chanel
Silver Member
Private sector employment is never a goal of the left. Silly wabbit!
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
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
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".
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.
Talk is cheap.
BTW, this is a Bush program Obama says caused the poor economy. Why does he keep extending it?
When has Obama ever said middle class tax cuts caused the Great Recession?
[youtube]qiad54f2Rjw[/youtube]
Obama and the left tells us the solution is to tax the rich by raising their taxes while keeping our's the same.
According to the CBO this will give the government $85 billion dollars a year. Problem is every 8.5 days we spend that much in the federal government. So this all is simply a ruse to trick Obama supporters into thinking he's using this as a solution.
Fact is.....Obama's mouth is watering over the $400 billion letting the Bush tax-cuts completely expire would give him. Fact is......he needs 3 times that amount to pay for his budget.
So where do you think he's gonna get all of that money from?
From everyone......not just the rich. But he doesn't want you to know that.
Just like he didn't want you to know that his health care bill was a massive tax increase.
Just like the cash he's planning on stealing from Social Security and Medicare.
Obama and the left tells us the solution is to tax the rich by raising their taxes while keeping our's the same.
If you have a website that has at least a few credible sources on how(and by how much) the ACA will supposedly increase the *current tax rate* on Americas I will...kiss you?Just like he didn't want you to know that his health care bill was a massive tax increase.