- Apr 1, 2011
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Then you are not serioius about addressing the deficit.
Horseshit. That argument is leftwing abracadabra. We don't have a revenue problem. We have a spending problem.
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Then you are not serioius about addressing the deficit.
You are a dragOnce again Obama has shown his plan all along. Raise taxes.
He wants to remove home interest payments as a deduction.
Trust me, this will include everyone, not just those who make over $200k.
Also, he says he wants to remove charitable contributions as well.
Folks, this isn't all he plans to do. He's just telling us the part he thinks we want to hear.
I guess you can drop all the rhetoric over how he's cut taxes now. It was all smoke and mirrors anyway.
As opposed to the Republicans being the party of spend and borrow.
All the rabble who AREN'T going to get taxed are the ones making the most noise.
CLASSIC!!
lol
First, show that they do.
I'll be especially interested in you showing that the tax cuts are ever 'funded' at all - the rest will be sauce for the goose.
Just wait for inflation.
When the AMT was put in place, it applied to 155 high income households - now it affects millions of middle class people. Why? Because it was never properly indexed to inflation.
So now we have two income families at the $250K level being defined as Rich. After a decade of high inflation, that will be a solidly middle middle class income level.
Three percent of American families earn over $250,000 per year, and you want to claim that income level as being middle class? So everyone under $250,000 is poor? I really love how we must all sacrifice, except for those who make the most money. God forbid, those with the most money should have to sacrifice too.
And I'll tell you what, spending cuts of $3 for every $1 of tax increases ought to make conservatives jump up and down for joy. Current tax revenues as a percentage of GDP are currently 25% below what they were under Clinton. And all I hear is everyone complaining about how they pay too much in taxes already. Give it a rest already.
You give it a rest... the economy is in the shitter... why would tax revenues be anything but low?
Good grief. Next thing I know you'll be yammering about Clinton's mythical surplus.
All the rabble who AREN'T going to get taxed are the ones making the most noise.
CLASSIC!!
lol
Rather naive take on that. If you tax the top earners, job producers, corporations and etc, they either pass the cost along to the consumer, i.e. middle class, lower class or they reduce the size of their workforce to make up the difference; so taxing the "rich" has the complete opposite affect than the liberals want.
Once again Obama has shown his plan all along. Raise taxes.
He wants to remove home interest payments as a deduction.
Trust me, this will include everyone, not just those who make over $200k.
Also, he says he wants to remove charitable contributions as well.
Folks, this isn't all he plans to do. He's just telling us the part he thinks we want to hear.
I guess you can drop all the rhetoric over how he's cut taxes now. It was all smoke and mirrors anyway.
The reason you and those like you cannot be taken seriously is you say stupid shit that isn't even close to being true. Massive tax increases? What I heard were tax increases of $1 for every $3 in spending cuts. That is not massive tax increases. You also failed to discuss the spending cuts. This is why I can't take most of what is said here seriously. It's just all political hackery from both sides most of the time.
If I were you, I'd leave and I'd never come back.
Then you are not serioius about addressing the deficit.
Horseshit. That argument is leftwing abracadabra. We don't have a revenue problem. We have a spending problem.
All the rabble who AREN'T going to get taxed are the ones making the most noise.
CLASSIC!!
lol
Bullshit! I pay enough freaking taxes. The government is so f'd up nobody is ever going to fix it. I already am doing more with less. The government and the people with hand outs to the government should do the SAME! It is disgusting.
I'm going to go out on a limb and guess you don't earn over $250,000 a year, so I'd calm down if I were you.
But feel free to tell me why the middle class should continue to fund the Bush tax cuts.
All the rabble who AREN'T going to get taxed are the ones making the most noise.
CLASSIC!!
lol
Rather naive take on that. If you tax the top earners, job producers, corporations and etc, they either pass the cost along to the consumer, i.e. middle class, lower class or they reduce the size of their workforce to make up the difference; so taxing the "rich" has the complete opposite affect than the liberals want.
One doesn't work without the other, not to mention you will kill the housing industry, why buy and have to maintain the home, this one is anti growth....
I think people should be able to write off expenses related to market consultation services. Failing to allow people to write off such expenses will kill the industry.
My neighbor owns a restaurant franchise (true story!). He thinks people should be able to get a tax deduction for money they put on their credit cards at chain restaurants. Failing to allow people to deduct restaurant expenses will kill the industry.
The guy down the street is a plumber. He thinks people should...well, you get the point.
Back in the old days you could deduct any interest payment. Reagan elminated that. And industry survived.
lol.....Obama REALLY doesnt get it.
He claimed that HE does not need another tax cut. He sees himself as no different than the rest of the "wealthy"...
What he seems to not understand is that he, and a small portion of the wealthy do not have an income based on the revenue of a company....and visa versa......He can not grasp the concept that if his taxes were a bit higher it may affect his ability to grow a company.
He IGNORES the logic that a large portion of the wealthy are the ones that can grow the economy.
Thus what happens when you elect a President that has never had the fiscal responsibility to anything buyt himself and his family.
Two points:
1. Obama doesnt understand his own finances but you do yeah, ok
2. They CAN grow the economy, but if you look at what is happening right in front of your eyes. They ARE NOT growing the economy after how many years of tax cuts.
Actually it may provide the exact result "The Great Divider" wants. This creep wants us at each other's throat. .
Man!!!!! The left really gets angry when Obama finally lays his cards on the table.Sorry, dude.
But the fact is that 1) most middle class people don't itemize so get no benefit, and 2) there is no reason to subsidize home ownership over any other class of investment.
Personally even if rates went up slightly it would be worth it if the tax code became dead simple. How many hours did it take people to do their taxes this year? How much is that worth to you?
Actually, you're wrong,,again.
Five Most Common Tax Deductions
1. Home Mortgage Interest
2. Charitable Donations
3. Income Taxes Paid
4. Real Estate Taxes Paid
5. Medical & Dental Expenses
Five Most Common Tax Deductions
Geez are you an ignorant piece of shit.
What do you think you are proving with this information?
Dropping the tax break on charitable donations will hit the charities. People will be less inclined to give as much. How about the Government gives the tax we paid on any amount given to charity to the charity.
That way, the charity gets the benefit, not me and not the government.
The only lies here are that the war in Iraq cost $3T, and that said war was based on lies.Malibu...sit down when I tell you this:
In Obamacare alone, we will be taxed $500 billion more over the next ten years. That would be $1700 for every man, woman and child on the country....so if you have a family of four, the stats are $680 per year in Obamacare taxes alone...
Did I do the math right?
Rename the boat "The IRS."
OMG! I just used the calculator...and this is too good. The actual figure is ...do you read the bible?
Here's a hint: the mark of the beast!
Must be a coincidence....
I see. $500 billion for health care for our citizens is so much more evil than $3 trillion for a war in Iraq based on lies.
Dropping the tax break on charitable donations will hit the charities. People will be less inclined to give as much. How about the Government gives the tax we paid on any amount given to charity to the charity.
That way, the charity gets the benefit, not me and not the government.
That's not really true. Only 30% of those who contribute realize a deduction.
Americans For Fair Taxation: Frequently Asked Questions Answers