GOP to jobless: Drop dead

Wah wah wah!

More class warfare nonsense from Flaylo.

The problem facing the U.S. is a moribund economy which is not creating jobs. Punishing those who do create jobs is not a solution (unless your goal is to tank the economy even further).
 
No matter how much the profit is...it belongs to the companies not Government.

Are you saying the cost of running the country does't belong to everyone which there is only one way to provide that, through taxing.

well I'm not for wars, so you pay for them. I'm not for prisons either, you take care of that one. and I don't do much traveling so you take that one on also, roads, airports and schools are yours also. I'm sure there are other things.

makes ya wonder how they did it before taxes.....

how about no income tax and a national sales tax...pay as you go.....or every dollar you make the goverment gets 20% no questions asked....

they can spend that and no more...

you know kind of how the rest of us live...
 
What business do you own? If you spent more time running it and less time on here you would have made our own difference.

The truth is that 2/3's of the business that are started each year are NON employee companies. They are set up to change income to a differnt source determination, not create jobs but cut taxes and relieve them of liability.
and most of them last 2 years or less.

got a link to your claim...

my 100 person architectural firm does just fine thank you....
 
Wah wah wah!

More class warfare nonsense from Flaylo.

The problem facing the U.S. is a moribund economy which is not creating jobs. Punishing those who do create jobs is not a solution (unless your goal is to tank the economy even further).

It's what Obama and the Statists have in mind. Whittle us down and make things so hopeless until we cry uncle...It's what Statists do...make a friggin' mess until we will fall for anything.

They got cocky...arrogant...they have their answer from the people...and they didn't expect it...and the lunacy will continue just witness this thread, and quite a few others from the residents Statists here at USMB that don't get it either.

They're making excuses...in denial...trying to disparage what really happened. Let them. It's great entertainment to watch thier glue melt.

FAILO is a prime example.
 
Very few of those businesses earn more than $250,000 in profit

What the hell does that have to do with anything? Tax rates are based on individual's incomes, not how much profit a business makes.

You obviously never had to file self-employment income. Many business filed as self employment and their income is based on revenue minus costs: The remaining is profit and income and subject to tax.

The Tax cuts will do nothing to stimulate the economy. The rich will not invest more than they already do. And it isn't going to force rich people to invest in companies they don't like or want. And they didn't get rich because they spend the money. They save it, doing absolutely nothing to the economy. NOTHING.

The tax cuts will also add to the debt.

So does practically nothing for the economy plus adds to the deficit. Not good policy.
 
Steven Pearlstein - GOP to jobless: Drop dead

"If you want a serious discussion about changing the structure or mandate of the fire department, the time to have it is not when the entire squad is out fighting a three-alarm blaze. That's exactly the situation with the Federal Reserve and the debate over the dual mandate. Only two weeks after the midterm election, it seems clear that the 2012 campaign has begun. For too many Republicans, the aim is to politicize policy, trash the institutions of government and intimidate anyone who might disagree with their radical ideology.

There's no better proof of that than the so-called debate over extending the Bush tax cuts on incomes above $250,000. Unable to defend more tax cuts for the rich, Republicans like to pretend that their real concern is for job creation, citing the fact that about half of all business profits now flow through partnerships and small corporations that are taxed at personal rates.

But look more closely at the argument and it turns out to be "largely bogus," according to Eric Toder, a former Treasury and IRS official who now works at the nonpartisan Tax Policy Center. Very few of those businesses earn more than $250,000 in profit, and those that do tend to be very successful hedge funds and law firms that are flush with cash and unlikely to be dissuaded from hiring extra employees or make new investments because of a 4 percentage-point change in the marginal tax. Because most hiring and investment can be done with pre-tax dollars, Toder said, the tax rate is largely irrelevant to those decisions.


That's the micro view. The macro view, from the forecasting firm Macroeconomic Advisers of St. Louis, is that not extending tax cuts for high-income households would reduce gross domestic product growth by - drumroll here - two-tenths of one percent in each of the next two years. And the difference in the unemployment rate? A whopping one tenth of one percent!

These inconvenient truths, however, are simply ignored by Republicans, who would have us all believe that extending upper-income tax cuts is the most crucial economic issue we face - not just this year but for all time
."



The Democrats shouldn't compromise shat and make the Repugs prove unequivocally that tax cuts for the richest should be extended. I'm sick and tired of righwting asshats trying to brainwash Americans into believing that trickle down shat works despite abundance of evidence to the contrary, facking bought-off SOBs.

It is not the constitutional role of the federal government to provide jobs to people, regardless of what political party the employees of the federal government may belong to.
 
Very few of those businesses earn more than $250,000 in profit

What the hell does that have to do with anything? Tax rates are based on individual's incomes, not how much profit a business makes.

You obviously never had to file self-employment income. Many business filed as self employment and their income is based on revenue minus costs: The remaining is profit and income and subject to tax.

The Tax cuts will do nothing to stimulate the economy. The rich will not invest more than they already do. And it isn't going to force rich people to invest in companies they don't like or want. And they didn't get rich because they spend the money. They save it, doing absolutely nothing to the economy. NOTHING.

The tax cuts will also add to the debt.

So does practically nothing for the economy plus adds to the deficit. Not good policy.

$700B over ten years.

$70B a year, on a budget of $2T, for the upper income tax cuts? If we can't find that little to cut, we're screwed.
 

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