Obama digs in against GOP

[KissMy]

The people earning above $350k need to start paying a higher percentage of their income in taxes than the middle class. We can't compete if our product cost more because we have to pay more tax than the rich. This tax system is a huge benefit to the rich & a huge burden to the middle class. If a middle class person made widgets, they would cost more than the rich widgets because the middle class widget maker has to pay more tax per widget. This drives all the middle class out of business, into poverty & onto the government dole every time the rich wants to compete.

Don't fall for the tax rate nonsense. Effective tax rates are what you must go by. The loopholes & low dividend tax rate are the whole problem. When you look at total tax revenue & not just income tax, the rich are actually paying lower effective tax rate than the poor/middle class. Government is letting the people at the top pay a lower percent tax than the rest.

Investment flows to where it receives a greater return. That means if the rich are taxed less thereby producing more efficiently than the rest of us who are taxed more, we all become surf's & they become our super wealthy masters. That is what is wrong with this country. All forms of income including dividends must be taxed at the same rate. Loopholes for the rich must be eliminated. According to free market capitalist Adam Smith the father of modern economics there should also be a slight progressiveness to taxes that allows the people at the bottom pay a lower rate than the people at the top. Currently it is inverted & regressive.

If you want to become a peasant that is forced to kiss the shoes of your rich masters then by all means keep with the current tax scheme. Mitt Romney only paid 13% in taxes. That is as low of a tax rate as someone in poverty. By all means worship the ground he walks on & kiss his ass every hour.

What your chart shows is people start investing after a certain income level in meaningful ways. That investment helps maintain and create jobs. Go ahead, syphon it off to the government.

No it doesn't show the rich invest in meaningful ways or create jobs. The rich destroy jobs. The middle class & small business create jobs & invest in meaningful ways.

At least by your stupid statement we now know you envy the rich can kiss the ass of your master better than most. Romney really needs you to sooth his but-hurt with your lips after his big defeat.

 

[saveliberty]

The people earning above $350k need to start paying a higher percentage of their income in taxes than the middle class. We can't compete if our product cost more because we have to pay more tax than the rich. This tax system is a huge benefit to the rich & a huge burden to the middle class. If a middle class person made widgets, they would cost more than the rich widgets because the middle class widget maker has to pay more tax per widget. This drives all the middle class out of business, into poverty & onto the government dole every time the rich wants to compete.

Don't fall for the tax rate nonsense. Effective tax rates are what you must go by. The loopholes & low dividend tax rate are the whole problem. When you look at total tax revenue & not just income tax, the rich are actually paying lower effective tax rate than the poor/middle class. Government is letting the people at the top pay a lower percent tax than the rest.

Investment flows to where it receives a greater return. That means if the rich are taxed less thereby producing more efficiently than the rest of us who are taxed more, we all become surf's & they become our super wealthy masters. That is what is wrong with this country. All forms of income including dividends must be taxed at the same rate. Loopholes for the rich must be eliminated. According to free market capitalist Adam Smith the father of modern economics there should also be a slight progressiveness to taxes that allows the people at the bottom pay a lower rate than the people at the top. Currently it is inverted & regressive.

If you want to become a peasant that is forced to kiss the shoes of your rich masters then by all means keep with the current tax scheme. Mitt Romney only paid 13% in taxes. That is as low of a tax rate as someone in poverty. By all means worship the ground he walks on & kiss his ass every hour.

What your chart shows is people start investing after a certain income level in meaningful ways. That investment helps maintain and create jobs. Go ahead, syphon it off to the government.

No it doesn't show the rich invest in meaningful ways or create jobs. The rich destroy jobs. The middle class & small business create jobs & invest in meaningful ways.

At least by your stupid statement we now know you envy the rich can kiss the ass of your master better than most.

Don't post charts you can't understand. Particularly from 2007. lol

 

[Toro]

What your chart shows is people start investing after a certain income level in meaningful ways. That investment helps maintain and create jobs. Go ahead, syphon it off to the government.

No it doesn't show the rich invest in meaningful ways or create jobs. The rich destroy jobs. The middle class & small business create jobs & invest in meaningful ways.

At least by your stupid statement we now know you envy the rich can kiss the ass of your master better than most.

Don't post charts you can't understand. Particularly from 2007. lol

What from his charts does he not understand? And though I disagree with KM on the rich and investing, it doesn't dismiss the argument that the wealthiest were paying a lower effective tax rate than the middle class, unless you can empirically demonstrate otherwise.

 

[NoNukes]

oh goody, he didn't yesterday he was too busy playing golf

propaganda from the NYslimes, say it aint so

the BIG NEWS from yahoo yesterday:
SNIP:
Fore: Obama, Bill Clinton enjoy round of golf
By By STACY A. ANDERSON | Associated Press – 18 hrs agoEmail0Share0Share2PrintJOINT BASE ANDREWS, Md. (AP) — Fore — 42 and 44 are playing 18.

Former President Bill Clinton — the 42nd president — is joining President Barack Obama — he's No. 44 — for a round of golf at Joint Air Base in Maryland.

Also in the group, according to the White House, are U.S. Trade Representative Ron Kirk and longtime Clinton backer and strategist Terry McAuliffe, who's running for governor in Virginia in 2013.

from
Fore: Obama, Bill Clinton enjoy round of golf - Yahoo! News

Boy, that's pretty weak. Golf? Is that the best you can come up with?

But, that's what I'd do if I were him. Go play some golf and let the GOP simmer in their own juices for awhile. The longer the GOP refuses to act in the nations interest, instead of ideological interests, the more they look like that par-boiling frog.

Golf was actually a strong reply considering the source.

 

[saveliberty]

No it doesn't show the rich invest in meaningful ways or create jobs. The rich destroy jobs. The middle class & small business create jobs & invest in meaningful ways.

At least by your stupid statement we now know you envy the rich can kiss the ass of your master better than most.

Don't post charts you can't understand. Particularly from 2007. lol

What from his charts does he not understand? And though I disagree with KM on the rich and investing, it doesn't dismiss the argument that the wealthiest were paying a lower effective tax rate than the middle class, unless you can empirically demonstrate otherwise.

...and the reason they pay a lower rate? I think you will agree it is due to investment income. Did I not state that? Note bolded section above. Doesn't sound llike KM agrees with you at all.

 

[Oddball]

No it doesn't show the rich invest in meaningful ways or create jobs. The rich destroy jobs. The middle class & small business create jobs & invest in meaningful ways.

At least by your stupid statement we now know you envy the rich can kiss the ass of your master better than most.

Don't post charts you can't understand. Particularly from 2007. lol

What from his charts does he not understand? And though I disagree with KM on the rich and investing, it doesn't dismiss the argument that the wealthiest were paying a lower effective tax rate than the middle class, unless you can empirically demonstrate otherwise.

More than likely because the wealthy aren't deriving their financial sustenance from wages and salaries, which begs the question why those shouldn't be taxed less, rather than dividends and cap gains being taxed more.

 

[Dragonlady]

What your chart shows is people start investing after a certain income level in meaningful ways. That investment helps maintain and create jobs. Go ahead, syphon it off to the government.

Corporations don't NEED investors at the moment. Corporations are already sitting on billions of dollars of income so they don't need more investors. And the Bush tax cuts did NOTHING to create jobs. Until corporations start investing some of that money in real estate and machinery and hiring people, there will be no jobs.

Neither the rich nor the corporations need more capital. What they need to do is spend it.

 

[saveliberty]

What your chart shows is people start investing after a certain income level in meaningful ways. That investment helps maintain and create jobs. Go ahead, syphon it off to the government.

Corporations don't NEED investors at the moment. Corporations are already sitting on billions of dollars of income so they don't need more investors. And the Bush tax cuts did NOTHING to create jobs. Until corporations start investing some of that money in real estate and machinery and hiring people, there will be no jobs.

Neither the rich nor the corporations need more capital. What they need to do is spend it.

Maybe you should stay in Canada. TIA

 

[Oddball]

What your chart shows is people start investing after a certain income level in meaningful ways. That investment helps maintain and create jobs. Go ahead, syphon it off to the government.

Corporations don't NEED investors at the moment. Corporations are already sitting on billions of dollars of income so they don't need more investors. And the Bush tax cuts did NOTHING to create jobs. Until corporations start investing some of that money in real estate and machinery and hiring people, there will be no jobs.

Neither the rich nor the corporations need more capital. What they need to do is spend it.

Or have it looted from them....Right?

 

[Mr. Shaman]

What's different? Reagan made sense and wasn't forcing half the country to be dependent on government to wipe their ass for them.

Well, that is exactly what Reagan did. He lowered taxes for the rich and gave goodies to the poor to keep them quiet about it. It backfired and failed to create the jobs he promised and the government ran up a huge deficit to pay for it all.

I guess we won't count the first 25 million jobs Reagan poplicies created....and then you'd be correct.

I'm guessing you weren't a Math Major, Skippy.​

ReRon Reagan = 16M​

Stupid Teabaggers​

 

[Dragonlady]

Or have it looted from them....Right?

How is it that when the rich are asked to pay the same as everybody else, it's looting, but when middle income earners are asked to pay more than ANYBODY ELSE, it's somehow fair. The American economy is suffering right now because the middle class have to pay the highest tax rates, as well as the highest health insurance rates in the world.

 

[Annie]

Obama is such a good negotiator, "sit down shut up and do what I say", then he goes out on the campaign trail besmirching everyone that was in the room

He is great orator, but one useless prick at the negotiating table.

Actually he sucks as orator, the first term demonstrated that.

 

[Oddball]

Or have it looted from them....Right?

How is it that when the rich are asked to pay the same as everybody else, it's looting, but when middle income earners are asked to pay more than ANYBODY ELSE, it's somehow fair. The American economy is suffering right now because the middle class have to pay the highest tax rates, as well as the highest health insurance rates in the world.

47% are paying nothing in federal income taxes....Why aren't you bitching about them not "paying their fair share"?

 

[Mr. Shaman]

Obama is such a good negotiator, "sit down shut up and do what I say", then he goes out on the campaign trail besmirching everyone that was in the room

He is great orator, but one useless prick at the negotiating table.

Actually he sucks as orator, the first term demonstrated that.

[ame=http://www.youtube.com/watch?v=haQzdW7hg4A]Classic Bush - What Mistakes? - YouTube[/ame]

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.

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[Annie]

Booossshhhh

 

[P@triot]

That was the negotiation. Now Obama wants to negotiate again to get more of what he wants. Fuckum. The fical cliff it is.

The Republicans (especially the Tea Party Republicans) have pledged to their supporters that they will never vote for a tax increase under any circumstances. Such a position is neither practical nor prudent, but we are talking about the Tea Party Republicans after all, a group living on the outer vestiges of the realities of the 21st century.

The problem with the fiscal cliff is that cutting spending, especially military spending, will stop the recovery in its tracks and raise unemployment. The Republicans lost this election because they were more concerned about making sure that Obama would be a one term President than they were with dealing with the economic mess created by 8 years of fiscal mismanagement when the Republicans were in power.

The Republicans can continue to act like spoilt children who didn't get their way, but Obama holds all the cards and the Republicans did that to themselves. In order to raise taxes, which the Republicans refuse to do, Obama just has to let the Bush tax cuts expire. Then he can propose tax cuts to those making less than $250K per year and if the Republiicans refuse to vote for the new round of cuts, they're the bad guys raising taxes on the middle class.

As long as Republicans cling to the failed fiscal policies of Reagan and the Bushes, the US will continue to sink further into debt, the number of people living below the poverty line will continue to increase. Republican fiscal policies since Reagan have been an unmitigated disaster and have lead to the decimation of the middle class. More of the same is not the answer.

Obama doesn't have to worry about winning the next presidential election and he has a mandate to raise taxes now. If the Republicans continue to try to thwart that mandate, the electorate will make them pay for that pigheadedness in two years, just like they did this time. I can't imagine that the elderly, who overwhelmingly supported the Republicans this past election, will be pleased to see their income eroded when the Bush tax cuts on their investment income ends.

Yeah - those "crazy" Tea Party people - the one's who want Constitutional government. I can see how you can be so against them....

Seriously, is there anything more comical than people like DragonLady here who think that Socialism/Communism/Marxism is some "cutting edge" concept of the future? Fuck'n moron's don't realize it's been done since the 1800's and has been a spectacular failure world wide.

 

[P@triot]

The people earning above $350k need to start paying a higher percentage of their income in taxes than the middle class. We can't compete if our product cost more because we have to pay more tax than the rich. This tax system is a huge benefit to the rich & a huge burden to the middle class. If a middle class person made widgets, they would cost more than the rich widgets because the middle class widget maker has to pay more tax per widget. This drives all the middle class out of business, into poverty & onto the government dole every time the rich wants to compete.

Don't fall for the tax rate nonsense. Effective tax rates are what you must go by. The loopholes & low dividend tax rate are the whole problem. When you look at total tax revenue & not just income tax, the rich are actually paying lower effective tax rate than the poor/middle class. Government is letting the people at the top pay a lower percent tax than the rest.

Investment flows to where it receives a greater return. That means if the rich are taxed less thereby producing more efficiently than the rest of us who are taxed more, we all become surf's & they become our super wealthy masters. That is what is wrong with this country. All forms of income including dividends must be taxed at the same rate. Loopholes for the rich must be eliminated. According to free market capitalist Adam Smith the father of modern economics there should also be a slight progressiveness to taxes that allows the people at the bottom pay a lower rate than the people at the top. Currently it is inverted & regressive.

If you want to become a peasant that is forced to kiss the shoes of your rich masters then by all means keep with the current tax scheme. Mitt Romney only paid 13% in taxes. That is as low of a tax rate as someone in poverty. By all means worship the ground he walks on & kiss his ass every hour.

What your chart shows is people start investing after a certain income level in meaningful ways. That investment helps maintain and create jobs. Go ahead, syphon it off to the government.

No it doesn't show the rich invest in meaningful ways or create jobs. The rich destroy jobs. The middle class & small business create jobs & invest in meaningful ways.

At least by your stupid statement we now know you envy the rich can kiss the ass of your master better than most. Romney really needs you to sooth his but-hurt with your lips after his big defeat.

"The rich destroy jobs"....

Ladies & Gentlemen, I give you the idiot "logic" of the dumbocrat. Those small, little envious men who hate their lives, hate their own little penis's, and have tremendous envy of those who are better than they are...

By the way, at least by YOUR stupid statement, we now know that KissMy worship's his master - government - and is a good little obedient bitch as they throw him small table scraps on the floor...

 

[P@triot]

No it doesn't show the rich invest in meaningful ways or create jobs. The rich destroy jobs. The middle class & small business create jobs & invest in meaningful ways.

At least by your stupid statement we now know you envy the rich can kiss the ass of your master better than most.

Don't post charts you can't understand. Particularly from 2007. lol

What from his charts does he not understand? And though I disagree with KM on the rich and investing, it doesn't dismiss the argument that the wealthiest were paying a lower effective tax rate than the middle class, unless you can empirically demonstrate otherwise.

The wealthy pay damn near ALL of the taxes in this country. Even the CBO has acknowledge as much. God almighty are you dumbocrats so fucking ignorant. The tax RATE means dick!!! The government does not pay it's debt in rates, it pays them in money. And the rich are paying damn near ALL of the money that sustains the government....

CBO Report Confirms Rich Already Pay Their "Fair Share"

 

[P@triot]

Since tax rate means shit, and actual tax dollars mean everything, why don't you ignorant fucking assholes look at a real chart, from the bipartisan CBO (and not the radical marxist "American Progress" organization)?

 

[saveliberty]

Its more fun when you lead them down the path more slowly guys. Its like laser pointers and dogs.