How is raising taxes on the wealthy going to create jobs?

[Jarhead]

I have been thinking about this for quite some time. So I want someone who thinks it's a good thing to raise taxes on those who create jobs (the wealthy). What exactly do you think obama wants to do with the money? Give more money to the super poor? Increase payouts to the welfare crowd? None of that actually creates anything but more of an entitlement generation. It actually kills the real American dream for those who want to be rich and have money. It kills any type of a dream that a person can actually achieve home ownership they can afford and things they may want.

Here's the cold hard truth giving to the poor just makes more poor, when you take from those who have you're actually killing the American dream. Poor people do not hire people to work for them The wealthy do.

I think it's obama's goal not to create anything but equality in the poor house.

How is not raising taxes going to create jobs? Uhhh because we've had low taxes for dam near a decade and...well..look around. Jobs arent falling from the skies.

BTW...Rich people dont create jobs...People who create jobs are people who need employees. Every rich person doesnt need employees and every rich person is not a job creator

uh...we dont refer to them as "rich people"...we refer to them as "the job creators"
The left decided it is best to refer to them as "rich people"...

And yes, when we try to help the job creators, one of the unfortunate consequences is the large minority of "rich people" who capitalize on the intitiative without being part of job creating.

Sort of like the entitlelment dilemma......one of the unfortuante consequences of entitlement initiatives that are designed to help those who truly need it, is a large minority of people abusing the system for personal gain and to offset their laziness....

Now that being said...you see how it works?

The right does not want to help the uber wealthy anymore than the left wants to help the lazy and entitlement abusers....

SO enough with the political rhgetoric and spin....it is quite simple....

The right wants to help those that can create jobs...to create jobs...and guess what....the left wants to to the same.

The left wants to help those that cant do for themselves....and guess what...the right wants to do the same....

Carry on.....

 

[Auxous]

Please document this ...

Using google is not hard.

Obama Lays Out Plan To Cut Deficit By 4 Trillion Dollars - Business News - Portfolio.com

Obama announces framework for cutting deficit by $4 trillion over 12 years - The Washington Post

Obama Proposes Cutting $4 Trillion From Deficit in 12 Years - Bloomberg

Obama announces framework for cutting deficit by $4 trillion over 12 years - The Washington Post

Obama to keep pushing for $4 trillion debt deal even as leading Republicans say it's dead - Yahoo! Canada News

Obama: America will not ever stop paying your debts | Economics Newspaper

also tax increases don't guarantee revenue increases.

Also tax decreases don't guarantee jobs.

Tax burdens are at historical lows while unemployment is high.

U.S. tax burden at lowest point in years - UPI.com

Neat but supposed spending decreases are spread out over congresses of the next 12 year which means they won't come. Tax increases, however come right away. Not good.

"If you were to repeal the Bush tax cuts and bring us back to Clintonian tax levels, you would not see an increase in tax revenues but rather a decrease. That's right, all things being equal, the Bush tax structure brought more money into government coffers than any in history. The evidence that raising tax rates will inevitably lead to a tax system with a greater burden on the economy and fewer actual revenues is undeniable."

A tax structure ought to be judged by how many (inflation-adjusted) dollars it can bring in. Ideally you could even go a bit further and say the best tax structure brings in the most revenue with the smallest burden on the economy. After all, shouldn’t the goal of an efficient tax system be to get the most money with the least effect on the economy?

By either of these standards, 2007 bests 2000. In 2007, tax receipts (in 2005 dollars) totaled $2.414 trillion, whereas 2000 tax receipts (in 2005 dollars) only totaled $2.310 trillion. Additionally, in 2007 taxes were only 18.5% of GDP, but in 2000 they were 20.6%. In other words, the best year after the Bush tax cuts was better than the best year before them."

Exposing Liberal Lies: Tax Increases Result in Lower Revenues

A blog that is blatantly biased....I'll pass, skippy.

Bush tax cuts cost around 2 - 3 trillion in lost revenue and extending them will even cost more in lost revenue for the government.
http://www.ctj.org/pdf/bushtaxcutsvshealthcare.pdf

What does the CBO have to say? Bush tax cuts reduced revenue by at least $2.9 trillion below what it otherwise would have been between 2001 and 2011.
http://www.cbo.gov/ftpdocs/121xx/doc12187/ChangesBaselineProjections.pdf

 

[ClosedCaption]

I have been thinking about this for quite some time. So I want someone who thinks it's a good thing to raise taxes on those who create jobs (the wealthy). What exactly do you think obama wants to do with the money? Give more money to the super poor? Increase payouts to the welfare crowd? None of that actually creates anything but more of an entitlement generation. It actually kills the real American dream for those who want to be rich and have money. It kills any type of a dream that a person can actually achieve home ownership they can afford and things they may want.

Here's the cold hard truth giving to the poor just makes more poor, when you take from those who have you're actually killing the American dream. Poor people do not hire people to work for them The wealthy do.

I think it's obama's goal not to create anything but equality in the poor house.

How is not raising taxes going to create jobs? Uhhh because we've had low taxes for dam near a decade and...well..look around. Jobs arent falling from the skies.

BTW...Rich people dont create jobs...People who create jobs are people who need employees. Every rich person doesnt need employees and every rich person is not a job creator

One more time the government is not the private sector the private sector is the engine that creates jobs. The money taken in by the government does not go to the private sector. Do try to keep up.

Is that a response to what I typed because I made no mention of private sector vs government. Why are you changing the subject?

 

[Truthmatters]

unfortunately Facts wont disswade them from their lies.

 

[Auxous]

Do you honestly think those are obama's proposals?

That is what Obama was seeking, despite even making some Dems upset since his plan cut into Medicare and SS. However, it also involved tax increases. It was a much more aggressive plan to reduce the debt which those on the right are hysterical about. Instead, rightwinger refused the plan for a weaker one since it contained tax increases.

Who to Blame for the Debt Fiasco

Who to Blame for the Debt Fiasco - Rick Newman (usnews.com)

So you like blaming the doctor who had to cut off an arm to save a dying person?

The TEA party had to do what needed to be done. We cannot keep spending and creating more welfare children.

What a bunch of hogwash. If republicans didn't slash taxes, increase spending, and wage useless and expensive wars, then we wouldn't be in this mess.

If the tea party was sincere about attacking the debt, then they would have sought a balanced approach that was more aggressive. If they were actually sincere, then they should have formed back during the Reagan years and been protesting since. Instead, they are insincere and partisan.

 

[bigrebnc1775]

That is what Obama was seeking, despite even making some Dems upset since his plan cut into Medicare and SS. However, it also involved tax increases. It was a much more aggressive plan to reduce the debt which those on the right are hysterical about. Instead, rightwinger refused the plan for a weaker one since it contained tax increases.

Who to Blame for the Debt Fiasco

Who to Blame for the Debt Fiasco - Rick Newman (usnews.com)

So you like blaming the doctor who had to cut off an arm to save a dying person?

The TEA party had to do what needed to be done. We cannot keep spending and creating more welfare children.

What a bunch of hogwash. If republicans didn't slash taxes, increase spending, and wage useless and expensive wars, then we wouldn't be in this mess.

If the tea party was sincere about attacking the debt, then they would have sought a balanced approach that was more aggressive. If they were actually sincere, then they should have formed back during the Reagan years and been protesting since. Instead, they are insincere and partisan.

No you are full of bullshit. You're blaming the TEA party for trying to fix the mess created by government welfare programs.
So you will blame a doctor because he had to remove an arm to save a life.

 

[oreo]

I have been thinking about this for quite some time. So I want someone who thinks it's a good thing to raise taxes on those who create jobs (the wealthy). What exactly do you think obama wants to do with the money? Give more money to the super poor? Increase payouts to the welfare crowd? None of that actually creates anything but more of an entitlement generation. It actually kills the real American dream for those who want to be rich and have money. It kills any type of a dream that a person can actually achieve home ownership they can afford and things they may want.

Here's the cold hard truth giving to the poor just makes more poor, when you take from those who have you're actually killing the American dream. Poor people do not hire people to work for them The wealthy do.

I think it's obama's goal not to create anything but equality in the poor house.

So what's the definition of "super rich" in this country? Anyone want to take a guess at what Barack Obama means when he is talking of "the evil" wealthy in this country--

So what's the FIGURE?

 

[bigrebnc1775]

How is not raising taxes going to create jobs? Uhhh because we've had low taxes for dam near a decade and...well..look around. Jobs arent falling from the skies.

BTW...Rich people dont create jobs...People who create jobs are people who need employees. Every rich person doesnt need employees and every rich person is not a job creator

One more time the government is not the private sector the private sector is the engine that creates jobs. The money taken in by the government does not go to the private sector. Do try to keep up.

Is that a response to what I typed because I made no mention of private sector vs government. Why are you changing the subject?

OH but yes the private sector has plenty to do with your responce you try to tap dance aroiund it but it does not change one thing. Raising taxes on the private sector does not create jobs in the vehicle that makes the economy move.

M,aybe you do want the government to become like china and take control of the private sector, hows the wages in china?

 

[bigrebnc1775]

I have been thinking about this for quite some time. So I want someone who thinks it's a good thing to raise taxes on those who create jobs (the wealthy). What exactly do you think obama wants to do with the money? Give more money to the super poor? Increase payouts to the welfare crowd? None of that actually creates anything but more of an entitlement generation. It actually kills the real American dream for those who want to be rich and have money. It kills any type of a dream that a person can actually achieve home ownership they can afford and things they may want.

Here's the cold hard truth giving to the poor just makes more poor, when you take from those who have you're actually killing the American dream. Poor people do not hire people to work for them The wealthy do.

I think it's obama's goal not to create anything but equality in the poor house.

So what's the definition of "super rich" in this country? Anyone want to take a guess at what Barack Obama means when he is talking of "the evil" wealthy in this country--

So what's the FIGURE?

I wouldn't know because I never used the words super rich in my OP. But according to obama anyone making around 200,000 to 250,000 and above. Those are the targets of his attack, on a side note it's never going to hasppen because congress has plenty of billionairs in it.

 

[bigrebnc1775]

Is that a response to what I typed because I made no mention of private sector vs government. Why are you changing the subject?

OH but yes the private sector has plenty to do with your responce you try to tap dance aroiund it but it does not change one thing. Raising taxes on the private sector does not create jobs in the vehicle that makes the economy move.

M,aybe you do want the government to become like china and take control of the private sector, hows the wages in china?

China currently has the fastest growing economy in the world. We dont.

You keep avoiding the fact we have had ten years of tax cuts and no real jobs from it.

Again hows the china wages compare to the American wage?

 

[Wry Catcher]

I have been thinking about this for quite some time. So I want someone who thinks it's a good thing to raise taxes on those who create jobs (the wealthy). What exactly do you think obama wants to do with the money? Give more money to the super poor? Increase payouts to the welfare crowd? None of that actually creates anything but more of an entitlement generation. It actually kills the real American dream for those who want to be rich and have money. It kills any type of a dream that a person can actually achieve home ownership they can afford and things they may want.

Here's the cold hard truth giving to the poor just makes more poor, when you take from those who have you're actually killing the American dream. Poor people do not hire people to work for them The wealthy do.

I think it's obama's goal not to create anything but equality in the poor house.

How is not raising taxes going to create jobs? Uhhh because we've had low taxes for dam near a decade and...well..look around. Jobs arent falling from the skies.

BTW...Rich people dont create jobs...People who create jobs are people who need employees. Every rich person doesnt need employees and every rich person is not a job creator

One more time the government is not the private sector the private sector is the engine that creates jobs. The money taken in by the government does not go to the private sector. Do try to keep up.

Not true at all. Government contracts to build roads, bridges and yes even jet fighters go to the privage sector Suggesting others try to keep up is good advice, too many lies have been perpetrated by the right and are repeated thoughtlessly.

 

[bigrebnc1775]

so do i, money is tight even with the tax cuts and people are not spending as much as they used to. Why? People are not expanding anymore, they are just sitting waiting.

Tax cuts are a meaningless gesture.

Tax cuts are meaningless? Oppsed to raising taxes? Taking more from those who create jobs who are waiting to see what the government is going to do will not help the economy.

profits are up. you cant dispute this fact....
tax cuts and raises really wont affect job growth like you want it.

On which corpations? Those who help obama get elected?
Freedy and fannie excets got a raise yet they lost money. How does that work?

 

[ClosedCaption]

Who to Blame for the Debt Fiasco

Who to Blame for the Debt Fiasco - Rick Newman (usnews.com)

So you like blaming the doctor who had to cut off an arm to save a dying person?

The TEA party had to do what needed to be done. We cannot keep spending and creating more welfare children.

What a bunch of hogwash. If republicans didn't slash taxes, increase spending, and wage useless and expensive wars, then we wouldn't be in this mess.

If the tea party was sincere about attacking the debt, then they would have sought a balanced approach that was more aggressive. If they were actually sincere, then they should have formed back during the Reagan years and been protesting since. Instead, they are insincere and partisan.

No you are full of bullshit. You're blaming the TEA party for trying to fix the mess created by government welfare programs.
So you will blame a doctor because he had to remove an arm to save a life.

If they were against all of the government welfare programs then yeah...but they are only against the ones that help poor people. So if it was a mess they were complaining about they choose to complain about the clothes on the floor in one corner and not the entire "mess"

When will you guys realize that the Fed and Wall Street is fucking us waaaay harder than some poor person who buys food with government assistance?

 

[Auxous]

Who to Blame for the Debt Fiasco

Who to Blame for the Debt Fiasco - Rick Newman (usnews.com)

So you like blaming the doctor who had to cut off an arm to save a dying person?

The TEA party had to do what needed to be done. We cannot keep spending and creating more welfare children.

What a bunch of hogwash. If republicans didn't slash taxes, increase spending, and wage useless and expensive wars, then we wouldn't be in this mess.

If the tea party was sincere about attacking the debt, then they would have sought a balanced approach that was more aggressive. If they were actually sincere, then they should have formed back during the Reagan years and been protesting since. Instead, they are insincere and partisan.

No you are full of bullshit. You're blaming the TEA party for trying to fix the mess created by government welfare programs.
So you will blame a doctor because he had to remove an arm to save a life.

Oh for fuck's sake, you dumb partisan hack. Much of our debt stems from Republican policies of taxing less and spending more. If Republicans didn't slash taxes, spending like drunken sailors, and wage expensive and endless war, then we wouldn't be in this mess.

However, war pays from themselves and deficits don't matter, but only when Republicans are in power. When they are out of power, they become hysterical little children.

The Dems suck too, but not as bad. At least they tried to attack the debt problem in a more aggressive and balanced approach. Obama wanted to cut away $4 trillion, yet teabaggers wouldn't compromise since it would have involved raising taxes. Instead, they wanted a less aggressive plan.

I am still waiting for those Bush tax cuts to create jobs, numbnuts.

 

[bigrebnc1775]

How is not raising taxes going to create jobs? Uhhh because we've had low taxes for dam near a decade and...well..look around. Jobs arent falling from the skies.

BTW...Rich people dont create jobs...People who create jobs are people who need employees. Every rich person doesnt need employees and every rich person is not a job creator

One more time the government is not the private sector the private sector is the engine that creates jobs. The money taken in by the government does not go to the private sector. Do try to keep up.

Not true at all. Government contracts to build roads, bridges and yes even jet fighters go to the privage sector Suggesting others try to keep up is good advice, too many lies have been perpetrated by the right and are repeated thoughtlessly.

I covered that already Government contracts are awarded to select groups and not open to all so that really isn't part of the private sector. Roads are short term and do not sustain the economy for very long.
While driving I keep hitting those pot holes so why aren't the roads better?

 

[JakeStarkey]

Check the job growth in the late 1940s through the early 1960s with the tax rate, and then get back to us with what you find out.

 

[LibocalypseNow]

It wont. In fact it will only lose more Jobs. But it's great Class Warfare propaganda for the Dummies. Some people just eat that shit up. But whadayagunado? Ignorant Dummies make up most of the Democratic Party's Base.

 

[Spoonman]

It gives us money to do projects we need like infrastructure fwhich also creates lots of jobs

we had a trillion dollar economic stimulus package that was supposed to do that. what happened there?

 

[bigrebnc1775]

China currently has the fastest growing economy in the world. We dont.

You keep avoiding the fact we have had ten years of tax cuts and no real jobs from it.

Again hows the china wages compare to the American wage?

oh china is piss poor in the wages department. Does this mean you are for a minimum wage? Because now you are trying to use their wages as a point.

That being said private companies are investing hardcore in China right now regardless, but dont tell anyone this but China is more socialist than us...Shush....Seems the private sector has no real issue with socialism.

No but you sure seem like thats what you want to do. You wanty the government to take control of the private sector and we know how people are paid when other countries government take control of any private ownership.

 

[LibocalypseNow]

Meanwhile The One's "Jobs Czar" GE CEO Jeffrey Immelt is creating all sorts of Jobs...in China. The Democrats and their Class Warfare stuff really are one big farce. I guess we'll see how many buy it in 2012.