The Myth of only raising taxes on those making over $250,000

Discussion in 'Economy' started by NOBama, Oct 24, 2008.

  1. NOBama
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    NOBama Senior Member

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    And when he came to tax me, there was no income to tax for I was unemployed and there was no one left to support me.

    Learn it.

    Know it.

    Because, if Obama wins this election you will: Live it.
     
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  2. jillian
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    jillian Princess Supporting Member

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    Link it....
     
  3. NOBama
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    NOBama Senior Member

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  4. busara
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    busara wanasiasa wapumbava

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    boy nobama, you really scared me into voting for mccain!
     
  5. NOBama
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    NOBama Senior Member

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    If it helps keep my money out of your pocket, my job is done :)
     
  6. busara
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    busara wanasiasa wapumbava

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    i could be getting your money? sweet! i got student loans to pay! im back to obama! :D
     
  7. Turboswede
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    Turboswede Very Metal

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    I am going to keep posting this until it sinks in,

    Bush has left us with no feasible option but to raise taxes

    So, here is a little exercise for all of you out there that think we can balance the federal budget through spending cuts and can avoid tax increases. I pulled these figures from Wikipedia for the 2008 Federal Budget:

    $608 billion - Social Security
    $386 billion - Medicare
    $209 billion - Medicaid and the State Children's Health Insurance Program (SCHIP)
    $324 billion - Unemployment/Welfare/Other mandatory spending
    $261 billion - Interest on National Debt
    $481.4 billion- United States Department of Defense
    $145.2 billion- Global War on Terror
    $69.3 billion - Health and Human Services
    $56.0 billion - United States Department of Education
    $39.4 billion - United States Department of Veterans Affairs
    $35.2 billion - US Department of Housing and Urban Development
    $35.0 billion - State and Other International Programs
    $34.3 billion - Department of Homeland Security
    $24.3 billion - Energy
    $20.2 billion - Department of Justice
    $20.2 billion - Department of Agriculture
    $17.3 billion - National Aeronautics and Space Administration
    $12.1 billion - Department of Transportation
    $12.1 billion - Department of Treasury
    $10.6 billion - United States Department of the Interior
    $10.6 billion - United States Department of Labor

    For FY 2008 our estimated deficit will be $455 billion and our current national debt is $10.2 Trillion.

    Easy question, what do you cut from the above to get $455 billion?
     
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  8. NOBama
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    NOBama Senior Member

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    Which departments benefit the slothful protion of the population that’s too lazy to get off their butts and find work, let’s start there.

    You do realize that the US has been involved in a war on Terror over the past seven years and the economy is in the toilet, right?

    Let me ask you a question, how much are you willing to pay keep terrorists on foreign soil rather than having them parade around in the United States, killing American’s and blowing-up buildings? Exactly what’s your cap on that? I’d really like to know.

    As I alluded to in your original post regarding this matter, your question is nothing more than an illusionary hypothetical. It cannot be addressed at the highest level with any reason whatsoever. So, why don’t you find the detailed, line item budget, and post that. Then, we can take a look at each and very tentacle of the individual offices of the departmentalized budget. Be sure it includes everything right down to the smallest of office supplies and the value added by each federal employee.

    Then, you and I can sit down together and design a new budget for the entire US government. When we’re done, perhaps you and I can present it to the new President after his inauguration speech.

    I anxiously await and look forward to working with you on this most patriotic endeavor that your proposal entails.

    EDIT: One more thing: We’ll not only need the projected budget, we’ll need YOY actual expenses for at least the past 12 months.
     
    Last edited: Oct 24, 2008
  9. DavidS
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    DavidS Anti-Tea Party Member

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    Aww how cute. Not only is someone pulling shit out of their ass with a splintered wooden rod, but they also used my name and new avatar in their signature.

    Truly, I'm honored. *takes a bow*
     
  10. DavidS
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    DavidS Anti-Tea Party Member

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    Btw - McCain said he'd increase spending to NASA to $20 billion a year. I guess he forgot he told them that he'd freeze spending.

    Space Politics McCain: still committed to additional NASA funding
     

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