Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
Collecting taxes that are unnecessary for or even harmful for the common good is even more moronic.
We're not talking about cutting taxes re the Bush tax policy, however, but not raising taxes. Extending the tax rates/policy for what the Administration describes as the 'middle class' will make some folks feel good but will do almost nothing to create new jobs for the unemployment or make any dent in what still feels like deep recession to most of us.
Extending the tax policy for everybody, however, will free up mega billions in small business capital and get the ball rolling again. Almost all small businesses who actually hire people make more than 250k.
Obama: Not Extending Middle Class Tax Cuts Could Hurt Growth
It most certainly will not hurt those "job creators." The Repugs, party of "fack the middleclass."
Collecting taxes that are unnecessary for or even harmful for the common good is even more moronic.
We're not talking about cutting taxes re the Bush tax policy, however, but not raising taxes. Extending the tax rates/policy for what the Administration describes as the 'middle class' will make some folks feel good but will do almost nothing to create new jobs for the unemployment or make any dent in what still feels like deep recession to most of us.
Extending the tax policy for everybody, however, will free up mega billions in small business capital and get the ball rolling again. Almost all small businesses who actually hire people make more than 250k.
Obama: Not Extending Middle Class Tax Cuts Could Hurt Growth
It most certainly will not hurt those "job creators." The Repugs, party of "fack the middleclass."
Collecting taxes that are unnecessary for or even harmful for the common good is even more moronic.
We're not talking about cutting taxes re the Bush tax policy, however, but not raising taxes. Extending the tax rates/policy for what the Administration describes as the 'middle class' will make some folks feel good but will do almost nothing to create new jobs for the unemployment or make any dent in what still feels like deep recession to most of us.
Extending the tax policy for everybody, however, will free up mega billions in small business capital and get the ball rolling again. Almost all small businesses who actually hire people make more than 250k.
Bingo.
Let business know one way or the other what the hell is going to happen. If they know they will still have the same tax rates they will probably start spending that 2 billion they are sitting on.
The only question they will have left will be what Obamacare is gonna cost em.
If we can't identify equivalent spending cuts, I would just as soon see none of the tax cuts extended. Borrowing money to cut taxes is moronic
Obama: Not Extending Middle Class Tax Cuts Could Hurt Growth
It most certainly will not hurt those "job creators." The Repugs, party of "fack the middleclass."
I thought the Bush tax cuts were only for the rich?
Now all you liberals want us to believe that Bush actually gave the middle class a tax cut?
I think it's time for some of you to get your stories straight.
Rick
Obama: Not Extending Middle Class Tax Cuts Could Hurt Growth
It most certainly will not hurt those "job creators." The Repugs, party of "fack the middleclass."
Bu...but....but how are the Dimocrats going to pay for those cuts? I mean I'm sure they want to be fair and balanced when it comes to paying for them, huh?
If we can't identify equivalent spending cuts, I would just as soon see none of the tax cuts extended. Borrowing money to cut taxes is moronic
Well, we know taking more money from the individual and transferring it to the state always spurs growth.
Obama: Not Extending Middle Class Tax Cuts Could Hurt Growth
It most certainly will not hurt those "job creators." The Repugs, party of "fack the middleclass."
I thought the Bush tax cuts were only for the rich?
Now all you liberals want us to believe that Bush actually gave the middle class a tax cut?
I think it's time for some of you to get your stories straight.
Rick
Already covered. We're still waiting for proof that anybody said "only the rich got tax cuts".
Put up or shut up Rick.
Collecting taxes that are unnecessary for or even harmful for the common good is even more moronic.
We're not talking about cutting taxes re the Bush tax policy, however, but not raising taxes. Extending the tax rates/policy for what the Administration describes as the 'middle class' will make some folks feel good but will do almost nothing to create new jobs for the unemployment or make any dent in what still feels like deep recession to most of us.
Extending the tax policy for everybody, however, will free up mega billions in small business capital and get the ball rolling again. Almost all small businesses who actually hire people make more than 250k.
Bingo.
Let business know one way or the other what the hell is going to happen. If they know they will still have the same tax rates they will probably start spending that 2 billion they are sitting on.
The only question they will have left will be what Obamacare is gonna cost em.
Yes, Obamacare is the other piece of the puzzle right now. It won't help much to extend the current tax policy for say two years. Businesses do their long range planning 2 to 5 years and more out so they need some long term assurance of what the tax policy is going to be for them. And they also need to know what taxes, penalties, requirements they're going to have re Obamacare and right now nobody is telling them. Obamacare will need to be stopped cold indefinitely and, if possible, repealed as early as possible next year to give small business assurances about that too.
Fix those two things and I would bet a very good steak dinner that the economy will then take off like a rocket.
Reporters Push Spin of Anti-Tax Cut Liberals
As they set the table for President Bushs State of the Union speech, network reporters have been busy as bees asserting that three liberal Democratic arguments against Bushs tax cut plan arent just spin theyre facts. A Media Research Center study of all 28 tax cut stories on the ABC, CBS and NBC evening newscasts from January 2 (when coverage of Bushs imminent plan began) through January 15 (after coverage had abated) determined that those liberal points received much more time than conservative counter-arguments and that journalists themselves often echoed the anti-tax cut talking points:
Liberals argued Bushs plan only comforts the rich. Viewers heard this point made by news sources 27 times and from reporters themselves another ten times. The bigger your wallet, the bigger the benefit, CBS reporter Byron Pitts insisted on January 6 as he presented the tax cut as liberals wished, in terms of dollars saved, not the percentage tax reduction each family would receive. Emphasizing percentages shows the benefits would be larger for lower income families, but viewers heard just seven sources (all Republicans) challenge the liberal presentation, and no reporter ever did. That computes to a six-to-one liberal skew on this issue, hardly balance.
Its not as if every expert agreed with Tom Daschle. The Tax Foundation used IRS figures to show how the current tax code punishes the rich the top 10 percent of Americans (those earning over $92,114) account for 46 percent of all income earned in the U.S., but pay 67.3 percent of income taxes. As Washington Post reporters Dana Milbank and Chris Jenkins noted January 10, Treasury figures show the share of the tax burden borne by those earning more than $100,000 would rise from 72.4 percent to 73.3 percent if Bushs plan was enacted. Thats helping the rich?
Two NBC reporters Campbell Brown and Lisa Myers did tell viewers (in general terms) that the rich pay a far higher share of current taxes, but ABC and CBS completely omitted even this basic fact. And no network reporter even hinted that the tax burden would fall even more heavily on the wealthy if Bushs plan became law.
But on Thursday night, Tom Brokaw highlighted Bill Clinton's attack from the left on Bush's plan as a giveaway to the rich.
Brokaw announced on the January 23 NBC Nightly News: Former President Bill Clinton today was the most critical he's been yet of the Bush administration, charging the administration's tax plan is what he called 'a giveaway to the rich' when too many low and middle income Americans are struggling to pay for health care and states are forced to cut back on basic services.
Obama: Not Extending Middle Class Tax Cuts Could Hurt Growth
It most certainly will not hurt those "job creators." The Repugs, party of "fack the middleclass."
Tax cut to people who are not going to spend them does little of anything to spur the economy. The majority of the tax that the govt is not now collecting due to the tax cuts goes to the top 10% by far.
Making the tax code fair so people who need their income to provide for the families has nothing to do with providing billions of tax dollars in relief to people who's only purpose is to save it or invest it overseas, so they can make more money.
The real story is most people use very little of what the country uses to provide wealth. When a small company or a corp does business they use all parts of what our society provides in order to stay in business. In other words my work provides for my family but it also helps a business owner create wealth. Now if that owner uses 10 people or 1000 or 100,000 people to create wealth then they are using way more than any family used.
You use schools, hospitals, roads cops, services, airports, bridges, water, air, natural resources, and just about everything in the world. All these things play a part in my life but play little as far as my using them, or destroying them.
what is used according to you people should be shared equally between each one of us and you, like we have an equal share in what is being used or what we need for you to be in business or for me to make a living.
You need to understand that your ability to make large sums of money using everything in our life's including us personally and then somehow felling that we are just as responsible as those who are making millions and billions out of our economy is plain sick.
Your able to make as much money as you can, all we ask is you pay what is owed out of doing so. Your problem is you don't think of what you use or destroy as being a reason you need to pay more than someone who is just providing for their families.
