Economics 101

[Indeependent]

And the rich got richer and Black Monday.
Nice try, though.

Yeah...."Black Monday". By Tuesday everything was fine. When FDR over saw his "Black Monday" it lasted over a decade thanks to ignorant liberal socialism. And not only did he force people to live in near perpetual poverty, he also shredded the U.S. Constitution in the process. Yeah libtard policy!

The Conservative vision that caused the Great Depression was the same Conservative vision that caused Black Monday, and no, everything WASN'T fine by Tuesday, as major firms converged, people were laid off and work hours were in excess of 100 per week.
Supply Side Economics has always been the Wet Dream of Republicans...Cheap Labor and No Benefits.
Under Reagan, thanks to technology, it accelerated, and manufacturing began it's long, torturous journey away from the US.
The Bi-Partisan Economy we have today did NOT start in a vacuum, it started with Reagan.

The Conservative vision that caused the Great Depression was the same Conservative vision that caused Black Monday,

They had portfolio insurance and program trading in the 1920s?
That is a very, very ignorant explanation of the reasons for the Great Republican Depression of 2008. But a typical con tool response, straight out of bat shit crazy con web sites. Of the many reasons for that those are but a small part.

That is a very, very ignorant explanation of the reasons for the Great Republican Depression of 2008.

Black Monday was October 19, 1987.

Derp.

Tell that to Milton...it's HIS video.

 

[Toddsterpatriot]

Yeah...."Black Monday". By Tuesday everything was fine. When FDR over saw his "Black Monday" it lasted over a decade thanks to ignorant liberal socialism. And not only did he force people to live in near perpetual poverty, he also shredded the U.S. Constitution in the process. Yeah libtard policy!

The Conservative vision that caused the Great Depression was the same Conservative vision that caused Black Monday, and no, everything WASN'T fine by Tuesday, as major firms converged, people were laid off and work hours were in excess of 100 per week.
Supply Side Economics has always been the Wet Dream of Republicans...Cheap Labor and No Benefits.
Under Reagan, thanks to technology, it accelerated, and manufacturing began it's long, torturous journey away from the US.
The Bi-Partisan Economy we have today did NOT start in a vacuum, it started with Reagan.

The Conservative vision that caused the Great Depression was the same Conservative vision that caused Black Monday,

They had portfolio insurance and program trading in the 1920s?
That is a very, very ignorant explanation of the reasons for the Great Republican Depression of 2008. But a typical con tool response, straight out of bat shit crazy con web sites. Of the many reasons for that those are but a small part.

That is a very, very ignorant explanation of the reasons for the Great Republican Depression of 2008.

Black Monday was October 19, 1987.

Derp.

Tell that to Milton...it's HIS video.

What do I need to tell Milton? How does that help whatever silly claim you're making?

 

[Indeependent]

The Conservative vision that caused the Great Depression was the same Conservative vision that caused Black Monday, and no, everything WASN'T fine by Tuesday, as major firms converged, people were laid off and work hours were in excess of 100 per week.
Supply Side Economics has always been the Wet Dream of Republicans...Cheap Labor and No Benefits.
Under Reagan, thanks to technology, it accelerated, and manufacturing began it's long, torturous journey away from the US.
The Bi-Partisan Economy we have today did NOT start in a vacuum, it started with Reagan.

The Conservative vision that caused the Great Depression was the same Conservative vision that caused Black Monday,

They had portfolio insurance and program trading in the 1920s?
That is a very, very ignorant explanation of the reasons for the Great Republican Depression of 2008. But a typical con tool response, straight out of bat shit crazy con web sites. Of the many reasons for that those are but a small part.

That is a very, very ignorant explanation of the reasons for the Great Republican Depression of 2008.

Black Monday was October 19, 1987.

Derp.

Tell that to Milton...it's HIS video.

What do I need to tell Milton? How does that help whatever silly claim you're making?

I quoted his video and you remarked on the sillieness of the quote.
Watch the video on YouTube.

 

[Toddsterpatriot]

The Conservative vision that caused the Great Depression was the same Conservative vision that caused Black Monday,

They had portfolio insurance and program trading in the 1920s?
That is a very, very ignorant explanation of the reasons for the Great Republican Depression of 2008. But a typical con tool response, straight out of bat shit crazy con web sites. Of the many reasons for that those are but a small part.

That is a very, very ignorant explanation of the reasons for the Great Republican Depression of 2008.

Black Monday was October 19, 1987.

Derp.

Tell that to Milton...it's HIS video.

What do I need to tell Milton? How does that help whatever silly claim you're making?

I quoted his video and you remarked on the sillieness of the quote.
Watch the video on YouTube.

It's a long thread.
Which post did you quote Milton?

 

[P@triot]

I quoted his video and you remarked on the sillieness of the quote. Watch the video on YouTube.

Your avatar pretty much eliminates any and all credibility you might have had. Why is Bill Gates an "a$$shole"? Because he created a product that millions needed and wanted? Because he was successful? Because he - gasp! - made money? Oh the horrors! In your sick socialist mind, what should people aspire to be? Unemployed? Homeless?

 

[edthecynic]

Obama didn't raise taxes at first.....GDP languished.

Yup, he should have cut taxes.

Finally he let most of the Bush tax cuts expire and GDP grew.

Nope, after he raised taxes, GDP still languished.

Obama DID cut taxes, TWICE, and you just admitted that GDP "languished."

 

[Toddsterpatriot]

Obama didn't raise taxes at first.....GDP languished.

Yup, he should have cut taxes.

Finally he let most of the Bush tax cuts expire and GDP grew.

Nope, after he raised taxes, GDP still languished.

Obama DID cut taxes, TWICE, and you just admitted that GDP "languished."

Obama DID cut taxes, TWICE,

Tax rates are higher than when he took office.
Which taxes do you think he cut?

and you just admitted that GDP "languished."

Weakest recovery ever!

 

[P@triot]

Obama didn't raise taxes at first.....GDP languished.

Yup, he should have cut taxes.

Finally he let most of the Bush tax cuts expire and GDP grew.

Nope, after he raised taxes, GDP still languished.

Obama DID cut taxes, TWICE, and you just admitted that GDP "languished."

What planet do you live on? Nobody knows how to quite ignore reality like you to Eddy boy.....

Full List of Obama Tax Hikes

1. A 156 percent increase in the federal excise tax on tobacco: On February 4, 2009, just sixteen days into his Administration, Obama signed into law a 156 percent increase in the federal excise tax on tobacco, a hike of 61 cents per pack. The median income of smokers is just over $36,000 per year.

2. Obamacare Individual Mandate Excise Tax (takes effect in Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance – as defined by Obama-appointed HHS bureaucrats -- must pay an income surtax according to the higher of the following:


1 Adult

2 Adults

3+ Adults

2014

1% AGI/$95

1% AGI/$190

1% AGI/$285

2015

2% AGI/$325

2% AGI/$650

2% AGI/$975

2016 +

2.5% AGI/$695

2.5% AGI/$1390

2.5% AGI/$2085


The Congressional Budget Office recently estimated that six million American families will be liable for the tax, and as Americans for Tax Reform has pointed out, 100 percent of Americans filing a tax return (140 million filers) will be forced to submit paperwork to the IRS showing they had “qualifying” health insurance for every month of the tax year. Bill: PPACA; Page: 317-337)

3. Obamacare Employer Mandate Tax (takes effect Jan. 2014): If an employer does not offer health coverage, and at least one employee qualifies for a health tax credit, the employer must pay an additional non-deductible tax of $2000 for all full-time employees. Applies to all employers with 50 or more employees. If any employee actually receives coverage through the exchange, the penalty on the employer for that employee rises to $3000. If the employer requires a waiting period to enroll in coverage of 30-60 days, there is a $400 tax per employee ($600 if the period is 60 days or longer). Bill: PPACA; Page: 345-346

Combined score of individual and employer mandate tax penalty: $65 billion/10 years

4. Obamacare Surtax on Investment Income (Tax hike of $123 billion/takes effect Jan. 2013): Creation of a new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single). This would result in the following top tax rates on investment income: Bill: Reconciliation Act; Page: 87-93

Capital Gains

Dividends

Other*

2011-2012

15%

15%

35%

2013+ (current law)

23.8%

43.4%

43.4%

2013+ (Obama budget)

23.8%

23.8%

43.4%


*Other unearned income includes (for surtax purposes) gross income from interest, annuities, royalties, net rents, and passive income in partnerships and Subchapter-S corporations. It does not include municipal bond interest or life insurance proceeds, since those do not add to gross income. It does not include active trade or business income, fair market value sales of ownership in pass-through entities, or distributions from retirement plans. The 3.8% surtax does not apply to non-resident aliens.

5. Obamacare Excise Tax on Comprehensive Health Insurance Plans (Tax hike of $32 bil/takes effect Jan. 2018): Starting in 2018, new 40 percent excise tax on “Cadillac” health insurance plans ($10,200 single/$27,500 family). Higher threshold ($11,500 single/$29,450 family) for early retirees and high-risk professions. CPI +1 percentage point indexed. Bill: PPACA; Page: 1,941-1,956

6. Obamacare Hike in Medicare Payroll Tax (Tax hike of $86.8 bil/takes effect Jan. 2013): Current law and changes:

First $200,000
($250,000 Married)
Employer/Employee

All Remaining Wages
Employer/Employee

Current Law

1.45%/1.45%
2.9% self-employed

1.45%/1.45%
2.9% self-employed

Obamacare Tax Hike

1.45%/1.45%
2.9% self-employed

1.45%/2.35%
3.8% self-employed


Bill: PPACA, Reconciliation Act; Page: 2000-2003; 87-93

7. Obamacare Medicine Cabinet Tax (Tax hike of $5 bil/took effect Jan. 2011): Americans are no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin). Bill: PPACA; Page: 1,957-1,959

8. Obamacare HSA Withdrawal Tax Hike (Tax hike of $1.4 bil/took effect Jan. 2011): Increases additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent. Bill: PPACA; Page: 1,959

9. Obamacare Flexible Spending Account Cap – aka “Special Needs Kids Tax” (Tax hike of $13 bil/takes effect Jan. 2013): Imposes cap on FSAs of $2500 (currently unlimited). Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. Bill: PPACA; Page: 2,388-2,389

10. Obamacare Tax on Medical Device Manufacturers (Tax hike of $20 bil/takes effect Jan. 2013): Medical device manufacturers 409,000 people in 12,000 plants across the country. This law imposes a new 2.3 percent excise tax on total sales, even if the respective company does not earn a profit. Exempts items retailing for <$100. Bill: PPACA; Page: 1,980-1,986

11. Obamacare "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI (Tax hike of $15.2 bil/takes effect Jan. 2013): Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only. Bill: PPACA; Page: 1,994-1,995

12. Obamacare Tax on Indoor Tanning Services (Tax hike of $2.7 billion/took effect July 2010): New 10 percent excise tax on Americans using indoor tanning salons. Making matters worse: According to a Treasury Inspector General for Tax Administration report, the Obama IRS didn’t bother to issue compliance guidelines until three quarterly filing deadlines had passed: “By the time [IRS] notices were issued, tanning excise tax returns had been due for three quarters." Bill: PPACA; Page: 2,397-2,399

13. Obamacare elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D (Tax hike of $4.5 bil/takes effect Jan. 2013) Bill: PPACA; Page: 1,994

14. Obamacare Blue Cross/Blue Shield Tax Hike (Tax hike of $0.4 bil/took effect Jan. 1 2010): The special tax deduction in current law for Blue Cross/Blue Shield companies would only be allowed if 85 percent or more of premium revenues are spent on clinical services. Bill: PPACA; Page: 2,004

15. Obamacare Excise Tax on Charitable Hospitals (Min$/took effect immediately): $50,000 per hospital if they fail to meet new "community health assessment needs," "financial assistance," and "billing and collection" rules set by Obama-appointed HHS bureaucrats. Bill: PPACA; Page: 1,961-1,971

16. Obamacare Tax on Innovator Drug Companies (Tax hike of $22.2 bil/took effect Jan. 2010): $2.3 billion annual tax on the industry imposed relative to share of sales made that year. Bill: PPACA; Page: 1,971-1,980

17. Obamacare Tax on Health Insurers (Tax hike of $60.1 bil/takes effect Jan. 2014): Annual tax on the industry imposed relative to health insurance premiums collected that year. Phases in gradually until 2018. Fully-imposed on firms with $50 million in profits. Bill: PPACA; Page: 1,986-1,993

18. Obamacare $500,000 Annual Executive Compensation Limit for Health Insurance Executives (Tax hike of $0.6 bil/takes effect Jan 2013). Bill: PPACA; Page: 1,995-2,000

19. Obamacare Employer Reporting of Insurance on W-2 ($min/takes effect Jan. 2012): Preamble to taxing health benefits on individual tax returns. Bill: PPACA; Page: 1,957

20. Obamacare “Black liquor” tax hike (Tax hike of $23.6 billion/took effect immediately). This is a tax increase on a type of bio-fuel. Bill: Reconciliation Act; Page: 105

21. Obamacare Codification of the “economic substance doctrine” (Tax hike of $4.5 billion/took effect immediately). This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed. Bill: Reconciliation Act; Page: 108-113

Full List of Obama Tax Hikes | Americans for Tax Reform

 

[Indeependent]

The iPhone doesn't display the Post.
Go to YouTube and search for Milton Friedman Great Depression.

 

[Rshermr]

Obama didn't raise taxes at first.....GDP languished.

Yup, he should have cut taxes.

Finally he let most of the Bush tax cuts expire and GDP grew.

Nope, after he raised taxes, GDP still languished.

Obama DID cut taxes, TWICE, and you just admitted that GDP "languished."

Obama DID cut taxes, TWICE,

Tax rates are higher than when he took office.
Which taxes do you think he cut?

and you just admitted that GDP "languished."

Weakest recovery ever!

Because republicans voted agains every single effort by the presidents economic team to pass bills to help the problem of unemployment and slow growth. Because, me boy, they LIKED it.
So, todd, perhaps you can actually suggest what republicans did to help the situation. Instead of just throwing rocks and posting conservative talking points. You know, what they did to reverse the rush toward a new great republican depression in 2008 and early 2009 as we were loosing over 500,000 jobs per month. And the workers of this nation were suffering. Did any republican congressmen care?
Did YOU?
What bills did republicans bring forward to help the recovery?
Can you name them????????

 

[edthecynic]

Obama didn't raise taxes at first.....GDP languished.

Yup, he should have cut taxes.

Finally he let most of the Bush tax cuts expire and GDP grew.

Nope, after he raised taxes, GDP still languished.

Obama DID cut taxes, TWICE, and you just admitted that GDP "languished."

Obama DID cut taxes, TWICE,

Tax rates are higher than when he took office.
Which taxes do you think he cut?

and you just admitted that GDP "languished."

Weakest recovery ever!

The stimulus was 1/3 tax cuts and he cut payroll taxes resulting, according to no less an authority than YOU, in GDP "languishing."

 

[Indeependent]

I quoted his video and you remarked on the sillieness of the quote. Watch the video on YouTube.

Your avatar pretty much eliminates any and all credibility you might have had. Why is Bill Gates an "a$$shole"? Because he created a product that millions needed and wanted? Because he was successful? Because he - gasp! - made money? Oh the horrors! In your sick socialist mind, what should people aspire to be? Unemployed? Homeless?

Because he started the trend of testifying before Congress that all Americans, including yourself don't have the skill-set required by Corporate America.

 

[Toddsterpatriot]

The iPhone doesn't display the Post.
Go to YouTube and search for Milton Friedman Great Depression.

What was your claim about the video?
How did I mock what Friedman said?

If you find your post, let me know.
If I had to guess, you said something inaccurate and I mocked you.

 

[Uncensored2008]

Which has led to how many Stock Markets crashes?
Too many.

Zero is too many?

Ignorance, thy name is democrat.

 

[Rshermr]

Obama didn't raise taxes at first.....GDP languished.

Yup, he should have cut taxes.

Finally he let most of the Bush tax cuts expire and GDP grew.

Nope, after he raised taxes, GDP still languished.

Obama DID cut taxes, TWICE, and you just admitted that GDP "languished."

What planet do you live on? Nobody knows how to quite ignore reality like you to Eddy boy.....

Full List of Obama Tax Hikes

1. A 156 percent increase in the federal excise tax on tobacco: On February 4, 2009, just sixteen days into his Administration, Obama signed into law a 156 percent increase in the federal excise tax on tobacco, a hike of 61 cents per pack. The median income of smokers is just over $36,000 per year.

2. Obamacare Individual Mandate Excise Tax (takes effect in Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance – as defined by Obama-appointed HHS bureaucrats -- must pay an income surtax according to the higher of the following:


1 Adult

2 Adults

3+ Adults

2014

1% AGI/$95

1% AGI/$190

1% AGI/$285

2015

2% AGI/$325

2% AGI/$650

2% AGI/$975

2016 +

2.5% AGI/$695

2.5% AGI/$1390

2.5% AGI/$2085


The Congressional Budget Office recently estimated that six million American families will be liable for the tax, and as Americans for Tax Reform has pointed out, 100 percent of Americans filing a tax return (140 million filers) will be forced to submit paperwork to the IRS showing they had “qualifying” health insurance for every month of the tax year. Bill: PPACA; Page: 317-337)

3. Obamacare Employer Mandate Tax (takes effect Jan. 2014): If an employer does not offer health coverage, and at least one employee qualifies for a health tax credit, the employer must pay an additional non-deductible tax of $2000 for all full-time employees. Applies to all employers with 50 or more employees. If any employee actually receives coverage through the exchange, the penalty on the employer for that employee rises to $3000. If the employer requires a waiting period to enroll in coverage of 30-60 days, there is a $400 tax per employee ($600 if the period is 60 days or longer). Bill: PPACA; Page: 345-346

Combined score of individual and employer mandate tax penalty: $65 billion/10 years

4. Obamacare Surtax on Investment Income (Tax hike of $123 billion/takes effect Jan. 2013): Creation of a new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single). This would result in the following top tax rates on investment income: Bill: Reconciliation Act; Page: 87-93

Capital Gains

Dividends

Other*

2011-2012

15%

15%

35%

2013+ (current law)

23.8%

43.4%

43.4%

2013+ (Obama budget)

23.8%

23.8%

43.4%


*Other unearned income includes (for surtax purposes) gross income from interest, annuities, royalties, net rents, and passive income in partnerships and Subchapter-S corporations. It does not include municipal bond interest or life insurance proceeds, since those do not add to gross income. It does not include active trade or business income, fair market value sales of ownership in pass-through entities, or distributions from retirement plans. The 3.8% surtax does not apply to non-resident aliens.

5. Obamacare Excise Tax on Comprehensive Health Insurance Plans (Tax hike of $32 bil/takes effect Jan. 2018): Starting in 2018, new 40 percent excise tax on “Cadillac” health insurance plans ($10,200 single/$27,500 family). Higher threshold ($11,500 single/$29,450 family) for early retirees and high-risk professions. CPI +1 percentage point indexed. Bill: PPACA; Page: 1,941-1,956

6. Obamacare Hike in Medicare Payroll Tax (Tax hike of $86.8 bil/takes effect Jan. 2013): Current law and changes:

First $200,000
($250,000 Married)
Employer/Employee

All Remaining Wages
Employer/Employee

Current Law

1.45%/1.45%
2.9% self-employed

1.45%/1.45%
2.9% self-employed

Obamacare Tax Hike

1.45%/1.45%
2.9% self-employed

1.45%/2.35%
3.8% self-employed


Bill: PPACA, Reconciliation Act; Page: 2000-2003; 87-93

7. Obamacare Medicine Cabinet Tax (Tax hike of $5 bil/took effect Jan. 2011): Americans are no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin). Bill: PPACA; Page: 1,957-1,959

8. Obamacare HSA Withdrawal Tax Hike (Tax hike of $1.4 bil/took effect Jan. 2011): Increases additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent. Bill: PPACA; Page: 1,959

9. Obamacare Flexible Spending Account Cap – aka “Special Needs Kids Tax” (Tax hike of $13 bil/takes effect Jan. 2013): Imposes cap on FSAs of $2500 (currently unlimited). Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. Bill: PPACA; Page: 2,388-2,389

10. Obamacare Tax on Medical Device Manufacturers (Tax hike of $20 bil/takes effect Jan. 2013): Medical device manufacturers 409,000 people in 12,000 plants across the country. This law imposes a new 2.3 percent excise tax on total sales, even if the respective company does not earn a profit. Exempts items retailing for <$100. Bill: PPACA; Page: 1,980-1,986

11. Obamacare "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI (Tax hike of $15.2 bil/takes effect Jan. 2013): Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only. Bill: PPACA; Page: 1,994-1,995

12. Obamacare Tax on Indoor Tanning Services (Tax hike of $2.7 billion/took effect July 2010): New 10 percent excise tax on Americans using indoor tanning salons. Making matters worse: According to a Treasury Inspector General for Tax Administration report, the Obama IRS didn’t bother to issue compliance guidelines until three quarterly filing deadlines had passed: “By the time [IRS] notices were issued, tanning excise tax returns had been due for three quarters." Bill: PPACA; Page: 2,397-2,399

13. Obamacare elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D (Tax hike of $4.5 bil/takes effect Jan. 2013) Bill: PPACA; Page: 1,994

14. Obamacare Blue Cross/Blue Shield Tax Hike (Tax hike of $0.4 bil/took effect Jan. 1 2010): The special tax deduction in current law for Blue Cross/Blue Shield companies would only be allowed if 85 percent or more of premium revenues are spent on clinical services. Bill: PPACA; Page: 2,004

15. Obamacare Excise Tax on Charitable Hospitals (Min$/took effect immediately): $50,000 per hospital if they fail to meet new "community health assessment needs," "financial assistance," and "billing and collection" rules set by Obama-appointed HHS bureaucrats. Bill: PPACA; Page: 1,961-1,971

16. Obamacare Tax on Innovator Drug Companies (Tax hike of $22.2 bil/took effect Jan. 2010): $2.3 billion annual tax on the industry imposed relative to share of sales made that year. Bill: PPACA; Page: 1,971-1,980

17. Obamacare Tax on Health Insurers (Tax hike of $60.1 bil/takes effect Jan. 2014): Annual tax on the industry imposed relative to health insurance premiums collected that year. Phases in gradually until 2018. Fully-imposed on firms with $50 million in profits. Bill: PPACA; Page: 1,986-1,993

18. Obamacare $500,000 Annual Executive Compensation Limit for Health Insurance Executives (Tax hike of $0.6 bil/takes effect Jan 2013). Bill: PPACA; Page: 1,995-2,000

19. Obamacare Employer Reporting of Insurance on W-2 ($min/takes effect Jan. 2012): Preamble to taxing health benefits on individual tax returns. Bill: PPACA; Page: 1,957

20. Obamacare “Black liquor” tax hike (Tax hike of $23.6 billion/took effect immediately). This is a tax increase on a type of bio-fuel. Bill: Reconciliation Act; Page: 105

21. Obamacare Codification of the “economic substance doctrine” (Tax hike of $4.5 billion/took effect immediately). This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed. Bill: Reconciliation Act; Page: 108-113

Full List of Obama Tax Hikes | Americans for Tax Reform

Nice post of a conservative and completely partial source's talking points. Do you ever use impartial sources? Like thinking people do? Of course not. Because, obviously, you are a con tool. Which means you only post con talking points.
I am sure it is congenital, me boy. not your fault.

 

[P@triot]

I quoted his video and you remarked on the sillieness of the quote. Watch the video on YouTube.

Your avatar pretty much eliminates any and all credibility you might have had. Why is Bill Gates an "a$$shole"? Because he created a product that millions needed and wanted? Because he was successful? Because he - gasp! - made money? Oh the horrors! In your sick socialist mind, what should people aspire to be? Unemployed? Homeless?

Because he started the trend of testifying before Congress that all Americans, including yourself don't have the skill-set required by Corporate America.

Now that is hilarious. You advocate that government take over the private sector and then you act appalled when government brings the private sector in to testify about something they have no business being involved in.

 

[Toddsterpatriot]

Obama didn't raise taxes at first.....GDP languished.

Yup, he should have cut taxes.

Finally he let most of the Bush tax cuts expire and GDP grew.

Nope, after he raised taxes, GDP still languished.

Obama DID cut taxes, TWICE, and you just admitted that GDP "languished."

Obama DID cut taxes, TWICE,

Tax rates are higher than when he took office.
Which taxes do you think he cut?

and you just admitted that GDP "languished."

Weakest recovery ever!

The stimulus was 1/3 tax cuts and he cut payroll taxes resulting, according to no less an authority than YOU, in GDP "languishing."

Yeah, temporary tax cuts don't stimulate very well, as I've said before.
For tax cuts to work, people have to think they're permanent.

Yep, weakest recovery ever. At least he stopped the rise of the oceans.

 

[Rshermr]

Which has led to how many Stock Markets crashes?
Too many.

Zero is too many?

Ignorance, thy name is democrat.

If you really want to see ignorance, try a mirror.

 

[Indeependent]

The iPhone doesn't display the Post.
Go to YouTube and search for Milton Friedman Great Depression.

What was your claim about the video?
How did I mock what Friedman said?

If you find your post, let me know.
If I had to guess, you said something inaccurate and I mocked you.

I pointed out a video from Milton Friedman that didn't mesh with your viewpoint and you mocked it; not much of an aberration in your behavior.
Now stop bullshitting and watch the video for yourself.

 

[Indeependent]

I quoted his video and you remarked on the sillieness of the quote. Watch the video on YouTube.

Your avatar pretty much eliminates any and all credibility you might have had. Why is Bill Gates an "a$$shole"? Because he created a product that millions needed and wanted? Because he was successful? Because he - gasp! - made money? Oh the horrors! In your sick socialist mind, what should people aspire to be? Unemployed? Homeless?

Because he started the trend of testifying before Congress that all Americans, including yourself don't have the skill-set required by Corporate America.

Now that is hilarious. You advocate that government take over the private sector and then you act appalled when government brings the private sector in to testify about something they have no business being involved in.

WTF?
Are you capable of any intelligent thought?