disgusting!
typical republican response, it's all about making a few filthy rich and then they will produce jobs! How stupid are you, we have been cutting taxes ever since Clinton and what has happened beside the rich get to keep more and enjoy more and the rest of us go without and that includes jobs. The only thing we get is a higher deficit thanks to the rich.
Just how much do we have to give the rich before they might create a JOB dumb ass, like the amount of cash the rich get to keep has anything to do with JOBS. Jobs are due to demand dumb ass, and if there is demand there will be a need. but putting money in the hands of the rich only does one thing, give them the money to pay for the people they have working for them and not use their own money.
I wonder what creates demand, giving a million people 75,000 that they don't spend or giving 100 million people that same amount to use in their daily lifes? 750 dollars being spent by families or 75,000 being saved by a few.
These "wars" are not comparable.
They only eat up about 3% of the budget whereas WWII took up 50%
Also what is sense of raising taxes on those who already get around paying the full amount?
Better to do what Ryan and Obama's own commission, which he ignored, suggested.
Cut rates across the board and remove the loopholes.
Wouldn't it be better to have 100% of 28% than 50% of 38%? Or 0 of 38% in the case of the large corporations.
And the numbers bear out what you are saying:
US Federal Deficit As Percent Of GDP
2001 -1.25
2002 1.48
2003 3.39
2004 3.48
2005 2.52
2006 1.85
2007 1.14
2008 3.18
2009 9.91
2010 10.64
US Federal Deficit as percent of GDP - Charts Tables History
fullscreen
Fact of the matter is, we spend FAR more on socialism than we EVER did on military spending. Don't try to tell that to a liberal. They are convinced the "military industrial complex" is our big problem. Facts will not permeate their non minds.
the true problem is we are trying to pay our bills with far less people working thanks to the greed of the rich over the last 10 years. Their thieves and they are greedy, and now we are paying the price for it. the 30 million people put out of work because of their greed is the problem and 1 million Mac and Don's type jobs isn't getting it done. The rich caused this through their greed and their going after profits at any cost and yes they should be the ones who make up the difference.
If you notice our GNP hasn't went down since we put 30 million people out of work, the only difference is the top (wealthy) have taken more profit out of the system that used to go to wages and benefits for workers.
This problem was caused by GREED and theft by the rich, no two ways around it.
Ok I can see that you are taking this analogy way too literally. Maybe it's the fact that we're talking about exercise which is probably a foreign concept to you and that's what is throwing you off.
Let me simplify it for you.
The best way to solve this issue is to attack it from two fronts. Not one. If we can increase money coming in (taxes) and reduce money going out (spending) we will fix the problem faster then doing either one of those options by itself.
Well, I can see this is the talking points that have gone out from the Obama camp.
Say you guys are for spending cuts as long as Obama gets his tax hike.
I'M NOT BUYING IT.
I know damn well, as soon as Obama gets the tax hike, he won't cut spending on anything BUT THE MILITARY (as Clinton did in the 90s).
I guess you think this is going to fool everybody, but I know it's BS.
I have NEVER seen a liberal that ever cut a dime of spending from the government, except military spending.
The problem with that being, every time we cut the military, something like Pearl Harbor or 9/11 happens and then we have to spend tons to catch up. It never works out.
Oh I got it, more of the "I know what will happen if..." type arguments. Got it.
A national McClatchy-Marist poll shows a 64% to 33% spread in favor of increasing taxes on incomes above $250,000 instead of slashing Medicare and Medicaid.
"At the same time, they say that the government should not raise the legal debt ceiling, which the government must do soon to borrow more money, despite warnings that failing to do so would force the government into default, credit markets into turmoil and the economy into a tailspin."
"By 69-24 percent, voters oppose raising the legal ceiling for debt. That includes Democrats, who oppose it by 53-36 percent, independents, who oppose it by 74-22 percent, and Republicans, who oppose it by 79-16 percent."
Views on cutting defense spending are more mixed. While voters oppose cuts to Medicare and Medicaid by 80-18 percent only 44% support cutting the Pentagon with 54% opposed.
"Other findings:
* Only 44 percent of voters approve of Obama's job performance, while 49 percent disapprove. That was down from 48 percent approval in January, and marked the 17th straight month that his approval has been below 50 percent;
* Only 34 percent of voters approve, and 61 percent disapprove, of the way he's handling the budget deficit, projected to total about $1.6 trillion this year;
* Only 30 percent approve of the way Republicans in Congress are doing their job, while 63 percent disapprove."
Poll: Best Way to Fight Deficits: Raise Taxes on the Rich | Common Dreams
