? For liberals: If taxes go up on rich, how will you feel about consequences?

[Bfgrn]

Soooooooooooooooo....the boss is keeping you on because his annual payment to the government is 3% lower than it was a decade ago?

Maybe,maybe not,but do you want to bet your job on the fact that the Boss will now have to pay more in taxes then before....This on top of a lousy Obama economy...I wouldn't...

Any boss that hires or fires based on his annual personal income tax, and not on supply, demand and sound business factors, is a moron. Maybe if you Monica Lewinsky's suck the dick of the rich harder and faster something will trickle down....your fucking CHIN...

 

[Rozman]

Soooooooooooooooo....the boss is keeping you on because his annual payment to the government is 3% lower than it was a decade ago?

Maybe,maybe not,but do you want to bet your job on the fact that the Boss will now have to pay more in taxes then before....This on top of a lousy Obama economy...I wouldn't...

Any boss that hires or fires based on his annual personal income tax, and not on supply, demand and sound business factors, is a moron. Maybe if you Monica Lewinsky's suck the dick of the rich harder and faster something will trickle down....your fucking CHIN...

You seem to have an obsession with oral sex on a man.....! does this reflect on that special relationship you had with your Dad?.....

 

[Bfgrn]

Soooooooooooooooo....the boss is keeping you on because his annual payment to the government is 3% lower than it was a decade ago?

Maybe,maybe not,but do you want to bet your job on the fact that the Boss will now have to pay more in taxes then before....This on top of a lousy Obama economy...I wouldn't...

Any boss that hires or fires based on his annual personal income tax, and not on supply, demand and sound business factors, is a moron. Maybe if you Monica Lewinsky's suck the dick of the rich harder and faster something will trickle down....your fucking CHIN...

You seem to have an obsession with oral sex on a man.....! does this reflect on that special relationship you had with your Dad?.....

Nice try, but you fail. The only being I worship is God...not any man or woman, no matter how rich he or she is.

 

[daveman]

In Bernanke's Q&A this morning, he was asked a question about what caused the Great Depression. He broke the answer into two parts for the phase beginning in 1929 and the one in 1937. Tight money played a role in both. For the second, he specifically mentioned that increased taxes contributed to sending the country back into a recession, which, but for the U.S. entering WWII in 1941, may have continued.

Raising taxes right now will just chill the economy further. It's insanity if you care about the millions of people who are out of work.

The left doesn't. All they care about is Big Government.

 

[NYcarbineer]

In Bernanke's Q&A this morning, he was asked a question about what caused the Great Depression. He broke the answer into two parts for the phase beginning in 1929 and the one in 1937. Tight money played a role in both. For the second, he specifically mentioned that increased taxes contributed to sending the country back into a recession, which, but for the U.S. entering WWII in 1941, may have continued.

Raising taxes right now will just chill the economy further. It's insanity if you care about the millions of people who are out of work.

Reagan raised taxes during the 82 recession.

And btw, the second recession in the 1930's ended in 1938.

 

[NYcarbineer]

So, in summary:

Taxes are going up, but nobody's raising taxes. Bush sucks!

That pretty much cover it?

Close, but no... I would not blame it all on Bush, Regan screwed things up just as bad.

Still can't wrap my head around the "taxes are going up, bot nobody's raising them" thing.

The Bush tax legislation is raising the taxes in 2011. So no, it's not 'nobody'; it's Bush and the Republicans.

 

[maineman]

Close, but no... I would not blame it all on Bush, Regan screwed things up just as bad.

Still can't wrap my head around the "taxes are going up, bot nobody's raising them" thing.

The Bush tax legislation is raising the taxes in 2011. So no, it's not 'nobody'; it's Bush and the Republicans.

EXACTLY! Republicans wanna BLAME someone for taxes going up in 2011, they should be grown up enough to KNOW that the blame belongs squarely on those who wrote the automatic ten year repeal clause into the original legislation.

 

[asterism]

Soooooooooooooooo....the boss is keeping you on because his annual payment to the government is 3% lower than it was a decade ago?

Maybe,maybe not,but do you want to bet your job on the fact that the Boss will now have to pay more in taxes then before....This on top of a lousy Obama economy...I wouldn't...

Any boss that hires or fires based on his annual personal income tax, and not on supply, demand and sound business factors, is a moron. Maybe if you Monica Lewinsky's suck the dick of the rich harder and faster something will trickle down....your fucking CHIN...

Do you think cost and expected profit margins are factors? I do.

 

[Bfgrn]

Soooooooooooooooo....the boss is keeping you on because his annual payment to the government is 3% lower than it was a decade ago?

Maybe,maybe not,but do you want to bet your job on the fact that the Boss will now have to pay more in taxes then before....This on top of a lousy Obama economy...I wouldn't...

Any boss that hires or fires based on his annual personal income tax, and not on supply, demand and sound business factors, is a moron. Maybe if you Monica Lewinsky's suck the dick of the rich harder and faster something will trickle down....your fucking CHIN...

Do you think cost and expected profit margins are factors? I do.

We've had 30+ years of 'Trickle down' economics and a decade of Bush's tax cuts...WHERE are all the jobs???

Real Time Economics
Economic insight and analysis from The Wall Street Journal.

January 9, 2009, 12:04 PM ET

Bush On Jobs: The Worst Track Record On Record

President George W. Bush entered office in 2001 just as a recession was starting, and is preparing to leave in the middle of a long one. That’s almost 22 months of recession during his 96 months in office.

His job-creation record won’t look much better. The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under President Bill Clinton’s administration and only slightly better than President George H.W. Bush did in his four years in office.

Here’s a look at job creation under each president since the Labor Department started keeping payroll records in 1939. The counts are based on total payrolls between the start of the month the president took office (using the final payroll count for the end of the prior December) and his final December in office.

Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ

 

[asterism]

Any boss that hires or fires based on his annual personal income tax, and not on supply, demand and sound business factors, is a moron. Maybe if you Monica Lewinsky's suck the dick of the rich harder and faster something will trickle down....your fucking CHIN...

Do you think cost and expected profit margins are factors? I do.

We've had 30+ years of 'Trickle down' economics and a decade of Bush's tax cuts...WHERE are all the jobs???

Real Time Economics
Economic insight and analysis from The Wall Street Journal.

January 9, 2009, 12:04 PM ET

Bush On Jobs: The Worst Track Record On Record

President George W. Bush entered office in 2001 just as a recession was starting, and is preparing to leave in the middle of a long one. That’s almost 22 months of recession during his 96 months in office.

His job-creation record won’t look much better. The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under President Bill Clinton’s administration and only slightly better than President George H.W. Bush did in his four years in office.

Here’s a look at job creation under each president since the Labor Department started keeping payroll records in 1939. The counts are based on total payrolls between the start of the month the president took office (using the final payroll count for the end of the prior December) and his final December in office.

Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ

That is a non-answer, but it's an interesting tangent.

When did the jobs disappear and who was in charge of government spending?

 

[AHILLS205]

Those corporate employers are out to git ya, so are all those small business owners.................

We need the govt to create or "save" federal, state, and public union jobs............
For the public good !!!!!

With a quota for green jobs, race preferences, sexual orientation and whatever other "diverse" groups bureaucrats decide will be rewarded...........

 

[Bfgrn]

Do you think cost and expected profit margins are factors? I do.

We've had 30+ years of 'Trickle down' economics and a decade of Bush's tax cuts...WHERE are all the jobs???

Real Time Economics
Economic insight and analysis from The Wall Street Journal.

January 9, 2009, 12:04 PM ET

Bush On Jobs: The Worst Track Record On Record

President George W. Bush entered office in 2001 just as a recession was starting, and is preparing to leave in the middle of a long one. That’s almost 22 months of recession during his 96 months in office.

His job-creation record won’t look much better. The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under President Bill Clinton’s administration and only slightly better than President George H.W. Bush did in his four years in office.

Here’s a look at job creation under each president since the Labor Department started keeping payroll records in 1939. The counts are based on total payrolls between the start of the month the president took office (using the final payroll count for the end of the prior December) and his final December in office.

Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ

That is a non-answer, but it's an interesting tangent.

When did the jobs disappear and who was in charge of government spending?

It is not a 'non-answer'... Bush's tax cuts were in place throughout his presidency. IF tax cuts actually DID create jobs, WHERE are they? The Bush tax cuts due to expire would return the tax rate to the Clinton era, when the MOST jobs were created.

Keep in mind, when you look at all the other administrations on that chart...EVERY one of them had HIGHER tax rates for the wealthy...in some cases more than DOUBLE Bush's tax rates...

 

[NYcarbineer]

What's funny is, if the top bracket cuts are allowed to expire at the end of this year, and 2011 sees an improving economy, lower unemployment, and a lower deficit, which in all likelihood it will,

the wingnuts will just make up one more preposterous story that will explain it all away.

You watch.

 

[daveman]

Still can't wrap my head around the "taxes are going up, bot nobody's raising them" thing.

The Bush tax legislation is raising the taxes in 2011. So no, it's not 'nobody'; it's Bush and the Republicans.

EXACTLY! Republicans wanna BLAME someone for taxes going up in 2011, they should be grown up enough to KNOW that the blame belongs squarely on those who wrote the automatic ten year repeal clause into the original legislation.

And what in the legislation prevents the current Congress from extending it?

Oh, yeah. Nothing.

 

[maineman]

what is equally funny is the way republicans on here are running away from the FACT that the expiration of the ill advised Bush tax cuts were planned and written directly into the legislation by republicans. Why can't they just man up and accept responsibility for that?

 

[daveman]

what is equally funny is the way republicans on here are running away from the FACT that the expiration of the ill advised Bush tax cuts were planned and written directly into the legislation by republicans. Why can't they just man up and accept responsibility for that?

You're saying they should have foreseen the economy circling the bowl the way it is now?

 

[maineman]

The Bush tax legislation is raising the taxes in 2011. So no, it's not 'nobody'; it's Bush and the Republicans.

EXACTLY! Republicans wanna BLAME someone for taxes going up in 2011, they should be grown up enough to KNOW that the blame belongs squarely on those who wrote the automatic ten year repeal clause into the original legislation.

And what in the legislation prevents the current Congress from extending it?

Oh, yeah. Nothing.

nothing? how about because to do so would be fiscally irresponsible... and the republicans who initially PLANNED those tax cuts to end in a decade knew that.

daveygirl.... you really need to pull your head out of your ass and accept responsibility for what your party put into law.

 

[maineman]

what is equally funny is the way republicans on here are running away from the FACT that the expiration of the ill advised Bush tax cuts were planned and written directly into the legislation by republicans. Why can't they just man up and accept responsibility for that?

You're saying they should have foreseen the economy circling the bowl the way it is now?

yeah... that is why they used reconciliation to pass those idiotic tax cuts... becasue they KNEW they were unsustainable given the deficit projections. moron.

 

[chikenwing]

Not one word about spending cuts,trying to blame a tax cut for everyone as a bad thing that has crippled the economy is just well fucking stupid!!

Both parties are to blame for our deficits,the massive entitlement programs put forth years ago make up a large portion of that. we can't tax our way out,we must cut spending.

 

[chikenwing]

And this place is a major waste of time

see ya