Obama Panders Middle Class Tax Cuts

[SniperFire]

Well las t time for one.

Bush? The smae Bush who lost more jobs in a single month than we have gotten back in all 3/12 years of Obama?

We are trying to claw our way out of a hole that Bush policies created and you propose we dig it deeper? Genius!

Next you will deflect with how it was the poor who caused the crash right?

Wrong.

We hit record number of jobs and record Federal tax receipts two years in a row after the Bush Tax cuts.

You are O for 1.

How about the other times?

Coolidge? JFK? Reagan?

Unsustainable jobs built on a bubble, huge borrowing of foreign money to pay for two wars and DHS - you really defending fighting wars on borrowed cash and the DHS? Seriously?

When the bubble popped - then record setting job losses under GWB. Just because his cut happened to coincide with the bubble growing and a huge increase of GOVERNMENT jobs does not mean the tax cuts created the job growth. Borrowing and huge jumps in Government employment did that sweetie!

I am not disputing that reagan managed to grow the economy . . .of course he turned us from a lender nation to a debtor nation to do it.

As for JFK and COolidge, they are before my time and I have not researched their tax policies nor job growth in their admins so I'll have to take your word for it.

You concede the point.

Each and everytime taxes have been cut on the wealthy to create jobs and growth, it has happened.

 

[Gideonprime]

Don't fall for the lie people..He's not calling for just extending tax cuts for the middle class

Obama is calling for RAISING TAXES on the job creators. mom and pop businesses who barley make over 250.000 a year

Well seeing as they are creating jobs in South America . . . yeah raise them.

 

[candycorn]

So now the GOP is against tax cuts? Strange.

 

[rightwinger]

there are no taxs being raised,UNLESS they expire....

The Republicans ar targeting the poor for tax increases in two ways

1. Running up the rhetoric on the unfairness of 47% do ot pay taxes
2.Advocating fat taxes that slash taxes on the wealth while raising them on the poor

if the present tax cuts in place stays there is no decrease in those tax brackets etc for anyone, it will be wash...you have a problem with thinking critically and you are all over the place.


so again, the bush tax cuts for the rich, weren't just for the rich? yes, or no?

Interesting question....

That is how Republicans sell their tax cuts. It is not a tax cut for the wealthy, it is a tax cut for everyone. What they don't tell you is that most of the money being saved is saved from the very rich

They also don't tell you that the reason 47% don't pay federal taxes is because Republicans had to cut their taxes in order to sell cuts for the rich
If Republicans had their way, those cuts would only be for the wealthy

 

[Gideonprime]

Wrong.

We hit record number of jobs and record Federal tax receipts two years in a row after the Bush Tax cuts.

You are O for 1.

How about the other times?

Coolidge? JFK? Reagan?

Unsustainable jobs built on a bubble, huge borrowing of foreign money to pay for two wars and DHS - you really defending fighting wars on borrowed cash and the DHS? Seriously?

When the bubble popped - then record setting job losses under GWB. Just because his cut happened to coincide with the bubble growing and a huge increase of GOVERNMENT jobs does not mean the tax cuts created the job growth. Borrowing and huge jumps in Government employment did that sweetie!

I am not disputing that reagan managed to grow the economy . . .of course he turned us from a lender nation to a debtor nation to do it.

As for JFK and COolidge, they are before my time and I have not researched their tax policies nor job growth in their admins so I'll have to take your word for it.

You concede the point.

Each and everytime taxes have been cut on the wealthy to create jobs and growth, it has happened.

I cede that Massive Government borrowing and turning us into a debtor nation and huge increases in Government employment contributed to the numbers you are discussing and aparently trying to hold up a good things which is about an ignorant as holdig up a dog poop and calling is a sausage.

Now if you are trying to make a point with that info all you have done is point out that you like ti when republican borrow us into a hole in the ground but whine when democrats suggest borrowing money then MISSION ACCOMPLISHED!

 

[SniperFire]

Unsustainable jobs built on a bubble, huge borrowing of foreign money to pay for two wars and DHS - you really defending fighting wars on borrowed cash and the DHS? Seriously?

When the bubble popped - then record setting job losses under GWB. Just because his cut happened to coincide with the bubble growing and a huge increase of GOVERNMENT jobs does not mean the tax cuts created the job growth. Borrowing and huge jumps in Government employment did that sweetie!

I am not disputing that reagan managed to grow the economy . . .of course he turned us from a lender nation to a debtor nation to do it.

As for JFK and COolidge, they are before my time and I have not researched their tax policies nor job growth in their admins so I'll have to take your word for it.

You concede the point.

Each and everytime taxes have been cut on the wealthy to create jobs and growth, it has happened.

I cede that Massive Government borrowing and turning us into a debtor nation and huge increases in Government employment contributed to the numbers you are discussing and aparently trying to hold us a good things which is about an ignorant as holdig up a dog poop and calling is a sausage.

Now if you are trying to make a point with that info all you have done is point out that you like ti when republican borrow us into a hole in the ground but whine when democrats suggest borrowing money then MISSION ACCOMPLISHED!

You concede the point.

Each and everytime taxes have been cut on the wealthy to create jobs and growth, it has happened.

 

[Stephanie]

So now the GOP is against tax cuts? Strange.

because we know what's behind it, keeping some cuts while eliminating others that will hit small businesses
Obama never does anything without some agenda behind it

 

[Gideonprime]

You concede the point.

Each and everytime taxes have been cut on the wealthy to create jobs and growth, it has happened.

I cede that Massive Government borrowing and turning us into a debtor nation and huge increases in Government employment contributed to the numbers you are discussing and aparently trying to hold us a good things which is about an ignorant as holdig up a dog poop and calling is a sausage.

Now if you are trying to make a point with that info all you have done is point out that you like ti when republican borrow us into a hole in the ground but whine when democrats suggest borrowing money then MISSION ACCOMPLISHED!

You concede the point.

Each and everytime taxes have been cut on the wealthy to create jobs and growth, it has happened.

Jesus you are stupid.

 

[SniperFire]

I cede that Massive Government borrowing and turning us into a debtor nation and huge increases in Government employment contributed to the numbers you are discussing and aparently trying to hold us a good things which is about an ignorant as holdig up a dog poop and calling is a sausage.

Now if you are trying to make a point with that info all you have done is point out that you like ti when republican borrow us into a hole in the ground but whine when democrats suggest borrowing money then MISSION ACCOMPLISHED!

You concede the point.

Each and everytime taxes have been cut on the wealthy to create jobs and growth, it has happened.

Jesus you are stupid.

Happened under Coolidge.

JHappened under JFK.

Happened under Reagan.

Happened under Bush.


“Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased – not a reduced – flow of revenues to the federal government.”

– John F. Kennedy, Jan. 17, 1963, annual budget message to the Congress, fiscal year 1964

 

[Jarhead]

Obama JUST ADMITTED he was wrong about tax cuts to the middle class...

And the morons standing behind him as well as his blind supporters dont even realize it.

He said....AND REPEATED IT....

"I have cut the taxes on the middle class every year since I came into office."

" an average of 3600 per household"

Well......then obviously, looking at the state of the economy.....tax cuts to the middle class arent the answer to stimulating the economy!

 

[Gideonprime]

You concede the point.

Each and everytime taxes have been cut on the wealthy to create jobs and growth, it has happened.

Jesus you are stupid.

Happened under Coolidge.

JHappened under JFK.

Happened under Reagan.

Happened under Bush.


“Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased – not a reduced – flow of revenues to the federal government.”

– John F. Kennedy, Jan. 17, 1963, annual budget message to the Congress, fiscal year 1964

Except that I have pointed out in teh last two you mentioned it was due to Governmetn borrowing and deficit spending not lower taxes. But chant your mantra and you'll be ok.

JFK was a man he made mistakes. Don;t think that just because a democrat said it I'm gonna agree. That and I would need bet that lots of the job growth had to do with goverment borrowing and spending o the Moon project but hey You like a goverment that turnes us from lenders to debots and grows government.

All you've shown me is you'd be a great socialist!

 

[Trajan]

The Republicans ar targeting the poor for tax increases in two ways

1. Running up the rhetoric on the unfairness of 47% do ot pay taxes
2.Advocating fat taxes that slash taxes on the wealth while raising them on the poor

if the present tax cuts in place stays there is no decrease in those tax brackets etc for anyone, it will be wash...you have a problem with thinking critically and you are all over the place.


so again, the bush tax cuts for the rich, weren't just for the rich? yes, or no?

Interesting question....

That is how Republicans sell their tax cuts. It is not a tax cut for the wealthy, it is a tax cut for everyone. What they don't tell you is that most of the money being saved is saved from the very rich

They also don't tell you that the reason 47% don't pay federal taxes is because Republicans had to cut their taxes in order to sell cuts for the rich
If Republicans had their way, those cuts would only be for the wealthy

yes, or no.

 

[SniperFire]

Jesus you are stupid.

Happened under Coolidge.

JHappened under JFK.

Happened under Reagan.

Happened under Bush.


“Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased – not a reduced – flow of revenues to the federal government.”

– John F. Kennedy, Jan. 17, 1963, annual budget message to the Congress, fiscal year 1964

Except that I have pointed out in teh last two you mentioned it was due to Governmetn borrowing and deficit spending not lower taxes. But chant your mantra and you'll be ok.

JFK was a man he made mistakes. Don;t think that just because a democrat said it I'm gonna agree. That and I would need bet that lots of the job growth had to do with goverment borrowing and spending o the Moon project but hey You like a goverment that turnes us from lenders to debots and grows government.

All you've shown me is you'd be a great socialist!

You must cede the point. You have no choice.

Each and every time we have dropped tax rates on the greedy rich for economic growth and MORE Federal tax receipts, not less - it has happened.

 

[Trajan]

here, for the challenged.....








Two weeks ago Congress's Joint Committee on Taxation reported that 53% of the income tax increases that Mr. Obama would extract starting next year comes from business. Those are the businesses that aren't hiring people as they wait out the tax and other policy uncertainties.


you want to do this in this economic environment? good luck.

Yup. I'm sure the economy will take off like a rocket. NOT.

Really. Some people who think they are smart just don't have the brains God gave a pea.

Perhaps Barry should read a little history and see what worked for other presidents.

I'm fairly sure he's smart enough, being a Harvard Law Professor and all, to figure out how to copy a winning strategy and run with it.

Then again. Mayby he doesn't give a shit. Never mind.

its all about class warfare and votes, he knows, he just doesn't care....

GIBSON: All right. You have, however, said you would favor an increase in the capital gains tax. As a matter of fact, you said on CNBC, and I quote, "I certainly would not go above what existed under Bill Clinton," which was 28 percent. It's now 15 percent. That's almost a doubling, if you went to 28 percent.

But actually, Bill Clinton, in 1997, signed legislation that dropped the capital gains tax to 20 percent.

OBAMA: Right.

GIBSON: And George Bush has taken it down to 15 percent.

OBAMA: Right.

GIBSON: And in each instance, when the rate dropped, revenues from the tax increased; the government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down.

So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?

OBAMA: Well, Charlie, what I've said is that I would look at raising the capital gains tax for purposes of fairness.

We saw an article today which showed that the top 50 hedge fund managers made $29 billion last year -- $29 billion for 50 individuals. And part of what has happened is that those who are able to work the stock market and amass huge fortunes on capital gains are paying a lower tax rate than their secretaries. That's not fair.


GIBSON: But history shows that when you drop the capital gains tax, the revenues go up.

yada yada yada
Page 18: Transcript: Obama and Clinton Debate - ABC News

 

[rightwinger]

if the present tax cuts in place stays there is no decrease in those tax brackets etc for anyone, it will be wash...you have a problem with thinking critically and you are all over the place.


so again, the bush tax cuts for the rich, weren't just for the rich? yes, or no?

Interesting question....

That is how Republicans sell their tax cuts. It is not a tax cut for the wealthy, it is a tax cut for everyone. What they don't tell you is that most of the money being saved is saved from the very rich

They also don't tell you that the reason 47% don't pay federal taxes is because Republicans had to cut their taxes in order to sell cuts for the rich
If Republicans had their way, those cuts would only be for the wealthy

yes, or no.

Link

 

[Luddly Neddite]

Obama to push extension of middle-class tax cuts | Financial Headlines | Comcast

President Barack Obama is launching a push to extend tax cuts for the middle class, as he seeks to shift the election-year economic debate away from the dismal jobs market and toward the issue of tax fairness.

The right tells us, out of one side of their mouth, if we don't raise taxes on the 2%, we'll get jobs.

Taxes have not gone up on the 2%, they have not produced any jobs in the 30 years since Ronnie Ray-Gun started his voodoo economics the right favors and yet, the right now says, out of the other side of its mouth, that its the fault of a Dem president that we have high unemployment.

The rw voter doesn't know what the fuck they're yammering about. All they know is to repeat what fux, lushbo, Boehner, Rove, Norquist, Ryan, Cantor and now, Mr Etch A Sketch tells them to repeat, over and over, ad nauseum.

Try to understand that you really can't have it both ways and make up your "minds".

 

[chanel]

This is a great site to calculate how much the Obama tax increases will cost you personally. (Of course it doesn't include the new Obamacare taxes).

Tax Foundation's Tax Policy Calculator

 

[Staidhup]

So if everyone works for the federal government, and pays taxes, will this result in a balanced budget and a sustainable financial model that will address unfunded liabilities moving forward? HAHAHAHA !what a pathetic joke. Time to report to the gulag comrade because private sector jobs will be nothing more than a distant memory.

 

[Luddly Neddite]

"Obama Panders Middle Class Tax Cuts"

... fux, lushbo, Boehner, Rove, Norquist, Ryan, Cantor and now, Mr Etch A Sketch ...

PANDERS TO THE 2%.

GET IT???

 

[Staidhup]

Obama to push extension of middle-class tax cuts | Financial Headlines | Comcast

President Barack Obama is launching a push to extend tax cuts for the middle class, as he seeks to shift the election-year economic debate away from the dismal jobs market and toward the issue of tax fairness.

The right tells us, out of one side of their mouth, if we don't raise taxes on the 2%, we'll get jobs.

Taxes have not gone up on the 2%, they have not produced any jobs in the 30 years since Ronnie Ray-Gun started his voodoo economics the right favors and yet, the right now says, out of the other side of its mouth, that its the fault of a Dem president that we have high unemployment.

The rw voter doesn't know what the fuck they're yammering about. All they know is to repeat what fux, lushbo, Boehner, Rove, Norquist, Ryan, Cantor and now, Mr Etch A Sketch tells them to repeat, over and over, ad nauseum.

Try to understand that you really can't have it both ways and make up your "minds".

Here is your exercise for the day, how much revenue will be realized if the top 1% of 2% have their taxes raised?

Here is another question, what examples do you have that show when taxes are raised private sector employment increases?

I await your response with great anticipation. This ought to be enlightening to say the least.